mark bristow told me he has spoken to most investors.erestingly, those of the same investors so it is going to come down to which of the deals these guys with black rock having a lot of the power are going to decide on and part of that is going to come down to personalities. gary goldberg is an understated guide. you can tell this has gotten under his skin. mark bristow, you could never accuse him of being understated. alix: some of the oddities of the deal, there could be $7 billion worth of synergies. on the flipside, there was no premium. how does that make sense? danielle: mark barrick is arguing synergies are the premium. they are sticking to the pretax prediction. has noldberg said he idea where they came up with that number. they are saying it has got to be lower. the president are for this premium deal started in september with john thorton's bid as executive chairman for randgold, which mark bristow used to run. that is a no premium deal that captured the market's attention and thorton and bristow were committed to that. they se

alix: mark bristow does not compare his words. who runs the operation?ow did the company's wind up working together going forward? danielle: barrick has the majority state and mark bristow will be running things. that being said, there are these three committees. barrick has an extra board member. there are these three advisory committees that will have equal numbers, so newmont still gets a voice. there is a lot at stake beyond the jv. both sides say they want to expand this maybe into exploration projects into other areas. they cannot go hostile, either side on the other 42 years -- for two years because they have a standstill agreement. that they could still go for a full merger if things were friendly. mark bristow said the only way there could be a merger in the next two years is if it were friendly. this is a test in the relationship. alix: thank you, great reporting. now to another part of our seachange series, we highlight the new emissions rules that can change the oil world. imo ruled in on the and how markets will react. >> it's not easy to ch

mark bristow tells me he has spoken to most of the top investors in barrick.ewmont says they have also spoken to most of their large investors. interestingly, for the most part, those are the same investors, so it will come down with blackrock having a lot of the power, are going to decide on, and part of that will come down to personalities. they are really different teams. gary goldberg is a very understated guy. you can tell this has gotten under his skin. mark bristow, no one would accuse him of being understated. alix: he is definitely not subtle. danielle, some of the oddities of the deal, bristow said there could be $7 billion of synergies but they gave a really long timeframe. on the flipside, there was no premium. how does that make sense? danielle: barrick is arguing the synergies are the premium and they are sticking to the $7 billion pretax prediction. newmont -- gary goldberg says he has no idea where they came up with that number. they are saying obviously it has to be lower. the precedent or the idea for this no premium deal started in september

mark bristow tells me he has spoken to most of the top investors in barrick.mont told me the same. for the most part, they are the same investors, so which deal -- the guys with blackrock having a lot of the power -- will decide on an part of that will come down to personalities. they are really different teams. gary goldberg is a very understated guy. you can tell us got under his skin. mark, no one would accuse him of being understated. alix: danielle, some of the oddities of the deal, bristow said there could be $7 billion of synergies but they belong timeframe. there was no premium. how does that make sense? danielle: barrick is arguing the synergies are the premium and are sticking to the $7 billion pretax prediction. newmont, gary goldberg says he has no idea where they came up with that number. he says it has to be lower. the idea of this started with john thorton's bid. that was the no premium deal that kind of captured in the market's attention and both thorton and bristow are committed to that. he says it has to be lower. they see themselves as resto

the barrick gold led by bristow made a competing bid for newmont. just when seemed that barrick was left for dead, goldberg and bristow met in new york city two days ago to bust up the gold corp deal and let barrick buy newmont. it is very confusing, so i was thrilled to get some clarity with mark bristow, ceo of barrick gold earlier today take a look. mark, a lot has happened since i have seen you last you have done a big deal one i applaud. it's terrific. and you're doing another deal now or -- isn't it time to call what you have, take a look and think you know what, this deal alone is enough and you don't -- you don't have to go after newmont right now. >> so how is it, jim, how are you doing? >> i come right to the chase this is getting too nasty. we have to drill down. >> this is about shareholder value, jim we're engaged in the constructive manner and, you know, at the end of the day that's all i want is how can we create real value in this industry for our respective owners and by the way, there's such a big crossover. whatever we do it's goi

