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tv   Varney Company  FOX Business  February 1, 2023 11:00am-12:00pm EST

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market bounce and you don't see this activity in a bull market. this market is priced for perfection and no second setup for the months and we'll have a hard landing and no rate cuts. stuart: it's 11:00 eastern, february the 1 and the dow is down significantly. it moves sharply while just in the past hour and maybe a couple of dow stocks have fallen out of bed. maybe it's somebody saying something about the fed meeting this afternoon and i'm not sure what it is but the dow is down, what, 340 points and that's 1%. the nasdaq's moving south and it's down a half service percene point. big tech, up or down across the board? meta, amazon, al alphabet and ae
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all down. the 10-year treasury, yield falling to 3.50 wears. 3.50%. i want to get to a gallop poll showing poor leadership as a top issue in the country. former navy seal jocko willink is joining me now. where is president biden failing as a leader? >> i probably start off with just being able to communicate as a leader and express your ideas and articulate in a critical and concise manner that people can understand is extremely important as a leadership position and it's pretty clear that biden has a very difficult time with just simple communication. stuart: did it start with afghanistan? >> i think afghanistan definitely, he didn't communicate well and what we saw was another area of failing and that is humility, which is having the humility to admit
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when you made a mistake, when you did something wrong, here's what we're going to do to fix it. taking ownership of the mistakes you made is something you have to do in order to earn trust with people. no trust, no leadership. stuart: the president is not humble? not at all? >> i haven't seen much humility from him especially when we have significant issues that are going on in the country, and instead of saying, hey, i'm the president. this is my country-specific and my problems and what going -- country, i'm the president and this is what we're going to do to fix them but instead pointing fingers at other people or the last administration and the other party. we're seeing a lot of that and it's unfortunate. when you do that, you don't move forward to make progress to solve problems. stuart: you're a military guy and i want to ask a military question, former secretary of state mike pompeo says china president xi jinping is "watching for american
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weakness". roll tape, please. >> xi jinping is watching for american weakness, he's watching for an absence of resolve and if he sees opportunity, he will seize that very opportunity. stuart: now, this comes after general mike minnehan warns we, america, may be at war with china by 2025. jocko, that sounds a bit like scare mongering, what do you say? >> there's certainly some scare mongering there i think and military personnel will always sort of inflate what's happening so they can encourage people to be more prepared and a larger budget, but the threat from china is something we're going to have to contend with. now i don't think they want to go with war with us. that would be a serious problem for them and obviously a serious problem for that. i don't think they want that, but they're certainly going to continue to pressure us and they will be looking for weaknesses and if they see that level of weakness that becomes very prom
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nathanial hackette, they make move -- prominent they may make moves that could impact us for sure. stuart: do you think america's military at this stage is able to fight the war and help fight the war in ukraine and help taiwan against china? are we stretched too thin? >> we can do these things, we can do these things, stuart, it's just a matter of if we have the will to do them and what price we're willing to pay. that's what all wars boil down is what price are you willing to pay for victory, and that's what these questions only ultimately get resolved when war happens, and i hope that doesn't go in that direction. stuart: would you say that president biden has shown good leadership in ukraine? he slow walk it had and not provoked the russians. is that good leadership there? >> i think he's walking a very fine line, and i think that he doesn't know where the edge of that line is. i think no one knows; right. you've got putin over there and we're not 100% sure what he's
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going to do, obviously. every move that we make there is a risk. we need to weigh that risk very, very closely, and i don't know if we fought through the entirety of what could happen and how that war could expand into something global. stuart: okay, got it. jocko, i want you to know something, if we're ever in a war, i want you on my side. i hope that's okay with you. >> well, as long as you're american, i'll be on your side. stuart: i am american. jocko, you're all right. we'll see you again soon. thanks for coming by. >> thank you. stuart: back to the markets please. i'm taking a look at that dow industrial average down 330 points, that's part of 1%, red ink for the nasdaq and s&p as well. mark tepper with me this wednesday morning. are you -- i don't think you're on board with these january rallies, are you? >> i'm not. i feel like a lot of people are getting suckered in by this rally because of the profitless tech names that are doing very well. but when you look at higher quality names, they seem to be
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underperforming. there's this january barometer thing the saying as goes january goes the year. stuart: yeah, you're not buying it? >> no, i'm not. when we're up in january enarching going back to 1950, the market ends the year up 17%, that would be phenomenal. i don't think there's any chance that happens. right now we're at a point where we're about to see the unemployment rate start to go back up. when that starts rising, you want to be defensive and the two best performing sectors are consumer staples and healthcare. now is not the time to try and hit home runs. hopefully that time comes in the summertime. right now we want to avoid strikeouts and bet on base. stuart: if the unemployment rate goes up and the labor market starts to soften, isn't that what the federal reserve wants? what they're looking for? isn't that likely to make them not raise rates so rapidly and dramatically? isn't that good for the markets? >> well, yeah, look. the fed obviously once they start seeing that happen, i'm guessing they would pause at that point in time.
