tv The Claman Countdown FOX Business January 7, 2020 3:00pm-4:01pm EST
that. couple of our great companies are doing it. reporter: how do you feel about [ inaudible ]? is that something suleimani actually wanted? >> well, it's something that i want, too. eventually they have to be able to defend themselves and take care of themselves and it's something ultimately that i want to see. we don't want to be there forever. we want to be able to get out. i didn't want to be there in the first place, to be honest, and everybody knows that. that was when i was a civilian, i said it. but we were there and they made a decision and i disagreed with that decision very strongly, but we're there now. we've done a great job. we've gotten rid of the caliphate, 100% of the caliphate is gone. which is isis. we have thousands of isis prisoners that we're keeping right now under lock and key and we want europe to take many of these prisoners because they came from germany, france and other places, probably a few
from greece, in all fairness. >> none from greece so far. >> you're lucky. you're lucky. but we have a lot of -- we have a lot of people right now in prison, isis fighters that are tough fighters and they are where they should be. so i think we've done a fantastic job but eventually, we want to be able to let iraq run its own affairs and that's very important. so at some point we want to get out. but this isn't the right point. the other thing is if we do get out, we've spent a tremendous amount of money on building airports and building -- it's one of the largest embassies we have in the world and we want to be reimbursed for the various costs that we have had and they're very significant but we'll work something out and i talk sanctions but i'm only talking sanctions if we're not treated with respect. we have to be treated with respect. we deserve -- tell you what, i tell you, with what we did, excuse me, wait, wait, wait, one
second. with what we did with isis and this was done during my administration, because it was a mess before we got here, with what we did with isis, we've done the middle east and we've done a lot of other countries a tremendous favor. yeah. go ahead. reporter: [ inaudible ]. >> we are talking to him and, when you are talking about libya, we are discussing with president erdogan, we are discussing with many other countries. i just spoke with the chancellor of germany, with angela, and we talked about that subject specifically, libya, what's going on. we'll be talking to russia. they're involved. lot of countries are involved with respect to libya. it's right now a mess but there are a lot of countries and they all want to know where we stand and they do know where we stand. we have a very distinctive stand
and we have meetings set up and we are going to see if we can work out some kind of a plan for peace. reporter: one point on this issue. i think it is important to point out that the agreement signed between turkey and libya infringes on greece's sovereign rights and essentially causes great concern in a region which is already highly problematic. we would be very much looking to your support to make sure these types of provocative agreements are not being put into place and i think we should refrain in general in the mediterranean for any sort of activity that inflames passions and that doesn't promote regional peace and security. we will be very much looking forward to your support on this issue because it is a very important issue for my country. reporter: the iraqi government says it expects u.s. forces to leave the country after the letter that it received.
the general said by mistake yesterday. what do you say to the iraqi government about the possibility of u.s. forces leaving based on that letter? >> well, i don't know anything about that letter. that letter was sent and i understand it was an unsigned letter. so i could maybe let mike speak to it. i don't know if that letter was a hoax or was it unsigned or what? reporter: the iraqi government is taking you at your word they expect u.s. forces to leave. >> i think it's the worst thing that could happen to iraq if we leave. that would mean iran would have a much bigger foothold and the people of iraq do not want to see iran run the country. that i can tell you. we'll see how it all works out. i know it's going to work out well for us because at some point, we want to be able to get out. we want to bring our soldiers back home. i will say that we have had tremendous support from the people of iraq appreciating what we've done, and they don't want to see iran go into iraq. but they're neighbors and over a
period of years, something will happen. we'll see what that is. but what was said yesterday, i didn't know about. i really don't know about it. what is that, mike? what exactly was it? >> it was a draft letter -- >> draft, unsigned? the media knew that. >> the iraqi people understand we are there to help them. >> the iraqi people were not happy when the suggestion was made yesterday that we were thinking about leaving at some point. they were not happy. at some point we will want to leave. steve, go ahead. reporter: [ inaudible ]. >> what? reporter: are you ready for the senate trial? >> yeah, whatever it is. it's a hoax. the impeachment is a big hoax. it's become a laughingstock all over the world. there was nothing done wrong. the two articles that were sent are not even serious. by the way, they're not a crime. the republicans voted
