we will talk now more about cbs and time warner. chris from bank of america. hall, the thing that struck me about these two earnings, cbs and time warner, the division between advertising and subscription fees. we have heard the place to be immediate is subscription fees and advertising is dying. these seem to point in the other direction. is advertising back? paul: particularly it is back on television. cbs is exposed to television and -- advertising television and it is up 12%. have not seen that in five years and we have not seen that from any media company in a long time. is comingenvironment back and there's talk about advertisers switching money out of their digital internet budgets back into television. that: the ceo of cbs said last night that people and not trusting digital advertising because they are not sure whether the dollars are paying off. is that true? toebook advertising is going the roof. called: over the last 18 months, advertisers have been trying to dabble in digital advertising and i think some of those margin

charter communications chairman and ceo tom rutledge as he completes a $55 billion purchase of time warner cable. what will that mean for the future of the cable industry? let's hedged trade to the markets desk where julie hyman has the latest on this declining market and we saw the s&p turned negative again for the year. julie: sort of bouncing around a bit today. turning negative for the year once again. it looks like investors are looking ahead to the fed minutes this afternoon. they want more information on the that's next move and in waiting for the ash on the fed's next move -- on the fed's next move. the s&p and our remain in the red today. -- and dow remain in the red today. the best-performing group today as we see an increase in estimates for the fed to raise rates or moving .orward of those estimates financials have been benefiting from that kind of you. technology, relatively strong. drop in consumer staples as well as utility telecom and discretionary. target is part of the story today. another retailer disappointing. earnings-per-share actually beating estimates put sales wea

apple is trying to ramp up its original programming, and time-warner owns hbo, warner bros., and turner microsoft are banding together to build a giant cable under the atlantic ocean. both companies deal with a tremendous amount of data. the cable will relieve their reliance on telecom companies and deliver faster service to customers. the cable will stretch from virginia to spain. >>> and if you're hitting the road this holiday weekend, there's good news and bad. you'll see the lowest memorial day gas prices in more than a decade. prices at the pump are at their highest level of the year, and they are heading higher. the average cost of a gallon of unleaded regular is $2.31. still, that's about 40 cents less per gallon than last year. nearly 34 million holiday travelers are expected to drive to their destination. their weekend. i cannot believe -- their destination this weekend. i cannot believe it is memorial day weekend. >> the unofficial start of summer. i don't think i'm ready yet -- >> i'm ready. i'm ready. >> jill wagner at the new york stock exchange, thanks a lot. >>> sounding

wasn't time warner dead? i mean, i went by a cemetery i always hold my breath there's the time warner tombstone. honestly, i remember when jeff was saying -- great america. forgot. thank you. it was stuck at 60 and he was saying this is ridiculous. it was, it was ridiculous. >> the market is telling you it was. >> the stock up 14% this year. >> i'll take that. >> yeah, i bet you will. >> you look at time warner, look at cbs and say people are going back to watching tv and these cord-never people, good luck. >> and you don't think the political cycle is masking any of this? >> cnn. >> local is pretty good for cbs too. >> who was good? >> local. >> i thought you said merkel. i was going to say urkel. >> whatever happened to urkel? where is that guy? >> i don't know. >> i never watched that show, i have no idea what show it was but i remember -- nothing gets past him. >> when we come back tim cook using one word to describe the government. stick around to hear what he told jim. take another look at the premarket

are you comfortable owning time warner's regional sports networks? something you want to add to as now the ceo of this larger company? weit was not the reason why wanted to do the transaction. we fundamentally believe that superiora infrastructure and that done well, it can be a really great product and really well resonate the sportsers, so channels were not the driver of this transaction, but they are there. they are valuable assets, and we will try to evaluate how that it's into our long-run strategy. strategy we went with in this transaction was just to do the business better, so there are all sorts of upside that come from the scale we are acquiring in the assets we are acquiring, but we are not really ready to say how we are going to implement those opportunities. speaking about doing the business better, what about program costs? how will you approach content ? oviders differently now >> it is interesting as content is changing the way it is distributing it self. the new charter is going to have more than a $9 billion year programming bill, an