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they're going to pause and stay there for awhile and make sure that we don't see a repeat of the 1970s. our unemployment rate is 3.5%. we have a long way to go before it becomes problematic. i don't think the fed will buckle until that thing approaches 6%. stuart: ouch. okay. you're watching earnings obviously. in particular you're looking at amazon. what's the story? >> well, amazon will give us a good read on the consumer, obviously we'll know how holiday shopping worked out for them. it gives us a good read on it spend with their cloud but, you know, also on digital ad spend, so obviously when we think of digital ad spend we think of meta and google. however, amazon has been taking market share from the two of them and they now have 10% of the market share in that category. we all know as we begin to enter a recession, ad spend goes down and saw that with snap yesterday. so i'm a little concern there had but the thing is trading now. amazon below where it was in february of 2020.
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so it's at least starting to look interesting at this level. stuart: it sure is at that level. you're here for the hour so stay there please, i'll move on. lauren is back looking at the movers. brinker international. what do they do? lauren: the chili's owner, restaurants. i prepared this report a few minutes ago and tell you the stock was up 3% because it was and it was a grand slam report card. their revenue went up 10%. if you look at maggiano's, their italian food chain, it's up 10% because they're charging more and the stock goes down about 5%, down 6% at one point all of a sudden. traffic declined. i think even successful companies like this one, you can only raise your menu prices so much when the economy slows too mmuch consumers back off. >> they had the pricing power and not the volume. lauren: yeah, the volume.
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stuart: i got you. the volume went down because they didn't have the pricing power -- they raised prices. lauren: corrected. you're both right. stuart: foot locker up or down? lauren: they're up 2% and they're staying. i've been checking. credit cease to outperform rarating and shares going to 62 and up more than 40% from here. the reason is simple, wall street got way too bearish on footlocker and the fact that nike is cutting the inventory they give to footlocker, creditswise says that's not a big deal. look at moderna down about 4%. the story at pfizer is that they're warning that, yeah, covid vaccine sales are going to be weaker and then when you couple in what's happening in may when the public health emergency ends is lifted, that mean ifs you don't have insurance, you have to go out and buy full price the covid shot for -- whether it's pfizer or moderna and that'll be $120
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or $130 because it's not subsidized by the government anymore. who will do that with the props that you can get vac nated but you're still like -- vaccinated but you're still likely going to get covid but not as sick. stuart: lauren, thank you very much indeed. now this. thanks to president biden, exxon made a profit of $55 billion last year, that's just over $1 billion a week. the white house calls that outrageous, but it's biden's energy policy that helped exxon make that much money. it's a lesson the president will never learn, you cut supply, increase demand and the price goes up. that's exactly what happened. that's why exxon made $55 billion profit. even before he was elected, biden signaled he didn't want pipelines, permits, lease sales or any new fossil fuel development and warned, hey, you're going out of business and he's very much a climate guy. at a fundraiser on tuesday, said
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climate change is a bitter threat to humanity than nuclear war. what happens to oil production with a policy like that? of course production goes down and, yes, it is still down 900,000 barrels a day from which peaked before the pandemic. economist normal auditory systems and demand for oil went up and the price and profit. the left is apoplectic but they brought this on and you will have to pay the price. the ceo of exxon understands what's happening and says we'll need oil and gas as long as no competitive renewables are available. that is just so true. tepper still with me. >> that's right. stuart: $55 billion profit last year, i think it's because of the president's energy policies and what do you say? >> absolutely. it's supply and demand; right. stuart: disagree if you want, tepper. >> so, look, this is his own doing. he's obviously made it very, very difficult for oil companies to produce, the permitting process is very time consuming,
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very difficult to get through, and let's not forget it was a few months ago where president biden went to venezuela, hat in hand, asking for more oil. so it's okay for a foreign country to profit off of oil but not okay for american companies to profit off of oil. stuart: pathetic. >> climate guy joe that drive as corvette and doesn't own an ev. there you go. stuart: that's a good summary. still ahead, bernie sanders, he's hosting an event about the dangers of capitalism. the only catch, it'll cost you up to $95 to get in the door. seem as little ironic to me. we'll let kennedy take it on. former football star chad ocho cinco johnson said he saved nearly 83% of his nfl salary. he did it by being extremely frugal. he's my kind of guy and we'll discuss this ad nauseam. and tom brady retired for the
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second time. is this one for good? he says it is. i'll ask hall of famer brett hundrwhowill be on the show, he. ♪
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so boost your bottom line by switchi powering poss. >> tom brady announced retirement for the second time. roll it, please. i'm retiring, for good. i know the process was a pretty big deal last time so when i woke up this morning i figured, i just press record and let you guys know first so t i won't be
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long winded. you only get one super emotional retirement essay and i used mine up last year. thank you, guys, if for allowing me to live my absolute dream. stuart: he choked upright there. nfl hall of fame quarterback brett favre is with me now. brett, is this it? it's for real this time, he's gone? >> well, based on my own experiences, i have to see it to believe it, but my gut tells me this is is for him. he's had a brilliant, brilliant career and there's nothing left for him to accomplish, not that that's the reason to or not to come back, but i feel like this time is the last time. >> do you accept he's the g.o.a.t., greatest of all time? you were pretty good yourself.