taylor boykin was arrested last year at the bristow minnieland academy in court at today's sentencing, parents shared wonizing testimony. >> from my child deal with nightmares, anxiety. it makes it difficult. >> julie carey has more from the parents and interviews you'll only see on news4 coming up at 6:30 what those parents say about the torment still facing the young victims. >>>ow to the big waiting game unfolding re in washington everyone on either end of pennsylvania avenue awaiting word on theueller report with speculation the special counsel could turn it over any day. james comey wrote an op-ed for the "new york times." hee writes while finds the president morally unfit. he's not rooting for the report criminalize or clear the president. let's turn to blayne alexander to get the latest. >> reporter: very interesting s we kind e these signs pointing toward the release of the mueller investigation. there are a lot o things that people don't agree on in washington but people are om findingn ground on one, which is that report should be made public. president trump saidit, te fbi

this is piper lane in bristow. this road leads to the e station. it is completely closed off in both directions. it'se lit dark. you can't really see. down arod where the curve is, there's three feet of water. they are diverting traffic. this is a little road that leads to an industrial park here. we have seen some drivers trying to persuade the officer to let them through. at this point, it is a no-go. about three feet of water down there. you don't want cars to over there. it's a low-lying areaon that's to flooding. you can't see it right now. i can see glistening liat. definitely down there. we're seeing but some of the low-lying areas having issues. >> thank you for theheads-up, megan. >>> dozens of prince george's county residents say they were duped by a travel agency that sold them fa plane tickets. this was something that telemundo 44 uncovered. 25 people say they gave money to a woman named anna maria. she owns a company called azteka travel.s she wapposed to book tickets but just took their money instead.sh has been arrested and charged w

. >> bristow asking for a meeting today. have you accepted? gary: we have.ward to catching up with him later today here in new york. >> this will be to discuss the jv or the potential merger? gary: this will be the discussion on the joint venture with what we proposed yesterday. >> they are offering a discount premium -- you are quick to reject it. is there a level where it would be acceptable? gary: when you look at the sovereign risk of their assets and some of their esg performance they've had mark ranlly -- successfully for a long time five assets in africa. he is still in the middle of integrating the barrick randgold business together. exposing shareholders to all that risk when we can work together and come up with the best for both of our business is in terms of how we deliver best seemsto our shareholders to make a lot of sense. >> you proposed a 50/50 split on the operations in nevada. is there room to move? gary: the 45-55 was based on consensus any be numbers -- nab numbers. we are more than happy to work through the negotiations on that. we woul

he is coming in with a fight, the guy is just -- he won't be denied bristow will not be denied >> okay him a hard time, though, will you, please give him a hard time tonight, all right? >> i promise maybe i'll insult him. maybe i'll insult him. is that what you want? >> no i like it when we -- you bring the mean jim >> i can't -- >> you were mean this weekend. >> i don't want to talk about it. >> okay. i was mean won't let that happen again. the old cramer someone said that. don't bring back the old cramer. >> hide your kids. want to hear moreabout that later. dow is down 23 points on this tuesday. let's get to bob pisani. >> the old cramer was find by me not even on the advance/decline line a split open we stalled at 2800 on the s&p. so you want to watch the leadership groups for signs of faltering or breakouts let's look at the leadership groups what led in 2019 semiconductors, number one stalled out. banks, up 20%. kind of stalled out. industrials, flattish. energy, flattish the russell 2000, it basically stalled out 6 or 7 days ago, below is 200-day moving average. leadership group

but we'll see. >> all right look, i like gold, sam zell likes gold mark bristow is creating an etf ford companies. i think it is very exciting for people who want to get on board with gold, like it a lot >> in the realm of another produce, exxon talks to the ft and says they see capex going up 30% between 2018 and 2020 as they try to ramp up production in the permian got other stuff in ghana, a big capex story. >> look, slumberge, i couldn't have been more wrong, capex has been so -- so depressing core lapse, same thing if you believe exxon and the guyana, if you believe them, you see by the company, i think exxon is reliable, but i think it could be an outlier there is no spending going on that i can see that is above what it was the previous year. even though paul kipsguard, the ceo, was saying things have bottomed i bought on to that. now i'm at the bottom of a big oil rig wearing cement glosses >> transports down, longest losing streak in eight years. >> now even talking about precision railroading anymore. i think that freight is still an issue in a lot of the economy. the rising

