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tv   Mornings With Maria Bartiromo  FOX Business  April 21, 2021 6:00am-9:00am EDT

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i'm jamie colby. thanks so much for watching "strange inheritance." and remember -- you can't take it with you. maria: good wednesday morning, everyone. thanks so much for joining us. i'm maria bartiromo. it is wednesday, april 21st. your top stories, 6:00 a.m. on the east coast. arizona is declaring a state of emergency at the border, the state deploying national guard troops to help with the migrant surge. netflix subscriber growth falling. the stock down almost 8%. broader market searching for direction, take a look. futures right now are mixed with the dow industrials down 9, the nasdaq down 29 and s&p 500 weaker by 1 and-a-half. the dow and s&p 500 extended the losses yesterday, it's been a tough week, suffering the
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biggest decline in a month as coronavirus cases are rising now across the world. dow industrials yesterday down 256 points, the nasdaq down 128, the s&p 500 lower by 28. european markets posting modest gains. we've got strong earnings report and positive economic news driving the markets there, ft 100 up 11, cac up 22 and dax index negative by just a fraction. in asia overnight red across the board, take a look, japan once again the worst performer, down better than 2%, the pandemic concerns weighing on markets. "mornings with maria" is live right now. ♪ you're love's got me looking so crazy right now. ♪ your touch got me looking so crazy right now. maria: now some of the top stories we're watching this morning. a jury has found derek chauvin guilty on all charges in the death of george floyd including
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second degree murder, third degree murder and second degree manslaughter, he was immediately taken away in handcuffs yesterday. the verdict prompting celebrations across the country from new york to los angeles. president biden calling the conviction a giant step toward racial justice, urging lawmakers to pass the george floyd justice and policing act. chauvin faces up to 40 years in prison, sentencings is expected in eight weeks. the governor of as as headed to the -- arizona headed to the border after at the declaring a state of emergency due to the growing migrant surge. he said he's done waiting for the biden administration to act. the state deployed 250 national guard troops to help at detention centers and track cartel as well. xi jinping expected to speak at a global climate summit tomorrow.
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they are explaining how they will work together to tackle the climate crisis, following two days of talks with john kerry and his chinese counter part. house democrats are launching an investigation into the contractor that ruined 15 million doses of the johnson & johnson vaccine. lawmakers questioning whether emergent biosolutions used its ties with a trump era official to secure federal contracts without meeting qualificationses. this as the european union begins redistributing johnson & johnson's shot after declaring blood clots a very rare side effect. take a look at the premarket in johnson & johnson shares this morning, down a fraction. rest of the market hovering near the flat line, investors are watching earnings and of course dow industrials right now down 11, nasdaq down 32, s&p down 2 points, one of the highlights in the market netflix reporting first quarter last night, the company reported 4 million new subscribers globally, lower than the estimatedded 6 million.
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as a result, the stock taking a sharp hit. joining me now is capital management founder and ceo, mark usco this morning. thank you for being here. joining the conversation all morning long this morning is fox business' dagen mcdowell and strategic wealth partners president and ceo, mark tepper. great to see everybody. thanks for being here. mark, let me kick it off with you. netflix of course slowing down, expectations were all the way up there. any thoughts on the quarter, what you're seeing there, and then i want to ask you about the broader tech sector here that of course has been the leadership for so long. >> yeah, maria, again, thanks for having he me on this morning and i think this is an example of what we've been talking about for the last couple months, that we were worried about technology valuations, about broad market valuations and the expectations were just too high. and we kind of made a little joke about this, that fangs bite, it's their nature. i think this is the first of a handful of earnings
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announcements that will be a little weaker and we believe that energy and fang diamond backed energy would outperform the fangs and it really has this year and actually has since the election which is kind of a surprise, given that everybody thought a blue wave would crush the energy sector. it's been just the opposite. maria: yeah, what's your take on the broader issues for this market, mark? like inflation, for example. procter & gamble announced plans to increase prices on a number of essential products. that's going to happen this fall. including diapers among other things. the company says it's in response to higher costs of raw goods and transportation. do you see inflation mcing an issue -- becoming an issue for the broader markets around the economy? >> i definitely do. i think that's going to be a sneaky kind of problem in that people aren't really paying attention to it. they're dismissing the rise here, the rise there. really, look, you can't print 40% of all the dollars that have ever been printed in the history of the united states in 12
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months, which happened in the last year and expect there not to be inflation. you've seen it in oil prices, lumber prices, i think up 300 plus percent, you're seeing it in all commodity prices and companies are not going to sit by and take the hit on earnings. they're going to try to pass those costs along to consumers. i think inflation's going to surprise to the upside over the next few months. that's going to put a lot of pressure on interest rates, which is going to put a lot of pressure on stock valuations, which are the most extreme they have ever been. i look at four averages to look at valuation. they're at 185% of their long-term average. that beats 2000 when they were at 146% of their long-term average. pretty bad. maria: yeah. that's a great point. in terms of growth, broader economy growth, mark, and the backdrop for investing right now, do you think we are going to see growth in gdp for 2021? >> i certainly think we'll see
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growth. but there's a little bit of downside math is really hard here. people are excited about the rebound in gdp, but they're not really paying attention to how much destruction there was because of the lockdowns. so we're going to bounce back, probably 5, 6%. that will sound good on the headline. when you think about a decline of 4%, look, we had the first global contraction of gdp in history. we've never had a full global contraction before. so i think there is going to be growth and there's going to be some positive earnings and some companies are going to do well but i think broadly the market get got ahead of itself, expectations are just too high and we're set up for kind of a disappointment coming into the summer and fall. maria: yeah. especially when you pile on there we've got maybe stricter regulations, higher taxes, also going to cut away at earnings. i want to ask you about crypto. let me bring in mark tepper
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here. mark, go ahead, jump in. >> maybe i'll steal your question about crypto, maria. mark, look, i've got more and more clients reaching out to me about atherium. i woke up at 4:30 in morning today with a text from a client asking about atherium. what's your take on atherium versus bitcoin. >> we really like atherium and bitcoin. we like them so much because these are fundamental protocols that are part of the technological evolution. technology evolves and block chain technology is the operating system for the internet of everything, the same way the internet was created, we have internet protocols. you and i are talking right now using something called tcp/ip which is a base layer protocol. w, w, w, dot ties everything together. think of bitcoin as the base
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layer protocol for the internet of value. atherium is the w, w, w, dot of this internet of everything. so companies are going to be built and applications are going to be built using atherium and decentralized finance where we move all of financial services onto smart contracts and computer code, think about a derivative contract. there's no reason human beings should settle a derivative contract. they can settle instantaneously using smart contracts and atherium will power that. it's smart that your clients are thinking about that. we're very excited about the whole ecosystem around crypto and block chain. maria: well, you've been so right on this for so long now, mark. venmo is the latest platform to say it will allow users to buy and sell cryptocurrencies, including bitcoin as well as atherium. one crypto currency not included
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is doj coins. any thoughts there? >> i talked about this on monday. i think doj is what's -- everything that's wrong with markets right now. it was started as a joke. there's no operating system behind it, no use case. it really is just rampant speculation, not even trading. it's certainly not investing. and i think it just epitomizes everything that's wrong, like gamestop, that people are pushing higher because the price is moving. if you focus on fundamental assets like bitcoin, like atherim and compound, things where there's a use case, i think people would be better off. maria: we'll leave it there. great to see you this morning. thanks so much. >> thanks, maria. maria: we are just getting started. border emergency, ken paxton is
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here on the record surge in migrant children reportedly up 800%, just from january. and then in the next hour, utah senator mike lee will join me to discuss reigning in big tech. in the 8:00 a.m. hour we're looking at beijing's ambitions, marco rubio will discuss the potential climate deal with china, how it benefits xi jinping and the chinese communist party, not the u.s. don't miss a moment of it. you're watching "mornings with maria" live on fox business. some days, you just don't have it.
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maria: welcome back. guilty on all charges, derek chauvin, the former minneapolis police officer involved in the death of george floyd was found guilty of second degree murder, third degree murder and second degree manslaughter yesterday. the judge revoked chauvin's bail after the verdict was read. he faces a he potential combined maximum sentence of 75 years in prison when he is sentenced in two months. joining me now is trial attorney
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heather hanson. thank you very much for joining us. your thoughts and reaction to this trial result? >> listen, i expected this result. i didn't expect it to come quite so fast, maria. i thought the prosecution put on a pretty immaculate case and eric nelson, the attorney for chauvin, didn't have a lot to work with. i think the result was appropriate. now we need to see what the sentence will be and the judge does have some discretion there. maria: the whole thing is so upsetting, the way all of this went down. people across the country are really just in just -- upset right now about both men's lives. maxine waters and her comments from over the weekend could be grounds for an appeal in the trial, according to that judge. the california congresswoman said saturday that protesters should get, quote, more confrontational if chauvin was acquitted. what kind of effect might
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waters' comments have on a potential appeal. >> as the judge stated, it is grounds for an appeal. i don't think the case will be overturned based on her statements. it certainly is inflammatory and could have impacted the jury. the jury was instructed not to look at the news. that's the reason that the judge did not grant a mistrial which is what the defendant's attorney asked for. there's a lot of things like that that happened in this case. at the beginning of the case, there was a settlement, a civil settlement of $27 million that was announced during jury selection. a lot of these things could have influenced the jurors and they will all be part of the appeal but i don't think this case will be overturned on appeal. maria: what about the other three officers, heather, involved in the death of george floyd? they'll face a jury on august 23rd. what are you expecting there? >> so it's interesting, because they all have different participation in the event. one of the officers actually also had his knee on floyd's
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back. another officer was touching floyd. he was a younger officer, only on the force for a number of days. he's the one that said should we roll him over and the third never touched floyd but was controlling the crowd. i think they'll have different defenses because of the different circumstances. i think that the officer who asked whether he should be rolled over has a much better chance of escaping some liability but it's going to be interesting to see how their defenses change in light of the guilty verdict and how much they're now going to blame chauvin for everything that happened. that all remains to be seen. maria: yeah. so i mean, as far as the public's response, do you feel justice was served? >> i do feel justice was served. listen, maria, i have been watching the case from minute one and it has been clear to me that there wasn't a lot to defend this case. the use of force expert in this case was not in my opinion the best. i do think it was hard for the defense attorney to get experts in this case, to get any help in this case. the prosecution had all kinds of resources behind them.
