watches when you say i work for comcast. who are you? really, they don't know comcast? >> beyond the cnbc franchise, joe, more recently euro news, comcast has not existed as a media brand. >> you'll know us. they'll get to know us all right. thanks, geoff. see you later. and football soccer >> soccer is a big deal. >> call it soccer. it's soccer. we have football >> your favorite show, "downton abbey. >> i know. but in general, davos -- >> you're just thinking davos. ♪ that's all i could watch what is that jay powell set to give his first testimony -- and you have stockholm syndrome you've been over there so long right? you have to get back and assimilate you're back home now back home. embrace it >> in the saddle >> jay powell's testimony as fed chair. what it could mean for equity and bonds. i hope you're not using the excuse that you didn't buy into the correction did you in gonow that you got your correction? are you on the train you know what's awesome? gig-speed internet. you know what's not awesome? when only certain people can get it. let's fix that. let's giv

sky and comcast, big news today. sky is a broadband provider, comcast is, too. if this combination were to happen it would make comcast a global player in the space and a bigger target security wise. what are your thoughts >> strategically it means comcast becomes more international, different regulations, much bigger footprint from a cloud and connectivity standpoint. locally, when companies come together, attackers will follow. something to think about tactically as well as strategically. >> want to talk about security in the pre 5g era. last year more cars were added to wireless networks than phones i'm guessing not many of those cars had hamcafee software in them how do you secure this new world of devices >> we see two domains when it comes to connected devices, vehicles one of them you have the connected device and then the cloud so we do a lot today in the cloud and protecting customers data and all the information, the privacy elements of what happens in the cloud platform, secondly the device. now with the auto ecosystem, it's a long time where we work

is right on i think disney will find a way to come to terms with comcast to take comcast out of being a bidder for the other fox assets. and very importantly, resolve the hulu ownership issues, which is key to what disney gets out of the fox deal. getting pulled over, having that to be able to function as itself it's a lot of things for a lot of people. >> the important point you raised, they will be able to have the power of their ownership in hulu. tom raises the point that at&t and time warner are going to convey >> let me interrupt you and take you to the fed chair beginning to read his remarks. >>> i'm pleased today to present the federal reserve's semiannual monetary policy report to the congress on the occasion of my first appearance before this committee as chairman of the federal reserve, i want to begin by expressing my appreciation for my predecessor general janet yellen and her important contributions. during her term as chair, the economy continued to strengthen and federal reserve policymakers began to normalize both the level of interest rates and the size of the ballot

comcast puts 22 billion pounds on the table for sky sending shares to a 17-year high the comcast says he is open to co-own the pay tv company with murdoch or disney if he has majority stake >>> persimmon pretax proof rises 25% dragging the rest of the building sector higher. >>> standard charter trades higher in london and hong kong after to 17 pretax profit jumps 175% beating forecasts. we'll speak to the cfo in about 15 minutes time. >>> sky shares rallied to a 17-year high on news that comcast entered the bidding battle the u.s. cable giant unveiled a 22 billion pound offer this morning representing a 16% premium to the deal already on the table from 21st century fox. brian roberts says there are strategic benefits of a combination with sky he argues because both companies create and distribute content the combined group would be stronger than if 21st century fox takes full ownership of sky. however he says he is willing to co-own the company as long as he has a 51% stake. neither 21st century fox or disney have reacted to the announcement so far. earlier we spoke to paolo from css

would ultimately create better value, looking at a company that understands comcast, i think comcast is in a better position to do that >> frank, thanks for your time we appreciate it >>> from media to the bond market rick santelli at the cme rick >> it's very interesting, because obviously we've been discussing the performance of jay powell now for several hours. the market, a parallel shift except for the long end. obviously it popped right around 10.38. what's interesting is it's currently up five basis points so is the five year, so is the ten-year, but it's come off a bit, only up a couple basis points it has been more aggressive in 2018the high and low close of the year averaged out is right around 90.55 many dollar folksens change trader, we're not far away, but then again, we've been here before melissa lee, back to you. >>> thank you, rick. >>> the big ts, both up 3%, tech have been a -- the market sell-off in february we'll tre meadso of stocks leading the charge student. ♪ feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of