approximately 196 to nothing. this was not supposed to be partisan. it was never meant that way by, as they would say, the founders. so it was -- it's turned out to be a totally partisan hoax, witch hunt and frankly, it's been going on from before i came down the escalator with our great first lady. i mean, this has gone on for three years and probably longer than that and it will be very interesting when the final tabulation is set and when the facts are released because lot of people are working on those facts right now. it's a big deal. it's in many ways the greatest hoax ever perpetrated on our country. it's one of the great hoaxes ever. it started with an illegal document that turned out to be false, the fake document that you know so well, the dossier as they call it, and it went on from there. it was set up by a bunch of dirty cops and others, working with the dnc, working with the
democrats, and from the day i ran, from the day i was elected and probably before that substantially, not probably, if you look at the insurance policy, the insurance policy was long before that. so that means before i ever got elected they were working on something that's so illegal. so i assume that will be announced at some point into the future and hopefully not too far into the future, and the impeachment story is, it's just a continuation of -- it really is a shame that we can't focus on all of the things, you know, we talked today about iran, we talk about iraq, we talk about economic development, we have the greatest stock market we've ever had in the history of our country, we have the greatest economy that we've ever had in the history of our country, we're setting records, unemployment records, employment records also. we will have almost 160 million people working and that we have to work on this partisan scam is
really a shame, that we have to take time is a sham. all right. that's about it. go ahead. reporter: will you be okay if john bolton testifies? he indicated yesterday that he would. >> that's going to be up to the lawyers. it will be up to the senate and we'll see how they feel. he would know nothing about what we're talking about because if you know, the ukrainian government came out with a very strong statement, no pressure, no anything, and that's from the boss. that's from the president of ukraine. the foreign minister came out with a statement that was equally as strong and frankly, if you look at it and you look at everything, all they have to do is read the transcripts, you take a look not just at one, you take a look at two transcripts, they were absolutely perfect. there was absolutely nothing done wrong. there was no false statement. and it's crazy that it's gotten
to a point where you look, the president of ukraine said there was no pressure whatsoever. there was no pressure on his country whatsoever. by the way, in terms of the money, it got there two or three weeks ahead of schedule, long before it was supposed to be there. there was absolutely nothing done wrong. the one thing i look at is corruption and the other thing i look at is why isn't france and why isn't germany and maybe i could say why isn't greece, why aren't all of these countries, why aren't they paying? why is it always the united states that has to pay? i said that very strongly. in fact, it's in the transcript but the press doesn't cover it. why is it that the united states pays and it affects europe far more than it affects the united states? why isn't it that france, germany and all of those countries in europe that are so strongly affected, why aren't they paying? why is it always us? that's one question. and the other question is always about corruption. we are sending all of this money. where is it going? where is it going? and the president, by the way,
got elected on anti-corruption and i think he's going to do a great job. but i appreciated his statement. he's made it many times. no pressure whatsoever. thank you all very much. [ speaking simultaneously ] >> i don't know. i don't know. i have to look at it. you just told me for the first time. i'll take a look at it. liz: president trump meeting with the prime minister of greece in the oval office moments ago, calling iranian general suleimani a quote, murderer but also stepping away from his earlier threat of possible attacks on iran's cultural sites, saying, this is what the president said, he would obey international laws. still up in the air, though,
