And the parent of this network challenging 21st century fox by offering to acquire uk Broadcaster Sky for 31 billion. The share is higher than the portion to buy sky it doesnt already own. Comcasts chairman and ceo spoke about the bid on a Conference Call moments ago take a listen to Brian Roberts. When it became clear it was not only sky for sale but that every share was potentially going to have a change of ownership, we thought now was the time to make a superior cash proposal and that is exactly what they are calling it a superior cash proposal and it is now, that proposal word is important having to do with uk takeover law this is actually a proposal under 2. 4. They need to go to 2. 7 but it doesnt mean or take away from the significance or seriousness. They just have to get their financing together they havent gotten the board approval that is all technicalities for the bigger picture, which is as carl just said, the 31 billion cash all 50 versus the 1075. Timing was the key for
Prepares to meet with a Bipartisan Group of lawmakers tomorrow to address gun violence. Extreme weather same in the United States wreaking havoc in several states. Storms expected to bring in wind and rain throughout the day. What you did spell about about the dangerous weather coming out. Roger goodell going headtohead with Americas Team expecting to send Dallas Cowboys owner jerry jones with a massive penalty with a reported sevenfigure fee. All the stories coming up this morning to talk about it is dagen mcdowell. The wall street journal Global Economics editor Jon Hilsenrath upholster lee carter is here. Good to see you. Good morning. Spirited morning. Dagen msu. Maria jay powell big story. 830 to his testimony testimony and then q a. 8 30 to get the embargo. This is a big moment for the market. A lot of that seems to have come through the system. Powell says things pleasing to investors we could have another big day in the market. Dagen people have been buying treasuries the last
Welcome to squawk alley. Jon fortt with mike kantoly at post 9. Kayla has the morning off. Jop jo jon . Lucky number 13 for the markets. The blue chips marching towards 20,000. In case you were counting, 42 days till donald trump becomes president. Will this trump bump lift all or hiding future risks . Joining us are Brian Jacobson and here at post nine john stoltz, oppenheimer asset managements chief investment strategist. Good friday morning. Good morning, jon. If im not mistaken, john, your projection a year ago for where the s p would be right now is right about where we are. What do you make of this trump rally . Was it going to happen anyway or is it worse off than you had expect smd. Our expectations had been that the s p 500 would cross 2,300 in 2016. But weve certainly gotten help from the election of donald trump. Theres nothing like projections of lower taxes, of reduction of regulation as well as prospects that were going see some significant infrastructure spent to get the
Office. Prosecutors will interview Julian Assange on october 17. He is wanted for questioning over an alleged rape. He has been holed up for four years. Bloomberg west is next. Emily this is bloomberg west. Selfs site droving driving cars are officially on the street. And twitch has made gaming a activity. Why social eating, yes eating to be the next big thing. First, to our lead. Uber Driverless Cars officially hitting city streets. Selfmers can help a driving car in pittsburgh complete with a human driver just in case. One day go away without those drivers. The first like driverless fleet on the road. Max spent the day testing out the service. Here is his report. Pittsburgh. Re in i am opening the app. Here we go. There is this pinwheel thing. That is the most important sensor mapping the road. In all there are dozens of these sensors. Seven lasers. Radar. We have these lovely safety drivers joining us. The idea is to get people to understand what it is like. Im going to press this g
Mark you are watching bloomberg west. Lets begin with a check of first world news. Medical records have taken center stage. Doctors ruled both are fit to serve. Hillary clinton released details from her medical exam today including treatment for pneumonia. Republican nominee donald trump gave dr. Awes a summary of his recent physical. A pastor in flint, michigan reminded donald trump he was not there to deliver a political speech. He was abruptly cut off when he subway from discussing the water contamination crisis to criticizing hillary clinton. The u. S. And israel has signed a new defense deal giving the military 38 billion over 10 years, the largest agreement the u. S. Has ever had with any country. It calls for israel to spend the money on usmade military equipment. The u. S. Will lift sanctions against myanmar. Their de facto leader met with president obama in the oval office. Prosecutors will interview Julian Assange on october 17. He is wanted for questioning over an alleged ra