i does this is what comcast does. and so - >> so, if you were -- you sound like if you were advising bob igor, sounds like you would say, walk away, line roberts have sky. is that what you think he's going to do, though? >> i'm not sure i would say let him have it. i think it sets up a very interesting negotiation. i think there's probably disney content that sky has that disney needs back in order to be able to launch a streaming service globally i think that's another piece of the equation that can probably lend itself to a resolution. but there's a deal here to be made where i think comcast as a natural owner gets -- gets a good deal that disney ends up with a better deal and saving a lot of money and murdoch ends up with a higher price for his sky assets at the end of the day, i think out of this chaos, some order can come of it that actually benefits all the companies and that's why i think the market has it wrong >> that's a fascinating take >> tom, always good to see you thank you for your thoughts. >> thank yo

would -- company better than he would and fox or comcast. vonnie: is there a price at which they cannot ignore the comcast did? and $8 billion is different. >> i suspect they will. they are going to wait on the at&t time warner court battle. that will set the tone. comcast to stick around and really be a player in this transaction. family atrts and the comcast is comfortable doing larger deals. for the same reason disney wants more contentt, get and international exposure. those are the same reasons comcast would want to buy twitter for century fox. what are the other potential targets for comcast? paul: there aren't too many more things of size. viacom is still trying to figure out what to do. sherry redstone is putting those companies together. that would be the other asset of size out there. sony also has a big movie studio that might be of interest to a buyer, although sony says a are not looking to sell. this is certainly one if you want to make double down in content and go direct to consumers, you can never have too much content. the

comcast is offering $31 billion for the company. early tuesday morning, sky said it was premature for anyone to be doing anything because it is not yet have a firm offer from comcast. here to break it down for us is the head of research for bloomberg intelligence and chris. first, layout were each of these offers stand or does not stand for sky. >> well, right now, as you mentioned, fox is saying there is not an official offer out here so there is really nothing they can commit to on their rent will have, but they high-level meetings and most likely come out with their own proposal that would at least match what comcast is offering. they have to. they cannot let a higher bid stay out there. paul, let's talk about why comcast would want sky. the ceo spoke on a call earlier today. take a listen to what he had to say. >> we have admired sky for a long time, and when it became clear that not only was sky for was but that every share going to potentially have a change of ownership, we thought now was the time to make the superior cash pr

a counter bid to the comcast offer. some good reporting. certainly, they are anticipating some sort of transfer. thank you. jacqueline simmons, joining us on set. the story of the morning in terms of what we are seeing in the stock market. u nextp, some of the other stocks we are watching, including one that is surging after the u.k. homebuilder plans more than doubles the size of its capital returns. you can see the stock is up 12%. this is bloomberg. ♪ guy: welcome back to the european open. we're 40 minutes into the trading day. let's talk about the mid-cap movers. here's emery. >> good morning. persimmon is up 11.5% this morning, one of the biggest after planshe ftse, to more than double the size of its planned payout to investors. additional interim dividends will be made each year for the next three years, ending in 2020. investors like the sound of that. they also profit for the full year in that estimate. composite reports out for persimmon. also trading up more than 35%, provident financial. it seeks to raise

, how do you envision sky will contribute to comcast's overall revenues? >> comcast is mainly a cable operator there's universal and more content they can distribute. there's a big tech nological change going on, and they're selling more services. sky have their own technology and they can bring that to the table. >> the bigger picture is these are two giant media conglomerates who are entering the race do you think the trends going forward in this industry will be one of further consolidation are we likely to see more and more of these deals take place >> all of these operators have been under some pressure as a result of the netflix growth, and amazon moving into content as well. that's prompting them all to look around and make sure content gets around to the largest number of customers. >> thank you very much for joining the show that was gervais williams on the latest with the comcast/sky deal for more on consolidation in the media space, arjun joins us from barcelona. what can you tell us on this topic? >> consolidation has been a big part of the tal

would you rather comcast or flicks >> -- comcast or netflix >> netflix no hess dags >> longer term, i agree with you. comcast is a longer term bet more stable environment. floirks is volatile. >> i would have said the opposite i would have said floirks is a longer term play because they are positions for future streaming, blah, blah, blah. and comcast is shorter. >> i think you are going to get growth up front and you have to start pricing in all that growth i think comcast longer term, floirks shorter term. >> it is not a question for me i'm not going to flip now especially on a relative value play what's going on with disney and what's going on with comcast, they are getting bigger, controlling content. they are going to have more to deliver themselves comcast already can. disney isset going into that business. >> i would rather be in comcast it's about risk reward >> still ahead, what has been an epic rally for square. we will hear from the ceo later this hour. i'm in lista lee you are watching cbs, first in business worldwide in the meantime here's what's coming up on fast. >> how

