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Transcripts For FBC FBN AM 20170622
Today by another time. 42. 44 a barrel. Train to
Tropical Storm
cindy turney deadly. We will have a live report from louisiana during the hour. Drain three who will be the next ceo of over . Charlie gasparino to replace travis kalanick. Train to the new york yankees sending their losing streak. In basketball, big news for the nba draft. We will tell you what teams are making deals. Lauren 5 01 a. M. In new york. Good morning. Im lauren simonetti. Cheryl im cheryl casone. You are watching fbn am, your first look at morning markets and breaking news. And whether in politics. Lauren
Senate Republicans
will unveil their version of the new
Health Care Bill
this morning. The measure to rollback the obamacare expansion of medicaid and penalties on people not buying
Insurance Coverage
and eliminate taxes to help pay for obamacare. Cheryl in cedar rapids, iowa,
President Trump
seemed optimistic about senate bill. We have a very slim 5248. That means that basically cant lose anybody. I think it may help, cant guarantee anything, but i hope we will surprise you with a good plan. Ive been talking about it playing with heart. At the money to it. But obamacare instead. Train to democrats strongly criticizing republicans planting the bill has been discussed in secret with no input from the minority. A vote could come as soon as next week before the july for congressional recess. Drink your
President Trump
calling for limits on welfare for immigrants in the country should preserve the safety net for struggling americans who truly need help. At boot time has come for new immigration rules with those into our country must be able to support themselves financially and should not use welfare for a period of at least five years. Train for u. S. Immigration law bars the most foreigners have been eligible to democrats like
Social Security
and food stamps for the first five years. Proposals to make more categories on benefits offlimits to immigrants. Train to be continue to track a major
Tropical Storm
cindy making way earlier this morning with deadly consequences. A 10yearold boy vacationing with family in alabama killed yesterday after being struck by debris washed on shore. The storm is moving inland. Facilities along the border in the biggest concern right now is flooding in some areas with 50 inches of rain in galveston texas. Emergency officials ready. We are used out in the water, but the roadway. Train to stay with us. Janice dean will be joining us with the latest on
Tropical Storm
cindy and what we can expect today. Lauren fbi investigating an attack on a
Police Officer
yesterday at an airport in flint, michigan. Just another was stabbed up
Bishop International
airport yesterday morning for a 49yearold canadian citizen who had a 12inch knife. He was carrying baggage. He went into our restaurant, spent a little time in the restroom, dropped both facts, came out and pulled out a knife can be gelled allahu akbar and staff lieutenant lavelle of the neck. Lauren repeatedly. They made a reference to people being killed in syria, iraq and afghanistan. Charge of committing violence at an airport in his a bond hearing next week. Officer neville is listed in satisfactory condition and we wish him well. Train to more changes at google are following the resignation of ceo travis kalanick. Lauren tracee carrascas joining us. It seems like we it seems a quaint new headlines every day. Reporter venturecapital still one of the earliest investors is stepping down from the right ailing companys race. His departure comes one day after the resignation of ceo travis kalanick. One of the five investors that five investors that lead to results and him to step down. On tuesday, gurley said therell be some travis k. With several entrepreneurs at the
Lasting Impact
on the world. A alerts taken over since first leading sander levin lien dollars fine in being in birth in 2011. Gurley is being replaced by matt kohler. He could be helpful in the topic for kalanicks replacement. Sheryl sandberg, the current ceo of facebook. Shes reportedly taking her name out of the running with direct your theory on the huffington. Others include ford ceo
Alan Mullally
. Susan majewski courtesy of youtube ursa minor. Former ceo of yahoo . Fox businesses
Charlie Gasparino
spoke with one of the chief
Capital Investors
who see big prospects for the future of the ridesharing company. The line is out the door of worldclass candidates. Talking someone who could make 1 billion when an ipo with the valuation of 70 billion, there has been recent speculation as to whether cooper will follow snap sleep in public trading. Lauren thats a good point pakistan to make so much money when they get the ipo of ground that they need to fix their culture. They are losing market share. They are. Lyft has managed to stay out of the drama and lift market share risen to 24. 7 up from 21. 2 . Closing in terms of download. It is at a record alltime low. Train to about the names you listed on there,
Marissa Mayer
available but marissa mullally was credited with the success of ford and the suffering since. Some very interesting names on the list. Reporter and the company. Train to very good story. Thank you very much. Another headline, u. S. A. Is set to go public today. But will be the biggest u. S. Telecom ipo in 17 years. 63. 9 million shares at 30 each raising 1. 9 billion at more than 20 billion. The stock will trade on the
Near Stock Exchange
under the symbol u. S. They further merger of cablevision and suddenly communications. The ipo is coming at a time when u. S. Telecom stocks have slumped this year can we have a theme a lot of ipos. Lets take a closer look at it with adam johnson, founder and author. Great to be with you too. I wouldnt touch this thing with a 10foot pole. This is like the tmobile up to cable business. This is a tough market. Im not sure why anyone would get into this market but its really more about rugby and access. Another theory is that the attraction is for this company is a scrappy european upstart, decided to come to the u. S. And be the fourthlargest in the country. Its losing money, guys. The reason most investors buy telecom is because it dividends. That appeals to me. This
