barrick needed the structure and broughtne mark bristow to barrick's assets and operations and financialh was crying out for research. --stow is looking to former to further enhance synergies. over the past several decades, it has been one that has destroyed more capital than created value for shareholders. that is a general statement, but i think bristow is trying to look at the industry and drive it differently. i can see why he would want to try to do something. alix: when you take a look at the conversation became about the midtier companies. that was the combination that was going to take place, not a newmont and barrick. what be the conversation over the next six months? mike: certainly more on newmont and barrick and how that will play out. will be asset spinoff opportunities and rationalizations and asset sales. remember, newmont has an agreement to merge with the goldcorp, which is going to look at asset monetized. newmont has a transaction going on that they are supportive of. management will have to get folks to think differently gett newmont/goldcorp to people to think about

barrick's gold goes hostile.t budging from their $17.8 the canadian rival billion takeover bid is -- [please stand by] they had defaulted on their debt, finally getting confirmation of the news. amanda: that is a dramatic decline in the share price on a day when the averages are tracking higher. we have lots of trade optimism including president trump occluding -- appearing to relax his view on where terrorists need to kick in. you can see gains across the leading,dustrials are materials, general electric is a standout. we are seeing every trade related name, including caterpillar also gaining their it you can see the financials pushing the broader markets higher but it is worth noting in terms of streaks, this is the ninth week of gains if we finish with gains. for theks to the upside nasdaq, this is the longest of street since 1996 for the russell 2000 and 1995 for the dow. taylor: you mentioned the outperformance, 18% best massive run-up in, going back to the u.s. on, we got a survey from the national associat

together and now his management team merged with barrick.e since then it seems in creating value at barrick. speaking of bristow, this morning, there is some of the details on it, 2.5694 is what we're talking about. all about the synergies. that's that they're focussed on. billion annually, 7 billion in total. versus what they say is only $100 million in synergies that newmont gets with the goldcorp deal not as though this deal is foreign to either one of these companies. but apparently it is not something that the ceo of newmont was willing to really revisit recently talking again about the possibility of a joint venture but nothing in terms of a real response to wanting to do this so barrick makes the decision to make what is -- what we call a hostile bid, unsolicited bid the goldcorp transaction require s shareholder votes. there is is a provision in the bylaws that allows for the calling of a special meeting if you get more than 25% of the shares they put in a proposal to lower it to 15 you have a lot of overlap in the shareholder basis.

bristow, barrick gold ceo, coming up next.his is bloomberg. ♪ alix: reporting earnings that beat estimates for the fourth quarter reportingrick gold earnings that beat estimates for the fourth quarter. joining us now, barrick gold ceo, ben mande mark bristow. i've covered randgold for quite a long time. when you're on the call and analysts will ask you what is number one on your agenda for the new barrick gold, what's it going to be? mark: it is combining some of assetsld's best tier one with a really tier one management team to deliver real value as we did with randgold resources for the benefit of all stakeholders. david: is the game cost-cutting, ruthless cost-cutting? what's it going to be? mark: not at all. the key focus has been to get the team right. we really made exceptional program -- progress on that. it's a great team. if you look at the individuals that make up our team now, they are all in place, they are fantastic people. i don't believe there is another mining company that has that spread and experience. alix:

company barrick absorbed late last year.said look, nothing is ruled out. he has newmont on the offensive, not the defensive, and all options are open. >> that is the latest on the barrick-newmont drama. let's take a look at the markets in tokyo and seoul. some caution in tokyo futures, a little change early -- teasing the earlier advances. the kospi looks to extend gains after a volatile monday session. in hanoi, the so-called peace talks are on the radar. reaction to ating drop in fourth-quarter profit. we are keeping an eye on softbank and its commercial 5g services. reports theei news company will raise u.s. prices. our parting and i on --which has -- keeping an haidi: coming up, expansion plans and the impact of trade tensions. we will also speak to richard lancaster about their results. you some live pictures from vietnam. we are still waiting on kim jong-un to arrive in the country. he has been on a two and a half day trip from north korea to -- through china. he will arrive in hanoi later this week. right now, you are

