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tv   Mornings With Maria Bartiromo  FOX Business  December 15, 2020 6:00am-9:00am EST

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foal me on twitter @loudobbs. like me on facebook, instagram, parler @loudobbstonight. maria: good tuesday morning, everyone. welcome. i'm maria bartiromo. it is tuesday, december 15th. your top stories right now, 6:0. major news that will shape the political future, the electoral college, formally choosing joe biden as the president-elect. this as several key swing states, gop electors cast a vote for president trump. leading some to believe the fight is far from over. we will bring you the very latest this morning. attorney general bill barr is out, of usually leaving -- officially leaving his post right before christmas, this as we're learning he did stop the announcement of the fbi investigation into hunter biden for his shady business dealings, now a new e-mail shows hunter failed to disclose a $400,000
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payment from ukrainian energy firm burisma. we'll discuss all of this all morning long. hear from pennsylvania congressman scott perry and wisconsin senator, ron johnson, coming up. the first americans received pfizer's vaccine as more doses are on the way. we'll speak to the ceo of the cleveland clinic coming up and the cleveland of eli lilly, dave ribs. ricks. futures indicate a gain at the start of trading, dow up 162, nasdaq up 50, s&p 500 by 21, this after a mixed market yesterday despite the rollout of the vaccine. the dow and s&p 500 finishing at session lows yesterday, dow down 185, the s&p down 16. the nasdaq was up 62 points at 4:00 on wall t street. the new york exodus continues, more wall street firms high-tailing it out of the city
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as leaders predict a grim outlook for the rest of the year. we are on it. plus, getting in the christmas spirit with cookies, we've got a celebrity fan who couldn't wait to give us a sweet treat, it's making a buzz this morning. "mornings with maria" is live right now. ♪ maria: let's check european markets this morning, take a lack at how things are going in europe this morning, the cac is up 23, the dax higher by 93 points in germany. in asia overnight it was red across the board. take a look at this, china's industrial output was up 7% in november, compared to a year earlier. retail sales, though, missed the mark. they were up 5% last month, this data of course coming to us from the chinese communist party. some of the top stories we are watching this morning right now.
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joe biden declared president-elect by the electoral college yesterday after the formal vote took place. he called for an end to division in a speech after the results came down. >> you know, this battle for the soul of america, democracy prevailed. we, the people, voted. faith in our institutions held. the integrity of our of elections remains intact. and now it's time to turn the page as we've done throughout our history, to unite and to heal. maria: the next new year' majon the election process is on january 6th. this is the date when vice president mike pence is going to preside over the joint session of congress while they tab blat the electoral -- tabyou laet the electoral votes. sasandra lindsey, an icu nurse,
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was the first person in done troy get vaccinated, this as pfizer said they're in talks to supply the government with another 100 million doses, on top of the 100 million doses contracted by the end of march, this as the u.s. passes another grim milestone, 300,000 reported deaths, nearly 1400 people died yesterday alone. attorney general bill barr stepping down from the department of justice amid growing tensions with the president. president trump criticized barr for failing to disclose the justice department's investigation into hunter biden during the campaign and announcing the justice department found no evidence of widespread voter fraud on top of of course slow-walking the investigation into the russia hoax of. we're still waiting on indictments there. the president announced the departure on twitter, writing, just had a very nice meeting with bill barr at the white house, our relationship has been a very good one.
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he has done an outstanding job. as per his letter, bill will be living just before christmas. jeffrey rosen will become acting attorney general. meanwhile, hunter biden failed to report $400,000 in income while working for burisma. a 2017 e-mail obtained by fox news shows an attorney for his firm allegedly notified him that his tax returns need todd be amended. last week, hunter confirmed he is under federal investigation for his tax affairs many his father, joe biden, is reportedly not being investigated at this time. markets this morning are higher. take a look at futures indicating a strong gain at the start of trading this morning, investors optimistic as lawmakers unveil the latest proposing for economic relief while covid-19 vaccines are rolling up across the country. the nasdaq is up 50 o 50 and s&s higher by 22 and a quarter.
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joining me right now is chief investment strategist, brett shu tell e. also of joining the conversation, dagen mcdowell and jon hilsenrath. great to see everybody. thank you for being here. brent, kicking it off with you. how sustainable is this rally? we've had a market that will not quick, very few alternatives with interest rates where had ty are. is this sustainable into 2021? >> yes. i think i was looking at 2021, you're going to see a global and u.s. economy that is operating on multiple cylinders for the first time since 2018. so if i take you back to 2018, we were introduced to the trade war. the trade war took out manufacturing, by design. that impacted global growth and u.s. growth. you had the tech sector which drove is forward and kept the u.s. afloat. we started healing a bit last year and then you get hit with covid. with 2021, you have multiple areas of growth, fiscal
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stimulus, monetary policy that will continue on. as you think about the mix i think the rally into 2021 is sustainable, albeit possibly with a few back and forths in the near term, with stimulus, no stimulus, lockdowns versus vaccines. maria: how important is the stimulus that is being unveiled right now? we are expecting some kind of agreement on relief for people affected by covid. >> i think in the near term it's pretty important for the market from an end of the year rally perspective but i would advise investors to look past that. you have the date on the calendar which you mentioned most americans will be vaccinated which i do thinker relieves and alleviates the covid impact that is on a narrowing slice of the u.s. economy. as you look into 2021, i think it's important but i just would hazard and tell people please don't sell negotiations your selling creates the market downturn which typically gets the deal done. please keep a level head. to me the stimulus is not a
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question of recovery versus recession, more stronger versus just a little less stronger. maria: the final federal reserve meeting of 20102010 will begin today. -- 2020 will begin t today. do you expect we'll hear a time line of when they will unwind the measures or are we looking at interest rates where they are for some time to come, or guidan the economy. >> i would suggest the federal reserve is going to talk about increasing the duration of the maturity of the asset purchases on the treasury side in order to give the economy more stimulus. to me, this is where the stimulus comes down to. there are certainly back and forths. neither fiscal nor monetary policy is going to turn restrictive any time soon. you have janet yellen and jerome
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powell possibly coordinating for the next several years. maria: bloomberg reported google, amazon, apple could face fines up to 10% of their annual revenue. president trump wants to unwind section 23 230. these companies are facing this fine if they don't comply with european union rules on data usage, the companies will be banned from using data from business users. you have facebook facing an anti-trust lawsuit here in the u.s. as well. >> look, these firms have become very big. they're a very big part of the u.s. market. i think this time of action is something that will be on their dockets for the next few years. i think the biggest worry that i have from an individual investor perspective is they've been lulled to sleep into believing that big tech and large cap growth are the way forward. i think as you look into 2021, people need to think more old school possibly, focus on u.s. small caps, value sectors in the
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market. there is going to be a rally on things that haven't done well in the past few years because the earnings growth will come skyrocketing back and that will give tech companies competition for investor dollars. given where valuations are, we expect small, mid, value sectors, will do better in 2021. maria: you want to buy something else, often times you sell your winners and these stocks have certainly been winners. brent, good to see you. thanks very much. >> thanks for having me. maria: we are just getting started. we have a big show. coming up, evaluating the vaccines, the cleveland clinic's ceo, dr. tom mahalivic is here, to discuss what's ahead now that americans are receiving the first dosages. next hour, we're watching your money, looking at vaccine optimism with the word on wall street, talking about how to allocate your capital. congressman scott perry is here on ag bill barr's resignation, the impact on the justice department and all of these lingering investigations. we'll also have the ceo of eli
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lilly here, david ricks is here, talking about the progress being made in its covid-19 treatments, what else is in the pipeline for his 2021 guidance. in the 8:00 a.m. hour, chairman ron johnson will join me to discuss the latest on the hunter biden probe, new e-mails on his shady tax deals and deals with businesses around the world. don't miss a moment of it, "mornings with maria" is live on fox business. ♪ and if you close your eyes. ♪ does it almost feel like you've been here before. ♪ f tinsel. (harold) and real snow all the way from switzerland. (betsy) hmmhm... gonna be tough to top. well played.
