tv FBN AM FOX Business August 12, 2015 5:00am-6:01am EDT
>> breaking news this morning. major new develops in the clinton e-mail scandal as hillary clinton agrees to turn over her personal e-mail server to federal authorities. and the markets, china devalues it value for the second day in a row. the new smacking down global markets yet again. u.s. stock index futures now share or lower. dow futures seeking 191 points. a closer look at how china's economic slowdown is playing out with internet giant alibaba to the profits this morning.
a week after agency causing massive talk it might spill at colorado at might spill in colorado that headed the epa says she is sorry. good morning. i am sandra smith joined by train fixing nicole petallides. welcome to "fbn:am" from your first look at today's markets, the latest breaking news and what to expect that it had. breaking news this morning that democratic president now turning over her private e-mail server she used while secretary of state to the justice department. investigainvestiga tors look into whether classified information was improperly centers toward on the device. >> she didn't turn it over voluntarily. the fbi is doing investigation. the investigation looks into possible criminal mishandling of classified information and in the course of that, they asked who had access to the server while she was using it. who's had access to it since?
sandra: all the questions. the clinton campaign sending me some thumb drive with copies to the justice department. mrs. clinton did not send or receive classified information on her private e-mail account. breaking this morning, bernie sanders is surging ahead of hillary clinton and the new latest hamster poll. a franklin pearce university of "boston herald" poll showing the vermont senator leading hillary clinton 44% to 37% among likely democratic primary voters. the poll marks the first time clinton has trailed in the 2016th primary campaign, more than half the voters polled v. sanders very favorably. another difficult day in the market after china devalues the yuan a second straight day. nicole: this is good for
artists. yuan falling shortly after china weakened occurring the 1.6% from yesterday's rate it in a four year low after the country surprised international markets by devaluing nearly 2% against the u.s. dollar. the move aimed at boosting china struggling economy. one expert on china telling around liz claman. >> weapons debuts today to stabilize the economy are not giving them the confidence they will stabilize in the 7% down. the currency has been the big bazooka. it's a problem with the artillery and the global demand climate. >> beijing wants to let them dictate and china's central bank is trying to keep concerns of a further side for continued
depreciation and the stable and reasonable level saying this is sort of a disguise. everybody look at it, particularly the export numbers to try and give them the currency war for so many years. >> selin and currency across the globe happening right now. a lot of talk about china entry into recession. seen a lot of weakness. >> i'll give you the companies that have exposure to china. sandra: and make it a look at china's economy and the economic slowdown in china's largest e-commerce company reports quarterly results this morning. lauren: this wicked exceptional
reasons for those reasons. expect it to decline 57%. first of all are they paying off? $4.5 billion in a physical electronics retailer. and then a billion dollars into the food delivery company. then the reagan military pressure. they been clamping down on internet finance. in general china's economy is slowing down. what are the implications for alibaba. they did hit an all-time low yesterday and since they peaked in november, more than $90 billion of market value, it has been wiped out of the company entirely. we will dig into these numbers
at 920 eastern this morning. sandra: sales will be the lowest in 16 years. the profits don't look so worried at the moment appeared sandra: we will have the interview with jo ling kent today later on fox is number. here is asia, markets following to radically overnight as the chinese currency continued its decline, shanghai and nikkei down more than 1%. hong kong is the biggest loser suffering a loss of more than 2%. in europe, weakness across the board at the cacm france down nearly 3%. dax in germany down 3%. ftse england in 1.5%. as a result, u.s. stock index futures this morning continue to seek a lower open yet again on
wall street for triple digit losses. meanwhile, look in a commodities trading to the upside. oil prices up this morning. gold prices up a and a half bucks. the iea increased forecast for world oil demand by 200,000 barrels from previous estimates and the fastest pace in five years. you are seeing oil prices to the upside. republican presidential candidate shed are strongly criticizing former secretary of state hillary clinton in his first major first major foreign policy speech same payload speech same thing about isis to gain a foothold in the middle east. >> where was the secretary of state in all of this? with the president himself they joined him credit for the success instead bias the hard bit to rebuy american allies and
