charlie gasparino joins us on the phone from sun valley and he has breaking news on this. i thought this was done, disney buys fox? charlie: yeah, not quite or we don't know. i mean, let's be clear here we don't know. it's obvious that there's been lots of reports that brian roberts the ceo of comcast has intentions, intentions to up his bid, the bid that disney surpassed and then it was approved the justice department for the 21st century fox entertainment assets that's most of the company except for us, but now, it's obvious brian roberts has let it known he may up that bid, he may not up that bid. the vast majority of wall street and the people here are leaning that he's going to do something, maybe bid for all with a higher bid or maybe part of it we don't know but in any event this is very interesting because we're getting this and i have to give a big hat tip to my new producer for basically breaking this story. we do know this, that justice department's anti-trust division , any deal would have to be approved them as you know, liz or at least litigated with them. the

charlie gasparino.rt with at&t, this is fascinating, you're hearing government's aversion to the media, though it's gone through? reporter: well, let's be clear, the judge leon of the federal court, richard leon blocked the government's attempt to break it up, to not make it happen. since then the at&t board approved it and closed the deal, but that doesn't mean the government can't appeal the ruling. it has 60 days from june twelfth from when the ruling came down. from our sources at fox business, d.o.j.'s antitrust division have privately decided to appeal it. the one fly in the ointment is coming from the solicitor general's office inside the d.o.j. which must approve any appeal. if they want to appeal to higher court, whether federal district courts, whether it's the supreme court, any decision that the d.o.j. lost, they have to get it approved by the shift shifter -- shifter general is putting up resistance to that. hard to roll the dice, you are rolling the dice. people inside the justice departme

charlie gasparino. charlie: talk to you soon. liz: the human stink bomb. charlie: oh, thank you.iz: good to see you. dow is up 209 points we are 10 make that eight points away, nine points away from erasing all of yesterday's losses. we'll be right back. problem & the staff needs to know, they will & they'll drop everything can you take a look at her vitals? & share the data with other specialists yeah, i'm looking at them now. & they'll drop everything hey. & take care of this baby yeah, that procedure seems right. & that one too. at&t provides edge to edge intelligence. it can do so much for your business, the list goes on and on. . . with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia. ♪ liz: let's see where we are. oh, we have erased all of yesterday's losses for the dow. we're almost there for the nasdaq and we have erased all yesterday's losses for the s&p. we're looking at a nasdaq record. i want to get to jason katz, senior directing manager, poem, for

charlie gasparino? will you let me at least introduce you, i mean, what's next? l, ge did try to put lipstick on the pig today i think the cfo has been on the tape talking about how everything but the power business is doing great. ashley: what else can they do? charlie: this is still a company in trouble. here is the thing. we destroyed cnbc on this story a couple months ago when we said that ge was considering because these continued profit and cash flow, they were considering cutting the dividend even more. the next day or two days later, david faber came out and said they have no plans to cut the dividend. about two weeks after that the ceo, john flannery came out and said they are going to adjust the dividend, as we said and the real question i think now, going forward, is how much they're going to cut the dividend and here is the -- ashley: so where is the good news in any of this? charlie: the good news is they're getting it down to a core of profitable business. bad news is they still have a cash flow problem and unfunded liability in their pension. rememb

charlie gasparino is live in sun valley where media moguls are meeting right now., you said this was coming. i don't know if charlie's microphone is on. i think it is not on. he did say it was coming. if you could hear him i'm sure he is taking a victory lap but we will get details of that story just as we work that out. david: let's give you recap what happened on incredible market day. not tired of winning rally on wall street. dow ending up more than 200 points. the nasdaq posting the 22nd record close of the year. if you have any tech stocks at all, check them out. chances are they did very well today. congrats. melissa: we'll organize things with charlie gasparino, bring him back as soon as we can. meantime confrontation on capitol hill, fbi agent peter strzok defending himself publicly for the first time. the big showdown and moments you have to see for yourself. >> i don't give a damn what you appreciate, agent strzok. i don't appreciate having fbi agent with unprecedented level of animus working on two major investigations during 2016. ♪ i've always been ab

