Transcripts For FBC Mornings With Maria Bartiromo 20170810

The market than 1 . The dax down three quarters of 1 . In asia overnight, lower across the board. The hang seng index down better than 1 . Japan really fun on the session. A doubledecker bus crashes in london. The vehicle is limited through storefront during rush hour. Six people injured. Well have the latest coming out. Controversy at the va. Abc hospital fired for poor leadership put back on the payroll. Earnings to focus once again, we will hear from kohls, macys and nordstroms. Keeping an eye on snap as well. The watch service. Plus, from weight watchers, opera teams up with craft times to bring healthy dishes to your dinner table. All the stories coming out. Fox Business Network dagen mcdowell. Iraq and afghanistan here and the wall street journal Telecom Reporter jane does. Great to see you. Good morning. Maria were you surprised the provocations or north korea . This is what she did when you appease the regime prior to this one. They responded to the way weve react to them. Who was more sanctions, talks and pursued Nuclear Ambitions regardless. Things are going to change. The rhetoric is different. The National Security team around him i think we should all be assured they will make the right decisions in the best interest of National Security. Those members of the team will talk about in a moment. General mattis, john kelly, Rex Tillerson id say. They were the most crazed individuals in President Trump said haitian when they were appointed. You have to rely on their language. People are making much about what President Trump said. Focus on what secretary mattis had to say about north korea. If not stronger language. Is that when it has the north korean regime to take a step down . They havent done it under any circumstances before. Would we take it . I agree. Its going to have to be followed by a son different actions that people arent quite ready for the internalized the fact that it will turn a corner. We will see where it goes. Maria not looking for regime change. That will be the actual policy. Maria her take on telecom. Marred details. Wp psr chair. Martin sorrell join us. Anders christensen is here. Duffy ways than in fine arts photographer who is just back from north korea. Never before seen pictures. Youll bring them to us. The hermit kingdom says now that it is finalizing plans to launch for missiles into the waters off of the u. S. Pacific territories of guam by the middle of the month would then await agreement for the countrys leader, kim jong un. The committee after it promised the fire theory for the north that it refuses to stay now. Defense secretary jim mattis issued a stern warning calling out pyongyang to deceive any consideration of actions that would lead to the end of its regime and destruction of its people, end quote. The governor of guam says he appreciates tough talk coming out of the Trump Administration. As far as im concerned is an american citizen, i want a president that says if any nation such as north korea attacks guam, honolulu, the west coast, that they will be met with alan furey. Maria and the president first said that, peak access, there were lots of christ in the Mainstream Media. What did people expect the president to do . Dont you want the president of america to be tough . Cries from the Mainstream Media and policy establishment on the left and right who got north korea wrong, pyongyang wrong, sanctions supposed to get away from bombs and let us to bombs in the scenario. A video circulating on my knees to need the trump 20 years ago talking about the fact when you appease come of this is what they want and theyre going to get it. The longer we wait, the worse it got in any scenario. This has been handed in their life. They have to act now. They are talking to china come the sanctions, it was important. None of that is going to be enough in light of the news report that north korea had a weapon loaded onto an icbm. Theyve known that for weeks. This is part of their calculation. There are 200,000 citizens in guam, american citizens. They would go for something bigger than not. Maybe it is part of their target set. Ultimately they are citizens there. This will have to be taken by the u. S. I would like to think that kim jong food does an escalation is extremely theres no likelihood hes going to win. But hes really unpredictable leader. I can imagine he thinks he would be special, but he might not be operating in the same reality. Dagen this is in incidents where President Trumps unpredictability works to his vintage and our advantage. If you step back and listen to the rhetoric the last in the media got so enraged about, you also listen to the message from the other members of his administration. They definitely have a strategy. They are on board even if you dont have secretary of state tillerson using the exact same language. Hes not talking like nikki healy. Your interview on sunday, not talking about regime change. Trump using that language is very harkens back to the rhetoric. Did people forget. So i think that it seems like there is definitely a message. Absolutely. I wonder how trump will respond. The kind of language the north koreans for reasons. I also dont like the suggestion he will read a headline about kim jong un said. At said. The First Defendant to launch nukes. He looks at the foreignpolicy establishment, this that says more sanctions, little bit here. It doesnt work with the dictator who believes his regime to preservation is based on Nuclear Weapons delivered to our shores. Either stop it or you dont. Maria you are absolutely right. The video donald trump 20 years ago is really extraordinary because he said exactly that. He said they better do something out otherwise they will later. Its extraordinary. This every india was just enough weapons that a president down the line will have to the fact we have no good options. You within hours only going to get worse. Maria this whole talk and upset, the war of words but in Global Markets on edge. Any relief in sight, usually the market do not get impacted by geopolitical, but it seems that the market has relied on whats going on. In the shed would have and i find anything geopolitical at this point, anything that might take stocks down because they are such complacency. We talked about the measure of volatility being at multiyear lows. You have extremely high valuations on many of these companies. The broad market is not cheap by any stretch. I think it is reasonable. It leaves a little bit of a pullback. Maria meanwhile the telecom sector, the active deals we demand time warner at t because and as we await the potential closing, we see other deals last week, ill tease getting into things. Right now they are acquiring Time Warner Cable last year. They have been successful so far, but for right related to sprint talking about doing a deal. Now everybody wants to get into the cable business is still healthy despite all the cord cutting. The distribution broadband. When you cut the cord you need a highspeed data connection. Do you think we will see those deals we saw back in the 90s as all of these companies see who they are going to get to scale. Thats what everybody has been waiting for. A government auction of wireless airwaves this year. Thats almost a full year freeze on talks and everybody thought coming out of this there might be a whole bunch of deals. Weve seen a lot of companies try to position themselves as the media and Telecom Industries are reshaping themselves in a big way or they are poised to reshape themselves in a big way. They are changing everything. Future comic to be from your wireless carrier or Cable Company at home. How are you going to future media from netflix or whatever. They are trying to position themselves for the future of how we consume media. Maria enter netflix. Com. At least six people are injured as they are doubledecker bus crashes in england. The social media giant new way to watch videos trader had. Right here. Back in a minute. I am totally blind. And non24 can make me show up too early. Or too late. Or make me feel like im not really there. Talk to your doctor, and call 8442342424. Why should over two hundred years of citi history matter to you . Well, because it tells us something powerful about progress that whether times are good or bad, people and their ideas will continue to move the world forward. As long as they have someone to believe in them. Citi financed the transatlantic cable that connected continents. And the panama canal, that made our world a smaller place. We backed the Marshall Plan that helped europe regain its strength. 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Two female passengers trapped on the upper deck. They were rescued. Police say nine people suffered major injuries at capacity building. Police say paramedics treated a number of passengers right there at the scene. Pictures were getting in from london. Back at home, hurricane fran quinn coming ashore on the gulf coast early this morning. Expected to when torrential rains do not miss region to the mudslide. The atlantic season yesterday. We are going to be getting earnings from three degrees tilting today. Cold to macys to report Quarterly Results before the bell. Nordstrom leasing numbers after the bell. The two pose results from last year. Analysts are concerned the promotions of Macys Cosmetics Department could be a specific concern. Nordstrom earnings expected a decline. Revenue expect it to rise about 3 . Also launching facebook today, redesigning their video for original programming. Calling up watch and discuss sections that showcase videos that maybe her friends are watching. They want to have the show generate conversation on facebook. They also plan to make it possible for anyone to upload a show. Kind of like youtube is the best way to describe it. Shares of facebook up 50 so far this year. Maria is incredible what what is going on with social media and media in general. How do you see things changing in the next three years . This is tough to predict, but more and more people are watching videos on smartphones him to continue in this space to get this right. Youtube has obviously been hugely successful in young millennial of teenagers in particular, spend so much time on youtube and facebook needs to do better in that space. Maria i guess the new facebook feature short videos here that is whats worked over the years, really started taking hold. You spent time with teenagers unsnapped chat, it is the small bites of information that i would never think to post, but they do in facebook is losing some of that audience, pulling it back in by giving them a platform. Maria they talked about in the Earnings Call that they are bringing up their advertising specifically in video delivery kind of a two to three year time frame, but basically other traditional advertising is sold out within peoples newsfeeds. One thing youll see more and more of these videos. They will insert advertisements in the video. You will play a part of the video then you do wait to the end of it. The end of the video. It is like 15 seconds. Maria it is like what the dealer collar does with the stories. Anywhere you can insert the ads is what theyre doing. A careful balance of that because you dont want to upset consumers when they get ignored by ad. Maria if it is straight content, up. We will talk more about this. Real thoughts on whats going on in terms of advertising. We will take a break. Michnik, weighing in on President Trumps news about the legislative process. Our new president has not been in this line of work before and i think had excessive expectations about how quickly things have been. Train to mourn those comments. The president has something to say about that. Hillary clinton under fire again for benghazi. The renewed search efforts for her emails i had. Ahead. Today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. Track your pack. Set a curfew, or two. Make dinnertime device free. [ music stops ] [ music plays again ] a smarter way to wifi is awesome. Introducing xfinity xfi. Amazing speed, coverage and control. Change the way you wifi. Xfinity. The future of awesome. Heart of the reason they that the storyline we havent done much is because in part, the president and others have said these early time length about things that need to be done by a certain point. Our new president of course is not been in this line of work before and i think had