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but at the end of the day there's no excuse for what chauvin did. those 9 minutes and 29 seconds were played over and over and over again. i think this jury had a difficult job. i think they took it seriously. we know from reports in the courtroom they were paying close attention and i always appreciate our jurors services, especially in this case. maria: yeah. just a very sad story all around. heather, thanks very much for joining us this morning. >> thanks so much, maria. maria: on this troubling development. thank you, heather hanson joining us. coming up, the far left's new corporate target, the criticism facing home depot this morning over its stance on georgia's voting law or non-stance. and get paid for showing up, how one mcdonald's is trying to address the worker shortage. it's making a buzz this morning. we'll tell you all about it. stay with us. ♪
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maria: welcome back. home depot is now facing backlash from black faith leaders over its apolitical stance on georgia's new voting law. the retailer has 90 stores throughout georgia, employs 27,000 people. the company says it is going to, quote, continue to underscore our statement that all elections should be accessible and fair and to continue to work to ensure our associates in georgia and across the country have the information and resources to vote. dagen mcdowell, the company takes a stance that everyone else agrees with but it doesn't attack georgia's law and it gets
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attacked anyway. dagen: right. i choose the walk over the talk. and what i am speaking about is home depot has a large initiative to ensure that its associates, the people who work for the company in georgia just specifically register to vote. this is some information from home depot. they have a get out the t vote initiative. 15,500 voter registrations among its associates. 1800 associates. they work to help allow them to volunteer at polling locations across the country. 600 tech workers, volunteers in atlanta to support tech and cyber security issues related to the election. and then home depot even donated more than 9,000 plexiglass dividers in georgia to help polling safety requirements. home depot is worried about the
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people who work there and the customers and the community at large. so a statement, some people might be upset with the statement but i would side with what they do in action rather than what they do -- putting out a statement, trying to appease, i don't know, the left wing. maria: that's spot-on because that's all it is, appeasing these loud mouths who are just driving a fair of testify that's not even -- narrative that's not even true. maybe home depot actually read the law in georgia and recognized there's absolutely nothing wrong with it, mark tepper but because they weren't going along with the loud mouth narrative to muddy up georgia and the gop ahead of the senate race next year, they get attacked by the left. it's absolutely outrageous. home depot did everything right. >> they did. we own home depot. i love the company, great management team. everything about them is great. we've got a red hot housing
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market, so great company. i prefer when companies stay out of politics. home depot exists to serve their stakeholders and they treat their employees very well. they're doing a great job. they don't exist to play political games with groups on the left. right? and all of this complaining about georgia's voting laws, it's irritating. it's meant to provide everybody with an opportunity to vote, while maintaining the integrity of the election, by making sure everyone votes once. you need an id. it's not a big deal. if you're financially disadvantaged, you just got 1400 bucks dropped in your lap. a state id in ohio where i live is 10 bucks. a voter id in georgia is free. don't tell me you can't afford an id. it's all narrative. maria: well, it's all narrative and you know, it's really a strategy. herschel walker was on the show on sunday, made such a great point, that the left is trying to muddy up georgia and the gop,
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going into the senate race in 2022, so that raphael warnock keeps that seat. that's what this is about. this is about the majority in the senate, the majority for democrats and that is why companies have to be very careful to ensure that they understand what they're talking about before they just jump on that bandwagon. that's what we saw with so many companies, major league baseball really hurt the city of atlanta and georgia in general by taking that all-star game out. mark. >> yeah, they really did. i mean, i don't understand what mlb did by moving the all-star game from georgia over to colorado where in atlanta 51% black, in denver it's 9% black. so i really don't know what mlb -- maria: that's a great point. >> -- did in that entire situation. it's a complete joke. all of these organizations and companies, they're getting bullied.
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that's what's happening right now, they're getting bullied and to stand your ground, i find that to be a noble trait. maria: border emergency, texas attorney general ken paxton is here on the migrant surge reaching record levels, the lawsuit behind texas against the biden administration. then, travel optimism comes back, american airlines and what it's doing to prepare for an uptick in travel demand. you're watching "mornings with maria" live on fox business.
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with quality that's guaranteed for life, bath fitter doesn't just fit your bath, it fits your high standards. why have over two million people welcomed bath fitter into their homes? it just fits. call now or visit bathfitter.com to book your free consultation. maria: welcome back. good wednesday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is wednesday, april 21st. a look at markets this half hour where features are searching for some direction this morning. we do have a negative tone overall. dow industrials down 9 points, nasdaq down 28 right now and the s&p 500 weaker by 2 points. the dow and s&p 500 extended losses yesterday as well.
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suffering the biggest declines in a month as the number of coronavirus cases is rising once again outside of the united states. the dow industrials were down 256, the nasdaq down 128 and s&p 500 down 28 at 4:00 on wall street yesterday. european markets posting modest gains this morning, amid strong earnings reports, positive economic data in the eurozone. the ft 100 is up 13, cac up 22 and dax index higher by just 2 points this morning. in asia overnight it was pretty much declines across the board, japan once again the worst performer, pandemic concerns there weighing on markets with the nikkei average down better than 2%. meanwhile, this. new evidence this morning that shows russia is increasing its military presence in crimea. cheryl casone with details there. cheryl: that is right, maria. good morning. satellite images obtained by the wall street journal show an increase in russian fighter jets on the peninsula and
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redistribution of military assets in the region. william burns testifying before congress last week that the buildup might be meant to intimidate the ukraine government and send a message to the biden administration. on a call last week with putin president biden called for deescalation with ukraine and said he was prepared to take strong action if necessary. another reason to get in a good night's sleep, a study out of the u.k. shows sleeping for six hours or less a night could be linked to a higher risk of dementia. the study looked at 8,000 people between the ages of 50 and 60 over 25 years, those who slept six hours or less were more likely to develop dementia than those who slept seven or more hours a night. and finally, another sign the airline industry is recovering from the pandemic, american airlines announcing plans to start hiring pilots again this fall, going to add 300 pilots by the end of the year and double that in 2022. last week, american announced it plans to fly more than 90% of
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the 2019 domestic schedule this summer. taking a look at american in the premarket, it is higher by a quarter of a percent. those are some of your news headlines from the newsroom. back toking. maria: thank you so much. the growing border crisis, the number of aunapcompanied migrant children jumped 800% between january and march of this year. the report shows 275 minors are entering the country every day on average, the influx likely will not be letting up any time soon as the biden administration projects the surge of unaccompanied migrant children could last for months. joining me right now is texas attorney general ken paxton and ag paxton it's great to see you this morning. thanks very much for being with me. you have sued the administration over its procedures for deporting undocumented immigrants who have been convicted of crimes. you're asking a federal judge to compel the department of homeland security to take them into custody before they are
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released by local or state law enforcement. tell me about this suit and the impact on the state of texas that you've seen. >> sure. it's almost hard to believe that i'm saying this but the president of the united states has really directed i.c.e. not to issue detainers when individuals who are here illegally, who have committed crimes, are in prison, are being he released, instead of grabbing them and sending them out of the country, i.c.e. is directed not to do that anymore, to let these convicted criminals who are here illegally stay in the country, whether it's texas or any other state. floss reason i can think of for doing they that. we sued over that. we think that's a violation of federal law and we think we can win this in court. maria: it's just extraordinary because this has implications throughout our country. one border agent source that i was talking with yesterday was telling me about the incredible amount of drugs and that's one of the crimes that we're talking
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about. he found 69 pounds of fentanyl, that's up 5,400% year over year. 49 pounds of heroin, up 4,100% over a year. ag paxton, we have a drug problem in this country and it starts at the border, doesn't it? >> yeah, it's pretty sad. this happened during the obama administration. president trump found a way to curtail illegal immigration and he was able to curtail the importation of drugs, human trafficking, all kinds of crimes that are happening along the border. the cartel has amazing access that they didn't have a few months ago, before president biden came into office. it's really shocking. but it's not surprising that these are the results we've got. that's what i don't understand. i do not understand why the biden administration is doing that, knowing that the model that was set up under obama didn't work, allowed for more crime. the model under president trump curtailed the crime. we moved back to a model that harms americans and i'm not sure
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benefits the migrants who are subject to these cartels. maria: and you know, the story line for the last couple of weeks has been these incredible detention centers that are overcrowded with a capacity of 250, you've got 4,000 people jammed in there. now i'm being told that things have been alleviated a bit because they're quickening up the process. they want to get these people quickly processed and into the interior of our country. more than 15,000 migrants have been fast-tracked for release from federal custody without formal court notices since the recent migrant surge, according to texas congressman henry cuellar. is the whole point to get people into the system and into the interior of our country, they're not even given court dates. >> that would not surprise me at all. i have visited two detention centers last week, one in san antonio that had over 2,000 kids in it and another one in midland that had fewer. the kids were all packed in. they were full after two weeks
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in san antonio. i was trying to figure out where are you going to put people if you filthies up. the only way to deal with that is to move them in and out. they're being secretive. they're not being transparent. they don't want the media to know, they don't want me to know when the kids are coming in and when they're leaving. it's not an open process and there's a reason for that. maria: you're the attorney general of texas. what do you mean secret? they're not telling you what's going on in your own state? >> i will say this. i was in midland with the district attorney out there and we both went out there and we were not greeted by anybody in charge. we were met by a security guy from homeland security, he took us around. we didn't see any kids even though we knew they were there. i talked to a staff member who was part of feeding them and was able to get a number about how many he was feeding. that's the only way i could find out how many people were there. they were putting tarps over the fences so that you couldn't see in. they definitely don't want anybody to know how many kids
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are there, what's going on, when they're moving theming when they're coming in and where they're going. maria: why not? >> look, it is a humanitarian disaster like i don't know that i've ever seen in my life in the united states. it's created by policies that were brought on by the biden administration. i don't think -- that's the whole reason i think that the biden administration is avoiding the president, the vice president are avoiding going to the border. they don't want to draw attention to this, they they want to keep it as secretive as possible. they continue to bring these illegals through the country and ship them out somewhere else other than texas and really all over the country. maria: well, somebody else was telling me that they are finding kids left on the river banks. are the smugglers just dropping kids off to distract the border agents on the ground so that the smugglers can get through and the pour deer agents -- border agents are forced to go find kids that are lying on the river
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banks? what's going on with the kids we're hearing about who are being just left on the river banks? >> you know, maria, that's one of the saddest parts, as i saw this happening. i know this is happening along the border. you realize the supposedly benefits the kids as they're coming from a country that is struggling, but i'm not so sure that's true. one, they're being subjected to cartel control. some are being subjected to human trafficking and other abuses and crimes. they come to this country and they're in a facility where there are thousands of kids, they're exposed to covid and other diseases they don't have anything to do there. they're sitting there eating every meal. they're being fed. they have nothing to do. and where will they be sent? who will take care of these kids for the rest of their lives or until they're adults? i'm not sure we're doing a service even to these kids who are coming from these other countries. maria: well, that was my next question. where are they going once they're processed, ag? i mean, you've got them going
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through the process of coming into the country. they're not getting court dates to come back. but the children are being sent to so-called sponsors and then what? are they just acclimating themselves into america at that point? >> you know, i asked that question. i didn't really feel like i got a very good answer in san antonio. they said 80% of the kids have connections to family or close friends. i can't believe that's actually true. supposedly they're being sent to people they know and family members. i don't think that's accurate. i have no idea. to me, that's one of the most important questions to get the answer to is where are these children being sent, who is going to take care of them and as you have thousands more coming, what do we do with the new thousands, is this a continual process of sending them out somewhere and we don't know where they're going? maria: have you heard from anyone in the administration in terms of what they're going to do with this? and i also want to get into the suit that you've got in big tech
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against google. what is the media doing in terms of censorship of this story? you say they don't want people, the administration doesn't want to make a big deal, doesn't want to put the spotlight on this. the media is enabling that. >> there's no doubt. if this were happening under the trump administration it would be considered a humanitarian crisis. it is a humanitarian crisis and it would be a humanitarian crisis under any president. i am very concerned about the citizens in my state and the effect it has economically and socially. when i've seen these kids, i start thinking about what kind of lives are they going to have. i'm sure when they came here they had no idea they would be sent off to who knows where and i just really wonder whether we're not doing them a huge disservice all in the name of whatever, virtue signaling or some type of political agenda. maria: and in terms of the suit against twitter, what can you tell us about social media? what do you want to see done here, ken? >> so i'm very concerned.
