and james murdoch was no longer playing an executive role at sky.as chairman of sky and chief executive of 21st century fox. this bid shows the murdochs have learnt nothing and think they can get away with anything. if it was wrong for the murdochs to own 100% of sky in 2011 and 2012, it is wrong today. i do not for one second underestimate the huge public and parliamentary interest in this proposed merger. as well as the importance of this issue to the parties concerned. but the important thing is that i must ensure, given my quasi—judicial role, that i protect the integrity of the process and ensure that as and when, if the formal notification is given, that that is properly considered. i will be making no further comments on the merit of the bid at this stage. while there may well be a case for asking the regulator to look at this bid, will she also recognise that this represents a £12 billion investment into a british company and is a vote of confidence that britain will remain a centre of international broadcasting after britain leaves the euro

and james murdoch was no longer playing an executive role at sky.ack as chairman of sky and chief executive of 21st century fox. this bid shows the murdochs have learnt nothing and think they can get away with anything. if it was wrong for the murdochs to own 100% of sky in 2011 and 2012, it is wrong today. i do not for one second underestimate the huge public and parliamentary interest in this proposed merger. as well as the importance of this issue to the parties concerned. but the important thing is that i must ensure, given my quasi—judicial role, that i protect the integrity of the process and ensure that as and when, if the formal notification is given, that that is properly considered. i will be making no further comments on the merit of the bid at this stage. while there may well be a case for asking the regulator to look at this bid, will she also recognise that this represents a £12 billion investment into a british company and is a vote of confidence that britain will remain a centre of international broadcasting after britain leaves the

murdoch tried to buy murdoch in 2010.o ofrevelations his newspapers hacking into mobile phones and celebrities, that deal did fall by the webs -- fall by the wayside. i remember many said it would only be a matter of time before murdoch got his whole hands. toks like they are going finish the day 27% higher. the big $85.4 billion takeover of time warner. big -- goingg to to be big regular tory scrutiny over both deals. that is the big breaking m&a story. we can't shy away from this news today. all sorts of developments. look how many times these shares have been halted. rejecting monte dei monte deirejecting paschi's request. italy is close to monte paschi rescue. italy on track for its best weekly gain. despite the decline in monte paschi's snare shares. this is a spread between the two year and 30 year. since novembert 2015. using the potential for further accommodation. taking less duration. the ecb saying it can thought ecb saying it-- can buy below the positive rates. course that has steep and the bond curve across e

d >> murdoch you said. >> yes, murdoch is a little bit the opposite ofis judge. jue he is a little bit more b m active. >> y-he is. >> he's about two years oldut to and he's a shepherd mix. these are foster siblings and sb they live in a home with kidsds that i think are seven andre sen nine. >> okay. o >> they're used to beingd t around children. yes, he would definitely needy e to go to a home with an activeiv family that would take him onldm lots of w dog park. >> if somebody is watchingsome right now and they're they' interested in becoming aom forever home for one of thesef guys how do they go about doing that. tha >> all they have to do isll the visit our -- [laughter] [l >> likes you. >> can you guys see murdoch right now, totally like on his back like you h gey t, ruotb mee >> [laughter] [laughter] >> all right, i'm sorry i s didn't mean to interrupt. >> no problem.>> >> how do you go about doingu ga that. >> just visit our web site att someone will be in touch withchw you to get you through our preapproval process. proce >> murdoch i hope somebody --omd

rupert murdoch expanding his tv empire.tury fox will bite and it will create the consumer powerhouse. vonnie: dubai plans to suspend $36 billion to build the world's largest airport. to rely on debt funding to finance the project. mark: in today's bloomberg could tech automakers and companies investing billions of company into developing vehicles . the day of the driverless car is getting much closer. rupert murdoch has expanded his tv empire. 21st century fox will acquire europe's dominant pay-tv company sky. the price -- 14.6 billion u.s. dollars. fox calls a 39% stake in sky. fox ceo james murdoch spoke on a conference call. james: combining our fast-growing consumer platforms, including our streaming apps like fx nine hop star, are interested hulu and sky, with europe's leading over the top radioe and digital experience, creates a consumer powerhouse reaching approximately 100 million consumer households directly on these platforms. sincefor the first time the desoto emissions scandal, volkswagen market share in europe