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maria: welcome back. the ongoing threat from china, we continue to see bad behavior after i spoke with director of national intelligence john ratcliffe on sunday morning
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futures this weekend about the economic threat the u.s. continues to face from the chinese communist party. >> china and a china alone is the greatest national security threat that we face. we see them economically as you talk about stealing through intellectual property, stealing through cyber warfare, stealing from our universities, stealing medical research. all to gain information which they know is what you need to dominate technologically. so china is not a good actor internationally. we need to call them out for what they are, not what they pretend to be. maria: joining me right now is the author of china's vision on victory, he is the founder of the atlas organization, jonathan ward. jonathan, it's good to see you this morning. thanks very much for joining us. a lot has happened since the last time we spoke in terms of the china threat. why don't you first assess where we are, pull it all together. >> good morning, maria. it's great to be back. i think we're seeing this whole
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picture come to a head. china is very much in a direct competition with the united states. it's going to be the biggest, sort of most existential contest since the cold war. they're throwing their weight around internationally, threatening their neighbors from australia with trade tariffs to india where they used their military for the first time in the 21st century to lethal effect over the summer. in the meantime, you have the u.s. experiencing system shock over the covid pandemic and piling on mountains of national debt as china's economy recovers and they get back to in many ways the driver's seat in the world economy. where we are right now at the end of 2020 is at the very beginning of this incredibly important long-term contest with china and the most important chapter right now that we're in is whether or not china winds up surpassing us economically in the 2020s. if they do that, we will begin to lose this contest in the same way that we could have lost the
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cold war, something equally significant. so the most important thing now is going to be to ensure that america some. dagen:how remains theworld's le. right now conditions are largely against us but we'll have to be working on that very thoroughly. maria: you say this is a real cold war that is taking place right now between the u.s. and china. what about the corporate sector? corporate america wants to gain a foothold in china. we saw goldman sachs moving toward acquiring total ownership of its securities joint venture in china. last month president trump signed an executive order which bans americans investors from doing business with companies aiding the chinese military. look, the state department has identified holdings in the pla corporate fronts. what's your take on what's going on as there's this push and pull? the trump administration seeing this competition very clearly, seeing what could be possible if
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china gets the upper hand, while corporate america doesn't seem to be getting the memo, jonathan. >> well, that's on obviously the biggest fundamental difference between the cold war with the ussr and whatever it is we're going to go through now which will certainly be on that scale. and our businesses are intertwined with china. they're in the china market. i think what's more problematic is our investment banks want a piece of chinese growth which means they're essentially directly participating in the rise of china, funding it, facilitating it. you did not have american bankers assisting the growth and development of the ussr. so in that sense, business and national security are in direct conflict and i think that reckoning has to happen. ultimately, the corporations are, as their ip is being stolen, they're creating their chinese competitors. the next five-year plan will come out from beijing in the early new yesterday and it's going to focus on
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indigenousization of key industries. had havthey have to hand over of important essentially technology transfer, otherwise it's stolen. those exeat door competitors aro start to emerge. they're going to have problems of their own. but directly enabling china through access to global capital is i think an even bigger problem. so we're going to have to start to iron out those contradictions. at a policy level, we have to be enacting policies that will create u.s. growth and at the same time start to hamper and slow the growth of the people's republic of china. our businesses have to think globally to find other of options. maria: to find other growth stories. i think you make such an important of point. i mean, you look at the chinese communist party coming out with its next five-year plan. john ratcliffe says all of these plans, whether it's the silk
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road, civil military fusion, whatever it is that the ccp is saying, these are all veneers over the real goal and motive is to overtake the united states, to become the number one super power, economically and militarily. >> those are the plans that underpin it. they have had that goal since the 1950s of surpassing america economically. they understand that is the foundation of their power, to have a global economy that is dependent on china in the 21st century, that's dominated by the people's republic of china, would allow them to rise to super power status and to ultimately have no challengers. so thinks like the belten road, made in china 2025, the civil, military fusion, these are strategies on how they plan to get there. so dominating the key industries of the 21st century and the emerging technologies, converting all of that into military power, it's a very
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coherent big picture plan and i they obviously describe that all in china's vision of victory in their own words. china's goal is ultimately to run the world. maria: and this john ratcliffe said the other day when he was with me on sunday, that this is the one country that can destroy the american dream, whereas your kids and my kids and their grandkids will not have the same opportunities that we had because china will be the dominant force and that is a communist country dominating the world. jonathan, we will keep the spotlight on this subject. we have been spotlighting this for several years now and we're only going to get deeper into it. we hope you'll come back soon. thank you, sir. >> certainly. thank you. maria: we have breaking news, eli lilly is raising its dividend, a 15% increase in the dividend first quarter of 2021, bringing it up to 85 cents a share. the company announcing an agreement to acquire prevail therapeutics. the ceo, dave rick, will be here
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proud to cast my vote in new york for joe biden and kamala harris. dagen mcdowell, there were some who would not go forward with joe biden and named trump in the electoral college but interesting that she wants to change and do away with the electoral college. that means if you do the popular vote, you look at the most populous states, new york and california will be picking our president every year, dagen. dagen: this isn't just sour grapes from a political has-been for donald trump and hillary clinton didn't get 50% of the popular vote, we should point that out. it was 48-46% when she lost to donald trump in the electoral college. but this is something that we should all pay attention to because elizabeth warren early last year was talking about abolishing the electoral college. it's very much on the minds of democrats who think they're tired of -- joe biden won, but they're tired of losing. and i just point this out.
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the wall street journal last year wrote the following. this is the editorial page. the founders designed the electoral college to help ensure that states with diverse preferences could kohere under a single federal government. the electoral college helps check polarization by forcing presidential candidates to campaign in competitive states across the country. as you pointed out, instead of spending all their time trying to motivate turnout in populous, partisan strongholds, new york and california. maria: exactly. the founders set it up this way so that one populous state would not have the dominant position of picking our president so that everybody in the union actually got a voice. that's why they put together the electoral college as a
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compromise. jon, some state republican parties are still contesting the results with some asking congress to consider alternative slates of electors, some voted trump yesterday. what do you think -- how does this play out? >> it looks like the election is settled. we're still going to see issues and disputes like this. we're still going to see republicans i think and president trump contesting the outcome. but it really looks at this point like joe biden is going to be the next president. i think we're probably at a point where people really need to start focusing on the georgia election where the senate is really up for grabs. and one of the things that i'm wondering is, after all of this disagreement and dispute about the fairness of the presidential election, how is that going the to play into the georgia runoffs next month and is it possible next month that we're going to have another month or two of disputes after those elections
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about how the votes are counted? is that going to leave the outlook for the senate kind of up in the air, for some period after joe biden is sworn in? i think that's possibly the case. and if it is the case, we would see republicans in control because right now they've got the 50 seats. democrats need these last two seats to get control and they might not have it on inauguration day. maria: well, david perdue is right now in court battles, ensuring that the signatures on the ballots are not separated from the envelopes like we saw in the presidential election in november. but you're right, this is a serious issue that we are focused on going into january 5th. we're going to take a break. when we come back, pushing back on china and tehran. the u.s. government hitting two key iranian officials over their kidnapping of an american citizen.
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down 184 on the dow, nasdaq was up 62, s&p was lower by 16. this morning, we look to be hitting 30,000 right out of the gate on the dow industrials with a triple digit gain. european markets look like this, we're seeing a mixed picture. the dax index is higher by 83. in asia red across the board. economic data out of china, the industrial output up 7% in november compared to a year earlier, retail sales missed the mark, the expectations, that is. they were up 5% last month. this data is coming to us from the chinese communist party. we always look at it skeptically because of that. the hang seng index down two-thirds of 1%. a new round of cyber attacks reportedly hitting more government institutions. cheryl casone with the details. this is getting deeper, cheryl. cheryl: it is and fingers are pointing at russia. the state department, the department of homeland security, national institute of health reportedly hit by hackers.
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it first happened at the treasury and commerce departments. it's linked to texas based solar winds. according to their website, they work with the pentagon, all five branches of the military, u.s. telecom companies and the office of the president of the united states. lawmakers want action. adam schiff said this, the next administration must make hardening our networks a major priority and make it clear there will be consequences for those responsible. washington post says a russian military unit was behind this attack. the kremlin is denying involvement. boeing expanding inspections on the 787 dream liners. the wall street journal said the defects in question are in spots where the surface of the a plane's fuselage isn't as smooth as it's supposed to be but the problem has been previously disclosed and doesn't pose an imminent safety problem. they are up three quarters of 1%. apple setting a hefty goal for 2021, they plan to manufacture
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up to 96 million iphones in the first half of the year, a 30 of% year on year increase after demand for the 5g phones surged during the pandemic. they're asking suppliers to make new iphone 12 models as well as 11 and se models. industry-wide shore stages of come pone -- shortages of components could threaten all of this. the stock is up 1%. dominos delivering this holiday season for its employees. the company announcing a $1,200 bonus for 11,500 hourly workers. it's already earmarked 9.6 million for frontline workers and plan on hiring 30,000 more workers here domestically. and those are some your headlines from the newsroom. back to you. maria: cheryl, thank you so much. the treasury department yesterday imposing sanctions on two iranian interior ministry officials, reportedlied involved in the disappearance and presumed death of former fbi
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agent robert levinson. he disappeared in 2007 while on an unauthorized mission for the cia. in march, the u.s. concluded he died in iranian custody. joining me right now is strategic analyst, general jack keane. first, your reaction to what's taking place in iran, where are we now in terms of iran/u.s.? >> well, first of all, taking sanctions against the iranians and specifically the people that were involved in the abduction of mr. levinson is certainly commendable. the fact that we're able to ascertain who those people are is a credit to our intelligence service and likely may have had some assistance from assad, from israel as well. this is something that the iranians have been doing for 40 o40plus years, where they take hostages. i can't recall a time when they haven't had an american hostage, to be frank. and they use the hostages for political leverage.
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and it's really -- what happens is, they're tortured, there's inhumane treatment, their health deteriorates and as their stay is protracted, they likely eventually succumb because they're not going to get the health infrastructure to take care of them and keep sustaining their lives. that's what happened to mr. levinson, is what we believe. the other thing is, is that he should have been out when the nuclear deal was constructed back in 2014 and finally passed in 2015, maria. it should have been one of our conditions. you release the hostages you have, we'll release the ones that we have, as a good faith condition to proceeding with negotiating the deal. it should have been up front, on the table, one of the first things put there for negotiation. i hope that that's what biden will do if he's going to renegotiate this deal and i think they will, certainly.
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i'm confident that the trump administration would have done that if they were going to renegotiate. maria: renegotiate or get us back into a deal with iran, i mean, you know, we know that there were pallets of cash that were sent in paper bags to iran. the trump administration got us out. do you think there's any way we should get back in? because the biden national security advisor nominee said that, yeah, we're going to get back into the iran deal. >> well, i think the iranians, given the condition that they're in right now, they're back on their heels in a way that i have not seen before, certainly because of the sanctions that have crippled them, also the amount of civil unrest and distrust of the iranian regime and the isolation of the regime as a result of the geopolitical situation that's taken place in the middle east as the arabs are linking with israel. that gives the biden team a huge advantage, that the obama team did not have.
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and the iranians would have come back and talked to trump if he was reelected. i'm won vinceed of that. so -- convinced of that yeah, renegotiate a deal. now you've got real leverage. let's come out with a much better deal, fix all the things that are wrong in that. don't give into it and go back to the start point that would be a huge mistake. maria: let me move on to china. marco rubio wants to hold a senate intelligence hearing on christine fang, at the center of the ongoing scandal involving eric swalwell. he's hoping a public hearing to take place at early as next week as his ability to investigate hinges on the january georgia senate runoffs. this obviously is one of the ccp's strategies, put spies into the united states, get them in very critical places. senator ron johnson said this was their candidate, you know, sheen raised -- she raised money for him and put him in congress. >> yeah, it's pretty stunning
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revelation, frankly and it's just another indicator to how comprehensive the chinese communist party is, in using their own people, using chinese nationalists in the united states. it is a significant program and i was absolutely amazed that there was a leak of a major database inside of china that the australians got their hands on and it indicated there's 2 million people who are members of the chinese communist party who are spread throughout the world and they are conducting surveillance operations and trying to gain information and trying to steal technology on behalf of the chinese communist party. they're not doing it every day but the ccp orders them to do something. they have to stand up and go do it no matter what their job is or of else their families back home are at risk. they are at this full-time. now we know with millions of people worldwide conducting major spy operations, major
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cyber warfare operations against the united states and our allies. this is an attack. it's as comprehensive that we've never even seen with the soviet union when we had 40 years of the cold war with them. maria: such an enormous threat. how did australia get their hands on that document, indicating those 2 million pla officers doing work across the world? >> as i understand it, it was leaked bring a member of the chinese communist party from inside mainland china. so that certainly is a good thing in and of itself. we really have to recognize what has taken place here. director ratcliffe, you've had on your show, laid it out very clearly that the threat to china is to the -- the threat china is to the united states, certainly the incoming biden administration has got to get their arms around this. the trump administration has been working with our allies,
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like minded democratic countries in the region, australia, japan, india and our of selfs, together our economies overpower the ccp and the prc in terms of the strength of those economies and we have to work together and we can pull in our other allies to deal with this so when something bad happens like what's going on in australia right you now now,e attacking australia in terms of information operations, we should all respond together against that in terms of collective response. maria: yeah. the u.s. has been able to have this resonate with our friends across the world. i think it's 30 countries right now have banned the use of huawei. general, it's good to see you this morning. we'll keep talking about it. thank you so much, general jack keane joining us right there. we'll take a break, then we've got the ceo of the cleveland clinic, right after this.di that came from me. really.