Company Loses
money. Sorry, i wouldnt touch this one. Train to is you are talking come over showing the year today shared country and start. It doesnt look so great. Besides the ipo, business sector have a lot to do to turn itself around . Again, this is a very difficult business. We all watch tv. We all need
Internet Service
at home. Its not as though this is a dying business. The point is its not a growth business. Theres a finite number of households in this country. Its tough for no one else to go out there and buy houses in an economy that going a lot slower than we are accustomed to in our country. This is a difficult business. Tim telecom in general. I can understand its the biggest since 2000. But that is also telling. They raise 1. 9 billion that is the biggest is 2000. That tells you everything you need to know. Cheryl plus all the consolidation. Thats why theyre trying to hang on. Lauren at him, we appreciate your candor this morning. Is your cup of coffee. Lauren outtake another. See you soon. Trained to ask a path of
Global Market
action overnight. Following our. Following a late comer to the today show right now. The nikkei, hang seng, shanghai to the downside. Kospi and
Career Coaching
out again. Lauren low oil prices pressuring the sector. The ftse in london and 43. The dax down 37. And like to point out that e. U. Leaders are meeting to brussels talking about the british plan to leave the european union. Cheryl here in this market we are looking as you can see the dow, s p and nasdaq pointing to a lower open on this thursday but not by much. Its all about commodities. Lauren oil is down the fort in a row. 42point safety continues to drop 5 so far this week. Up 7 . 12 by 52 amounts. Cheryl are we going to see oil in the 30s . The analyst said very possible. Coming up, a lot more to come in washington. Gop
Senate Leaders
get set to reveal their plan. President trump optimistic about democratic support. If we went and got the single greatest
Health Care Plan
in the history of the world, we would not get one democrat vote because their obstructionists. Train to a lot more when we come back. Stay with us. Whoa thats amazing. Hey, im the internet i know a bunch of people who would love that. The internet loves what youre doing. So build a better website in under an hour with. Gocentral from godaddy. Type in your idea. Select from designs tailored just for you and publish your site with just a few clickseven from your. Mobile phone. The internet is waiting start for free today at godaddy. Thithis is the new new york. E . Think again. We are building new airports all across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new
University Partnerships
to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov lauren good morning. I picked in the new york. Iraqs military says the
Islamic State
destroyed a mosque and its iconic beauty than mozilla. Three years ago the isis later abu book are all about the use the mouse to declare a caliphate. Reuters reported that private equity firms in effect to acquire staples. The 6 billion would come a year after a merger between staples and office depot on antitrust grounds. Nike no longer running away from amazon. The two are negotiating a deal to sell 90 goods directly on amazons website. The deal would give access to amazons huge retail channel and also reduce the sale of counterfeit goods. Stock prices this morning with the losses. The dow down in two days in a row. The dow up 26, nasdaq up five. Thats a check in with happening now. Train to the
Health Sector
is
Insurance Companies
watch today because now youve got
Senate Republicans
set to unveil their
Health Care Plan
. The nations secondlargest
Health Insurer
officially pulled out of obamacare in the u. S. Overall. Lets bring in chris didnt a contributor to the hill and author of government gone wild. Good morning, guys. Cheryl but we know so far in the bill unveiled later today, would he think about the chances of this . Its hard to say. But republicans have been meeting for weeks to get this done and repeal and replace obamacare. The bill to reshape subsidies to lowincome americans. They will be tied as considered a major upgrade from the hospital. The senate bill also expected to get rid of house favors that allow states to let insurers create preexisting conditions. The bill will let take optout of certain regulations and deny funding for planned parenthood. This could go up for a vote as early as next week. Lauren at showtime. Years and years to repeal obamacare. Criticism from democrats and some
Senate Republicans
is that those crashes. Two major criticisms. Republicans have complained its really rushed. Also tension about phasing out the
Medicaid Expansion
with the sevenyear phaseout while the
Senate Republicans
have proposed a three euro. I dont think we can expect support from democrats on this. Democrats have made it clear their whole agenda is to obstruct any legislative agenda of the republican seven republican senators. Cheryl is going to ask you next if you look at
Susan Collins
of maine, there ares a moderate republican that may be an issue. Are you hearing anything about where these folks may be right now . Its really, really tough. Depends what happens over the next week. Republicans agree something needs to be done. Obamacare is not working. Premiums have doubled since 2013. Deductibles are so high. Christine, like the cover. Thank you so much for your voice on this. Deadly
Tropical Storm
cindy sending the gulf coast. Two to three inches can cause you to move your car and then expect that direction. Its important to not drive through standing water. Senior meteorologist janice dean. The new york yankees landing their losing streak. Big move for the nba draft. Well tell you you what teams are making big deals here on fbn am. Here comes the fun with seadoo starting at just 5,299 and up to 500 rebate visit seadoo. Com today so we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers
Consistent Network Performance
and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Take a good look at yourself. Oh, yeah. Check that smooth backside. No, really check it. If youre a man over 50, youre in the group most likely to develop skin cancer, including melanoma. When detected early, skin cancer is highly treatable. Check yourself out. And find someone else to help. A message from the
American Academy
of dermatology. Lauren
Tropical Storm
cindy making landfall between the texas
Louisiana State
area have a line. Cheryl janice dean is live in the
Fox Weather Center
with the latest on i guess one of our first big stories of the season. Reporter absolutely. So early on here that is significant if you look historically at the amount of
Tropical Storm
s early on in the season. Sometimes we will have a busy tropical season. The good news of the
Tropical Storm
. Its a weak one but it gets us prepared for the season ahead. 40
Miles Per Hour
sustained winds. Landfall minutes ago around the lake charles area. We are dealing with the next six to 12 hours of flooding threat and rapport tornadoes. No tornado warnings right now but a watch from louisiana, mississippi and alabama. With turning us in tropical tornadoes make landfall as well. Flood advisories that a concern in the next couple days as the storm moves up towards the tennessee, ohio,
Mississippi River
valley. Six to nine inches of potentially flooding rainfall with isolated amounts of over a foot. Watch this is to move north and east where it in the midatlantic region this week and perhaps back to you. Cheryl quite a storm with god on their hands. Attention now to sports this morning. Dodgers back in place at dodger stadium. The second pitch of the game for the lead on the homers the eighth of the year. The mets stay quiet after that. The sco plead blast a threerun homer, appears to
Say Something
that is running the bases. They are not happy. Dodgers win in 82. The other l. A. New york matchup trying to snap a sevengame losing streak. Bottom of the second with a game for the tworun home run. Yankees have to0. The 15th homer of the year. Yankees go on to win it 84. The nba draft is here. The top two picks appear to be locked in already. 76ers traded for the number one pick their expected to take washington, ucla project it to follow number two to the lakers. After that, anybodys guess. The knicks created the biggest biggest ive seen they are willing. A group of nfl hall of famer has enjoyed a special meeting with pope francis at the vatican. Jerry jones presented the pope at the sign number one jersey in the hall of fame helmet. The pope is an avid football fan but please differently where he comes from. Lauren coming up,
House Minority
leader
Nancy Pelosis
job on the line in the wake of the big election losses in georgia and north carolina. Lugar drama continues. Market shares to write a lyft. You are watching fbn am. The you totaled your brand new car. Nobodys hurt, but there will still be pain. It comes when your
Insurance Company
says theyll only pay threequarters of what it takes to replace it. What are you supposed to do . Drive threequarters of a car . Now if you had
Liberty Mutual
new car replacement™, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. With
Liberty Mutual
new car replacement™, well replace the full value of your car. Liberty stands with you™. Liberty mutual insurance. Lauren breaking news this morning. Republicans set to take their plan to replace obamacare. The president says dont plan on any democratic support. Cheryl
House Minority
leader nancy pelosi may be losing hers. Shes been blamed for election losses in georgia and south carolina. A look at what could be her future or not. Lauren oil prices driving down
Energy Stocks
that the dow down 57 points. Features down 34 this morning. Nasdaq futures down 18. Cheryl with it right now. A 10 month low. This is a big market story this morning. Tropical storm cindy turning deadly will go live to louisiana. Cheryl who will be the next ceo of uber . Charlie gasparino reporting the line is out the door to replace travis transfected wellknown names like
Tropical Storm<\/a> cindy turney deadly. We will have a live report from louisiana during the hour. Drain three who will be the next ceo of over . Charlie gasparino to replace travis kalanick. Train to the new york yankees sending their losing streak. In basketball, big news for the nba draft. We will tell you what teams are making deals. Lauren 5 01 a. M. In new york. Good morning. Im lauren simonetti. Cheryl im cheryl casone. You are watching fbn am, your first look at morning markets and breaking news. And whether in politics. Lauren
Senate Republicans<\/a> will unveil their version of the new
Health Care Bill<\/a> this morning. The measure to rollback the obamacare expansion of medicaid and penalties on people not buying
Insurance Coverage<\/a> and eliminate taxes to help pay for obamacare. Cheryl in cedar rapids, iowa,
President Trump<\/a> seemed optimistic about senate bill. We have a very slim 5248. That means that basically cant lose anybody. I think it may help, cant guarantee anything, but i hope we will surprise you with a good plan. Ive been talking about it playing with heart. At the money to it. But obamacare instead. Train to democrats strongly criticizing republicans planting the bill has been discussed in secret with no input from the minority. A vote could come as soon as next week before the july for congressional recess. Drink your
President Trump<\/a> calling for limits on welfare for immigrants in the country should preserve the safety net for struggling americans who truly need help. At boot time has come for new immigration rules with those into our country must be able to support themselves financially and should not use welfare for a period of at least five years. Train for u. S. Immigration law bars the most foreigners have been eligible to democrats like