whether he will slap new sanctions on the authoritarian nation. let's get right to blake burman at the white house. blake, i'm looking at the markets very closely here. moving off the lows as the president struck a serious but perhaps calmer tone. reporter: four headlines here i will give you. you mentioned the first right off the top, the president appearing to back away from the threat a couple days ago of targeting iranian cultural sites should iran retaliate against the u.s. the president saying there in the oval office just a little while ago that he likes to obey the law but he also said that if iran were to respond, were to retaliate against the u.s., that they would suffer very strongly nonetheless. the president suggesting there that he is backing off that cultural site threat. number one. number two, you remember on his way back to the white house here just a couple days ago, the president suggested that if the u.s. wasn't treated fairly, when it leaves iraq, that there could be sanctions against iraq. i am told over here at the white house that they are preparing for those sanctions, though it is at a very low staff working
level. the reason why they are doing that is because the president issued that possibility on sunday. we just heard the president once again mention it a little while ago, though he said he would only do that if the u.s. isn't treated with respect. number three, we heard from the president but we have also heard from top members of his administration today, the national security adviser, robert o'brien and secretary of defense mark esper saying this afternoon that a strike, potential strike against u.s. interests was days away. esper saying it was days, not weeks away. number four, i will leave you with this. the briefings are about to begin next hour, the gang of eight will get its first briefing about the intelligence and the decision to take out qassem suleimani and tomorrow, the full house, the full senate will get briefed up on the hill as well. liz? liz: big headlines, i agree. we are watching the markets moment by moment because they are really tied in here. thank you, blake. investors are still, no surprise here, holding their cards very close to the vest, with all this uncertainty in the middle east, which remains a highly
combustible region at this hour. the nasdaq has turned back into positive territory, up nine. s&p is down five, the dow down 85 points. we've got this breaking news out of boeing. the aircraft maker now recommending fresh 737 max simulator training for pilots who plan to fly this plane when and if it ever returns. it's been grounded since last year. as we watch for it to return to service, the final determination on that training will be done not by boeing, but by regulators. the situation still, while bumping up at least boeing's stock, is sending shock waves down the supply chain. top boeing supplier spirit aerosystems is offering voluntary layoffs. the stock is up on that news by just a percent but it has gotten hammered recently. what it's going to do is try to refund thousands of its workers to other jobs. separately, it reached a settlement with american airlines over losses from the
grounding. you know, even a bullish note from jpmorgan, not enough to lift netflix shares. the firm predicting the streaming service will hit 300 million global subscribers in 2024 versus the 165 million global subscribers that netflix had at the end of the third quarter. jpmorgan doesn't like these numbers. netflix stock doesn't like jpmorgan's call, down 1.25%. all right. as day two of pain continues for the home furnishings retailer pier 1 imports, it is on the verge of bankruptcy. the company is shuttering stores, laying off workers and reporting a net loss from a year earlier. the stock is falling at the moment, as we look, down 6.66%. if you go by any at least of the ones that are going to be closed, you have the big yellow everything must go signs for pier 1. flip it over to tesla. ceo elon musk doing the happy dance. why this little jig onstage? he was celebrating the model 3s
that is made at the company's china plant. brand new ones coming off the assembly line. this video of the billionaire bopping along comes as tesla's market cap has now surpass ed ford's peak making the most valuable car in the u.s. tesla hitting a brand new record today, annoying the short sellers, thrilling the tesla faithful. it's up 4.25% to now $470 and change. tech is the shining star. we do have the nasdaq back into positive territory. the biggest business story globally now in sin city is ces, annual extravaganza put on every year by the consumer technology association which reps the $401 billion u.s. consumer tech industry. it attracts more than 175,000 people last year. they may break the record, 160 countries flocking to see some 20,000 new gadgets and gizmos from more than 4400 exhibitors looking to transform our everyday lives. that's an all electric
motorcycle. one of the companies, uber, pairing with hyundai as it looks to build the air taxis of the future. look at this bad boy beast. uber and hyundai unveiled an electric four-seat aircraft set for maximum speed of 150 to 180 miles an hour, a range of 60 miles. it first hovers and then it cruises forward. all right. let's get to the roads. germany's zf bought trw recently, letting me get behind the wheel of its see-through car. they literally took the skin off an autonomous car to really show you the technological advancements being used in the push toward driverless vehicles that are coming to the roads. when we come back, live from las vegas, the world's first foldable computer laptop. courtesy of lenovo. you will see it first, the whole world will, on "the claman countdown." stay restless with the icon that does the same.
