Skip to main content

tv   After the Bell  FOX Business  December 2, 2020 4:00pm-5:00pm EST

4:00 pm
agree with you. airlines will be bun ever big beneficiaries. cheryl: more news in the morning initial claims coming out in the morning. [closing bell rings] looks like we are going to get, i don't want to jinx it, six points up on s&p. another record close there. connell mcshane. take it away, sir. connell: looks like we are. we had a fight all day long to stay in record territory, cheryl, up and down all day on wall street. any gain at all for the s&p 500 would mark a record close. looks like we have any gain at all, up six 1/2 points. second record in a row. nasdaq falling slightly from the record close in the books yesterday. dow struggling off early losses ended up on the day by 61 points. that is where we stand. i'm connell mcshane. this is "after the bell." time for the news that is happening at this hour. our fox team coverage, edward
4:01 pm
lawrence in washington, peter doocy covering the president in wilmington, delaware. edward, we'll start with you, when things get started this willing something of a surge event? reporter: exactly, 61 million doses of pfizer-biontech vaccine sit on a shelf. that will happen after 24 hours after approval. 24 hours after that vaccinations take place under emergency designation. fda hearing set for december 10th. we could see mass vaccinations on december 12th. the plans the administration have made are shift into action. >> but every day that goes by after the initial push additional vaccines come off-the-shelf because they have been certified and approved for distribution and administration. it's a initial push and then a
4:02 pm
continuous cadence, flow of vaccine for planning and coordination and execution. reporter: we're looking at 20 million people vaccinated by the end of this month, 30 million in january, 50 million in february. by march "operation warp speed" estimates 100 million people have protection from the virus. still the cdc director robert redfield says the first and second quarter next year will likely be restrictive as far as big crowds like concerts and sporting events. he said life will go back to normal fall of next year. however he thinks schools are a safer place for kids than 100% virtual learning. >> we have enough data now, when i say we, each of these jurisdictions to show that elementary schools are not a source of transmission. when you see careful studies that are done, kids in virtual learning have higher infection rate than kids that do
4:03 pm
face-to-face. reporter: redfield says there is now mountain of data that says schools can open safely, con connell, back to you. connell: interesting comments on schools. we've been sitting here since december. you've been following this since the beginning in march, are we startingsee see from officials estimates from officials how much all of this will cost us? reporter: those are being compiled but today for the first time i heard cdc director robert redfield it will cost $8 trillion in health costs alone. after talking from larry kudlow from the white house, the total cost from with the economic damage will be somewhere 15 to $20 trillion to the united states alone. back to you. connell: 15 to 20 trillion. all right. edward, thank you. big vaccine news overseas today. the uk became the first country in the world to approve a covid vaccine made by the american drugmaker pfizer, german company
4:04 pm
biontech. jackie deangelis in the newsroom with more on that. reporter: good afternoon to you, connell. it is remarkable, takes 15 to 20 years to develop vaccines like this. it has been done in a matter of months. the pfizer-biontech approval has been green lit in the uk as you mentioned and the first shots will be given next week. 800,000 is the initial batch. the uk also ordered 40 million doses to come. it's a two-part shot. 20 million is about a third of the population but most of this is not going to be in the hands of those who can inject it until next year so keep that in mind. also interesting the difference in the the uk political and regulatory systems made it the first. here the fda is going to meet regarding the first approval in the united states next week. that is for pfizer. and the week after that a meeting for eight approval on moderna. eu will take a little more time on this it could be as late as december 29th for pfizer and possibly january 12th for
4:05 pm
the moderna vaccine. really interesting stuff here. you certainly know we've been working so hard in this country, connell to get there. big step that the uk was the first to do it. connell: it is a big step. we talked a lot on this show yesterday once we get to the point who gets it, who goes first, who is first in line. what about over there? reporter: how they will do it, it will be the people, health care workers ho are on the front lines that need it the most and also the elderly. remember the initial batch of 800,000, that will not even cover those two groups that i mentioned. by the time those two groups are covered, it will be well into next year by the time the whole population can have it, it will be even later than that. connell: the other thing i noticed when you were reporting about this that you mentioned only the uk, not the eu that they're separate on this, right? reporter: it is so interesting because this is how brexit worked in action. why boris johnson wanted to remove himself and his country from the eu because he wanted to be able to cut through the red
4:06 pm
tape. so they were able to approve it faster. according to johnson they met all the standards. it will just take the rest of the block a little longer to do it. connell: really interesting, the brexit effect as you say in action. jackie, thanks. jackie deangelis in new york. no end in sight meantime for all the talk we had here yesterday about signs of progress, congress remains divided over a new coronavirus relief bill. we're live with chad pergram on capitol hill. what is the latest, chad? reporter: mitch mcconnell, the senate majority leader says he doesn't want a messaging bill. he wants to make law. he wants a piece of legislation which can earn the signature of the president of the united states. why he is pushing this 550 billion-dollar so-called skinny bill. he is working with the treasury secretary steve mnuchin who was testifying here on capitol hill here today on the house side and was asked about that at the hearing this morning. listen. >> i would encourage congress, particularly over the next few weeks in the lame duck, try to get something done.