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i've been very concerned since -- for several years. we started investigating. this is why we filed a lawsuit several months ago against google. we feel they have complete control over the advertising market. it affects consumers, competition, other businesses and so we want to see some type of structural reform so there is competition, so consumers have a choice. and that's true with a lot of these media companies. they can deplatform or take away your ability to compete as a business or your ability to compete as a politician or your ability to get your message out. so we have serious concerns about their power, the ability to control the marketplace and their ability to control speech. maria: yeah. many people do. you're right. we'll see if anything happens, given the fact that the democrats are in the majority. but section 230, anti-trust issues all on the table at some point for social media. general paxton, always a pleasure to talk with you. thanks so much. >> thank you. have a great morning. maria: you too. we'll see you soon. a ag ken paxton.
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coming up next, apple's next generation, the hotest gear from the spring event. we will show it to you. and get paid just for showing up, how one mcdonald's is solving the worker shortage, it's making a buzz this morning. we'll tell you about it when we come back. you're watching "mornings with maria," live on fox business. ar? -well, audrey's expecting... -twins! grandparents! we want to put money aside for them, so...change in plans. alright, let's see what we can adjust. ♪♪ we'd be closer to the twins. change in plans. okay. mom, are you painting again? you could sell these. lemme guess, change in plans? at fidelity, a change in plans is always part of the plan.
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maria: welcome back. a podcast subscription and new versions of your favorite tech gadgets, apple unveiled a new lineup of products. my next guest giving his take on the ones you cannot miss. we're back in two minutes' time. - hi, i'm steve. - i'm lea. and we live in north pole, alaska. - i'm a retired art teacher. i enjoy drawing, painting. every morning we do our exercises before we get into our routine. - as you get older,
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maria: welcome back. apple's new lineup, the company unveiling a new i-mac and ipad pro 2021, apple air tags and a new apple tv at its spring event yesterday. joining me now is editor in chief, mark spoonauer. thank you for joining us. what did you think of the lineup. tell me what you think are the top three products from the apple event yesterday. >> sure. actually, the top product for me was the cheapest. it's the air tag. it's a product that i think everyone needs. when you lose your keys and you're trying to find them, this is a device that will not only emit a beep, it will show you where the device is in your house using augmented reality and the chip in your iphone. you have no excuse for losing your keys, it's pretty cheap. that was sort of the unsung hero
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of the event t show stopping was the i-mac. they have completely redesigned their all in one pc and now it has m1 power built in like the mac books. they've also made it incredibly thin, a wide array of colors and the display seems to be one of the best we've ever seen on a computer of this size and they increased the size to 24 inches. so i think in terms of like a work from home pc this could be the best one yet. they improved the cameras, microphones and speakers. it's very impressive. third on my list is the new ipad pro. i think it's great in -- the squeezed the m1 chip inside an ipad and the display looks great. but they also increased the price. when you add the cost of the keyboard, you're actually in excess of mac book pro territory so i don't think it's necessarily a mac book killer. if you want a tablet, it's the most powerful one yet. maria: wow.
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interesting. go back to the mac book pro for a moment. what am i getting in this laptop that i don't have in the current apple? ?the last upgrade. >> i think with the ipad pro, the most important upgrade is the display. it's the same screen you see in their professional $6,000 monitor that they squeezed into something that is 12.9 inches. it rivals some of the best tvs out there. if you're a creative professional and you need to edit on the g it's important for you. the m1 chip makes it the fastest out there. it blows away devices like the surface pro. it will take a while for the competition to catch up. maria: will we need new assisting products like the plug that we have to buy new, given the different new products? >> not necessarily. i mean, i think the power is pretty much the same as before. what's interesting about the
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i-mac is that it comes with a really -- like a cool magnetic connector for the power and the ethernet is actually in the power brick so apple's doing a good job in terms of trying to save space. maria: i love it. really good stuff. thank you so much, mark. >> thank you. maria: all right, mark there on the apple products. when we come back, get paid just for showing up. how one mcdonald's is solving its worker shortage issue, it's making a buzz this morning when we come back. stay with us. ♪ we made usaa insurance for members like kate. a former army medic, made of the flexibility
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maria: time for the morning buzz. get paid just for showing up. one mcdonald's in tampa is offering $50 for prospective employees to come in for an interview, the location struggling to hire employees because of increased competition as many businesses reopen and workers reluctant to take frontline jobs at fast food restaurants. the general manager is offering signing bonuses and allowing people to apply via text. dagen, what do you think? dagen: get them in the door and wow them. i love this idea. it is a testament to how difficult the hiring environment is right now for the couple reasons you laid out. the s cvs across the street from where i live, they have trouble keeping people. they have trouble opening on time too, i might add. so it's a struggle for businesses. maria: yeah, mark, what does that say about where we are in this economy with the struggle to get employees in place? mark: it's sad it's gotten to
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this point, maria. companies out there, they can't find workers. they can't fill jobs. there's just no incentive for people to work when you've got unemployment benefits as rich as they are right now and then you throw in the whole gig economy thing and people can -- they can go out and work those flexible alternatives. my family and i, we went to two restaurants over the last two weeks. probably two of the worst experiences i've had. we walked into restaurants with plenty of open tables, but no servers to actually take care of the guests. we had a three hour long lunch. that's absolutely crazy. but that's the problem we're facing right now as an economy is there is no incentive for people to go to work. it's hurting not just big companies like mcdonald's, but also hurting small business as well. maria: yeah. well, we'll see where that goes the rest of the year as the economy slowly but surely reopens. dagen: you want to wait on me because i tip like a crazy
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person. and i am not joking. i -- maria: good. dagen: especially during the pandemic. people would look at me -- mark: supply and demand, i need the server coming to my table. i'll do the same. we'll fight for that server. dagen: i haven't eaten indoors in a restaurant in over a year but look out when i do, because i carry cash. maybe i shouldn't say that in new york city. [laughter] maria: i like it. all right. we will take a break. when we come back, reining in big tech, utah senator mike lee is here ahead on potential regulation with a key apple executive testifying on the hill today. we will preview that. it all starts next hour. "mornings with maria" is live on fox business. ♪ i can't feel my face when i'm with you. ♪ but i love it. ♪
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maria: welcome back. good wednesday morning, everybody. thanks so much for joining us, i'm maria bartiromo. it is wednesday, april 21st. your top stories right now, 7:0.
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arizona has declared a state of emergency at the border. the state deploying national guard troops to help with the migrant surge. netflix subscribership is down, the growth is slowing. the streaming giant's shares are down this morning after missing membership expectations last night. we're looking at a selloff of better than 8%. rest of the markets right now are fractionally moving, searching for direction this morning as you can see, the dow industrials now positive, up 47 points. but the nasdaq is down 8. s&p 500 higher by 5 and a quarter. the dow and s&p 500 yesterday extended losses, suffering the biggest declines in a month as a number of coronavirus cases rise around the world. the dow industrials were down 256 points yesterday, the nasdaq lower by 128 and s&p 500 down 28 on the day. european markets this morning are mostly higher, strong earnings news here and positive economic data driving markets. the ft 100 up 36, the cac up 48 and the dax index higher by 55.
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in asia overnight, red ayou cross the board. gentleman man was the worst performance again, the pandemic concerns continue to weigh on markets there. nikkei average lower by better than 2%. "mornings with maria" is live right now. now some of the top stories we're watching this morning 6789 a jury has found derek chauvin guilty on all charges in the death of george floyd including second degree murder, third degree murder and second degree manslaughter. the former minneapolis police officer immediately taken away in handcuffs. the verdict prompting some celebrations across the country from new york to los angeles. president biden called the conviction a giant step toward racial justice. he urged lawmakers to pass the george floyd justice and policing act. chauvin faces up to 40 years in prison, sentencing is expected in eight weeks. the governor of arizona headed to the border after declaring a state of emergency in response to the growing migrant surge. the governor saying he's done
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waiting for the biden administration to act. he has deployed 250 national guard troops to assist at detention centers to help track cartel movements. and chinese president xi jinping is expected to speak at a blow global leaders -- global leaders climate summit tomorrow. the two countries issued a statement about the climate event, explaining how they could work together to tackle the climate crisis. this follows two days of talks led by u.s. special envoy for climate, john kerry, and his chinese counterpart. house democrats launch an investigation into did contractor that ruined 15 million doses of the johnson & johnson vaccine, lawmakers are questioning whether emergent biosolutions used its ties to a trump era official to secure federal contracts without meeting qualifications. this as the european union begins redistributing the johnson & johnson shot after declaring blood clots are very rare as a side effect. taking a look at the premarket
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on j&j this morning, it is down about a quarter of a percent. time for the word on wall street, top investors watching your money this week. joining me right now is mitch roschelle, wealth management president, rebecca walser and president and ceo mark tepper. rebecca, we've got markets trading mixed this morning, investors are obviously watching earnings, netflix reported first quarter results last night, reporting 4 million new subscribers globally, lower than the 6 million analysts expected. the stock is down 8%. what's your take on the earnings season so far? are you getting what you want to hear in terms of guidance for the rest of the year? >> well, not from netflix. i think the market overall had a good, strong earnings season so far, maria. if we look at netflix, if you look year over year, they went up 24% in revenue. what we're focused on is this net subscriber miss. obviously only just under 4 million, when we expected 6.2.