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liz: all right. we've come down from the broadcast tower to the floor of the consumer electronics show here at the las vegas convention center. hundreds of thousands of journalists who cover tech live and breathe it, are here. they want to see the next new thing. i thought let me show you our laptops here. your classic laptop, it's gotten smaller and lighter, but the world's first foldable laptop with no seam has never been done until lenovo. i want to introduce you to the guy who is about to unveil it for you and our viewers. first time ever in a national unveil, matt zelinski of lenovo north america. frments th >> this is the world's most versatile personal flexible device on the planet, literally and figuratively.
imagine a world where you can watch your favorite episode on the way to the office in the back of a cab. imagine a world where you have an e-reader before you go to bed late at night. imagine a world where you are doing side by side comparison shopping, say you have a recipe going and demo on the right, imagine a world with skype where you can have your device folded and make eye contact with your peers and look at content down. imagine taking notes with an active pen and trying to solve a differential equation if you are in school. as a virtual keyboard as well as a full screen display with a stand and the exact same quality of keyboard that comes with our thinkpads that has the scissor action design with a very snappy feel. this is the hottest product and you are seeing it first. liz: can i fold it? okay. here we go. you ready? i am folding this like a book. there is no seam. that's what's brilliant about -- how do you do that? what is this made of? flexible plastic or something else? >> this is an organic l.e.d.
display. it is a heck of a feat of engineering. if you look at the mechanism, there is absolutely no crease. that's the magic. we have been at this for 35 years. we always push the envelope of design innovation. we know what we are doing. liz: are there usb ports? >> there is a usb-c port. absolutely. liz: here's the usb port. i'm having fun doing this. >> i will send you one. one is all yours. liz: we must yiet use it as a t. this is brilliant. how much and when will this be available? >> this is $2499, available the midpart of the year. that's starting price point. this device will also be 5g enabled which is a huge deal for productivity as you know and it's always on, always connected, very much like a smartphone. hit the button, it's online. liz: how durable is it? >> tell you what, it has the exact same standard as our regular thinkpad. it has military grade testing.
we folded these things hundreds of thousands of times to make sure there's no crease. we drop it in the corner thousands of times. this thing's a tank. it really is. liz: the price again? >> the exact numbers, we dropped this thing tens of thousands of times on its side, we drop it down, it really has the exact -- liz: okay. >> you can smash it. see? still works. liz: i'm liking this. okay, guys. you are seeing it right here first. the first foldable laptop courtesy of lenovo. thank you. >> thanks for having us. liz: this is why you are here on fox business, to see it first. the big unveil. speaking of first, inside the future home of the las vegas raiders. only roger goodell, head of the nfl, has gone inside. fox business, the very first camera crew and journalists allowed in. it was our first stop when we arrived in las vegas a day and a half ago for ces 2020.
it will be the most technologically advanced stadium on planet earth. we are about to give you a tour inside with cox communications president, who is linking it up, hooking it up for wifi, youtube and so much more. wait until you see it. we'll be right back. oh, your mom just texted. she's landed. and she's on her way to our house. what. i thought she was coming next weekend. i got it. alexa. start the coffee. set the temperature to 72. start roomba. we got this... don't look. what? don't look. lets move. ♪ mom. the lexus es, eagerly prepared for the unexpected. lease the 2020 es 350 for $389 a month for 36 months. experience amazing at your lexus dealer.
