tv FBN AM FOX Business February 3, 2017 5:00am-6:01am EST
strong and secure. good for a door. and a network. comcast business. built for security. built for business. breaking news right now. a front shoulder as open fire and wounded a man armed with a knife after he tried to enter the louvre in paris carrying a suitcase. we are following the breaking story. lauren: also breaking this morning president donald trump will rollbk parts the sweeping and controversial .-dot frank laws. good morning. nicole: also expected to layout sanctions on iran.
and the new dissent defense secretary has a tough talk for north korea. it's due out 830 this morning. the new york stock market futures dow up 18 in the premarket. they come back from a long holiday down one half of 1%. entropy in japan the central bank which is more economic stimulus. unveiling some details of the $3 million initial public offering but will it store like facebook did or sink like twitter. we will have details. slowing sales growth is disappointing. the stock is down 4% in premarket. it's super bowl friday. we will have live reports from houston for you.
it's 5:01 a.m. here in new york. welcome to fbn:am. the latest breaking news. we are wearing red today to support the american heart association go red for women and movement movement in their fight against heart disease. and maybe the falcons also. and maybe the falcons also. report say an armed man carrying a suitcase reportedly attempted to attack a french shoulder. they opened fire in self-defense the suspect was carrying a knife. he was said to be injured. this is what was happening underway. police say the area have been evacuated security forces were at the scene. we will continue to follow the story and bring any breaking
news developments. the executive order today to scale back the sweeping. ordering retirement advisers to act in the best interest of the client. it could cost the banks of millions of dollars. here's what trump have to say about dodd frank earlier this week. >> is always impossible now to not to start a small business. because of regulations. and because the banks don't loan you money. dodd frank is a disaster. >> we are just hours away from president trump in his first meeting and the advisory council. among them jamie diamond of jp
morgan chase. and elon musk of a tesla just name a few. one executive who won't be there members travis colonic. he quit the council abruptly. the white house is preparing to slap new sanctions on iran over its recent ballistic test. after both the president from an economic and his national security adviser officially put iran on notice that's a quote over its actions. in a shift is now warning israel against building the settlement saying it may not be helpful to middle east peace efforts. it'sxpected to come up. they travel to washington later on this month. the new defense secretary has
a warning for north korea. the impact on the united states or on our allies will be defeated and any use of nuclear weapons would be the response effective and overwhelming. at the end of a two-day visit designed to reaffirm a strong two-day support. the two also expected to discuss the mounting nuclear threat from north korea. enough is enough in 90 minutes they will attempt to end democrats filibuster. of betsy devos. they need 51 votes to end debate. in senate majority leader is confident that he will get them. setting up a final vote. and back at the white house trade was back at the top.
and now says he wants to speed up the process of negotiating that north american free-trade agreement. in blake burman has more from the white house. blake. trait and the economy once again tapping the topping the president's agenda. president trump also met with the top congressional leaders on trade. as he has for months president trump about it to tackle the makeup of nafta. maybe you do a new one. you know the f is for. later today to hear the white house they will host the policy forum. back to you in new york.
the government is out with the january jobs report this morning. it will be the first jobs report issued under president trump. it's expected to increase by hundreds hundred $75,000. up from a hundred 56,000 and december. we will have complete coverage and analysis of the january jobs and data with jobs in america on mornings with maria. let's get you caught up on the global market action that we've seen overnight. it is down is down a half of 1%. it's flat after bond buying. they bought some in the morning and people were disappointed not enough they added on. they ended up relatively flat. they also made the move. let's check out stocks for a moment. you can see that they are mostly up arrows. we had banks higher and with
that it is up about one half of 1%. as we now today is our big monthly jobs report. ahead of the jobs report stocks are looking higher. about 20 points right now. s&p futures up to. in checking out commodities oil is trading at $53.69 per barrel. in the u.s. dollar in the sixth week of losses. we see some strengths in the u.s. dollar. the japanese yen are all weaker against the greenback this morning. 2.48 percent. the company of snap chat is revealing some details.