because it has a lot to do with rupert murdoch expanding his horizon.eporter: the deal would allow fox to buy the part of s tv, the u.k. pay for tv channel that it doesn't already own and many would say that murdoch has been long wanting to have full control of sky, and it was always a question of when, not if. that overhe the time the weekend, 21st century fox and sky executives work to nail down the deal, preliminary version of it was announced friday. 85-year-old media baron and his son, who is heavily involved in fox in the u.s., said to be very closely involved in negotiations over the weekend and the key issue apparently in these final details that are being nailed down is whether to make an outright bid for sky, or what is called a scheme of arrangement. that is a different kind of structure deal that does involve the u.k. courts but also might make it easier to win over the smaller shareholders who may not want to sell. according to reports on the u.k., there are many that may be resistant to the move. again, that's the key issue here, if you lo

coming up, rupert murdoch gets $14 billion from the television empire he has always longed for. we will analyze the proposed merger. the road ahead for tech in the u.s. with donald trump in the drivers seat. commerce secretary penny pritzker joins us for an exclusive. a real-life robot going to war in a virtual space. we will introduce you to the augmented reality battlefield. first, our lead. 21st century fox has reached a preliminary deal to buy sky for $14.1 billion. shares closed down more than 2%. sky shares closed up 26%. you will remember rupert murdoch owns 29% of sky and has been trying to increase his stake for years. joining us for more on this deal is alex sherman. thank you for joining us. i remember six years ago when this deal first emerged because there was concerns about the phone hacking scandal that embroiled rupert murdoch then. why is sky such a tasty asset? alex: it is a little different today than six years ago and did not when the world of the news scandal hit. sky is consolidated but other assets in other countries like italy and germany. sky is both a c

rupert murdoch is trying to increase his stock in sky for years. on the initial news. joining us is alex sherman. let's talk about the history here. alex: this may go back and people way limit -- may remember it goes back five or six years when the news of a world phone hacking scandal happened. at the time the company was called news corp., both fox and the print division as one company. at that point, they had just started to acquire a company that is the u.k. equivalent of today's sky. the politics around the merger were not good and rupert murdoch stepped back. from what we have been able to gather from reporting today, what led to this deal was a couple of other sort of larger macro events, brexit which --hed down the stock priced stock price on sky recently, they are not only the ukip's come our version of directv plus ,ontent and sports ownership but also there are units in italy and germany that have been combined this -- with this new newony, plus trump -- this company, plus trump's election. the markets have gone up and fox felt like ther

murdoch hasr rupert been intimately involved in the discussion. pulmonary and burnett on sriday is backed by sky' independent directors, it is under discussion. they declined to comment. bill gates and more than one dozen of the world's most wealthy individuals have revealed a $1 billion investment fund. .nergy benches intooal is to pump money risky long-term energy technology that could dramatically reduce greenhouse gas emissions. president-elect donald trump has been warned by one of the richest this has been that u.s. jobs are at risk if he tries to curb chinese investment. over $10 billion in the u.s., employing 20,000 people. if something goes wrong these people might be out of a job. the largest north american theater owner. that is your bloomberg business flash. they're are back, bidding for sky. what does it mean? will the deal go through this time? thank you for joining us. what has changed? fox is back. politicians lost their jobs, it was a huge spectacle. what has changed materially that's what allow this deal to go through now? guest:

rupert murdoch does it. i said he does not. i get up from the chair i went to my desk and picked myself on with the speed dial and got him. i said there are two guys here from twitter they tell me you have a twitter account. he said i'd do steve. [laughter] you do? and i have $247,000 -- to order 47,000 followers. i was speechless. why did you do that? is set every once in awhile i will tweet something out to. it was a check may. see you later. and it shows i don't know what i am talking about. [laughter] john: thank you steve wynn another man who worked his way to use the top to make his company extra successful responsible for though weird sexual advertisements. >> what is more american the and a cheeseburger? this one coated with a hot dog and potato chips in the hands of an all american model in a hot tub in a pickup truck driven by the american bull rider on the aircraft carrier under the liberty as she admires the most americans take burger new act carl's, jr. >> he took over the company that was in debt just four years l

you will remember rupert murdoch owns 29% of sky and has been trying to increase his stake for years.ning us for more on this deal is alex sherman. thank you for joining us. i remember six years ago when this deal first emerged because there was concerns about the phone hacking scandal that embroiled rupert murdoch been. why is sky such a tasty asset? alex: it is a little different today than six years ago and did not when the world of the news scandal hit. but other is consolidated assets in other countries like italy and germany. sky is both a content distributor and also a content creator. fox is now deciding to buy the other 61%. it does not already own. in a similar transaction to at&t buying time warner. it puts together more content and distribution. the only difference is fox already owned a minority stake and it is an international transaction. it increased the heft of fox. viacom and cbs are now having discussions. it seems to be a trend if you are a media company that you need more scale and want to get bigger. caroline: content is clearly king. it looks pretty tasty at wha

