remaining third. we think we're middle of a "w" recovery. [closing bell rings] liz: kevin miller, great to see you my friend. we closed down but definitely not out. the dow losing 451 off the floor. that will do it for "the claman countdown". melissa: the pandemic slamming the economy. stocks plunging as retail spending and industrial production dropped at record rates. i'm melissa francis. connell: i'm connell mcshane. welcome to the "after the bell." retail profits reported today, certainly dragging down stocks, we're down 2% on the dow, more than 2% for the s&p 500. we'll talk a lot about it with fox business team coverage. blake burman from the white house. lauren simonetti keeping eye on markets. edward lawrence with more reporting from washington as well. with the decline in the stock market, lauren, we start with

you. lauren: you know what? there is a lot going on today, wall street, bottom line, connell is reacting to the reality march is prequel for april and the numbers will get worse. let's start this morning, retail sales last month, they plummeted the most on record even though stores were actually open in the first half of the month. the national retail federation expecting more than six million jobs lost. look at some reaction. jcpenney now exploring bankruptcy. best buy furloughing 51,000 workers even as online sales and curbside pickup surge there. amazon up 1%, hitting another record high. this is a sign of the times. shoppers continue to get what they need from the comfort of their couches. also wanted to show you guys oil prices. they hit an 18-year low. people around the world stay home. they're not driving. oil inventories rising by the most ever last week. take a look at this. march industrial production fell

the most since 1946. measure of factory activity in the epicenter of coronavirus in the new york area, fell the most ever in april. meaning a deep hole is being dug right now for the second quarter. earnings are starting to give another reality check to this picture. the five big banks reporting so far have set aside an additional $20 billion to cover bad loans for credit cards and mortgages. bank of america says customers deposits increased by a record $12 billion in the first quarter. meaning people are not spending money. and goldman sachs says, this coronavirus downturn will be four times worse than the 2018 financial crisis. its stock, however, up a little bit today. that is good news. here is another reality check and it is coming tomorrow morning, we get jobless claims. another five million are expected. meaning 22 million americans will be out of work in just four weeks time. guys, dow down 445. ugly day for the markets. back to you.

connell: ugly indeed, lauren. thank you very much. deion raboin and jonathan hoenig capitalist pig hedge fund founder. we talk about how things match up. we talk separation with what the reality is in terms of the economy and what's happening in the market but today with the economic data, with some earnings, you know we had a match. i don't know what that means. what did you make of what we saw today? >> i still wouldn't say the stock market is accepting reality right now. we're down a couple percent on the s&p after some pretty big gains, hitting five-week highs from the dow and four-week highs in nasdaq, s&p. i don't think really the market is appreciating what some economic projections are putting out there. had the imf come out yesterday saying this will be far worse

than the global financial crisis. the number on the global hit, 30 times than we saw in 2008. that is not what we're seeing on markets. numbers and bank earnings are letting reality creep in a little bit. we have got a wage to go. average recessionary drop in the stock market is 32%. we're 20% away from that on the other side. connell: dion may be right what is being priced in here. maybe we haven't gotten to the point we need to get. more people are starting to think about a recovery that has a different shape a different letter than a v. maybe they're rooting for a u-shaped recovery at this point in the economy. how do you see it? >> what makes it more difficult, connell, not so different than 2008 outwon, we're not just evaluating the recovery but we're evaluating stimulus. two trillion used to be a lot of money but we know from history

that the 2008 stimulus producessed slowest recovery in modern history. the market has a biggest moves over the last go weeks than it has had since 1933. no one living has ever seen a market like this. the last time you have to go back when essentially the new deal was being priced in. the exact stimulus connell, that makes this market so difficult to decipher right now. connell: jonathan, dion, stay with us. we'll be back to both of you in a few minutes. melissa, over to you. melissa: searching for a solution, president trump says plans to reopen the economy are close tock finalized. -- to being finalized. blake h blake burman in washington with desails i'm eager for. blake. reporter: president and white house finalize details in the upcoming days as president would like to see the economy start reopening sooner rather than later. today he spent most of the day on the telephone talking in a

four different conference calls to leaders from every single major industry in this country. about 200 leaders, ceo's on the calls. the president took to twitter a little while ago to describe the phone conversations as quote, unquote, productive. at about this moment the president should be speaking for example, with the commissioners of most of the major professional sports leagues in this country. the white house today continues to continue to buildout this argument as to why some places could reopen within weeks if not sooner. >> 24% of counties in this country have no outbreaks. 29 states are probably well-suited to reopen pieces of the economy, depending on industry, depending on location, depending on infection rates. pretty exciting it is all coming together. reporter: there is talk about reopening the economy one of the folks who was on the phone call with the national retail