Social Security<\/a> and food stamps for the first five years. Proposals to make more categories on benefits offlimits to immigrants. Train to be continue to track a major
Tropical Storm<\/a> cindy making way earlier this morning with deadly consequences. A 10yearold boy vacationing with family in alabama killed yesterday after being struck by debris washed on shore. The storm is moving inland. Facilities along the border in the biggest concern right now is flooding in some areas with 50 inches of rain in galveston texas. Emergency officials ready. We are used out in the water, but the roadway. Train to stay with us. Janice dean will be joining us with the latest on
Tropical Storm<\/a> cindy and what we can expect today. Lauren fbi investigating an attack on a
Police Officer<\/a> yesterday at an airport in flint, michigan. Just another was stabbed up
Bishop International<\/a> airport yesterday morning for a 49yearold canadian citizen who had a 12inch knife. He was carrying baggage. He went into our restaurant, spent a little time in the restroom, dropped both facts, came out and pulled out a knife can be gelled allahu akbar and staff lieutenant lavelle of the neck. Lauren repeatedly. They made a reference to people being killed in syria, iraq and afghanistan. Charge of committing violence at an airport in his a bond hearing next week. Officer neville is listed in satisfactory condition and we wish him well. Train to more changes at google are following the resignation of ceo travis kalanick. Lauren tracee carrascas joining us. It seems like we it seems a quaint new headlines every day. Reporter venturecapital still one of the earliest investors is stepping down from the right ailing companys race. His departure comes one day after the resignation of ceo travis kalanick. One of the five investors that five investors that lead to results and him to step down. On tuesday, gurley said therell be some travis k. With several entrepreneurs at the
Lasting Impact<\/a> on the world. A alerts taken over since first leading sander levin lien dollars fine in being in birth in 2011. Gurley is being replaced by matt kohler. He could be helpful in the topic for kalanicks replacement. Sheryl sandberg, the current ceo of facebook. Shes reportedly taking her name out of the running with direct your theory on the huffington. Others include ford ceo
Alan Mullally<\/a>. Susan majewski courtesy of youtube ursa minor. Former ceo of yahoo . Fox businesses
Charlie Gasparino<\/a> spoke with one of the chief
Capital Investors<\/a> who see big prospects for the future of the ridesharing company. The line is out the door of worldclass candidates. Talking someone who could make 1 billion when an ipo with the valuation of 70 billion, there has been recent speculation as to whether cooper will follow snap sleep in public trading. Lauren thats a good point pakistan to make so much money when they get the ipo of ground that they need to fix their culture. They are losing market share. They are. Lyft has managed to stay out of the drama and lift market share risen to 24. 7 up from 21. 2 . Closing in terms of download. It is at a record alltime low. Train to about the names you listed on there,
Marissa Mayer<\/a> available but marissa mullally was credited with the success of ford and the suffering since. Some very interesting names on the list. Reporter and the company. Train to very good story. Thank you very much. Another headline, u. S. A. Is set to go public today. But will be the biggest u. S. Telecom ipo in 17 years. 63. 9 million shares at 30 each raising 1. 9 billion at more than 20 billion. The stock will trade on the
Near Stock Exchange<\/a> under the symbol u. S. They further merger of cablevision and suddenly communications. The ipo is coming at a time when u. S. Telecom stocks have slumped this year can we have a theme a lot of ipos. Lets take a closer look at it with adam johnson, founder and author. Great to be with you too. I wouldnt touch this thing with a 10foot pole. This is like the tmobile up to cable business. This is a tough market. Im not sure why anyone would get into this market but its really more about rugby and access. Another theory is that the attraction is for this company is a scrappy european upstart, decided to come to the u. S. And be the fourthlargest in the country. Its losing money, guys. The reason most investors buy telecom is because it dividends. That appeals to me. This
Company Loses<\/a> money. Sorry, i wouldnt touch this one. Train to is you are talking come over showing the year today shared country and start. It doesnt look so great. Besides the ipo, business sector have a lot to do to turn itself around . Again, this is a very difficult business. We all watch tv. We all need
Internet Service<\/a> at home. Its not as though this is a dying business. The point is its not a growth business. Theres a finite number of households in this country. Its tough for no one else to go out there and buy houses in an economy that going a lot slower than we are accustomed to in our country. This is a difficult business. Tim telecom in general. I can understand its the biggest since 2000. But that is also telling. They raise 1. 9 billion that is the biggest is 2000. That tells you everything you need to know. Cheryl plus all the consolidation. Thats why theyre trying to hang on. Lauren at him, we appreciate your candor this morning. Is your cup of coffee. Lauren outtake another. See you soon. Trained to ask a path of
Global Market<\/a> action overnight. Following our. Following a late comer to the today show right now. The nikkei, hang seng, shanghai to the downside. Kospi and
Career Coaching<\/a> out again. Lauren low oil prices pressuring the sector. The ftse in london and 43. The dax down 37. And like to point out that e. U. Leaders are meeting to brussels talking about the british plan to leave the european union. Cheryl here in this market we are looking as you can see the dow, s p and nasdaq pointing to a lower open on this thursday but not by much. Its all about commodities. Lauren oil is down the fort in a row. 42point safety continues to drop 5 so far this week. Up 7 . 12 by 52 amounts. Cheryl are we going to see oil in the 30s . The analyst said very possible. Coming up, a lot more to come in washington. Gop