ac it is a cold start. 22 in bristow, virginia. 28 degrees in poolsville. 30 in frederick, maryland. you'll need your coat this morning. car washing weather, you gbet b. a coo start. but it will be a pleasant day ta spendty time outside. tomorrow, me of the same. not as cold tomorrow morning. we'l see anincrease in clouds ter. a lot more cloflooding to go ine northwest. but a lot of rain in the sunshine state for today. i'll walk you through future weather. high clouds moving i tomorrow. here's your rain chance. 7:00 a.m. on thursday morning the biggest weather impact will be the wind. temperatures in the 50s. and then, dry a cool weather returns for the weekend. let's checkay out your tue commute. >>> new crash here. inner loop after rockville pike. the rest of the beltway, inner loop and outerloop, looking just fine. fairfax county parkway, a left side clocked b a disabled vehicle. mass avenue, near 23th street. watchout, motorcycle crash. more coming up on that one. >>> identity theft has become a coon crime. it's not but when it happens to you. coming up, we show you what you nee

organisation that wants to overthrow north korea's leader said it was behind the raid, as michael bristowe intruders did something that would be unthinkable in north korea. they destroyed pictures of two previous leaders, a promotional video makes the ultimate aim clear. they want to get rid of north korea's ruling family. the break—in is thought to have been carried out bya is thought to have been carried out by a little—known group. the spanish authorities said the attackers had tricked their way in and roughed up diplomats for several hours, before leaving with computer equipment and documents. it is not yet clear who the raiders were, or why they attacked the north korean embassy in madrid. pyongyang has now given its first response to the intrusion. it called it a grave terrorist attack, and noted the rumours that link the break into the us intelligence agency the fbi. that is something washington has already denied stop and you say that the united states government at least had nothing to do with this? the united states government had nothing to do with this. thank you. all right. t

you just spoke to ceo mark bristow what was his response?says it is progress and that newmont will give barrick 55% of the joint venture in nevada. the two sides have tried in the past to come to an agreement, and it has been along 50-50 lines. he sees that as progress. what he does not like is the proposal for a joint governance strategy. >> you proposed a 45-55 split and a 50-50 split in operations. >> the 45-50 five was based on consensus and av numbers. there are things that do not make sense and they are, and we need to work through and we are more than happy to work through them. in terms of how it gets managed. we would both appoint key operating people. at the end of the day, the voting on how things operate is the person who ends up owning the majority economic interest, in this case barrick. ,>> deutsche bank employees learned of their bonuses and learned of deep cuts. >> it looks like people are still getting a little bit of money. deutsche bank is still paying out 2 billion, which is not much. we heard already in january that the

. >>> a former assistant teacher at the minnieland academy in bristow will spend 41 years behd bars. taor boykin sexually assaulted presch lers under hiscare. >>> arlington police arrested a sixth person yesterday charged with first degree murder charged in connection with the death of 16-year-old jacson chicas, he was found deadin stafford county earlier this >>> the national cathedral pushing back on a claim the president made about the late senator john mccain yesterday, the president said he gave mccain the kind of funeral he want ed which he said as president he had to sign off on. but the cathedral said it was organized by the mccain family, and no funeral requires presidential approval. >>> we are working for you with a sneak peek of exclusive project. overan the past several months many of you saw this building go up. >> the newest luxury hotel opens its dooomorrow but first drew wilder takes you behind the scenes. >> reporter: development in the old convention center, the newest luxury hotel, ther c washington hotel is dripping in dern everything. before it opens on friday w

mark bristow said the situation was very static and the win i spoke to him this morning he said when own play for corp it really unlocked things and allowed barrick to come in and make its own play, arguing that it was a better deal, and then in turn newmont countered with this jv, which is where they settled. ♪ >> nvidia agrees to buy melon ox to help push into the growing market for data center components. and it was good news all around as shares from both companies got a significant boost. this is nvidia's biggest purchase ever. why is it choosing to make this transformative deal now? what's the logic? >> what they are saying is that the data centers of the future are factories full of computers used by amazon, used by google, will be really designed in a different way in the future. and really all of the computers that are crammed into the place, they will all have to be linked together and architected. that is where the technology comes in. they make the interfaces that channel and a speed in the data between all those components and make everything work together. ♪ >> tesla re

bristow, northbound 28, earlier crash, lanes are open. 95 northbound and southbound looks okay.district, southbound 295 before pennsylvaniaavenue, have that crash hanging around. and brandywine, 301 before 5, crash on the right side this morning. looking at 95,o quantic to the beltway, nice and op. 70 miles per hour gets you there in 17 minutes.eu n? >> thank you, melissa. >>> weave breakin news right now from new zealand. e death toll has gone up following mass shootings at two mosques. 49 people are deaarand 40 people injured. they received shots fires at 1:40 p.m. local time. witnesses reportedeeing the gunman enter one mosque d a hail of gunfire followed by screams. it happened in christchurch, new zealand, on the east coast of the south island. >> cory smith is a the live desk with more on the suspects. >> new zealand's police commissioner sayhey have charged one man in murder in connection with these tacks. that man is in his late 20s and will make his first court appearance tomorrow. three other suspects were arrested. the police commissioner said one of those peoe has be