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maria: welcome back. a landmark day for americans, a new york nurse kicking off what's expected to be the biggest vaccination effort in u.s. history since perhaps pole of yow, millions of dose -- polio, millions of doses of pfizer's vaccine making their way to hospitals and locations in all 50 states, as the u.s. reports 300,000 virus related deaths. joining me now is the ceo of the cleveland clinic, dr. tom mihaljevic. doctor, great to see you this morning. thank you so much for being here. >> good morning, maria.
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thank you very much for having me. maria: yes. i'm so happy you're here. what an incredible moment in time. tell us your thoughts on the pfizer vaccine and how it works. >> it is absolutely remarkable that we are receiving a vaccine within a year from when the pandemic started here in the united states. this is a new type of vaccine. this vaccine does not contain an actual virus. it rather contains a message, we call it a messenger rna, that helps inform our bodies to create a protein and that protein, which is innocent, it's found also in the surface of the virus, triggers the immune reaction of our own body so if we were to get in contact with a covid-19 virus, those antibodies protect us from getting sick. maria: the cleveland clinic is getting its first shipments of this vaccine today, vaccinations beginning tomorrow. how are you preparing for the
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distribution? are you going to be getting vaccinated soon as well? >> i will not get vaccinated immediately. we're preparing for the vaccination. but the priority for the first wave of vaccines that we will be receiving today are going to be our caregivers who are working on the frontlines who are taking care of our h covid patients, or physicians, nurses, res pr respy therapists, and the floors where our covid patients are being cared for. maria: we were just looking at pictures of those below zero refrigerators. dr. mihaljevic, i want to take a short break. then i want to ask you what else is going on at the cleveland clinic. you've got incredible innovation and of course expertise. let's take a break and then talk about the growth at the clinic when we come rights back. stay with us. i'm talking with tom mihaljevic, the ceo and president of the cleveland clinic.
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plus, 0% interest for 48 months on all smart beds. only for a limited time. maria: welcome back. we are talking with the cleveland clinic president and ceo, dr. tom mihaljevic. the u.k. discovered a new strand of coronavirus, doctor, in southern england. officials are saying there's nothing to show it will cause a more serious disease but analysis is suggesting it's a new variant. it's growing faster than existing variants. what can you tell us about the new strand and whether it impacts the effectiveness of the pfizer vaccine. >> it is too early to tell. a new strain is common during any pandemic. fortunately, they typically evolve into strands that are less viral, less dangerous. right now, it's too early to tell how is this going to if at all affect the efficacy of the
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vaccine. maria: dr. mihaljevic, i was at the cleveland clinic a couple years ago with your predecessor, dr. toby cosgrove, and i was really just taken aback by all the technology that you have, the robotics that you are using. tell us about the innovation that you are doing at the cleveland clinic and in healthcare in general. you know, another issue around this coronavirus is the fact that people didn't do regular checkups, mammograms, they didn't do heart disease checkups. i wonder if that has put us at a disadvantage now certain cases. >> the deferment of care that happened during the covid-19 pandemic is a serious issue. we are only going to find out in the future how serious that issue actually is. but we are very concerned about it. here at the cleveland clinic, we put a lot of effort to reach out to our patients and remind them that covid-19 pandemic has not
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stopped the need for them to have their regular checkups and this is particularly important for those who have to go through the regular screening and checkups for cancer. because the best way to treat cancer effectively is a timely diagnosis, so i would really appeal to all of your viewers to make sure they see their physicians regularly, particularly when it comes to cancer screening. maria: and what about that growth and innovation at the cleveland clinic? tell us about it. >> the innovation at the cleveland clinic has really gone into high gear with the covid-19 pandemic. we have published hundreds of articles and received generous support for the ongoing research. we are just finding -- we have just found our new center, center for global and emerging pat though jens, the center that -- pathogens. it will study the existing viruses and prepare us for the
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next pandemic. which will eventually come. because if we don't fund research institutions, that will find and isolate the new viruses quickly and develop vaccines more rapidly, we will be forced during the next pandemic to repeat the steps that we were forced to do during this pandemic which were disastrous. so we are very excited about this new development. maria: so what is the likelihood of another pandemic and when might that happen? >> we do not know when the next pandemic is going to happen but the fact is that the global warming and the global mobility are two most important contributing factors to the likelihood that a new occurrence of viruses or pat thoug p athogd rapidly to the rest of the population and we do have to get ourselves organized better and the research effort for early
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detection, for the rapid development of new cures is going to be essential for our ability to combat future pandemics. maria: what a great effort, dre you, sir, thank you. still ahead, eli lilly's major acquisition, the ceo dave ricks is here, they just raised their dividend and they'll give 2021 guidance. "mornings with maria" is live next hour on fox business. how their world stopped and when they found a way to face it. for some, this is where their keytruda story begins. keytruda-a breakthrough immunotherapy that may treat certain cancers. one of those cancers is advanced nonsquamous, non-small cell lung cancer, where keytruda is approved to be used with certain chemotherapies as your first treatment, if you do not have an abnormal "egfr" or "alk" gene. keytruda helps your immune system fight cancer, but can also cause your immune system to attack healthy parts of your body. this can happen during or after treatment and may be severe and lead to death.
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see your doctor right away if you have new or worse cough, chest pain, shortness of breath, diarrhea, severe stomach pain or tenderness, nausea or vomiting, rapid heartbeat, increased hunger or thirst, constipation, dizziness or fainting, changes in urine or eyesight, muscle pain or weakness, joint pain, confusion or memory problems, fever, rash, itching, or flushing. these are not all the possible side effects. tell your doctor about all your medical conditions, including immune system problems or if you've had an organ transplant, had or plan to have a stem cell transplant or have lung, breathing, or liver problems. today keytruda is fda-approved to treat 16 types of advanced cancer. and is being studied in hundreds of clinical trials exploring ways to treat even more types of cancer. it's tru. keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story.
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maria: welcome back. good tuesday morning, everybody. thanks so much for joining us. i'm maria bartiromo. is tuesday, december 15th. your top stories rights now of, major news that will shape the political future, the electoral college formally choosing joe biden as the president-elect as several swing state electors cast a vote for president trump. we have the latest all morning long. plus this, attorney general bill barr is out.
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officially leaving his post right before christmas, this as we are learning he did in fact stop the announcements and dissemination of news that the fbi was investigating hunter biden for shady business deals and tax avoidance. now, a new e-mail shows hunter failed to disclose a $400,000 payment frominnan energy firm, -- ukrainian energy firm, burisma. hear from pennsylvania congressman scott perry coming up and whic wisconsin senator rn johnson, ahead. a vaccine is here, the historic rollout as the first americans receive pfizer's vaccine, more doses are on the way. i'll be speaking with the ceo of eli lilly this morning, dave ricks, on the company's vaccine trials and a look at his 2021 guidance. markets meanwhile are rallying, a triple digit move, futures indicating a gain at start of trading, with the dow back above 30,000, up 152 points, nasdaq up 49, s&p 500 higher by 21. this after a mixed market yesterday, despite the rollout of the vaccine.
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take a look. the dow and the s&p 500 actually finished at session lows, with a decline of almost 185 points on the dow and 16 points lower on the s&p. the nasdaq was up 62. the new york exodus continues, more wall street firms are high-tailing it out of the city as leaders predict a grim outlook for the rest of the year for new york. we're discussing it. getting in the christmas spirit with cookies, we've got a celebrity fan who couldn't resist giving us a sweet treat. it's making a buzz this morning. "mornings with maria" is live right now. european markets this morning are mixed the ft 100 is down 19, the cac is up 16 and the dax index in germany is up 89 points. in asia overnight red across the board there, take a look. the moves were fractional, industrial output in china was up 7% in november compared to a year earlier, retail sales were up 5% last month, that was below expectations.
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of course this data is coming to us from the chinese communist party. some of the top stories we are watching this morning. joe biden declared president-elect by the electoral college after formally voting yesterday. he called for an end to division in a speech after the results came down. >> you know, in this battle for the soul of america, democracy prevailed. we, the people, voted. faith in our institutions held. the integrity of our elections remains intact. and now it's time to turn the page as we've done throughout our history. to unite, to heal. maria: the next major step in the election process will come on january 6th, that's when vice president mike pence will preside over a joint session of congress. then congress will officially tab late the electoral votes. meanwhile, a shocking new forensic audit of dominion voting machines used one michigan county finding a 68%
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error rate, it claims systems were used to, quote, create systemic fraud and influence election results. the report was put together by a team of defense, military and a intelligence professionals. a shot of hope, frontline healthcare working rolling up their sleeves, getting in line to get the first doses of pfizer's covid-19 vaccine. sandra lindsey, an icu nurse at a new york hospital, was the first person in the country to get vaccinated. this as pfizer says it is in talks to supply the government with another 100 million doses on top of the 100 million doses already promised by the end of march. this comes as the u.s. passes another grim milestone, passing 300,000 reported deaths. that is nearly 3,479 people died yesterday. 14 you thousand died yesterday, total of 300,000. attorney general bill barr is stepping down from the department of justice amid growing tensions with the president.
