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Policy institute. Mr. Wallsten, lets begin with you. What would this merger mean to at t . What would happen . Guest well, at t is, wants to buy lots of content, apparently it sees that this is sort of the future of this industry following the comcast nbc merger. At t is hoping to vertically integrate with time warner. Host and you say vertical. What does that mean . Guest so rather than in a horizontal merger, you have two companies who compete directly with each other merging. So the attempts at t tmobile merger would have been a horizontal merger, and it was blocked because of concerns related to that. A vertical merger is when you have an upstream and downstream company combining, so theyre in separate markets. Youre not changing the concentration, the industry concentration in either one by putting those together. And the Justice Department tends to look at those differently. Generally speaking, vertical mergers are easie ....
Medical condition pending california an average workers are deprived of an annual basis because their employers or refuse to pay them overtime. I have dedicated my life and my career to helping working families in the Central Valley. I will go to washington and continue to fight for us here in the Central Valley and all of californias because i know california is a great thing. We live in a Great Community yet we are the poorest Congressional District or one of the poorest in the country and one of the richest agricultural economies in the country and one of the richest states in the country. Valadao thank you for the opportunity. Ive enjoyed the conversation we have had. Ive worked for the last four years doing everything i can for the district. Everything ....
Part of a key index. You see ftse is up there, attracting index of half a percent. Well have details. It sounds like baseball but i will have an impact on the market. Plus, new details on drama between two of the highest paid ceos. That would be viacom and cbs. Howard schultz says starbucks could be joining the rain, of cooled beer. Well hear from him. We ask Howard Schultz about that. We start with the big day in china. How they could get a nice pop after the close of trading today. Welcome back, bob pisani, hi. I wanted to stay in hawaii, but i came back because of you two. I want you to know that. Thats why i came back. Look. We may not get a pop in prices. Its the biggest indexer. Right now theyre behind the indices. So msci is in the process of putting all of the u. S. Listed chinese stocks in their indices. This is a big deal because china is becoming a part of the worlds economy. The second half is happening tomorrow. So to ....
Anticipating a general election matchup between Hillary Clinton and donald trump. If you include superdelegates, she surpassed a 2,383 delegates needed to become the Presumptive Democratic nominee and that makes her the first woman in history to do so, but vermont senator Bernie Sanders is not backing down. In fact, hes urging superdelegates to shift their support to him arguing that he is the stronger candidate to take on trump and we just learned some breaking news regarding trump and the race as a whole. The republican senator from illinois mark kirk said, quote, he cannot and will not support trump for president. Its a reversal of kirks previous statement that he would support trump and comes in light of trumps recent comments about a federal judge. Those comments also prompted new criticism today from anoth ....