4:07 pm
>> i would advise the president to get involved and get off the golf course. reporter: mnuchin also said he believed that the concept of traditional direct payments was dead. a coalition of bipartisan senators are pushing 908 billion-dollar coronavirus package. doubt that plan could get 60 votes to overcome a filibuster. some republicans don't like there is $160 billion in that bill for state and local governments. >> i can assure you with my republican colleagues, wait i feel also, i spoken to the governors on all sides, they know they cannot cure their ills with this money. reporter: the other thing that they're working on capitol hill is trying to get a bill to fund the government by the 11th of december. now it would not be christmas at the capitol here if you didn't have some sort of a crisis. they're looking trying to get this done by december 1th. that is the actual deadline here on capitol hill. richard shelby, share of the
4:08 pm
senate appropriations committee said in the past hour he says he doesn't think they will get the overall bill, omnibus bill, would entire government for entire fiscal year by december 11th. he thinks he has to do a bandaid. this runs headlong into another problem, house majority leader steny hoyer wants everybody out of the building by the 11th of december. he wants them to go home and quarantine and requarantine to come back to washington, d.c., so they can start the new congress on january 3rd. connell? connell: wow. quarantine and requarantine. chad, thank you. a lot to deal with obviously in washington. fox news correspondent peter doocy in wilmington, delaware. as we get latest on the president-elect joe biden and well maybe the vice president-elect as well. what is happening in wilmington today, peter? reporter: connell, we have a little bit of breaking news, a few minutes old, a source close to the transition that michelle grisham, the governor of
4:09 pm
new mexico was offered the position of interior department secretary and turned it down. some of our competitors have been reporting that she is a front-runner for that position as recently as this morning. the transition is telling us they don't know where those reports are coming from but that the offer was made by the president-elect to grisham and she said thanks but no thanks. right now the president-elect is occupying himself with teleconference. he is talking to some small business owners affected by the covid-19 driven downturn. there is lot of back and forth. so far he is mostly listening at a theater in wilmington wired to give speeches with events like this. he is not getting involved in day-to-day negotiations about potential covid-19 relief. he didn't know anything about what a bipartisan group of lawmakers on the hill put in their 900 billion-dollar proposal until after they already went public wit. he says he does want something passed now during the lame-duck session that would require
4:10 pm
cooperation from mitch mcconnell but the two of them still have not spoken. biden also announced starting to shrug off concerns about his budget director pick, neera tanden. she is deletes ton of tweets a account managed to offend conservatives and progressives. they said if nasty tweets like her mattered 90% of republicans would not qualify for jobs. he is not withdrawing her. reacting to the attorney general's announcement that he has not found any widespread voter fraud that changes the result of election. "new york times" interview with tom friedman, barr called him, asking if i get him in the witness protection program for endorsing me, the attorney general selection for president biden is one of outstanding big jobs. we expect that sometime this month, connell. connell: one of the ones still out there. two things, peter, two things if you can, go back to breaking news on grisham, is that the
4:11 pm
first time as far as you know that president-elect has been turned down by someone in offering fairly big job a cabinet position? the second thing, quickly if we have time, i know there was comments on the fbi director. so both of those real quick if you have the time? reporter: on the fbi, the biden administration plans to keep christopher wray on in his current job that doesn't mean president trump couldn't still fire him he suggested he might do before he leaves office. biden team will letway finish his tenure as much he can. this is the first time we know biden privately extend ad job offer of a cabinet secretary position and told to go find somebody else. i'm sure it was more polite than that. that is the up shot. connell. connell: interesting. with the exception, peter obviously of that offer for you to be press secretary a few weeks ago, that was turned down as well. reporter: that was. here we are. >> first-hand experience, we are
4:12 pm
going to talk to a johns hopkins professor about his experience after receiving a dose of a covid vaccine trial. plus health officials, sounding the alarm as hospitals brace for a shortage of front line workers. details this hour. ups slapping shipping limits to manage a surge in e-commerce customers. the delivery giant instructing drivers to stop picking up packages at six retailers including macy's and ll bean. on cyber monday as the pandemic fuels online shopping. stick around. home insurance, here's one that'll really take you back. ♪. it customizes our home insurance so we only pay for what we need! and what did you get, mike? i got a bike. only pay for what you need.