how will comcast change sky? mr. roberts has the usual quote that he will maintain the united kingdom platform. ohlonbalogna, they always change it. how will comcast change sky? >> from a practical standpoint, i think it will be very little. the sky brand is well-established in the u.k. it would be suicide to change that. then what you are looking at is, is there anything they could do in terms of cross promotion? for universalmer and comcast content. guy has its own production as well. what this deal really gives comcast though, and comcast has been talking about this for years, it gives an extremely fruitful distribution network. nbc universal, it has a presence in europe. bear in mind, the headquarters are in london. this is a market that they will well-known. but this massively increases the distribution work for the comcast content across the european continent. europe is still very important. given thebut ian, strategic importance of sky to fox and disney, do you think they will put in a higher offer? will they

now is do they go with the comcast offer, side with them? really comcast has very little margin for error in terms of getting this right and getting the shareholders on board. julia: and what about bob iger? he is sitting here -- he called sky the crown jewel of fox's assets. with the be happy with fox's assets minus sky, or does he turn around and say we have to pay a little more? ed: it is fascinating. basis he fox on the would have at least 39% of sky. there are two options. one, they could end up owning the current fox share. that would not be ideal for them, particularly if the remaining 69% was owned by comcast, a huge rival for them. the other could do is somehow launch their own bid for the remaining piece and see if that is something that could win shareholders over the comcast bid. another option as fox coming back over the top of comcast, offer a higher number, and then disney ends up with the fox deal and the option of buying the whole thing, but that raises the question of does disney have to recut the deal? julia: the timing is

with comcast is a tried to bid against bob iger, and they picked bob iger because -- comcast said we will take care of it overseas because the problems are here domestically. overlaphas virtually no and they have taken care of the regulatory problem. everyone expects there to be a counter offer. alix: what do you think? >> i think we are at the end of a nine year bull market. what have we seen -- time warner, at&t -- 4.4 trillion over the last 10 months, a signal that we are getting to the end of the cycle. alix: let's bring it back. go. cycle oran prolong the a hard stop. >> exactly, and this underlines the importance of being perfect, because the fed loves to say expansions don't die of old age. i think that is what jay powell and his committee members are aiming for with this. david: we will see how they do. our bloomberg intelligence fixed income strategist, great to have you. chair is, the new fed set to deliver his first congressional testimony today, as we may have mentioned. andake a look at inflation what that might mean for his tenure. alix: taking a look at jpmorgan, the s

again, it's not even an official offer we have yet sort to speak from comcast for this. there's time to go here. and certainly you would expect the fox/disney camps are going to consider all of their options and by the way already had something of a game plan in place because this possibility was not foreign to them. it was certainly always believed to be something and something we discussed as a possibility given comcast's strong desire for presence more in international markets and, of course, what was desire to buy the fox assets that were available for sale before they signed up the deal with disney. i can tell you that fox and disney are not seen backing down it doesn't appear at least at this point that there is going to be a willingness on their part to say, okay, we'll let you do it, brian roberts and comcast. or will even consider selling our 39% stake to you is there a negotiation in the future for these companies there are a lot of different moving parts here? sure it's always a possibility but right now the read i have is that they're not going to stand back

fox will with disney instead of comcast. no comcast comes in and they say we are going to best of the deal by acquire inside because sky was part of the deal with disney. >> right, right. it is a complicated -- maria: not that complicated. dagen: fair to question the motives. maria: that's what i'm saying. so we will watch that. it's interesting because this is a 15% higher bid for sky and fox had on the table with its deal with disney. a lot of cash on the table and i agree we will see more deals this year from the tax bill. we will keep following that. keep your writer and fox business. live coverage of jay powell's testimony at 10:00 a.m. eastern this morning. he's going to take questions. do you see any difference in the house part of it versus the senate part of it? he speaking to the senate banking committee on thursday. >> he tends to get a lot of questions about bank regulation when he does the house also. so i think he's going to get a lot of that. the janet yellen days, the house environment was a little more hosti