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they're now forecasting that we're only going to get about a million new subscribers per quarter and if you go back and look at the trends, maria, for when they add their subscribers, it's usually the first quarter of the year is the biggest add. so this is really disappointing that they missed such a big way in the first quarter. what they're saying is the reason is the fact that the production of 2020 pushed everything back, didn't have a lot of their shows returning at the beginning of the year like they formally do and that will all be pushed to the end of next year and -- second half of this year and it's not a competition thing but i can't help but think, maria, that disney plus and comcast peacock and all these other of things are really starting to maybe compress the subscription growth of netflix. maria: and they're going to need new content. that requires more investment is the expense side of the business also a concern for investors then? >> well, content is king. they're saying if they get back, they've got the production
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schedule pretty much resumed, they're going to spend 17 billion in cash this year producing content. the shows that make people buy netflix over anything else or in addition to anything else, they have to keep the content going or they're going to have some serious competition really now especially from the disney side. maria: absolutely. that makes sense. mark, let's torn the broader backdrop -- turn to the broader backdrop, the economy, inflation concerns that keep bubbling up. procter & gamble is planning to increase prices on a number of essential products this fall. the company says it's in response to higher costs of raw goods and transportation. will inflation become a problem, dampening an otherwise pretty good growth story for the economy. >> what you're seeing is textbook inflation, too many dollars chasing too few goods, that leads to higher prices. that's what we're seeing. we're seeing higher input prices, lumber is up 300% of the
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last year. p home builders are starting to pass that through. paper, pulp and applied products, that's up about 25% over the last year. so companies are going to have to pass some of that onto the consumer. that could hurt. but remember, i mean, the consumer has gotten a lot of money over the course of the last year as well. so when it comes to procter & gamble, look, it makes sense that you're going to see mid to high single digit increases in those paper related products, later this year. we all remember the toilet paper wars from last year. you know. the empty shelves in the grocery stores. so procter & gamble has been the pandemic winner and they continue to pick up market share but they can't continue to pick up market share while putting pressure on their margins. they can't give their stuff away for next to nothing. procter & gamble, this is a company with a long track record of profitable execution, one of the best consumer staples you can own.
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that's why consensus is expecting a 10% dividend hike in the second half of this year. so to get back to your question about will inflation hurt the economy, will it hurt the market, it's going to slow economic growth without a doubt. as long as economic growth remains higher than whatever the inflation rate is, and i think right now we're expecting above trend economic growth and if you look at the ppi numbers which flow into inflation, year over year that's about 1.9%. so right now economic growth does have the edge but as inflation continues to creep up, yeah, it's going to slow growth and it's going to he slow the bull market that we're in as well. maria: you know, it's interesting because the areas that have been the pandemic losers are the areas that analysts are now looking for growth. so mitch, i'm talking about air travel. united airlines reported lower than expected first quarter results yesterday, the ceo, scott kirby, said that international and business travel will with not fully recover until next year. some companies are looking
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forward. american airlines announcing it's going to resume hiring pilots later this year. what's your expectation for the airline sector? when would you expect the normalization and i guess it also has to do a lot with business travel. will businesses want to send their people to conferences and get on jets again? and what about the international side of things? do you have any visibility there? >> well, if you look just sort of taking it in reverse order, international, there's very few countries right now that the cdc and the state department are saying it's safe to travel to. so i don't see that happening any time soon. business travel's going to be really hard. i think businesses were looking at earnings season, we're seeing how well businesses are doing and one of the ways they're doing well is they're cutting costs. the typical corporate boonedoggle, i don't see that coming back any time soon and from a macroeconomic perspective, the airline industry -- this is their own data so it's self-serving. they say that the airline
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industry supports $1.7 trillion worth of the u.s. economy if you look at the airline industry and all the businesses tied to it. i don't see business travel coming back any time soon. they're operating at 50% capacity. i think it's going to be a long road with a lot of pun intended head winds for the airline industry. maria: yeah. well, you know, you're right. because most conferences are still now virtual and they're still utilizing zoom meetings and such to continue those conferences but not in person. we'll keep watching all of that. mitch rochell, good to see you, rebecca, good to see you. thanks very much, please come back soon. mark tepper, you're sticking around all morning. thank you. when we come back, the border crisis is worsening, arizona congresswoman debbie lesko is here on her state declaring an emergency, sending national guard troops to the southern border. and mike lee will join me to discuss big tech regulation. a big apple executive is preparing to testify before leaders. beijing's he global ambitions,
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marco rubio will join me to explain the potential climate deal with china benefiting as opposed to the u.s. also joining the conversation all morning long, dagen mcdowell and mark tepper. we'll get back to this panel when we come right back. you're watching "mornings with maria" live on fox business. ♪ i've got the eye of the tiger. ♪ a fighter, dancing through the fire. ♪ because i am a champion. ♪ and you're going to hear me roar. ♪ (vo) ideas exist inside you, electrify you. they grow from our imagination, but they can't be held back. they want to be set free. to make the world more responsible,
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>> u.s. border patrol is overwhelmed. yet we still haven't received an adequate response from the biden administration. that's why today i am announceing we are deploying the national guard on our own. maria: that was arizona governor doug doocy yesterday declaring a state of emergency in arizona, deploying 250 national guard troops to help law enforcement at the border. joining me right now is arizona
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congresswoman, homeland security committee member, debbie lesko. congresswoman, great to see you this morning. thank you for joining us. tell us what's going on in arizona to warrant a state of emergency. >> well, this is biden's border crisis. there's no doubt about it. all of his policies are encouraging all of these people to be used by the cartels, pay thousands of dollars, travel thousands of miles, be abused by the cartels to come here and governor doocy just had enough. he asked the biden administration i think a couple weeks ago for money to cover giving national guard down at the border to help law enforcement. as far as i know, they refused. and so he just took it upon himself. he's using state money, at first $25 million to send the national guard down to the border communities to help with law enforcement because there's thousands of people flooding the border. i mean, you've all heard it.
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they're flooding the border. the kids are coming over. they're in super crowded conditions, no covid testing. they're flying these people all over the country without covid tests, without id. it's just unconscionable what the biden administration is doing and quite frankly they're doing nothing about it. they haven't even gone to the border. maria: you haven't gotten a response from vice president kamala harris or president joe biden. yesterday was a very emotional day for a lot of people, the death of george floyd is absolutely a tragedy. this police officer, derek chauvin, now facing 40 years in prison. also equally -- i mean, just a tragic all around. and yesterday we heard from kamala harris and joe biden trashing america for 10 minutes yesterday in their speeches, coming out, going to the podium,
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telling us all how terrible america is, why america is so racist. i mean, instead of lifting us up, they just knocked us down. this, the leader of the free world telling us how terrible america is, no wonder we get schooled by communist china. and yet at the border, you've got an infant being thrown over an 18-foot wall, left for dead. our agents have to go rescue these kids and then take them off the beat. you haven't heard anything about any of this. all of these kids that are going through sexual abuse on their trek to america and yet they're trashing america about how bad we are and how racist this country is. >> yeah. it's really, really unfortunate that that's what happened. but it's appalling that kamala harris who is appointed to be the czar of the border security crisis hasn't even gone to the
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border. i heard a member of the border caucus here in congress and i met with ken cuccinelli yesterday. he said this is the worst crisis in history. it's not just 10 years or 20 years ago. in history, this is the worst border crisis. he also confirmed to me that a lot of these kids are being put into slavery if their families aren't paying off the toll to the cartels to transport them here. maria: unbelievable. >> or they're being killed. or they're being killed right near the border. it's just unconscionable that the biden administration is doing nothing about this crisis. maria: absolutely nothing. and then you've got maxine waters putting fuel on the fire, dividing this country even further. democrats have blocked gop leader kevin mccarthy's resolution to censor maxine waters for her comments over the
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weekend. she urged protesters in minnesota to, quote, get more confrontational if derek chauvin is not found guilty. your reaction? >> it's a sad day in america when not one single democrat sided with saying something censoring maxine waters about her terrible conduct in minneapolis. you know, it's just a sad day in america when the president of the united states and the vice president of the united states don't applaud that our justice system passed the test. justice was served. instead, they say we're all racists. that's just not true. it's not true that every police officer is racist in america. it's a false premise. and i will stand up against it and support police and, you know, of course bad actors have to be brought to justice and that's what happened yesterday. maria: well, that's right.
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and unfortunately joe biden weighed into this situation even before the verdict was read and took his comments about systemic racism and used that as a jumping off point to get policy passed by congress. he says he wants congress to act. this on the day that we hear this verdict that will dictate a man's fate and remind us of a tragedy of george floyd. i mean, this was the moment he's pushing gun control and he's pushing policy from congress, as he's telling us what racists america is. that speech yesterday was extraordinary. >> yeah, you're right. i hope that we can try to unite as americans. it's very difficult here in washington, d.c. when i have some of my colleagues name calling us republicans and it's just not civil. it's not a civil environment.