. >> warner: the nuclear bomb that destroyed hiroshima on august 6, 1945 changed japan and the worldever. 70,000 people were killed instantly. by year's end, another 70,000 were dead from radiation poisoning. the city was flattened-- apart from a one domed building, now known as the "atomic bomb dome." it stands as a reminder of the first-ever atomic attack on a human population-- and as a symbol of peace. president obama solemnly paid his respects there today. and with japanese prime minister shinzo abe, he laid a wreath at the nearby hiroshima peace memorial. >> we stand here in the middle of this city and force ourselves to imagine the moment the bomb fell. we force ourselves to feel the dread of children confused by what they see. we listen to a silent cry. >> warner: three days after hiroshima, a second atomic bomb killed 70,000 more in nagasaki. the u.s. did it to bring a quicker end to world war two. the president offered no apology today, but renewed his call for abolishing nuclear weapons. >> among those nations like my own that hold nuclear stockpiles, we must have the cour

chief foreign affairs correspondent margaret warner begins our coverage. >> warner: smoldering wreckagepakistani roadside was all that remained of the taliban commander's vehicle, hours after he died in it saturday. today, in vietnam, president obama officially announced a u.s. drone strike killed mullah mohammed akhtar mansour. >> it has been confirmed that he is dead. and he as an individual who as head of the taliban was specifically targeting u.s. personnel and troops inside afghanistan. >> warner: mullah mansour took over the afghan taliban last summer, after the group finally announced that long-time leader, mullah omar, had died in 2013. the new leader faced down rivals, in part by rejecting afghan- and u.s.-backed peace talks. under his direction, taliban forces briefly seized the northern afghan city of kunduz last september, and carried out a bloody assault in kabul itself, in april, killing 64. word of his death was welcomed by afghan chief executive abdullah abdullah: >> ( translated ): he was in charge of all terrorist attacks in afghanistan and he had direct contact with o

again, it is formalized we have and time warner, this approval. if you take a look how the stocks are trading, they are taking a little bit of a leg up, as you can see. not much change from where they were trading before because, as you say, it was expected. vonnie: it is a fascinating decision when we have seen other mergers not go through. we will continue to follow that story as it progresses. ar thanks to benjamin mandel, global strategist at j.p. morgan, for joining us. more next "bloomberg markets on." ♪ some breaking news this friday afternoon. charter-time warner merger has been approved. that was announced. charter and time warner cable merging. california does still have to vote. that does not scupper any kind of deal. stocks are little changed, mostly priced in. all right, a little turning to another deal, a deal might have for sour, fairway planning bankruptcy protection. it went public in 2013 with plans to expand beyond the city of new york. it faced competition and a heavy debt load as shares plunged from $13 to $.25. 500 million of

posted by our time warner and charter partners, we recently visited many sites so it -- showcasing the rich history of the city. learn more about it all weekend. here on american history tv. >> the first experience that mormons had with the southern california area was there was a call for individuals to help with the mexican-american war occurring between 1846 and 1848. the mormon church raise a group of a few hundred men and sent them to southern california. they reached san diego admission up comingy and ended into the area, purchasing items from different ranch owners. one of the owners they purchased was the riverside ranch owner in san bernardino. they first got a glimpse of the area there. what put the individuals apart from those that came here for the war but ended up going back ,o utah, southern california convincing the president of the church, brigham young, to purchase one of the ranches in the area. that is how they came back as a raised a few hundred individuals over 400. it was settled in the area. originally they were going to purchase a different rancho, which file th