4:13 pm
♪ liberty. liberty. liberty. liberty. ♪ to syour body needs routine. system, centrum helps your immune defenses every day, with vitamin c, d and zinc. season, after season. ace your immune support, with centrum. new projects means you need to hire.gers. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. claim your seventy five dollar credit,
4:14 pm
when you post your first job at can you tell me the story again? every family has their own unique story. give your family the chance to discover theirs this holiday season, with ancestry. this holiday season, we do things differently and aother money managers, don't understand why. because our way works great for us! but not for your clients. that's why we're a fiduciary, obligated to put clients first. so, what do you provide? cookie cutter portfolios? nope. we tailor portfolios to our client's needs. but you do sell investments that earn you high commissions, right? we don't have those. so, what's in it for you? our fees are structured so we do better when our clients do better.
4:15 pm
at fisher investments we're clearly different. the team's been working around the clock.wire, we've had to rethink our whole approach. we're going to give togetherness. logistically, it's been a nightmare. i'm not sure it's going to work. it'll work. i didn't know you were listening.
4:16 pm
♪. jackie: welcome back to "after the bell." i'm jackie deangelis. we're having a little bit of technical glitch with connell mcshane's camera. we'll get i am back up for you as soon as possible. meantime we know the uk is already there. there is growing hope here in the united states the fda will authorize emergency use for the covid-19 possibly as soon as next week. this johns hopkins professor is one of tens of thousands of participants volunteering to help that goal become reality through vaccine trials. jason farley is a nursing professor at johns hopkins, an infectious disease trained nurse, epidemiologist.
4:17 pm
i hope i said that correctly. >> thank you. jackie: what influenced your decision to participate in the actual trial? >> well you know we all desire, there is lots of rhetoric getting back to normal and the best way to do that is get a vaccine. we all need to think about doing our part, participating wherever possible, whether just wearing a mask out in public or participating in a vaccine trial or both preferably. jackie: being part of that trial did you experience any side-effects and going into it were you worried about that? that would certainly be something that would concern me? >> sure. you know, i think it would be a fool's errand not to consider the potential for side effects anytime you take any kind, whether or not you're taking a water pill or a vaccine there are always side effects. if you drink too much water or too much soda you have to, too many bathroom trips. there are side effects with everything. first and foremost, let's all
4:18 pm
think about that. but most importantly with this vaccine i'm participating in the astrazeneca vaccine study, the moderna vaccine and the pfizer vaccines were already closed, fully enrolled at our site at hopkins. with the astrazeneca vaccine there was data that showed a couple adverse events that did give me pause. but when i looked into the adverse events, they were in the uk, with patients with underlying comorbidity i did not have so i decided to participate after talking with the study team and the physicians at center for immunization research. jackie: let me ask you this because we've spoken to many trial candidates on this show. connell has spoken to them and they talked about whether they think they actually had the vaccine itself or the placebo. any way to tell, any sense which one you had? >> yeah. so i certainly have a suspicion. obviously with the astrazeneca vaccine 2/3 of participants get the real thing.