Senate Leaders<\/a> get set to reveal their plan. President trump optimistic about democratic support. If we went and got the single greatest
Health Care Plan<\/a> in the history of the world, we would not get one democrat vote because their obstructionists. Train to a lot more when we come back. Stay with us. Whoa thats amazing. Hey, im the internet i know a bunch of people who would love that. The internet loves what youre doing. So build a better website in under an hour with. Gocentral from godaddy. Type in your idea. Select from designs tailored just for you and publish your site with just a few clickseven from your. Mobile phone. The internet is waiting start for free today at godaddy. Thithis is the new new york. E . Think again. We are building new airports all across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new
University Partnerships<\/a> to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov lauren good morning. I picked in the new york. Iraqs military says the
Islamic State<\/a> destroyed a mosque and its iconic beauty than mozilla. Three years ago the isis later abu book are all about the use the mouse to declare a caliphate. Reuters reported that private equity firms in effect to acquire staples. The 6 billion would come a year after a merger between staples and office depot on antitrust grounds. Nike no longer running away from amazon. The two are negotiating a deal to sell 90 goods directly on amazons website. The deal would give access to amazons huge retail channel and also reduce the sale of counterfeit goods. Stock prices this morning with the losses. The dow down in two days in a row. The dow up 26, nasdaq up five. Thats a check in with happening now. Train to the
Health Sector<\/a> is
Insurance Companies<\/a> watch today because now youve got
Senate Republicans<\/a> set to unveil their
Health Care Plan<\/a>. The nations secondlargest
Health Insurer<\/a> officially pulled out of obamacare in the u. S. Overall. Lets bring in chris didnt a contributor to the hill and author of government gone wild. Good morning, guys. Cheryl but we know so far in the bill unveiled later today, would he think about the chances of this . Its hard to say. But republicans have been meeting for weeks to get this done and repeal and replace obamacare. The bill to reshape subsidies to lowincome americans. They will be tied as considered a major upgrade from the hospital. The senate bill also expected to get rid of house favors that allow states to let insurers create preexisting conditions. The bill will let take optout of certain regulations and deny funding for planned parenthood. This could go up for a vote as early as next week. Lauren at showtime. Years and years to repeal obamacare. Criticism from democrats and some
Senate Republicans<\/a> is that those crashes. Two major criticisms. Republicans have complained its really rushed. Also tension about phasing out the
Medicaid Expansion<\/a> with the sevenyear phaseout while the
Senate Republicans<\/a> have proposed a three euro. I dont think we can expect support from democrats on this. Democrats have made it clear their whole agenda is to obstruct any legislative agenda of the republican seven republican senators. Cheryl is going to ask you next if you look at
Susan Collins<\/a> of maine, there ares a moderate republican that may be an issue. Are you hearing anything about where these folks may be right now . Its really, really tough. Depends what happens over the next week. Republicans agree something needs to be done. Obamacare is not working. Premiums have doubled since 2013. Deductibles are so high. Christine, like the cover. Thank you so much for your voice on this. Deadly
Tropical Storm<\/a> cindy sending the gulf coast. Two to three inches can cause you to move your car and then expect that direction. Its important to not drive through standing water. Senior meteorologist janice dean. The new york yankees landing their losing streak. Big move for the nba draft. Well tell you you what teams are making big deals here on fbn am. Here comes the fun with seadoo starting at just 5,299 and up to 500 rebate visit seadoo. Com today so we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers
Consistent Network Performance<\/a> and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Take a good look at yourself. Oh, yeah. Check that smooth backside. No, really check it. If youre a man over 50, youre in the group most likely to develop skin cancer, including melanoma. When detected early, skin cancer is highly treatable. Check yourself out. And find someone else to help. A message from the
American Academy<\/a> of dermatology. Lauren
Tropical Storm<\/a> cindy making landfall between the texas
Louisiana State<\/a> area have a line. Cheryl janice dean is live in the
Fox Weather Center<\/a> with the latest on i guess one of our first big stories of the season. Reporter absolutely. So early on here that is significant if you look historically at the amount of
Tropical Storm<\/a>s early on in the season. Sometimes we will have a busy tropical season. The good news of the
Tropical Storm<\/a>. Its a weak one but it gets us prepared for the season ahead. 40
Miles Per Hour<\/a> sustained winds. Landfall minutes ago around the lake charles area. We are dealing with the next six to 12 hours of flooding threat and rapport tornadoes. No tornado warnings right now but a watch from louisiana, mississippi and alabama. With turning us in tropical tornadoes make landfall as well. Flood advisories that a concern in the next couple days as the storm moves up towards the tennessee, ohio,