comcast's 31 billion dollars bid yesterday for sky set of a battle between disney and comcast with rupert murdoch on in the middle. said "we thought that was in time to make a serious cash proposal. we think sky is an outstanding business." iger said sky is an amazing platform, and that is obviously a crown jewel in the assets of 21st century fox. theook forward to having opportunity to have scott be a part of our company. moves, by the stock comcast shareholders may have some more doubt. what this shows, the yellow line is comcast stock. it really went down. somewhat,t down suggesting that shareholders would like the deal to go forward. fox was somewhere in the middle in the blue. with us now is michael wolf, cofounder and ceo of activate. welcome back to the program. let's start with what that chart seems to suggest. why is sky a strategically important decision for comcast? behind both of these companies bids for assets, there is a strategic rationale. has control of a number of important pieces of programming. premier league until 2022. rights to some of the most important series like

walt disney ceo is declining to comment on comcast bid. transfer the florida deputy has been heavily criticized for failing to enter stoneman douglas is defending his action. a lawyer said peterson did not go inside the high school because he believed the shooting was happening outside the building. i've seen upcoming peterson resigned last week after broward county sheriff scott israel accused him of failing to confront the shooter and suspending him without pay. lea: president trump telling governors they have to stand up to the nra. like berman has the story. >> resident charm prevailing in a bunch of the beacon with the head of the national rifle association. the president eating lunch with winlock hearing chris cox good monday morning the president met with 38 nation governors both republicans and democrats and told them they should push back against the nra but also have nothing to fear. >> don't worry about the nra. they are on our side. there's nothing to be afraid of. we have to fight them every once in a while. that's okay. >> th

us cable tv giant comcast makes a $30 billion bid for rupert murdoch's european tv operation. and the trading day has just begun in europe. this is how the main markets are faring. the new fed chairjerome powell is speaking in washington today. and how and why do things go viral online? we meet one of the firms that says it can do it all for you — for a price. we'll get the inside track on the world of online marketing. today, we want to know do social media ads reel you in or switch you off? let us know. just use the hashtag bbcbizlive. hello and welcome to business live. packed as usual so let's get started. does europe need to do more to protect itself from foreign takeovers? from german manufacuring to greek ports and uk data centres, there's growing concern about how to make sure investment doesn't cost know—how. and eu trade ministers are discussing this at their meeting in bulgaria today. foreign direct invesment into the eu — that's when companies invest their money in foreign countries — came in at $370 billion last year. not all of it is considered uncontrove

is comcast and nbc you. the hate this company. as much as they hate the possibility of the other one. it will be tried in court. it will come out during the trial. they will probably face the same conditions. zero wait a minute. closing bell ringing 17 minutes. look here we are still up by not as much. 498 points. investors are seen dollar signs flashing all over this today. but something else is flashing green except this greed may actually be a gigantic warning signal the color red. ten year treasury yields. back near four year highs. it is what caused the selloff in the first place or at least one of the triggers. are they too caught up in the rally. we are heading back to the floor because these markets are smooth right now. you can't miss it. at holiday inn express, we can't guarantee that you'll be able to contain yourself at our breakfast bar. morning, egg white omelet. sup lady bacon! fruit, there it is! but we can guarantee that you'll get the best price when you book with us. holiday inn express. be the readiest. (barry

right now it's at the comcast center. later on it will be at the triple "a" store on market street, the franklin institute, the reading terminal market and blue cross river rink winter fest. [ chanting ]. >> chants of fly cory fly at high school in north philadelphia, the graduate is la tonya, she is the mother of eagles running back core reclem menss, so they decided to hold a pep rally in honor of cory and the entire eagles team. students prayed for the birds and placed roses in front of the statue of saint teresa to ask one special vic interest to super bowl 52 rx. we may immediate a little divine intervention. nbc 10 is your official eagles station and the only place you can watch super bowl v dwo. we have your backstage pass leading up to and right after the game and don't for get to catch we want it special every night at 7:00. we're going back to. >> reporter: the mafl america now, quarterback nick foles talking to reporters. >> what less obs can you take from that for the real game? >> think just what we went thro

comcast is not the most well loved company in washington, d.c. i think rupert murdoch prefers to own disney shares. he and his family will be the largest owner of the walt disney company, and i think he likes that position better than comcast. >> north korean leader kim jong un has invited south korean president moon jae-in to meet, a dramatic gesture that may raise prospects for easing tensions on the korean peninsula. the invitation was delivered by kim's sister. will the charm offensive work? >> i think it has. considering that there are calls for talks with kim jong-un. clearly the local media here was all over her visit. she overshadowed the olympics. forget about the opening ceremony. a few hours ago, vice president pence in an interview said the u.s. is willing to engage in talks with north korea without the precondition there were before, that the u.s. would not talk with north korea until they have started dismantling their nuclear weapons program. clearly what ever the charm offensive or propaganda machine they instituted over the olymp