federation, melissa, they gave a little bit after warning sign a dose of reality, they said after the phone call, retailers could lose 6 million jobs over the course of a three-month span. they said the following about the potentially those workers making their way back into the workforce saying in a statement, quote, when the health conditions are right for reopening, our members will be ready to provide service to customers with effective safeguards and protocols in place. while there is all this talk what the president can do, what governors can do, what mayors can do, a reminder businesses will have their say as well. melissa? melissa: thank you, blake. connell. connell: in the middle of all of this, melissa, the government is trying to get stimulus checks out to americans as quickly as they possibly can. edward lawrence is following developments, joins us from washington. what is the latest edward? reporter: connell, 80 million americans have direct deposits in their account from the stimulus checks. that happened today, over the

last several days actually. right now also the irs opened a portal so you can change your direct deposit information if you haven't received those checks yet, or add it, for some reason not in there. there has been enormous traffic on the site. the volume i'm told has been very, very big all day long. officials tell me the paper stimulus checks will be mailed out starting on friday, or monday, depending on which but the presidents have president donald trump's name on memo line. as the direct stimulus starts, payroll protection program is starting to run out of number. look at these numbers. 1.4 million loans have been written to small businesses so companies can continue to pay their employees. $305 billion spoken for in the program. now the program is open to self-employed and independent contractors. the ceo of lexicon banks in las vegas, says that the demand has not slowed down at all. >> there is an overwhelming need

by those independent contractors to have some-flow during this time period. so we processed three of these yesterday. reporter: stalemate to add more money to this, $350 billion. administration officials, money, 50 billion in the account now will be gone basically by tomorrow. that is the same day that senators are going to try and fix it. >> so we're going to try again tomorrow and i would just encourage everybody, both sides of the aisle, america has come together on this. these small businesses need our help. put your politics aside. let's get more relief on the way to save these businesses and save these jobs. reporter: republicans just want to change the actual number in the cares act that already passed. democrats looking to expand other programs. back to you, connell. connell: edward lawrence, staying on top of all of this in washington. thank you, edward.

melissa. melissa: dion and jonathan are back to react. jonathan, i don't know, it was so hard for the government to get this program up and running. i'm just now hearing about people who are able to find their way to credit unions and to the small lenders that are actually putting this money out. now most of it is gone. we need to open up america and get the customers back. what are your thoughts? >> this is, it is no wonder so many of these economic numbers are so dire, that people are coming out for free money, melissa. there can be no wealth created when the country is literally shut down. unfortunately idea of stimulus, its historical track record was terrible. invented by hoover around roosevelt, notion of government spending, government reallocation of wealth produces wealth. the malinvestment, unintended consequences lead exactly as you saw. look, obama tried this in 2008. bush friday it in 2001. the result were the two slowest

recoveries in the modern era. melissa: dion, the thing to do, give everybody a federal tax holiday. put money in people's pockets. provide relief. give relief for businesses or give a payroll tax cut something, that would help businesses trying to keep alive, what do you think about that? >> those things would be great, if you have no revenue coming in, no customers, tax cut is not that helpful. people need money into the accounts right now, a lot of small businesses are seeing revenue cut from, you know, not a 10, 20, 30% cut. we're talking down to 0% for a lot of businesses. in fact a lot of them can't take a two-week holiday without getting revenue. we're not talking about sophisticated businesses. a lot are mom and pops. they employ, 10, 20, 40, 50 people, all the people are laid off. they need some relief and bank account.

>> i will just say, i share the antipathy with history of 2001 and, despite those checks unemployment soared regardlesss especially with the small mom and pops. >> you're apples to chainsaws. melissa: we need to turn the economy back on. >> that is not what we're going through right now. people could still -- during 2001 and 2008. you're shutting down economy. businesses have zero revenue coming in. comparing them is foolish. melissa: all right, guys, thanks to both of you for joining us. connell. connell: all right. we'll keep talking about this. as we do so, we watch numbers on a daily basis in the fight against this virus, and we've now, we topped two million confirmed cases worldwide, 600,000 plus right here in the united states. and state leaders across the country, as they fight the outbreak, coordinating plans to try as we've been talking about to try to reopen the their economies. we have more developments on that front as we continue

through the hour. plus not backing down. president trump stopping u.s. funding for the world health organization for its handling of the outbreak. making the decision in the middle of the pandemic. the potential impact on the agency and potential solutions going forward coming up. hospitals under pressure. we've been talking about this. we'll check in with a icu nurse here in new york, talk about his experience and look whether the state's numbers, flattening of the curve, whether that is matching up with real stories from the front line. stick around. much ♪.