4:19 pm
1/3 getting placebo. after he received my first dose, and just in full disclosure i receive dose number two tomorrow but after dose number one i did experience about 24 hours of headache, a little bit of, general body aches, nothing severe and i took some tylenol and felt fine on day two. now different than moderna as well as the pfizer vaccines the reaction, or how many side-effects after dose one versus dose two with this particular trial, the studies are tending to show us you get more side effects after doze one. with moderna and the pfizer vaccines people's side effects tended to increase with bows two. my hunch i got the real thing up my side effects were limited and controlled with basic tylenol within 24 hours. >> let me ask you as somebody
4:20 pm
who works within the health care space, next year we'll have more vaccines available. obviously pfizer, moderna on the table, waiting for that approval. astrazeneca is not far behind, j and j as well. as consumers we'll have choices at a certain point at the light at the end. tunnel, maybe some time next year, how to parse through the vaccines and choose the right one for you as an individual? >> ultimately it's a little too early to tell what the overall safety and efficacy data will look like. that is why the fda review is most important, right? first and foremost have these vaccine trials been evaluated in people with my health conditions or with my age group in my part of the world. that is first and foremost. when you check out those basic boxes you look at a little bit more detail. right now access to vaccine is going to be the rate limiting factor, right? there are not enough doses to go around. for example in maryland we've
4:21 pm
been told we have about 155,000 doses so far procured for the state. that is clarely not enough to even vaccinate all the front line health workers. jackie: yeah. >> so access issue. jackie: jason, great to see you. thanks for sharing your story with us. really appreciate it. >> my pleasure. jackie: all right. new prediction from dr. fauci, the nation's top infectious disease expert saying broadway could reopen by next fall but it won't return to normalcy or get there would require widespread vaccine use, about 75, to 85% of americans. ♪. 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.
4:22 pm
4:23 pm
4:24 pm
4:25 pm
connell: welcome back, everybody, to "after the bell." good job out of jackie filling in moment as notice not easy to do on interview. that was really interesting, i heard it even though i couldn't be seen. if you want to see jackie for rest of your show, our show,
4:26 pm
find somebody that wants to clip the wires on my camera, i'm out of here for the rest of the hour. meantime we have news to talk about. this whole idea of companies, big companies, that just pack up and leave the area where they have been headquartered, one of earliest residents in silicon valley is hewlett-packard. hewlett-packard enterprise announced it is moving to texas. that follow as slew of tech giants opened up hubs in the lone star state. susan lee following the story or stories as they develop over the years. >> one of the companies that gave silicon valley its name is headed for elsewhere, talking about texas. here is the statement that we got from hewlett-packard enterprises, looking for business needs, our business needs, opportunities for cost savings and team members preferences about the future of work we made the decision to relocate hpe's headquarters to a new campus under construction in spring, texas, just outside of houston. so we know it has been a tough
4:27 pm
year for hpe. it is still losing money. ways to save monies on taxes, cheaper real estate is probably pretty enticing for hewlett-packard enterprise. no layoffs in the move. they will add several hundred non-technical jobs to the texas campus. the move won't happen until the year 2022. now it is pretty enticing in the lone star state. first of all there are no income taxes. compare that to the topical california marginal tax rate is 13%. sales taxing are i here in california but property taxes slightly lower in texas i found interesting. california you have to pay a gas tax. no gas tax in texas. ha is something you save as well. hpe is the latest company to move to texas. we talked about the new gigafactory where tesla will build it. austin. mckesson, podcast joe rogan is
4:28 pm
leaving l.a. to move to texas instead. palantir is moving out of silicon valley but not to texas. they're going to denver. we know there mass exodus from high cost and high-taxed states to go elsewhere. individuals are leaving from manhattan and san francisco. as a result, san francisco said they will have a budget shortfall of 43% just from april to june alone. so you can imagine if that trend accelerates, that will not be good for san francisco, is it? connell: no, wouldn't be good at all. good for texas i guess. but you have a lot of companies, as you say individuals, and some well-known investors or high-profile investors doing same thing. reporter: peter thiel did that earlier. going to los angeles, but going to all the similar group think taking place in silicon valley. you can't have a different view. palantir's alex carp, they're moving to denver. recently very famous venture capitalist, is going to miami. you can in florida, with no
4:29 pm
income taxes that was probably part of the calculation as well. connell: i would think a big part. really interesting to watch how people make their decisions. susan li in no, for us today. mean time covid-19 related hospitalizations hit all-time high nationwide. they keep going up here. 25 states reporting a massive shortage of health care workers. measures hospitals are forced to take in response to that. plus washington state on high alert. local officials issuing a new warning to homeowners and mcdonald's quote, sauciest moment of the year has arrived. the mcrib is returning to menus today as always for a limited time. fast-food chain's iconic barbecue sandwich made a limited debut last year. it hasn't been available at mcdonald's locations nationwide in eight years. the mcrib is back. we'll be right back, hopefully
4:30 pm
before voltaren arthritis pain gel, my husband would have been on the sidelines. but not anymore! an alternative to pills voltaren is the first full prescription strength non-steroidal anti-inflammatory gel to target pain directly at the source for powerful arthritis pain relief. voltaren. the joy of movement. (betsy))aren. quarter mile of tinsel. of lights.