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president trump has criticized barr for failing to disclose the justice department's investigation into hunter biden during the campaign, announcing the justice department found no evidence of widespread voter fraud. the president announced the debar churr on -- departure on twitter. writing, our relationship has been a very good one, he has done an outstanding job. as per letter, bill will be leaving just before christmas to spend the holidays with his family. jeffrey rosen will become acting attorney general. meanwhile, hunter biden failed to report $400,000 in income while working for a ukrainian gas company, burisma. the 2017 e-mail object of contained by fox news shows an attorney for his firm allegedly notifying him that his tax returns need to be amended. last week, hunter confirmed he was under federal investigation for his tax affairs. his father, joe biden, is reportedly not being investigated at this time. time for the word on wall street, top investors watching your money this week. joining me right now is editor
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and publisher, dennis gartman, ryan payne and steven dudash. ryan, let me kick it off with you with the technologies giants in the hot seat. we know that google, amazon and apple are facing fines. bloomberg says the fines could be as high as 10% of their annual revenue if they do not comply with new european union rules on data usage, the companies will be banned from using data from business to compete with them or from treating their own services more favorable east at home, facebook is facing an anti-trust lawsuit from the doj. what impact will all of this have do you think on the big tech stocks where we continue to see money moving into tech? >> it's a great point, maria. you don't need a weatherman to know which way the wind blows and clearly regulation is coming their way and as gathering data, their competitive advantages are going to start getting eroded especially with regulation. where this can be really, really dangerous is if you look at
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retail investors specifically, they all own the s&p 500. in fact, we've seen 30 billion going to s&p 500 index funds this year and the reality of it, it's all driven by big tech. so i have a joke that the s&p has become a tech fund in drag. it's 4 40% tech when you factor amazon in there as well with. if you're looking at the reopening of the economy, we talked about this, i'm bullish on the reopening of the economy. buying the s&p 500, because you're buying 500 stocks, you think you're actually participateing in that trade but you're really not because those big tech companies having like 22, 23% of the overall index. and to make matters worse, tesla is going to be basically sold into this index at the highest price possible when wall street basically unloads it on the index come next week which is going to be another 80 billion that has to get bought, basically tesla at the highest price you could buy it being put into the index. i think have you to be really
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careful as an investor right now, have you to diversify your money. i see this all the time. we look at 50 portfolios a month and a most retail investors are overweighted in tech stocks and the s&p 500 and you've got to really diversify rights now if you want to participate in the reopening of the economy. maria: i think this is a really good point. and in that same vein, when you know where the wind is blowing, would you buy indexes that hold chinese stocks right now, knowing the executive order that the president is putting down to ensure that the u.s. is not funding the growth of china's military through buying these chinese companies that are tied to the chinese communist party military? >> i'm going to go out on a limb here and say yes, i think you have to have a global portfolio right now. i think you can't ignore china with 1.4 billion people and it's really hard to get around it. i mean, everyone benefits from the fact that we're all selling to china, whether you're in the u.s., you're in europe. at the end of the day, the growth rates are faster, even if
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they're not exactly accurate as you mentioned earlier. maria: everyone benefits -- you say everyone benefits except those companies that are getting their data stolen. microsoft says it cost tens of billions of dollars because 90% of the people in china use the microsoft operating system and only 1% pay for it. so i don't know that there's a lot of benefit to the companies that are getting robbed. let me ask you about the health of the consumer. investors are waiting on the november retail sales report due out of tomorrow. economists expect a decrease of three-thetents of a percent. what's your take on retail sales and how it will impact markets? >> well, i think everybody's talking about a small decline. when you talk about retail sales, i think it might be actually up 1 or two tenths of 1%. a miss of 1% is reasonable and to be expected. the numbers can be exaggerated in either direction. if you look at my house, my wife has probably bought a little less than last year.
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haven't done much as far as mom and pop buying, we've picked up the amount of buying that we've done online. so the numbers can be exaggerated either direction. i think far more important is what's going to happen at the fomc meeting which begins today and ends tomorrow. and there will be nothing coming out from the fed. i think they'll lift exactly what they said last month and put it into this month. there will be very little change in policy whatsoever. maria: thank you for looking at the fed meeting. it begins today. we'll hear a statement tomorrow. this is of course the last meeting of the year. let's talk ipos. airbnb, door dash, take a look at the stocks this morning. analysts are downgrading their ratings on both stocks after big public market debuts. airbnb is down 3% right now, door dash down almost 3% as well. your thoughts? >> you know, i've always come on these shows and been a big tech guy. tech, tech, tech, that's where your innovation is, that's where your growth is, where you can
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make money in the long term. in the last few months i've been running away from it. it ties into the ipos right now. they're built on hype. they're always built on hype, that's part of the deal. they're built on the hype that the pandemic never ends. there's no substance behind it. i've been telling people the last few months, watch out for these ipos, especially new investors. we know there's a lot of investors in the market in the last year or so. wait three to six months. let the real price shake out on it. then take advantage of the pricing on it. and then to tie into your other guest who was saying on the china thing, i want to make sure we're clear on this. when you're asking them, maybe politically and morally it's not right to be investing in china's stuff but if you're looking just at the math, if you're looking just at making returns for your investors that are watching this, there's a lot of opportunities there and he's right, everything is tied into there between us and europe. so it's hard to completely avoid that. that's what the politicians are going to do let them fight those
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battles. fortin vesters, if -- for the investors, if we jump in on china stuff there's a lot of good opportunities. i never said this on any show before, if you want something different, maybe it's beyond the scope of what we 2340r78ly talk about but look at the high yield bond market right now. you can buy cheap bonds like in the airline industry for people that don't want to go all in on the markets but want to take advantage of it and get seriously depressed pricing on the bonds, something different than we normally talk about. look at those right now. there's really good opportunities for investors out there. maria: i think you guys make all really important points and don't get me wrong, i get it. i get the global story and the global opportunity of having 1.4 billion people to sell to. let me ask you you this, steven. how many years do you think it will take for the chinese communist party to overtake america as the number one super power? how many years do you think it will take? because that's what the ccp is doing right now and what do you think that's going to mean for your grand ideas?
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are they going to have -- grandkids. are they going to have the same opportunities you had. >> i'm not disagreeing with your logic or the moral story. we need to do things to eliminate the theft of intellectual property. there's no doubt about it. i'm just saying from the investment side, ways of making money there. from the -- maria: i understand that. i understand making money over the near term, yeah. >> yeah. you're spot-on. that's what the politicians are doing right now, they're trying to fight those battles and they should. there's a lot of theft that goes on over there. maria: it's more than theft. this is a communist party. this is a communist party and the world probably wants to think twice about having the communist party dominating the world. running the world, being the number one super power, economically and militarily, investing in those companies is certainly funding that. dennis, ryan, steven, i loved having you this morning. thank you so much. we'll be right back.
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maria: welcome back. attorney general bill barr has handed in his resignation to president trump with deputy attorney general jeffrey rosen set to take his place after december 23rd when barr steps down. barr and the president have clashed after several months and two major announcements this month, the first being the doj said they found no evidence of election fraud and the seced ses barr hid investigations into hunter biden, after barr slow walked the whole process and investigation into the russia hoax and john durham has yet to come up with his findings. joining me right now is pennsylvania congressman, member of the house foreign affairs committee and house transportation and infrastructure committee, scott perry. good to have you this morning. thank you very much for joining us. your reaction to bill barr stepping down? >> well, i will tell you, maria, i think that the time has come.
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i mean, we have been waiting patiently for the durham investigation. i understand as well that durham was named as special prosecutor in october. we didn't find out about that until after the election. the american people need to know these things because we want to intake all the information and our votes, our thoughts of, our opinions are based on all the information, not just what bill barr might want to give us. we need to be armed with every bit of the facts so that we can make informed choices and it's apparent that that's not the case. and for all we know, there is investigations from the fbi and department of justice into the election but we don't know that right now and we don't have any trust that we would know that. that's critical information at this moment. we have to have it. and so unfortunately, i think that it's the right move for the president and for the attorney general. maria: yeah, i mean, there's also this hunter biden story and
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not to release -- i mean, i guesses trying to say that he didn't want to affect the election but by not releasing that information, you are affecting the election because you're not being upfront about the fact that hunter biden was selling -- he was selling introductions to his father. i mean, why is he getting paid all of this money from chinese companies? why is he getting paid all of this money from burisma when he has no knowledge or experience in this industry and yet he's selling some of these. mails that we've seen, show that he's selling introductions to his father. >> well, the real question, maria, certainly it's hunter biden which apparently his father didn't have any problem using as a bag man, but the real question is how does that investigation connect to his father, the potential president of the united states. that's the real question, whether it's burisma or whether it's china and especially china.
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i just listened to your last segment. i mean, that is incredibly important. you've got eric swalwell for years now with a close relationship with a chinese espionage effort that targeted not only him but his other colleagues on the democrat side. we need to know everything about this. we can't have the secretary of the treasury of the united states allowing the chinese communist party to keep on selling assets and having investors of the united states invest in the military that's going to be used to try and crush the united states. these are all important issues and we need our attorney general to provide the information. we understand we can't know everything about the investigation as it occurs but the fact that it's occurring is critical information. some people say, well, we don't want it to be political. not providing the information as you quite aptly put is just as political as providing the information. it's our information. we'll decide what's political or not. maria: that's right. so florida senator marco rubio
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says he wants an intel briefing, he wants to hold public hearings on chinese espionage around this christine fang situation, that's the spy who pretty much helped california congressman become a congressman. senator ron johnson told me the other day, look, the bottom line is, they put him there. the intel hearing hinging on whether or not republicans maintain control of the committee following the georgia senate runoff elections. this is probably the most important issue that the country faces, the threat from china. do you worry that we're going to see a change in policy in an incoming changing administration? >> well, absolutely i'm worried. the fact that eric swalwell has sat on the committee and after these revelations speaker pelosi allows him to continue to sit on the committee, the committee that hears all this classified information and helps make decisions to steer american policy based on classified information, it's incredible that this is happening.
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what's also incredible obviously is there's apparently a close relationship with vice president biden and the communist party of china and no one's saying anything about it. why is that information being suppressed? the new york times hasn't written one story about eric swalwell and i'm sure they're not going to be interested in writing any stories about vice president biden and his connections to the communist chinese party and potentially the next leader of the united states of america. everybody should be losing sleep over this. i know i am. maria: what a joke, congressman. we will certainly keep the spotlight on it. thank you, sir. scott perry. we'll be right back.
