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First off, your reaction when you heard about jamie dimons throat cancer . Betty, i am a human being too, so we are all aware this type of thing could happen. It is horrible, i wish the best, and i hope he requires recovers quickly. As he was saying, it was detected early, it is curable, and he will be working throughout. There are questions about who will succeed him, and he noted they have Succession Plans for the immediate future, in three years, and in five years. Had thisst time we conversation about succession at jpmorgan was one jamie dimon was president obamas favorite banker and people were thinking he might be the next treasury secretary at some point. Stated, and aons successor was, sort of, anointed, and of course, that discussion faded and that person eventually left jpmorgan. Now, once again we are in this discussion, and people are talking about the head of asset management, and gordon smith, who runs the commercia ....
Century foxx is in a position to offer. Murdoch is reportedly willing to raise the offer higher than 85 a share if time warner opens its books and starts talking. Mergerld this potential change media as we know it . Cory johnson with me here in the studio and in l. A. , our senior west coast correspondent, jon erlichman. What is 21st century foxx and today . Time warner inc. Like these are largely televisionrelated businesses. They both obviously have film operations but this is largely a play on the future of television. If you look at where is foxx sits. Dealsve two massive taking place. Time warner cable being swallowed up by comcast. We constantly talk about what for the channels, what kind of leverage they will have in the negotiations when they are trying to squeeze more fees out of the cable company. If you look at some of the things foxx has been doing, trying to boost the value of their own brand. This would be the extension of that. Hbo, turner, some of the big brands that ti ....
Television, happy friday. I am alix steel in for stephanie ruhle. He get that jobs number and the markets are we get that jobs number and the markets are inching their way higher. Of time for the news feed, the top stories from around the world. We havent seen a job market like this since 1997, employers adding 2007000 jobs for the six straight month in july adding 2007000 jobs for the sixth straight month in july 207, 000 jobs for the sixth straight month in july. Ford Beat Estimates while nissan, gm, and chrysler came up short. And a big takeover in the slot machine business. It represents a 38 percent premium over the Closing Price yesterday. Investors are breathing a sigh of relief. For more thand 300 points for its first day for its worst day since february. We are asking where do we go from here. We turn to rick reader. Ofsees over 700 billion fixed income at blackrock, ....
Before july 7. All 12 districts reported Economic Activity continued to expand since the last beige book. Characterized the growth as moderate. The other seven, modest. Boston and richmond saw a slightly slower pace of growth. Consumer spending helping to drive much of that growth come especially in car sales and tour is him. Consumer spending continued to increase at a moderate pace since the Previous Report with generally modest growth among nonauto retailers and moderate to strong growth in be cool sales and tour is an activity. ,or districts reported robust very strong auto sales with more optimism from all districts for the months ahead. This is interesting. Richmond mentioned that recalls were weighing on car sales while chicago noted an increase thinks to the recall. Other highlights, tourism activity increased across all districts. The same story for manufacturing ....