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tv   Mornings With Maria Bartiromo  FOX Business  May 6, 2024 8:00am-9:00am EDT

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cheryl: good morning, everyone. i'm cheryl casone for maria bartiromo on assignment monday, may 6, 8:00 a.m. on the east coast hot topic of the hour anti-israel protester arrests growing on college campuses nationwide so are tabs for taxpayers fox business madison alworth outside the university with more. >> good morning, cheryl that arrests as well as police presence on college campuses continues to run up city on hook some saying should be the universities that are paying for this expense, like i said the cities are the ones paying for police presence despite many private universities are calling on their help, eric adams said still at a minimum should be shared with schools.
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>> we believe, that they too should contribute to the cause one way to prevent from escalating a zero tolerance as soon as that pent goes up it comes down. do not allow this to continue, to expand. >> asked city nypd how much efforts have cost them, city hall telling fox business too early to know price but definitely increased overtime for the police department the continue to increase in costs columbia reportedly asked city to keep police presence through commencement may 15 why a bipartisan group lawmakers in the caucus is calling on school to pay saying in a letter to elite university quote turmoil on columbia's campus of the university's making columbia created this mess columbia not
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new york city should pay to keen it up, the latest numbers for arrests since april 18 we've had -- police arrested detains 2399 people during protesters cross 52 college campuses, 27 states. cheryl. cheryl: nearly half arrested nearly half as i know you reported on were not students at that campus, and nypd being asked to babysit once again, these protesters, madison thank you for that live report a great story, we will see you all day on fox business. you know the "the wall street journal", writing that -- what is happening with nypd cost to taxpayers but parents frustrated pushing back against the university in response to the campus protests in fact "saturday night live" targeted from prospective of parents, watch. >> we don't have that clip
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right now liz i watched from to paraphrase you had thompson agency columbia parent saying i drive uber being sucked it up. >> let actors show you how funny. >>. so supported with out there. >> -- when whose court. >> i thought you were in favor, man y'all kids protesting not kids not kids know better. cheryl: best part, went on to say my daughter vanessa, going to commencement she is walking, i am there when walking i paid for her --
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>> the advice he overwhelming entitled minority bullying people occupied wall street lasted 59 days people got tired of using buckets for toilets it ended i think this will end sooner, vocabularying a.m. minority in spite of professional protesters is going to get pushback. liz: a commencement giving a platform to show off their anti-americanism, so forth, then, the convention, the question is -- is it going to fizzle before convention democrats hope so o can i say -- >> it is not. >> this was eric adams finest hour you have to have zero tolerance program set climates expel students walking across that line great to send foreign students home to break their laws their regulations
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then you don't have a big cost for new yorkers any city host to big university. cheryl: usual asking average new york taxpayer to pay for a bunch of kids others don't even go there to protest, when the average taxpayers doesn't have a multibillion-dollar -- >> 14 billion dollars, 14 billion. >>. liz: the migration in city illegally thanks to joe biden new york has a lot of pressure points right now, to pay for these kids messing up the campus, outrage. >> to that point they can afford it on newsreel, if you spend 90,000 to have your child go to columbia university, like that skit i want to see my child walk across that stage, nypd to pay them. >> somewhat suseptble, alumni
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stock given city demands payment et cetera parents withhold institution, sue some have sued because kids are not able to finish out school year, good for them. cheryl: "the washington post" reported university endowment showing few signs of direct israel or defense holding they said available documents found few direct holdings by largest endowments at all underscores difficulty in potential attempt to satisfy chris demands from protesters follow the money chris i always say is that. chris: the idea, is impossible first of all secondly small minority, the hubris of kids to say i think just sometimes just argument looking for cause; right? now jump on this i thinkt, professional protesters are making guys make demands
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absurd. >> the one requested it nypd stay on campus until may 17, two days after commencement all she has to do is pay for the entire program under nypd, called private detail private security you pay for it because, a lot of other groups in new york city pay for it but i digress. liz: educating students so should he know what is actually going on in israel. cheryl: a lot more coming up, following this story as it develops we're going to look to a big week of first-quarter earnings, disney lyft tomorrow uber on wednesday, etf president o'harrow with expectations next you are watching "mornings with maria" live on fox business. . .