aol, time warner and netflix were higher but not by much. it would be so unlike apple to make enormous transformational deal. it is not how they have grown the company in the past despite these rumors. melissa: i know. very true. david: talk about rumors we'll talk about gawker. owner and founder of the gawker website looking to sell the site to pay off $140 million legal judgment hulk hogue expand against the guy who started gawker. i wouldn't give you a calm for gawker but was valued $250 million before the lawsuit. does it still have value? >> that is one of unicorns, david. on paper what a untraded company is valued is different when you try to liquidate it. some of these online web sites, they exist solely on the brand and reputation. i wonder given all bad press gawker had on this or similar stories whether this brand is damaged beyond repair. david: scott, one thing we're finding out, fascinating stuff. peter thiel, who is terrific guy, he was funding hulk hogan's suit against the company. i wonder what you do you think of this idea o

warner can revive these things. most successful franchise of all time. not every bond movie is great and i believe i've seen every one. >> it's funny the f.t. this morning has a piece on whether or not it's time to retire the bond franchise because dinner jackets and martinis in this critic's view are not of this era anymore. >> that makes no sense to me. i don't care what era they're of. dinner jackets and martinis on the beach are never going to change their appeal. >> i want to push back on the idea that a film that grosses $900 million is not a success in batman versus superman and find out why you would say that. i understand that they're tale tails to bigger franchises, i get that, but why that sort of take $900 million is that judged to be a flawed? >> well, first of all they only get half that. figure out the cost of the movie is somewhere $250 million to $300 million, marketing another $75 million to $100 million, not a big profit margin. i don't think it's so much the money didn't roll in. the way it happe

netflix and time warner are rising on that report, and how seriously do we take the pieces, henry? >> well, apple is trying the figure tout content business and they want to offer an al te alternative to television. lots of companies are trying to figure it out, and verizon is going in the same direction and everybody is wanting to figure tot new cable model on all screens, and does time warner make sense for them? i would say absolutely not, in part, because if you are going to be buying time warner not just the content library, but they monetized themselves in the old world by selling to cable and movie, and you have to keep doing that, and you can get a easier deal, and much smarter to fund their own content or by netflix which is much more generous. >> and it is a $16 billion company, and they want to spend several million on original content, and there is a lot of room between a few hundred million and a $60 billion company? >> yes, there is. and we could start a people of fun things that eddie q has thought of buying. when you that much money, and in negotiations with anybody

time warner not so much. it has a giant run. nevertheless, in a market that turns stocks on a dime both quoims these amazing buybacks have shares definitely worth buying into any real weakness. stick with cramer. >>> after the bell, kraft heinz reported a better than expect quarter. a big position but we trigger somie back. why? even i who have been a big bull in the stock did not think they could get that revenue growth. this is the kind of sfok will be in this rotating bull market that i keep telling you about. there's always going to be something working in this market. i like to say there's always a market somewhere and i promise to find it just for you right here on "mad money." i'm jim cramer and i will see you tomorrow. when you find something you love, you can never get enough of it. change the way you experience tv with xfinity x1. >> on this episode of "secret lives of the super rich"... >> thank you for flying gumball mother[bleep] airlines, baby. >> ...the car rally that's truly a week-long rager for the wild and wea

local cable partners, time warner and charter. we spoke with jamal nassar, dean of social and behavioral sciences in san bernardino, talked about his book globalization and terrorism. >> we find it has been around since time immemorial. and would remember, you remember the story of samson where samson was captured, tortured and fed to the lions. and brought down the temple. thousands of innocent people, perhaps one could say, and the word terrorism. comes from the french revolution, the reign of terror. and so on, that that is where the word terrorism came up. and something recent, and then with us for a long time, it doesn't stand, the tools have changed over the years and the act itself, the nature of the act, the reaction of people to oppression, violence has been with us for a long time, when people are oppressed they can rebel and they carry out acts we now call terrorism. terrorism today is not -- terrorism of the past, the two things that are available nowadays are much more destructive. you can get on an airplane and have

coming up, charter ceo tells us what is next now that the time warner deal is in the rearview mirror next. ♪