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connell: president trump making the call to suspend u.s. funding to the world health organization, upset about that agency's response to the pandemic and hillary vaughn is outside of w.h.o. headquarters in washington with more on the story for us. hillary? reporter: connell, after the president announced this 90 day paws on donations going to the world health organization the director general of w.h.o. saying today they will try to make up for the gap in funding getting money from other countries. they will not get the citiesal cash from china. china's foreign minister of affairs said they already given $20 million to the w.h.o. and they're not planning on ponying up anymore. the president also saying that

the w.h.o. failed to double-check and take a hard look at the data coming out of china. and as a result, that cost thousands of people their lives. >> this would have saved thousands of lives and avoided worldwide economic damage. instead the w.h.o. willingly took china's assurances to face value and took it at just face value, and defended actions of the chinese government, even praising china for its so-called transparency. i don't think so. the w.h.o. pushed china's misinformation. reporter: white house press secretary kayleigh mcenany saying today, the," the w.h.o. covered up for china and parroted the chinese government claims that there was no human-to-human transmissions. the w.h.o. said it was not clear there was human-to-human transmission at the start of this outbreak. >> we're dealing with a completely new virus.

all potential pathogen, in the initial reports in which there were no mention of human-to-human transmission. it was clusters of, cluster of atypical pneumonia of unknown origin. reporter: the united states is the w.h.o.'s biggest donor, connell. in 2018 and 2019 the u.s. handed over the most cash of any country that is a member of the w.h.o. and they also gave 10 times more than china did. in 2018 and 2019 the u.s. gave 393 million and china just gave $86 million. connell? connell: hillary vaughn for us today. melissa has more on this. melissa: here is claudia rose set, foreign policy fellow at independent women's forum. no matter how you slice it the w.h.o. dropped the ball at very least. do you think saying we're cutting off funding and doing

the review is the best way to get their attention? >> absolutely. what the w.h.o. failing ranks up there as u.n. scandals and failures go with the failure to pay attention to the warning in 1994 of impending genocide in rwanda. this is a colossal failure. melissa: so we obviously need somebody to maintain the role they were supposed to be doing which is to be the trustworthy leader in global health, somebody going into countries where you know, somebody like china doesn't want america and cdc to come in to check out what is going on. you need someone to be apparently neutral around the globe arbiter what is going on in terms of health. is there another group better suited if these guys don't do it? >> start with the problem we cannot afford to have this done by an agency that lies, denies, praises dictatorships for transparency when they have covered up a disease that has

become a global pandemic. and there may be things within the w.h.o. that are well worth doing but this has been a crushing failure at the very top levels that really needs looking at and fixing because it is a danger they will continue to mislead us. the u.s. does a lot of the work that the w.h.o. does as well anyway. we bailed them out in 2014 when they, with the ebola outbreak in west africa, which was another debacle by the w.h.o. it was america that rode to the rescue. and we could certainly start working with places like taiwan, which from the beginning looked at this and saw the problem was very concerned, and took good actions. we've been following their advice we might not be stuck in our homes today but we should start building a coalition outside of the u.n. in this review, there should be a very close look at the real failures at the top of the

w.h.o. and which should parcel out perhaps where we want to earmark fund for things we want to support. but to continue supporting what they have been doing, the collaboration in effect with china, accomplice to the country that covered up, lied, denied and spread this pandemic to the world, we can't afford to let w.h.o. do that. melissa: no. i mean we have this problem with all kinds of international bodies, whether nato or u.n. itself where it ends up taken over by a group that doesn't have the interests of everyone at heart or by a certain faction within there. maybe there is a different structure where we have, i don't know, if it is a coalition or another group that comes together as sort of oversight or a check on these large organizations because you can't change the fact that china wouldn't have let the u.s. in to look around and get the sequence, that we needed in order to create the vaccine or know what was going on. they weren't going to let us do

it anyway. how do you get another body in there having oversight? >> we would have had the sequence by the time it spread outside of china, as it spread outside of china as it did fairly quickly. the problem the w.h.o. gave false assurances over and over. it was late to declare a public health emergency, late to declare a pandemic, praised china and told us china was accurate, was transparent which was false. you have sort of multiple problems there and while that is often the case at the u.n., you have a situation here where we have a global pandemic. you need reliable dealings and honest information and we have not been getting that from the w.h.o. in fact what we've been getting is toting to the communist part of china which its own -- spread this. melissa: yeah. claudia, thank you so much. sorry for the delay. we're sorry about that.