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that sounds dumb. we're going to take all those family moments and package them. hmm. [laughing] that works. wannit's timeight and for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o trainer.com. maria: welcome back. a hunter biden bombshell, a 2017 e-mail obtained by fox news
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shows hunter biden did not report $400,000 worth of income that he collected while he was on the board of ukrainian energy company, burisma hold offings. that same e-mail shows his attorney telling him his tax returns needed to be amended. hunter is currently under federal investigation over of had his taxes. dagen mcdowell, your reaction to what has taken place. let's not forget the e-mail we showed the other day on sunday morning futures where hunter is asking for extra keys to be made for an office in washington that he wants to share with joe biden, jill biden and the chairman of cefc, the chinese individual tied to the chinese communist party. dagen: i've said this before, that there's really -- it's hard to imagine that this federal investigation is only about taxes. i mean, based on the statement from hunter biden last week, that's what they're trying to lead the american people to
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believe. but the justice department will never tell anyone what you're under investigation for and we do know that the laptop was part of a money laundering investigation going back roughly a year ago. so we know that the scope of this was a great deal larger and that's based on documents that came out before the election, in october, that much of the media roundly ignored. going forward, the biggest question is going to be, it is right now, whether a special counsel is appointed to oversee the hunter biden investigation with the biden administration coming in and becoming a biden justice department. that's something that the attorney general nominee by joe biden will have to answer questions about in their confirmation hearing. so that might actually influence who is picked to be the attorney general for the next four years
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or, you know, at least in the beginning of a biden administration. maria: senator ron johnson said to me the other day, maria, don't get too concerned about this being called a tax investigation. don't forget, they took down al capone on his taxes, dagen. so you bring up, as usual, one of the more important points of. jon hilsenrath, how do you see it? what do you think happens to hunter biden in an investigation under a joe biden-led administration? jon: well, i mean, i think there's a couple of issues here. one is the taxes. and the other is what we can call the swamp that washington is. on the taxes, a couple points. one is, an allegation and an investigation into proof of a crime. i think we certainly learned that in the case of the russia probe. so we've got to see what comes out here. when i read the stories about the $400,000 that wasn't reported. it looks like his lawyer is saying, well, you've got to
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report it next year. so it doesn't -- it's not necessarily the case that he never reported the income. he might have reported it a year late and had to pay some kind of penalty on it. but what really strikes me of these stories, it's not the taxes. it's the income that hunter biden was earning. 1.2, $1.3 million one year, $2.5 million the next year. this is an individual who was just making a lot of money and i think anyone on the outside of washington looking in has to say why are these guys -- why are these people making so much money off of their potentially off of their connections and i think that's what really is going to make people across the board uncomfortable. and frankly, i don't think this is a partisan issue. i think it's a bipartisan issue. i think everyone in this town behind me makes a lot of money behind the scenes in the game, so-to-speak, republican or
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democrat. maria: and that's what the ccp has been good at, dagen, making sure to bribe or blackmail people in positions of influence. dagen: i think jon is even talking about just, you know, legal exchanges of money, like large corporations paying for influence and access. i mean, there's what's legal and there's -- what is legal and still deeply disturbing, i think jon is getting to that. >>.jon: yeah, i think it's a ge that everybody plays -- not everybody, but a lot of people play in this town and hunter biden is a window into that, whether he did anything illegal, i don't know. i'm not an investor -- investigator. i'm not inside of these -- i'm not convinced that he broke the law by paying -- by reporting income potentially a year late. we're just going to have to see how that plays out. and in the same way we had to
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see how things played out with the trump investigations and russia, we have to see the same thing with some patience when it comes to biden. maria: yeah. right. but we didn't have any patience right, three seconds in, the whole media landscape was saying trump colluded with russia. jon: here we are, three seconds into -- biden hasn't been inaugurated. we're seeing everybody do it on the other side. it's part of the game that gets played here. maria: so what do you think hunter biden was selling then? jon: i don't know. i haven't reported him or covered him. but, you know, he certainly is a guy with close connections to a very powerful person, making a lot of money. i don't think you can deny that. and i think that's what everybody needs to be looking at more carefully. maria: all right. coming up, eli lilly's major acquisition, the ceo, dave
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ricks, is here with the latest moves, a dividend increase and 2021 guidance. you're watching "mornings with maria" live on fox business. ♪ we made usaa insurance for veterans like martin. when a hailstorm hit, he needed his insurance to get it done right, right away. usaa. what you're made of, we're made for. usaa and still going for my best. even though i live with a higher risk of stroke due to afib... ...not caused by a heart valve problem. so if there's a better treatment than warfarin, i'm reaching for that. eliquis. eliquis is proven to reduce stroke risk better than warfarin. plus has significantly less major bleeding than warfarin. eliquis is fda-approved and has both.
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maria: another major deal to report, this time in the pharmaceutical sector, eli lilly announcing a deal to acquire prevail therapeutics. both stocks are higher this morning. take a look at prevail, up 86%. hjoining me right now is the ceo of eli lilly, dave ricks. it's great to have you on the program. thanks very much. a lot of news on this, the day you're giving guidance as well for 2021. tell us about this deal and why this leads to growth for lilly. >> yeah, great to be back on, maria. thanks for having me. today we announced we acquired prevail therapeutics, a gene therapy company focused on creating gene therapies for neuro degenerative conditions, the lead condition they're studying is goshet's disease, a
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rare disease that affects children but is related to a form of parkinson's later in life. we're interested in gene therapy, a pneumoat that time, exciting -- new modality to address serious conditions. alzheimer's and parkinson's have been core to our research strategy for quite some time. it's a great fit. we're excited to get to work with them to bring new therapies to market. maria: it's really also important for all of us to better understand neurological issues. we've done so much work on the body with mapping the genome but not so much on the brain. innovations on alzheimer's, et cetera. >> it's the last frontier for biologic breakthroughs is the central nervous system, the brain, neuro degenerative in
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particular, alzheimer's as an adult, really frighten people and there's no way to address their progression right now. we know about als, parkinson's, all these conditions which touch so many of our lives. so prevail is a glimmer of hope in that fight and we're excited to work with them. maria: so this is part of a pipeline that many analysts are talking about that will lead to growth for 2021 and beyond. you're talking about double digit topline growth. tell me about the new product pipeline and the trends that you believe will grow and lead the company toward growth going forward. >> yeah, today we're announcing, reaffirming 2020 guidance which was a strong year, an unusual year with all the covid impacts on the healthcare system. next year we're projecting the core business will grow double digits and that is including price drags. so volume growth is in the mid-teens. this is boosted by the performance of our of core newest products, like trulicity
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for die be diabetes and brizenir breast cancer. we have new products coming like trizipitide, another diabetes product, with improved efficacy. some really fantastic results announced that week and-a-half ago with that medicine and new cancer drugs. we acquired a company called l of oxo oncology a -- loxo oncology a couple years ago. they had new data in lymphoma at a conference in december. we have a promising growth picture for the future, lilly has one of the freshest portfolios in products in pharma and it's an exciting time for science, maria. it's really a good moment for the company. maria: that is just wonderful.
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heart disease still the number one killer, followed by cancer. can you tell us where you think we are on these two killers before we get to the coronavirus? >> yeah. well, it's related to the coronavirus. heart disease is the number one killer. the rate of death has been dropping for 20 years thanks to new medicines. we had data last year with jardiance. congestive heart failure is a major condition that affects the elderly. we had profound indication in heart failure, a new indication we'll be pursuing. progress is being made in cardiovascular disease. the most common form of cancers, like breast cancer, brezenio had data that showed that early breast cancer can be treated with this new medicine. we know so many people who get breast cancer have a successful
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procedure, they worry about the cancer returning, this prevents that. covid is the third leading killer this year in america. we worked on a solution there as well. the industry really i think -- i've never been more proud to work in this industry. our scientists went to work in the early days of the pandemic. we repurposed a medicine that is being used on top of remdesivir to save lives. we created a brand-new medicine, a complicated name, an antibody treatment you get as you get diagnosed and many people have read about those therapies and their success. they're being distributed now across the country. maria: i want to hear more about this. pfizer rolled out the coronavirus vaccine yesterday as the company distributes the millions of doses across the country, we've got moderna's vaccine expected to add to the supply in the following weeks. we are going to see a hearing on the moderna vaccine this week on thursday from the fda. you're talking about the strides
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that you've made on the antibody therapy, receiving emergency authorization for one drug which works to stop the virus from replicating inside the body. dave, tell me more about that and in terms of the antibodies, once you have the antibodies, can you get the coronavirus again? >> right. so what we've done is taken antibodies from a patient and made it into a medicine, modified it, engineered it and it's available coat t coast to . there's some reporting that it's not available or only available for the elite. that is not true. we distributed hundreds of thousands of doses to hospitals around the country. it's a special procedure, takes about three hours to get an infusion. this is for people who are elderly and recently diagnosed to prevent the worst symptoms from coming. it could help offload the stress on our hospital system right now. it's a key to fighting covid until we have universal vaccination. so i just want to get that message out there because it's important. that's in our guidance we announced today as well, further
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distribution of it. once you get it, it lasts in your body four to eight weeks. you i'll be potentially protected from not only the infection you have but getting reinfected. those antibodies aren't your own and so they fade away. maybe you're asking as well if you've been sick or have been vaccinated will the antibodies last. this is a he key question. so far, the data looks pretty good that if you've been sick or get inoculated with the pfizer vaccine that the antibodies will last for some time. that's an important part of the public health response here. antibody therapies from lilly as a minis one option. then we -- medicine is one option and we generate our own antibodies when we're vaccinated. maria: really important work. thank you so much forin for beig here. we'll be watching the developments. >> thanks, maria. take care. maria: dave ricks the ceo of eli lilly. jim allen is with us next on the
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state of gaming on the other side of this break. don't miss it. back in a moment. this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity.