uhh, excuse me, is there a problem here? you're in a no parking zone. oh, i... i didn't know. you didn't see the sign? that... that wasn't there when i was here earlier. (whimper) really? you know, in italy, they let you park anywhere. have a good day, sir. with geico, the savings keep on going. just like this sequel. 15 minutes could save you 15% or more on car insurance. (glass shattering) (frustrated yell) (car horn blast) (yelp) liz: welcome to allegiant stadium, home to the soon to be las vegas raiders. cox communications will be making this the most connected stadium in the world. what does that mean? >> it will be incredible. when this place opens up, in another six months, this will be the most connected stadium in
america. the town i grew up in in iowa, there will be more access points in this stadium than the town i grew up in. liz: how many? >> 1700. liz: 1700. >> yes. liz: what will that enable people who are coming to this game to see and do? >> we are having this conversation the other day, a generation ago, two, maybe, people built these stadiums and worried about beer and brats and bathrooms. today it's all about broadband. people want connected, they want to share their experience and i'm sure there's incredible things raiders are going to bring to share with their fans but you will have a very unique fan experience here. liz: we were inside just a minute ago and we saw cable trays, miles and miles of trays that obviously have cable for how many screens? how many television screens? >> i believe it's 2200 screens. the cool thing about these screens is they built this stadium for the raiders but unlv will also play football here. they've got major acts already lined up, bowl games lined up and they can change the environment by just changing out the screen. liz: this is an important
question. how many connected devices will this stadium be able to handle? >> well, it's a redundant 40 gig circuit that comes in here and it can be easily upgraded, well, there's going to be 65,000 seats in there so i'm sure the raiders, my team sat down with them, they planned this for 65,000 people, they will have a really good experience. liz: we were looking at the so-called selfie locations. at the end of the stadium, so cool, and it's all glass. you can see the las vegas strip. that's going to be the place where everybody goes and takes selfies. maybe i'm old school, what about just watching the game? has the world changed that much? >> no, i think people are coming to watch this game but it is unique experience. you saw standing there, imagine at night when they open that up and the las vegas skyline, you can see that, you can see the al davis torch. it will be a very emotional moment the first night the team shows up to play here. liz: matt pasco is in charge of
technology here. he says that now social media and this immersive experience is like a utility, it's like water and heat and air conditioning anymore. it's just got to be there. how will this stadium be different from anything else on planet earth? >> they are the latest so the latest is usually the best. that works that way in the nfl. but the whole city of las vegas is that way. we have been at the convention center before. there's 2200 access points there. the wynn just announced doubling their convention space. broadband connectivity is really important. liz: what about the fan experience sitting in the seats, looking down? we saw all of the 65,000 seats. there's an app, they will be able to order food directly to the seat. as i understand it, you can even actually see a seat that's open a bit lower and pay a little more? talk about that. >> it's the experience, walking around inside here, it will recognize where you're at, and you can see it now, hot dogs, get a hot dog for $5. normally $7. they can do offers. we were talking about this when
we walked around. typically in stadiums, all the capacity was planned to come into the stadium, how much can be coming in. i guarantee you, when this opens there will be more being shared out of this stadium than coming in. it's been planned that way and the kind of experience fans want to share. liz: down at the other end of the strip, ces, 2100 access points and growing. the big topic there, 5g. there are so many promises about it. latency will be immediately slashed, meaning you don't need to wait for devices to talk to each other. instant seven-second downloads of movies. what have you seen at cox that is actually effectuating 5g because a lot of people are still waiting. >> i don't think it's a 5g thing. you can't have wireless connectivity without a wire line network. that's the business we're in. 82% of the cell towers in our markets, we connect today. it will be as good as the wire line connection. a majority of the traffic in this country goes across a wire
line network or broadband network. 5g will come. it's the next generation. there will be a 6g, a 7g but it won't be quite as exciting as 10g. when we bring 10g to the home, that's ten gigabits to the home. that gets me jazzed to see what kind of things are coming the next three to four to five years that can exist in a platform with 10 gigabits at home. liz: he's rushing us. we aren't even at 5g and he's talking 10g. pat, thank you very much. after all this, are you going to be a raider fan? >> kind of hard not to be a raider fan. i got to say one thing about this stadium. it underscores the point, las vegas is the entertainment, the business and now the sports capital of america. liz: okay. can i stop being a browns fan? no, never. but wow, wait until you see more of this stadium. we've got drone footage. we've got more of this tour with pat esser of cox communication. this is not their first rodeo. they did arizona cardinals stadium. they have done so much but it is
really a fascinating story. go to foxbusiness.com or lizclaman.com for so much more, because we were there, we were the first to get inside there and you will see the lessons they learned, not mistakes but lessons from building out the cardinals stadium that makes raiders stadium that much more advanced and connected. from connected stadiums and ultra-fast wireless speeds to foldable laptops, it is all here at the consumer electronics show 2020. but what about this kind of tech? digestible tech. yeah, food tech. our next guest has accomplished basically literally the impossible. he's the creator of fully plant-based meat products that are made out of everything but meat. much smaller footprint. we want to introduce to you pat bro brown. pat, there he is. pat brown. excuse me.