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>> without question. from a first and pore most we're measured by wins and super bowl wins and he by far is head over heels in front of everybody that's ever played, and i think in our generation, we'll never see anyone like him again. stuart: his ex-wife, saying wishing you nothing but wonderful things in your new chapter of life. anything to say about that, brett? >> nothing other than a great message, and i think tom will be inundated with messages not only today but for days, weeks, months to come about his brilliant career. stuart: brett, wait a minute,
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you seem genuinely, i'm not going to say upset, but you're affected by this, aren't you? >> what i'm affected by is when you retire, the next chapter of your life is largely based on medical issues. i just had my hip replaced last thursday, i'm confined to the house in a walker. so i say play as long as you can play. stuart: got it. one last one for you. is aaron rodgers going to the jets like you did? >> i've heard the humor and i guy can still play as high as level as anyone in the league presently. for teams to inquire about getting him on their roster makes perfect sense and jets are a good fit.
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stuart: okay, we've covered all the major subjects in football thus far. brett fire fighter, thank you for being with us. one more, former nfl wide receiver chad ochocinco said he saved 83% of his nfl salary by being frugal, myokind of guy; right? ashley: he read the varney handbook on this one and former nfl wide receiver avoided the financial traps that come with money and celebrity, like mr. varney. ochocinco did things like buying fake jewelry and abstained from buying cars like ferraris but once leased a bugatti and was in the nfl with the bengals and patriots and saved between 80 and 83% of his salary. very impressive, which he says his kids get to enjoy, but he
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does add that eventually they're going to have to realize they can't stay on his payroll forever. another line from the varney handbook. stu. stuart: that was a good one, ashley. very good. we'll see you later. all right now this, bernie sanders holding an event promoting his new book, it's okay to be angry about capitalism. tickets are $95. kennedy en grossed in her phone at the moment but joining us right now. >> i was signing up for the stuart varney lifetime fan club and it's a premium level of membership but i'm in. stuart: $95 to go to an event. who would pay that kind of money to see bernie sanders go after capitalism? >> dumb people. dumb people who should be shamed out of their money and bernie sanders should go laughing all the way to the bank. i think this is fantastic. it's phenomenal. he is hoodwinking them, he is making tons of cash, and i don't care how you rationalizes it or what he says, he is a
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capitalist. he's enjoyed our wonderful capitalist ick system in this country, he is enriched himself even though he's a public servant, he's a politician but still found a work around writing books and making speeches and raking it in and good for him. i don't begrudge anyone their money but at least don't lie about it. stuart: he used to rant about billibillionaires and billionais and -- millionaires but became one and stopped ranting. >> he wants to be a billionaire and wants to be kylee jenner, don't we all. stuart: next one, the ceo of one of the laryngoest beauty companies, co kodi wrote to them saying change the definition. it's ageist and sexist. kennedy. >> i love expanding the boundaries of beauty and what beauty is. it is incredibly subjective but the patriarchy wants to impose upon us very limited standards,
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and i'm happy that they're taking a sledge hammer to that because -- stuart: the patriarchy? >> old chicks are hot. you heard it here first, stuart. i stand behind that. stuart: where does the ageism come in? >> because people only think you're beautiful when you're young. stuart: who does in >> people, the patriarchy. people like you in power. stuart: what? you're accusing me of sexism, ageism and god knows what else? >> sure. stuart: on live television? >> oh, this is live? stuart: yes. >> i thought we worship god were going tofix that if post. that's what the beauty industry is because they make money because women, particularly women but some dudes as well, want to look younger. that is the gold standard, and francis mcdorma n said in 50