other record-setting troubleshoots south by iraq exactly once. >> the clinton campaign said bush is rewriting history to cover for his brother. headed the environmental protection agency for a massive spill of mine waste in colorado. unbelievable pictures coming out of there. epa workers unleashed this bill as they expect they'd an abandoned mine. they turned a river into a pollution stream. >> it pains me to no end to see this is happening but we are working tirelessly to respond and are committed to a full review of what happened to ensure it could never happen again. trade to arsenic, lead, heavy metals have slowed 100 miles downstream to new mexico. the chief place to visit the site today. release up a surveillance video
showing the suspect in trying again from his peers. the 18-year-old on police during during -- a lot calmer last night of ferguson. only 100 people gathered to mark the one-year anniversary of michael brown's death. a grand jury the justice department declined to prosecuted by a police officer who fatally shot brown. general electric has agreed to stay her country to share its finance unit with portfolio loves to capital one for $9 billion at the latest deal following ge's announcement in the spring that is the finances ge capital. ge agreed to $600 million in real estate equity investment to another fire. a judge or named nfl players union to have settlement talks before today's hearing of the suspension. judge ordered commissioner roger caddell and the new england
quarterback prior to the public hearing. the nfl has asked the court to find the display case scandal. the union has a counter has a counter suit to block the suspension. in sports, the jets lose quarterback to a locker room fight. >> the team knows that something we don't tolerate is something we can't stand. you don't walk up to another man a punch in the face. >> china devalues its currency the second straight day. losses across the board. dow futures off 190-point this wednesdawednesda y morning. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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sandra: let's get you caught up on global markets. a lot of action. asian markets automatically overnight as the chinese currency continues to decline. shanghai and nikkei down 1%. hong kong the big loser with losses of more than 2%. ftse off 1%. dax with losses of 3% in europe sec index futures point to a much lower open on wall street with dow futures up 187 points. checking in on key commodities this morning. oil prices to the upside. at 1117 and mastered the iea
increased forecast for world oil demand by 200,000 barrels from previous estimates of the fastest pace in five years. here is how the dollars trading against global currencies. the u.k. pound the mexican peso down. mixed action in the currency market sinking nearly 2%. 2.08% come something to keep your eye on this morning. in football, but football, the jets will go into tomorrow night preseason out there without quarterback gino smith. he suffered a broken jaw. published reports indicate the fight was over the failure to reimburse the teammates $600 after smith could not attend his charity event. >> he will be out six to 10
weeks and he won't be practicing the day and will play in the preseason. the go from there. sandra: in baseball, matt harvey has its fourth straight trunks chart as the mets beat the rockies. a go-ahead single in the sixth inning combined with the national dodgers with 2.5 team league and it was a long night in cleveland as the yankees fell in 16 innings. michael bradley's rbi driving in the winning run better. that combined with the blue jays ninth straight win means just a half game lead in the american league east. coming up, environmentalists in colorado citizen, the head of
the epa finally apologizes. >> it is really a tragic and very unfortunate incident and epa is taking responsibility. sandra: a week after the epa caused the massive toxic spell in colorado, headed the agency will travel and will have the latest on the damage there. if china sneezes aside six catch a cold? signs of how a slowing chinese economy is affecting the internet giant profit. checking in on the u.s. stock index futures this morning, sinking further commit dow futures at 200 points after the loss of 1% of the opening bell. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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train to breaking news this morning. major developments in the clinton e-mail scandalous hillary clinton agrees to turn over personal e-mail server to federal authorities. and the markets, china devaluing currency again. u.s. stock market futures bright and sharp lower ahead of the opening bell. dow futures off a full percent off 180. a closer look at how china's economic slowdown is playing with internet giant subsets of the latest profit this morning. the toxic minds fill in colorado at the head of the da says she's sorry. good morning, everyone. i'm sandra smith joined by transfixing nicole petallides.
welcome to "fbn:am," your first look at today's markets which is a lot this morning in the lat nt that they had. hillary clinton now sending her private e-mail server that she used while secretary of state to the justice department. this comes as investigators look into whether classified information was improperly centers stored on her device. >> she didn't turn it over voluntarily. the fbi is doing investigation. the fbi investigation is looking into possible criminal mishandling of classified information and in the course of that, they asked who had access to the server while she was using it as well as operational good who's had access since? sandra: lots of questions still here. a thumb drive containing copies of e-mails is sent to the justice department. you may remember last month mrs. clinton said based.