>> it was rupert murdoch's vision, and it's rupert murdoch who is rung the place now and it's fantastic place now, the ladies who are running the place now, i have known them for 20 years or longer and it's great. >> stephen: you have to miss roger ailes on some level, right? >> correct. >> stephen: on what level? >> everything is not what you think it is. >> stephen: we found that out. >> he was a great mentor to me and he was really good to my family but there were other things happening and we're getting past it. i think our challenge now is to be the most open and sort of comfortable place in the country to work. i feel like we have to be leaders in that-- in that pat of life. >> stephen: i can understand the challenge. >> and i want to help lead that. >> stephen: you've been there since the beginning, right? you've been there since-- >> a year observer the light came on. >> stephen: what did you do before the light came on? >> i worked for the affiliates and tidied up a bit. >> stephen: i didn't know if they were installing the lights. you seem like a can-do guy who is willing to p

james murdoch says the merger creates a consumer powerhouse. to industry, our guest joins us from london to what was the surprise in this deal? >> there really was not a surprise. it is a transaction the marketplace has been expecting for some time. fox made a move on sky about five years ago, but that was derailed with the hacking issues here in london. it was a question of time when they came back with another deal. it was a question of how much they were going to have to pay to get this. we think it is a reasonable price, about 11.7 times 2017 ibo sky. -- ebitda for it would not be a surprise to see other folks have some interest in this asset. emma: as you say, i consolidating environment. -- david poppa as you say, consolidating environment. in at&t, we saw distribution buying content. what is going on here? >> the initial deal, comcast buying nbc universal, making a bet on marrying distribution and content, and most recently with at&t and time warner here, i think a lot of the media companies are suggesting that they have to own content a

it does not already own, showing how murdoch is growing its presence in uk media, already owning thees newspapers, "the sun," among others. lastly, the yoeuropean leaders e gathering in brussels where defense and military ties is expected to be top of agenda. russia's assertiveness and increased presence at the border of many baltic companies will also likely be discussed and the role of nato in playing a role in supporting some of its eu allies. top of mind but perhaps not openly being discussed according to some of the analysts i speak to, will the president-elect donald trump support russia if it tries to invade some of the nations on the eastern front of europe on the prospect of a renewed relationship between the united states and russia, a topic or something we will continue to watch in 2017. brian? >> all right. seema, thank you very much. as we have noted, we are again getting close to that dow 20,000 mark. joining us now, peter costa, empire executions. yesterday i think it was 35, 36 points we got within, hawkish fed sort of brought us back down. now we're back um. why are

rupert murdoch wants to buy the remaining 61% of british broadcaster sky that it doesn't own yet. the deal means his company would have unfettered access to 20 million customers in the u.k., on top of sister firms in italy and germany. the fox board approved the plan today, but some have raised concerns, saying the deal is anti-competitive. annexed the payment for greek low income pensioners -- an extra payment for greek low income pensioners over the holidays. it is raising concerns with the eurozone officials. they argue that charity is not part of the 86 billion-euro bailout program that the highly indebted greece has signed with its creditors. but greek prime minister alexis address is -- alexis tsipras is under pressure in his home country. reporter: it is a christmas present for greece could 1.6 million pensioners will get a bonus. prime minister alexis tsipras and his cabinet want to pay every pensioner without clearing it with the country's creditors. >> the extra amount that comes above the agreed surpluses is an amount that can be used from the greek government to specia

[applause] and that is when i picked up the phone and i called lock when murdoch and i told him to get his general counsel on the phone. and then i told them about what had happened to me 10 years earlier. and i told them the good and bad about our relationship with him. i didn't want them to think he was some monster. i just wanted them to know this is real and you need to take ans honest look into his behavior. that's all he wanted, an honest review. if there is nothing there, they would exonerate him. if he went down, he would have only himself to blame and i believe that is where things wound up. >> you know, this awful stuff about harassment during the course of the campaign in the conversation that has been long overdue because like you i think 90% of women have gone through something similar at some point in their lives and the tendency has always been questions like you have. why did you come forward? why didn't you come forward asht if the woman herself is a problem. blaming the victim has to stop. >> in the discussion about how we look. >> is it that remotely -- >> when he wa