, i noticed that there were two little rooms at the end of the barrick and that was typical and there were two little rooms as you exit the barrick and they were typically designed for notetaking having someone there that can take take track of the prisoners and check how many people are sick and how many people have died or how many people have gone forward and now many people are returned and so forth. record-keeping was one of the reasons. as i looked into one of the rooms, there was a glass window in the door and as i looked through the glass window i noticed a young woman, looks like she had an easel and was painting a picture. this really got my attention and it really caught my eye and i was looking trying to figure out what is this prisoner doing here with an easel and a bunch of watercolors painting a picture. she saw me looking at her through the window and she nudged me with her hand to come in and i went in and introduced myself and she told me that her name was dena and that she was an artist and that she came from the same place we did that she came in the september tran

tom barrick, as recently as a week ago, was out there defending the khashoggi murder and offending the saudi regime's murder of khashoggi. he actually said the united states has done worse, which i totally disagree with. but he gives you a sense of what is driving this. it is financial interest, it is selling interest into the saudis for money and no concern for our security or the morality of the saudi's policy. in that clip, the energy secretary referred to the 1, 2, three. a lot of people are not familiar with that. could you talk about illegal him and his -- the mutations of what the administration can and cannot do in terms of tranansferring nuclear technolo? >> that refers to a section that requires these agreeeements befe sharing this technology. with the secretary was describing is a very challenging policy problem with the saudis wanting nuclear power from a maybe they have a legitimate interest, but as you heard the crown prince described in the clip you played, maybe they also want to keep up with their neighbor iran and potential the litter implications. the saudis are purs

gold e: that was barrick speaking earlier today.speaking with commodities, tumbling on some choice words from president rump who has been vocal by his displeasure with prices. the president tweeting, oil prices getting too high, opec and take it easy, hike, can't take a price fragile. tweet really move the market and why? >> it's been a really good tweets. right, these last year they worked beautifully. why we think the market took a probably ive today, because it was a little bit overbought. there was no speculative money uilding up in the markets the last four, five, six weeks with assisting rends things, probably a little bit of room to go down. excuse as any to sell off, take the money off the table. caroline: that's the bandwidth now? what is the trigger? a biganytime a day before oil gathering, he wants to see a price and is that price 50? last year it was 75. tweeting.tarted i'm not sureoline, what it is now. reallyow much of this is attributable to opec at this point when you consider the role that the u.s. has taken in this

for 10 billion but barrick says the deal offers a far superior opportunity for newmont. let's get to becky quick in omaha with warren buffett. i think "green book" was universal picture, which was controversial, everything is controversial now days ramimalek's fake teeth won best actor, i think, did they not >> no, i think they did not. i didn't watch a minute of the oscars i didn't read any of the write-ups. i'm pretty sure that's not true. >> probably not. >> i'm telling you that did make it a pretty good -- to be able to about with -- i mean, they had to add teeth because freddy mercury had extra incisors did you see it in of the movies? i saw almost all of them believe it or not. >> i saw bohemian rhapsody i watched a bunch on flights we've been traveling a lot lately every time i'm on a flight i watch some of these things. >> i saw that. the favorite is very good. it's crazy whacky but it's -- >> i didn't see that. >> you did not see that. you didn't see green book? >> i did not. >> how about buffett, is he a movie buff >> warren, have you watched any of these movie

. >> would you have the firepower to take a run at barrick without a partner? >> at this stage, all options are open. >> does the proposition changed now that you are on the defensive? >> i don't think we are on the defensive. we are on the offense it. , a movea great position of desperation on their part as they have seen us moving forward. they have only been eight weeks since they started bringing their company together. they have not even started to adjust to what they have bitten off in terms of bringing two companies together. i don't know where they are coming from thinking that they can take on a third piece of complexity. >> the shareholders of the company are going to have to choose between two deals, one of which you offered at a 17% premium and one being offered at a discount. merger inand gold december set up unrealistic expectations? >> i look at the premium we offer as something that more than meets our value requirements. they were at an all-time low. it was an opportunistic time for us to make that offer. we are going to take that forward. the

keeping a close eye on in ralian gold companies particular as barrick makes a bid for newmont. mining came out to say it would be interested in any discarded by barrick in the event of a takeover. light when , we are it comes to some heavyweight figures, but this afternoon, we getting factory and t data from singapore from taiwan. jobless numbers due from taiwan later this afternoon. hong kong, we are getting a check on trade performance for january. haidi, that trade continues to loom large over the region. haidi. it from here.ke join us for some more context is founder and c.o.o., always good to see you here. of breaking time news with brexit. a planmay is considering to postpone brexit. how should investors read into this? far any kind of deal. >> right, right, on the margin, little less risk of an imminent shock and so we're very from a cyclical point of view how that intersects with cycle.e are in a we are in a slowdown, but are we vulnerability. if we are, a shock is a recession nature shock. we are not there yet. on the margin, this is a little bit of good news, it reduc