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maria: welcome back. the pandemic's impact on business, many industries still recovering from coronavirus restrictions and the shutdowns, hotels, resorts, casinos hit especially hard. for hard rock international, major cafe locations in new york and los angeles have stayed closed throughout the entire pandemic, while other locations have reopened under strict safety guidelines. joining me right now is the
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chairman of hard rock international and seminole gaming ceo, jim allen. jim, it's great to have you this morning. thanks very much for being here. you are right in the middle of all of this. we've been talking about the lockdowns in new york, governor cuomo now saying that indoor dining is banned. assess the situation for us. how has this covid pandemic impacted your business? >> good morning, maria. obviously, it's just been really interesting, depending upon the sector we're focused on. the cafe division has been hit the hardest by far. as you mentioned, places like london, new york, los angeles, even orlando, while we're open, very minimal business, it's really been catastrophic to the restaurant business. on the other side, frankly, our regional gaming business is doing extremely well and our online business is performing really well. so kind of a mixed bag. globally we're still really struggling in europe, with 20 some of our locations still closed completely. so little bit of a challenging
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year but we move forward. maria: what do you think it's going to be the story? how does this play out for restaurants, that many people say half of all restaurants are not going to be able to make it out of this. what do you think this is going to lead to? sort of 30,000 feet, jim. >> i think that's true. candidly, if we didn't have the other sectors, the integrated resort, the gaming business and the other verticals that we enjoy business from, our restaurant division would probably be in a situation of close to bankruptcy. so it is definitely going to be negative ebitda this year. because of the other of brands associated with hard rock and other verticals, i think we'll be okay on a global basis. clearly, restaurants are suffering and we believe that 2022 is potentially the year where you could see an uptick, specifically for those of us who survived the storm. we're actually going to be in our 50th anniversary and hard
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rock will certainly be here for those days. maria: that's wonderful. so hard rock international announced yesterday the start of hard rock digital, this joint venture with gaming industry veterans for interactive gaming and sports betting on an national and international scale. tell us more about this new platform. >> really excited. we've obviously been in the sport betting and online gaming business now for three years. we'll be in 11 states. but truly some of the most talented people in the industry, the brain trust behind the stars group and other major companies, fox sports bet, so really excited to merge with marlin and their team so we move forward into the next dimension of online gaming and sports betting which we believe over the next five years will be a minimum of 30 to 35% of the total ggr in the united states. maria: i can see sports betting being one of those areas that actually benefited with people at home. did you see a big change in
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terms of that, even before you announced this hard rock digital, did you see a move in some areas that actually went up while people were shut down? >> yeah. and actually, yesterday the state of new jersey announced record numbers in both sports betting and online gaming, largest in the history of the united states. while the brick and mortar business was down 36%. we're very humble. our operation in atlantic city was up almost 20%. we certainly broke the trend if you will. the online and sports betting business is frankly doing very well. something we look forward to in the future. maria: and jim, real quick, what kind of a cost are you looking at in terms of the changes you'll need to make to ensure social distancing and all of the safety measures that you'll put in place? >> you know, as we look at our business, we're probably aapproaching $100 million that we have actually spent,
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obviously continuing to pay our employees' benefits, all the costs associated with our safe and sound programs but frankly we think it's money well spent. we created an environment of safety for our employees and guests and candidly our numbers show it. frankly, the growth in atlantic city since we've been open has been astronomical compared to what the rest of the town is doing. we're excited about that commitment. maria: it's great to see you this morning. thanks so much. jim allen joining us. >> thanks, maria. maria: and to you. hard rock international. coming up, staying safe amid the pandemic, people are making sure they do not touch their faces, their methods making a buzz this morning. we have breaking news on moderna as well when we come right back. you're watching "mornings with maria" live on fox business. every year, we set out to do one thing:
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help the world believe in holiday magic.
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and this year was harder than ever. and yet, somehow, you all found a way to pull it off. it's not about the toys or the ornaments but about coming together. santa, santa, you're on mute! just wanted to say thanks. thanks for believing.
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maria: welcome back. time for the morning buzz. staying safe in a pandemic, some people are finding creative ways to avoid touching their faces with or without a mask. some hold a rubber ball, use a wrist buzzer, sit on their hands or use hypnosis to get them to stop touching their face. one 2015 study shows that people on average touch their faces 23 times an hour which hasn't changed much in 2020. dagen, are you a face toucher? dagen: no, i never have been. one, it causes acne. and number two, i suggest that everybody -- if you wear a full face of makeup, you can't touch your face because you rub the makeup off. so that is an easy way. and this is -- i don't -- this is not gender specific. full face makeup, lipstick, you will never touch your face because it gets all over your hands and you look crazy because you wiped some of your makeup off. it's a good tip. [laughter] maria: it's an important piece
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of advice, jon hilsenrath. don't touch your face and don't spread germs. jon: you know, dagen, as you can probably tell from looking at me, i've got no makeup on. so maybe you and maria can team up and send me a care package. and i could spend the holidays walking around with a little eye liner or something like that on. [laughter] dagen: it's a good look, actually. jon: i did read somewhere -- everyone's telling you what you can't do. i read somewhere if you drink tea and hot water, it won't prevent it totally but it could help you wash some of this stuff that comes into your mouth down into your stomach where the acids will kill it. i don't know if that's true. maybe your viewers ought to google that. instead of everybody telling you what you can't do, my advice is going to be go drink some hot tea and put your hands on the teacup instead of your mouth, i guess. maria: all right. look, i'm drinking hot water
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with lemon. it's always good. jon: i'm looking for that care image. there's no -- package. there's no makeup anymore in tv world for people like me. it's making me 10 years older. maria: all right. still ahead, attorney general bill barr is out. he is resigning. we've got senate homeland committee chairman ron johnson up on the ag's decision to leave his post. it all starts next hour, "mornings with maria" is live on fox business. a must in your medicine cabinet! less sick days! cold coming on? zicam® is clinically proven to shorten colds! highly recommend it! zifans love zicam's unique zinc formula. it shortens colds! zicam zinc that cold! t-moat a record pace. its network we were the first to bring 5g nationwide.
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with a lifetime warranty. go from old to new. from worn to wow. the beautiful bath you've always wanted, done right, installed by one expert technician, all in one day. we've been creating moments like these for 35 years, and we're here to help you get started. book your free virtual or in-home design consultation today. maria: welcome back. good tuesday morning everybody thanks so much for joining us. i'm maria bartiromo. i have the is tuesday, december 15, your top of stories right now 8:00 a.m. on the button on the east coast, major news that will should a i can the political future this morning, first, the electoral college choosing joe biden as president-elect as several key swing state gop electors cast their vote for president trump leading some to believe this crisis far from over the very latest this morning, then attorney general bill barr, out, o leaving his
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post before christmas,this as we are learning he did in fact stop any announcement distribution of news on fbi investigation into hunter biden for shady business deals across the world now a new e-mail shows hunter failed to disclose a 400,000 dollar point in time from ukrainian energy firm burisma we are on it all morning long, finally a vaccine has arrived, historic rollout first americans receive pfizer vaccine as fda published daylight this morning that moderna's two dose vaccine is highly effective, the committee will meet this week to discuss more, but we've got the report ahead of the meeting this morning. markets are rallying again take a look at market in the green this morning dow industrials up 154 points nasdaq up 77 s&p 500 higher by 24. this on top of mixed market yesterday despite rollout of the vaccine, take a look, the dow s&p 500 finished day session lows dow down 185
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points at 4:00 on wall street s&p down 16, nasdaq up, 62. then a "mornings with maria" superfan a superstar had to get in christmas spirit with sweet treat who is it? find out in the morning buzz coming up this hour "mornings with maria" is live right now. maria: european markets this morning are trading mixed take a look ft 100 down a fraction, 47 points the cac quarante in paris up a fraction, and dax in germany up as well 95 points three-quarters of a percent in asia overnight red across the board we did have economic data out of china, china industrial output up 7% in november, compared to year earlier while retail sales missed mark up 5% below expectations of course numbers and data is released by chinese communist party. will the -- the markets were down attorney general bill barr handing in resignation, to president trump, yesterday. with deputy attorney general jeffrey rosen now set to take
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his place, after december 23rd when barr steps down barr president clashed this month and over several months over many announcements, first it can doj said that it found no evidence of election fraud, even as the president's team was putting that evidence out there, the second thing barr hid investigations into hunter biden, from public view during the election on top of multiyear investigations tub russia hoax found that in fact, it was perpetrating to try to take donald trump down, and so far has been no indictments in that investigation joining me right now by senator, senate homeland security governmental affairs committee chairman ron johnson, mr. chairman, good to see you this morning thank you very much for coming back, and joining me this morning, your reaction, to what we're learning here, you've been investigating hunter biden, and his business dealings for over a year. and now we learn about 400,000
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dollars that he did not put on his tax returns, reaction to all of this? >> good morning, maria. doesn't surprise me at all. senator grassley and i -- warning in public if you vote for joe biden, you are going to end up with a big mess on your hands, that is, of course, what welfare seeing right now the bidens continue to claim nothing wrong there are a couple things they can being do first of all, hunter biden with an release fact returns see whether or not he amended those returns to report that 400,000 dollars, eric swalwell warning about vice president biden can come clean about finances john solomon wrote a great article about o how buyeden disclosed 3.2 million dollars assets but reported 16 million dollars worth being in since he left office, as vice president -- john had a financial adviser look at that said really based on deductions if donations
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made tax would have paid should have reported assets at least 9 million dollars where did extra six million dollars go the vice president ought to answer. maria: now we see, bill barr stepping down, he partly because of this clash that he had with the president. saying that look, we didn't release this information during presidential election, your reaction to that? you've been investigating this for so long, you didn't even know for sure that there was fbi investigation. should barr have sat on this? >> first of all, i think bill barr, is i think president very fortunate he was attorney general, i was frustrated the lack of responsiveness across government state department fbi cia we did not get documents there are multiple reasonings for that so he will things do need to remain classified, could effectuate national security what i found moron than that when things have been redacted we get unreredacted, nothing to do with the -- harming national
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security potentially embarrassing, aspects to agencies why things were classified that is not a valid reason for classification, but i think bill barr did a great job i wish him well in his retirement. >> you say great job we have haven't gotten answers to with what took place 2016 efforts to take down donald trump, why did why didn't barr do more on that? >>is the winds of justice do turn slowly i was very disappointed we denied at least get a report out of durham i completely disagreed with -- the department's viewpoint that if they wove done something before election would have interfered with election my point has always been interference of election was not allowing american people to know, what was happening, you know, all corruption in fbi, so i think that was greater interference, i will continue to say news media, the social media