i think comcast is deliberating this. there are attractive assets that fox sold to disney, including skye, which comcast was very keen to get. lookit comes down to, they closely. if they go ahead with the bid, how big will it be? what kind of termination fee will they offer? will it be enough to get fox and murdock back to the table? is the structure? i would suggest the shareholders really don't have any voice, do they? >> i think the murdoch family has been the driver here and it will come down to them and chemistry between the leaders said disney and comcast. it is not just about money or financial structure and data. i think it comes down to personality, chemistries. i think murdoch made the preference clear when they went to disney. obviously, money talks. much, aaronou so kirchfeld, as we look at one of the media deals. the one that caught my mind washulu and the challenge of making money. let me take about tv . if you're at your desk at ab bernstein or will's fargo, the good work of kathleen fisher and also geo

comcast business outmaneuver. david: paul manafort took a swipe at his former business partner rick gates, he said i continue to maintain my innocence. i hoped and expected my business colleague would have had the strength to continue the battle to prove our innocence. gates pleaded guilty to false statements and conspiracy charges for work and manafort did for the government of ukraine. none of the charges had any connection to trump or his campaign. joining me, andrew mccarthy, a man who saw a lot of this coming. we don't want to discount, these are very serious charges against both men. and mr. gates pleaded to two, including conspiracy. but nothing, nothing related to the across its of the trump campaign which lead me to ask the question, why do we have a special counsel? >> that's a great question. it does seem that there is no reason that the justice department could not have investigated gates and manafort for what you say are serious charges. i think what they will say ultimately. there is a lot of evidenc

comcast mulling another bid after its initial offer was turned down for a deal with disney. >> if comcast doesn't want to come back they will be a credibleedibly -- be a bidder. they have a tremendous track record, tremendous support on the street. i think rupert murdoch and 20th century fox prefer the disney deal for two reasons. one, they believe it has less regulatory risks than a comcast deal. comcast is not the most well loved company in washington, d.c. maybe even more importantly, i think rupert murdoch would prefer to own disney shares. he and his family will be the largest owner of the walt disney company, and i think he likes his position in that company better than he would at comcast. >> north korean leader kim jong un has invited south korean president moon to meet, a dramatic gesture that may raise prospects for easing tensions on the korean peninsula. the invitation was delivered by kim's sister, kim yo-jong. will this charm offensive work? >> obviously, i think it has, considering that there are calls for talks with kim jong-un. clearly the local media here was all over he

comcast business outmaneuver. scarlet: i'm scarlet fu. this is "etf iq," where we focus on the assets, risks, and rewards of exchange traded funds. ♪ scarlet: are we on the cusp of seeing the whites of inflation's eyes? have the latest wage income and consumer price data are causing a shift in investor portfolios. ibm's watson is now stock picker -- sort of. we talked to the team behind aieq. it's an actively managed etf that uses machine learning helps you choose a new stock every day. and we take you inside niv, that focuses on a single commodity.

why is comcast interested ? probably is that the main motivation? why is comcast interested? probably a bit of both. they are very big group. they moved into movies and nbc and they already control nbc news, probably die loosely regarded news service on american tv, so they know the business well. i am sure that they would get on well with the existing sky management which is high quality management. lots of things going for it but the pressure point, nobody has probably thought before that rupert murdoch would get into a bidding warfor something most people thought he already owned! that is where it gets complicated but it is relatively straight forward now, the highest bidder will win. you provided on was the solution for regulators that we re the solution for regulators that were worried about... yes, all of the regularly plumbing of some kind thatis the regularly plumbing of some kind that is going on at the moment, a lot of this has arisen because the murdochs all in much of tv and print and can be very influential, comcast is not involved in print media anywhere, let al