it could get a valuation of the highest $25 billion and the ipl could be the biggest in more than two years. turning cofounders who are in their 20s into billionaires. the each hold snap stock that is worth and estimated $3.7 billion and that of course could go even higher. shares of amazon are down 4% in after-hours. after they released the latest earnings report. disappointing fourth-quarter revenue. and weaker than expected guidance for the first quarter. amazon is awesome -- often hurt by the sheer cost of doing business. in expanding into other countries. taking a look at amazon shares they are down more than 3% right now in premarket trading but there up 43 percent in the past year. >> ralph lauren was ceo of his company for 50 years before he
stepped down and hired stefan larson. now larson leaving the company after less than two years. he will leave on may 1 he is still executive chairman and chief creative officer of his company they will conduct a search for the new ceo. they had recorded declines in sales in the most recent quarter. shares fell 12% yesterday down more than 30% in the past year and moved to a six-year low yesterday. >> the government report will raise safety concerns about the space explants both government and industry officials say congressional investigators are concerned about persisting cracks. the preliminary report turbine
blades that put fuel into rocket engines. they are not modifying the design it to avoid cracks altogether. nasa reportedly has warned space x that the cracks pose an unacceptable risk for man's flight. two police said its quarterly profit fell 77 percent. they are still trying to recover from two e. coli outbreaks that started in the fall of 2015. aaa shares down six and a half percent in the past year. visa also reported after the close and set a rose 7%. they benefited as shoppers increase their use of debit and credit cards. it was also helped by the acisition of visa europe. they are up ten and a half% in the past year. that could help things along.
shoppers continue to buy cars. the u.s. car dealer is trading near its record high. they're expected to report earnings of 96 cents per share it was down one and half% after hours but are up 20% in the past year. you might want to leave early. we will tell you exactly why in the live report east coming up. and not naughty or nice. what is lady gaga saying about her half-time gig on sunday. your first look at morty markets and breaking news. at bp, we empower anyone to stop a job
if something doesn't seem right, so everyone comes home safely. because safety is never being satisfied. and always working to be better. i'm raph. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. legal help is here. i'm going to the bank, to discuss a mortgage. ugh, see, you need a loan, you put on a suit, you go crawling to the bank. this is how i dress to get a mortgage. i just go to lendingtree. i calculate how much home i can afford. i get multiple offers
tgif. it's 5:00 a.m. in new york. let's get you caught up on what's happening now. an armed man tries to get into the louvre museum in paris this morning. the man reportedly started and try to attack a soldier outside the museum with a knife. the man was seriously injured when the soldier fired at him. a reported five times. we will get you more on the story as it develops. today he is expected to sign an executive order the order
well direct the treasury secretary to come up with new rules to replace the current rules. the trump administration also is set to impose fresh sanctions for their alleged role in missile development in terrorism. they announced that it was being put on notice for firing a ballistic missile. >> would you invest in a company that makes no and they are revealing the details of the 3 million-dollar ipo. i cannot guarantee it would make any money. it could be the biggest in more than two years right here in the u.s. they're in their 20s into billionaires. as for the oval are markets. s&p up three. nasdaq up to five.
lauren, the big-game super bowl 51 is just two days away and fans are pouring into houston texas. that puts major pressure on security. good morning lauren and nicole. houston is starting to fill up i could say as fans from around the country in around the world to send on this city for super bowl -- super bowl li there so many events going on all over the place. upwards of 1 million people will tend to gain and all of the events combined you can imagine how congested it is and that may mean that security is extremely important. paramount at an event ke this one. dozens of law-enforcement agencies are hard at work here.
customs and border protection using these giant rolling x-ray machines every single trailer with supplies skin as it comes into the stadium upwards of 200 trucks a day they're looking for anything suspicious that could be nixon with the equipment or supplies. this is also going to be star-studded as superballs are always are. luke brian well sing this year's national anthem. and in the halftime show has a lot of folks talking. she says her performance will send a message. >> the only statements i will be making are the ones that i had been consistently making throughout my career. i believe in the spirit of equality.