connell? connell: all right. melissa, as we continue here it riley has been in response to some of the more strict stay at home orders in the country, michigan is dealing with the largest protests it has seen in its state. we'll take you there next. major league baseball, players and employees participating in the country's largest coronavirus antibody study. what that could mean for possible reopening of the not just the sport but the economy later in the hour. a streamline refi shortcuts the process. veterans can refinance with no income verification, no appraisal, and no out of pocket costs. one call could save you $2000 a year.

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♪. melissa: michigan residents are protesting their governor today for what they see as excessive lockdown measures. grady trimble is in lansing with the story. grady? [horns honking] reporter: on normal day this would be terrible weather for a protest. today they don't mind the snow.

protesters are staying in their cars and for most part practicing social distancing this started at 11:00 this morning and they have been out here by the thousands for hours. they don't like governor gretchen whitmer's stay-at-home order. they don't mind staying at home but say there are too many excessive provisions. for example, you can go to a big box store but areas remain closed. you can't buy things from the garden section or furniture. you cannot go to your second home if you have a vacation home in the state. you can go on a sailboat or a canoe but not a motor boat. a lot of people say this is too arbitrary and they're not happy with it. listen. >> michiganners will not just bow down to her pointless, her pointless laws and decrease. >> i think she is doing it so she can get national press like this and be joe biden's vice-presidential candidate. i don't know what other reason.

it is just craziness. reporter: something else people complained about is, look here. lawn care companies can't do their job even though they can maintain social distancing while doing it. as for the governor, she put out a statement saying she understands people are frustrated and that they're angry. she supports their free speech and right to honk, make noise and protests. she hopes though do so in a safe way, while maintaining social distancing so they don't jeopardize the health of themselves or the first-responders who have been here today, melissa? melissa: boy, grady trimble, thank you for that. connell? connell: looks like something. melissa we have a "fox business alert." company news coming in. bed, bath & beyond, this stock was down big in the regular session. it is up after hours. it beat on fourth quarter earnings. the stock is up 13%. it did add due to the level of uncertainty we have out there the company will not be providing further guidance for

fiscal 2020 at this time. we hear that from so many companies in the environment. bed, bath & beyond up 13% after being down 17% in the regular session. united airlines is one we're watching as well. it just revealed it expects to receive five billion dollars through the payroll support program under the cares act. a lot of airlines, united saying five billion dollars it will be receiving. so there you go. melissa? melissa: all right. taking aggressive measures to stop the spread, governor andrew cuomo issuing a new requirement for all new yorkers, yet another one. we're on the ground at mount sinai hospital. that's next. plus the coronavirus task force is set to give an update on the pandemic in just a few moments. we'll bring you any breaking headlines from the white house this hour. apple officially unveiling its newest smartphone called the iphone se. priced at 399. it is $300 less than the popular

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♪. melissa: taking further action. new york governor andrew cuomo out with an executive order today requiring all new york residents to wear facemasks in public areas as the death toll continues to rise across the state. fox news's david lee miller is live in front of mount sinai hospital in manhattan with the latest. david lee? reporter: melissa, new york city's likely death toll from the virus is nearing 11,000. that's more than most countries. the spike in fatalities is because the city health department is now calculating not only confirmed deaths by the coronavirus but presumed deaths as well. here now is the breakdown for

the city, the latest statistics. 6840 people confirmed dead from the virus. 4059 presumed, for a total of 10,899 lives. statewide, governor andrew cuomo says yesterday alone 752 people died from the virus. in is daily briefing he said he was issuing an executive order to further reduce its spread. >> i will issue an executive order that says all people in public must have a mask or nose covering, mouth and nose covering. and they must wear it in a situation where you cannot, or are not maintaining social distancing. reporter: reopening the economy the governor says the plan is to do it gradually in phases with public health a priority. he said testing and tracing people's whereabouts will be crucial and that can't be done

without the help of the federal government. the governor also said restarting the economy can be compared to efforts 50 years ago this week to safely return apollo 13 to earth. he said it is going to be a difficult task. melissa. melissa: well, that is not very encouraging. david lee, thank you. connell? connell: here now is howard dasndow. howard is icu nurse in hospital in brooklyn and representative of federation of nurses. we're not saying, howard, which hospital you work out, obviously if you work in new york city it is one of the busy once. we hear how terrible things are on one hand, 11,000 people died in the state of new york, but around we also hear from the governor on a daily basis how the trend are improving. those are numbers. what are you seeing right now on the front line? >> so at our hospital we are

