saying he agreed with the cma, he turned to some possible solutions.sky to disney as proposed by fox, or alternative buyer, with agreement to ensure they're funded for ten years, is likely to be the most proportionate and effective remedy for the public interest concerns that have been identified. the cma report said that draft terms for such investment, and fox has written to me to offer undertakings on effectively the same terms. the next step is a consultation on fox's proposals. if we cannot agree on terms at this point, i agree that with the cma the only remedy would be to block the merger altogether, this is not my preferred approach. his labour shadow began his remarks on a light—hearted note. this is something we have been living with for 18 months, and december 2016, when 21st century fox announced the bid for sky, the world looked very different. the tories were riding high in the polls, the prime minister was popular even in her own backbenchers. we had a different culture secretary and i was six stones heavier. i don't think, i don't think

where the cma makes afinding finding as well.e cma makes a finding that a merger is likely to operate against the public interest they are then required to consider what remedy would be appropriate. to address the plurality concerns, the cma considered a range of options including those proposed by the parties, specifically firstly a firewall of behavioural commitments to insulate sky news from the influence of the murdoch family trust, second a ring fence where sky news would be structurally separated from sky but still owned by fox along with the same behavioural commitments. by vesting sky news twisted but the party and forth, prohibition of the transaction as a whole. i have considered the cma's detailed assessment and their conclusions as to how effective and proportionate the different remedies are. i agree with the cma that die vesting sky news to disney as proposed by fox ought to an alternative suitable buyer with an agreement to ensure it is funded for at least ten years it likely to be the most proportionate and effect

i agree with the cma that divesting sky news to disney, as proposed by fox, as to an alternative suitable to ensure it is funded for at least ten years, is likely to be the most proportionate and effective remedy for the public interest concerns that have been identified. the cma report sets out some draft terms for such a divestment and fox has written to me to offer undertakings on effectively the same terms. the proposals include significant commitments from fox, but there are still some important issues on the draft undertakings that need to be addressed. i need to be confident that the final undertakings ensure that sky news remains financially viable over the long term, is able to operate as a major uk—based news provider and is able to take its editorial decisions independently, free from any potential outside influence. with me is matthew garrahan, global media editor at the financial times. it is good to see you. first of all. this was not a surprise really, as long as mr murdoch gets rid of sky news. it is the end of what has been a pretty torturous and long process. murdoch con

the cma found evidence of that.ing to get a good deal, that is what everybody should be doing. it is unfair when businesses are doing things like this and they have to be stopped. you're good to whip them into shape? that's right, we have been gathering the data because we want to understand that these claims of savings like the daily deals or time limited offers are genuine and i'm afraid to say that some of our early work has shown they are not and prices are being artificially inflated up to give the claim of a saving afterwards. we are determined to stop this and we will use our full set of powers to bring it to an end and take these businesses to court if they do not make changes that address the concerns. good. thank you for coming on, all of you. we heard earlier that parliament's intelligence and security committee has concluded that the uk tolerated "inexcusable" treatment of detainees by the us after 9/11. the committee has published two reports this morning, after a five—year investigation into the uk s i

it's the kickoff to the cma fest in nashville, which each year also honors several music teachers ofhe red carpet treatment they deserve. ♪ >> country music star and grammy nominee chris young sells out stadiums across the country. ♪ >> but this tennessee native has never forgotten where he came from. >> i don't know that i'd be doing what i'm doing now had i not been exposed to such wonderful educators and the opportunity to just be able to do music. >> his teacher brenda gregory knew 19 years ago he was special. >> early on when chris was in my classroom as a freshman, i knew he had that spark. i thought to myself, this kid is going to go someplace. >> together with the country music association foundation, chris young honored music teachers from across the country. an evening where teachers got to share the spotlight. >> one of my buddies was like man, i thought you was just music teacher but you're a rock star, man. >> chris young's passion sparked by high school musicals with mrs. gregory. >> it's been so long since i've actually gone through and looked at these photos. >> after

they haven't named names as to who they are targeting, the cma, the competition and markets authorityn this business, expedia for instance and booking.com and somebody from expedia says they will engage with the inquiry. but they have not been named. this is important because hotel bookings have now gone so heavily over to the internet, 70% of people looking around you is one of these websites in order to find what they want to. and the main concerns are that when you see on your screen a list of rooms, you would expect perhaps the ones at the top to be the cheapest quite often they're there because the website is getting the highest commission. also they're worried about what they call pressure selling, when you're looking at a room for instance and you get lots of little notes coming up solely, plenty of other people are looking at this room, there's not much time left. and they're suggesting that is unfairon left. and they're suggesting that is unfair on people who do not need to book so quickly. they also say that discounts might be misleading and that there are added charges at t

the cma did not name names, but leading sites include expedia and booking.com.called "restructuring specialists" hilco — they also own hmv for just one pound. damian mcgloughlin, ceo of homebase, said: decisive action is required to start rebuilding homebase s position in the uk market." dr dre and music moguljimmy iovine have been ordered to pay £19 million to a former partner in their headphone company, beats. steven lamar claimed credit for the idea of creating a brand of celebrity—endorsed headphones. he took the idea to dre and iovine in 2006 and the first beats headphones were released two years later. the parties later fell out, and lamar sued over unpaid royalties in 2016. a quick look at the markets. the ftse, a small drop. this worries about what's going to happen the eu meeting tomorrow. bp, not a huge amount of change. the pound looking week against the dollar. down from those highs we saw last week. more later. james, thank you. the pangolin is a little—known scaly mammalfound in africa and asia — but it's the world's most trafficked animal. now sci