excessive expectations about how quickly things have been. Maria Senate Majority leader Mitch Mcconnell question President Trumps expectations when it comes to the agenda of getting through the gridlock in d. C. You think those remarks on twitter saying senator mr. Mcconnell said i had excessive expectations, but i dont think so. After seven years of repeal and replace, why not done . Youve heard the call mcconnell yesterday angrily expressed he did not appreciate the comment. The wall street journal jon hilsenrath. Good to see you. Thanks for weighing in here. Back and forth on where the agenda stand, especially the focus shifting the tax reform. Out and about the month of august to push tax reform. We know kevin brady, paul rein sat down with me. Will they get it done . You know, i think they have to get it done after what happened on health care. They have to get something done. I dont know if it will reach the ambitions the president has said that on a 15 Corporate Tax rate. This is an area where everyone has their interest in line. Even though mcconnell and the president are fighting now over what happened with health care, the two seniormost economic advisers, Stephen Mnuchin and gary cohn have been working closely with mcconnell on putting together a tax plan. We shouldnt let this fiery rhetoric we are seeing on health care distract us from whats going on behind the scenes. Maria i do think they look at this time because they recognize that they dont get this under a real implications. Having said that, time is running out. It could end up being the tax cut and not real reform in terms of changing in doing away with certain deductions in the simplicity of it. It is tough to win by losing, so in this case you got a lot on health care that we want to believe tax reform will happen. The president is a double down and make health care happen. There is a path to it. Is it worth revisiting that is the path to making tax reform policy . It seems to be health care is going on a different track. You have the chair of the Health Committee in the senate, lamar alexander, looking at holding. And its going down a smaller pass. They really have to get focused on taxes. Even before we talk about taxes, september is a very busy month for congress in terms of dealing with a debt ceiling increase, which is not easy or simple to do. Continuing resolutions on spending with the shutdown of the government altogether and putting together a budget resolution for 2018 which becomes the vehicle for tax reform. There isnt room in the agenda to go back because they have so much else to do. It literally immediately after they get back from the recess. Dagen every member of congress in the senate as republicans have to wear tshirts that say excessive expert patients. Thats exactly the way the American People feel about those photos for lack of a better word. I meant to insult them because President Trump had every right to be furious about their lack of action on health care because of all the years they had. Can we go back to 1981 . I know its a different time and were coming out of literally a decade of malaise in terms of economic growth, runaway inflation, but Ronald Reagan was shot in three weeks after that he stood up in front of congress and talked about the need to revive the economy through tax cuts. They got that done by august of 1981. August. So they have set the bar, the expert patients so low, it is embarrassing to think they can get anything done. Can i say one thing about the expectations. The president is absolutely right. Republicans had seven years to put together some plan they can all agree on a common abode on. But heres the thing of mcconnells defense. We knew when this president was sworn in and they had to have done that. Weve been watching for seven years and seeing they didnt have a plan. The house has been working on some of these issues, but there is nothing. No blueprint for them to work on. I think it a think it is shame on everybody in this case because they had all of this, they didnt use it in a new data made promises they couldnt live up to. Maria mcconnell is to blame the president because hes not in politics. It is so ridiculous, really. I cant even believe it. He puts the blame at President Trump a look in a its your job to get it done. Maria you have to keep asking the question, do they really want him to succeed . A pocket of the Republican Party could care less if President Trumps exceeds. Dagen i think its bigger than a pocket. They are getting back at him. He destroyed the Republican Party in the Establishment Republicans as we know them and they are getting back at him. Maria including john mccain, he comes out and is the final vote and he votes no. It is so obvious what he did. He didnt kill the Republican Party. He saved it. Theyre increasingly relevant for what will people think im how working people live. He revived the ability for it to be viable. It is john mccain, who i have loved for a long time. John mccain, Mitch Mcconnell, ben sasse, all these guys, murkowski, susan collins. They dont understand what average people feel, think, want. The Congressional Republicans have come up to go first in 2018 before the president does and if they lose power in the senate, this president will work with democrats. If you want to get deals done. If the Republican Party doesnt work for him, they work with democrats. Lets not forget effect and democrats in the cabinet. Steve mcgeechan was before he became a republican. Train to quite a few actually. Jon hilsenrath they are. Next comes the shocking reason by the department was forced to rehire an employee that they fired. What is up . The high cost of prescription drugs. The new lawsuit against cvs thaa customers paid more when they used insurance. New truck now has a cornerstep built right into the bumper. Gary super cool. Potsch the bed is made of highstrength steel, which is less susceptible to punctures than aluminum. Jim aluminum is great for a lot of things, but maybe not the bed of a truck. Potsch and best of all, this new truck is actually gary all laughing oh my. Potsch the current chevy silverado. Gary im speechless. Gary this puts my ford truck to shame. James ill tell you, i might be a chevy guy now. laughing so new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. 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In the east coast. Veterans affair forced to fbi director that was fired last month. Why federal board is forcing the agencys hand. The federal judge orderers state department to track down emails former secretary of state Hillary Clinton may have sent about the strike on the compound. Because of a protest or guys out for a walk one night and decided to kill some americans, what difference at this point does it make . Maria new questions over the attack this morning. Is america drinking too much. The shocking new study that says one in eight americans actually has an alcohol problem and a new lawsuit over what cvs is charging you, more for generic paid for with insurance. You get a meal, you get a meal. New food venture. Thats coming up. Can you really tell whats made in america, how parent apparel is letting customers pick where their clothes are made, buy what you like. Thats markets are also on the edge this morning. Fraction all move, dax endics down three quarters of 1 . In asia red across the board. Best performer was hong kong. Top stories this half an hour. Disarray at the va. Federal board is forcing it to rehire the former director of va center in washington, d. C. Brian hawkins was fired last month after intern investigation revealed he sent Sensitive Information about the hospital to wifes personal email. Hawkins argued that he was wrongly terminated so the protection issuing him to stay, david slammed the decision, no judge that has never run a hospital or never cared veterans will force me to put an employer back into a position when he posed sift risks to veterans. He goes onto say, protecting veterans is the most important responsibility. Shul kin has vowed to fight the reappointment. Lea gabrielle. Lea, your reaction here . Well, you know, i think first of all, when you look at this particular perp who serving in the va and the work that he did, the report said, quote that the hospital had the highest levels of chaos. So he was clearly in effective leader. This is one of the issues in the va system, 18 of 25 Sterile Stores locations for syringes were found to be dirty. Nurses werent able to find things like bloodlines for people who needed dyalisis. Its clearly an issue when someone who was in charge of a hospital with these kind of problems is able to appeal the process and go right back to work and keep working at the va. The dc va is a disaster. If you fire someone who is terrible there, they get reinstated, thankfully secretary shulkin understand this. This is a reminder how u how built it is for unions. They keep their jobs in order to protect themselves. Theyre also terrible people. Do excellent job and i saw this in local news in san diego. I dont want it to sound like its all bad when it comes to va but there are systems in place that the bureaucratic red tape garbage thats in place that makes it very difficult for the va secretary to do what hes trying to do, clean out the bad and put in the good. For now hes not permanently bad necessary. More process. More red tape, more process. Bottom line this is to be continued. When you look at it, according to House Va Committee chairman there have been at least 20 deaths that could have been preventible, at least. Theres probably a lot more than that. Dagen can we remind people, though, when someone advocates greater government control over Health Insurance and your health care, greater government involvement in the health care system, this is an example of hour government Running Health care for the people who deserve the best health care, the people who have received this country and protected our freedoms. This is what they get. Bureaucrats and elected officials do not know better, they do not know better than you do about your own health care, period. You need to look no further than that. Maria shulkin is supposed to run in the va and they go around him and because of merits board they put him back. Shulkin should have the authority. It is, its permanent. Because of new legislation, because of the va accountability act which President Trump sign intoed law which shortness the period of time where these appeals processes can go into play. I have to compare this to my time in navy, if the commander of the ship is found to be the one who was in charge when the ship runs to ground, that person gets fired. Maria exactly. The person gets fired. Maria final word on this, pete. Youre exactly right. Bureaucracy surpasses any administration. Thats why when steve bannon says deconstructing the administrative states is the goals of the administration, thats exactly right. More powerful than executive to clean house. Maria we know that attack killed four americans including our embassador, federal judge is ordering the state department to track down emails that Hillary Clinton may have sent about the assault on the diplomatic compound. Judge rule that had the department had not done enough to track down messages particularly those clinton top aides during tenure as secretary of state. Lea, this has been going on for a long time but there really has been no investigation whatsoever until now. Conservative watchdog group, you know what, the search wasnt good enough for the emails because you didnt search the state departments own systems, right. They found 348 emails pertain to go benghazi from the ones that clinton provided, from her aides, from the fbis investigation, but they didnt search their own system and the Justice Department lawyers for the state department are pushing back, well, this has precedent, its going to be burdensome, look, you have to search the state Department Emails maria that should be the first place they search. Should be the first place. Chris stevens, sean smith, four americans dead, their families deserve to know answers, we deserve to know the truth and to be able to prevent things like this from happening in the future. Maria imagine all the stuff that we would never know if Hillary Clinton won the election. No one told us to do it. Its really hard. Dagen you are paying people salaries and they do not work for you, the American People. They dont. Maria thats