4:31 pm
(harold) and real snow all the way from switzerland. (betsy) hmmhm... gonna be tough to top. well played. (vo) add some thrill to your wish list. at the season of audi sales event. get exceptional offers now.
4:32 pm
4:33 pm
♪. connell: well they claimed to be the rightful owners of all the land from argentina to alaska and they're causing quite the scene in seattle area. this group known as morse sovereign citizens. they are knocking on doors claiming they own the property, coming in and setting up as squatters in some cases in the homes. fox's dan springer in edmunds, washington with this story for us. dan? reporter: connell, believe it or
4:34 pm
not police tell me that even though this group is out there doing what you just described no laws have been broken yesterday. these would-be squatters have not broken a single law even though trying to lay claim so far in this area to five homes over the last month or so. it is happening in the suburbs of seattle in the towns of he edmonds, three people walk on private property, pass gate and fences. it carry as phony document because the homeowner is evicted because the house is built on land that belong to them. they claim all the land between argentina and alaska is rightfully theirs. >> making on the property, going in the back, i tooing on doors, looking at windows, confronted at some point by the homeowners. reporter: they will often look for houses being sold. they planted their red flag in
4:35 pm
front of one of the houses on the market here, and empty but never did break in. that was not the case in maryland seven years ago when tabitha gentry, who claimed to be a sovereign citizen, squatted in a multimillion-dollar mansion for two weeks with her kids. she is doing 14 years for assaulting police officers. this group is extremist group began in 1990s. it espouses that african-americans constitute an elite class within american society with special rights and privileges. they are very much anti-government. they don't believe any government's laws apply to them. it is believed, connell, they have between three and four thousand followers spread throughout the country. connell? connell: that is actually a big enough number. boy, that is crazy story. dan thank you, which own your mansion. dan springer in the seattle
4:36 pm
area. keeping a level of consistency the president-elect joe biden revealing some of his china strategy. this is a quote from biden. i'm not going to make any immediate moves. the same applies to the tariffs. the best china strategy i think is one gets everyone of our, at least what used to be our allies on the same page. that was from "the new york times" with tom friedman. robert wolf joins us, former economic advisor to president obama, former ubs chairman and fox news contributor these days. is that -- that is kind of interesting. i don't know that it is shocking some of the trump policy might stay. is that a tacit admission trump was right on china the last few years, robert? >> i wouldn't say president-elect biden is staying but he hasn't made a decision yet. that is not surprising. the transition has not gone all that well. the trump administration delayed it. my guess is a lot of his economic and national security
4:37 pm
people have not yet gone deep into china. we know, connell that china entered the asia-pacific regional comprehensive system economic package recently that is a third of the world's population and as you know i was a major proponent of the trans-pacific partnership as a member of president obama's non-partisan export council and the first thing that president trump did was tear that up, which i think in the business community, thinks was a major mistake because now china really took on our tpp and we're sitting there with a bunch of bilat rales. connell: you know what is interesting about that trans-pacific partnership, the tpp that you speak of, is that, president hillary clinton back four years ago probably would have done the same thing. that is how the campaign ended. it wasn't popular in either party. people's attitudes towards china have really changed, right?