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years we won't know what a 50-year-old woman looks like because of all the work they co. we're forced into boxes and people cut themselves in all sorts of ways. i'm not against it, but i do wish there was a little bit more focus on the fact that old chicks are hot. back to you, stuart. stuart: time's up but we'll think about, we'll possibly or consider watching your show, kennedy, tonight at 7:00 p.m.. stuart: that was good. all right. a pizza shop worker fired after refusing to serve police officers the restaurant wouldn't stand for it and happened in one of the most democrat cities in the country, why am i not surprised? we're on it. celebrity chef opening a new restaurant in new york city. that's a gamble, isn't it? people aren't eating out as much not to mention the crime and homelessness here. i'll put it to the chef, he's next and he's here. ♪
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stuart: that is chicago and it's 19 degrees as you'd expect, it's cold. check th nor cold and dough is off 200 points about app hour ago and it was down 300 so some progress there. susan is back watching the chip makers. susan: world war i, looking at y and despite a 98% drop in profit for amd and it was better than expected and also forecasting a sales drop of 10% to start the year, hey, but the stock rallies because they're forecasting a better back half of the year and making 50% profit margins so that's 50% on each chip they make.
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i'm kind of tearing up because of the wind that got in my eye running over here. another report card mxp and deceleration but better than expected. stuart: china's google. susan: i'm being behinded by all the cutlery on the set. stuart: get to that in a moment. susan: google best performer on the nasdaq s&p 500 after blackrock bought more shares 6.6% to be exact, a $300 billion company and blackrock is busy and also buying more shares than the crypto bank silver gate capital, which we know has been in trouble, but blackrock manages $10 trillion and bought another 7 -- or up to 7% in silver gate. stuart: meta reports tonight looking for 40% drop in sales. susan: yeah, kind of priced in; right. revenue expected to decelerate. the snap report card and
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$3 billion and that's huge for the biggest social media company on the planet. $1 point # 9 billion. that's incredible. and name another company that has $1.99 billion -- 1.99 billion users each day. giving snaps warning following sales and wall street priced in a similar forecast for falling ad revenue. i want to note that alphabet's google is reporting tomorrow and i'll be on the executive call with cfo and we're expecting pressure on revenues, their ad revenues in particular and cloud growth could make up for it and tomorrow is the apple report card and i'll be speaking with the top leadership. market expecting first sales drop, revenue drop in china covid lockdowns. stuart: give them hell, susan. that's an order. thank you, susan. take a look at the cost of eating in restaurants up 8.3% from last year. celebrity chef, he's back with us. his name is david burke and he really is a celebrity and he's on the show this morning. why are you opening a brand new
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restaurant in new york city at a time like this: homelessness, crime, rising prices. >> you're right about all that, it's a good opportunity and opening at 277 park. there's 8,000 desks and for the tenants on lexington and 48th and breakfast, lunch and dinner concept, grab and go and also a restaurant in there. stuart: what's your pricing? you're on park avenue so it's a very ritzy place. will you be expecting to get $100 per customer in each check? >> not -- maybe on the restaurant side for dinner. lunch, $50 and grab and go $20 average between coffee, pastries, grab and go breakfast and cafe and we don't have service on that side so we save on labor with quick service end of it. we'll also be delivering to the building as well as surrounding areas. stuart: you've got pricing
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power? >> we have buying power and price -- they'll pay that for convenience and for quality. stuart: okay. i see some cookies in front of me. david burke's dixie pick -- >> dixie lee. stuart: you brought this? >> we bought a bakery towards the end of the pandemic to diversify and not be stuck in the restaurant business and selling pots and pans and cutlery at tjmaxx and target and home goods while people were cooking during the pandemic. stuart: you run a conglomerate. how much is business and how much are you up? >> business is back and certainly business came back quicker in the suburbs in jersey and opening in white plains next week and we're in north carolina. jersey -- new york city came back in the fourth quarter. stuart: you're a mogul. i'm out of time unfortunately. david burke, you are all right, sir, and thank you for joining us. >> thank you. stuart: a worker at a pizza shop