even time warner cable is growing video subscribers.cable company, the new charter, to grow video. we think we have a great video product. we think that we can grow at the expense of other video services like satellite and telephone companies video. and, yes, there's other disruptive services and technologies out there, but most people who buy netflix also buy our service. so we expect to continue to grow. >> well, tom, we're out of time because of course we always have to sell our advertising, as one cable network that you carry. >> good. >> by the way i'm going to be keeping a close eye because now you are my cable provider as well and probably a lot of the other people i'm sitting here at the desk with. >> well, give us a few weeks to work it out. >> all right. we will do that. a few weeks and then the calls will start. tom rutledge, chairman and ceo of charter, thank you. >>> meantime stocks have turned positive. dow is up about 36 points thanks to j.p. morgan and goldman sachs in the lead. it is also time to get to sue herera with

my question about time warner. >> time warner is up today on a rumor that apple is going to buy it.hat's not true. what does matter, doing a great job. i like the stock. dorothy in new york. >> caller: i'm so happy to talk to you. >> i have a stock that i've been holding a long time. and i think something may be happening. >> yeah. it is up huge this year. character recognition software. it is under $300 million but i know they're doing really well. i would hold on. eva in north carolina. >> caller: i'm a first time stock investor and i'm interested in gwph. >> it is incredibly speck had a i have the. this is a may on the ultimate legalization of pure marijuana as a drug. i like it as a spec. but understand this is not a market that's favorable to speculation. let's to go bill in michigan. >> caller: boo-ya, mr. cramer. last friday it was revealed the board of interoil ioc had accepted an offer from oil search to buy for $2.2 billion. is that a fair price? >> yeah. sell, sell. let's say my eyebrows were raised. >> this is bill in indiana. boo-ya to you. >> same. >> caller: i have a

with help of our time warner and charter communications cable partners, we will explore the history of the city with local authors. but first on december 2 of last year, two people entered a conference room at the infant regional center and opened fire killing 14. we spoke with councilmember john valdivia. >> [background sounds] just behind her at the intersection this was a barricaded entry point where police and sheriff were here. no one could cross the line. this intersection was the natural place for individuals to place their tokens of memory for these tragic victims of the december 2 event. as you can see from behind me, some of the things that people left behind were obviously teddy bears him a picture, mementos, certain objects of affection for these victims. the atmosphere grew quite large your in fact all four corners appeared to have mortars that were just watching, waiting, praying, others were kneeling. they were members of the clergy and our community that were on scene providing consolation and counseling services. and so our city was really expressing a traumatic event

time warner calling out cnn as particularly strong. that will continue through the election. it really benefit are the local television affiliates. that is where. the candidates really spend their money at the local stations companies like time warner doesn't own independent stations with cbs does. the local affiliates are the one that really make the money of these political advertising cycles. >> shares of pfizer rising in the premarket after posting quarterly earnings that beat estimates. that scene sales rose more than expected. this is their first quarterly reports of the drugmaker walked away from its $160 billion megamerger last month. i think what you see these numbers today is strong growth in the business. there are some factors that play into it. there are some selling days in the quarter and some benefits. when you look at the two divisions established product business is pretty stagnant. there are divisions making it look like it's growing but truly the growth is not innovative. i think investors will not seen any other options -- they have several failed m&a's,

in conversation the idea of apple buying time warner. how would this come out? this would be intentional leak from time warner side to drive up share price. i can't imagine apple wanting to own cnn and turner. you could to your point, saying, okay, we want hbo. effectively one for one competitor with netflix. but for apple to get into the direct content ownership business being buying time warner is stretch. my gut it is false rumor. neil: before netflix exploded at best it is costly gamble. >> but apple can pay up, right? neil: what do what do you thinky will do with all the money. >> people that are negative, people negative on the stock the point is they're not innovating enough. where is the television set? how long is the cargoing to go on? when will a car come out? where are they in web services. they don't have all the great cloud services that google or amazon has. they're certainly not deploying cash like they should. there will be more pressure to dividend it out or do stock buybacks. i don't think them buying hbo would be the