>> i am confident that i never sent or received any information is classified at the time it was sent and received. >> or use a private e-mail targeted by rebels. bernie sanders surging ahead melville reclaims in the latest new hampshire poll. a new franklin pearce university of "boston herald" poll showed the vermont senator leading hillary clinton 44% to 37% among likely democratic primary voters. the poll marks the first time clinton has trailed in the 2016 primary campaign. china devaluing the yuan for a second straight day. nicole following this tour he misses having a ripple effect across the globe. >> we have been hitting stocks down 1% in the u.s. that money going into the u.s. 10 year bond as safe havens.
the yuan fallen sharply after china weaken its currency 1.6% from yesterday's race. the yuan a four-year low after they suppress international markets that devaluing the country nearly 2%. to move aimed at boosting china's struggling economy. down 8.3%. one expert on china telling iran that china is not panicking and there could be a cat. >> the weapons they've used today to stabilize the economy are not giving the confidence that growth is going to stabilize. so for them, the currency has always been the big zoo for, but it is a problem to use that type of artillery in a week global demand climate.
sandra: president she shouldn't pay will come to the united states to speak with residents about mid-september. beijing wants to let market forces 68 the direction of china's central bank trying to ease concerns of a further side and will not devalue again. pledge to keep this up by stable and reasonable levels. look at companies this morning from goldman sachs, sky works, qualcomm, intel, it does china sales exposure for companies 83 or send, 70, 60, 50. lauren: i want apple to that list, selling off by 5% yesterday. if you look at the level it is $111. also china with two economic pieces of information this morning vote for july. industrial outlay retail sales
weaker than expected. the number two economy in the world sharply stepping on the brakes here we feel that manipulation everywhere. sandra: asked to watch asian markets suffered big losses in today's session, note that some of the biggest salad we see in europe and asia by the way is in luxury. period automakers, basic materials dirt across the board. interesting to take about the currency devaluation having a rep will affect many set her straight now. for details on the selloff in asia we go to business reporter rachel ruble live in beijing this morning. >> that is right, sandra. investors really rattled by the kurds be today and that did have an impact on the markets here paid the shanghai composite fell 1% of airline stocks suffering heavy losses because of the weaker yuan. the fresh round of economic data
in the afternoon and asked him it to notice what was happening and didn't have much of an effect on the market at the hong kong hang seng with the five-week low with sleepiness glasses. japan's nikkei fell to a one and a half week low was stocks plunging. he did regain some of its losses later that day but still close to near its lowest level since mid-march. sandra: rachel, thank you good lefty to cut above the global market action as we watch trading in europe right now. weakness across-the-board. losses of 1% to 3%. u.s. stock futures even lower. dow futures up 174 points. losses of 1% across the board at home. checking in on key commodities to look at oil moving to the upside. gold is also trending higher. so far in the session bigness of
the currency markets as well. the euro up against the u.s. dollar. before you head out the door, your wednesday forecast with fox meteorologist maria molina. the rain leading up for a little bit here. in the northeast or front moves through yesterday bringing in the flooded areas of brain and behind the system we notice quieter weather in the northeast in areas further south. the exception will be across parts of georgia and clearing through the air. more showers and thunderstorms out there not only for today but over the next few days. he do have the monsoon more shared seeing showers and isolated storms firing again today. across parts of the great lakes and new england temperatures relatively cool in the 50s and 60s. the heat is on yet again across the south. upper 90 forecast and you should see temperatures climb into the
triple digits and factor in the humidity and the feel up to 110 degrees and some of those areas. sandra: looks like august. thank you. coming up, complaints against u.s. airlines are stored in the summer. we will look at what is driving complaints in who the winners and sinners are among airlines. checking u.s. index stock futures ahead of the opening bell on wall street. you are watching "fbn:am." this is your first look at in markets and breaking news. >> he's the person everyone is talking about on the campaign trail, the man republican rivals are trying to be. donald trump is our special guest tonight, demand, the candidate. tonight at 7:00 and 11:00 eastern. please join us.
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sandra: looks good a look at global markets this morning. a lot of action. asian markets fall dramatically overnight as china moves to devalue its currency a gang. shanghai nikkei down 1%. hong kong the big losers saccharine as i've 2.5%. in europe selling to the downside continues at the cacm grant of 3%, the dax in germany at 2% as well.
u.s. stock index futures off more than 1% across the board. checking in on key commodity prices you've are seeing some buying in raw material oil prices up right now 35 cents. a lot of talk about gold indicating a price. currency markets end mixed action in the europe right now up against the u.s. dollar. the yield on the 10 year yielding 2.08% right now. a number of complaints against the airlines on the rise particularly during the summer travel season. what is everyone complaining about? lauren: i asked folks on social media "fbn:am." this is that the transportation department says. a number of customer complaints are up in the first half of the year up by 20%, more than 9500 people, angry fliers calling and e-mailing.
they are fed up with delays and cancellations to skyhigh airfare and fees. american and united have the most number of complaints. but also southwest did well. you're happy to fly southwest. sandra: that's always the case. they do so well with customers. >> people are complaining that they still have capacity on the rise. passenger traffic rose 2.8%. americans saw their july traffic 4.8% southwest of 8.2%. complain all you want, but they are listening all the way to the bank. sandra: low oil prices obviously as well. under fire from lawmakers and environmentalists in colorado citizens the head of the epa finally saying she's sorry. >> it is really tragic and very unfortunate event and epa is taking responsibility.
sandra: we all feel much better now. not really. a week after the epa can't do massive toxic spill in colorado the head of the agency will travel to the spill site. we will have the latest on the damage there. did alibaba catch a cold? latest results for signs of how a slowing chinese economy is affecting the internet is profit. checking u.s. stock index futures ahead of the opening bell this morning. selling continues. dow up 190 points. you are watching "fbn:am," your first look at morning market and breaking news. ♪ you total your brand new car.