the bottom line. Four americans dead. I dont care how burdensome. Dagen double slap in the face. Maria Lea Gabrielle there. Would you pay more for clothing made in the United States . How American Apparel is testing this out on customers even if its more expensive . Thats next. Eat like oprah winfrey, straight ahead. Back in a minute for millions who suffer from schizophrenia a side effect of their medication. Is something called akathisia. Its time we took notice. Maria welcome back, markets under pressure this morning, thursday morning, dow industrials set to up 50 points, quarter percent lower. Nasdaq 35 points lower. A couple of names on the move. Snap is the one to watch within tech, Participant Company of snapchat set to report secondquarter earnings after the bell tonight. Loss of 14 cents a share. Snap shares right now nonetheless going into the numbers up a quarter of a percent. We are watching shares of tesla, reuters reporting that the automaker is developing selfdriving technology for semitrucks, test vehicles in nevada, tesla shares flat right now. Charter communications also the one to watch, reporting taking over of cable giant. More scale in the u. S. , charter shares up nearly 40 so far this year and ryan is the reporter for the wall street journal, a lot of people have looked at charter over the years. But too big for a lot of companies to acquire. They are probably above that right now. 65 or so billion dollars in debt. Altice is a much smaller and charter has gotten big, they bought Time Warner Cable last year. It also be a big thing to bite off even a company like verizon which expressed interest with charter. It would be a monster. Maria the other companies in the space would totally fight that. It would be controversial. Comcast tried to buy time warner and blocked by the Obama Administration and charter bought time warner. The idea they could personal afterwards, different Justice Department and maybe they dont have much overlapping territory so maybe historical maria do you expect at ttime warner to go through . There is i mean, jobs in this country, there would be job cuts as a result of this. Companies are concerned about the kind of power that it would give at t when you own content and distribution, given the changing landscape, its hard to predict where all of this is going. Isnt the sense of this Administration Even more antitrust than the previous . I dont think so. Maria initially he was saying amazon is too big, at t was too big, time warner together. Hes definitely said things like that but not his department of justice but donald trump has said things like that. Dagen about his enemies. Maria i dont know. Dagen jeff bezos is amazon. You to read between the lines. Maria fair point. All eyes in the Business World because are they going to let it through on traditional trust grounds or the populist where trump during the Campaign Said he we wanted to block the deal because is an example of powfer structure that hes up against. Politics do get into antitrust. Maria you wonder what happens with cnn in that deal. Meanwhile theres this, alcoholism on the rise in the u. S. , Cheryl Casone with the story and headlines right now, cheryl. Cheryl get this, new government figures show that one in eight americans are now alcoholic, over 11year period, the number of people who received diagnosis shot up by 49 , the problem is specially prevalent get this in women, rose almost 84 among older people the increase more than 80 . Headlines this morning, cbs is being sued for allegedly charging more to customers that use insurance to pay for generic drugs. The california woman claimed she paid more than 165 last month for a prescription that would have cost her 92 if she didnt use the insurance company. Accused of cvs of fraudulent scheme. Cvs said they did nothing wrong. You will now be able to eat like oprah winfrey. Oh, thats good. Get it . Store shelves actually this week. Theres a partner, down 1 this year. Lets see if the o effect will take effect on craft heinz. Relaunching online was kind of a test of patriotism, im going to put it like that. Shoppers can choose between two identical versions of eight different signature basics like the hoody youre seeing on the screen, one version is made in america and the other outside of the u. S. Are you following to paid for something made in america, whether he we will see. Maria a lot of companies that are coming into country are much cheaper. More expensive to do business here. Im actually legitimately curious to see where that comes out. Maria we will see. Me too, they will put the brand name outside of it so its not the kind of thing that poem will be buying the sweat shirt because they want to express patriotism. Dagen if you buy sneakers and other products, you can choose which products they do make here in the United States, they do cost more but again the quality tends to be much better. Maria thats why i want to see. We will see comes out of the study. We will take a break. How much are you really paying in hidden credit card fees, we break down the charges and how to avoid them, back in a minute before i had the shooting, burning of diabetic nerve pain these feet. Jumped into city life as a kid. And kept my town moving. But i couldnt bear my diabetic nerve pain any longer. So i talked to my doctor and he prescribed lyrica. Lyrica may cause serious allergic reactions or suicidal thoughts or actions. Tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. Or swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling or blurry vision. Common side effects are dizziness, sleepiness, weight gain and swelling of hands, legs, and feet. Dont drink alcohol while taking lyrica. Dont drive or use machinery until you know how lyrica affects you. Those who have had a drug or alcohol problem may be more likely to misuse lyrica. Now i have less diabetic nerve pain. Ask your doctor about lyrica. When this guy got a flat tire in the middle of the night, so he got home safe. Yeah, my dad says our insurance doesnt have that. What . you can leave worry behind when liberty stands with you™. Liberty mutual insurance. So it only made sense to create a network that keeps up. Introducing Xfinity Mobile. It combines americas largest, most reliable 4g lte with the most wifi hotspots nationwide. Saving you money wherever you check your phone. Yeah, even there. See how much you can save when you choose by the gig or unlimited. Call, or go to xfinitymobile. Com. Xfinity mobile. Its a new kind of network designed to save you money. Maria welcome back, Credit Card Debt topping 1 trillion, according to u. S. Federal reserve, what tr the hidden costs associated with using credit cards . New creditcard. Com, susceptible to six potential fees that can be avoided. Joining us right now to take us behind the curtain matt, matt, good to see you, thank you so much for joining us. Thanks for having us. Maria we know theres late fees and tons of fees, lets start with late fees, what type of costs are you usually looking at here. Thirtyseven dollars, the best news is they are completely avoidable and chances are if you havent had a late fee in a long time, its your first one, pick up the phone, make a call, ask them to waive it, they will probably do it. Maria put in the effort and ask them to waive it. Fees associated with cash advances. Who takes cash out on their credit card . Is this a really common thing . Its a pretty common thing. It was on 98 99 percent of the cards that we look at, easy to avoid specially if you just if you dont use the convenience checks the banks sends you in the mail or also you dont use your credit card at an atm, bad move generally. Its important to know that it comes with a fee, thats usually 3 of that transaction. Maria let me ask you about those who travel abroad because theres extra cost there as well on your credit card. Yeah, foreign transaction fees are something that used to be on virtually every card out there but the banks are going so hard after international travelers, those are the customers that they want so we have seen those types of fees really reduced specially over the last two years. Maria whats the fee for, you used your credit card in another country . Some of the currency conversion costs, the banks, its covering that but they basically eaten that a lot of times. Maria a lot of consumers neglect to account annual fee. Its actually not that prevalent, if you really dont want to pay an annual fee, you probably dont have to, your average cash back card probably doesnt have one but if youre a highend traveler, youre chasing signup bonus, lounge access, you will probably have one. Maria who is the good and the bad. Which cards have the most fees and who is the least, give us the breakdown. The only card that we found that had one fee was the pentagon travel visa card and the only fee that was there was the one associated with old paper statements, so basically if something is old enough that you cant find it online, they will charge you to get it for you. Maria capitol one has good fees, fewer than what youre seeing elsewhere. Yeah, exactly. They had a bunch of theam had two fees and all of those were latepayment fees and cash advancement fees and those are avoidable if you use card wisely. Maria gold car, these are the cards that have the most fees . Yeah. Maria hilton reward card. American express make most money off of fees at least compared to other credit cards, different setup right there. Maria we will be right back, stay with us. Es. In fact, 4 out of 10 even achieved completely clear skin. Do not use if you are allergic to taltz. 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Maria welcome back, good thursday morning, everybody, thank you so much for joining us. Happy thursday. Im maria bartiromo, it is thursday august 10th, top stories right now 7 00 a. M. On the east coast. North korea reveals plan to attack the u. S. Territory of guam. It is celebrating the rising tensions with the a rally in north korea. The usa maintaining tough stance, meanwhile lawmakers say the rhetoric, however, is going too far. We have to be careful what we say and we have to be careful what we do. Im very concerned about the level of rhetoric that President Trump employed. Maria investors around the world remaining on edge, futures indicating lower, low in the morning down a quarter of a percent, nasdaq down 38 points, thats twothirds of 1 n. Europe similar story. Markets are under pressure this morning. Ftse down better than 1 . The dax index down twothirds of a percent. Asia overnight, decline as cross the board. Markets are unneverred by the prospect of these provocations out of north korea. Hang seng worst performer down better than 1 . Kohls and macys recording ahead of the opening this morning. Give you a sense of what the consumer is doing. The outrage after he banned Police Officers and military from working out at his facility. Plus ad goes viral for all the wrong reasons, ethnic filters and getting immediate backlash, the fallout coming up. The messy but tasty highway spill, a truck filled with frozen pizzas shutting it down for hours. Kansas city royals, what happened after little kitten made its way to the field . Fox Business Network dagen mcdowell, Fox News Contributor and iraq and Afghanistan War veteran pete hegseth is here and the ceo of the largest advertise ing martin. Good morning. You can fill your airways. Maria we have all of the above. Dagen martin, animals and food rate. [laughter] we all just got happier. Maria you know what rates, we want to find out from you what youre seeing in the advertising business, we will talk about that. Okay. Maria President Trump just tweeting this, can you believe that Mitch Mcconnell who has screamed repeal and replace for seven years couldnt get it done, must repeal and replace obamacare. We are going to go indepth with this with congressman sean duffy in an hour and we will talk with the ceo of zebra, technology, plus fine art photographer david typically shoots wildlife but he is just back from tenday trip to north korea. We will show you pictures that have not seen before from david yarrow, fine art photographer. North korea has doubled down on the threat to the usa. Its finalizing programs to launch four missiles into the waters of the u. S. Pacific territory of guam. They say theyll do this by the middle of the month. This just a day after President Trump promised, quote, fire and fury if north korea refuse