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we need to get back to common sense, working together for the benefit of america. but i don't see that happening any time soon. you know, as evidenced by the comments that were made yesterday. maria: well, it requires leadership, congresswoman. and that's what we're all searching for, leadership to lift this country up. so far, it's just not there. congresswoman, it's good to see you. thanks very much. we'll keep watching all of that. debbie lesko dealing with a crisis in arizona right now. coming up, pushing back on cancel culture, the plans for former vice president mike pence's upcoming book, the publisher's message for the progressive left and then amazon gets into the beauty industry, the tech giant opens a hair salon, they'll let you see the finished product before getting in the chair. it's all making a buzz this morning. stay with us. maria: this week on "mornings with maria," tomorrow china's communist party threatening
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military action over u.s. ties to taiwan. ian bremmer lays it out in the global stakes. and friday, close out your week with the word on wall street, insider tips on where to allocate capital now. it's all right here on "mornings with maria." [announcer] durán catches leonard with a big left. ♪♪ you can spend your life in boxing or any other business, but one day, you're gonna take a hit you didn't see coming.
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and it won't matter what hit you. what matters is you're down. and there's nothing down there with you but the choice that will define you. do you stay down? or. do you find, somewhere deep inside of you, the resilience to get up. ♪♪ [announcer] and this fight is a long way from over, leonard is coming back. ♪♪ ♪♪ ♪♪
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maria: welcome back. book publisher simon and shuster said it will public mike pence's book, despite facing backlash from some of the company's employees who claim publishing pence is quote, legitimizing bigotry. the decision is said to be one that runs counter to the mission to publish a diversity of voices and perspectives. dagen mcdowell, nice to hear
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jonathan karp speak honestly about the realities that this country is facing right now and take the right decision here. your thoughts? dagen: but this speaks to also how upside down, backwards and insane this country and really the world has become where you will have a company or a book publisher reacting in a knee-jerk way to a few people online, on social media who just automatically go racist, big bit and you get the statement. this is what passes for courage and fortitude in this day and age to say, hey, we're not censoring a book of the vice president -- of the former vice president of the united states. it speaks to the insanity of the age. good for simon and shuster but
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woe is us. maria: this is all coming from the top. did you hear vice president kamala harris yesterday right after the verdict for george floyd's death was reached? i mean, 10 of minutes of telling us what a racist country this is, 10 minutes, mark, of telling us this is systemic racism, instead of lifting us up, they trash this country. no wonder we get schooled by communist china. dagen: i want to add -- i want to adjust really quickly on that note. the more that companies and institutions censor speech and -- because people are uncomfortable talking openly about the hardest issues of the day, including racism. people are nervous about it. and i don't mean online but just in the real world. that needs to be encouraged, not suppressed. and i think that the direction
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that the nation needs to go in is to foster those conversations about -- to understand other people's circumstances and what they've gone through. but from the top down, that is not a conversation that's being encouraged. mark: no. when you look at what kamala harris said yesterday, and it's pretty impressive that suddenly she's appears. you didn't see her at the border at all but she did make her appearance yesterday. you know, it's gas lighting. if you tell someone they're crazy for long enough, they start to believe they're crazy. if you tell someone they're racist long enough, they start to believe they're racist. that's a problem. you don't want that coming from the top. simon and shuster, good for them, they stood up to the bully. remember the christmas story when ralphy stood up to the
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bully? in simon and shuster they're out of business if they don't publish. if you're an employee, you're there to support the business. if you don't like the core values of the company you work for, you've got some options. it's a free country. this is capitalism. quit. take your talents elsewhere. don't sit there and collect a paycheck so you can have your cake and eat it too. put your money where your mouth is and quit and go elsewhere. maria: why didn't they do that at google instead of complaining that google was doing business with the trump administration and instead they walk away from a pentagon contract because employees were upset but they're perfectly fine operating in communist china. again, this situation is totally upside down. we're going to take a break and then we're going to talking about reining in big tech, utah senator mike lee is here, we'll talk about today's capitol hill testimony from a key apple executive. and the french way of adapting to restaurant closures, how
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chefs are changing where they look amid the lockdowns. it's all making a buzz this morning. stay with us.
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every day matters. and i want more of them. ask your doctor about verzenio. maria: welcome back. good wednesday morning, everybody. thanks so much for joining us, i'm maria bartiromo. it is wednesday, april 21st. a look at markets this half hour, futures are searching for direction this morning, dow industrials are higher by 18. the nasdaq is lower by 25. s&p 500 sitting right around the breakeven level, up one half of a point. the dow and s&p 500 yesterday suffered losses, the biggest declines in a month as the number of coronavirus cases continues to rise outside of the united states. the dow industrials were down 256 points, the nasdaq was down 128 and the s&p lower by 28. european markets also posting modest gains this morning. we have strong earnings reports and positive economic data in the eurozone, lifting the ft 100 by 27. the cac right now up 37. and the dax index higher by 26. in asia overnight, red across the board. japan the worst performer here,
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the pandemic concerns weighing on markets there. nikkei average down better than 2%. hong kong with the hang seng down one and three quarters percent. protests erupting in columbus after police release body camera footage following the deadly shooting of a teenage girl. cheryl casone with this deadly story. cheryl: that's right, maria. good morning again. demonstrators gathered yesterday outside the columbus police department shortly after that footage was released. in the video, an officer approach as girls are seen fighting, one girl appears to try to stab another girl when the officer fires four shots. then you see the aftermath with shocked onlookers and the victim lying on the ground. the teen's family identifying her to local media as mikia bryant saying she had been in foster care. the interim police chief is defending the use of force and promising a thorough investigation. discord calling off talks to
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sell to microsoft or any other potential suiters. they plan to stay independent and will consider an ipo in the future. reports swirled that microsoft was in talks to buy discourse. it was valued at $7 billion last year. well, toshib saying no thank you to a takeover, rebuffing an offer by cbc capital saying it lacked details and they prefer to stay a public company. toshiba said in a letter it would consider a deal to take the company private if a more detailed proposal was offered. finally this. viral video to show you out of wyoming. a jogger has an unbearably tense moment while on a run out in grand titon national park, facing off with a black bear. you can see the bear approaching
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him. he was within yards of him. the bear followed him like this for half a mile before finally giving up and going into the woods. the runner did have bear spray, by the way. just to let everybody know. he just didn't have to use it. [laughter] maria: that is great. wow. what a video. that is something. thank you, cheryl. cheryl: you bet. maria: watching earnings, take a look at verizon on the screen, beating expectations, raising estimates. we want to look at big tech, apple and google sending representatives to capitol hill to testify on anti-self testifye practices tied to app stores. this comes ahead of apple's trial against epic games, accusing the tech giant of using market control to harm innovation and distribution. joining us now is mike lee. senator, great to see you this
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morning. thanks very much for joining us. tell us what we should expect from this upcoming hearing and what do you want to see happen with big tech? i was talking with steven miller the other day on sunday morning futures and he says, look, republicans need a plan in terms of big tech once they get the majority back to be ready to ensure that there's accountability here for censorship and a anti-competitive behavior. what's your take? >> well, maria, today's hearing is going to focus on the two major app store owners, apple and google. and how they treat app developers in this space. specifically, how they treat those app developers that offer services that compete with things that they themselves, that apple and google offer. we want to figure out whether and to what extent they're distorting market forces and they're allowing or thwarting competition. competition brings quality up and prices down. we want to make sure that our current laws are sufficient to address that. maria: yeah.
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so tell me about that. you're in the minority. what can the republicans do here to ensure that we are looking at this group, this industry differently given the power and dominance that big tech has become? >> yeah. anti-trust policy, competition policy generally tends to be something that doesn't change frequently and when it does change it tends to be brought about as a result of bipartisan consensus. this isn't an area that's necessarily fraught with a lot of partisan rancor. we do have a tech sector and a few giants within the tech sector that are really testing the limits as far as what the market can handle and whether the market can correct itself. like i say, that's why we're looking at this, trying to figure out whether our competition laws are up to the task, whether they're adequate in and of themselves.
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my overall view is that competition policy and anti-trust law in particular is not necessarily something that should change a lot. but from time to time adjustments need to be made and we're trying to figure out whether that's necessary. maria: senator, let me switch gears, ask about the legislation that you are introducing would strip major league baseball of anti-trust exemption that it has benefited from for nearly a century, comes after the league moved july's all-star game from atlanta over the state's new voting law. senator, what's your take on what's going on here? because obviously some companies have come out against the georgia law including the major league baseball taking its all-star game out of there. what exactly are they reacting to? did they not read the law? home depot tried not to get involved. they got trashed anyway for staying out of this because probably they saw the law and realized there's nothing wrong with it in terms of asking somebody to have an id to vote.