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in san francisco out of a job. he or she, not sure which it was. refused to serve police officers. ashley, take us through this one. ashley: it was a he, yes. the offending employee was a trainee on his third day at a pizza restaurant called pizza squared and applies union says that -- police union told several officers were told they were not welcome at the restaurant. this guy was on his third day and they'd dined there many times before and never faced mistreatment. the restaurant immediately apologized and soon after tweet when had our shift manager told us about the incident after it happened, we expressly told him we didn't share his views and he was out of line. he was also fired at the end of the day. the police union thanked the store owners for responding so quickly and for meeting with the affected officers, something i suspect would never happen in florida. stu. stuart: one you've got to tell me about. the dairy alternative company,
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oatly using labor on packages that will give the product as climate footprint. what's this all about? ashley: it's a swedish company saying it's already added climate footprint labels to some of its plant-based dairy alternatives on u.s. shelves. it's the first for a major food brantley and fou oatgurts help them compare the climate impacts of different products in the grocery aisle. you've been waiting for this, stu, the same way to see labeling of fat, sugar and other nutritional information and oatly plans to add the label to 12 more products by 2025 including the popular oat milks, but is this about climate change or is this more about boosting profits by pushing a product that claims to have a smaller carbon footprint? things that make you go, hmm. stu. stuart: it's virtue signaling. that's what it is. ashley: that too but they're trying to push everyone into
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their product on the back of climate. stuart: fair point. now this, half a million workers are walking off the job today in britain's biggest strike in more than a decade. what the demands are. calls growing to stop the construction of wind farms off the coast of new jersey. kerns about the possible -- concerns of the possible connection from the turbines and large number of dead whales washing up on the shore. strange story and madison alworth has the story, next. ♪
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♪ >> okay, you're looking at capital hill. stuart: a chilly 35 degrees and in a few hours the president
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meets speaker mccarthy. maybe that'll be a chilly meeting. could soon see that's -- washington dc could soon see a big increase in ev chargers. there's a plan to add 7500 new stations by 2027. right now there are 250 in the city, 90% of the vehicles in the district will be electric by 2040 or so they hope. look at rivian. they're laying off 6% of the work force and employ about 14,000 people and tock down 14.5%. tesla, the company plans onramping up production at the plant in shanghai for the next two months. tesla demands skyrocketed thanks to price cuts on best selling models and stock at $173 per share. do you expect that high demand to stay, mark? the cut prices? >> yeah, they cut prices and demand goes up and makes tesla's affordable to even the average
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million. now the average millionaire can afford them. stu, we were talking during the break about rivian. i mean, those are great looking e vs, if i bought an ev, it would be the pickup truck they have. it's a good looking vehicle, but there's a ton of challenges in the ev space over time. we don't have enough charging infrastructure in place and the batteries, we need more efficiency and the math doesn't work out yet because they're still super expensive and i just read a report, there are 9 million more people this year than last year living paycheck to paycheck. 8 million of the 9 million are making six figures and above. that's typically an ev customer; right. i think demand will soften over the course of the next year as we begin to enter that recession. stuart: you wouldn't touch tesla's stock? >> way too expin sieve on valuation. expensive on valuation. stuart: got it, thanks. a group of people pushing back on wind farms that turbines
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could be harmful to whales. madison alworth on the beach in atlantic city. how are wind farms hurting whales? reporter: stuart, the conservationists are worried they might be killing the whales and we're seeing in the concern that the mapping and surveying techniques of the wind farms so before they go in the ground they say they interrupt migration patterns for whiles and other fish and specifically for whales they emit low frequency sounds that can interrupt the whale's hearing and ability to communicate and puts them potentially in lethal situations. >> we don't destroy the environment to save the environment. that's what's happening. if you can't hear, the deaf whale is a dead whale. just a matter of time. >> demands and goals are stepping and you happen becoming more and more aggressive, which to me brings even a bigger risk like why is it happening so fast.