seeing a slowdown in the number of patients coming to the emergency room. when i say slowdown, very small difference from day-to-day. but inside of the hospital we still have many, many critical patients. we're continuing to open critical care bed. we've opened another unit today. these are patients that require mechanical ventilation, require critical care support in order to survive. and unfortunately there are still people that are not making it and it's a day-to-day situation that we're in. connell: we hear all the time about supplies. how are you on ppe, how are you in terms of ventilators, bed capacity? how would you say all of those things are going at the hospital where you work? >> so at the hospital where i work we are continuing to increase the bed capacity for all of these critical patients.

we do have a supply of ventilators. that hasn't been an issue up to this point. again we do not know how long this is going to go on. as far as ppe just like every other health care organization across the country we are conserving the ppe because again, we don't know when this is going to end. so we are reusing masks and are, other ppe in order to conserve it. we've had good support from our national union which has been supporting the nurses as well as our local federation of nurses uft. we have been supporting the nurses with food, with support groups. we're in it for the long run. this is a long fight and unfortunately i don't see this ending anytime soon. connell: yeah, that is an important perspective. like everybody knows this already having followed this for

so long you know that is not normal having to reuse masks. it is not even safe and everybody agrees on that but it is the situation you guys are in. it is not your area of expertise but i think sometimes we all get, especially story like this, we try to cover as best we can, we're in some sort of a bubble, those of us not on the literal front lines, so our conversations about the economy have been getting back at it, getting back to work, getting back to business. do you have from your own personal perspective to people saying getting a little frustrated now, want stock get back to their normal lives? >> look the only thing as a health care profession i'm going to say we must continue to social distance. we must follow health care professionals. the cdc guidelines. i don't see us getting back to work immediately. i'm so concerned that if we jump the gun too soon, that we're going to have an extension of

this pandemic. following the government's recommendations of staying home, social distancing, the governor of new york's recommendation about wearing masks in public, i think we have no choice but to follow those guidelines because if we don't we're going to be in a far worse situation than we're currently in. connell: right. the last thing anybody wants of course is to see, once you make progress as the governor himself said, to see that progress go other direction. stay safe, thanks so much for the work you and your colleagues are doing. thanks for updating us today. we appreciate you coming on. >> i appreciate the time. connell: melissa. melissa: businesses fighting back. we're going to talk to a major player in the food industry about his plan to help struggling restaurants reopen for business. plus in just a few minutes the coronavirus task force is set to give an update on the pandemic. we'll take you live to the white house briefing as soon as it happens. stick around.

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only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪. melissa: the coronavirus pandemic continuing to hurt a number of major industries. our next guest is figuring out a way to keep the restaurant industry afloat while helping those on the front lines. joining us andy wiederhorn, ceo

of fat brands. thanks for joining us. you have a couple ideas forethings that cab done right away to save the restaurant industry. walk me through some ever them. refunding payroll taxes last 12 months for restaurant workers? >> thank you for having me. what should be done right away refund the 2019 payroll taxes already been paid by restaurant operators or small business operators around the country. the number knows what that is. they know everyone's bank account. they can kick that back to them. so easier to proportionate number of workers you have, waiting for loans to be dispersed or new loans to be made available. melissa: that, i mean that is such a great idea. because it is exactly proportional to what is going on. part of it they want the people to commit to use it to pay their workers but so many of the businesses have said, okay, but

i can't keep my workers on the job, i can't get them to come back because my business isn't open. there is no work for them to do. that is a great idea. another thing you said was three month assistance in your rent. talk to me about that too. >> right. same thing. if we're closed for half of march, all of april, all of may, great, the landlords are saying in many cases defer rent or give you half rent for now. you ever to pay the rest of later or amount we defer later f we force everybody to shut down for three months, give all the tenants a three-month credit for or cash to pay rent or give landlords three month payments because they have to make payments too. there has to be a way to true this up. otherwise small business comes out in june or july with a three-month rent bill? who has extra money to pay three months rent? melissa: yeah. beyond that we have to get it opened up to get customers back, right? in a case like your business,