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>> my best guess is that most of the people who came out against the law hadn't read it. if they had read it, they didn't pay attention. if they read it and paid attention, they were engaging in some sort of rank political active i and gunning for the left. i don't know what was the case with major league baseball. for all i know, perhaps they saw that they could make more money if they held the all-star game somewhere else. what i do know is that it makes no sense for them to maintain and enjoy a complete insulation, a complete exemption from anti-trust laws, going all the way back to oliver wendell holmes opinion in 1922 case before the u.s. supreme court. there's no reason why baseball ought to have that exemption. that exemption was created out of thin air by the supreme court and when i first saw major league baseball was doing this, i thought this was a behavior of an entity that cares not what anyone says or thinks in
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response to its actions. it certainly shouldn't have a farcical anti-trust exemption to embolden it into taking ridiculous actions like this one. maria: does this not come from the top p? president biden came out and trashed the georgia law. he compared it to jim crow 2.0 is what he called it. you know, yesterday on an emotional day, such an emotional day when we get the verdict in the george floyd killing, derek chauvin facing 40 years in prison, you've got kamala harris and joe biden coming out and for 10 minutes getting in front of a podium and telling us how racist this country is. okay. the vice president of the free world telling us that this is systemic racism. i mean, words matter. this is coming from the top. no wonder companies took a cue from joe biden and started attacking georgia because that's what he said. now here we are, we needed to be
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lifted up on a day that we were all just terribly upset by the whole thing. george floyd's death, this police facing 40 years, i mean, the whole thing. and they're coming out telling us we're systemic racists. >> i have a bone to pick with those who would compare laws guaranteeing election security and integrity to jim crow. that is an insult to so many people on so many levels. we held a senate judiciary committee hearing on this yesterday. unfortunately the democrats who hold the majority in the committee, gave the title jim crow 2021 to the hearing talking about these laws. it's an insult to those who lived through jim crow, an insult to my friend burgess owens, a congressman from utah, who lived to experience some of the after effects, some of the latest stages of jim crow remnants. it's an insult to them and it's
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an insult to the american people who deserve to have an election system that's credible. so i think it's irresponsible from anyone, from the president of the united states to anyone else calling this jim crow. that is not what this is. it's the opposite of what this is. maria: senator, there's also this idea that joe biden was going to be some kind of of a unifier and yet everything he's done so far has been over party lines. he keeps putting executive orders in place and now he's trying the to get everything through reconciliation. are these tax increases on individuals and corporations going to go through reconciliation? are they just going to be able to jam this through? >> my fear is they will undertake every effort possible to do that and it is entirely possible they'll be able to get a number of those things through using reconciliation. so i struggle with that. and him trying to proclaim himself a unifier in the process. even while he's sowing the seeds
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of racial discord in the process. maria: it's good to see you this morning. we'll be continuing to spotlight all of this. senator mike lee joining us this morning in washington. we'll be right back. just over a year ago, i was drowning in credit card debt. sofi helped me pay off twenty-three thousand dollars of credit card debt. they helped me consolidate all of that into one low monthly payment. they make you feel like it's an honor for them to help you out. i went from sleepless nights to getting my money right. so thank you. ♪ ♪
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maria: welcome back. the benefits outweigh the risks, that is what the european medicines agency is saying about the johnson & johnson vaccine after possible links were found between the shot and rare blood clots. the rare clotting incidents led
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the fda to advise states to pause the use of the vaccine. my next guest is a member of the fda vaccine advisory committee, he voted on the emergency use authorization for the pfizer and johnson & johnson covid-19 vaccines, joining me now is pediatric infectious disease expert and head of the precision vaccine program, dr. levy. thank you for joining us. tell me about the j&j situation. do you think we were getting ahead of ourselves by pausing it? a lot of people are questioning whether or not that should have been the case, or should there have been a warning that a side effect could be blood clotting? what's your take? >> thank you for that, maria. look, the j&j vaccine is an excellent vaccine. there are a lot of attractive features there. we reviewed the data as part of the fda advisory committee. as you know, the data was
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publicly available from the phase 3 trial. those trials had 30 to 40,000 study participants. there was no signal at that time with that sampling size for any clotting event. and the vaccine had provided over 80, 85% protection against severe covid, including in scenarios where variants were present. it's a single shot vaccine, doesn't require freezing so it could be a scalable solution grow hallly. -- globally. there's a lot of reasons to like the j&j vaccine. after the vaccine was given to millions of individuals, a rare adverse event came to light in the united states, seven or eight individuals developed clotting disorder after receiving this vaccine. that may have been related to receipt of the vaccine and that's why fda called for a pause in the use of of the vaccine so that the data could be evaluated. that pause, maria, was very awkward. we're trying to get a vaccination campaign accelerated.
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we're trying to get to herd immunity and it is of course awkward to suddenly pause that but i do think it was the prudent cause of action to determine that association. maria: when would you expect this back in the united states in use? >> you know, i hear speculation. dr. fauci has also speculated that possibly as soon as this friday we will hear an announcement. i don't have any insider information to know what that announcement will be but we speculate that use will he resume, perhaps with some more warning on the label for rare clotting events or something like that. i don't want to he prejudge the outcome but that's -- i expect that we will hear in the coming days and i would be very surprised if they scrap this vaccine all together because i think it's a very good vaccine. maria: yeah. no, i have heard potentially this friday as well. i've got so many questions for you, dr. levy. i'm so happy you're here. let me ask you about emergency use authorization.
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you voted for the emergency use authorization for the pfizer and moderna vaccines. i want to get your take on what happens next. what's the timing when you're out of emergency use authorization? what does that mean in terms of how the drug changes, what path the drug takes after when you're going beyond just emergency use? >> thank you. thank you for that. and to clarify, i voted on the pfizer and the j&j committees and i voted in favor in both cases. so an authorization -- maria: thank you. >> -- simply authorizes use of the product during an emergency situation, in this case the pandemic. technically if we wake up tomorrow morning and the pandemic disappeared the authorization bodies appear as well and we would no longer be able to use the vaccine. that's what the authorization means. you're authorized to use it during the emergency pandemic. these companies will likely eventually apply for full approval, fda approval which is
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more of a permanent status. that's the difference there. even after we authorize and after shots are going into arms there's ongoing safety surveillance, passive and active systems to make sure that the product is safe. and these safety systems pick up this rare event for j&j. maria: i see. and dr. levy, what about the potential for a booster shot? are we going to have to get a booster shot every year in your you view? how long does the vaccine -- how long is it active? >> yeah, you know, right now we know we are protected six, nine months, maybe out after the shot. we don't know how much longer after that the protection may last. it is likely in my view that there would be a yearly booster. this may turn out to be a seasonal respiratory virus and you might need a seasonal shot. maria: i see. dr. levy, great to see you. thanks he very much for answering all of our questions. we'll be right back. how am i doing? some say this is my greatest challenge ever.
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maria: welcome back. it is time for the morning buzz. amazon jumps into the beauty salon business, launching amazon salon in london, the high tech location will be a testing ground for new technology in you beauty products including augmented reality to allow customers to virtually preview you different hair colors. customers will also be a able to point at a product on a display shelf and its information will appear on a screen. dagen, at first it will be only open to amazon employees but it's supposed to open to the general public after a few weeks. is there any business amazon is not in? dagen: exactly. this is a marketing gimmick on amazon's part where it's going to showcase its technologies like the fire devices and the like and it's just a way to get
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people in the door. i think there's a huge curiosity factor here. it will only be one so there won't be -- if you're down south, it would be the amazon beauty parlor as we refer to it. but -- so one and done in london. i won't make the trip there just to go to the amazon beauty parlor. maria: i love it. mark, what do you think? mark: look, i'm used to amazon bringing stuff to he me, not me having to go to them and i need a haircut today, very badly. can't amazon bring the beauty salon to me? i need a haircut at like 1:00. i've got to be done by 1:30 of r a zoom meeting. i need someone to come to the office and cut my hair. dagen: i cut my own hair during the pandemic, like for months. i still usually put my own bangs. mark needs a flowbi. mark: i know, right. put that on the top of your head
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like a vacuum cleaner. [laughter] m&a that's funny. we'll take a break. when we come back, eyeing beijing's ambitions, florida senator marco rubio is here to discuss a potential climate deal with china that may benefit xi jinping and the chinese come mist party over the united states. it all starts next hour. "mornings with maria" is live on fox business. ♪♪ you can spend your life in boxing or any other business, but one day, you're gonna take a hit you didn't see coming. and it won't matter what hit you. what matters is you're down. and there's nothing down there with you but the choice that will define you. do you stay down? or. do you find, somewhere deep inside of you, the resilience to get up. ♪♪
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. maria: welcome back. good wednesday morning, everyone thanks very much for joining us. i'm maria bartiromo, wednesday, april 21, top stories at 8:00 a.m. on o button east coast arizona declared substantial netflix subscriber growth slows down streaming giant shares falling missing membership expectations, 8 1/2% he sell-off in the stock, broader markets searching for some direction this morning take a look we've got a mixed story with the dow industrials up 7 points nasdaq down 3 the s&p
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500 now in negative territory with decline of one, dow and s&p 500 extended losses yesterday, suffering biggest decline in a month as number of coronavirus cases rises across the world, yesterday the dow industrials down 256 nasdaq down 128 s&p lower by 28. european markets this morning are hire, we've had strong earnings news as well as positive economic data in eurozone ft 100 up 33 cac quarante up, dax higher by 13 red across the board japan seeing the largest decline with decline 2%, pandemic concerns weighing on markets there, "mornings with maria" is live right now. maria: futures hovering near flatline you saw numbers mixed story dow industrials positive, nasdaq negative, industrialize watching the earnings season, first quarter reporting season has been largely better than expected
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not for netflix results causing 8 1/2 percent o sell-off netflix reported four million new subscribers he -- globally lower than estimated six million stock, as you can see, active down almost 9% joining me right now chairman of tiger 21 michael, joining the conversation all morning long this morning, is dagen mcdowell, and mark tepper great to see everybody thanks for being here, i want to start here, and talk michael about the earnings heard about have you seen in terms of the first quarter reporting season, in terms of the impact, on investing for your member. >> nice to see you, so, our members you know are back to where they were pre-pandemic, but always had a low exposure to public equity only 22% much more focused on private equity real estate, particularly in rehe real estate current but long-term holds in public
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equity, has typically been technology, and pharmaceuticals, and actually apple has been number one holding, obviously, yesterday apple had an important day in terms of announcements didn't do anything for the stock. maria: what about the real estate situation right now michael you said this is one of the most important areas, for your members. at tiger 21, do you see a change in real estate post he pandemic? how do things change in terms of supply, rand leading your members to change any allocation there. >> sure, our members real estate is where they created their a largest wealth we have almost 900 mess now across the world, continuing to grow, and completely changed the biggest area of change. retail really hurting, obviously, and on the other end industrial on fire, particularly the last mile you were talking about amazon, not
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in hair salon out dlifrgz huge demand for last mile industrial, and then when you get into residential it is a different story out in the country. where you might have, workforce housing, as opposed to the inner city where prices are quite off in new york. a year ago you couldn't sell a house, in the suburbs today you can't find one the market is so hot. then lastly i think the big question is office. are we ever going back to offices the way we once did we know we will go back, but a somehow feels like the office environment is going to go to a major transformation so each of these sectors is different than when endure you want to play play in public market and play in private market, but i don't think there is any area that has more change than real estate, and still don't have restaurants, entertainment fully opened that is going to be a huge difference. >> that is a good point are
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your members how penetrated is crypto in their portfolios then the latest platform to allow users to buy self crypto currency one not included in venmo is dogecoin smashed records what is penetration in terms of members holding crypto? >> so, our members get to being, every month in meetings, 70 different locations around the globe i would say crypto is moving right to the top of our -- interest. the things our members are really thinking about is how do you distinguish between bitcoin, as a holder of value is it the same as gold where is it better where is it worse? versus he etherium better for transactions the mft's arts market sports market is
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goinging wild about the concept of digital, art and protecting it distributing it, so i would say crypto now is in the realm of gold gold has technically bn one to three percent asset i suspect is what that means we have major gold hold errs many not but average one to three to three percent crypto is getting up there. >> thanks so much. >> thank you. >> much more ahead this morning coming up eyeing beijing global emphasizes flurry senator marco rubio explaining how a potential climate deal with china could benefit xi jinping and china chinese instead of the united states plus former house speaker newt gingrich here with his take on congresswoman maxine waters recent comments political fallout you are watching "mornings with maria" live on fox business. this rain is bananas.