comcast business outmaneuver. scarlet: conduct from bloomberg's streams live on twitter, and life in midtown manhattan, this is bloomberg markets. julia: let's get a check of first world news with mark crumpton. ark: new york city police donald trump, jr. is what has been taken to a hospital after opening an envelope that contained a white powder. trump called 911 this morning after opening a letter addressed to donald trump, jr. at their midtown apartment, the president's daughter-in-law told officials she was coughing and felt nauseous. please and the secret service are investigating. the president today unveiled his vision for rebuilding america with a budget proposal that includes $5 trillion to upgrade the nation's roads and bridges. >> i submitted legislative to congress that will lead to the largest infrastructure investment in history and a invest $1.5ll trillion in investment in american infrastructure. house speaker paul ryan praise the proposal and said the president is right to make a procedure a natio

comcast has none of that. that said, we would have to see them submit a formal bid and start going through the process. but they could very quickly catch up to where fox is at, if they started working with regulators now. skies shareholders could have an offer from both in july. they will vote on it in may, by then everything might become clearer. rebecca: probably closer to the summertime before shareholders vote on the deal. we may see an announcement from the competition regulators, recommending to the government what to do with regards to the fox sky bid. everything could line up for these companies to come head-to-head. rebecca, thank you. you will be back lots and lots. rebecca penty, thank you. vonnie: let's check in now on the bloomberg first word news, with taylor riggs. taylor: president trump, attacking his own attorney general again. he is unhappy that the inspector general looked to death look into the use of the foreign intelligence surveillance act. the president tweeting -- the trump administra

comcast is offering 25 billion euros for the london-based broadcaster. it would take comcast against my first century fox, which is trying to buy the 61% of sky it does not already own. it just proves you really should listen to taxi drivers. anchor: i always try to. thank you. and the world of business finance, let's take a spin through the international papers this wednesday in paris. are analyst joins the onset. we are starting with the italian elections that get underway this sunday. reporter: those upcoming elections reflect a country that is more than ever divided. that is the opinion from an italian daily newspaper. the writer compares the upcoming election to that of april 18, 1948. pitted election, a rome's pro-western government against the communists. back then, the cia intervened to support the pro-western government. the writer says it is kind of like that now, except instead of the u.s., russia is the new ally for many of italy's political forces, who are pushing for a friendship with russia, and in some cases a eager bilateral tie with mos

comcast business outmaneuver. >> announcer: welcome back to "wall street." maria: fiscal policy tax reform, rollback regulations a good idea? howard lutnick: of course. the government saying to a bank, you shouldn't buy that because it's wrong. wrong by who. i like that they say you shouldn't buy that if you don't have the capital to support it. that's practical. that's what you get from '08. you shouldn't be able to bite if you don't have the capital. but to say you can't bite because it's wrong, that's something that should go away. if it goes away the banks will be able to trade more and provide more client service and the banks will do very well. maria: and you get more volatility. howard lutnick: i get more business from the banks and the banks' finances numbers are going to do better. you give them interest rates and the ability to trade, you will see lovely results. maria: we are entering a period of perfection, a roltback in regulations, economic growth, and higher interest rates. so it's pretty good. what did you make of the atlanta fed coming out w

second play involves comcast. set it up with what i said yesterday. comcast bought nbcu in 2011. they agreed, that was the justice department under obama, they agreed to a number of conditions. current justice department under trump basically believes that those conditions weren't always met or at least that deal, with its conditions, still hurt the shareholders? i should point -- still have consumers. now i should point out that that case will likely be made in the at&t-time warner deal. what they're going to say, the justice department, they may not go through it, but they're talking about it, they may say hear are all the problems with nbcu, comcast why. replicate that with at&t. liz: everybody thought this administration run by a businessman would fling open the gates and say everybody, it's a party! merge! do whatever you want! it's not a problem! this is the complete opposite you're telling me. >> well, in this case, listen, there's no doubt in my mind that president trump's dislike for the media plays into this. his lawyers are doing some of this. liz: you're saying if thi

and s of comcast declined fox moved higher. disney is preparing for a asponse in case comcast makes bid. over the last year, big tech firms stand accused of as selling ns such campaign ads to shadowy russian to ps and not doing enough fight harassment and threats on their own platforms. running for w congress in massachusetts' eighth district and is here to how she wants to make a change, she knows from person the ience how vicious trolls can be. you played a critical role in my that is out this week. i'm so happy you're here. important part of this story, a whole chapter on trolling. >> i want to thank you, you have written one of the best books silicon valley that has ever been out there. it cked it up and finished in one setting, it's amazing. emily: thank you, you have all.d through it take us back to gamer gate. remember e may not just how bad it was, it was a ago and suddenly you had, what seemed to be the attackinging industry you. breanna: it was really harsh. forces that became the alt right, they found a playbook to g