charter's $55 billion purchase of time warner cable is a done deal. how will it boost business? we will hear from the ceo. plus, a look at stocks and how they are traded. ♪ teddy: a quick check on how the markets are trading right now. they have been bobbing up and down pretty much before the fed minutes and right after they came out, we saw the markets go lower. we seem to be headed back. investor sentiment scratching her head and determining what exactly the sentiment means. time for the bloomberg business flash, a look at the business stories in the news right now. jpmorgan and bernie madoff, dismissed by a federal judge in new york. the suit claims jpm ignored ratified made off's -- and profits from doing business with a convicted con man. the claim was without merit. raising dividends and buying back more shares. the ceo says the board has approved a 33% boost dividend and the new $2 billion share buyback plan. similar announcements have been made in recent months. withzuckerberg meeting conservatives kirk -- concern about the social network's alleged liberal bias. liberal

shares of netflix surge on a report apple bought -- time warner. investors have a taste for shares of u.s. food. kickstart other kind needs into going public. one hour from the close of trading. let's head to her julie hyman has the latest. scope of those gains and losses are very small. if you look at the s&p 500, you will see what looks like some swings, but you are talking about narrowing of the index here. drop of volume going into the holiday weekend. we are not seeing that much on the big scale. material stocks are down as a group. financials as well. defensive groups are doing better today. that is the push and pull we are sector level. on the individual level, stocks facebook is higher as is apple and costco. companyising after the came out with earnings that beat estimates. antiscience yellen, regarding what they are expecting in that event? uptake -- uptick in bond yields. we heard was seemed to indicate the fed clearly saying the market is not pricing in as many increases as could happen. that is at least taking a pause going to her talk

a top apple executive has broached the idea of buying time warner. the owner of cnn and warner bros. -- netflix may be the better fit but we have shares of apple trading down. the company may be looking to diversify away from the phone business. vonnie: we have natural resources also making news. abigail: we do. we have a rally in the natural resources, starting with energy. wti crude is back slightly below, it had been above $50 a barrel earlier today for the first time in six months. gold is higher for the first day in seven days. copper is also higher, three days in a row. iny'd could be the weakness the dollar index, we do see the dollar index trading down today, perhaps helping the commodities. mark: tying in nicely to that, the resources best-performing group rising by one point 3%, as 1%,ole went down by 1/5 of but it was the biggest two-day increase. it is pausing for breath after the two-day rally. and co-popular espanola, shares are falling by 24%. they say they need to write down more real estate assets and cut about 2.5 billion euros to r

if time warner cable can change, then so can you! mary! so can you, sal. he knows my name! and so can you! and you! and he! and she! and her! and everybody! if time warner cable can change, then so...can...i! [crowd chants] so, can, i! so, can, i! so, can, i! changing for good. it's ten pm, do you know where your children are? right now on fox 5 news at ten. >> donald trump says mike tyson is a tough guy. you know what, i don't think he's a tough guy. >> off comes the gloves and ted cruz criticizes donald trump about his support. mike tyson when he was accused of sexual assault in 1991. in. in an interview, he takes the criticism just a step further. here's all the detail. >> ted cruz is kicking things into the boxing ring trying to top spot in the presidential race. >> when i get endorsed by the tuft once, i like it because you know what, we need toughness. >> the gop the gop front runner donald trump is talking about boxing legend mike tyson. >> mike said i love trump, i adore trump and that's the end. >> these treatments were made on the campaign trail in indiana. mike t

warner: mr. president? the presiding officer: the senator from virginia. mr. warner: mr. president, i stand here with my colleague and friends, senator manchin from west virginia, senator casey from pennsylvania, senator brown from ohio and shortly after me senator wyden from oregon and kind of echo what has already been said. senator brown said it probably best when he wears that canary. this is a -- if we don't act now, if we don't hear that call and respond to it, then the basic promise and premise that so much of what our country is founded on, we're really -- would really be questioned. i join these colleagues in standing up and urging the u.n.c. to -- the united states senate to pass the miners' protection act. we have mines just as in west virginia and ohio and pennsylvania, in southwestern virginia. quite honestly, i think as my colleagues, no one fully understands what it's like to mine coal until you have been underground, until you see the enormously challenging conditions that men and women -- mostly men -- worked under for decades to power our nation. senator