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maria: welcome back chinese
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president xi jinping expected to speak at a white house climate summit organized by president biden tomorrow, you a virtual conference two countries issuing a joint statement over the weekend, explaining how they would work together, to quote tackle the climate crisis joining me florida senator on intelligence foreign relations small business entrepreneurship committee marco rubio senator great to see you this morning thanks very much for joining us. i want to get your take on white house climate event, happening, there is so much going on, in terms of spending and taxes. tell me about white house event very xi jinping is a featured speaker. >> i can't -- as to one of the featured speakers other than world leading polluter in terms of emission of carbon that is even as appearing at summit funding billions of dollars of fossil fuels powered planted all over the world including china
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emissions continue to climb u.s. action is irrelevant when you have countries like china who continue to increase emissions not going to stop doing that you look at words versus action i think xi jinping is more than happy to see us don't policies that would increase cost of growing our economy, but i don't think you are going to see them do anything that is going to slow down their ability to grow you are not going to see them -- stop funding this sort of activity all over the world, where they now control power plants give geopolitical leverage, too. maria: extraordinary, that ccp has broken so many promises, they were supposed to leave hong kong autonomous now we see the -- the -- the chinese police on the ground with goosesteps in hong kong a chilling sight, they broken promise on intellectual property theft, on bullying neighbors in the south china sea. why do we expect they are not going to break promises on the
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climate? and we're and knowing that china is the biggest you polluter in the world as you just said. >> wishful thinking the fact every four to 8 years we transition from one administration to the next, they don't have those kinds of transactions they have got a study plan they stick to you mentioned south china see they promised not to militarize it said we are never going to militarize it, it is fully militarized there is no detail they ever signed on any agreement at the signed on to fully complied with a moving scale what they count on western countries democracies leaders change every number of years they forget won't make it a priority i think what is what they take advantage of i think they will do the same with climate. maria: what about china, and i corporate america, what is going on here, senator? i mean look, we all know what just took place in georgia, where handful of companies, including the major league
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baseball, attack georgia perfect fine working with community china did they not read the bill in georgia? what is your take why this is happening why companies are getting bullied. >> is ccp behind this. >> i don't want us to not be free company companies have a right to believe say whatever they want to say but we have a right to point out hypocrisy the -- if you are standing for human rights voting rates stand for ail these things you've got to be consistent about it i think what is happening very simple it is about money billions of dollars they make from being a access to chinese market some way, shape or form the price of being a access to market is sealen if you speak out against something chinese communist party is doing they will quick you out of country and you will become a target of all sorts of things h&m the company dared to speak out cotton from forced labor in xinjiang they've been target
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of boycotts going to get run out of country why we have american companies i.t. others in washington lobbying against uighur forced labor bill don't do it openly but doing it everybody knows they are doing it because they are profiting from business arrangement and part of that business arrangement whether the mba maybe maybe some airline part of the business arrangement with china you can't say thinking that is hypocrisy that needs to be pointed out. >> i mean not being pointed out we are not even allowed now to say the wuhan virus or china virus even though we all know the coronavirus originated in wuhan. you know, are we going to see a change in u.s. policy? joe biden has still not brought up the coronavirus to xi jinping, now we have as one of the featured speakers at this white house event, even knowing that it is all bs they are not keeping any climate promises yesterday we have not candidateed asked xi jinping
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where coronavirus you originated from do you find that odd. >> i don't know what they talk by priflt no one knows how this originated a problem the fact chinese communist party was not transparent from the very beginning you could see say has led to the death suffering, economic calamity all over the world, and to this day we had open hearing last week i asked the director of national intelligence, she admitted right there in front of everybody we still do not know, you know, sort of conventional theory out there is -- zoo infection went to population not established equally likely scenario is one in which there was an accident in a laboratory that led to someone being being infected that person took into it population it spread all over the world chinese communist party has not been transparent about that, covering it up you saw that how they interfered with world health organization recent investigation, there as well. and so that is a big problem, because had we known about it
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earlier had we known more details about the make-up like a earlier we would have had a vaccine been able to respond quicker, i think there would be people alive today a lot less economic suffering. >> my point i don't know why not raising this with chinese communist party. >> i don't either. >> off limits conversation is off limits. let me turn to crisis at the border as you have seen up close and personal number of unaccompanied migrant you children restrictiving in u.s. jumping more than 800% from january to march this year according to unicef those 275 minors on average entering the country every day, again at crisis created, by bad policy senator, the first week in august joe biden came in and reversed remain in mexico we instooutdz "catch and release" stopped all construction of you border wall have you heard from president or vice president about plans to change this crisis?
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>> fix. >> it no, i haven't, i haven't and i haven't i mean -- i don't think anyone has frankly have not financialed a crisis denied a crisis for many weeks said dominoing more than substantially uptick in migration this is direct product of senate put in place in early days of biden administration as part of the campaign ret, people in northern triangle countries honduras guatemala, el salvador believe if they get to u.s. children in particular allowed to stay pebding a hearing this is a terrible calamity what is being missed is that part of the network trafficking anaheim toxin and across the border are link to do drug cartels we incentivized poor people desperate testens turned them over into the hands of these horrible, horrible trafficking networks, criminals and you look you have instances of
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migrants dying during you journey charging thousands of dollars one hundred percent ep preventable completely due to decisions made by this administration. >> i was on the phone yesterday with a border official he told me that he has discovered 69 pounds fentanyl up 5,000 percent from a year ago 49 pounds heroin up 4,000% hard are in a coltics into this country know what to do there is russia you know senator i am trying to -- put out, all of the issues that we are talking about every day, you've got china circle wagons of taiwan laying down law in hong kong russia i circling wagons of ukraine you've got iran iranians dyinging in saying yeah year going to continue to enrich you're uranium millage show increase
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the russian fight er jets military ghiment create mia along ukraine border in call last week with putin called for de-escalation with ukraine prepared for strong action if necessary what strong action have we taken how he come no action on china we know china was one million uighurs locked up right now, again, russia, russia, russia, no movement on china. >> well these are all very serious topics all very different, iran we have administration that is in negotiations they desperately want to get back into iran deal iranians know thatting a for moon reparations iron an going at the are demanding insisting all every sanction be eliminated even non nuclear sanctions limited, the case of china we've got to make firm our commitment do taiwan,chinese need to know, that that is a defense agreement we commit to don't want a war a choice we have to make less risk they see the more likely towards taiwan at some point the case of ukraine
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i anticipate there is going to be to be military incursion i think likiest outcome putin will characterize it peacekeeping mission to stabilize a place where violence, about keeping ukraine towards turning to west buildup a direct result they cutoffa access to shipping lane last ukraine u.s. decided not to send nato exercise in that recently nord to the to provoke russians i point out if trump made that decision would it be called putin's friend a very different response to that the point these are delicate issues i don't take lightly we are not going to send american soldiers to ukraine to fight a war built their things we could be doing to -- to provide them what they need now from are defensive capability to raise -- of that sort of incursion i think quietly likely putin will move in even limited incursion he
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will call it peacekeeping. >> world appears viewing america as weak look at movement 100 days into a new administration, and then there is domestic policy senatoru and colleagues right now are debating all this -- new information, on higher taxes, as well as massive spending. joe biden said he wants to unify yet done everything one party raoul whether executive orders changing things at borrowed reconciliation are we going to see higher individual tax rates are they able to get that through, through recollect reconciliation. >> that is is the rout if they decide to make may that is unfortunate for economy which country at a time needs to begin to recover, you are going to impose, ultimately the people are going to pay biggest price for that, are going to be those states that have high stating income taxes because as we saw from first tax reform, you know when --
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when states high tax burdens state level migrating away to places like florida don't have a state income tax, i think they very well could move on that unless democrats stand up and say we don't want hire taxes. >> that is too bad we are watching this thanks for leadership on all topics senator marco rubio joining us this morning stay with us. we'll be right back. introducing the new sleep number 360 smart bed. on sale now. it's the most comfortable, body-sensing, automatically-responding, energy-building, dually-adjustable, dad-powering, wellness-boosting, foot-warming, snore-relieving, temperature-balancing, recovery-assisting, effortlessly life-changing...