4:38 pm
from not only the clinton years but the bush years, the obama years even which you alluded to, now it is kind of bipartisan that you know, things, we weren't getting it right with china. we need a new approach and is the president sort of on the right track i guess? >> listen, connell, i was not supportive of the tariff approach. i don't want to make like all of sudden i am supportive. i think that type of blunt instrument didn't work. we had to bailout the farm industry twice. it hurt manufacturing. i think that being said a lot has changed in the four years since obama passed tpp. so now we have to take a very different look at it, especially the idea that japan, new zealand, australia and china just signed, their own agreement. so we're 25% of the world's economy. we have to make sure that we are leading and not falling behind. and you know, i don't like the tariffs environment. janet yellen said the same
4:39 pm
thing. she didn't, wasn't supportive of the tariff environment but that doesn't mean that president-elect biden may not stay with it versus other alternatives or may feel like that is the right way to go. i think it is to be determined because a lot has changed in the last four years in the form former vice president has not had meetings with xi xinping and other ministers around the globe yet to really get what his national platform and international platform should or shouldn't be. connell: okay. so i assume that when he does do that he will want something out of china to take the tariffs off. they're there. whether he supported them or not, you will want to get something out of china. you want to negotiate. what would that be? what would you ask for before you removed tariffs if you were biden? >> yeah. i mean, first of all i think you say it accurately, you need, before you, you know, unwound it you need to get something for it. obviously it will be tough to recreate tpp i do think we'll have to look hard at
4:40 pm
intellectual property. we'll have to relook at the entire cfius. whether tiktok or 5g. we'll have to take a hard look, maybe taking a few baby steps at first and focus on intellectual property around some of the things we were trying to do, four years ago. but i don't think there is any, you know one instrument that is going to take china from being our, you know, ally at times and adversary at other times but certainly this frenemy idea has definitely leaned towards the enemy side when it manies comes to political rhetoric. connell: this is bipartisan that is the most interesting thing. >> no question. connell: last number of years a lot of focus on president trump but attitudes overall have changed on china. >> you and i spoke about this about a year ago when the tariffs became a big thing. we have to look at things like, you know, literally going after these companies criminally and
4:41 pm
if they're stealing our intellectual property, we can't let them hide under any sovereign umbrella or anything. we have to look at companies that are listed. we have to put clear rules of the road as if we were doing something with the espionage and or piracy with our own, on our own turf. so i think there is a few things we can look at that is hard but we haven't wanted to go that way, the way we were supposed to do it. really build great relationships with everyone around china and keep them out. that is what the tpp did. it was 11 countries ex-china surround them. connell: yeah t was supposed to gang up on china. it was never put in place. we'll see how this all works out. robert, we'll keep calling on you as we get closer to inauguration. thank you very much, robert wolf on biden economy or economic plan. mission successful, china's unmanned spacecraft landed on the moon surface it was a
4:42 pm
historic flight to retrieve lunar supplies. third time since 2015 china landed on the moon but first time a nation had done so to collect rocks in decades. since the u.s. and ussr shoulded to be in that kind of business. stick around. we'll be right back battle in . so when i heard about the applied digital skills courses, i'm thinking i can become more marketable. you don't need to be a computer expert to be great at this. these are skills lots of people can learn. i feel hopeful about the future now. ♪ and other money managers don't understand why. because our way works great for us! but not for your clients. that's why we're a fiduciary, obligated to put clients first. so, what do you provide? cookie cutter portfolios?
4:43 pm
nope. we tailor portfolios to our client's needs. but you do sell investments that earn you high commissions, right? we don't have those. so, what's in it for you? our fees are structured so we do better when you do better. at fisher investments we're clearly different. to syour body needs routine. system, our fees are structured so we do better when you do better. centrum helps your immune defenses every day, with vitamin c, d and zinc. season, after season. ace your immune support, with centrum. 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!