however, the situation mays mrout, barrick is my favorite way to play. my second way to win, the financials, they did great today. in particular the big investment banks that had been real dogs of late but there is a reason goldman sachs rallied more and rallied up more than 4 mergers and acquisitions with a stock trading at only a tiny president trump yum, what you get for the business if you liquidated everything overnight and it has an excellent wealth management group the whole company may be valued too low if we're truly seeing a revival of merger mania because that's a usually profitable business as well as coming deluge of enclose sol ipos doesn't take a lot of people to be in m & a. well, here's something people kind of gave up on for awhile. earnings look, i know the numbers haven't been all that strong this quarter. we've had our share. carter's the child and baby apparel company and the heavy equipment maker, by themselves, i know they don't mean much carter's can't sell a lot of sleepwear without the department stores doing better. in that te

barrick wants newmont.e'll see how it plays out back over to you. >> you are giving romo a run for his money with the play by play. >> i'm going to try. >>> welcome to "the exchange," everyone i'm kelly evans. take a look at copper hitting the highest level since july the shanghai composite closed at the best week since march of 20 16 so let's drill down more on the rally with bob pisani at the new york stock exchange. what's driving our stocks higher >> powell and china. you were absolutely right about the china rally this week here we had the fed monetary policy this happens twice a year. jay powell testifying next week in congress and used the magic word again, patient. that means the fed's essentially out of the rate hike business. the market likes that. take a look at the full screen that you have got here important thing is, we have a global rally going on and that's something we haven't seen for quite sometime right now so china, the nikkei, europe, all up nicely this week. you hit it on the head, ke

tom barrick, who ran the inaugural committee, is in many circles one of the most respected people aroundald trump. i know the president wanted him to come into the government, but it's just -- it's hard see him sitting over this -- some sort of piggy bank and being content in letting it go. that's not his personality, that's not his reputation. >> no, it isn't, and certainly he runs a publicly traded company. it wouldn't make any sense at all. but the reporting from axios relates to rick gates, his deputy, and a lot more questions tonight. thank you all very much. >>> and next, someone leaks the president's secret white house schedule. the white house tonight responding. >>> plus, intelligence officers reportedly warned to avoid telling president trump any intelligence that contradicts what he says in public. a member of the house intelligence committee responds. we've done it! hah! great work old chap. we'll be rich and famous. well i'll be rich, you'll be famous... at least amongst your digging friends. here's a thought, ever consider investing? e*trade has easy to use tools that help

barrick proposed a merger with newmont mining.setting up a battle between the world's two largest gold companies. barrick gold shares are unchanged in the premarket. newmont mining up 1 and a quarter percent. the irs reporting a sharp drop in tax refunds. get this, the average refund is down 17% versus last year. works out to be nearly $550 less. the average check totaling $2,700. this tax filing season is the first one since the full one since the gop overhaul of the tax code. the treasury department says smaller refunds are mostly due to people paying less in taxes in their paychecks bi-weekly or however you get paid. that's one of the reasons how the gop is defending the tax code overhaul, 2017. maria: thank you so much, lauren. mitch, your reaction? we'll be getting our checks in the next month. two months. >> all i know is, i don't know that i'm getting any kind of a refund. but that aside, the reality is, taxpayers paid less in during the year because they took advantage of the benefit of lower taxes during the year, so they

. >> how is that going >> well, it is going to be an interesting battle between barrick and newmont,ck trying to own -- buy newmont unsolicited offer, all stock, no premium, focuses solely on the ability to deliver the synergies under the leadership of mark bristow, the man who ran randgold before it was bought and merged with barrick, now runs that combined company jim, it will be interesting. they're looking at the 40, the eight holders who own 40%. and they're going to be talking to those eight holders in newmont and saying, listen, we can deliver on these synergies much better than the benefit of buying goldcorp for you, newmont. newmont was fairly strong in the language yesterday and saying no thank you. and it will be interesting to see how this develops over the next, let's call it month. the shareholder vote is the key here would be the key sort of in play arbiter. they are trying to lower the threshold for calling a special meeting, as low as 15% but this is going to be an interesting battle. >> an interesting, we often hear about deals that are synergistic. i haven't seen o