in the spirit of this country. >> it will be a highlight of my career and my entertainment life to be able to walk out there and hopefully perform the anthem in the way that i always dreamed i would do it. >> and there have been a lot of rumors swirling that she could make some kind of a political statement during the halftime show. you heard she kind of skirted that question a little bit and she was asking that at a press conference yesterday. no doubt it is going to be a spectacle and we are here we wish you guys would get on a plane and come join us here in texas. your jacket is red are you trying to send a message. i'm an unbiased journalist.
thank you so much. outstanding have the most amazing time. more from houston. why tom brady was caught off guard offguard at his super bowl news conference. we will have the and other highlights in sports. if you going anywhere what you need to know about the weather. a few hours ahead of the jobs report for january. you're watching fbn:am. [ alarm clock beeping ]
let's talk more about super bowl li. the patriots are trying to stay relaxed as they prepare for the big game. even he was caught offguard when teammates unexpectedly entered rubbed his super bowl news conference yesterday. >> we will have to be ready for whatever comes up this weekend. a lot of the things you try to prepare for over the course of the season.
go rest. that will take the edge off. and of course you can watch the super bowl on fox. nba action lesson. steph curry and the war years ago south to face. here's austin rivers beating and deandre jordan. there does. there is one for you. see how high that goes. the clippers are down nine but they do not pout. the warriors when it 133 to 120. the first quarter howard said how do you like me now. with authori. he had four dogs in the first five minutes.
they drive the lane. twenty-three of his career high. career-high. thirty-three points in the fourth quarter. they go on to when win it 113-ten a. is going viral. during the game to enter 20-pound pinned the 59 singer up against the board. that's him against the board. it was just all in fun. you can see his big smile. but the hit was still illegal. he have to find himself $5. i sometimes gets set to meet with ceos this morning he will also announce sweeping plans to roll back the controversial dodd frank financial bill.
and snape unveiled some snap unveiled some details of the 3 billion-dollar ipo we will have well had details you're watching fbn:am. to keep their global campus connected. and why a pro football team chose us to deliver fiber-enabled broadband to more than 65,000 fans. and why a leading car brand counts on us to keep their dealer network streamlined and nimble. businesses count on communication, and communication counts on centurylink.
president donald trump will rollback parts of the sweeping and controversial dodd frank financial reform law. also breaking at this morning an armed man carrying a suitcase try to get into the louvre museum in paris. the man reportedly shouted and tried it to attack a soldier with a knife. president trump expected to lay out new sanctions on iran. there is some there's some
tough talks for north korea. it's due at 8:30 a.m. ahead of the news. the futures are up 17. in asia chinese investors coming back from a long holiday and the government there. hikes interest rates. snap and chat periods unveiled some details of the 3 billion-dollar initial offering but will it soar or sink like twitter. slowed sales growth. a 4% right now. and in sports it is super bowl friday. we will have live reports from houston ahead of the big-game between the new england patriots and the atlanta falcons.
today's markets and the latest breaking news go read movement in the fight against heart disease. it's a big story. let's get straight to the business news of this morning. it was set to excite executive order today scaling back the financial reform law. trump well also take executive action aimed at rolling back the role ordering retirement advisors to act in the best interest of their clients. they could cost the banks of millions millions of dollars. is what trump has to say about it during a meeting with small businesses this week. some of them possible to start
a small business and it's virtually impossible to expand your existing business because of regulations. dodd frank is a disaster. and we are just hours away from the first meeting with the business advisory council. among them jamie dimond of morgan chase. and elon musk of tesla. just to name a few. one executive who well not be there is the worst president. after facing blowback from customers and drivers over trumps immigration executive order. also breaking this morning reports say a heavily armed man carrying a suitcase reportedly attempted to attack that man reportedly shouted and try to attack a soldier he
was carried to machetes. he was seriously injured when the soldier fired at him. the police chief said the attacker launched himself at the soldier who was slightly injured in this attack. tourists were locked in their rooms to keep them safe. the area has been evacuated. security forces are at the scene over to continue to follow the story and bring you any break in development. the last new sanctions. the senior white house officials say they could come as early as today. the move comes after both president trump in his national security advisor officially put iran unnoticed over sanctions. and in a shift the president is now warning israel against building new settlement saying it may not be helpful to middle east peace efforts. it was expected to come up when benjamin netanyahu travels to washington later on this month.