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cheryl: all right. take a look at futures, actually tracking this higher
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just last hour or so dow up 132 nasdaq up 49 and change s&p up 19, this is the first full week of trading for the month of may taking a look at oil. on your screen a little bit higher trending higher 83 and change on brent, crude is 78.80, wti domestic contract, my guest is saying to get to 2% fed fighting against oil. joining me etf distributors president sean o'hara. >> you would think with all the issues happening overseas in middle east, that both contracts would be higher than they are. >> good morning, cheryl thanks for having me you know price of oil remaining higher for longer i think works against the narrative fed is going to lower interest rates. so higher for ail means
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interest rates higher. interesting, as you said, united states right now producing all-time high in terms of input the price of oil very different sticky 80 to 83 dollar range i don't see that changing much because overly demand increase if we can't get energy down inflation will remain sticky last bit hire for longer flaifrt from my perspective this market trading at high p/e in anticipation of a bunch of fed rate cuts higher for longer, for oil prices equals higher for longer for fed funds rates i think narrative markets p/es remain higher longer becomes an issue. cheryl: that is interesting >> in particular because if you look at the summer driving season seeing gas prices tick up that is inflationary story
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consumer two big reports this week consumer products, in particular, names like mcdonald's starbucks people pulling back from you know getting either that 10 dollar latte, does that affect how you move money around right now? >> a well with regard to starbucks i own that personally i think challenge is china competition emerging in china a dual effect there i think stock trading relatively low in long-term investor i think starbucks high-quality company we look at generally free cash flow metric free kash flow yield buy stocks at discount to free cash flow relative to other names that gives us a portfolio of stocks that generate, higher earnings growth we get much higher front cash return we can buy stocks at really low multiples relative to the market so
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biggest, one 10 times earnings versus 2 the s&p 500, i think emergency a hedge to broad market, trading at high moimz, energy very low multiples. >> the ones that are responsible for most gains last year i think you can look to secondary names, instead of nvidia i also own for disclosure sake intel i added to my personal portfolio or amd, to continue to pay that ai trend without all easing in the nvidia basket. if i owned i would be bragging throwing a birthday party obviously didn't buy that one chris, earnings coming up disney a big one you own disney how are you feeling about this report. chris: i think going strooeb
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strong 128, we see 146 room to run two things making money with streaming making money with streaming finely stop being political we are making half customers mad nobody said don't use words ladies and gentlemen, any more reverse that trend, has done that i think on the right track. >> sean? >> yeah. i think streaming for them is important what concerns me about the streaming revenue a decrease in overall subscriber i don't think necessarily problematic for them starting to turn--profitable but disney one company maybe paying attention to what is broadly happening in culture in america moving back in the right direction as opposed to away like previous guess said. disney was america, right then
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moved away from that that was a bad move on their part i think bob iger coming in sort of straightening things out good long term. cheryl: we need bob iger 2.0 now. >> the idea warning as mr. yarns imminently invasion of rafah encouraging them to evacuate are a parts airstrikes reported this morning tennessee senator bill hagerty to react next don't miss a moment you are watching "mornings with maria" live on fox business. .
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. cheryl: if you are military ordering nearly 100,000 civilians evacuate parts of eastern rafah leave for humanitarian zones israel preparing to send troops into rafah, dropping leaflets from military aircraft, biden administration reportedly a home on u.s. ammunition to
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israel, for, news digital is told the u.s. will continue to do what is necessary to ensure israel can did he have its from threats it faces, senator hagerty a member of appropriations rules banking committees senator good morning. >> good morning to you. >> "the wall street journal" wrought about in particular this move that axios reported over the weekend that biden administration is holding on to one ammunition shipment supposed to go out last week to israel saying israelis are scrambling nervous worried this is going to be start of maybe the biden administration's holding back support for them and military operations what can you tell us. >> cheryl very disturbing i have seen same reports that you have, we have ininquired state department to determine veracity of reports if true i think quite disturbing frankly not surprising. the biden administration, has been using both sides here basically saying we support