today stand down. Defense secretary jim mattis issuing a warning saying this, cease any consideration of action that would end regime and destruction of people. Here is what he said yesterday. Obviously for our administration and for the people of guam there is concern and worry but theres no panic, theres a multilayer defense starting from korea and japan as well as in the western pacific as well as our terrestrial assets in guam with the fat Missile Defense system that American Community such as guam as well as other American Communities will be protected. Maria joining us right now staff member under president bush and president obama, thank you so much for seeing. Good morning, guys. Maria your reaction between escalating tensions between north korea and the u. S. . I personally like to restore some sense of logic and in the midst of National Security crises and panics like this , i think that secretary tillerson and mattis yesterday sort of did this beautiful job of restoring american to the ground truth. Secretary mattis pointed out that north korea is well aware of the governing International Reality which is that the u. S. Could overwhelm them in any kind of arms race, any kind of ground conflict or confrontation which is absolutely true and that secretary tillerson said, americans should really sleep well in their beds tonight. This is not cause for panic, those two guiding statements, i think, are what we need to sort of gurd ourselves with in times like this. They really did a great job. Maria they did have comments that were stable and trying to calm americans, pete, but at the same time it wasnt a different message than President Trump was sending . No, it was sort of the translation of President Trumps message and i guess julian thats my question for you as well. You call it ground truth, i call it conventional wisdom and conventional wisdom has gotten us over previous administrations, whether clinton, bush or obama to Nuclear Capable north korea, sanctions, talks, he prove kates, we do nothing decisive, here we are with their capability to strike us, is this not a moment where if you dont do something now or definitively youre going to have a worst situation Going Forward . Well, look, since the end of the korean war, 50, 60 years ago the prevailing u. S. Posture has been diplomacy, diplomacy, back that sort of by credible military threat, you know, the threat of using military force but diplomacy features front and center, i think that President Trump is really not changing that posture too much rhetorically he seems to have approach. Stylistically she has a different approach, hes matching intimidation with intimidation so hes trying that but militarily we are not really doing anything different with the same number of troops that were stationed in south korea at the beginning of the administration are there today, that doesnt look like a hugely different posture to me. I think that the tension and the situation is escalating rhetorically and publicly, but on the grounds, i dont know whats different. Maria your thoughts on this. Im worried. Maria youre worried . Fear and fury. I was wondering what you do about iran as well. Maria 20 years ago. In 1999. He was much more eloquent, i guess, than in the last few days so much more measured. Its a problem. I think we probably have to get used to the fact that a number of nations are going to have Nuclear Capability and unless we take extreme action, recommending or suggesting, that raises a precedent. Im not happy about it. 1 rogue and regimes with nukes pointing at us, thats what someone with the establishment would tell us . We got a report maria they will do it by the middle of august. They say. They say. We will see. Maria thats what north korea side. Icbm that would reach our shores, at what point does that become problematic . What do you do about other rogue state that is have similar capabilities . The iran deal brockered and put in place with the Obama Administration makes it more difficult for us to deal with iran because once money starts flowing into the nation from other countries and other entities and even private businesses it makes it harder but truly, the diplomacy particularly using china which was the root that was being explored up until the latest exchange maria have we given up on china, gilian. China is the trader trading with north korea enabling them to get the food and oil that they need and theyre critical in terms of help to go rein in north korea but they havent done it . Absolutely not done it. They have not done it under president s bush and under president obama and they are when i say it, they are not doing what the United States wants them to do under President Trump either. I think President Trump has really come to realize that, he gave it his best shot and came in guns blading and said, im going to push china and work with them, he had calls with the government on weekly basis virtually since january and hes now seeing, you know what, they just have divergent, they dont want a nucleararmed north korea but number one priority ensuring that the north Korea Economy remains stable and they have this interest in propping it up. Its a hard truth and every president comes into office really wanting to see if they can change the calculus and they cant. Maria they dont want tens of thousands of refugees at their doorsteps o. Or american troops. Dagen they dont want additional u. S. Sanctions on Chinese Companies and thats one of the reasons they probably signed onto those sanctions that were handed down by the un over the weekend, that they dont want more action particularly in terms of trade. Theres a lot we could do. It would be tough tough in our economy but theres a lot we could do in terms of cracking it out on trade from china. The diplomatic response is through what are we getting through diplomatic response . We diplomated our way to a nuclear bomb and then what do we do . It may be better that youre suggesting. How about we do something decisive . Maria what could be done, pete hegseth . Additional troops. In 1994 if president clinton had taken action, we wouldnt be dealing with this at all, the sooner you act, the less problems you have. You want to wait 20 years, im not saying theres good options right now but something that caps regime, im telling you, roll the tape 20 years from now. Its only going to get worse. Isnt that what the north korean regime is concerned about that . Possible decapitation. You said posturing a few minutes ago, a few seconds ago you said they were going to take action. Maria thats what they said. They said they are going to take action middle of the month which was so aggressive to say we are going to do this by the middle of the month. Gilian interesting to know that the interview that donald trump did 20 years ago he did say in measured tone, do something down, but what should have been done then . Well, pete, hit the nail on the head, there arent any good options, there werent any good options in 1994 and no good options now, the problem not to use all the pify aknock dotes bad news never gets better with age. Sometimes diplomacy really works, you could make the argument in the case, pete, that diplomacy has gotten us to this point where iran is developing a Nuclear Weapon, north korea has a Nuclear Weapon or on the flip side, you could say that diplomacy has delayed those processes. Im not saying either one is the case, leisry will be have to be the judge and theres a tossup, theres certainly no easy options for any administration regardless of what your posture is, whether you want to do strategic patience, military intervention, theres no what military intervention would you recommend . Why are we so afraid of conflict . No, no. Im going to ask you the question target on what . Nuclear facilities and Nuclear Capabilities and the regime. No one is at war with north korean people. Kim jong un has his own interest and using Nuclear Weapons to wield it so youll be as target, its not going to be perfect significant collateral damage. There always is, its called war. Pete, the other problem as you well know the American People have zero appetite true. If President Trump wanted to do that, if secretary mattis wanted to do that, i dont know how they would galvanize support for it. Fair point. Maria we appreciate your time this morning, thanks. Thanks, maria. Maria Gilian Turner joining us there. The popular app accused of racism allowing users to change ethnicity. The response next. Its not potholes, its pepperonis causing a traffic jam in arkansas, the pizza catastrophe that shut down major highway for hours when the pizza truck dumped all the pizzas on the road. Back in a minute for millions who suffer from schizophrenia a side effect of their medication. Is something called akathisia. Its time we took notice. Whatever it takes, wherever i have to go. Im beating this. Breast Cancer Treatment is continuing to evolve. Ctca is definitely on the cusp of those changes. We really focus on taking the time with each individual patient so they can choose the treatment appropriate for them. I empower women with choices. Its not just picking a surgeon. Its picking the care team, and feeling secure where you are. Visit cancercenter. Com breast Appointments Available now. Maria welcome back, taylor swifts mother testifying on the third day of the groping trial. Cheryl. Cheryl fascinating trial to watch so far, taylor swifts mother andra swift took the stand yesterday as describing her daughter humiliated and shaken after meeting and accused of groping the pop star during photo opportunity back in 2013. Andra swift said we absolutely want today keep it private but we didnt want him to get away with it. He touched swift on the back of her ribs, theres a photo in the middle of all of this that might suggest differently, both sides in this case are using the photo to defend each other or against each other, actually. Face app offers filters that make your face look older or younger but series of ethnicity change filters which have gotten really criticized. It allows users to see if they were a different color, caucasian, black, indian, you can change yourself. Face app removed the filters yesterday and the company ceo is still defending it and says, quote, they dont have any positive or negative con nations associated with them but they did pull them down. Okay, talk about a mess, a tractor trailer carrying digiorno and tombstone pizzas, four hours to get the pizzas out of the road. They spilled after 18wheeler crashed into an overpass. First time, maria, i will tell you that pizza doesnt look good and i have never said that in my life. That didnt look good to me. Story out of seattle, two groups challenging a plan in seattle to tax the rich. Now it was passed by the city council last month and imposes tax of. 25 on highincome could you please that file jointly, impacts about 2 of the citys taxpayers, seattle says they need the money, people are up in arms saying we are being overtaxed and thats your pizza headlines. [laughter] maria cheryl, thank you. All right, we will take a break, when we come back, retailers will they unravel, three industry heavy weight with kohls hitting the wire, stock is up on better than expected quarter at kohls after delivering the big beat. Then tune into facebook, the social media giant takes on traditional television, would it actually lure in viewers . We have taken a closer look at the companys ambitious new video platform getting martins thoughts, back in a minute im living that yacht life, life, life top speed fifty knots life on the caribbean seas its a champagne and models potpourri on my yacht made of cuban mahogany, gany, gany, gany watch this dont get mad bell mnemonic get e trade and get invested maria welcome back, retail in focus this morning, kohls reporting Second Quarter results, stock is up 3 , both earnings and revenue above analysts expectations stock is at 43. 