the media giant 21st century fox, controlled by rupert murdoch, has struck a deal to buy european satellite-tv company sky. sky has 22 million customers across the u.k., germany, italy, and austria. the deal creates a media empire across 2 continents better able to take on rivals such as netflix in the battle for viewers. britain is to become the first country in the world to allow the creation of babies using three people's dna. the technique uses genetic material from a third person to prevent some inherited diseases. britain's fertility watchdog has agreed to the procedure, but every clinic and patient must be approved before it can take place. medical correspondent for does wash it -- fergus walsh explains. fergus: imagine a baby being born from dna from a man and 2 women. hannah is a carrier for mitochondrial disease, and often devastating genetic disorder. she now has the chance of a healthy child. paula is an egg donor, and many more women like her are needed. >> my mother is affected by mitochondrial disease. and she suffers from epilepsy, diabetes. as a carrier myself, i could pass th

rupert murdoch and his son are involved in discussions to buy 61% of sky it does not already own.>> donald trump is being warned that jobs are at risk if he tries to curb chinese investments. chairman wang jianlin said the following. wang jianlin is set to become the world's largest theater owner once the deal is done. lookingmerchant marine like this after announcing he will join the world's biggest shipping alliance on a limited basis as it tries to expand operations after being taken over by its creditor. sharempany says it will vessel space with members of the two-m group. the arrangement needs u.s. regulatory approval, but hyundai merchant said it would improve its competitiveness. reserve heads into its final meeting with little doubt of what it will do. >> have we ever been so certain going into a meeting of the fed? expected,e is fully as policymakers are signaling. let's get over to kathleen hays in new york for more. plots will be big on wednesday as the fed wraps up its two-day meeting, a 25 basis hike isterest what markets are pricing in. what they want to see is the l

kris is what one of our friends described as rupert murdoch of civil war publishing, he's now becominghris teaches at st. bonaventure university as well as -- he was a former historian at fredericks berg and spotsylvania. he's going to talk about the mule shoe and it's my pleasure to bring you dr. chris makowsky. >> the first symposium i spoke at here. jennifer is where matt is. >> i'm delighted to be able to share with you the story of spotsylvania particularly at the mule shoe, you know what a beautiful landscape it is. easily one of the best preserved civil war landscapes we have available to us. it's pristine. there are a few monuments out there, you're seeing what the soldier saw in 1864 when they first arrived. the tree lines are pretty accurate, the fields are pretty accurate, over the course of two years, they transformed that landscape so dramatically that the traces of it are still there today. if you want to -- after our program this afternoon, i'd be happy to take you out and show you some of those traces here at stevenson ridge. i hope over the course of my talk, i'll be a

[applause] and that is what i picked up the phone and say called rupert murdoch in said get general counsel on the phone that i told him what happened to me 10 years earlier the good and thatt bad provided not want them to think he was a monster but this is real. you need to take on this look at his behavior. just an honest reid you. there was nothing there that would exonerate him if he went down it was only himself to blame. i believe that is where things wound up. >> with all of the awful stuff of the harassment during the campaign. . . [laughter] >> even if you looked exactly as gorgeous as you do this evening -- >> to the haters that would look at us with our false eyelashes and cute dresses and say you asked for it -- [applause] >> this is one of the few uplifting parts of long exhausting campaigns is after the stories came out in these access hollywood stories she wh. said please write if you have had instances of sexual harassment in the course of your life. tens of thousands of women wrote to her and that is a conversation that needed to be d had. >> my story got a lot of attention

. >> billionaire rupert murdoch might finally get what he wanted this year, complete control of sky. agreed toox take over the company for $24.6 billion, what is going on? >> going forward, i think fox would need to get 75% of shareholders to approve the deal. they are open to bumping if they have to. fox would prefer to get the deal done at the 10.75 pounds, but they are open to bumping and they might need to. nothing major, several dollars a pound or so. you might see a 2%, 3%, 5% bump. there are advanced talks to buy a swiss drugmaker in the week. off this chart i got for you here. all it shows is how a number of bought a tally on four years. obviously this is a petite -- appealing target. doesn't look like it might be successful finally? negotiations are very advanced, i think they are excited to get things done. whether or not they reach an agreement, anything is possible. sales unit management is very demanding. at the 11th hour, let's see what happens with this. ♪ ♪ >> you are watching "bloomberg best." and climate change task force set in motion by d 20 liters made recommenda