charlie gasparino i howie: it was the largest charlie gasparino is with us. wasn't this market plunge in part due to facebook admitting it will have to spend more money to protect people's privacy? charlie: don't you feel sorry for mark zuckerberg? the bottom line is all these social media platforms are essentially free. but you do pay in other ways. you pay in the lack of privacy. anything that will cut back -- they use your user information. anything that sort of limits, that helps privacy and limits the amount of user growth that goes on to these platforms, you can sell ads to them as well. the ad metric will hurt the stock price. it happened to facebook and twitter in the same week. howie: it seems to me the company is projecting slowing growth. younger people think it's uncool so they go to snapchat. but is the market punishing . . down, the ad revenue will go down therefore your stock is not worth where it is now. this may change. facebook may come up with a new app that increases user growth. i can say the same thing about facebook and twitter. it's al

. >>> all that and charlie gasparino in the chapter of the cbs les moonves soap opera. let than an hour to the closing bell. let's start thedown. . liz: we are going to get to the facebook images in just a second. we begin, though, with breaking news. california firefighters are currently still battling what is now one of the most destructive wildfires in the state's history. here is a piece of good news we're getting. calmer winds are allowing first responder to bring the fire to what we're told is a 23% containment. still there is a lot of work to be done. firefighters are warning that triple-digit heat and dry vegetation could cause the blaze to come roaring back at any moment. it's the carr fire, c-a-r-r, destroyed more than a thousand buildings and structures. 37,000 people forced to evacuate. at this time yesterday, it was nowhere near that number, and at least 6 people are dead, 7 others still missing. we'll bring you the latest. it is a horrific situation there. more information for you. >>> let us go to the markets, turnaround tuesday on wall street. all ending

charlie gasparino joins us now with exclusive details what to expect. charlie?n i can't tell you what will be in the numbers because i'm not inside of the commerce department, which releases these numbers but i can tell you what they're saying in trump administration and what president trump is saying. following our report earlier today bond yields spiked a little bit. shows you the markets are starting to price in higher economic growth government is predicting. here what we know from people spoken to president trump. he is expecting second quarter ggp growth to grow at 4.8% clip. that is pretty hefty if you think about it. last quarter we were at 2%. during the obama administration, last time we had something like this was back in third quarter of 2014. we should have a whole story on this on foxbusiness.com where economic growth hit 5.4%. but remember growth went down during the obama administration. he basically had average economic growth, not higher than 3%. what we're going to get coming out of this report on friday, again this is predictions from inside

plus, last night charlie gasparino caught up with the at&t chairman and ceo who told charlie he's not that worried that the justice department officially announced as charlie said they would that the doj will continue to fight his merger with time warner. now the ratings agencies are sounding an alarm. charlie just landed. he's back from idaho. as soon as he deplanes, we will get him on the phone as at&t stock is falling. prid the -- friday the 13th not so terribly scary, the markets are mixed but they are headed for weekly wins. put away your 13th whatever they are superstitions. come hang out with us. let's start the countdown to the closing bell. >>> breaking news, crude oil prices have paired the gains they were seeing earlier. that's why we've got an intraday chart on your screen. you see the spike just at the close. well, now you can see we've seen a fall. those gains while still to the upside by just 2/3 of a percent have kind of disappeared following a report that the white house is now considering a sale of oil from the strategic petroleum reserve. you know, we call it the sp

charlie gasparino is all over it.will give us a details after the break. >>> the face-to-face meeting is over so now what's next? trump and putin, all the rest of it. it is coming up. don't go away. >> militaries do get along. in fact our militaries gotten along probably better than our political leaders for years. i'm a four-year-old ring bearer with a bad habit of swallowing stuff. still won't eat my broccoli, though. and if you don't have the right overage, you could be paying for that pricey love band yourself. so get an allstate agent, and be better protected from mayhem. like me. can a ring bearer get a snack around here? that's the same things i want to do with you. it's an emotional thing to watch your child grow up and especially get behind the wheel. i want to keep you know, stacking up the memories and the miles and the years. he's gonna get mine -but i'm gonna get a new one. -oh yeah when it's time for your old chevy truck to become their new chevy truck, there's truck month. get 18% of msrp cash back on a