that is what they are thinking about with time warner. monthly service fees. -- have to think about people are going to buy these devices and hold on to them longer and longer and longer, which means that will impact the hardware business. orther you are at lenovo apple, it is the same challenge. apple can do these services. they already have cloud-based storage services, apple music. the is the next obvious piece. it would make perfect sense for them to take that cash and start to do it. rishaad: time-warner is one thing, but netflix -- >> netflix is of is he the one a lot of people think about. they have that service model and content deals in place, and i think apple needs to do something big. thes all finding good, investment in china was an interesting thing for them to do, but if they're going to change things around, they are the only company in the world with that massive cash toward to do something radical, and buying netflix would be the radical move that propels them in an interesting way. rishaad: i think interesting is the op

topping the list, as well as time warner. i am reporting similar things. coming out with first-quarter earnings beating analyst estimates, in part because of the super bowl and grammys. sales rising by 10% and ad sales of broadcast networks at 49% with affiliates up 2%. you back out the super bowl, they still sought sales, soin the ad those shares gaining. time warner also trying to rely on sports, at least in part to boost numbers. first-quarter earnings far above analyst estimates. the company also getting more affiliates, much like cbs and a 5% increase in advertising and revenue as well with a rise high distributors like at&t and comcast with those shares up in the same neighborhood around the percent. related to media also, we have live nation out with numbers today. let's start with msg networks, owner from the spin off of madison square garden with arias tv networks, revenue their beating estimates and earnings rising by 16%. ad revenue were helping the we will end with live nation quickly and that company coming out ahead of estimates. media stocks

we're here at 30 rock, actually, with the chairman and ceo of time warner.in. >> it's a friendly -- we're colleagues. >> we're colleagues. and for everybody right now, it's the up front season. you came from some visits there. and a lot of executives seem to be indicating they think it's going to be a very strong year. a lot of media executives i should have said. >> yeah. i think that advertisers know that it's a deal to get the reach of television. so i think that's true across the industry. for our company at turner, i was blown away by the you front. we have terrific new original shows at tbs, tntf you just go over to the news business, you note only have all the world events and the election events at cnn, tremendous interest and great coverage there. but we've got a whole stable of breakthrough original programs like anthony boredane and five or six others ones that just taking off. >> and do you think you'll sell more in the up front this is year than you did last year? >> we do. we think that there will be more demand because you probably want to get

trish: interesting note on her needing a man. >> i like warner too. i do like mark warner too.hink mark warner would be good. >> thank you. trish: coming up it's cinco de mayo, but before you head out that for that margarita, they want to make sure that you celebrate quote appropriately. what does that mean? well, they have a whole no. no. list for you. you can't even eat at chipotle? the political correctness that has gone totally insane. i'll see you back here right after ts equals great rates. it's a fact. kind of like grandkids equals free tech support. oh, look at you, so great to see you! none of this works. come on in. so what else is new? humm..she's doing good. she needs more care though. she wants to stay in her house. i don't know even where to start with that. first, let's take a look at your financial plan and see what we can do. ok, so we've got... we'll listen. we'll talk. we'll plan. baird. . trish: okay. everyone, let's check out these markets for you. you can see we just took a dip into negative territory. down about 15 points after having spent most of the se

anna warner, cbs news, taunton, massachusetts. >>> first-hand look now at the dangerous conditions as firefighters in canada risk their lives trying to save homes from that massive wild fire. this surveillance video is from a front porch as the fire in fort mcmurray continues to spread it way across albert a the homeowner actually watched this play out live from safe location. firefighters were able to save the home. >> meanwhile, fire fight remembers making progress overall in getting a handle on the wild fire. authorities say most of the city is out of the danger zone but the fire still rages in areas to the south. evacuated residents will only be allowed back home once workers have checked power and water supplies. officials hope that will happen within the next two weeks. >> and, the american red cross is sending volunteers to assist the wild fire relief efforts in canada. >> includes nearly half dozen volunteers from philly. members departed this morning from philadelphia international airport, and will have boots on the ground for the next ten days. >> when we had situations lik