4:44 pm
4:45 pm
it shortens colds! and if we win, we get to tell you and doug. how liberty mutual customizes car insurance so you only pay for what you need. isn't that what you just did? service! ♪ stand back, i'm gonna show ya ♪ ♪ how doug and limu roll, ya ♪ ♪ you know you got to live it ♪ ♪ if you wanna wi... [ music stops ] time out! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
4:46 pm
♪. connell: california bracing for more lockdowns. governor gavin newsom is saying new tighter covid-19 restrictions would be put in place because people are ignoring the restrictions themselves. this is a causing quite a situation. christina coleman in the newsroom. reporter: some people say it isn't a good look. politicians go to fancy birthday dinners and not social distancing in the middle of this pandemic and economic crisis. california governor gavin newsom went to the lavish birthday dinner napa county with people more than three households which is discouraged by the state standards. the next day san francisco mayor london breed dined out at the same place for a birthday dinner. now breed says san francisco might roll out even more restrictions like further limiting indoor and outdoor gatherings. l.a. county democratic supervisor sheila kuehl voted to
4:47 pm
ban outdoor dining and called it dangerous but she was spotted eatings out in santa monica just hours before the controversial ban went into effect. so people protested outside of her home. >> totally hypocrite of her. basically one set of rules for them and another set of rules for us. >> they're not afraid. they're going out and doing exactly what they're telling you not to do. reporter: meantime the governor warned we're on the brink of even more covid restrictions across california as covid cases and hospitalizations continue to surge. so possibly even more tough times ahead. connell? connell: christina coleman live for us in los angeles. now there is an impact obviously as we talk about all the time on small business if we go back into lockdown mode. we're joined by brad close with national federation of business we talk about california any other state with
4:48 pm
hospitalizations continue to rise across the country. brad, thank you for coming on. i guess the question is what do you need to get you through the next wave? we have good news almost every single day on the vaccine. we know we're making progress but seems like businesses need kind of a bridge so to speak? >> it is a great question. thanks for having me on. some small businesses are doing well. a lot are still struggling. one in five right now are telling us they aren't going to make it through the next month without some assistance. congress, the administration, they have got to get together to allow small business owners, employees access to second round ever loans, some loan forgiveness, something to get through this winter especially as we see states reverting to lockdown shutdown mode as you talked about on your show. connell: you know i saw that you guys did a survey where you found almost all of the businesses, 3/4 of them at least, 57%, if there was another round of ppp available, they would be after it. they would go after that money. is that where the focus should
4:49 pm
be in washington? they have been talking in circles seems like yesterday proposals were put forward maybe they get something through, is that where you would like to see the focus the paycheck protection program? >> i think right now if you look at the surveys the uncertainty of small business owners is and all time high in the last 46 years. there is serious concern. they don't know what the future will bring. small business owners are doing everything they can to help the employees, help their community, their clients who come in the door, for a lot of them getting through this winter will be very tough. at least having access to a second round of ppp loans would be a huge, huge help to the small businesses barely hanging on right now. connell: i thought it was interesting, we talked yesterday about these nine senators and also members of the house problem solvers caucus who put together a bill, well over $900 billion. it's a decent amount of money. it is the first time you see republicans and democrats working together on something for a while.
4:50 pm
it is kind of interesting whether people in the business community will support that, get what they can, or do they want more? i will bring up from the independent restaurant coalition some comments on that they said a few weeks of payroll is not the best solution to ensure that our industry can fully reopen and reemploy billions of americans. in other words for the restaurant folks, in this group it wasn't enough, this proposal. they say a bandaid on a bullet wound until restaurants and bars can generate more revenue. what is your take as someone who represents a broader coalition of businesses? >> we thought that the effort was a good starting point. there is certainly a long ways to go. the easiest answer for small businesses allow them to run their businesses right now, operate themselfly but serve their customers so they can pay their employees and stay open. but short of that i think it was a good start. there is some really good stuff in the bipartisan bill that senators and congressman rolled out yesterday, including a second round of loans. loan forgiveness. the ability to deduct loan costs
4:51 pm
on texas and liability protections on small business owners to get them through the next few months. it was a good start. connell: you mentioned it would be easier if businesses could be allowed to stay open and kind of rely on people's personal responsibility to take care of the virus and make share decisions but at least give them the opportunity to make some money. what kind of conversations are you having with your group and local officials with governments around the country, how is that going? running into reluctance or you think a lockdown or number of lockdowns might be coming on a regional basis? >> we sure hope not. we had folks at local and state level, governors office urging them to do this economical rational, protect citizens, people that are vulnerable, wear masks be rebeckful of everyone else. every time we have the conversations, there is another politician out there with attitude do as i say, not as i do, it makes it a heck of a lot
4:52 pm
harder for small business owners and their employees to figure out what to do when you see politicians going out to restaurants and doing things they're telling rest of folks not to do. connell: you're right. we literally showed that from christina's report in california. don't go out, eat maskless, all the rest, you're doing the opposite. brad, all the best to you and businesses you represent. brad close with us. nfib. california meantime, another story about the flames with state officials issuing a red flag warning for the los angeles and ventura county mountains and santa clarida valley as well. high winds, could down trees and power lines in addition to the red flag warning. it is in effect from 6:00 p.m. tonight until 10:00 p.m. on saturday. stick around. we'll be right back my name is trisha.