newmont gets marriage proposal from barrick, it is a stock deal with the numbers.ith goldcorp. i think francine has really showed mr. cappelli that huge complexities of the massive consolidation that we are seeing in the gold mining business. francine: we have to of course, continue following anything that happens with that possible deal. in the meantime, coming up, the conversation with --. the former india reserve --ernor, look for that if interview, 6:00 in new york. 11:00 in london. this is bloomberg. ♪ tom: -- >> this is bloomberg surveillance. let's get the bloomberg business flash. -- announcing its own fuld and smartphone to challenge the one just unveiled by samsung. the -- unfold into a small tablet like samsung's galaxy full. it will cost $2600. the market for small -- smartphones is slowing. manufacturers are searching for ways to convince consumers they should upgrade their devices. -- is rolling out new 5g chips for cards, pcs, and home broadband. the company's president about what this means for the industry. are here toreens stay. you will see the o

barrick gold, this is an all stock deal.rld may be getting together. roche buying u.s.-based gene therapy specialist called sparks therapeutics pain for $.3 billion. why? sparks working on treatments for hemophilia, huntington's disease. i don't know what that diseases, but it causes blindness there working on a cure. interesting. ge is selling its bio pharma business to her for $21 billion in ge stock is up 8%. that is up 8%, too. what a deal. both up 8% in ge is that $11 a share. epic games putting up a massive amount of cash for any player who wins the fortnight world cup final. we'll tell you how much massive amount of cash actually is. a big win for netflix at the oscars. winning the award for best director. does this put pressure on disney? and here is the nugget i bet you didn't know. the oscar rewarded well, the oscar is elf isn't worth that much. can you take a guess how much gold plated statue is worth? how much it costs to produce? we will tell you. one person could win a brexit with president trump. we'll tell yo

sources say barrick has acquired 1000 shares through a owned subsidiary.e told they want to lower the amount of shares needed to call a special meeting from 15% to 15%. abouteal said to be worth $5 billion. less than $2 billion to close on friday. the wall street journal says it faces competition from one other bidder. it specialize in gene therapy drugs. kind tohe first of its win food and drug administration approval. launched itshas first folding tablet phone after samsung did it's the same thing. it has a six point six inch screen and opens up to become an eight inch tablet computer. $2600. cost >> another delay for the deal. we will find out what's next as finala may postpones the vote on her business plan. this bloomberg. ♪ this bloomberg. ♪ ♪ ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activec

therapeutics platinum equity announced today to buy label maker multicolor corporation and mining company barrickshare transaction. catching the eye of one investor at least co-author of "merger masters," mario gabelli joins us via phone to discuss all of this dealmaking activity. welcome to the program, mario. appreciate you being here with us today >> yeah, i hope to see you in person, courtney i wouldn't do it today. >> hey, we understand. we appreciate you being with us any way you can do it. let's start with the ge/danaher deal you have to be happy today that stock popping on the news. >> well yeah sometimes the buyer of the business stock goes down, sometimes it goes up in this particular deal up $10 showing that they are focused on getting that recurring revenue what we do as a firm, i started this place -- doing research 50 years ago as a sell side analyst, bottoms up research in the late '70s i coined the phrase private market catalyst what will narrow the gap between the public price and the -- and arbitrage is an outgrowth of that an interesting way to earn an absolute return and they

mining and barrick gold trading higher. copper and gold also trading higher. also helping is the bloomberg dollar index. , this ising to see caesars entertainment -- looking at the dollar in a moment. we had some breaking news, this on the headline that carl icahn and caesars are in talks to seek or representation after carl icahn disclosed a 9.78% stake in caesars, putting him just behind canyon capital as the second-largest shareholders. highs,up 4.1% at session on pace for the best day in a month. index,king at the dollar we have a little bit of a slide, the british pound has its best day in three weeks on brexit hopes. of course, the dollar falling, a boost to the commodity complex. commodities are commodity that denominated in dollars. finally some over to the upside not related to earnings or the metals complex or unusual stakes. pg&e up 17.6%. this is pretty incredible considering shares earlier had been down in january 70% from the peak. more than a double off of the january lows. citigroup upgrading shares to a buy with a $33 price target. that is a s