but the merger with time warner which did not work out the way i was hoping. it comes down to people and trusting relationships. a big part of the challenge in washington this, people are in their camps and not really talking to each other and not really trust each other. bring together coalitions to get things done. the nonpartisan centrist which people on both sides. >> you stand for nothing. >> compromise has become a bad word. it is part of democracy. figure out a way to come together and get things done. stayed out of politics focusing more on the policy side and being deliberately nonpartisan. >> hopefully both sides will say, he does have an interest in these issues and does care about the countries. innovative entrepreneurship and does not have a political agenda. that creates an environment where people will listen. i learned that the hard way. things that i thought were obvious ideas just were not happening, and it was not about the idea but the execution of it. vision without execution is a hallucination. here is a white paper, some proposal. terrif

another proposal that is different is a proposal from senator warner and chairman mccall to propose a16 member digital security commission to assess the broad issue of digital security, not just the encryption that would be part of it but the broad issue of digital security. and. and then make recommendations to congress, hopefully in a relatively urgent time horizon. this is modeled after the 911 commission and would include technology experts and privacy experts, and folks from the business sector who understand that we make changes how we might affect both u.s. companies in technology and would chase people to other technologies. obviously national security leaders. leaders. the idea would be that the commission that could grapple with this and make recommendation. i know there is a reaction to come home and another commission, just what we need. i actually think it would be a good idea to do that commission that could then board material to congress. i'm going to tell you i like that. i prefer to do that rather than jump right into feinstein and bird. went to give your reason that

with the help of local cable partners, time warner and charter. while in san bernardino we spoke with a council member about his desire to construct a memorial in or of the victims of the december 2, 2015 terror shootings in the city. >> as chief economist at a major international consulting firm, perkins. the u.s. treasury department, fortune 500 corporations and leaders of countries. his groundbreaks expo say of the confessionses of an economic

and i see the chairman is the leader with senator warner. so obviously that is called digital security savate will continue to be at the forefront for us as well outside of the normal oversight duties. >> pass of president's budget request. [laughter] >> i would say in terms of what congress should do they should continue to look at the whole approach of the role of vhs and states in lowe's getaway to build the addition isn't just bed center because settled think that will work the anything they should do is look at how they support a state and locals with the dollar's pushed out through those esoteric means. >> making a proposal for authorizing legislation for congress in terms of her own organizational structure and from a managerial perspective that creates enormous uncertainty so we need closure there. also the budget is make or break the department of defense has guidance from my civilian perspective pretty steady in good funding what they're trying to do with cybercommand relatively speaking not a lot of funding into government cyberse

superman" grossed $863 million worldwide, making it quite profitable for warner brothers. but poor reviews raised questions about warner's ability to make its dc cometic characters as massive as marvel's avengers, with a lot riding on the you'll coming "suicide squad" launching in august. disney studio has been on a run with a string of blockbusters from "the force awakens" to "zootopia" and "jungle book." after "captain america" it has the "finding dory" sequel and the "star wars" spinoff in december. disney studios on track for another record year. for "nightly business report," i'm julia boorstin in los angeles. >>> finally the big screen september just for watching movies, it is part of the competitive boutique fitness industry. imax, the company known for its big screen theaters, is muscling its way into indoor cycling classes, what it calls imax shift. it's already got big money and marketing behind it. diana olick was there. >> reporter: the warm-up is under water. the heat comes when the tunnels turn techno. it's everything you'd expect from imax movies, only in th

, you are buying time warner, and not shorting netflix. >> they do tend to do well when the originals comes out, and we have "orange is the new black" coming out in mid-june, and there is a halo effect even though we don't get viewership or the data or the ratings? >> yes, you get the buzz, so netflix is something that somebody in the household wants. and there a feeling of abundanc abundance, and what they are selling is something to watch any time, any place, and not selling a series necessarily, and as long as you have that news around the originals, the message is going to be reinforced. >> rbc put out a survey of the time spent watching various platforms, and netflix and youtube are fighting for number one, but amazon outpacing hulu in terms of the growth. >> well, it is amazing, and what is crazy about that is that netflix might be as a stock, the beneficiary of that dynamic only because amazon, the stock, it is a clumsy way to play amazon's streaming business, because it is too big and massive, and they don't charge specifically for it not much yet, so i do think that it reinf