was for a long time the boss sam wilson at the new york tribune and he whispered at the the rupert murdoch/ted turner, whatever, at this time. probably the most famous man in america other than abraham lincoln. but he also is running an enterprise at newspapers that were losing money. they relay not a lot of money. early in the war, albeit from the book, he really raised a ruckus over creative writing an expense account of a colleague named charlie paige, another one of these carrots yours. when greeley ault were some unusual at and an indignant page for relate that he got the news he paid for. quote, he says, early news is expensive news, mr. greeley. if i have watermelons and whiskey ready when officers come along, i get the news that asking questions. [laughter] that to me -- i'm going to use the watermelons and whiskey line the next time i follow up a disputed expense report. the third passage, this is what editors fall over. this is my way of saying the world couldn't exist and still can't exist without editors. i don't care what's going on in our business, we need them. this is about

in the story i talked to murdoch, and he said jared will be in the white house. >> he had an impact on political campaigns and how they have been run. talk to us about how you see him revolutionizing campaigns, and he's definitely left a lasting impact on campaigns going forward? >> he ran it like a technology startup. it's a scrappy insurgency going against a well-funded machine, and there was no expertise or old way of doing things, and donald trump was such a radical new candidate, nobody has seen anything like this before and his campaign was built for that, and they moved fast and broke things and if something didn't work they will kill it fast and if something worked they will scale it, and there was no ego involved, and they went after the electoral votes and each electoral vote is worth the same amount of money but they realized they cost different things in different places, and he went after the cheap ones. >> let me ask you about the relationship between jared kushner and chris christie. he said governor and christie and i decided this election was bigger than any difference

billionaire rupert murdoch may finally get what he has wanted for years, complete control of sky. 21stry fox has agreed to take over the european broadcaster for $14.6 billion. what is going on? >> i don't think anybody would expect it at this time. going forward, fox would need to get 75% of the rest of the shareholders to approve the deal , and we reported a couple of days ago that they are open to bumping if they have to. fox would prefer to get the deal done at the offer they made, but they are open to bumping, and they might need to. not several dollars or pounds, i just think you will see a 2%, 3%, 4% bump if necessary. nofi in talks to buy a swiss drugmaker. they say a deal could be announced as early as next week. this news after j&j walked away from talks. i have a chart here that shows how a number of drugmakers have elion for years. does it look like this potential deal has the material to perhaps be successful finally? >> it sounds like the negotiations are very advanced. excited to get this deal done. agreement,y reach an anything is still possible. the management is deman

. >> billionaire rupert murdoch may finally get what he has wanted for years, complete control of sky21st century fox has agreed to take over the european broadcaster for $14.6 billion. no premium to the preliminary offer. what is going on? >> i don't think anybody would expect it at this time. going forward, fox would need to get 75% of the rest of the shareholders to approve the deal. we reported a couple of days ago that they are open to bumping if they have to. i'm sure fox would prefer to get the deal done at the offer they made, but they are open to bumping, and they might need to. not anything major, not several dollars or pounds, i just think you will see a 2%, 3%, 4% bump if necessary. >> sanofi in talks to buy a swiss drugmaker. that is according to people familiar with the matter. they say a deal could be announced as early as next week. we are hearing this news after j&j walked away from talks. i want to kick off with a chart that is here, very simple. it shows how a number of drugmakers have eyed actelion for years. obviously, this is an appealing target. does it look lik

clinton suggested quote angry white men helped elect trump in november but fox news contributor roy murdoch is shooting down those claims. he's here next with doug schoen. >>> and later -- >> we will build a great wall and we'll stop illegal immigration for once and for call. . >> president-elect trump vowing to build a wall, this as the "the new york times" discovered that some department of homeland security employees and contract workers accepted millions of dollars in bribes to allow drugs and illegal immigrants to cross into the country. dr. sebastian gorka will be back with reaction. that and much more as "hannity" continues. >>> we will heal our divisions and unify our very very divided country. when americans are unified, there is nothing we cannot do. my message today is for all americans from all parties, all beliefs, all races, all walks of life, whether you're african-american, hispanic american, asian american, we're all american and we're all united by one shared destiny. >> and that was president-elect donald trump on his thank you tour promising to unite the country and serv