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israel at the same time, do everything they can to support hamas. i don't see them imposing any constraints when they relax sanctions on iran, no constraints at all help our adversaries, here we are only real, rally ally in middle east biden administration is imposing constraint after constraint trying to i can do tate politically within that country trying to dictate terms of war on the ground, rafah tough situation they need to step back lobby israelis what they he know to do. >> what do you make of comments from benjamin netanyahu, yesterday holocaust remembrance day not walking down says that israel has a right to defend itself, no matter what, inventory clear if we have to go alone we will go alone, that is one thing i want to ask you about the other "the wall street journal" had op-ed this morning about ammunition pullback that right lane are reportedly happened saying a
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mistake by biden administration they insert themselves into negotiations of a cease-fire, never happens, happened once, that white house is making again a calculated mistake in how it handles the war between israel and gaza. -- >> i think -- >> it is -- it is like a split-screen tv here, what is happening, in israel, is what needs to happen israeli people support this far and away israeli people support what benjamin netanyahu is executing we should not have chuck schumer joe biden trying to insert themselves into ebb domestic politics they should simple support our ally what happened in america quite different a great focus by this white house and what is happening in michigan minnesota focused on o innovative elections appeasing radicals on campuses whatsoever they need to do to support appease hamas
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protesters in america concerned about this very fragile he is coalition joe biden trying to put together for november 2024. cheryl: a white house press secretary karine jean-pierre discussed a potential plan to bring palestinian refugees into u.s. says taking this very seriously in particular issue of vetting, a group of more than 30 republican senators have written now to the administration, to end plans to bring in gazans refugees focus on securing release of u.s. hostages held by hamas. are you agreement with those republicans. >> i certain am, you can understand the concern. this administration isn't capable of maintaining our southern border people on terrorist watch liz across our southern border every day the thought biden administration could properly vet people from gaza, 70% of gaza support what hamas did october 7 i think very hard to imagine that we're not going to see even
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more introduction, a endangering to national security the billion dollar plan announced the minute senate approved the last major bill that came through congress. cheryl: also, too, what is happening at home, relating to the war in the middle east, anti-israel protesters hoisted a large palestinian flag above encampment at george washington university happened yesterday george washington father of our nation defaced the president calling yavrment increasingly unsafe doesn't seem doing much more to clear out "the wall street journal" reporting left-leaning activity groups trained students for months well before the protests started do you think we should have a federal investigation to department of justice, fbi, someone, to look into who agitators are on campuses
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where they came from where they are getting support whether it is domestic or overseas. >> quite disturbing to americans to see what is happening on college campuses not all campuses of course but illustration you gave with respect to the to george washington university the grandfather of our nation having a statue defaced happening in campus after campus after campus we learned organized i don't know why americans should be surprised in any respect people like george soros fomenting dissent for years we have foreign agitators swiss billionaire doing everything to distort american elections interesting that this type of thing happens, before major presidential election years, 2012 occupy wall street, the blm i, in 2020 here we are today, i think american public obvious to be very disturbed we ought to deviate this
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rather than have fbi harass parents that taken pta meetings perhaps complain with mass mandates they should focus exactly what is happening in america who is behind. >> it a pleasure to speak with you thank you please keep us posted on all things in washington this week senator thank you. >> thank you very much. >> a lot more coming up six months to go before 2024 election. another new poll has trump leading biden in head-to-head matchup americans strongly disapprove of biden's job as president, democratic strategist laura, to discuss state of the race elections debate is next tomorrow tolocks maria live from milken conference speaking with economic top business leaders 6:00 a.m. eastern time you are watching "mornings with maria" live on fox business.
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cheryl: millions americans in the past in whet lauren simonetti has details. lauren: storm system in midwest potentially life-threatening weather conditions across the great plains thunderstorms oklahoma kansas nebraska to expand move eastward as week goes on, texas deadly weekend flooding authorities say four-year-old boy was killed after swept away by fast-moving flood walters, over flowing rivers in eastern part of the state could remain swollen for days
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some areas saw 8 inches of rainfall, the kentucky mystik dan first to take home 3.1 million dollars, it was 150th annual kentucky kerby saturday i'm sorry to report didn't do well a photo fin three horse neck and neck with mystik dan winning by a knows sierra leone second, it was only tenth time that we had a photoo finish with so many horses neck and neck in the history of the derby. cheryl: you know what i went with fi. earcenescarborough shoal. >> next time favor young.