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claiming the scandalous hillary clinton agrees to turn over her personal e-mail server to federal authorities. in the markets, china devalues currency yet again. today's snacking on global markets. selling continues across the board. u.s. stock market futures ahead of the opening bell this morning. we will get a closer look at how china's economic slowdown is playing out with giant alibaba reporting profits this morning. a week after her agency caused by massive minds fill in colorado, head of the epa says she is sorry. good morning, everyone. and sandra smit joined by lauren simonetti and nicole petallides. welcome to "fbn:am" from your first look at the latest breaking news in what to expect the day ahead. breaking news this morning, hillary clinton now sending her private e-mail server she is while secretary of state to the justice department. this comes as investigators look into whether classified information with center are stored on her device.
>> she didn't turn it over voluntarily. the fbi's investigation is looking into possible criminal mishandling of classified information and in the course of fact, they are asking who had access to the server while she was using that, while it was operational. who's had access to it since? sandra: the clinton campaign said in campaign said many thumb drive with copies of her e-mails to the justice department. you may remember last month mrs. clinton said this. >> i am confident i never sent or received any information classified after the time it was sent and received. sandra: her use of private e-mail has been targeted by congressional republicans and rifles. breaking this morning, bernie sanders surging ahead of hillary clinton in the latest new hampshire poll. a franklin pearce university "boston herald" poll now showing
the vermont senator leading clinton 44% to 37% among likely democratic primary voters. the poll marks the first time clinton has straddled the 2015 campaign. more than half the voters polled view sanders very favorably vault 38% view hillary the same way. china devaluing the yuan for his second straight day. this has such widespread ramifications right now rippling through markets. train for everyone looking at it gives them the upper advantage. we saw this number is that of china this week. the yuan colin after china began its current 1.6% from yesterday's raid and hitting a four year low after the country surprised by devaluing against the u.s. dollar the prior day. the most aimed at boosting china's struggling economy and one expert telling around liz
claman. >> the weapon they used today for the economy are not giving them the confidence that growth is going to stabilize in the 7%. the currency has always been the big resume for. it is a problem to use that type of artillery and a weak global demand climate. sandra: the big as dukakis let their currency is. u.s. lawmakers for years have accused beijing of manipulating its currency in beijing was that darker forces. china's central bank is trying to ease concerns of further slicing it is on no basis for continued dish appreciation and keeping the yuan at a stable and reasonable level. let's take a look at the names here we know so well. you can see sky works, qualcomm, 83% of sales come from asia and
china in particular. when qualcomm, broad come, john phan, should i keep going? a multiyear low yesterday. that is because they import raw materials and we sat otted -- the apple get hit hard. >> anybody who counts on any big sales in china coming down brands, feeling the pain from this. lauren: some people also speculate one of the reasons for them is to export their struggling economies get ahead of this has left off and had a stronger dollar. i should've mentioned that earlier because that is front and center as well. >> every other company is dancing are profiting now it's only going to watch.