20 right now. Up a dollar 27, later on we will hear from macys and nordstrom. My next guest has key inside the retail sector. Joining us right now Zebra Technology ceo andrews. Thank you. Maria what are you seeing from advantage point . Good market for the last three quarters or so. The big driver for us has been ecommerce filling a lot of growth but we see a lot of the brick and mortartype retailers responding by building their omni channel strategies, investing a lot in our type of technology. Maria they have to compete with amazon . Absolute my. Considered to be more a tactical productivity tool, now being a much more essential part of enabling them to execute on their strategies. What are they seeing in the ability to track realtime, give Customer Data . At the high level what we do for them is help them connect physical world with Digital World and expose a lot more data that they can analyze and do something in realtime. Consumers also enjoy. I know where im buying something and where it comes matters to me. In the retail store that we can tell somebody that somebody has been in the store looking at the bigscreen tv, they can do something with that, they can send salesperson over, they can send a coupon over or something and the person is in the parking lot, perishable data. You have to be realtime. Do you see the brick retailers getting together in any way, shape or form to combat amazon . One of the criticisms of newspapers in relation to the rise of google and facebook is they never managed to bury competitor conflicts, get together, for example, the uk and sales platform, do you think the same thing happening . I dont see retailers doing it consortium but i know they do talk and compare notes about how ago executing omni channel strategies. But the shutters that you saw in retail valuations when whole foods was the amazonwhole foods deal was announced. Yeah. Absolutely. So you dont see anything happening there . For example, in china i was a few weeks ago, walmart got together with jd. Com, they switched their digital sure, from that perspective, yeah. They are actually a shareholder in jd. Com. I have seen more kind of partnerships where a brick and mortar retailer invests or divest parts of their ecommerce activities in order to get a stake in something bigger. Maria its not just retail, your technology is being used used in health care, in manufacturing, tell us how it improves efficiency. What specifically is the growth story there . Yes, so health care has been a great market for us. Its been a growing process for the last several years and it started with advent of Electronic Health care record and you can attach digital database, so what we do, our Value Proposition there is we help improve the quality of care but also the cost of care. If you do bedside care, say, you are scared, scan the wristband over the patient, scan the medication, the nurses id badge to make sure the right patient gets the right dose at the right time, the risk of an error goes down substantially and thats a big part of cost in health care. Maria how big investment have you made in protecting that data . So cybersecurity generally is a big part of as we know. As we know from recent events. Thats right. We have Board Committee and everything that works on this. We spend a lot of time making sure that our devices should be as secure as they can be. Maria all right, we will leave it there. Thank you so much. Zebra technologies, coming up is snap out of it in the Snapchat Parent Company delivering second ever earnings tonight, what investors are expecting. Football 40 hours a week, nfl is hiring fulltime referees for the first time ever, we will tell you about it. Today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. The medicines you takeoutl and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. Caspers truly changed our lives. Im a softer, happier, friendlier version of myself. surps drink casper is like sleeping on a nest woven from a unicorn mane. grunts a mattress of unparalleled value. Best bed ever. Love it, love it, love it. Perfect sleep changes people. yawn kisses baby baby coos transforming your life is as easy as trying casper. Transforming your life is as easy as trying casper. Aaah order their mattress online and test it out for 100 nights. If you dont love it, theyll pick it up and give you your money back. Get great sleep at casper. Com good thursday morning welcome back everybody. Thank you so much for joining us. It is thursday august 10. 7 30 a. M. On the east coast. Major retail names reporting earnings today. The stock is up almost 4 right now. We will bring you all the numbers as a hit the tape. Apron. A loss of 4,047 cents a share. This is the first report since it went public its not a good one. The Dow Jones Industrial average set to open about 50 points. Thirtyfive points lower. They also had a negative. And theyre down better than 1 . Nonetheless in negative territory. In asia over night. Ran across the at the close. They slammed this morning after a band tops and military members from working out. The backlash that it is facing. Fly ball to hairball. And an mlb game in st. Louis last night. Take a look at what happened on the field we will tell you all of the trouble that cat started. You have to redefine getting food at the stadium. Got it all coming up. Can it snap back. The company is expected to post a loss of 14 cents per share. They have announced plans to double the investment this year. You more than 200 million its small in comparison of what we do. Weve seen significant growth. This continual headlines. It is is not just about the revenue. Its about the number of users into time spent. We will see how that develops over time. Snap has a better profile with the younger kids say with 13yearold. Whether it can can establish that preference at an early age maintain it or whether some of the common wisdom is immature from snap chat when you are trying to build a network. We will see what happens. Theres time yet to see what matures. Google and facebook are totally dominant. Despite all of the issues that they have. They took a quick action on them. That. Despite all those issues. The march continues. To become even more dominant in the digital space. Those two are 75 . They could tell about 20 of worldwide advertising from all sources. Of the incremental spend each year. The argument is there almost 100 percent. Its an issue that worries you. The biggest advertiser. And expressed concern about facebook and their spending on it. And whether they are spending in the most effective way. That dominance is very strong. It could be a snap. It could be aol. Amazon in two areas. 55 of product searches in the United States originate from amazon and one way shape or form. And in the second thing is their advertising platform. We think its about to have billion dollars but is growing very rapidly. The competition on search and the facebook competition on the advertising platform is going to be this is a really basic question. Do you mean the available advertising space that they provided right now. They are developing that platform. Just like retailers have advertising platform. It is on the sell side for the big retailers. They have have their advertising platform also. Do you expand your volume the big battleground will be on the data. Amazon Facebook Google they all control data. In the old days with the traditional media. Our clients had more control over the data that they will. The other thing is the voice activated devices. I was in china couple weeks ago. Today or yesterday they had launched genie which is there voice activation. They launched two years ago. These voice activated devices for example if i say to alexa what is the most give me the cheapest battery in the United States. Theyve 30 of the market already. As a private label. 30 of baby wipes. What is the cheapest alexa will tell me. They will control salutes ticket one step further. If you say i want cheerios. I have them cringing on cornflakes. Big issues about who controls us. Can you pay for that and alexa. That is where the battle is from. Another kinetic comes out. I think with amazon they really had their new screen so you will be able to watch stuff too. And connected that connected it to your phone. Automatic reordering as well. You look at facebook taking on tv. It lets them view the original series. We are pulling our original content the content worse. I think shane smith must be grinning from ear to ear. Now people are going to be really competitive for content. We know disney will go over the top in sports. Is it a big blow to netflix. Is 3 according to the figures ive seen. It is certainly not good news. They are looking at this. They are doing and over the top sports channel. World cup for fee fat or olympic rights. The battle is can be extreme. As a great win for consumers. Its interesting. I think the big issue. On the non sport sports site it will be more difficult. What this means is facebook comes into the content in a big way. Google well in a big way amazon on sports you are going to see amazon really strong the sports rights business. I encourage everybody to really dig in to how its delivered over just your television set. The world is already out there even if you dont have a satellite provider. The thing is fox Business Network has done really well. So for a real little while it was there. The owners controversial response is next. Back in a moment. Welcome back and atlantic gym is under fire this morning after banning Police Officers in military members from joining. This is pretty outrageous. It all started with this offensive sign that appeared outside of the club in atlanta. Except no cops. The owner has since taken down his sign. We have a no caps policy since we opened and we also dont open membership to active members of the military. He said we dont want to make police stronger so they can hurt people more efficiently. Its a political statement and that Police Officers are not allowed because their presence made his minority clientele uncomfortable. They said in a statement responding to an emergency there. It would not stop us from lawfully doing our job. Statement whats the point. Cops are not a protected class but the court to could decide if this is an intake discrimination law that theyre breaking. They have the prerogative but theyre dumb to do it. This guy thinks hes solving the problem by excluding people as opposed to furthering a conversation. Middle america looks at this and says this is what some people are out of touch. Lets take a break. Coming up next. A stray kitten steals the show. Back in a minute. Extreme anxiety. Pacing. A constant urge to move. If someone you know is suffering from schizophrenia they may also be struggling with akathisia a common side effect of some schizophrenia medications. Learn more at myakathisia. Com. Welcome back my favorite story of the morning. What happened at a baseball game lesson in st. Louis. Was just say the cardinals sent out a tweet that reads we are feline pretty good. The bases are loaded. The game was delayed by four. Its a key one. Its can you climb the wall. Watch this. Theyre doing it again. Have you ever held a cat who did it didnt want to be held. The groats growth crew extraordinaire. He does the cap man all the way to the stance. I think hes doing the straight cat strut. The cardinals go in for an front eightfive. That was the final score. Im not a cap person but i sure like that one. I would like to suggest the name for the person that adopted that. They cannot look a little bit like they are in the sand lot. High contrast colors. The players get to choose what names are nicknames. All rise for the judge. They are both big leaguers. Alliance of womens wear is coming. Worth 61 and a quarter million dollars. It makes us the highest paid running back with the multiyear contract. One of the most longstanding arguments against the nfl is about to get squashed. No longer will all nfl officials be parttime workers. The league is getting all set to hire up to 24 fulltime officials the season and they will be in each of the seven officiating positions. They have to leave would have to leave the fulltime jobs. A lot more consistent officiating. These to be parttime legislators. Does this mean there to get rid of her replays though. There will be a change in the replays. How about the concession stand lines. Maybe theyll go away. You dont have to get up. He youll had to miss another bit of the game. The disorder directly on their app. In the food comes to whether sitting. The giants in the jets might be among the first grub hub talking with all different folks in the sports industry. I want to be a potted plant watching the game. You could order a meal. The chinese economy is amazing. An ecommerce point of view. It is far more sophisticated. Live the technology. When you look at a technology the technology here and whats going on with the sector versus actual growth stories of an