billionaire tom barrick, a close friend and informal adviser to the president, also chaired the president's he is, during a speech in abu dhabi the "washington post" reports he defind it had saudi government's brutal murder of "washington post's" columns any jamal khashoggi. here's what he said "whatever happened in saudi arabia the atrocities in america are equal or worse than the atrocities in saudi arabia." you heard the right. equal or worse than the atrocities in saudi arabia. "for us to dictate what we think is the moral code there, i think a mistake." barri barrack has since apologized for not making clear that khashoggi's murder was atrocious and inexcusable but he maintains the west is confused. u.s. intelligence officials including gina haspel are not confused. that i've said without pause that khashoggi's murder was ordered by saudi officials. multiple reports implicate the saudi crown prince of green lighting the murder. let's be clear, khashoggi wasn't just a journalist, he was a u.s. resident, he lived in virginia, he was a vocal critic of his home country, he was murdered in

barrick is defending its hostile bid with high costs and dwindl ing resources and it bought rival rangold for $6 billion a lot of consolidation here. let us get to washington d.c. where in the last 45 minutes u.s. china trade talks just wrap ped up for the day talks apparently going so well but before he departed for vietnam president trump hinted there will be a "signing summit soon." let me get to blake burman live at the white house and that's not all president trump said that got these markets rolling and running. reporter: a lot of action and words over the last 24 hours or so liz first the action from president trump yesterday in which the president said that this friday march 1 deadline to get a deal done or else tariff levels would increase would be put on hold, because there is being progress made on both sides from the u.s. and china as it relates to a possible trade deal. president trump has suggested over the last 10 days, two weeks or so whatever you want to call it that it could be heading in this direction maybe not a marc. he made it official yesterday saying that these tw

. >> also i see in your article, the name tom barrick, he has potentially a lot to lose here. he's a hedge fund type guy from los angeles, for a while, during trump's rise and after the election, he was kind of the dennis hopper role in apocalypse, explaining to cable audiences, here's what the president's like, when he says this, he really means that. tom has a pre-existing business life. a successful one. he was chairman of the inauguration effort. and a lot of people have wondered why we weren't seeing his name heretofore. >> he was the chairman of the inauguration. he ran everything. every budget that was submitted ultimately was okayed by him. there was nothing he did not have a hand in. there was nothing that he was doing that the president was not aware of. and it is interesting to me that his name has been left out of this for now. this is someone who in all the documents that i've reviewed reporting this story, walcoff was raising concerns about his role in this, the budget's he was okaying, and the way that he was relating with the president or the president-elect an

giantan mired -- mining barrick has acquired thousand shares through a subsidiary and plans to tablegary goldberg says the move is, tote, a desperate attempt quell a current deal. gains near three-month high in the world's largest oil traders as prices could rally even further. opec columns outputs an american sanctions cause a shortage in the market. a surge in u.s. shale supply could drive prices lower in the fourth quarter. an exclusive talk with guy johnson. is quiteoducing area removed from the coast and quite remote from refining. they need pipelines to connected in those it was are being built. as is pipelines come on, some of when can we so the expansion is forecast will start to hit we should of a surgeon production. if the pipe what is there coming .an move it is probably reasonable to assess the opportunity to get above 13 later on this year or early into next year when logistics allow that to happen. as logistics of the pipes is there more pent-up demand behind that? i'm wondering how the story plays out. is logistics always been to be the bottleneck? slightlyk it be over

allegation from these whistleblowers that michael flynn might have been involved in this thing and tom barrick might have been involved in this thing and that michael flynn's involvement in this might have actually been for personal gain, which is a story you've heard before. >> yeah. surprise surprise, michael flynn was working for a company that stood to gain billions of dollars if this transfer of sensitive nuclear technology occurred with saudi arabia, and then he turned around as national security adviser and lobbied to get that transfer through. and it turns out everybody seemed to be literally in with flynn on this particular deal. >> there's that, and that's alarming and that's worrisome, that someone advising the president on national security might be in on it according to the report, h.r. mcmaster comes in and says this doesn't make any sense on a lot of levels, we've got to stop doing this. but there still seems to be uncertainty as to whether the white house is still considering this transfer of information to saudi arabia, which also seems strange. our enduring love affair with s

tom barrick drew criticism in washington for saying it was a mistake to judge saudi arabia for the murdercracy be. he quickly backtracked, apologizing for his own words. his comments echo previous statements by president trump. theresa may takes her brexit plan parliament later today. there's six weeks before the uk's due to leave the european union. she could face a revolt from anti-eu lawmakers in her own party. they say leaving with no deal must remain an option. global news, 24 hours a day on air and on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. manus: thank you very much. here's a look at how things will stack up for the rest of the day. grow atk predicted to 0.2%. you want to watch out for the reaction after all the recent weeks data. later today, the house of commons will get frisky on brexit. watch out. if they come back with any amendments that failed to make headlight -- headway. our guest host this morning is with us. there's a lot to discuss. i want to go back to volatility and the earnings outlook. many have said, they will fade sl