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reporter: some new jersey mayors are saying we're not opposed to clean energy but concerned about the impacts the offshore where i happened projects may be having on our environment already. this comes after the eighth dead whale since the beginning of december washed on to the new york/new jersey shoreline yesterday. noaa maintains it has nothing to do with the wind turnovers and pines and we're pushing ahead too quickly. new jersey has on shore wind turbines like what you see behind me but soon hundreds will be drilled into the ocean floor off the coast. 8 megawatt offshore wind turbine can cost upwards of $20 million for construction and for putting it into the ground, and that doesn't even include the cost of running the wires that will be needed from the wind turnovers n shore to get to electricity plants and that would be even more. all of this is the cost of the clean energy but as you heard
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these conservationists saying it's costing our environment even more, and we're already seeing that extent. stuart. stuart: not in my backyard, thanks very much indeed, madison. see you again soon. we always do it at this time and we show you all 30 of the dow stocks to get a sense of where the market is. at the moment there's a predominance of selling. let's see what happens after 2:00 this afternoon when the fed makes its rate hike decision. we may soon know what king charles iii thinks of harry's new book spare. the king will reportedly address the explosive memoir in an interview before his coronation. this is really big for the britts. neil sean is all over it, he's a royal watcher and he's next. ♪
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stuart: king charles is preparing to sit for a tell all interview. neil, this isn't being confirmed but just a report. what do you know about this?
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>> good afternoon, stuart, from london. this report is totally untrue. he's not doing his sit down interview to reveal all about prince harry's book. you know, what's really happening and we always like to tell you -- stuart: is he doing a tv interview, neil? is he doing a tv interview because queen elizabeth never ever sat for any kind of interview. this would be an absolute first; wouldn't it? >> it's not really for him, is it. if you remember way back in the '90s he did a sit down interview about his marriage breakup and not like we haven't heard him speak before. stuart: he's the king. >> i know. i know. but what he's planning to do; right, stuart, is simply this. ahead of the coronation, there are very tentative talks with the bbc, british broadcasting corporation about him sort of sitting down and talking about what people can expect, what he's hoping for for the day, ethnicity. the way this is -- et cetera. the way this is being spun is a bit like going to address all
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the things that harry and meghan disclosed in the distasteful netflix documentary and prince harry's tell all book. it's not the case at all. it would simply be beneath him and once you go into that, you're validating the book and giving them publicity. not just harry but of course the publishers penguin random house and there's an early chat about would you like to address your subsubjects and the commonwealt. we'd all like this and the first time all of us really or many of us have ever seen a coronation. contrary to popular belief, it's not a tell all sort of speech. stuart: next one, this is for you. boris johnson claims pew thin threatened to -- putin threatened to target him with a missile strike. >> he threatened me saying borsi, i continue want to hurt you with a miz arkansas missile.
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missile, it would only take a minute. >> when he sat down with putin he said i could knock you out if i wanted to and extinguish you and that stuff. boris recounted this. a lot of people are saying particularly over here, i have to point this out, it appears that boris is even more hated than putin by the british media because they're basically saying lie another day, the spin on the bond movie. what's the true story behind this and we can tell you first those conversations are recorded and consequently what we are told is that mr. johnson, the former british prime minister will be revealing all in his forthcoming memoir, another memoir for us to read, stuart, and that big deal of course but it's what's happened on a serious note is that the russian side of things then refuted this and this has created quite a holllotovanxiety and it does apd
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it's a bit like your former president, the 45th president of the united states, president trump, the public adored trump but the press don't. this is the bottom line that you have with boris over here. the puck lick, they a-- public, they adore him but the british media don't. they made this something into a negative and obviously everything will be revealed but a bit clever for boris to do this on a big day and also wipes out in many respects the fact that we have another british prime minister in the right honorable richy s sunak. stuart: britain is a mess. what's going on? >> absolutely, stuart. absolute mess. 100,000 teachers on strike along with rail unions, but let me point out this little fact. over here in england, the teachers are the highest paid in europe, they have the most poll day and have that -- holiday and
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gold plated pension. a lot of people know two things, they're not striking when it's their holidays but just disaffecting and affecting the education of the young people here who had such a tough time as everyone with the pandemic. stuart: bad news. i'm sorry i'm out of time. neil sean, thank you for being with us this time. >> my pleasure. stuart: what was the original name of pepsi cola? possible answers on your screen, the real answer after this.yo ♪ our . .
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♪. stuart: i tell you this one really stumped me. what was the original name of pepsi-cola? ashley, you're first. >> i have no idea. i go with pep cola, number one. stuart: tepper. >> i will pick the most outlandish one, brad's drink. stuart: so am i. i can't imagine. yes. >> boom. >> it was named after its creator, the pharmacist caleb bradham in 1893. the name was changed to pepsi, i don't know why, 1898. know everybody you know. mark, thanks for being with us this morning. ashley have a good time in florida. time is up for me. varney is done. "coast to coast" starts right now. neil: all right, it is noon. we have so many meetings so little time. today has got to be a near record for these typ


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