. >>> immediately kayana bristow came to mind. >> he is 15 years old, i've never seen him cry. for the first time he broke down and cried. >> he comes from a family of musicians, it was his grandfather that taught him to play. but he never had a guitar of his own. >> it is so special having this. i never would've thought i would if ever gotten anything like this. >> reporter: the side of that signature left him speechless. but it was the inscription that he took the heart. >> i will play this. it is my first guitar. and it will not be displayed, it will be played. >> ♪ >> it will empire him to keep playing and never give up. it will inspire him to keep playing and never give up. >> reporter: is hoping to take the guitar home soon. his family says he is now at the top of the transplant list. at lucille packard children's hospital, and ruben . >>> love that story. that was a great one. let's talk about another great thing which is the weather. it has been gorgeous today. take a look at some of the current temperatures. 51 in santa rosa, they hit 71 there today. first 70+ day they

boykin pleaded guilty to sexually abusing four young girls in his care at the miniland academy in bristowtoday, he will learn his he admitted to touching the girls' genitals as they came down a slide on the playground he said he took pictures of his victims' private parts using a smart watch. they found 120 images. boykin will appear before a judge later today. he could get life in prison for these crimes.s paref some of the victims are expected to come and speak during today's sentencing. they're expected to explain how the abuse affhtted their das. back to you. >> very disturbing. megan mcgrath, live for us this morning. >>> a judge in montgomery county are going to announce whether a fourth teen will be to adult court. he is one of four teens accused of raping a fellow junior varsity football player with a broomstick in a locker room last year. the judge was going to make a decision on tuesday but needed o more timeview the situation. n e three other suspects allegedly involvede incident have had their cases moved to juvenile court. >>> the trial of a man who killed a store manager wil

come on, really you're going to make us an offer that is below the market price and right now mark bristowent team at barrick don't seem to be budging and they're just saying, your proposal would deliver less to our holders than our current deal to acquire goldcorp they're trying to sort of put out this idea, we can just go with jv, put a jv together with our nevada properties and that will be fine we'll see how this develops, jim. but did want to report that newmont sport unanimously determined that the unsolicited bid from barrick is not in newmont shareholders' best interests. >> it will be the shareholders who decide >> i like the idea that what bristow is doing is he's getting away from the volatile government situation he had a situation where suddenly congolese government is saying, you're not paying us enough, the big wrap against randgold was that he only worked in the situations in the countries where gold was easily accessible, but the governments were unstable. so you get this mixture and you get a higher price earnings multiple most gold stocks don't trade on that bristol beli

the ceo mark bristow says barrick is "definitely not withdrawing its hostile bid."said they will take the offer to newmont shareholders. a profitable job of overseeing this stock in the hours after it becomes public. it is a popular job for banks because it comes with the potential of more commissions on trades. representatives of both companies design -- declined to comment. that is your bloomberg business flash. manus: to brexit. until theresaeek may has the vote in the house of commons. she has dispatched two ministers to brussels, seeking legally binding changes to the so-called irish backstop as she looks to win over enough pro braves it lawmakers in her own party. sarah is the chief economist for the americas and europe at standard chartered. i look here at our story this morning. we are going back to 1969, which is to do with northern ireland, trying to look at an agreement. you seem a bit skeptical that she's going to get anything .nough to satisfy the eu have we been too bullish on the prospect of a deal? think it is going to be tough to get the sort of con

alix: do you think mark bristow and baruch would be -- and barrick would be interested in nevada?agreement goes back, especially what he harped on in the analyst call was that they tried and it fell through the cracks. perhaps now that both companies have a little bit of skin in the game and want to move things forward, perhaps things are different. gary goldberg stepping down. people have made changes. maybe we can move forward in a different direction. alix: andrew cosgrove of bloomberg intelligence. both stocks down on the news. david: that is interesting. alix: if the $7 billion over time is real, you want that. the question is how you get it. that wraps it up for bloomberg daybreak america. this is 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. "activecore, how's my network?" "all sites are green." all of which h