>> i intend to live that long but i don't believe the 20 years. >> the reaction to murdoch's idea forn't think of ourselves as cbs, abc or nbc. we don't have to reach everyone. we have an inferior line of stations to our counter parts. it means we have to work harder to get our message across and get our shows sampled. >> they had an idea, in order to succeed, we have to differentiate ourselves and do things they would not do. >> fox started throwing anything against the wall not knowing what was going to. go first shows were things like "21 jump street." joan rivers in terms of late night. >> we have been banned in boston, which i think is wonderful. wxne. pick a finger, wxne. >> and the tracy allman show. >> it was a sketch show. and they needed something to go between the sketches. again, they were looking for something different. >> i've got to have those candy bars. >> you better not think of stealing those candy bars. >> that's it. >> the simpsons would never have come along had it not been for the tracy uhlman show. >> ultimately, crime hurts the criminal. >> that is not true,

host: rupert murdoch was not the only big name investor.th holmes was able to secure some enormous contributions from enormously popular and influential people at a very young age. john: yes. there are two categories of investors, those that came in early. she had just dropped out of stanford. tim draper, the capitalist, who had a daughter that was a childhood friend of elizabeth. and larry ellison came in in the first three years. groomeds who had ellison. all of those people were there at the beginning. and they knew what they were getting into and that this was essentially a kid with a great idea. and they knew that the company succeed or fail. and another category of investors came in from 2000-2000 -- 2014-2015. and when you look at how much money was raised, that is when most of the money was raised. $630 million -- host: just before -- john: the last chunk of it was raised two months after i started looking into the company. host: how is it that somebody at that age, she founded it at the raised plenty of money into her mid-20's. mor

. >>> rupert murdoch's 21st century fox is taking over the rest of sky, the 61% of sky in the uk thatt doesn't already own. more on that deal coming up. just a few minutes from the open. ten minutes to go. the futures board is looking positive. yesterday lost about 0.6% on the dow. closer to a percent for the s&p. today called higher by 55 points. more "squawk on the street" straight ahead. miles per hour.traveling over0 to win, every millisecond matters. both on the track and thousands of miles away. with the help of at&t, red bull racing can share critical information about every inch of the car from virtually anywhere. brakes are getting warm. confirmed, daniel you need to cool your brakes. understood, brake bias back 2 clicks. giving them the agility to have speed & precision. because no one knows & like at&t. we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to per

this week we are bringing you an exclusive tour of media titan rupert murdoch's exquisite, one-of-a-kind west village townhouse, and an impeccable and historic townhouse but first, a spectacular work of art high above the sunset strip. melanie mar: welcome to 1489 stebbins terrace, located in this coveted enclave of sunset plaza, los angeles. let's take a look inside. welcome to open house. today i'm coming to you from a beautifully renovated five story townhouse on a tree-lined block on the upper west side in manhattan. this home magnificently combines restored original detail with modern technology.

rupert murdoch stocks offered 75 cents in shares on friday to buy some of the company that it does not own. now you're looking at a gain of 7.5%. >>> phillips is selling an 80% stake in the lumileds unit for $1.5 billion. they are paying cash for the lumileds business. they attempted to offload the business to asian investors for over $3 billion at the beginning of 2016, but the deal was blocked by u.s. regulators over security concerns. >>> the u.s. equities closed at all-time highs on friday again as the major indexes posted their best week since the election. we'll take a closer look at whether this is prompting the average investor to get back in the game. >> the markets keep roaring to new highs, and that is impressive, but is it enough to light a fire under the average investor to get them back in the game in 2017? now, everyone knows we lost a vast swath of the investing public after the 2008 financial crisis. and, for the most part, they have not come back, even as the stock market has come roaring back. how bad is it? it's bad. a recent gallop poll said 52% of americans invest

host: rupert murdoch is not the only big-name investor in theranos.th holmes was able to secure some enormous contributions from some enormously popular and influential people at a very young age. >> yes, there are really two categories of investors. there are the people that came in early after she had just dropped out of stanford as a 19-year-old or 20-year-old, people like tim draper, the venture capitalist. the first million. and larry ellison came in in the first three years. don lucas who had groomed ellison. all of those people were there at the beginning. and they knew what they were getting into and that this was essentially a kid with a great idea. and they knew that the company could either succeed or fail. then there is another category of investors, the people who came in and ponied up most of the money, stretching from early 2014 to 2015. when you look at when the money was raised, that is when it was raised. >> at just the wrong time. >> $330 million was raised between 2014 and 2015. host: just before -- >> the last chunk of it was rais

clinton suggested quote angry white men helped elect trump in november but fox news contributor roy murdochs shooting down those claims. he's here next with doug schoen. >>> and later -- >> we will build a great wall and we'll stop illegal immigration for once and for call. . >> president-elect trump vowing to build a wall, this as the "the new york times" discovered that some department of homeland security employees and contract workers accepted millions of dollars in bribes to allow drugs and illegal immigrants to cross into the country. dr. sebastian gorka will be back with reaction. that and much more as "hannity" continues. liberty mutual stood with me when i was too busy with the kids to get a repair estimate. liberty did what? yeah, with liberty mutual all i needed to do to get an estimate was snap a photo of the damage and voila! voila! (sigh) i wish my insurance company had that... wait! hold it... hold it boys... there's supposed to be three of you... where's your brother? where's your brother? hey, where's charlie? charlie?! you can leave worry behind when liberty stands with yo