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>> 3.1 million out of five-million-dollar prize, lauren thank you for that appreciate it, on to 2024 november, a brand new abc ipsos poll shows a tight race between president biden and former president trump, among all concluding those said not voting trump leads 46% to biden's 24% among registered voters biden leads narrowly 46%, to -- anyway a very dearthy poll, republican political analyst campaign strategist, got laura fink democratic strategist rebelle communication founder, who is ready? >> -- cheryl tell you right now going to be a, i think
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best thing for trump a better planned to play why i say that look at the issues voters care about most academy, inflation, crime he is up by double digits, i look at 6 battle grounded states deciding, election michigan wisdom pens arizona, georgia nevada he leads in allings also helpful his base starting to see alvin bragg trial for what it is embarrassment to the legal system. cheryl: the top three issues among voters, a very wide-ranging poll abc ipsos did importance in vote the economy, number two, 85% say inflation number three crime and safety 77% if you look at each of these particularly on economy trump has 14 point advantage over biden has a on economy 14 point advantage overinflation, now, to be
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clear, 23 you look at the poll overall matchup does seem to still of guy towards president biden despite what voters say about their personal situations where is the difference how do democrats handle polls when do not bode well for president biden. >> a wild time in politics, political polling because everything that has been said is true, yet i would still bet my horse on biden i think more mystik dan than fearsness because things the polling is not capturing, a razor's edge what this election will be decided on all about needs to do is remind voters who trump is, reminded this many of his stance on social security, medicaid that he wants to repeal affordable care act or raymond them he is responsible for attacks on women's health abortion rights state after state trump's situation tricky
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needs to convince voters not all about him so far failed to do that i think republicans count on weather negative things, continuing to persist continuing on instability middle east, border crossings, by the way, are down, counting on inflation, not on weather a wild thing to be doing they are you unfortunately the wild card someone not someone can necessarily be counted on stay on message. >> i want to pick up what she is saying here because look this goes to, you know,, are the personality versus policy what this election is going to come down ford if you look at results, former president trump leads ez to he handle six of 10 issues tested in survey six out of 10, okay? a 14 point advantage like i mentioned on inflation then when it comes to trust, that
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is -- and personality, that is where is president trump seems to have weaker polling numbers in general, all of this in midst of a new york city hush money criminal trial underway right now. so, the former president ford and republicans do have some challenges here. >> absolutely have challenges one key challenge to make sure that infrequent voters vote listen to what laura said every single position donald trump has basically talk about abortion all day long, therefor joe biden can win let me say something joe biden 80% voters say is too old to serve another term if you look at job approval 35% we're seeing as time goes on more and more people looking fondly on trump about border, crime inflation about the economy, all donald trump has to do next six months continue to talk about that when we look at polling
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last year it has been incredibly steady, job incumbent not good if incumbent not leading at this point six months to go to election. cheryl: i don't think he used the word "lie" to be clear i didn't hear that what i did hear you said i thought was issue of abortion, that is what harris the biden campaign seem banking on this is going to come down to women's' rights donald trump going to lose that -- that suburban feel vote. >> not just you suburban female vote but election defying polling close races last two years in contact after contact abortion rights a dividing factor isn't hope to the wind we are count on fact repeal of women's right first time constitutional right had bin repealed by the
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supreme court, the real life implications of women waiting in hospitals to get medal care in parking lots having to fly out of state to get care they need, these are types of things that motivate voters beyond polls thus far with trump saying -- leads states want to criminalize abortion would o throw women in veil for pursuing basic health needs something motivates voters not just women or suburban women this is across the board. cheryl: i know -- talking about it, it wasn't so much jail it was more monitor pregnancies created a firestorm let me move on to this in ford, to you because look, former president trump could take a female as running mate some you households many big gop donors have private lunch event at mar-a-lago --,
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doug burgh ham, elise stefanik, marco rubio tim scott some an stage, biden administration at fund-raiser but i am bringing up with you should he pick a woman? would that make a difference. >> you know, i think the democrats are going to try to "sully" anybody that donald trump picked i don't think catalystity he noem for hubbub about her book that said donald trump looking for somebody loyal to the american agenda understands stay on message not hog spotlight someone can step into we president of the united states whoever he picked as vice president is going to be leaps and broundz better than kamala harris worst vice president in history according to nbc polling. >> six more months to talk about this i want you both back i enjoy talking to both i have ford o'connell laura fink, thank you very much. >> thank you. >> see you soon, a lot more coming up, just under an hour
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away from president trump's hush money trial is go oing to resume this morning in lower manhattan jonathan madison is here with his take what is going you on in court coming up next you are watching "mornings with maria" live on fox business. . you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire
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cheryl: former pot donald trump hush money trial set to resume this morning, in lower manhattan at courtroom down there obviously, a lot of things going to be on the table, here. he are reportedly slammed case in a private retreat in palm beach, florida recused president running gestapo -- gestapo administration, obviously, we have that very emotional testimony on friday from hope hicks his 2016 campaign press secretary telling jurors president was concerned over stories about alleged favor with storm storm would impact his family potentially because embarrassment i bring in republican will strategist madison firm lead attorney jonathan madison thank you for being here one question this morning, is it we expect to see michael cohen on the stand
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this week is it rare prosecutors have not laid out witness list for this week to be clear defense going to walk in courtroom not know who is going to be on the hand i mean that is normal operation procedure? in a criminal case like this? >> you know incredibly rare, downright unharder of as a member of legal profession i am shocked this kind of conduct is being allowed in the courtroom consistent the pick and choose, guess what is next approach to this trial jurors obviously, confused to some extent. about whether what extent even campaign finance violations, federal election violations, right? you have to remember that is the entire that is the only way that the prosecution is going to make their point here they have to turn trump's
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conduct into election finance issues. right? and so i think they failed to do that but just by the judge allowing certain conduct to occur in the courtroom, is really confusing to jurors, keeping everyone on toes, keeping this sort of let's see what happens next attitude about what happens in the courtroom, i got to tell you it is very off putting legal profession to not have a witness list ahead of any trial civil especially criminal. >> i am not the attorney you are talk about shawn trump paid 9,000 fines last week mr. judge said i violated gag order warning him if he continues violations of the gag order could pays punishment, jail do you think the judge is ready to put former president of the united states in jail?