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critics raises could cost human jobs o raises privacy concern dagen what do you think. dagen: no, no, no, no and no, i am not giving amazon biometric data -- is it really that hard to pull out a credit card? >> is it really that hard to like use your apple pay on your phone? excuses oh will make it will easier to check out, and then what you are going to want to implant a chip in my shoulder track my movement around the city? and give me tips on the nearest whole foods would be a big no! maria: exactly, i mean, by the way, yes, that is exactly what it would give you, giving away dna giving your biometric information i totally agree. dagen: all retailers want to know information about you marketing may be selling it any time anyone asks age or
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birthday i am 32 forever. >> mark what do you think? >> like this is a little too sci-fi for me don't like sci-fi i think a trick in washington on netflix i wish i could get same hours of life back it was miserable, i get that all companies they want o the make things frictionless for consumer contactless payments especially after covid that is a big thing but what is wrong with will holding my iphone over the payment process why do you want my fingerprints my palm prints dna sounds like a very, very bad sci-fi movie to me not ending well for all of us. maria: where things are going extraordinary we will take a break former house speaker newt gingrich here with his take on president biden's vice president marris slamming america last night, plus man's
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maria: welcome back. good wednesday morning, everyone thanks for joining us. i'm maria bartiromo. it is wednesday, april 21 look at market this half an hour, ahead of the opening bell dow industrials down 28 nasdaq down 50, s&p 500 lower, by 6 and 1/2 negative tone this morning, different. >> europe union market modest gains strong earnings report ft 100 up 14 cac quarante up 26, redacts just turned negative, down about 3 3/4 right now, in asia overnight, red across the board, japan was the worst performer, are there are pandemic concerns once again, by the way, not cross the world an increase in a number of coronavirus cases outside united states japan down better than 2% global
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grocery store sales a record in 2020, cheryl casone with details right now cheryl. cheryl: -- boozing it up grocery store sector worldwide basis record 10% more people stayed home cooked drank amid pandemic, according to research canned meat br sugar bleach flew off he shovels home sales spiking from 20 to 25% europe south america biggest gains, pandemic giving a huge boost to e-commerce sales fort the industry makes up 6.5%, of all grocery store sales. >> i united airlines to expand international travel options for summer in july passengers on united able to fly directly from u.s. to croatia greece, iceland also expected to resume services in seller countries including israeli italy, germany japan as vaccines continue to be
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distributed around the world united airlines different reasons stock under pressure earnings down a half point right now. a miraculous rescue a driver crashes through guardrail over cliff into ocean this happened yesterday afternoon north of san diego good samaritan reportedly pulled driver out of the car before first responders arrive local firefighters hoisting that driver to safety he suffered minor injuries and expected to be okay. lucky to be alive those are your headlines. maria: all right cheryl as much a maxine waters censure blocked by dplaets kevin mccarthy put fourth reelings after she calmed on demonstrators to get more confrontational mccarthy tweeted speaker pelosi every other house democrat had the
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opportunity to condemn velt rhetoric off colleague representative waters instead con doned it the house and our justice system are worse off because of it from kevin mccarthy, joining me right now former speaker of the house fox news contributor newt gingrich, always a pleasure to see you. thanks so much for being here your reaction, to -- really, maxine waters' heated rhetoric, and no accountability at all. >> well, look i think the whole thing is part of a pattern i have been actively looking last week at -- rashida wanted to abolish police and prisons in detroit her district, laid out 23% increase in murders 53% increase nonfatal shootings she wants to put a couple thousand i additional robbers yaipists murderers on street maxine waters comes along after a long career back at least to 1992, condoning
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encouraging coercion including about two years ago saying people should go into the restaurants, go into gas stations, basically hunt down trump supporters, so she goes out of her way after a week of violence, to go to the center of the violence and say if we don't have the rule of the mob, we ought to do whatever we have to do confront people you are seeing the president and maxine waters, the replacement of the rule of law with rule of politicians i think very dangerous to go down this road, every democrat who voted to support maxine waters, that is what they were doing voted to support her, voting to support somebody who had openly tried to supplant the rule of law openly encouraged confrontation on industries in and area that already had days of violence. i think it is a very bad position for the democrats to
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take. maria: i mean a bad position, but also starts at the top newt, let's face it we have all watched incredibly emotional week emotional day yesterday when we got the news of the guilty verdict for the police officer chauvin in the trial of george floyd's death instead of coming out having a neutral fair tone, while you we all needed to be lifted up you have biden, vice president harris yesterday, trashing america telling us we are stemming racists two of them reacting to verdict in the chauvin trial watch this. >> america has a long history of systemic racism black americans black men in particular have been treated throughout the course of our history, as less than human.
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>> here is the truth about a rich injustice it is not just a black america problem or a people of color problem. it is a problem for ever every american. >> the jury in minnesota found former minneapolis police officer derek chauvin guilty on all counts in the murder of george floyd last may ripped blinders off for the whole world to see, the systemic racism profound fear and trauma the pain exhaustion and black and brown americans experience every single day. maria: newt what is your reaction to this? right after the verdict was read and i should point out that we still haven't heard of one word from interest kamala harris about the infants
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thrown over 18 foot wall at southern border dead people have been found in the water and massive surge of illegals coming into america being flown have to their destination of choice. >> look. i think first of all, they had a chance biden and harris to come out and say unlike russia unlike china unlike cuba unlike venezuela, in america the justice system worked and we had an open trial, people could watch the trial, we are a country which in fact upholds the constitution could have said that, most of the planet most planet looks at this system, and marvels at the fact that we do pursue justice. second, if the i were chinese communist propaganda would go on vacation rerun for --
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president vice president united states condemning america. i mean this really does verge on pathology, that they hate their own country so much, that they -- they give the wofrld a he totally falls impression we don't have a million coming illegal another million illegally because this is a stemmingly racist country they are coming here for opportunity for rule of law for security for freedom, there is a lot of good things, that the president could have said, none of which were within vocabulary of speechwriters all basically american a hitting left wingers. >> it is a sad day it really is this is leadership of the free world instead of saying just that, we have a trial the members of the jury made their decision, this is how we govern, this is how america does it they didn't say any of that all they said was how
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systemically racist we are rule of law where is it lara lindsey wrote judicial branch legislative branch executive branch all changed the attacks on gorngdz institutions house democrats pushed for legislation to expand supreme court from 9 to 13, the house of representatives, also trying to -- get rid of the filibuster. and executive branch you are talking about, unilateral executive actions, in the first 100 days at this point, trump had issuing 23 executive orders revoked 12 prior orders abouted issuing 39 executive orders revoked 62 prior orders what is going on, newt? i mean there is an attack, on america's governing you institutions. >> obviously, what is going on
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people won the election hiding in beachfront brought out hard left friends who hate america who desperately want to change america who are very frightened that kevin mccarthy is going to be speaker after next election believe they have a short time horizon trying to impose the rule of politicians, instead of rule of law it is extraordinarily dangerous for this country they are trying to impose just take concept if we were in fact systemically racist how did the system convict a white policeman? it is a repudiation to revise the system worked a jury having sat through a trial, in public, on television, reached a decision, he certainly does not fit any -- any narrative of state of emergency of
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systemic racism is a tragedy for america a tragedy for people around the world violent biden vice president harris deeply committed to left wing anti-american language they can't use this uplifting moment to say justice was done, the system does work. americans can be proud of the fact unlike what is happening, for example, in russia where chief opponent to putin gradually being killed, look what is happening in china, xi jinping not about to go and say oh why don't we have fair open trials on tv? and yet -- they hold up a mirror biden-harris hold up a mirror decide i hate me, pretty sad moment in american history. >> you just articulated why i was so upset after i heard of speeches not a time now, by the way, if we are so systemically racist why did we elect a black man to be the ladder of the free world, and
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have him serve two terms president barack obama explain to me if we are so racist, extraordinary. >> yes? >> well, and then-vice president harris, i mean a little bit much to have the number two political explain her election has o no meaning obama election las no meaning the fact is this is a country open to opportunity, do we have do we have some -- remnants of racism insure but compared to the problems of china, russia, cuba venezuela, would i rather live in united states every day of the week, and i am very sadden that had the president gives tools to our chinese communist competitors so all they have to do is broadcast biden and harris around the world chinese communists continue have to do any work because biden and harris are doing it
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for them. >> schooled in alaska there you go handing it to them on silver platter newt thanks very much great to see you this morning we appreciate al your insights always, newt gingrich. we'll be right back. 'cause i do things a bit differently. wet teddy bears! wet teddy bears here! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange.
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maria: welcome back. the governor arizona declaring a state of emergency at border deploying 250 national guard troops to help local law enforcement number of unaccompanied migrant children in united states jumped by he
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more than 800% from january to march this year according to unicef the national border patrol counsel vice president and agent, art great to have you this morning thanks very much for joining us, you are our eyes and areas at border what can you tell us. >> you are one hundred percent, governor ducey declared a state of emergency here i can tell you in last two months, the got away numbers media done fact of job documenting talking about unaccompanied you juveniles into united states big scary got aways those individuals that were able to get into united states, avoid apprehension realistically number is not truly known the number you hear is a made-up number this fiscal year for nation over 150,000 got aways
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arizona fiscal year over 55,000 got aways, nationwide in the last two months, we've seen over 61,000 got aways, those are individuals that you have no idea what country they are from, you have no idea what their intentions are why coming into united states, and pretty much in the country, we don't know intentions, and we just don't know who they are, and a big problem, now being in arizona, i can tell you the majority of those individuals are coming through the reservation native american reservation around over 61 linear miles with mexico, and even with the state of emergency being declared, national guardsmen down there, in order to be effective they are going to have to allow you national guardsmen to assist on reservation. >> the got aways part of this story is really, scary, and telling. how do they get away art?
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>> so what happens cartels working criminal enterprises know what they are doing flood certain areas of the border with unaccompanied juveniles will distract agents agents have to take care of unaccompanied juchlz take them to the processing facilities leaving certain gaps in the border, and the cartels free to bring those people in, real criminals, as i've said and also drugs like heroin methamphetamines, and every other dangerous thing they want to bring into the united states, because, the agents are preoccupied with these unaccompanied juveniles at detention facilities. >> one other source told me there will be a number of retirements in terms of agents that we are not hearing that the administration will be replacing them tell me about the agents what they are up against whether or not you feel you have enough people on the ground to actually police this, you had more than 15,000
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migrants fast-tracked for release from federal custody without former court notices since recent migrant surge began so where are they doing? and do you feel the border patrol agents have what they immediate? >> look, there is definitely more manpower that is needed. when you are seeing these facilities, detention facilities over flowed then you start thinking about covid everyone talking about covid, if you look at these facilities, somebody else said best pretty much a petri dish of the virus, it is spreading, you have people that are asymptomatic that you don't know if they have disease and spreading it, to other individuals, more power more manpower is definitely what is needed, and i know somebody needs to do something quick, because, they can't ignore too long can't ignore it, unbelievable art thanks very much for your experience and work on this, art, we will be right back.
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(announcer) find out more at aerotrainer.com. that's aerotrainer.com. maria: welcome back. time for the morning buzz man's best friend to the rescue again, a bull terrier saved her puppy pal from drowning in a swooj pool security video shows a 13-year-old pomeranian falling into the pool, circling pulling smaller dog to safety 30 minutes later dog's arms thankful alive plan to install a pool coverage to prevent another accident. >> jesse the big dog chucke the small pomeranian 13 years of age jesse adopted from human society, by at the owner, a few years ago down in
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south africa, the little dog chucke was in the water struggling for 34 minutes, 34 minutes that dog struggled trying to keep head above water head above water i love dogs will choose dogs over humans any day. maria: [laughter], mark? >> i watched the whole video i got to say that was awesome i think that is exactly what the country needs today, a good feel good video we all know doggie padels extremely effective but 34 minutes getting out is not as easy as just doing a doggy paddle awesome to see the friendship in that video even after the bigger dog saved smaller dog after like a few minutes afterwards bigger dog chasing little dog around, trying to make sure he is okay. i thought it was amazing definitely good video for everyone to country to watch that. maria: you are right so
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maria: great to see you, have a wonderful wednesday. that will do it for us. "varney and company" begins right now. stuart: good morning everyone. the morning after the guilty verdict. here's the state of play. in some cities celebrations. in new york city black lives matter activists harassed white people. in columbus, ohio, just as the verdicts being read, police shot a teenage girl wielding a knife was a body video, protests began immediately. and the house of representatives a

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