i covered the cmas for this show a couple years ago.n't pull up in limos, they drive their own pickup trucks. american flag in the bag. they park it themselves and walk in. brian: is that true? abby: true. brian: they do have money for a limo. abby: that's not the way they live. steve: brian does. abby: we all know that though. brian: especially if you have to run out and get milk. i have the chauffeur pick me up and bring me there often he or she will run and get the stuff for me. steve: show you highlights all night long. abby is in for ainsley. good to have you back again. abby: almost to the end of the week. steve: meanwhile jackpot bombshell nugget the news. defied authority. james comey's leadership at the fbi torn to shreds at draft doj watchdog report on his investigation into the clinton email probe among other things. abby: the full report not out yet, but the leaks are starting to come in. brian: we asked griff jenkins to follow up on this story. sometimes he will just say no. griff, did you do what we asked? >> yes, i have.

so cma is a number dwizible by five. i d divisible by five. to take a look at how the financial status of the programs have changed over that five-year program. relatively short period of time in terms of the context of the evaluation of the programs. but there are significant changes that are reflected each and every year so just take a little bit of a step back and see how those see how the programs are changing in the fairly recent past. >> i like to start with this slide. because one of the important responsibilities of the trustees' reports is to project the financial condition of the programs. that projection looks out 75 years. and this slide to me highlights how challenging that prospect is. we do our best. we apply what we think are the best actuarial and economic assumptions to doing so. but if you were to stand in 1977 and try to look, just 40 years into the future, the likelihood that you would be able to project that pie certainly how that, that pie is distributed, it maybe you can get close on the total benefits, but it is quite

hoda was part of the cma's.video of the year for the song "ai'll name the dogs." female video of the year, carrie underwood for "the champion." she wowed the audience with a stellar performance. group video of the year went to "when someone stops loving you." hoda took the stage to present the award for performance of the year with her co-presenter who expressed interest in a little co-host skit. take a listen. >> john, the way kathie lee and i do it is with a few of these. cheers. >> that's what i'm talking about. >> all right. >> that's your secret i see, okay. >> here we go. the award goes to georgia line. >> wow. >> may be asking, why were the backstreet boys at the cmt awards? performed a song with florida georgia line, making them eligible. >> one of the best award shows i've been to. everybody is sitting on folding chairs, talking, having fun. it was one of those cool moments. everyone was right around. carrie underwood, kelly clarkson. >> were you nervous reading that, like what happened at the academy a

the cma that the only effective remedy now would be to block the merger altogether.his is not my preferred approach. kill tens lordto ann taylor stores, including the flagship manhattan location. it opened on fifth avenue in 1914. part of the ongoing measures to turn the company around and they are eliminating jobs, striking partnerships with walmart, unloading minority stakes. the first state after nevada to punch its ticket on sports betting. the books opened today at their three casinos, offering football, baseball, bas hockey, and soccer. delaware beat out new jersey. new jersey lawmakers vote on gambling regulationth single bets this week. latest business flas upd this is bloomberg. ♪ top, ateamwork at the the bloomberg invest summit, we asked the kkr copresident about the state of [indiscernible] and whether it was a buyer or seller's market. we are late cycle in the u.s. in particular. if you look at activity, we have been sellers, especially in the u.s. and europe. >> where you going? >> i think that in this kind of market and a late cycle, it it's about how

let's take you to singapore, where we are joined by the director of our cma gr -- of rcma group.us going into this opec meeting. what do you think they will do, and what should they do, given the uncertainty we are getting from trade headwinds and a steep slowdown in china, as well as general volatility and difficulty in rebalancing the market? expectation is that there will be some increase to reflect the current situation, so opec is currently producing about $1 million -- about one million barrels per day more than the agreement. you have saudi arabia pushing out, i think, to help the world economy, help the situation, and some brownie points from the trump administration. i expect we will see some increasing quantities. but the reality is that opec is producing -- go ahead. haidi: continue. just saying that the reality of the situation is that opec is producing more than quote a, and it's saudita, and arabia that has most of the excess at the moment. haidi: so what is the signaling we are looking for? the u.s. and china are continuing to lock horns over trade. you have potent

the cma have to act because we are often seem misleading prices.ly that we're doing this. hopefully that awareness is. thank you. now it's time for a look at the weather with darren bett. hello there. yes, we had some mist and low cloud this morning in central and eastern areas which has gone now and it's blue skies, hot, dry and sunny. temperatures 30 degrees in one or two places. we could create some records in northern ireland and scotland. widely the high 20s but cooler on the north sea coast. and easterly breeze increasing low cloud coming down through the north sea and it will spill its way inland overnight. and the midlands and the west country and more low cloud across the north and east of scotland so here where we are cloudy, the temperatures will be slow to rise but we should see a lot of cloud retreating back to coastal areas where it could linger in a few places but away from here, you can see plenty of sunshine. heat in the sunshine and the high temperatures to the west. not quite as warm in scotla nd to the west. not quite as warm in