Roadster. And the courting of 21st century fox. More potential buyers for parts of that company emerge the fate of the company and what it means for overall media and shares of cisco having a great week so far. Chuck robins joins us on set in a cnbc exclusive. We start this morning with the latest potential bidders for assets of fox that include its studio, its ownership of sky, star, fx, the National Geographic channel, Regional Sports network, i could go on and on ownership of hulu, comcast our Parent Company the latest company to be in talks with fox as i reported later last night as we reported yesterday at cnbc as well for those assets in what is described by people close to the situation as an all stock deal that would in Effect Exchange comcast shares for the assets in question giving comcast potentially a much larger international component, certainly what is described as a whole if you want to think of it that way in the companys current construction largely a domestic company
David faber at the new york stock change well talk about the move and impact on tech, media and m a. Feet futures are up well get housing data in an hour and yellen speaks tonight the Justice Department sues to block the merger with time warner saying it would hurt competition and result in higher prices for consumers at t says it is breaking with decades of antitrust precedent by blocking a merger of companies that dont directly compete with each other. Well talk to the lead attorney in just a few moments. As you heard stevenson say, the suit defies logic and erat cal departure from decades of antitrust precedent. It is surprising even now, that we have seen the lawsuit and weeks leading up to the possibility of it. Remember when the wall street journal first reported the possibility it could be blocked. Many people were like, what, really when this deal was announced frankly, action on the antitrust front was way down the list of potential risks and yet here we are with a case coming
Of ours. Actually 10 00 we are looking up on all the major averages i guess, yeah, looks like we are. European markets, you ask, we answer what are they doing jim . We trade with the good ones now. Whats that we trade with the good ones. All positive. Other than spain 10 year note right around look at that over 58 this morning our road map as well it starts broadly with stocks on track to open higher boeing boosting its dividend shares rising premarket. The plan maker setting a new 18 billion stock buyback plan and a mega mall merger. Buying the World Trade Center mall and new jerseys nearly 16 billion overall. What . We should have 3m just preannounced. Lets get to that too. Remember the other day a fellow was telling you to sort it it was ill advised. You were on him. I was all over him like a cheap kmart suit. Those are cheap. That was my first thing that i wore to goldman. They said get out of that corduroy suit. A day in which the fed will hold its final policy meeting of the year
Officials lifted expectations yesterday in proposed tax cut. The central bank raising rates for the third time this year and in the final News Conference is Federal Reserve chair gina gallant says the u. S. Economy is performing well. She also targeted bitcoin concrete to occur in the highly speculative asset, but not enough to cause a meltdown. More coming up this morning. Futures look like its indicating a market continued momentums this morning. The dow industrial up 30 points at nasdaq, s p 500 higher. Investors waiting on the European Central bank decision. Mario draghi will bring you those headlines. Markets are down across the board a quarter of a percent lower in half a percent lower in germany and the dax index. Lower across the board, as you can see the kospi indexed on one half of 1 . The latest have a smiley accuse by the network of his misconduct allegations. Details at smiley intends to fight back. Way more to fight on. Still refusing to concede following doug jones shock
A Malaysian Police officer testified today in a trial of two women accused of murdering the estranged brother of kim jongun. The officer says the women were seen on Airport Security video with two men were believed to him provided news to kill in february. Both women are pleading not guilty not guilty. They will have death sentences if they are convicted. This is to prevent a repeat of augusts deadly incidents when white nationalists dissented on the city. One counter protester was killed which was struck by a car. Global news 24 hours a day. Powered by more than 2,700 journalists and analysts in more than 120 countries. Crumpton, this is bloomberg. Julia live from bloomberg World Headquarters in new york, i am julia chatterly. Scarlet i am scarlet fu. Joe and i am joe weisenthal. Julia we are 30 minutes from the close. We are sneaking into the rent with s p 500 pulling back from an alltime high. Joe the question is whatd you miss . Trumps chiefdent of staff insisting he was not quitti