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>> you know o i got to tell you i think doing some grandstanding to some extent i got to tell you not the first time. this is a big problem i tell you why. donald trump is a presidential candidate. in an election year, right? you have biden all over the place, making statements however, he wants wherever he wants, using trump's name, and you are going to tell me donald trump a presidential candidate never mind the fact a republican, forgetting that, he is a presidential candidate in election year he can't say anything? you know. i got to tell you he cheryl, i am not always been agreeing with the president in a statement but over the weekend he accused of this administration of being gestapo this is the definition of gestapo debacle order on presidential candidate you can't say anything while the other president gets to say everything, ridiculous. cheryl: elizabeth on set go
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ahead. liz: do you think the gag order is going to be grounds for mistrial? >> i don't know whether, a gag woulded be grounds for mistrial so to speak a, i hope it won't come to that i think the defense is going to move for direct verdict going to put defense in strong position reminding observer a directed verdict judge says any reasonable jury will come to same conclusion after they area all the evidence he was after they haefr michael cohen everybody already agrees is a liar. >> i think the bigger issue is i mentioned a few moments ago correct me if wrong i am not the lawyer you are. are crimes cases are very difficult to prove, but easier in a civil courtroom than in a criminal courtroom, i think what we are hearing alvin bragg in the first place
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decided to try in jurisdictions rejected it based on evidence that had been presented they passed alvin bragg new york city district attorney we should say campaigned that he was going to go after the former president, has continued to basically use taxpayer funds resources, to take this case down the line. do you think that was a mistake on bragg's part here? >> i do, you know. and breaking down two issues you point out one, i think this case is ripe for appeal. because of that jurisdictional issue he coffee just held the case in any state than new york said has to be here understooding a bigger challenge for trump in lower manhattan the real issue the other thing you sort of mentioned the prosecution case almost rests entirely on proving trump's -- motivations for making payments, now if
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they can't establish by the way, hope hicks's testimony blew this issue wide-open a paw cake looegdz to cloud cover entire case on prosecution part if prosecution can't establish trump motivations for that maiment were for purpose of manipulating influencing the election case blown wide-open he hope hicks made statement he did it for wife and family not to influence some >> jonathan madison great come free thank you so much for joining us we've got breaking news to move on from you sir we are getting word into fox business fox news that columbia university has canceled their university wide ceremony schedule for may 15 canceled instead focusing on class days madison alworth standing by a quick break back to madison alworth live from
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columbia university with more on this breaking news we'll be right back. stay with us. .
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breaking news recovering on fox business, columbia university has canceled the may 15 commencement ceremony, but spring and once again madison alworth she is live at columbia's campus with more details. >> good morning this is news people have been waiting for for some time while campus protests riled this university. i will bring you that
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announcement made about 15 minutes ago and an official announcement telling students they sell on their feedback that they will be canceling the centerpiece rather and they would be making the centerpiece of the commencement activities the class to its global ceremonies were students are honored individually alongside of their peers rather than the university ceremony that is scheduled for may 15, think about that, that is a large ceremony would have all of the difference in et cetera that are honored together that's only a ceremony we have the big speaker that will come and talk to all of the students are graduating that is no longer happening and we're being told that it does have to do with the safety concerns around the protests that have been happening here on columbia's campus, reminder from earlier report, because of this concern they have extended the request for police to be on campus for may 17, those graduation ceremonies are happening the 15th and on a
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smaller scale but the large and chronic graduation ceremony that is canceled because the protest on campus. >> you said it, now we have the news madison alworth, thank you for jump jumping on the breaking news, security is a concern at columbia, number graduation. >> it is infuriating, these poor kids are going to have the graduation because the administration is too cowardly to basically enforce the rules. >> the rewards emboldens in its cowardly spirit columbia has had many universities across his country, a lot of problems. thank you so much for being with me. i would've the all of you know tomorrow morning 6:00 a.m. eastern time maria is going to be in los angeles at the global conference come alive with lots of amazing interviews. that is it for me, i yield my time to stuart varney. >> good morning, you yielded it well, good morning

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