Mississippi River<\/a> valley. Six to nine inches of potentially flooding rainfall with isolated amounts of over a foot. Watch this is to move north and east where it in the midatlantic region this week and perhaps back to you. Cheryl quite a storm with god on their hands. Attention now to sports this morning. Dodgers back in place at dodger stadium. The second pitch of the game for the lead on the homers the eighth of the year. The mets stay quiet after that. The sco plead blast a threerun homer, appears to
Say Something<\/a> that is running the bases. They are not happy. Dodgers win in 82. The other l. A. New york matchup trying to snap a sevengame losing streak. Bottom of the second with a game for the tworun home run. Yankees have to0. The 15th homer of the year. Yankees go on to win it 84. The nba draft is here. The top two picks appear to be locked in already. 76ers traded for the number one pick their expected to take washington, ucla project it to follow number two to the lakers. After that, anybodys guess. The knicks created the biggest biggest ive seen they are willing. A group of nfl hall of famer has enjoyed a special meeting with pope francis at the vatican. Jerry jones presented the pope at the sign number one jersey in the hall of fame helmet. The pope is an avid football fan but please differently where he comes from. Lauren coming up,
House Minority<\/a> leader
Nancy Pelosis<\/a> job on the line in the wake of the big election losses in georgia and north carolina. Lugar drama continues. Market shares to write a lyft. You are watching fbn am. The you totaled your brand new car. Nobodys hurt, but there will still be pain. It comes when your
Insurance Company<\/a> says theyll only pay threequarters of what it takes to replace it. What are you supposed to do . Drive threequarters of a car . Now if you had
Liberty Mutual<\/a> new car replacement\u2122, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. With
Liberty Mutual<\/a> new car replacement\u2122, well replace the full value of your car. Liberty stands with you\u2122. Liberty mutual insurance. Lauren breaking news this morning. Republicans set to take their plan to replace obamacare. The president says dont plan on any democratic support. Cheryl
House Minority<\/a> leader nancy pelosi may be losing hers. Shes been blamed for election losses in georgia and south carolina. A look at what could be her future or not. Lauren oil prices driving down
Energy Stocks<\/a> that the dow down 57 points. Features down 34 this morning. Nasdaq futures down 18. Cheryl with it right now. A 10 month low. This is a big market story this morning. Tropical storm cindy turning deadly will go live to louisiana. Cheryl who will be the next ceo of uber . Charlie gasparino reporting the line is out the door to replace travis transfected wellknown names like
Sheryl Sandberg<\/a> and
Arianna Huffington<\/a> has said no thank you. Lauren jd power is out with the industry top quality survey. We will tell you which brand drove to the top of the list. Cheryl 5 31 a. M. Thursday june 12th lauren june 22nd. Cheryl is that . Uber i am lauren simonetti. You are watching fbn am, your first look at morning markets and breaking news. The correct times and days. Turned to look at this right for you. Senate republicans are going to unveil their version of the
Health Care Bill<\/a> later this morning. This measure expected to roll back the obamacare expansion of medicaid. People not buying
Insurance Coverage<\/a> and eliminate taxes that pay for obamacare. Lauren a rally in cedar rapids, iowa,
President Trump<\/a> up domestic about the senate bill. We have a very slim 5248. That means we basically cant lose anybody. I hope they guarantee anything but will surprise you with a really good one. Ive been talking about a plan with heart. I said at the money to it. A plan with heart. Obamacare instead. Lauren democrats strongly criticizing republicans think they know bill has been discussed in secret no input of the minority before the july 4th congressional recess. Cheryl a lot on that story this morning. Also from the president ,
President Trump<\/a> forster or limits on welfare for immigrants. The country should preserve safety nets for struggling americans who truly need government help. I believe the time has come for new immigration rules, which say those seeking admission into our country must be able to support themselves financially and should not use welfare for a period of at least five years. Cheryl u. S. Immigration law bars most foreigners from federal benefits like
Social Security<\/a> and food stands for the first five years. Expected to make more categories offlimits to immigrants. Lauren
Tropical Storm<\/a> cindy has made landfall in claims life of a 10yearold boy on vacation with his family in alabama killed after being struck by a log. The storm came ashore along the texas louisiana border this morning potentially lifethreatening flooding is the biggest concern along the gulf coast and in parts of the south for tomorrow. Some areas get as much as 15 inches of rain. In galveston, texas, emergency
Officials Say<\/a> they are ready. The ninth but got a contingency plan in place. Lauren stay with us. We will have a report from lake charles, louisiana on what is expected and what is happening there. Lauren big storm already. The fbi is now investigating an attack on a
Police Officer<\/a> in flint, michigan is an act of terrorism. Jeff noble aside
Bishop International<\/a> airport by 49 euros canadian citizen with a 12inch knife. He was carrying baggage. He went into the restroom. He spent a little time in the restroom, dropped bookbags and came out, pulled out a knife, yelled allahu akbar instead attended novell in the neck. Trade to the fbi says they made a reference to people being killed in syria, iraq and afghanistan. He started committing violence at an airport and is being held until his bond hearing next wednesday. Absurd novel is that in satisfactory condition this morning. Big changes at the uber following the resignation of ceo travis kalanick. Lauren tracee carrascas journey with the latest. Its been a thank you. The benchmark capital was one of the early investors stepping down from the right feeling companys board of directors. It comes just one day after the eradication of troubled ceo travis kalanick. Gurley is one of the private investor that led to revolt and pressured him to step down. He treated therell be many pages in the history of the devoted to travis k. Entrepreneurs have had such an