today china's largest e-commerce company reports quarterly results. you are going watch that for us. lauren: bolster the likely be disappointed when alibaba root port earnings. net income expected to fall by 57%. serious with a cat in particular. are they paying off? $4.5 billion into an electronics retailer and then a billion dollars into a food delivery company. then there's the whole regulatory pressure from the chinese government clamping down on internet finance. how will this affect the way alibaba payments services work. in general, china's economies needs is, if alibaba going to catch a cold? each company. you are looking at them right now in the premarket. they did close to multiyear lows
yesterday. they are lower in the premarket. 76 and change perhaps good they did peak in november and since then this is an astronomical number a company and goldman sachs. $90 billion totally wiped out. we will dig into all of these numbers in earnings report went south for is that 920 eastern this morning. sandra: looking forward to that very much so. you talk about the ipo up $120. all those believers are disappointed and will suffer the most in three years. the 9:00 hour at the fox business network and asian markets fell dramatically overnight losses of more than 2% on the hang seng. the shanghai nikkei down more
than 1%. hong kong is the big loser there appeared stocks trading lower in midday trading with the cac and friends down 2.6% right now. heavy selling translated to losses. you're at home u.s. stock index futures shaping up for a selloff of theo and losses of a full percentage of the major averages, the feature averages than than a look at commodities. oil and gold to the upside this morning as we look at the currency markets in the next trading in the u.s. dollar you've got the euro currency by the way right now trading higher against the u.s. dollar. the head of the environmental protection agency apologizing now for the masses spilled onto mine waste in colorado. you've been seeing images coming out of there. unbelievable. epa workers unleashed this bill as they inspect to an abandoned
mine that. the 3 million gallons of mine waste turned a river into a polluted stream. >> it pains me to know went to know when to say this is happening, but we are working tirelessly to respond and we've committed to a full review of what happened to ensure it could never happen again. sandra: painful images. it contains arsenic, lead, other heavy metals. slowed at least 100 miles downstream to new mexico. epa chief plans to visit this site today. a judge urging the nfl players seem to have settlement talks before today's hearing over tom brady suspension continues. the judge ordered the new england patriots quarterback to discuss negotiations prior to the public hearing. they acted legally when it suspended brady for four games in the display case scandal.
the union has countersued to block the suspension. of course this morning, just as their quarterback to a locker room fight. >> they are down, something we are dealing with. it's something we don't tolerate, something we can't and. you don't walk up to another man to punch them in the face. sandra: the jets gina smith down for the count with a broken jaw. the markets trend devalues its currency again come the second day in a row of heavy selling in markets. the new sitting u.s. stock index futures right now. dell features of a full percent. 176 the loss right now. you are watching "fbn:am." this is your first look at morning markets and breaking news. we will be right back. ♪
maria: welcome back. that's a product of the global market. asian markets down dramatically overnight as china moves to devalue current d. again. a shocker for markets that the hang seng at 2.4%. the nikkei and the cost be down as well. big selling in asia and over in europe takes time as well. the cac down nearly 3%. dax in germany at 2.5%. the ftse in london seeking us well. seeing weakness of dow futures up 183. checking in on commodity prices you will see green arrows there is oil prices and send back a
bit with a gain of more than a percent. gold prices out nine bucks on the morning. currency market the euro up against the u.s. dollar. the yield on the treasury is just over 2%. turning to sports this morning in football. the jets will go into tomorrow's night preseason game without quarterback gino smith has suffered a broken jaw in a fight with ik and then published reports indicate the fight was over smith's failure to reimburse his teammate $600 in airfare and limousine fees. this after smith could not attend his charity event. he could be out for six to 10 weeks as a result. now in the hands of ryan fitzpatrick. >> it was an unfortunate situation, something that can't look backwards. i've got to look forward and be the best i can to get on the same page.
maria: a long night in cleveland as the yankees fell flat before to the indians. michael bradley's rbi single off mike to share his -- growth. a rundown of global market action before we handed over to maria bartiromo. stay with us. hi my name is tom. i'm raph. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back.
sandra: china moves to devalue currency again and as a result global markets analyst at market thehan 2%. europe's weakness down across the board, a loss of nearly 3% right now on the cac and france. u.s. stock index futures point to a sharp selloff on the up in the dow futures up 190 good losses of 1% across the board. time now for maria bartiromo and "mornings with maria." over to you, maria. have a great morning. maria: seeing a little bit, sandra.
thank you. i am maria bartiromo. it is wednesday, august 12th. whitney fox business network jo ling kent, darren bruce berg and risk and reward those teacher bolts in. hillary clinton's personal e-mail server in the hands of the justice department. turning over the device after two e-mails sent to the personal system. one of the government's highest classification ratings. the presidential election campaign say mrs. clinton will cooperate with the increase. last night gop presidential candidate donald trump told sean he had problems with people doing the investigation. >> to me the e-mail scandal is general to transfer during a tiny fraction of what she did, his life is destroyed, ruined. >> she said for classified e-mails of their 60,000 total. do you think she committed a
crime? >> she committed a crime. the problem everybody has in terms of finding out his democrats are all the prosecutors. does she committed a crime? yes. both of prosecutor? perhaps now. he joins lou dobbs at 7:00 p.m. eastern right here on spn. alibaba care enough to report earnings before the start of trading this morning. fifty-eight cents a share of $3.4 billion for the first fiscal quarter. another retail name, macy's reporting 77 cents per share on revenue of 6.23 billion. we will have those ceos on the fox business network this morning. i will talk with terry lundgren on the adm alert and later on, alibaba ceo daniel is sa
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