in the first trip overseas. james mattis has this warning for north korea. an impact on the united states or our allies will be there. with enough of a response. they were speaking there. at the end of the two-day visit designed to reaffirm strong your support. he will be meeting with the japanese prime minister. expected to discuss the mounting nuclear threat. senate republicans now saying enough is enough in just 90 minutes they will attempt to end the filibuster of education secretary betsy devos. they need 51 votes to end debate and senate majority leader mitch mcconnell is confident he will get them. setting up the final vote likely, next week. trade tapped president trumps to do list. now saying he wants to speed
up the process of renegotiating free trade agreements but they were also talking tax cuts. as a peter barnes with the details. they met with house and senate tax writers. they told reporters afterwards and that they talked mainly about renegotiating trade agreements nafta in specific. he was talking about tax reform yesterday on fox and friends said republicans want to repeal and replace obama care first before tackling tax reform to look at tax reform befall. we won't be able to get the ability to white arbel until the spring budget passes. work on our debt and get tax reform which is economic growth. they let's with labor union officials.
our allegiance will be to the american workers into american business the 1980s and i remember this you are victims of a trading abuse when they were dumping all sorts of competitors all over the place. and ronald reagan accepted and he put large tariffs and you wouldn't be talking about it right now if he didn't do that. but we are to help you also. they said they appreciated the president's interest in a strengthening american manufacturing and they jumped on their bikes and rolled. back to you in new york. the government is out with the january jobs report this morning and it will be the first report issued for president trump. they are expected to rise 175,000 from 156,000 in december.
4.7 percent. we will have complete coverage in the analysis and analysis of the january jobs report the jobs in america on mornings with maria and that starts at 8:00 a.m. eastern time. ahead of the jobs report in asia this is how stocks traded. opened today down half of 1%. it closes under 19,000. but a fractional gain. down a quarter of 1%. take a look at what's going on in europe right now. they are meeting in malta now. the idea is that thersea may is bringing along donald trump's ideas from her latest meeting. it's up to one third of 1%. after an attack is up about half of 1% in the german dax
up one third of 1%. check out the commodities right now. gold drops 450. he was stronger dollar today against other currencies. they are all meager versus that. 2.48 percent. the parent company of snap chat is really detailed for its upcoming 3 billion-dollar ipo. it could get the valuation of the highest $25 million. it's turning the cofounders who are both in their 20s into billionaires. they each hold snap stock with an estimated value of $3.7 billion and that could go even higher. it's amazing. shares of amazon.com are down
to 4% in extended trading after amazon released its latest earnings report. $43.7billion. and weaker than expected and guidance for the first quarter. amazon is sometimes hurt. but it's just the sheer cost of doing business. amazon shares are down more than 3% in the premarket trading but up 43 percent in the past year. ralph lauren ceo of his company before he stepped out and hired stephan larson back in 2015. but now larson is leaving the company. he is a former head of old navy he is known for the fast fashion world. they disagreed over the company's future direction. he's out starting may 1. he is still executive chairman and creative officer. they will conduct a search for
a new ceo. he has reported declines in sales and profit in the most recent quarters. they felt for% yesterday and on the past year they are down 30%. the first lady wore a beautiful ralph lauren outfit. a government report will raise safety concerns about the space x plan for future rocket launches. they say congressional investigators are concerned about persisted cracks in vital propulsion system components. the limit report from the government accountability office points out a patter of problems. a space x spokesman said the company isn't modifying the design of the falcon nine in order to avoid this cracks altogether. nasa was warned that they have the cracks.
coming up cheryl casone has a nice gig. we started a brewpub. in every country started small. we just hope that the administration is good and they can have to close that retractable roof. well have a janus scene. she's live in houston with that we can the weekend weather forecast. the futures are up 17 points. nasdaq up three. happy friday. [vo] quickbooks introduces rodney.