issue with that. The growth in the s p 500 is muted tech is where the growth is. If you look at package good companies. Theyre all doing one two or three growth. If you start to lose consumers this is why investment in the brand is so important in innovation and brand. I think thats with a focus on the short term. All of the technological disruptions. Is making people nervous. There is a lot of pain around a lot has changed. Do you want to stick with those stocks. Even chinese tech. Thank you very much. I was wondering if an electric toothbrush really cleans. Better than a manual, and my hygienist says it does. But. Theyre not all the same. Turns out, theyre really. Different. Who knew . I had no idea. So, she said look for. One thats shaped like a dental tool with a round. Brush head. Go pro with oralb. Oralbs rounded brush head surrounds each tooth to. Gently remove more plaque and. Oralb crossaction is clinically proven to. Remove more plaque than sonicare diamondclean. My mouth feels so clean. Ill only use an oralb the 1 brand used by dentists worldwide. Oralb. Brush like a pro. Maria thanks for being here i am maria bartiromo, thursday, august 10 your top stories right now 8 00 a. M. On the east coast, north korea reveals plan to back to United States territory of guam, u. S. Holding firm with tough talk to the hermit kingdom. We see that Pressure Campaign a long Term Campaign that campaign is working, the president is sending a strong message, to north korea, in the kind of language that north korea understands. The secretary talked in the past about how president is very effective spokesman, people listen the president s words sending a message allowed and clear to north korea. News investors on edge, futures indicating a lower opening for the broader averages again dow industrials down quarter of a percent nasdaq down twothirds indianapolis, indiana. In europe under pressure take a look what is going on macys hitting tape beating expectations on earnings ft 100 down better than 1 cac croak down a quarter of a percent dax down 3 4 of a percent. Across the board worst perform hong kong down better than 1 as you could see see macys beat on revenue breaking news right now we have macys better than expected, on the tape, the retailer he story better than expecting, going into this quarter this breaking news right now a double deck of buses crashed in london into a storefront vehicle slamming into storefront rush hour leaving two women strangleded on top decree. Kolz macys blue aip revenue ahead of the openly of trading macys reported saws numbers on screen beating expenses on earnings revenue up 2 blue aip proton up 1 lost money but was lower than the loss people were expecting kohls better than expected, up better than 1 growing divide in Republican Party President Trump targets Senate Majority leader leader Mitch Mcconnell over health care and comments reaction from lawmaker coming up imagine closing on new heem from the come for the of your couch somebody did it a look at new era of buying your home, all those this morning joining me to talk about it fox Business Network dagen mcdowell,s news contributor iraq Afghanistan War veteran Peter Hegseth here. Ryan joins us good to see you, a lot going on to get to story of the moment north korea. Absolutely. See what it does. It is minute by minute, it is action by action, provocation by statement and threats made about something happening we will see. But President Trump National Security team, really showing might and chops, which is so critical. Any difference from previous administrations republicans democrats have to acknowledge the establishment on both sides Foreign Policy has not worked it is brought to us this brink new approach required i think what we are seeing. This is the worry of the moment, wrangled does jaebd and the tax reform. Country fine linesing plans have to launch four mills into the waters off u. S. Pacific territory of guam. They say going to do this the middle of august blake burman in washington, d. C. , with details blake, such specifics coming from state media out of north korea. Reporter that is exactly right maria this is coming from the state media there in north korea, earlier today, from the state run media, and here is the details that they laid out they said there would be four Ballistic Missiles fired over japan landing off coast of guam 19 to 25 miles they say finalizeing the plan according to that state reason i media say it could be handed over to the leader, kim jongun, within next week or so. Guam, of course, is a u. S. Territory, it hosts u. S. Military personnel, its mayor not yet hitting the panic button. There is concern, and worry but there is no panic, bellicose statement no different than what he a has been doing 2013 at the same time we are concerned that does not ramp up. Reporter now the Trump Administration wednesday did not back off at all, from the president fire and fury comments from earlier this week the statement, that the defense secretary jim mattis put out i quote the north korea should crease any consideration of actions that would lead to end of its regime destruction of its people one of the president s top Foreign Policy advisories also had this warning right here. The message is very clear, dont test this white house. Maria defense Japan Defense ministers said if missiles were to be fired would fly over japan that would be tantamount the to National Emergency for that country the defense ministers contends that japan would be able to shoot down those missiles. In fact japan is saying we reserve the legal right to shoot down any missile that comes headed toward guam. Blake burman latest there joining us to weigh in republican congressman sean duffy wisconsin, congressman a pleasure to see you thanks for joining us what do you that i can of escalating war of words . Well look back maria that came from the last administration has not worked to keep north korea in a box. They have continued to advance their armaments have nuke weapons working on intercontinental Ballistic Missiles a threat to United States of america i think for donald trump appropriate to be crystalclear with north korea what is going to happen, if they continue to escalate which is they are going to meet fire and fury that is a true statement i am happy the president putting it out there to make sure everyone understands what we are going to do if they continue with bad acts. Does president need authority from congress, to do anything, to take this up a notch . In terms of military not at all. Maria okay. I dont think so, the president talking as the chief executive what United States will do if this continues to ramp up with north korea but you have to take a step back i know left freaking out about comments the left approach just kind of wringing hands wetting their bed ras not don anything this is time to meet a bully on playground with crystalclear facts if you mess with us you are going to get punched really, really hard you are probably get wiped out. Lets not diplomacy into this what into north korea just like we are in congressman it is not even leftist it is i Establishment Republicans that have decried the president positionings records after so much frankly appeasement that led us to this but in your district this is a big question, i think, as pertains to conflict requires support of American People folks in wisconsin minnesota, understand what why this is so important, and would they back a strong action knowing that there are no great military options there there are going to be consequences when we like it or not a nuclear tipped north korea that can affect the us is not sustainable would people back it . Well, right now tell you he peoples hair not on fire back in wisconsin or my district they do understand peace through strength, that if you want if you want us if you want to take us further away from Armed Conflict you have to show american resolve strength they get that saw with Ronald Reagan seeing it with trump, so no. They havent left the president they will support strong action but i think pete you and i on same page i hope, besides north korea militarily the last option every opportunity out there to resolve this peacefully, i think what is happening now is that china seeing how serious this is, how this is escalating, and they better get off the sidelines get into the he engagement between United States north korea say we have to help calm waters otherwise this could go bad to the not just for north korea but china. Editorial wage the wall street journal points out language out of Trump Administration not just directed at kim regime it is directed at china, so some comments are not going to change the behavior of china china could cut off the flow of oil into north korea, there is a lot they could do but expect to see more and more sanctions are on Chinese Companies Financial Institutions secondary sanctions on any bus doing business with north korea they have only begun to kind of pull down in the Trump Administration. Yeah. Kim jongun are in a tifz in narratives about his power what is ineffective to say this is too great a threat i have to drop all this stuff i have been saying entire life my fathers life trying to i dont think he cares what the people say. Not going to be sanctioned, we can i dont believe the economically sanction our way to demilitarization in north korea doesnt mean pro conflict but history has never shown a dictator tied to this is survival is wide to to make sure toing weapons gives them up. He died in a ditch. So these dictators realize i have got a choice. We turn to go ahead. Maria you want to give him a pass from arm menths regagement with refute of the world increase pain not only militarily but china sanctions if you cut off flow of trade between north korea and champion, that is extreme pressure would bring them back to the table rethis can course of action. Is this one more issue in front of the congress, that is getting in the way of the president s agenda . I want to talk about the president s agenda in congress, because the president is pushing back this morning, again, his own disparate Senate Leader Mitch Mcconnell as you know suggested in the week the president s lack of political experience is the reason that he expects that has too High Expectations that that they are saying we may not be able to deliver, listen to this got to get your reaction. Part of the reason i think that storiline is that we have not done much is because in part, the president and others have set these early term lines things need to be done by certain point a new president private first class has not been in this line of work before. And i think had accepted expectations about how quickly things happen. I mean is he kidding me . President trump tweeted out this morning, can you believe Mitch Mcconnell screamed repeal and replace seven years couldnt get it done must repeal and replace obamacare, congressman could this potentially put the rest of the president s agenda in general how does Mitch Mcconnell say that when you guys have been talking about repealing repealing and replacing. Seven years. Time line it into congress not by President Trump President Trump was elected as talking about repeal and replace talking about tax reform talking about the time line in which we could get that done you are right the president doesnt have much legislative experience none coming into white house looked to congress for guidance what you can get done and by when so this isnt the president s fault, this sits squarely wonder senate inability to pass a Health Care Bill frankly many other bills have that were brought to them through house, so i think the president is right here. And he should push back. You know. But just at the end of the day, congressman is it just they really dont care if he succeeds or not . They just not on President Trumps agenda dont really care here in the job for six years they dont have an election like you guys have in the house next year, they are going to take this they want to outlive the president. Listen, this is not the president s agenda this is the american agenda this is the republican agenda this is congresss agenda this is Mitch Mcconnells agenda. Maria you say that but but this isnt thwarting the president this is us saying to American People senators across the spectrum that are republicans, and house members said i promise you, you give us the house the senate white house, we are going to repeal