hello. nice to see you. so busy. thank you so much for joining us. you are passing out impossible pork. >> yes, this is the very first day when we are serving impossible pork, actually a sandwich to consumers. liz: 25,000 of them. >> yeah. we are probably going to run out. but yeah, 25,000 at ces is our plan. liz: why did you pick ces, the consumer electronics venue, to debut the food? >> well, ces i think is really known as a place where technology innovation gets introduced to the world, and the food system is the world's biggest and most impactful technology and the most important technology out there. it's just not generally thought of as a technology because there has been so little innovation.
we are technology innovators in the food system and so in the sense that this is the perfect place for us to introduce new products. liz: i just want to tell you pat is a pediatrician, an m.d., and you are also a biochemist. you taught at stanford. you did so much scientifically, then you came up with let me solve a problem in the world, that is the situation with beef and how it pollutes, it is the number one water polluter when it comes to agricultural type of pollution. >> actually, the biggest source of water pollution full stop, biggest consumer of water, more greenhouse gases than the entire transportation sector and overwhelmingly, the driver of the ongoing collapse in biodiversity. that made this problem of
replacing the world's most disruptive technology for me the most important scientific problem in the world. liz: okay. you are handing out, you've got a pop-up kitchen outside. i believe we have a camera there. we are showing some of that. so you unveiled impossible burger 2.0 here last year. it is now today, fast forward one whole year, in 17,000 different venues and restaurants. white castle, red robin. >> burger king. liz: what is the difference when you develop the impossible pork slider which i'm holding right now, how did you make it taste like pork versus beef? >> yeah. that's a very good question. so pork obviously is not just like dilute beef. it has its own distinct flavor profile. it even has a texture profile. so all of those things are very non-trivial scientific challenges but fundamentally, when we started out, we studied meat as a category in
biochemical and molecular terms and really, when you think about it, pig muscle and cow muscle, most of the biochemistry is very very similar. it's the subtle differences that distinguish from a flavor intensity standpoint, the difference between pork and beef, and we understood the fundamental system and we knew what adjustments to make. liz: and you did that. this is such an interesting technological level. you found that molecule that makes beef tastes like beef, correct? >> yes. liz: and that actually, you weren't making any [ inaudible ]. my question is there has been such massive demand for your product, you basically said we are not going to chase mcdonald's anymore because we are not in a position to make enough impossible beef. tell me what happens there. that's a huge customer that you could have owned.
>> well, it's really up to mcdonald's and the customer to decide what they want to serve in their restaurant, but for us, what happened last year is that it was kind of we had such a surge in demand, we expected growth in demand, but it just completely outpaced our production capacity. so at this point, by the end of the year we have grown our production capacity by more than four-fold. actually just in the past six months. and we are continuing to grow it. we have partnered with the biggest food co-manufacturer in the world, osi, to enable us to expand our scale. we are getting ahead of that problem. but i would say no kidding, the demand for our product and for delicious, nutritious plant-based meats is huge and it's a real challenge to keep up with that demand. liz: before i take a bite for our viewers, because i'm going to be very honest with you what
i think of the taste, what are you guys developing -- >> don't hold anything back. liz: what are you developing now? i heard steak. >> we have been working on what i would call whole cuts of meat like steak, like pieces of anatomy like steak for a couple years now. we have every intention of launching them as soon as we have a product that to a hardcore steak lover -- liz: you will unveil it on "the claman countdown"? >> yes. liz: okay. ready? here we go. i am taking a bite of the brand new unveiled right here, impossible pork slider. tell me what's in it. soy protein, right? >> soy protein, sunflower oil, coconut oil. liz: i like it. i'm not tasting pork per se. >> interesting. liz: the aftertaste is coming.