scarlet: and we see comcast beating out disney. the pullback here is seen as a buying opportunity as a possible deal with walgreens appears to be off the table. is an analyst that recommended buying the dip saying the news is not surprise -- not a surprise. let's look at macy's as well. quarter andns last macy's also predicted the momentum would extend until 2018. as abigail doolittle reminded us, this is because the comps had been pretty easy as well. sales rose 1.4% when analysts predicted a decline. joe: take a look at the government on market and macro in focus today with those chairman powell testimony. a little bit of flattening. up 2.26%. the take away was not that he was hawkish, but not that dovish. he's pretty impressed with how the economy is doing and if that trend continues, we will take a look at the 10 year yield. you can see we got that jump in the afternoon about when he started speaking. when the testimony first came out, we saw a little drop in rates. perhaps being a little dovish. andit was during the q&a expres

shares of comcast fault —— fell nearly 6% in us trade. the us department is slapping steep ta riffs us department is slapping steep tariffs and as much as 160% —— io6% on chinese imports of a limit —— aluminum foil. the claims its products are being dumped in the us market at below price, and that chinese producers are benefiting u nfa i rly chinese producers are benefiting unfairly from government subsidies. they must be confirmed first by the international trade commission defour they can be implemented. more bad news for global toy chain toys "r" us, this coming from its uk venture, the retailer faces "r" us, this coming from its uk venture, the retailerfaces a "r" us, this coming from its uk venture, the retailer faces a 20 million —— 20 $1 million tax bill that it cannot pay without selling the business. so far it has dealt to secure a buyer, the toy chain filed for bankruptcy in us in september of last year. 2017 it was a turbulent yearfor last year. 2017 it was a turbulent year for the economy, from a rushed ban on high

comcast is the parent company of cnbc, which produces this program. shares of fox,disney, and comcast all lower in today's session. >> and bristol-myers squibb said its immunotherapy treatment when used with another one o its drugs helped patients live longer than conventional chemotherapy without the cancer gettin worse. bristol-myers also reported stronger-than-expected earnings which were helped by stronger drug sales. shes down nearly 4% to $60.96. >>> as an investor, this market sell-off may be a little unnerving, so let's talk about what steps you could take to protect your portfolio, whether ryou're a medium a long-term investor. joining us to offer his insights is douglas bonaparte, president of bona fide wealth. welcome, doug. nice to have you . >> great to be here. >> let's start with what you make of today's trading session. >> there's no question, it's an ugly day, but this is something remind to use to ourselves that making knee-jerk reactions is probably not the way to go. >> so, doug, what should investors be doing with their money here

benign owner of these assets comcast is not a dominant player in the u.k. and european news. i think of course comcast could get the whole thing and would want the whole thing. >> how about giving credit to brian for what he's done with nbc. done a hell of a job these guys are good. he has a great team. >> brian and steve. >> he's built a fabulous team, and i think you've got to give him some credit for taking this move. >> you've been talking about meimlt you have to give immelt credit for selling it for half of what it's worth >> don't start me there. but right now, our bond is fraying. how do we get back to "us"? the y fills the gaps. and bridges our divides. donate to your local y today. because where there's a y, there's an us. like you do sometimes, grandpa? and puffed... well, when you have copd, it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said... symbicort could help you breathe better, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden sy

more on that comcast bid for sky which has come out of the blue. yes, comcast is a big us tv network and why are they interested in sky. the technology is attractive and they wa nt to technology is attractive and they want to diversify outside the us, they have connotation from netflix, amazon, the streaming markets. they wa nt to amazon, the streaming markets. they want to perhaps go outside that market and stream to europe. but we have three companies here. fox, sky, disney. comcast the fourth member of that club. what does disney do now? they put in an offer and is taking over fox in the us, do they counter that which is interesting. in fact, the endgame of the fox and sky deal is ahead of us because 61% of the float is available and were just getting through the regulatory clearance of fox and sky in the uk. bearing in mind that in december, fox sold itself in a swap to disney. so we have a potential owner in disney of sky and we have a potential bidding war, we think, with disney also entering the fray to try and acquire sky from the independe