>> good morning 5:45 a.m. here in new york. let's get you caught up on what's happening now. he plans to dismantle much of the regulatory system. today he is expected to sign an executive order that scales back the 2010 frank law. new rules to replace the current ones. in in a move ugly to escalate tension. they also are set to impose fresh sanctions on dozens of entities for their alleged role i read was put on notice
for firing a ballistic missile. an armed man carrying a suitcase tried to get in to the louvre museum in paris this morning. the man reportedly shouted and try to attack the soldier with a knife. he was seriously injured when the soldier fire. would you invest in a company that makes no promise of a profit. snap the parent company of the snap chat snap chat said yes. 3billion-dollar ipo. i cannot guarantee it will make money. they were both in their 20s by the way. we've have the worst week on wall street for stocks up 2017.
s&p up to. thank you nicole. super bowl 51 brings pizza hut to houston. good morning. >> was all about pizza hut. they sold over a million pizzas in one day. they're expecting an increase in this year for super bowl 51. i'm joined by and archie manning of course. we have to talk a little bit of football. we don't have a meaning in the super bowl this year. but you had two great quarterbacks here. i predict a very high score a thrilling game. it will come down to the last possession. can anything stop him on the atlanta side.
those are the two best quarterbacks in football this past year. the coaching is outstanding. everything shapes up. there is a new tone in washington. it's all about business owners. it's can be good for you. it started small. we just hope the administration is good for the small business owner. and i'm sure they will be good for all businesses. we have to ask you with the boys peyton manning last week he of course was with the gop leaders and that's kind of a new trend for him. >> and he was just doing a favor for his friend. he's plenty busy doing other things.
the food at the pizza and the fans. we are gonna keep on cooking. >> awesome. thank you so much. coming up. more from houston. and why was tom brady caught off guard and has news conference. we will have that and the other sports highlights. we will tell you what lady gaga is seen about saying about her half-time gig. it's not something you do now and then. or when it's convenient. it's using state-of-the-art simulators to better prepare for any situation. it's giving offshore teams onshore support.
and it's empowering anyone to stop a job if something doesn't seem right. at bp, safety is never being satisfied. and always working to be better. at bp, safety is never being satisfied. juswho own them,ople every business is different. but every one of those businesses will need legal help as they age and grow. whether it be help starting your business, vendor contracts or employment agreements. legalzoom's network of attorneys can help you every step of the way so you can focus on what you do. we'll handle the legal stuff that comes up along the way. legalzoom. legal help is here.
>> the halftime show at the super bowl is sometimes just as memorable as a game. the last time the super bowl was in houston that was when janet jackson had her famous wardrobe malfunction. this year's performer lady gaga is promising no such drama. she's probably to be -- she's promising to be politics free. i believe in and have a passion for inclusion. she didn't make a one promised there would be no meat dress. i think she will make some sort of statement. let's talk more about the super bowl. the patriots are trying to state ahead as a prepare for
the big game. even he was caught off guard when his teammate unexpectedly interrupted his super bowl news conference yesterday. >> whatever comes up this weekend well had to be ready for. there's a lot of things that you try to prepare for. and so we are ready for them when they come up. that scared the crap out of me right there. he pulled a prank for his own good. here is austin rivers. they're down six. second quarter. there's one for you.
look at how high they are down nine. the force quarter is set up. 133 to 120. live in houston. you've have some cool week. how's it looking there. exciting. the temperatures are right now call for houston. that's why we are wearing our jackets. but for super bowl sunday temperatures in the 70s. let's take a look at that forecast. the good news is energy stadium is indoors. it will just be traveling to the game. if you're in houston texas
again not a big severe outbreak or anything but we could see some thunderstorms. that's where we have the cold temperatures. in the northeast and as far as rader is radar is concerned with the new system living into the west. in towards the northwest. otherwise a pretty tranquil forecast. we are life for the rest of the weekend. back to you. we want an awesome game but tranquil forecast. check this out everybody. i guess he's playing the piano. we will have more.
joker sings the song later. it took him about two weeks to train the trick and to perform that song. and done. you say that that's pretty impressive that was incredible. thank you happy friday to you guys. it is friday february 3. as a jobs day. the top stars right now. 6:00 a.m. on the east coast. president donald trump taking measures to rollback regulation he will sign an executive action today that will scale back the financial regulation. they hinted at the movie this week. >> dodd frank is di
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