that's weird. here it comes. wow. i like that. thank you so much. i'm going to finish this in the commercial break. pat brown, the founder and ceo of impossible foods. congratulations. in a real american innovation here at ces, it's so fascinating to see. speaking of innovation, what is this? okay. this is actually one of the most in-demand gadgets at ces. it's $149. you pet it and it apparently is very calming. people in tokyo love it. you just kind of rub it, if you rub it fast the tail moves more quickly. rub it slow, elderly people, very popular with them. absolutely fascinating. but small enough to fit in your purse so there's a baby version of it. but hey, it's these kind of things that make ces the wildest place on the planet. when we come right back, much more straight ahead from ces.
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liz: back now live at the consumer electronics show 2020 las vegas, i'm telling you, in the first couple of hours, you start to see trends develop. mobility is huge, whether it is as we said, flying cars or autonomous vehicles, et cetera. this is definitely something that has become big. in fact, somebody over in the auto area told me that it has now taken over and done better when it comes to car exhibits and displays than the detroit auto show. but that said, we need to get you back in action to and updated with a very important
story involving the former auto ceo and chairman of nissan, carlos ghosn. the former nissan chief is now also the subject of an arrest warrant issued by the japan on charges of perjury. prosecutors say they believe carole ghosn actually gave false testimony in tokyo court last year [ inaudible ]. it's all about transfers of money that allegedly led to losses for nissan. carole ghosn also accused of denying knowing various individuals involved in the case as well. so japan is also now combing through lebanese laws to try to find some way to legally request ghosn's extradition. the master of disguise didn't even have to disguise himself to walk out of his house in japan and flee to lebanon but there was a certain point where he stowed away in a large audio equipment box that had airholes in the side of it, got on board
the flight to osaka, then out from there to lebanon by way of turkey and ghosn was gone. well, he was a major staple at the consumer electronics show. multiple times i interviewed him and in davos. carlos ghosn, the man now on the run, proudly showed off nissan's latest technology in 2017. that was the last time carlos ghosn was here and we got time with him. i also interviewed him multiple times in davos. this is a fascinating development for one of the top ceos in the world. all right. let's get back to technology. coming a long way in the past three years. we've got another big day tomorrow. live from las vegas and the consumer electronics show, delta airlines ceo, the first time he is displaying here. what's he going to be talking about? stay with me. we have the interview with him. we also have lg's top brainiac
and president, dr. i.p. park. he will talk to us about the evolution and now the realization of that roll-up television. and president and ceo david zaslav of discovery channel. he's going to be talking about the streaming war and he is here with us tomorrow at 3:00 p.m. eastern on the fox business network's "the claman countdown." let's take a look at t-mobile. it is up slightly right now intraday after investors listened to what nomura had to say. he said anybody who was invested in t-mobile will be in the clear no matter what happens in its fight with forces to get together with sprint. charlie gasparino joins us live from new york and the headquarters of fox business with information on what t-mobile's next move could be. charlie: yeah. this is a still percolating
situation. the companies, t-mobile and sprint, are putting together contingency plans if they lose the case before a federal judge. as you know, we were reporting, wall street is betting heavily they are going to lose this case and you can tell just by the spread between the two stocks. sprint is down again today, so the spread is growing, and t-mobile is up which means that people are betting that the deal won't happen. if it doesn't happen theoretically, t-mobile doesn't have to buy sprint, thus its stock goes up, sprint's shares go down. so this spread is widening. as it's widening, the companies are engaged in internal discussions on what to do next. do they appeal or don't they appeal. and how do they appeal. this is what we have learned from people close to the situation, is that there is some talk with the companies, with doj antitrust, that the companies would enlist doj antitrust to help them appeal the case, that essentially doj antitrust would become, if they