obamacare we are going to get tax reform done they need to offer and over again. I know. Maria not i am not a senator. How come john mccain i have been in congress for you know, 6, 7 years, i cant figure out the senate i dont know why they cant get their act together they have much more narrow or margins than we i get going home getting lit up every senator cross spectrum lit up not just democrats but by republicans, six or eight at work. They they are not at home. Six or eight of them who voted no on straight repeal, they were afraid of democrats they should be afraid of republicans you have sign a lot of gigs getting primary challenges because the base is so angry rightly so thanks so much, we will be right back. So you miss the big city . I dont miss much. Definitely not the traffic. Excuse me, doctor. The genomic data came in. Thank you. You can do that kind of analysis . Yeah, watson. I can quickly analyze millions of clinical and scientific reports to help you tailor Treatment Options for the patients genomic profile. You can do that . Even way out here . Yes. Even way out here. Crash in london cheryl that is right, a doubledecker bus, slammed into a shop in by these lobbed street two female passenger trapped were rescued police say 10 treated at scene three to the hospital there are reports the driver of the bus blacked out. Before the crash happened. Well, one of the most famous vehicles ever goes on sale monday on history channels pawn stars. This isnt just any suv it is the suv. The o. J. Bronco. Are you kidding me . Not kidding white wrong coup for grabz o. J. Simpson agent is going to appear on the show as well, o. J. s friend al cowling drove with o. J. In the bronco in 1949 asking price for the bronco 500,000 dollars. All right, you know how much i lover doughnuts. Maria umhmm. Krispy kreme celebrating Solar Eclipse a new chocolate glazed doughnut on august 21 when continental u. S. The experience of eclipse christie cream the original glazed doughnut cover in chocolate story over. [laughter], this talking about this this morning, target Communications Tracking a possibled bid byer in early stages to acquire the companys second largest Cable Company, verizon to be in the hunt as well, no comment, Charter Communications but the stock up nearly 40 . Headlines. Maria thanks so much bank of japan investing in u. S. European assets. Now starting to get off the ground, 100 billion dollars fund that softbank has been putting together with the Saudi Arabian government big investor. Away from oil, of course you may recall, in trump tower this year you had a meeting with President Trump saying going to put 50 billion dollars of that money into United States there havent been Major Investments but looking at Companies Like we work said he wants money in either lyft or uber that is something to watch as well. Maria are a lot of money, sidelines looking for places to go. I was distracted by chocolate doughnut watermelon. A break when we come back retail in focus on wall street macy shares are down now they started off up. After delivering a double beat but now the stock is turned lower down 3 1 2 what it means fiercest industry and macys clothes without stepping into an office, mortgages are taking a step go digital, stay with us. Stay with me, mr. Parker. When a critical patient is far from the hospital, the hospital must come to the patient. Stay with me, mr. Parker. The at t network is helping First Responders connect with medical teams in near real time. Stay with me, mr. Parker. Saving time when it matters most. Stay with me, mrs. Parker. Thats the power of and. When youre clocking out. Sensing your every move and automatically adjusting to help you stay effortlessly comfortable. There. I can also help with this. Does your bed do that . Oh. I dont actually talk. Though im smart enough to. Im the new sleep number 360 smart bed. 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The lowest prices. Belligerence belligerent belligerence. Maria welcome back baby boomers dominating Housing Market people 55 years of age, and older own 53 of homes in the country recording to tulia biggest since the government started collecting data beginning of the 20th century joining us owner of roger healy associates, roger good to see you thanks for joining us. Good morning, everyone. Thanks for having me. Baby boomers own majority of homes 18 to 34 only 11 of the homes in u. S. Will millennials be forced to rent much longer than boomer generation what do you make that baby boomers are dominating the Housing Market. It makes sense, they are being smart, baby boomers holding on the prices continue to increase if they sell where are they going . On the other side they have got people in that 18 to 34 range like you said that are renting rental prize increase, so i think we are going to see new trends develop, there is you know situations where they are renting out rooms in houses im sorry to Gen Xers Millennials i think will shift few years. How long. Shift next few years how long do you expect boomers to hold on a lot of runway do we see a trend staying in homes not want to go do nursing home or planned Community Thing where do you see this going . Yeah i mean i think the gap is pretty wide if you think about somebody goes through quote unquestions nursing Home Assisted Living not 65yearold somebody in late 70s early 80s may be 90s like my grandma against prices stabilize in certain parts of the country means an entry point for millennials to get in, i think next couple years we will see pretty significant change because, baby boomers are issue not going to want to live in urban parts of the cities Millennials Gen examineers trying to get into. If you work with millennials when ones in the market why when ones are staying out what are the reasons Student Loans a factor salaries things like that. It boils down to money market the ones in the market smart with money since out of college now people have Student Loans, law school loans on the to pay it off there is a correlation between those being smart, with money as well, so it if people had been smart with cash, you know back when i was in early 20s term thrown around 30,000 dollar millionaire spent money on cars apartments, clothes jewelry, those guys really werent buying First Property till early 30s had lightbulb moment it is People Fairly tej saved for down payment. Dagen talking about it in break are baby boomers moving into urban areas where you can buy a small condo in urban area, in a smaller Southern City lower cost of living incredible access to health care and city like nashville, that could be one trend where we think that baby boomers want to retire move to like planned communities in florida not so much if you want to stay near grandkids, your Great Grandkids there you go, you stay you are inn area, reduce your cost of living, and get access to great hospitals. Yeah, a city like nashville doesnt get mention that often as far as to be markets it is for a reason affordable relatively central like if you live in one of the uran cores in nashville 10 minutes away from you know, the suburban pockets, dallas the same, people for the bach and for you know ocean, but moving away from place like nashville dallas chicago, families baby boomer generation trumps mountains beach you know, outdoors. How about the digital story mortgage closing a big step into digital age chicago couple closing on home loan from laptop, the wall street journal, fully remote paperless transactions the next trend in closing . Yeah, if you perfectly honest this is not in my opinion a new trend, i think that for the past 15, 16 years so long as i have done this you have seen people get mortgages on line, i think the thing that is not mentioned that is educated sellers sellers market especially higher price point sees prequalification letter from online Mortgage Company usually a red flag, i think that is going to continue to help stabilize and, you know, bring life in companies mom and pop more intimate that will take a shift as market stabilizes as well. Good to see you thanks so much we will see you soon watching developments coming up heightened tensions with north korea inside look inside the hermit kingdom i will sit down with a fine arts photographer just back from ten days in north korea pictures you have not seen anywhere else, then students heading back to school, technology in the back, infusing social media into backpack, a look at a School Picture of dagen mcdowell, going back to school, back in the day. Aww. Dagen oh, my god. Thanks for joining us. Im maria bartiromo, it is thursday, august 10 your top stories right now 8 30 a. M. On the east coast. Tensions rising with north korea the hermit kingdom says it has set its sites on. S territory of guam. Despite major concerns, the mayor of guam is doing his best to ease . For our administration after the people of guam there is concern, and worry but there itself no panic as far as i am concerned as american citizen, i want a president that says that if any nation such as north korea attacks guam attacks honolulu, attacks the west coast. That they will be met with hell and fury. Latest south korea and japan are promising a strong response should north korea carry through on this threat to hit the middle of august, what the state media has said, Global Concerns have investors on edge to look at Global Markets u. S. Markets expected to be down 50 points on dow industrials, 35 points lower on nasdaq, in europe, markets are lower across the board, take a look at european indices ft 100 down better than 1 cac quarante down a third of a per kroent dax index down almost 1 , in asia overnight, right across the board, the worst o performer hong kong hang seng down better than 1 earnings on focus back on wall street, major retail names macys reporting earnings today, now both earnings and revenue top expectations at mays yooss yet stock is down, 1 that is off the lows also reporting blue apron lost money as expected but the company reporting a loss of 47 cents a share, a lot wider than the 30 cent loss expected. Revenue however was above expectations this is blue aprons first report since it went public in june has not been a good performance since going public so all the way down to 6 dollars and change right now. Consumer reports a blow to microsoft no longer recommending the surface bases to make sure kids go to school in stool a look another hightech backpacks youve got to see first top story this half an hour right now, growing tensions in north korea, one world renowned photographer able to capture life behind scenes in a tenday trip joining us right now david yarrow a friend of the program has been with us before great to see you now good to be here. Back in one piece from north korea, wow. You focused on taking pictures of endangered wildlife why did you decide north korea. One of the keys is relevance, cultivations is very really cabinet topic the concern i dont know whether pictures of giraffes, elephants hit top bar in relevance i wanted to go to north korea i knew i could get access i thought you measured risk i knew would be safe i think quite a lot of hyperbole in terms of dangers i dont know whether different been brit an american i was invited by government, and i didnt feel under think threat during the 10 days that i was there. When you first told me i am going to north korea this is just around the time that outo warmbier was captured and in jail and then we know that he was in a comma. Did that story affect you knew that story before you went it did not affect the you because you were invited. Absolutely, i cant comment on that particular situation. I think whenever comgo into foreign did you know he manners respect invest in that country you have to behave i knew to get access to certain sights you will see, i had to as precursor to that behave earn trust. Lets talk about some photos that you took, some photos we are going to show you have never been seen before, this photo shows north koreans dancing in public after Missile Launch describe what that has like to witnesses looking at north koreans danceing. Culture of north korea is very difficult to articulate i think the closest you can get kind of religious cult whether comments from your president two days ago or appropriate not for me to judge. But what they certainly sought to do unify a current no doubt plarment of the Supreme Court leader has never been higher in that country what is happened