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suppression of the news, the censorship within news so many biden voters did not even know about hunter biden scandal, polls show that had they known would have voted for biden trump would have clearly won from my standpoint level of interference in this election by media and social media, was far greater than anything russia could have possibly hoped to gain in 2016, that is where the real interference curfews, in the social media and their bias. maria: are i understand, what about china you know, two e-mails that are quite disturbing obtained by fox news, one show that hunter biden did not report, 400,000 dollars worth of income he collected while on the board of the ukrainian energy 23ir78 burisma holdings same redeem shows his attorney telling him tax returns needed to be amended the reportedly subpoenaed hunter seeking difficulties reeltsdz to more than two dozen entities including burisma, the other
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e-mail that is quite disturbing is this e-mail hunter asking for a set of keys and he wants keys to a washington office, so that he can share the office with joe biden, jill biden, the chairman of cefc. this is -- gong chairman clearly tied to chinese communist party, okay the chairman of the the chinese company cefsanctuary city tied to chinese communist party going to share so as of with joe, jill and hunter biden? >> -- made for this? >> don was emissary of chairman ye but somebody else associated patrick ho, when he was arrested first phone call made to james biden that was error apparently wanted to get to hunter biden i think hunter biden represented to tune of a
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million dollars of ununsuccessfully spent time no jail for money crimes charges with hunter biden got a diamond, two -- 2.3 carat diamond i think it was diamond trading diamond gifts one of the ways people lawneder money put two and two together why grassoff and i were so concerned news media ignored it after election i guess saying, investigation, worthy looking into. maria: well agent is that two things you just said i want to drill down on number one diamonds, patrick ho or chairman ye gave hunter biden 2 1/2 carat diamond why? where is that diamond today. >> nobody knows i think hunter give a that to somebody else give a 2.2 carat diamond to
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somebody else piece together hudson west 3 was company that got millions of dollars, was involved in some transactions, between cefc, that was -- on the office space by the way was hudson west cefc, or cefc u.s. the subsidiary, these are companies that have been involved in -- 150 million dollars worth of cash transactions wire transfers 2017, 2018 to hudson west one of the companies multiple hudson west companies what makes it difficult to track all this thing down again when you are involved, in money laundering transferring funds to track it down years to hide activity, again, i don't know exactly happened, but there are so many suspicious transactions, there are so many suspicious connections to china commute party people's
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liberation army between these individuals hunter biden we know joe biden new about those things he had to if he had a key to office space, lindsey said met with joe biden they talked about this deal, with hunter, and the chinese, so,, this was just being unbelievable that vice president biden didn't know about this wasn't participating in businesses to some extent. >> so it is interesting, the biden-harris ticket we talked about this this weekend, and here we have joe biden coming in with kamala harris your thoughts how this plays out the next four years. >> well, as i said before election this isn't going away, it was a mess before election, are a bigger mess under a biden administration, i hope that the u.s. attorney in delaware will conduct a serious investigation, my concern is that it might be investigation we saw under hillary clinton e-mail scandal an investigation not to uncover not to uncover truth
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leading to prosecution conviction more to cover-up truth lead to exoneration hope that is not the case with u.s. attorney in delaware, quick before you go, senate homeland security governmental affairs committee your committee you were lead at hearing election irregularities tomorrow resolve suspicions over lingering questions related to 2020 election you've got hearing on docket tell us about it who will you speak to about irregularities. >> lead off witness ken starr will speak to carter baker commission warning about potential for fraud in mail-in, absentee ballots we talk to attorneys pressler case, one in nevada one in wisconsin, we will talk to representatives, are, from pennsylvania, who helped try to run -- knows a lot about
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control it is examining irregularities of 2020 election kind of first might be series into next congress, because regardless of the outcome of this election, the electoral college has spoken i think result pretty inevitable from my standpoint we can't ignore this move on we have to really xa happened where fraud did occur, by the way, when attorney said he dissident see systemic fraud would have overturned election doesn't mean didn't see fraud we have all kinds of capitals of fraud a large percentage american public don't think this was a legitimate election unsustainable state of affairs for our country we have to have confidence in elections we restore that confidence one way to do that oversight hearings point out what went wrong so things can be corrected controls in place for the next election. maria: you are right senator you are doing juch a great job great to see you this morning. thank you so much. >> have a merry christmas. >> and to you senator ron
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johnson he valuateing vaccines inside the safety effectiveness with one key health care expert, don't miss it coming up then celebrity fan mail one of the biggest musicians on planet sending christmas gifts stay with us dagen mcdowell, jon hilsenrath getting back to this this esteemed panel when we come right back you are watching "mornings with maria" on fox business. you need decision tech. only from fidelity.
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maria: welcome back. let's take a look at market this morning a rally underway futures indicating a triple digit move out of the gate with dow industrials up 160 points nasdaq up 79 s&p up 24, optimism that lawmakers will unveil the latest propose for another round of economic relief as pfizer he covid vaccine is rolling out, across the country, joining me right now goldman sachs personal financial management head joe doran great to have you this morning thanks very much for joining us your outlook today
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as we look toward year-end couple weeks away into 2021? >> to a good morning, maria. nice to see you again. well i think, we have certain had a heck of a year, biggest decline sharpest decline in shortest period of time, six weeks 40% thereon unbelievable recovery, and so everyone wong do i worry about missing out or do i worry about coming to -- two things that we should be reasonably optimistic about one obviously, the vaccine coming out projections near end of this thing certainly high likelihood the shutdowns will certainly end by june, hopefully sooner good sign, clarity around election no matter which side appears we are near tend he of that discussion. and some talk around stimulus package, so given the fact that we didn't have, a
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systemic recession, this was an situation we maker -- a gdp with stimulus package comes out sooner or later could be close to 6% would be an amazing year growth rate, we will be obviously, reflect a lot of stock market i think you want to be very cautious when you are not invested in nasdaq stocks up 42%, this is the s&p up around 15, russell up around 16 quite a big difference, nasdaq went up three times before broad s&p has, diversify a lot. >> walk tropical of capital markets historic boom in special purpose acquisition companies stocks, so many,
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many stocks, enabling companies public a huge ipo boom doordash, obviously, or those, do really well just this week tell me what that says about the capital markets this morning. >> -- markets -- open for business which is great do i think -- i do think the situation easy to go public i think this year, it could actually come to pass more money raised civility pecs than ipos -- looked like -- last week suggests a lot of money, monday pouring into market more supply means there is less money to go around. i would suggest two things for most investors, first, a lot of these stocks, some won't they will have a great story behind them, and many of them head to run-up i don't like to see kind of post ipo post -- move that we are seeing, it
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suggests level of speculation, that makes me a little bit uncomfortable. second, when you look at valuations, some areas of the market look like even with low rates i would suggest if you haven't rebalanced all year, you want to rebalance, much stocks to bonds have done really well, but also within stock portfolio you don't have huge over weighting to growth stocks, value stocks as well quite likely the market broadens out the things that didn't stick quite as well do better over the coming year they certainly could be a better safe haven unlikely going to see covid situation resurface in any recent window. so again i think, a stimulus pack could be quite good for stocks. >> so you are so you are looking to reassess personal
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and financial goals our audience wants to know what those goals should be for the new year, and you are talking to us, about a backdrop that is going to see an economy grow 6% pretty good. >> it is great, you got to be very carefully about ability to stand it, try to take have to more than -- >> great to see you this morning thank you from goldman sachs. we'll be right back. eir world stopped and when they found a way to face it. for some, this is where their keytruda story begins. keytruda-a breakthrough immunotherapy that may treat certain cancers. one of those cancers is advanced nonsquamous, non-small cell lung cancer, where keytruda is approved to be used with certain chemotherapies as your first treatment, if you do not have an abnormal "egfr" or "alk" gene. keytruda helps your immune system fight cancer, but can also cause your immune system
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to attack healthy parts of your body. this can happen during or after treatment and may be severe and lead to death. see your doctor right away if you have new or worse cough, chest pain, shortness of breath, diarrhea, severe stomach pain or tenderness, nausea or vomiting, rapid heartbeat, increased hunger or thirst, constipation, dizziness or fainting, changes in urine or eyesight, muscle pain or weakness, joint pain, confusion or memory problems, fever, rash, itching, or flushing. these are not all the possible side effects. tell your doctor about all your medical conditions, including immune system problems or if you've had an organ transplant, had or plan to have a stem cell transplant or have lung, breathing, or liver problems. today keytruda is fda-approved to treat 16 types of advanced cancer. and is being studied in hundreds of clinical trials exploring ways to treat even more types of cancer. it's tru. keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story.
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network showing that every major wall street firm is planning to significantly cut presence in new york city, for the foreseeable future executives blaming high crime rate homelessness some reasons
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for leaving the big apple numerous financial silicon valley companies sket up camp in lower taxed states like floridaor texas as governor cuomo might be de blasio warn of a wide scale city shut down as number of covid cases rise get ready for higher taxes as well dagen mcdowell given the fact de blasio talking 9-billion-dollar hole in his budget. dagen: as an employer, whether a financial services company or frankly any corporation, that is based here or has a large presence here, why would you subject your employees to what is going on, particularly in new york city? it is not safe. it is not clean. shootings are skyrocketing. and this state and this city are run by pompous idiots to be blunt, they are thing governor cuomo saying to people who work here we are going to keep raising your taxes. and that is not because of the he pandemic, i just want to
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quickly point out what the budget looked like, before the pandemic hit new york state. the state's budget this year was and this is before pandemic was two billion dollars larger than last year's. despite what cuomo was saying could be a 10-billion-dollar hit to revenue this year on top of what was a six-billion-dollar deficit, before the coronavirus. they have shown a complete inability to manage the state and city's finances and now they are trying to lean on washington for a bailout of their financial sfal malfeasance not malfeasance but just mismanagement before the virus hit cuomo never forget he killed elderly people by -- with nursing home order then wrote a book, about the management about a book on management practices.
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and what happens is the coronavirus cases here spike and he is -- you know, fumbling putting people out of business. maria: well it is a sad state of affairs not just individuals jon leaving. companies said we're not going to sit there as dagen just told us. your thoughts? >> i am going to have a different take on this. the of respectfully to dagen. i think new york is going to come back i think it is always been the financial capital of the united states. it is going to continue to be the financial capital of the united states. i think once the virus is gone going to become again a place people come to for music, theatre, and great dining experiences. and i think dagen is going to like this part i will reminded everybody bill de blasio is gone next year, in fact i
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would recommend your viewers read a story in the "the wall street journal" right now on line, by my colleague about the very big field of contenders that are going to be in a primary race concludes june of next year to replace de blasio so whether you like de blasio or hate him plenty of people hate him he is gone next year, new york has been around for centuries gotten through a lot power epidemics, good mayors terrible mayors listen i am a new yorker new york has a future. dagen: i want to add one thing if you were in new york city every day to having live through this i think that you might feel a little differently. >> i understand it has been new york has been through a terrible, terrible time. i know a lot of frustrations with decisions, that de blasio and cuomo made, i totally get that. i totally get that you've been through something a lot of other americans have not been through being at ground zero of this epidemic.