choose to appeal, become a party to the appeal to basically stop, to allow the merger of t-mobile and sprint to go forward and stop the federal judge to block the deal. now, why would they go that route? let's be real clear. doj antitrust has a lot riding on this deal. they believe that the combination of these two companies is going to be good for 5g, it's going to be good for wireless, they believe they have dealt with the competitive issue, you know, obviously when you merge sprint with t-mobile you get rid of a wireless carrier but they have created dish as the fourth wireless carrier. they went through a lot of hassles to get this thing done, ma mackem delrahim, along with the fcc to try to craft an approach to basically block the federal judge from nullifying this merger. so if this thing does get nixed by the judge and again, wall
street is betting heavily that it will, there is talk that the two sides join together on a joint appeal which would obviously -- could take this to the supreme court. we should caution, monno decisi has been made on whether to appeal the case. for all i know they won't appeal, they will say we're wasting too much money. our friend, founder of boost, has opined on twitter and reported on twitter that there may be another way around this, that somehow sprint and t-mobile enter into a joint venture together as opposed to a total merger. so you know, we should point out that no decision has been made. but if they do appeal, from what we are hearing, the likely appeal will be to try to get doj, the trump administration, to support the appeal and maybe try to appeal together to a higher court, and that would be a pretty interesting battle. the trump administration, t-mobile, sprint versus tish james, the new york attorney general and the california
attorney general. again, one issue i think the companies think they have a good chance of winning on appeal is this is 13 state attorney generals. it's not all of them. it's very rare that 13, just 13 state attorney generals can overrule the federal government on a federal issue like telecommunications and antitrust. anyway, back to you. interesting stuff. we will know more i guess in the next couple weeks. i think closing arguments are january 15th. so thing this is coming down the pike. back to you. liz: sounds good, charlie. good stuff. thank you so much. all right. when we come back, the "countdown" closer. don't go away. doing what's righ, not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it - with hassle-free claims, he got paid before his neighbor even got started.
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story. everybody was buzzing about 5g. well you know, we haven't really seen it. but we do have our "countdown" closer, george young, two billion in assets under management, says time to get in before, actually hits critical mass, george. >> yeah i think so. i think there are a couple stocks. a big stock we like atville lori balanced fund is semiconductor. i looked where you are at the ces convention, they will be in hall 257, how people change their life. that is what i think on semiconductor. it's a cheap stock. growing quickly. hasn't caught on in the market. only selling 15 times next year's earnings. it's a great play. they're in 84,000 products. this is like gold miners, a lot of people chase gold and this is way to play 5g and play it very effectively. liz: you do have to be patient.
i've been hard on 5g fans, i keep saying where is it? i'm telling you we do not really see it in full, half fledged, sort of energy here. but you've been a fan of small caps over the past three years. you continue to push for them. >> right. liz: i'm a fan of little guys. i think they're gutsy. less exposure to trade wars. russell 2000 didn't get any records last year when the s&p and dow were killing it. >> you're right. we look for value in small and mid-cap stocks. i think that is important that you note that the laggards have been in that area. so there is still more room for the stock market. that being said, we still want to be somewhat cautious. we have 15% in our mutual funds right now. there is always opportunities. the market is volatile as everybody knows but the difficulty finding the right stock at the right time. they're out there. there are plenty of them. liz: george, thank you so much.
george young of the villere value fund. [closing bell rings] we'll be here at the consumer electronics show where many stocks are represented here. that is it for the "claman countdown." it is still a nervous market with the situation in the middle east. connell: we have a crucial meeting supposed to be happening right now on capitol hill. all three major averages ending today in the red. you see the dow settling lower. nasdaq was fighting for gains in the close. doesn't look like it will get them. the gang of eight, congressional leadership is briefed on tensions with iran ahead of a wide every congressional briefing set to take place tomorrow. that is your backdrop with the dow down 120. good to be with you. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." nasdaq also ending in negative territory. first, here is what is new at this hour. clearing a major hurdle. we are one step closer