[applause] that's when i picked up the phone and called murdoch and told him to get his general counsel on the phone and i told them about what happened to me ten years earlier and i told them ththey toldthem the good ay relationship.ju i didn't want to think he was a monster but i just wanted them to know that this is real and you need to take a look into his behavior. if he went down he would onlynt have himself to blame and i believe that is where things ground up. conversation that, i think, has been long overdue, like you 90% of the women have gone through in their lives. >> right. >> blaming the victim has to stop. ..

according to people familiar with the situation, rupert murdoch and his son have been involved in theions. while the preliminary agreement is backed by sky's independent directors, some issues remain under discussion. representatives for sky and fox declined to comment. bill gates and the world's wealthiest individuals have revealed a new $1 billion investment fund dubbed breakthrough energy ventures. the fund is backed by technology luminaries and heavyweights from the energy industry. the goal is to pump money into risky long-term energy that could reduce greenhouse gas emissions. boeing has agreed a deal with iran, its first since 1979. 0 planes.es 5 it is boeing's first deal with iran since before the islamic revolution and will force donald trump to balance diplomatic priorities with american jobs. tension is already high. that is the bloomberg business flash. francine: thank you so much. the head of the imf is in court today, accused of failing to prevent a big government payout while serving as france's finance minister. caroline connan joins us now from the court in france. gr

on friday rupert murdoch stocks offered $13.52 a share in cash for the british paid economy. >>> and johnson & onton could rally 20%. among the reasons, barron's says they are less subject to price disparities. and the company should benefit from president-elect trump's tax benefits. >>> and goodyear could see shares rise 20% as they look to benefit from cost-cutting demand for 17-inch truck tires. is that big for a truck? >> i'm not up on wheel or tire sizes. >>> and the countries agree to cut production of oil. more for the biggest market movers coming up. you're watching "street signs," on cnbc, the first in business worldwide. no matter how the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence. >>> good morning. if you are just joining us, welcome back to "worldwide exchange." the dow is expected to open lower by 20 points. the nasdaq is slipping down 0.6%. it was, however, the best perf

really took a hit as a lot-the british market did that it would be an opportune time potentially for murdochw re consolidate, so it seems like maybe it's on the way. >> keep your eye on shares. what a week it's been in media already. disney close to its highs for the year. we've had that antitrust hearing regarding at&t and time warner. discovery not doing a lot but it's been a lagging play. snipt's starting to move. people think the more traditional parts of media might get a second wind. of course the other part of the empire consolidating, cbs and viacom. >> between that news, kent a coke, cohn at nec, a busy morning. >>> after the break, we'll talk with the ceo of the national association of manufacturers, jake timmons. then billionaire entrepreneur donald trump backer tom barrack will join us. we'll talk about scott cohn and the inauguration. and later we'll speak with benedict evans in a cnbc exclusive, to talk about some fake news and reports that mark zuckerberg would be heading to washington in some people's view. ♪ there's a lot of places you never want to see "$7.95." [ beep ] but

time the boss of sam wilkeson at the "new york tribune" and really was, he was sort of the rupert murdoch/ted turner, whatever of his time. probably the most famous man in america other than abraham lincoln. but he also is running in enterprise newspapers that were losing money.. they were laying out a lot of money for these correspondence in the war. early in the war, greeley raise a ruckus over creative writing and expense account of a colleague named charlie page was another one of his characters. when greeley balked at payingen for some unusual expenses and indignant page wrote back to greeley that he got the news he paid for. quote, he says, early, early news is expensive news, mr. creely. m if i have watermelons and whiskey ready when offices, along from a fight, i get the news without asking questions. [laughter] now that to me, i'm going use the watermelons and whiskey line the next time i follow up a disputed expense report. the third passage is, this is my pants to editors all over. this is my way of saying the world can exist and still can't exist without editors. i don't care

themselves because no one thought he was going to get fired, found the nerve to walk into paulweiss when murdoch started that investigation and told their story, believing that he would continue being there boss. and those women want their and an i would never out them, but those are the courageous ones. >> it's much harder than it sounds. we can just carry on gabbing. settle for more, everyone knows you're in the process and that in a contract year new britain a book that is the number one new york times the best seller, congratulations. >> thank you. [applause] >> what does megan kelley want more of? >> for me it's pretty clear, i'm doing a job i love, but there's something i love more. three little people in a big person named doug. doug and i are good, we see each other because he's a writer, he writes he writes books for a living, he actually is a writer. then he is a flexible work schedule and we can see each other. and a pretty open about this, i am missing too much of my children's childhood. when i first started this job they were just barely four and basically three, two, newborn. and