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i just think as we get on the other side of it things are going to get better, i totally ins frustration with what happened. dagen: i don't want to make it about me i still have a job. but i've watched just in the last few days, restaurant owners who were hanging on by a thread, get shut down, not based on science, and not the based on for any in any reason that the governor could give them. it is a tragedy and they don't deserve to pay but i can think of somebody with a last name of cuomo who does deserve to pay at least politically. maria: speaking of we are getting breaking news on empire state index coming in below expectations, are a level 4.9, are veries u.s. estimate 5.4, the empire state index is -- looking at all the things that you mentioned,
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murders, for example, up 344 mirrors from january to september. and by the way, you may be expecting de blasio to leave, but the policies aren't going anywhere right? i mean that was the smallest he electorate elected in de blasio the policy of new york, are likely going to stay, but we will see about this new group of people who want to take over for de blasio. dagen. dagen: real quick -- i don't think it has been canceled but andy cuomo is having online fund-raiser with support from likes of whoopi goldberg rosie perez for his political fortunes, and to celebrate his birthday. meanwhile, people are going to pay bills -- >> i saw him other day on tv talking about how he is going to play -- robert demiro wants to be robert deniro i don't know what he is saying evaluation the vaccine we will take you inside the safety and
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effectiveness with one key health care expert coming up you don't want to miss that celebrity fan mail one of the biggesting musicians on the planet sent me early christmas gift going to show you more with morning buzz coming up you are watching "mornings with maria" live on fox business. your home insurance, here's one that'll really take you back. it's customized home insurance from liberty mutual! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
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maria: welcome back. adidas to consider potential sale of reebok. dagen: cheryl: that is right adidas announcing yesterday developing a plan calls into question reebok's future roll adidas bought reebok 2006, 3. will billion dollars part of business expanding competing with rival nike lack of progress has led from receipted calls from investors to sell quarter reebok dropped 12.3% adidas only fell 6.3% company will make decision by march, flying into skies,
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going public hospital transportation going to list on nasdaq, this will inject cash allowing them to grow transition from trillion aircraft to electronically aircraft the urban air market overall expected worth more than 125 billion by 2025. google, brief out ail may have cost 1.7 million dollars lost ad revenue youtube other google services down 37 minutes loss more than 47,000 as there are per minute, google blaming out an internal storage quote issue stock premarket this is shares of alphabet participant of google fractionally higher, and, finally, the annual list is out. and kylie jenner topping forbes ranking world poise highest paid celebrity he
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should 590 million dollars in 2020 chunk from majority stake of cosmetics line to coty. >> a kanye west earning, thanks to deal with adidas, tennis star federer, lebron james, howard stern again rock johnson, headlines. >> thank you so much, let's go on to what is happening now, that is the first new jerseyance receiving covid-19 vaccinations in newark millions of doses pfizer vaccine making way to hospitals across all 50 states more could be coming the fda says that moderna vaccine candidate is highly effective expected approved for emergency use, later this week, we will have more on that, but the data shows favorability profile for moderna vaccine getting that breaking news from fda.
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nyu langone long island chief of hospital operations joining me now to talk more about all that great to have you this morning thanks very much for being here. >> the good morning, maria. . >> tell us what you are doing over there at nyu with regard to pfizer vaccine how it works, are you worried about any safety concerns? >>, yesterday, the nyu manhattan campus langone received vaccine around 7:30 in the morning, later that at a day patient received first dose very well, no reactions expecting i don't think island campus to receive first dose around 10:30 today administrator the dose around 4:00, we have certainly front line staff lined up, ready to go. today and then ongoing. in terms of, you know, the safety, you know we have to
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remember, 44,000 people receive this vaccine during the trials. and safety profile was incredible. very few people had serious adverse events most if anything was expected reaction, some arm pain, headache, little fatigue nothing out of ordinary wouldn't expect with any vaccine. >> what an incredible moment what an incredible accomplishment for our phenomenal pharmaceutical industry, tell us how nyu langone i don't think island is preparing for the vaccine and distribution of it is your staff looking forward to getting the vaccine? >> yeah, maria when you talk about the incredible of this pharmaceutical company when you received march 6 midst first apparent with covid,, as
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you know, we were hot spot. we saw a lot of suffering. but very quickly, the pharmaceutical industry had a vaccine was putting it through the system, and although it happened in incredibly quick time, nothing was spared in terms of safety, and this emergency use authorization is so well, i think by ever front line health care professional. we certainly saw the suffering that can occur with covid we don't want to see it again. we want to see this process over get back to some normalcy so i think many people are waiting for tons of us ready to administrator as soon as we service it, and most of our staff anxious to get. >> it fda advisory committee having a hearing on thursday about moderna's vaccine we know today that fda, has found
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it to be high up in terms of efficacy very strong, but this is a different vaccine than the pfizer one doesn't need the -- the significant freezing temperatures for the refrigeration, your thoughts on what we may see in terms of a moderna vaccine coming to the market as early as next week. >> we are very anxious three components to vaccine program to work it is actually having the supply of vaccine whether it is pfizeror moderna and i think both coming to market quickly, and you will see increased supplies, the next thing is cold chain distribution we have demonstrated very successful with airlines ups fdex getting out of manufacturing sights getting to hospital once arrived to the hospital,
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hospitals have incredibly built distribution system for cold chain to maintain cold chain whether pfizer presents some challenge a little bit less challenge with moderna, both of these vaccines are going to be very welcome on front because going to increase the number of -- not only frontline workers but eventually general is flying receive this vaccine. >> people are worried about going to hospitals institutions because of threat of exposure what can you tell us about nyu langone long island where is activity mostly. >> i want to be clear with this we're not seeing surge that we saw, in the spring, back in the spring, almost 80 to 90% our patients were -- were covid had covid symptoms. today we are far less than
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that less than fifth of that so very few patients in the hospital are being treated for covid those that are certainly not as severe as were they back in the spring. we have better ways to treat the patient coming to the hospital quicker, and doing a lot better and length of stay in the hospital a lot shorter but in addition, people are still getting sick. so important to seek carry so our surgeries, are emergency room, actually incredible volume of patients we actually find beneficial because we know they are getting the care they need to the delaying care could pose greater problems. maria: we have learned so much more about this, this disease, in the last 10 months for sure. and certainly we are approaching it differently than we were back in maufrp dr. greco great to have you
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this morning thanks so much for all hard work on this dr. greco. we'll be right back. .
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maria: welcome back state of real estate rich and famous flocking to south florida in record droves, willing to pay up big bucks for south after reivanka trump and husband playing over 30 million dollars for a lot of land in miami ultimate ultra swanky indian creek island tom brady
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and gisele bun chen buying on island joining us right now luxury respecialist the owner katrina thanks for joining us tell us about this move to florida. >> thanks, maria, so we are seeing people flock celebrities flock to miami, for different reasons since the pandemic hit. also because of the policies places like new york, california, in addition to the celebrities and entertainers relocated he helped relocate financial firms one see abouter financial, in miami top executives in the financial sector are relocate to go miami, miami has become a hot spot, for people relocating as a result of that real estate prices increasing tremendously we are seeing huge sales, as you mentioned, 20, 30, 40 million dollars pandemic first started i actually predicted real estate would go up, not the everybody
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agreed with me but there is reasons for that people have a lot more equity in homes reevaluated importance of home space now, and low interest rates also helping the influx, very low inventory, and all of that is causing real estate prices specifically in south florida to increase, people are buying sight unseen getting calls people that are very anxious because their state closed, we are open in south florida people want to get kids back into school. and as a result of that the top florida market doing extremely well. >> not to mention things that are pushing them out including the taxes in new york, you've got a pita care tax a mansion tax not to mention, just higher taxes in new york, than elsewhere catriona you were a contestant season one of "the apprentice" the president was simply a businessman what did you learn from show how have you worked with president since then. >> i did the first season
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apprentice was 23 years old just a surreal experience, getting to know new york city getting to know now president trump i learned so much from him that helped me in my business. moving forward, so the art of branding one he lesson i learned also just to have guts, and even though something has been done a certain way you can kind of create your own rules in the business world. i worked with the president, in 2006, as a surrogate for his campaign, i was co-chair women for trump latinos for trump past election 2020 so i think very involved, with the family politically and i was also involved with them before the presidency helping relocate in south florida open up real estate brokerage business in miami area, all relocating to florida now an amazing because i thought that the apprentice wag going to be while wind of my life ended up
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president trump president of the united states ended up winning just, surreal experience, i learned so much during apprentice and presidency. maria: due do you worry people leaving new york because of all things going wrong higher taxes homelessness, murders up they are going to come to florida and push to change the policies in florida? maybe raise taxes in florida? maybe institute right now no income tax one allure for florida. >> i really hope not maria, because florida is great for a reason i was born, raised here, i love this state. they are all relocating for the a reason i hope they keep that in mind voting moving forward, and you know come tax season realize the benefits being in this great state. the reason that they flock from interest california as well from california and new york. so we're seeing record numbers for the a reason.
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maria: it includes the big companies goldman sachs asset management oracle as well good to see you this morning thank you. >> thanks maria. >> stay right there he revealing celebrity sooub at an after the break you are watching "mornings with maria." stay with us. when you switch to xfinity mobile,
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maria: welcome back top of the morning buzz a brand-new super fan "mornings with maria" queen of christmas herself. >> ♪ ♪ one more -- for you, for christmas is you ♪ ♪ maria: yes mariah carey
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topping brilliantly bord all i want for christmas is you last week brand new cookie line decided to return love sending boxes of cookies what she doesn't know i am her super fan as well. dagen how do you like that? dagen: a mouthful of cookies i can't really talk [laughter]. maria: are lawful laugh. >> chocolate cookies it will not be -- you see my mouth. i am going to hide what is going on. maria: i want to get some cookies. >> totally unfair here i am remote you get to eat all the cookies i have to watch them like everybody else. >> well good for mariah has been an incredible talent not only onstage but also as a businesswoman, we are sending you love mariah carey thank you so much for that all love to audience another great show thanks for being here
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"mornings with maria" live on fox business, right after this stay with us. ♪ santa claus is comin' to town santa claus is comin' to town santa claus is comin' to town ♪
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maria: have a great day. thank you for being here. "varney & co." begins right now. take it away, stu. stuart: good morning maria. good morning, everyone. barely a pickup so far in the vaccine rollout. of the pfizer vaccine has to be kept super cold and restricted to all 50 states and it works. those of files were delivered super cold, remarkable. if you were watching us yesterday, he saw the first jab delivered to a nurse in new york city with governor cuomo conveniently in the picture trying to claim some credit. this week we expect to see it under his vaccine approved and could be shipped with normal refrigeration

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