you know, do you think people are going to go back to restaurants the same way? what's going to be different and how do you adapt? >> we have 400 restaurants across the country. some are burger restaurants and others are casual restaurants like bars or buffalo's cafe and steakhouses with buffets, all-you-can-eat. i think consumer trends will be very different at different type of restaurant service companies. people will want to go back to bars. they will not want to sit next to somebody. there will be whole ish you have of masks, are employees wearing masks. where are we with therapeutics and where are we with vaccines. fast casual, will bounce back because people can get a lot to go and delivery. anything more dining, sit-down, consumers will be slower to respond. government needs to give more help, 2 1/2 months worth of payroll and ppp loan is not long

enough. they will be closed 2 1/2 months and they still have rent and everything else to pay. melissa: it is such a mess. real quick, what are you doing to help out along the way? >> thanks for having that. we have our mobile food trucks in california. we're giving away 10,000 meals to all the first-responders and relief workers at different hospitals every day. we're doing a lunch and dinner shift. we'll do that for all of april. we'll do it for all of may until everybody reopened back to normal. in the southeast we're giving away platters of food to the different first responder stations. melissa: it is really good food. i would love to have some. we will when everything gets back open again. thank you for coming on. we really appreciate your time. thank you. connell? connell: all right. really interesting story, melissa coming up here in just a moment. it is the largest study to date as far as we know in earlies of it the virus and how it is spread. employees of major league baseball teams are in the middle of it. they're joining in the fight to track the spread of the virus.

we'll talk about this next. we're awaiting task force briefing live from the white house. tweet from the president, they will get things started this evening 5:30 p.m. eastern. what is that? 40 minutes from now. we'll be right back. and best of all you can do it from start to finish without leaving the house. it's fast, too. with our va streamline refi, there's no income verification. no appraisal. and not one dollar out of pocket. our team is standing by right now to help every veteran who calls. .. (music)

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connell: president trump spoke last hour with a number of sports industry groups. that comes as we learn major league baseball employees will be taking part in a huge coronavirus antibody study. jared covers sports for us. i don't know what it means by getting back to sports. but it may mean us getting back to work. >> good afternoon. it's interesting. they found major league baseball because it spans across the

entire country, you have people from all different types of background, and team staff as well. up to 10,000 or more will be taking part in this nationwide study which basically is a fingerprint and within 10 minutes they will determine if they tested positive for anti-bodies. one type is present shortly after infection, and another one that would hang around long after. they want to get a truer sense to what level our country is infected with this virus. 27 of the 30 teams taking part. connell: it might give us a better sense of how the virus is spreading, not specifically sports. buff if we are going to see a season for these sports. dr. fauci did an interview about

this. about how we would do it. i believe this was on snapchat. here is what dr. fauci said today. >> there is a way of doing that. nobody comes to the stadium. put them in big hotels. keep them well surveilled. and keep them tested he week to make sure they won't infect themselves or their family and let them play the season out. >> i think dr. fauci is negotiating reality with our great desire for sports to return. obviously for a kickstart to the economy. i agree with him. as far as we saw in a study, a national study, 72 he * of people say they won't be comfortable going to a stadium until there is a vaccine present.

2020 is the year of the asterisk for just about everything. maybe baseball gets played entirely in arizona. governor doug ducey said his state would host all the teams. everybody wants to jump back in. let's get started. i just think of a cake that's bake. no matter how fast we want that cake to be done. we can turn up the temperature. it won't help the cake cook better. it might ruin it. i think dr. fauci presents a realistic situation that could bring sports back than where it would be otherwise. connell: what about basketball? mark cuban is in support of doing the no fan approach. maybe some sort of nba playoff format. put everybody in las vegas or

something like that. maybe we'll see some basketball, too? >> basketball seems to be the most maybe up in the air. they were the first to suspend operations. this is well over a month we haven't had our major professional sports. the horse competitions, the virtual sports net and what not. who knows what it's going to be with the nba or all sports. i think as dr. fauci said the reality will dictate what we can do. thanks to governor ron desantis in florida or offering for us to play in florida. the baseball commissioner said we'll wait and follow the guidelines. only when it's safe for our players and the staff and our fans and public will we resume. i am sure you have done a trip with your kids and they are

asking are we there yet? if we are going on a trip to florida i don't even know where we are in the carolinas. melissa: are we there yet? are we there yet? [♪] lou: good evening, president trump spending much of his time and energy on preparation for the reopening of america's economy. president trump speaking to a number of members of his economic revival institute. a list of 200 industry leaders encompassing financial services, retail, healthcare, big tech and more, the president's discussions a precursor on a larger meeting tomorrow on the opening of the economy with the governors of all 50 states attending by telecould be forensic and about when --