. >> we should say rupert murdoch not the only big name investor in theranos. elizabeth holmes was able to secure some enormous contributions from some enormously popular and influential people at a very young age. >> yes. >> there are really two categories of investors. there is the people who came in early when she was-- she had just dropped out of stanford and she was a 19, 20 year old people like tim draper, the famous venture capitalist whose daughter was a childhood friend of elizabeth. he put in the first million. there was also larry el ison, larry elison came in in the first few years. don lucas who had groomed larry elison as a entrepreneur, and vp, all those people were there at the beginning. they knew what they were getting into. they knew this was essentially a kid with a great idea. and they knew that the company could either succeed or as most often is the case, fail. then there is another category of investors, the people without came in and ponied up most of the money. and that was in early-- stretching from early 2014 to early 2015. and that'

buts not a done deal per se this is something that rupert murdoch has been eyeing since 2010. >> knowsnment bonds. there was a higher yield on the 2.10% those the highest level since the election. i want to put more perspective on that. let's look at the intraday move. had jotted that it down lower. there was a little bit of a flight to safety. you can keep treasure yields down these days. it did not last very long. you can see that it shot up there. let's take a one month look at the same chart for a little bit about postelection contact. you can see we were at the same levels that we were at a week and a half ago. can overlay be back stocks and is pretty much the same. and currencies, the dollar bounced back. a close out its third day of gains. it broke through 1.15 for the first time since february. the euro is back at a 20 month low. . quick check on the turkish it was due for a rally. that is what we got at the start of the week. the dollar was losing value first the turkish. there was disappointment over the government's latest economic measures. jpmorgan says for instance that a

i like the idea of social media, at the start, because i thought it would break down the rupert murdochs why so we people got it wrong on the brexit vote and what happened in america. everybody can be accused of, and rightly so, of albany listening to what they want to hear and being prejudiced. fake news is a way of silencing people, because you can say, you‘re just being post—factual. hillary clinton had lots of fact checkers. and there isa had lots of fact checkers. and there is a thing called plurality and principle. it‘s not just is a thing called plurality and principle. it‘s notjust facts, you also have to take sides. i think it‘s very important that we don‘t just have it as the fact showing this, and then what do we think about them ? this, and then what do we think about them? she missed, you can be factual, but if you live in the rust belt, what do you actually think about it? there is a truth in the fa ct about it? there is a truth in the fact that the elite were not listening. is nigel farage in the elite? it's the way words are now being used. also with post-factual, that‘s

the dollar is making it cheaper for rupert murdoch to act.ooking to sell bonds online to cut costs. they have hired ibm to make a website that could be launched as soon as the middle of next year. -- profit has been slashed by low interest rates. rishaad: india's city tax should be able to run on at based platforms. -- app based platforms. they should not rid of traditional cats. they were close to winning regular preapprovals in india. strikesers have staged in protest. sophie: sticking with india, it is shaping up as a key battleground for the control of the biggest conglomerate. they want to force cyrus mystery out. we have more. rishaad: conglomerate. reporter: i will try to explain this because it is very complicated. let's talk about the foreign investors. two american advisory firms are recommending against investors against voting for the ouster cyrus mystery. some of them want to keep him. this is important because foreign investors have control of 18.5%. tata motors is not the only, you have five other listed companies that are voti

in the meantime, let's talk about famed investors like mike milk, rupert murdoch, and robert paulison bet big over the years and got bit in the education domain. there are a handful of mistakes that characterize these investment disasters. joining us is jonathan knee, the author of a new book called "class clown," a longtime investment banker, and dare i say, michael wolf, the media critic who seems to mate most people, who seems to think you are now the best business writer in the country, even though you don't even put yourself in that category. so congratulations on that. >> thank you. i don't look a gift wolf in the mouth. >> gift wolf in the mouth. so tell us about this particular book and tell us about these particular investors. a lot of people have tried to crack the code of the education market and have seemingly failed. and that's what this book is about. >> it is. and as you remember, i wrote a book about media moguls, which is a little bit more fun and sexy, but i thought this one was more -- >> don't format yourself. >> i thought this was more important, because although