we've got mark bristow who called me a sissy for not wanting to mine in africa. i why to i'll do that, too. >> fun hour. >> we missed something >> "mad money" at 6:00 p.m. tonight. s&p is down almost 24 points and the dow down 230 ♪ ♪ save like a hero with synchrony bank, and catch marvel studio's captain marvel in theaters march 8th. ♪ >> good thursday morning welcome back toes on the street. i'm carl quintanilla with sara eisen. faber is on assignment we're bouncing a touch here. down down 223 and s&p down 21 as the ecb goes dovish and cuts a bunch of forecasts >> our road map starts right there. draghi speaks. investors listen stocks extending their losses as ecb president slashes growth forecasts. >> and the canopy growth's ceo. >> and we'll speak about why martha stewart is partnering with his company >> so stocks and the euro are seeking this morning ecb president mario draghi is cutting growth forecasts, announcing more loans for banks. other steve liesman is here with all the implications from around the world. >> good morning, the u.s. central bank, a su

. >>> a forme bristow, virginia preschool teacher will be sentenced for sexually abusing his studentshe hearing.s leheck with jack taylor and your first 4 traffic. good morning, jack. >> good morning, eun. we've had accidents. it's wet, not good. 95 northbouns the del out of daley t city moved over tohe shoulder. 395 in a delay northbound after king street we had a crash. slow all the way to the 14th street. accident cleanupnl has two lanes getting by on iound 14. it's caused an early delay. not a great morning rush. >>> tonight on news 4, the diagnosis no one is ever prepared to hear, cancer. >>> doreen gentzler will show a new free app that will show tfficult and confusing questions fromhe comfort of your own home. >> we'll check your forecast next stay with us welcome to fowler, indiana. one of the windiest places in america. and home to three bp wind farms. in the off-chance the wind ever stops blowing here... the lights can keep on shining. thanks to our natural gas. a smart partner to renewable energy. it's always ready when needed. or... not. at bp, we see possibilities everywh

mark bristow and gary goldberg, both ceos, had a meeting last night.ks here. just slight movements. but in terms of the price of gold, we're seeing it higher by just a quarter of a percent. this on the back of the adp number released. the precious metal has dipped after a strong end to 2018 a good start to this year. we saw a peak this year in the second week of february. our guest host this morning sam zell, in a january interview he said he bought gold for the first time in his life you've been on this planet for awhile, so what prompted you to buy gold finally >> well, first of all, as you know there's almost a mini industry of gold bugs. i am for sure not one of them. when i went to the university of michigan and i took ckocon -- e 101, the professor had written on the wall supply and demand. well, my attitude about gold is no more complex than supply and demand capital expenditures in gold mining worldwide are near their lowest ever. and yet the ongoing demand for gold whether it be for security or jewelry or electronics continues forward. and the

>> it seems like barrick may be having a change of heart about that venture because the ceo mark bristowlk about a jv still wants to do a deal but in both companies' presentations, the shareholders seem to be getting a little bit testy. i asked if this was personal in any way with barrick's ceo. >> at the end of the day, we had been in e-mail communication until up to he took the barrick job on january 1st up to the end of january went quiet then until i saw him at the conference last week. i shook his hand as he was coming on stage and said we need to talk. and he's reached out and would like to start a discussion. >> >> so guys, they are talking -- listen. crazy times in mining. newmont trying to buy gold corp. and now barrick wants to buy newmont. who would have thought the mining gold could be a vein of riches for investment bankers. >> excellent point what's your takeaway after talking to all of them trying to figure out what is behind this the joint venture actually works. or when there's a combination, somebody loses their job to. >> they want to do out with the greenwood headquar

lacey is first from bristow, timothy -- tennessee, democrats line. caller: good morning.s far as what is to come, very little because everybody knows why he chose barr for attorney general. there will be little to come from that course. will be beating their heads off. i do not think there is anything more to come of it. he has most of his people brainwashed and i do not think he can crack it. host: on the republican line, james from walker, louisiana. caller: reuters, really? do you even have a tinge of shame or guilt for your role in propagating this attack on the president? you and your friends in the media for two years have lied to the american people about a phony russian collusion story to try to win hillary back an election that she lost and your network has been anti-trump since 2015. host: with all due respect, give some examples. forer: i can give examples your guest selection for the last three years. it has been 99% anti-trump, 1% semi defender of trump. every conservative you have brought on has been bill kristol or bill kristol junior. yourhould go to jail