. >> reporter: debbie warner of palmer township is talking about the prospect of losing her home. this past january the day after that massive snowstorm a huge sinkhole opened up here on brentwood avenue after a water main break. this photo shows a front end loader brought in to help repair the damage was devoured by the giant hole. four months have passed and repair work to the warner family home is not done yet. >> my husband said open the back door to the garage. we could not open the door at all. the house shifted. the garage door cracked and shifted and moved away from my foundation. >> reporter: it was even tougher for members of the shook family who live next door. their home was one of two condemned by the township, the same day the sinkhole opened. christina shook who asked we not show her face says it was that much more difficult for her and her husband because they have four children, three with special needs. >> after the first hole opened two more opened immediately in the same day two more holes. then we went from one to three. and the roads were blocked off as you k

. >> our charter and time warner cable partners worked with tour staff when we travel to san bernardino california to explore history. opened inmcdonald's 1940. a mcdonald's medium was created at the original location. here on american history tv. >> we are inside san bernardino, we represent the railroad history and the local history of san bernardino valley. was completed in 1918 that replaced a wooden structure that was 100 yards east of here that burned in 1960. they decide to do the division headquarters at this location at that time. there were a number of businesses that supported the railroad. the lower part shows the trap. the upper part shows the shop facilities. are the largest facilities west of topeka. anything they needed to maintain the railroad down here. some of the items down here, some of the tools and measurement devices they use in the machine shops. in the next case, the products produced at the shop here. back then there was no airline. the only way to travel transcontinental was the railroad. there were 26 passengers per day that came through san bernardino. pass

. >> hoy stephanie nos hace un recorrido por los estudios de warner bros. >> como si estuviÉramos enados que ya estÁn al alcance de todos los fans. los looks tambiÉn estÁn exhibidos para el pÚblico. >> todos los villanos tienen un chip donde si no hacen la misiÓn explota su cabeza. >> este es el traje que ben affleck utilizÓ en la cinta. esta experiencia es completamente interactiva. aquÍ es donde estÁn todos los autos que han utilizado en las pelÍculas de batman. >> todos estÁn cordialmente invitados, el prÓximo viernes serÁ la inauguraciÓn de la copa amÉrica centenario, faltan 7 dÍas. gracias por acompaÑarnos, a continuaciÓn llegar el noticiero nacional. ♪ ♪ por fin es viernes. donald trump da marcha atrÁs. dice que no va a debatir con sanders. advierte que buscarÁ ganar california. algo que no novaciÓn republicano desde 1988. autoridades de nuevo mÉxico dicen que hay pandilleros en los que se manifestaron en contra del magnate. pago con cÁrcel por un crimen que no cometiÓ. hoy en libertad habla con univisiÓn. comenzamos. ♪ ♪ ♪ ♪

i talk with senator mark warner about just that.low us on mission metro as we take this project long-term at wusa 9. stick around with us, find us on social, wusa 9 on metro. we'll hit the rails until midnight. >> thank you a lot for that. looking forward t. >>> two maryland teenagers facing charges tonight connect today a series of gas station robberies. 18-year-old demetrius bernie and a 15-year-old led three gas stations. a tip led them to bernie as a suspect. a search of the teen's home turned up evidence. >>> virginia drivers will have more time to renew their driver's licenses because of a computer glitch. some license will not expire because of the power disruption provided by the commonwealth data center last weekend. drivers who were turned away have until next saturday to renew their driver's license. >>> a new report out this morning by the insurance institute for highway safety. muscle cars may be fast and they may be fun but they don't offer much crash protection. the safety report l looked at 2016 models and they come