Lasting Impact<\/a> on the world. A large stake in uber since first uber since first lady than 11 million signing in 2011. Been replaced by the benchmark colleague matt kohler. The appointment of the board could be helpful in moving the topic for kalanicks appointment. Populace to
Sheryl Sandberg<\/a>, current ceo of facebook or she is her name out along with ford direct your area and huffington. From her ford ceo
Alan Mullally<\/a> come
Alan Mullally<\/a>,
Longtime American Airlines<\/a> executive david kirsch, a season which is mayer former ceo of yahoo and the former ceo of disney. Charlie gasparino spoke to one of coopers cheap
Capital Investment<\/a> theses the prospects for the future of the company. The line is out the door of worldclass candidates. You are talking someone who could make 1 billion when it ipos with the valuation of 70 billion with recent speculation as to whether uber will follow snaps lead. Trade to the competition is watching this. They could be benefiting a little bit. Absolutely. This data out of the spotlight. Theyve seen an increase over the past few months. Consumer favorability for uber is at a record low. Consumers are choosing lyft and other options right now. Lauren all of this happening in just a few. A sudden reaction to the culture problems. Thank you on the tracey. Cheryl lets get to caught up in
Global Market<\/a> action. Asia following our markets here. A little bit of pressure. Nikkei, hang seng, shanghai trading to the downside. Up about half a percent. The ftse in london and 40, cac down 35. Docs in germany than 45. Cheryl here we go again with u. S. Features playing to the slightly negative open this morning when the bell rings at 9 30 a. M. Eastern time. Ive been following this oil story because oilers captain of the market is in team games this week. The largest plunge the first half of this year for crude since 1997. Another of right now. 42. 74. Cheryl were talking about the 30 range pretty close right now. On the story of oil again at the 2017 low hit on the contract. Oil down within 2 yesterday. Lets bring in on johnson, founder and author we should say. Lets get your perspective on that. Are we going to get to the 30 range for oil . About effect on
Energy Stocks<\/a> in particular. This is a wonderful thing. We can crack the code on oil supply thanks to all the shell for missions around the world. He needs opec is no longer relevant. For a while we were saying when the price of oil goes down somehow than negative thing for the economy suggests weakness. This is about supply. If you want to say how far its going to go down, heres the deal. If you take oil down low enough you will shed in the supply. Kind of a natural brake to be honest. If you are the low 40s can do so call to my subscribers as trade on the downside, 55 and the upside. Just because its the opposite. All of a sudden all those guys are producing oil in producing oil at philly future is as a hedge. That is kind of the oil snapchat. Lauren
Tropical Storm<\/a> cindy in the gulf of is that why we see oil prices come up a little bit right now . Yeah, they are up ever so slightly. It will absolutely have an impact. Youve got to get people off the platforms. That is critical. We learned in 2010 with the oil spill that these are powerful structures that they are also fragile. People tend to on the side of caution if of caution these days and thats why this dirt evacuee need offshore platforms. As quickly as they shut them down, they can turn them on. Its only going to be most likely 3672 hours assuming theres no serious damage. Cheryl are you bullish or bearish on
Energy Stocks<\/a>, adam . I am bullish. Take pioneered. This is the number one operator and the number one show. This is down 20, 25 . As a matter of fact i wrote about. The assailant you achieve. Those companies are incredibly conservatively run. They manage their cash flow, not revenue. Their cash flow on existing most. You have to trade oil. The theme with the oil names. Cheryl things for your perspective. Banks. Good to be with you. Transfer after big losses in georgia and south carolina, are democrats to get about firing
House Minority<\/a> leader nancy pelosi. One says yes. Nancy pelosi is more toxic than donald trump. You know what, the honest answer in some areas of the country, yes, she is. Cheryl oracle as the stock were watching today. You are watching fbn am. 5 42. The me me whoa thats amazing. Hey, im the internet i know a bunch of people who would love that. The internet loves what youre doing. So build a better website in under an hour with. Gocentral from godaddy. Type in your idea. Select from designs tailored just for you and publish your site with just a few clickseven from your. Mobile phone. The internet is waiting start for free today at godaddy. Music you fill up my senses like a sleepy blue ocean you fill up my senses come fill me again cheryl at 5 45 a. M. In new york. Lets get you caught up on whats happening now. Apparently escaped with minor injuries after the fighter jet caught fire and force him to have to adjust. The jet was on a training flight in houston when the accident happened shortly after takeoff. The cause of the accident under investigation. For the second straight year, kia drives the top of the other windows tree quality survey. Number one in the jd power study by the number of owners in their new first 90 days. For the top u. S. Automaker came in at number four. Oracle transition to the cloud starting to pay off. The stock surged with the companies path to earnings estimate according to cloud revenue 15 , more than a billion dollars in the fourth quarter. Taking a look at u. S. Stock markets. Have your opening bell. All the major indices pointing to the site below are open on this thursday. Cheryl