if it doesn't go through, comcast wouldn't risk overbidding. that's one of many possibilities that may or may not happen as media companies continue to wait for regulators to weigh in achlt and the court system to weigh in >> i don't know if you see in your report, alex, disney is moving lower as well maybe the idea is they've got to up their bid as well but you are saying nothing is imminent here, correct, as we see these stocks respond in a nanosecond. >> absolutely. nothing is imminent. nothing is decided here. you can read more on cnbc.com. yeah, comcast is considering this if a number of things happen no decision has been made. and, in fact, the idea that they may overbid is not exactly new but the fact that they're still thinking about this may decide that traders look at this one way or the other so many different things have to happen between now and when that may or may not happen that we're still a ways away with that decision. >> thanks, alice. >>> straight ahead, jon najarian is using the market for a big move hoe see as what he see

outside, this is the visibility from the comcast center looking northwest today's our new comcast technology center which is across the street you can't see it the visibility is very low. so be careful if you're out tonight. give yourself lots of time and time between you and the car in front of you. because the visibility will vary from spot to spot. periods of rain on and off throughout the evening. it won't be raining the entire time. but you may need the umbrella. stormy weather overnight when the heaviest rain will fall through tomorrow morning. heavy rain thunderstorms, and potential flooding. we don't get thunderstorms often in february. but they're certainly on the table this go-round with this storm system. wilmington, delaware, you're socked in. valley, you're socked in. lehigh valley you'll still get a soaker, but not as much rain ashe south. here's why, huge temperature contrast here from south to north if you're at the shore points, it's a 50s, nriladelphia, mid 30s a poconos. visibility is poor. so all the road around hereo be at their normal paces. so around three-quarters of

imagine that they could be the comcast for cord cutters so you could get all of your online media delivered through facebook. so, you would have a news feed that was your family, but with no filter. everything would be there exactly where you'd like it. you could do something similar for friends and for groups you're in. and then you could have all the forms of content you'd like. if you want msnbc or you want npr or hbo, and alma of those would have their individual channel, it would be curated by the people who created the content.

comcast business outmaneuver. david: former fbi director james comey couldn't keep his opinions to himself after the release of the house intel memo. he tweeted, that's it? dishonest and misleading memo wrecked the house intel committee, destroyed trust with intelligence community, damaged relationship with fisa court, and exposed classified investigation. >> he needs to tell us when he learned that the democratic part yaint hillary clinton campaign paid for the dossier. he's welcome to come back and share that information. but i think the american people understand the fbi should not go to fisa courts to get warrants based on information provided by the other political party. david: i thought it was a bombshell. drawing from the memo, the political origins of the dossier were known to senior doj officials paid for by the dnc. they might was political but withheld that information from the fisa judge it was misrepresented as real intel. if it's not illegal, it should be. >> two different crimes, one is perjury and

comcast business outmaneuver. we use so why do we pay touters thave a phone connected. when we're already paying for internet? shouldn't it all just be one thing? that's why xfinity mobile comes with your internet. you can get 5 lines of talk and text included at no extra cost. so all you pay for is data. choose by the gig or unlimited. and now, get a $200 prepaid card when you buy an iphone. it's a new kind of network designed to save you money. call, visit, or go to xfnitymobile.com. david: paul manafort took a swipe at his former business partner rick gates, he said i continue to maintain my innocence. i hoped and expected my business colleague would have had the strength to continue the battle to prove our innocence. gates pleaded guilty to false statements and conspiracy charges for work and manafort did for the government of ukraine. none of the charges had any connection to trump or his campaign. joining me, andrew mccarthy, a man who saw a lot of this coming. we don't want to discount, these are very serio

we have talk of comcast. comcast offering 12 1/2 pound per share for sky. comcast taking on twenty-first century fox, parent of this network, and disney on this deal. the proposed deal is higher than that from fox. fox coming out with a statement, 21st century fox remains committed to the recommended cash offer for sky announced. there is no offer for comcast at this point. david: thank thank you, nicole. sorry to interrupt. we have the president coming out. let's listen in. >> you will see the fruits of that labor and see it over the years. i want to express our tremendous gratitude for jonathan holyfield and members of the white house mission, initiative and historically black colleges and universities throughout our country. they're working hard, doing well, and we're making a very big commitment to them today. since i signed and by the way, jonathan? where is jonathan? [inaudible] since i signed the executive order establishing this initiative in my administration we have made great strides in strengthening hbcus, a cherished and vital institution in ou