4:53 pm
i'm 70 and i live in mill valley, california. my biggest passion is gardening. i love to be outdoors. i have jaybirds that come when i call. i know how important it is to feed your body good nutrition. i heard about prevagen and i heard about the research behind it. taking prevagen, i have noticed that i can think clearly. my memory is better. i can say that prevagen is one of the most outstanding supplements i've ever taken. prevagen. healthier brain. better life.
4:54 pm
4:55 pm
and sweetie can coloryou just be... gentle with the pens. okey. okey. i know. gentle..gentle
4:56 pm
new projects means new project managers. you need to hire. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database so you can start hiring right away. claim your seventy five dollar credit, when you post your first job at ♪ ♪
4:57 pm
connell: welcome back here on "after the bell." talking about small business a moment ago and dealing with restrictions that could be put in place because of covid-19. the issue is really the hospitalizations when you think about it, because every single day we come in, we see that they're breaking records nationwide. and what that's forcing officials to do is warn us of a growing shortaging of health care workers. gerri willis has that part of the story. >> reporter: connell, that's right. americans are getting ready for a winter lockdown with covid infection rates soaring, and now hospitals across the country are experiencing severe staffing shortages. hospitals in 25 states are attempting to cope with too few doctors and nurses, other staff, that according to the american hospital association and reporting by the industry trade called stat. especially rural areas are hard hit and that, of course, is already common. nancy foster, ark ha's -- aha's
4:58 pm
vice president, says she's heard about dozens of shortages and reports many are getting creative to solve the problem. listen. >> there are a number of strategies. people are cross-training staff. so they may take a doctor who typically works in the cancer center and seeing them do work in the emergency department. or someone who's timically -- typically in the an ambulatory center and training them for the icu. skills they might not have used for a couple of years. >> reporter: new york governor andrew cuomo is renewing husband call for retired doctors and nurses to come back in and help, making lucrative offers, sometimes doubling existing salaries for nurses willing to travel. one nurse received this e-mail, hello, i'm working with a facility in new york who needs icu nurses to help them out. contract is for 34.5 hours per
4:59 pm
week, 13-week contract with a start date of december. pay, $4600 per week. the situation is so dire that the cdc is telling hospitals that they may allow asymptomatic personnel who have not been diagnosed to continue working, and the cdc now allowing people who have been diagnosed positively to work. that's going on in north dakota right now. the good news, connell, here is that, you know, just yesterday we saw the cdc indicate that they would start allowing 21 million health care workers to receive the first vaccines, and that should go a long way to helping the staffing issues. connell? connell: yeah. it's interesting, it's obviously a horrible spot to be in. but you can tell from your reporting, you know, they're gotten creative -- they've gotten creative, they're doing the best they can. when we went new this in new york in the spring, it was only us. not only us, but this region whereas now it's so spread out.
5:00 pm
gerri, thank you, gerri willis with the reporting today. as we wrap up the hour, thanks, as always, for joining us as we report the news "after the bell," a little extra help from jackie deangelis. i'm connell mcshane in new york, see you back here same time tomorrow. ♪ ♪ lou: good evening, everybody. the battle for the white house is now a full-fledged struggle for the survival of this constitutional republic. there are less than two weeks to go before the electoral college is set to cast their votes for either president trump or joe biden. president trump's legal team have made significant advances in six battleground states, and american patriots this those states are coming -- in those states are coming forward with allegation after allegation of election abuse, irregularities, anomalies, outright fraud and raw intimidation. ie


info Stream Only

Uploaded by TV Archive on