last two days is to endorse that, this is an event in hitch amhong in north korea. Have 5 00 in the afternoon 3,000 kids, dancing, in the streets, to music played out through loudspeakers a light hint of dof are i sa nuremberg whether they do it because they want to or told to or lines blurred is beyond the time that i spent in north korea that was what i was going to say you say popularity the Supreme Leader popularity as high as ever do we know that like russia saying Vladimir Putin is high because kremlin called you on phone hey this is kremlin do you like Vladimir Putin what are you going to say. It is 64 though question if a guest i have to be careful i dont come out as puppet i was determined to travel as far away from pyongyang as possible in rural, there is a lot of north korea very sparsely populated further you go away more likely you are going to see things that were, spontaneous. Different photo of working life in north korea tell me about this. Kind of bladerunner feel resonate one of the biggest steel factories in north korea. Industrial. A time warp imagine that tan in postwar industrial britain the thing probably surprised me on negative side, the most about north korea, is that their economy is a basket case, with amount of money towards Nuclear Program purely there is suffering the economy is one of them vast majority apple population dont have access to fresh water vast majority doesnt have electricity. Reliant on china. Yes, i think, there is there is a happiness there, there is a peaceful a culture music alcohol heavy drinkers drinkers i was surprised to see beers in pyongyang billed had lights off stunning, tell me about that. This the picture we got up here now that with a in a beach resort, in on northeast of northeast coast, and life going on as you would imagine in most beach resorts happy family life alcohol you can see there, how welcoming they were to me. Totally different than what we hear about north korea, by the way. You dont want there are certain things takeaway you dont want to today table tennis will thrash most at table tennis one of the big tournaments in norway good sports culture there, but you can see the tension points, my whole idea was that there was arbitrage between what they thought normal and what i thought was fairly abnormal. That hints to manufactured society, the other thing that maybe people are have very little commentary the last 24 hours, there are a lot of russians in north korea obviously historical there but i went to one or two sports camps, and you have 2000 top north korean kids different sports, and the russian family come over for holidays staying very nice facilities, so the big gap in terms of visitors to north korea, russians and next national i wondered when putin was thinking about comments yesterday from the president. Fascinating there is a feeling that people on the ground still think they issue at war, what did you feel in terms of of the sentiment owion the ground from people. I left sunday things escalated a bit since sunday that square very busy yesterday or day before yesterday. I think they have been playing chess as long as you have been presenting on television, they are used to it they know every chess move, there is a a word not not individualistic, they just like apps do what everyone else is doing, the drinking and beer having less fun on beach, the propaganda will be heavy. As we saw yesterday in the square. I just think this is deja vu here, i who knows i cant sense that this is going do escalate much further, and japan, you are talking about japan earlier on, very important chinese sports very important Russian Sports important, i would imagine when i go back there i hope i will in winter when you can where i think cold you will see even starker how tough economy is, Great Potential for imagery there, i think will be for the same situation as we are now. You want to go back. I want to go back i think nothing it is topical very relevant i think i have responsibilities as photographer to inform people and i think some imagery last week will surprise people in terms of maybe not being the kind of as people think. Thanks very much for bringing them to us first we appreciate it, fine arts photographer just back from north korea we tail a break when we come back blue apron shares this morning on move down as you see there after cooking up first earnings report, since going public we break down numbers has market rally started up, thursday back to school a picture of the young man with class going to class, back in a moment. You too, unnecessary er visits. And hey, unmanaged depression, dont get too comfortable. Were talking to you, cost inefficiencies and data without insights. And fragmented care stop getting in the way of patient recovery and pay attention. Every single one of you is on our list. For those who wont rest until the world is healthier, neither will we. Optum. How well gets done. Maria well back shares of macys, back in force this morning Department Store reported small than expected decline in sales Nicole Petallides on floor stock up now down. It has gone backandforth like blue apron when we are going to see macys up , seeing between macys and kohls samestore sales declines, have slowed, and that ultimately is good news they did beat on revenue and earnings, with smaller than is expected decline also on Sales Outlook reaffirmed numbers also a decline in sales but not as bad as what everybody had expected. And i will say they saw strength in womens shoes and jewelry, we note traffic picking up might be an indication of how the consumer is doing, macys bloom dailz macys, blue aip proton jumped 9 this is 10 dollar ipo as low as 5. 51 yesterday revenue bercustomer moving higher in latest quarter yearoveryear not making it, it is less the number of customers dropped 9 amazon microsoft, do you have a service 09,000 consumers surveyed by s Consumer Reports 25 have a problem in second year they took off designation of recommending no longer recommending the service from microsoft. Thank you so much Nicole Petallides, the war of words between warrant and north korea putting marnths on edge futures indicating lower opening for broader averages this morning as you see there down 50 points on dow joining us to weigh in host of Varney Company stuart varney, stu good morning to you. Okay we just throw at me like that weighing in, here i go. I am a little on edge i think the markets are on edge, i think what is going on within the Republican Party and this fight between Mitch Mcconnell and the president , i dont think that does much for tax cuts tax reform Going Forward i think the market is edgy about that youve got standoff with north korea, with basically saying hey, dont do anything more and if you do we will knock you out of the ballpark a standoff a knife emg i think the markets are edgy at this poiifrj a pause since november last year where we are anything could tip us to the downside, could it happen very easily. Not a lot of room for error, i know you have more see you 10 minutes. Top of the hour after mornings with maria next students headed back to school is it that time already . Packing in along side textbooks in the back thursday celebrating back to School Schools back im living that yacht life, life, life top speed fifty knots life on the caribbean seas its a champagne and models potpourri on my yacht made of cuban mahogany, gany, gany, gany watch this dont get mad bell mnemonic get e trade and get invested who knew that phones would starentertaining us,ng . Getting us back on track and finding us dates. Phones really have changed. So why hasnt the way we pay for them . Introducing Xfinity Mobile. You only pay for data and can easily switch between pay per gig and unlimited. No one else lets you do that. See how much you can save when you choose by the gig or unlimited. Call or go to xfinitymobile. Com. Xfinity mobile. Its a new kind of network, designed to save you money. Maria well back, imagine backpacks like social media sights jam sport designing packs that allow unifies tors program personal data in the fabric thousands hightech bags tested at College Campuses this fall bring in the director of design and innovation eric. Good to see you thanks so much for joining us. Thanks for having me. We have a couple backpacks so new that they have not been named yet tell us about the product. Right now in a testing phase, so we tested 300 bags, we put them out to scientific members where launched in september, we are going to have 5,000 bags, that will be given away to mit and for further testing, research. Lets see what you are testing what is this bag do. Really about this bag, working with a. Backpack. Looks like normal backpack that is the point working with stands for advanced functional fabrics of America First digital fabric backpack links social media with with see with social media with. Camera. There you go. What are you doing. What happens i have promised information about myself petitions things like that music that i like, all kinds of things, that people can find out about me. Pointing at backpack. So son one can point at your backpack find out about. You exactly you can choose what you want to share with public. And what you can do is now you can take a social media device and connect to an actual physical only. Like a profile page you get into the app you have you can scan it backpack you can see you are you are my friend joe likes you know, this type of music, or whatever. Exactly. Like a sticker a patch on backpack. Exactly so this is a way that we can connect, into a physical space. So big campus some guy likes a girl doesnt know name scan backpack. If that is what she wants to put out there facebook the College Digital college. What else would you want out there to share via backpack. How about back off . [laughter] get away from me. A personal message, following too close. That is what you wanting to to be interesting testing dont know how consumers are going to react what people are going to do it great to see testing at colleges how consumers that usually use our product what they are going to do next we take a lot of learning from that Going Forward. What possibility is it that you could you partner with Facebook Snapchat not that you can put your screen up have to become friends with somebody i mean i dont know consumer is going to download another app for backpack may be the snapchat. In future it could have direct communication between you can see program it we could run separate Different Social Media type sites right now just a test. Beyond that nothing else in here that is sort of tech he innovative. A special fabric proprietary the idea is doesnt have wires switches doesnt have batteries the idea we let the backpack be the backpack. What should you name it . Face pac . Ipac . There you go. Digital about the backpack it is simply the way at a the pattern fabric. Woven into fabric no batteries, really low so there is Digital Technology in there . The military dabbles in stuff like to . Possibility in the future. Cool stuff, good reaction so far you are waiting for testing. We had fact of reaction that we released before we cant wait for 5,000 packs out, next month. Us too we will be watching great to have you on the show. Thank you so much eric, from jicht ansports, final thoughts from this allstar panel back in a minute. Last years day of school. Kind of a tough one in the quarter one the first time they recorded earnings, lets see if they can do better this time around. I think should double down and republicans that need to deliver. He should remind them of that. He wins when he does. Dagen carrots and sticks, you need both in terms of dealing with north korea and so far it seems like the Trump Administration is doing that. Maria all right, we will leave it there. Dagen mcdowell, pete hegseth. Stuart i will take it, maria. Thank you very much, indeed. The president lays down the law to Republican Party. Trump to mcdonald, dont criticize me, get health care. Good morning, everyone. It was tense. A tenminute private phone call from the president to Senate Republican leader mcconnell, the issue mcconnells criticism of the president s excessive expectation statement on health care reform. Fox news ed henry report it is president ripped into him. The infighting has been layed there. The president versus Senate Republican who is are fighting amongst themselves and still on their august recess. That is a republican mess