Democratic Party<\/a> has failed and five elections. Members asking if it is time to fire their leader. Well nancy pelosi continue to be the top democrat. Joining us now, kristen now, chris didnt take enough for government gone wild. The democrats have a
Leadership Team<\/a> that is essentially unchanged back in 2006. The top two leaders in their late 70s and theyve lost by special elections. Three in a row. With a c to stay on . Thats kind of the problem. Nancy pelosi has done little to energize or mobilize the base and shes failed to pay the
Solutions Based<\/a> for the board. Shes all about negative rhetoric. I think the
Democratic Party<\/a> has a much bigger problem than just nancy pelosi. They dont seem to have a unified, can instant message from a unifying principles and i dont see exciting emerging leaders on their side. 2018 is going to be an ugly election year. Cheryl the last time the dems were able to get meaningful traction with rahm emanuel. Not the far left candidates. I wonder if that is the strategy going forward. Yeah, we will see what they do. I cannot think of many exciting people on their side they can bring together the
Left Progressive<\/a> wing of the party in the more moderates. The
Bigger Picture<\/a> is democrats who seem to not worried much from 2016. Republicans have a message. We thought last night the campaign message, lets drain the swamp. The media is biased. We heard that in iowa. But the message . They dont have one. Cheryl disrupt any progress. The democrat dont do some serious self reflection before next year, its not good for them. Look what happened yesterday in
Georgia Special<\/a> election. 24 million they couldnt win. That sends a signal this is an early sign their obstructionist agenda is not going to work. Donald trump card that out last night. Cheryl a lot of side liberal commentators. Lauren thank you so much. Cheryl coming up, a chilly new trail for the season of game of thrones. Cheryl stay with us. Well show you more from not. Tropical storm cindy has made landfall along the gulf coast. A live report from louisiana. You are watching fbn am. We will be right back. Treated to state of emergency declared for the golf us. Tropical storm cindy makes landfall in louisiana. In the storms path. Good morning to you. K. , cheryl. Good morning to you. Feeling the effects of
Tropical Storm<\/a> cindy came to short to 3 00 central time, not far from where i am. Pretty close to texas, louisiana coasts. No widespread reports of major damage to tell you about. But we can show you this then this is what happens. So many people concerned here because localized flooding is a huge problem. It is steadily rising. Before this is all said and done, forecasters say they could dump six to nine inches on the states from the
Florida Panhandle<\/a> all the way up to texas. 13 inches. Look at this. A familiar sight using kayaks and votes just to navigate some of those flooded roads in lake charles taking it all in stride. In and around new orleans, more of the same. Blinding rains producing significant flash flooding, forcing residents to seek higher ground. The police over there said it was illegal to deep to go in there. Alabama and mississippi impact did. Some of the heaviest rainfall could have been there. The governor of alabama has declared a state of emergency in sad news to report this morning. A 10yearold boy was killed in alabama. A freak accident when the stores are washed along a sure and hit him in the head. The family was vacationing in alabama. One fatality to report at this point to
Tropical Storm<\/a> cindy, 10yearold boy in alabama. That is the latest from lake charles. Cheryl, back to you. Cheryl early in the season. Casey stegall live along the coast. Thank you e. Lauren winter is coming. A seal releasing its second tree with the new season of game of thrones. The centuries are brought together against their common enemy despite their differences. We need to do the same if we are going to survive. Its always been rail. Lauren game of thrones season seven. Cheryl people are fanatical about game of thrones. Coming up, everybody, more for you. The caped crusaders on patrol in fort worth and he even caught a suspect. We will tell you more. You are watching fbn am like a
Rhinestone Cowboy<\/a> here comes the fun with seadoo seadoo has the most affordable watercraft on the market starting at just 5,299 and up to 500 rebate visit seadoo. Com today train to imagine the surprise of a suspected shoplifter when he got nabbed by batman. A
Police Officer<\/a> and corporate, texas during his off duty hours and appears at different places, but he also heard
Walmart Stores<\/a> and he was there. Turns out a customer walked out without paying for the crusader, given a citation when he found the man had four dvds he didnt pay for. Cheryl the suspect was so surprised he asked the effort for southie and to make matters worse, one of the stolen dvds hit close to home for the officer. One of the movies he was attempting to see attempting to stay with lego batman. You cannot steal my movie. Come on. Transfer this is the first time he caught a suspect while dressed in one of his costumes. Cheryl i dont know about you, but if they still wonder woman. Good morning to you. Happy thursday to you. Thanks for being with us. I am maria bartiromo. Top stories right now 60 on the east coast. The push to repeal and replace obamacare has arrived. Big changes at a
Senate Majority<\/a> leader
Mitch Mcconnell<\/a> this morning. The president calling out democrats for getting in the way thing both sides should
Work Together<\/a> to move the agenda forward. It would be a beautiful, beautiful thing if we could get together as two parties that love our country and come up with that
Great Health Care<\/a> and come up with that great tax deal for our people and tax reform. Just","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia800604.us.archive.org\/2\/items\/FBC_20170622_090000_FBN_AM\/FBC_20170622_090000_FBN_AM.thumbs\/FBC_20170622_090000_FBN_AM_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240628T12:35:10+00:00"}