juliette: barrick gold is going us the linens bid to buy newmont mining.companies fell on the announcement. newmont says it is more interested in its own plan to take over rival goldcorp and dismissed the latest approach. >> it is a move in my view of desperation on their part. they've only been eight weeks now since they started a new company together. they have not even started to digest what they've bitten off, let alone putting an operating model that can manage that. i don't know where they are coming from thinking they can take on a third piece of complexity. rishaad: reports of creditor committees being forced to arrange a debt resolution for the beleaguered invest in group. the local newspaper says the group is led by the export import bank alongside industrial bank and development bank. missing a local nonpayment last month. it is carrying something like $34 billion worth of debt. juliette: tensions are flaring up between india and pakistan. we have seen quite a lot happening in the last hour or so. indian jets striking a terrorist camp in pakista

barrick's ceo disagrees.eful have been working on it for a long time. , and notd before hand just one meeting. you have to convince the shareholders this deal is better than proposed. the man proposing to buy them, is the same blamed for the deal falling apart five years ago. was firmlye finger pointed -- that is the bloomberg business flash. you so much.nk for more on commodities and m&a, let's start with oil, we are joined by jeffrey r. currie, global head commodities, research partner, goldman sachs & co. this is one of the most famous get-togethers in the oil sector. let me go to the president's tweet a couple days ago that moved the market a little bit. oil is stumbling after the third rally since christmas eve. market participants wonder if trump'sl heed president call to temper prices. his tweet said, oil prices getting too high, opec relax and take it easy. the world cannot take a price hike, fragile. jeff: a little bit late. 30% rally, what is driving it is aggressive action on opec's part. we call i

- want to note on the upside movers, reports out of australia that newmont may consider a bid for barrickmerger in the precious metal space and keep an eye on that. on downside movers, autonation, if you miss or you give estimates short of forecast, you're going to move to the downside autonation reported revenue below forecast that's down. baidu there, they spent very heavily on content and promotion in their commentary. they're down a little bit. dropbox forecast a drop in operating margins, see that's down 9%. and this is not a typo on stamps.com, talk about losing your key customer here, they gave a weaker than expected forecast and announced they ended their exclusive partnership with the u.s. postal service. you think that matters to stamps.com i think so that's not -- that's not a typo there. the other thing i would just note, i don't know if we can put up the global markets, i mentioned this earlier, i do think it is important because a lot of people have been trying to target with the awful year that he had in europe, trying to pick out value in europe i think it is pretty hard.

. >>> a hostile bid from barrick they join us to discuss a mega merger >>> commodity market and the global> and former google cloud ceo diane green joins us to discuss cyber security competition in the cloud and the future of computer science the second hour of squawk box starts right now >>> welcome back you're watching squawk box >>> good morning becky made her way to boston for the launch of the college of commuting. she will be bringing us guests all morning long we will be checking in with her in just a bit. in the meantime take a quick look at u.s. equity futures. dow jones looks like it would open off about 22 points the s and p off a little over4 points and a lot of questions this morning about what took place overnight. >> yes i got up this morning and wanted to see what happened at 2:00 p.m. with the signing ceremony i looked at my world clock and it was already 3:30. nothing good happened. overnight president trump departing after failing to reach an agreement during his second summit with north korea's kim jong un. the president said he walked away from talks with kim after it

barrick just completed a $16.1 billion takeover of rival rant gold resources >>> apple is teaming ups. >>> and check out shares of stamps.com this morning. presented much weaker than expected results for 2019 because of the end of their exclusive partnership with the u.s. postal service. right now that stock is off by 52%. >>> all right. former enron ceo jeffrey skilling has been released from federal custody. he had been convicted in 2006 of fraud and conspiracy in connection with enron's collapse he spent 14 years in federal custody. 14 years in an 8 by 10 cell surrounded by people that were less than human. max kady >> well done you got the music. >> it took hours but 14 years was the -- that's the exact quote from cape fear 14 years, counselor. 14 years anyway, amazon's war with new york -- it's friday. i mean, the music is -- and speaking of remakes, robert mitchem was in the first one at max kady and then he was in the second one as the detective -- yeah anyway great. great movie. scorsese at its best nick nolte jessica lange. >> and the daughter. >> juliette lewis. >>> amazon'