charlie gasparino is breaking major stories from the conference. he joins us with the very latest. charlie. >> fox business has learned that i have not been thrown out yet. david: we'll start with that we were worried about you. >> i know donald trump hates anonymous sources but i'm going to say, mr. president, sources are on the record saying this, that i have not been thrown out of this conference. david: anonymous source, charlie, you revealed yourself. >> that is what i'm saying here. here is the deal here, we'll quote on some anonymous sources of deal-making going on here. as we reported today everybody thinks that the at&t-time warner deal is done deal that judge leon, approved it, blocked trump's attempt to break it up. not so fast, what we learned today doj definitely wants to appeal that deal. there is one fly in the ointment for them to do it, the head of the antitrust division wants to appeal it, they are resisting that appeal. that is where it is right now. they have until august 12th, 13th, essentially 60 days after the ruling to appeal the case. so there is a battle in

in an exclusive interview with her very own charlie gasparino, at&t wendell stevenson reacts to the justice department's plan to appeal a decision to permit the merger with time warner. "fbn:am" starts right now. 5:01 a.m. in new york on friday, july 13th. i'm gerri willis in for lauren simonetti. gerri: good morning, everybody. i'm cheryl casone. gerri: a lot of headlines to get to. sandhurst military academy with british prime minister theresa may who he is fiercely criticized in an interview with british newspaper the sun. the president calling out may for not taking his advice on how to handle brexit. gerri: blake berman with the latest on the president's visit. >> jerry, cheryl, good morning to you. it all seemed to be going pretty well. he landed here in the u.k. and ended up going to dinner with this prime minister theresa may, her spouse as well add an event in the countryside palace. all this circumstance a president could want. and in every drop that the president had done with the sun here in the u.k. and as the sun put it, it could pour nitroglycerin rain on the political situat

charlie gasparino joining us now with exclusive details on what people are saying is going to happen rom within the white house and for all they could be making it up. this is what they're telling us what might happen. we should point out that president trump has told people he expects 4.8% economic gdp growth for the second quarter. his more sober economic advisors are talking that down saying 4.3 , 4.4% economic growth. liz: still great. charlie: but there is some people in the white house that said don't be surprised if this thing pops up above 5% and why do they say that? it's a few things break their way, the only way these things are measured it's kind of funky including the fact that if a lot of businesses have bought material worried about a pending trade war, they would stockpile and speed up the purchase and put it into inventory. that could add to gdp growth, so that's one of the factors that they talk about and so they're saying listen. the president has his number 4.8 , i think people like larry kudlow would have their number around 4.3, 4.4, he is his economic advise or

let's bring in charlie gasparino, the man who's been on this merger mania from the beginning.alley coming up -- sun valley coming up. you're packing for that. get the suitcase -- >> you know, dudes pack, you know what i do? one change of underwear. cheryl: yeah, it would take a huge suitcase, but you're going to be there. >> i guess our boss, mr. murdoch, bob iger who runs disney, bruin roberts who runs -- brian roberts who runs comcast, that is going to be on the agenda. does mr. roberts one-up his bid, you know, try to beat the disney bid which, obviously, has regulatory approval, his doesn't. how much does he bid, does he bid for the whole thing. i moved our stock down 2% earlier in the week when i tweeted out -- cheryl: thanks. >> i know, sorry. just ruined your retirement nest egg. but when i tweeted out that disney bankers, okay, the disney side -- take it from the source -- were kept can call that brian roberts was actually going to put together the a package and bid for the whole enchi lad a da and put $47 a share -- rich greenfield from btig, the really good media ana

you have been listening and i believe we are having charlie gasparino in the chair as well. coming what you thought of the speech in the 50 states that, of course, he has represented with 50 different made in the usa products. >> as you say, i think anything that averts a trade war and seriously trying to fix things, then we will be in good shape. a trade war will benefit nobody. we will get hurt. the whole world will get hurt. i don't think you can put the genie back in the bottle. i don't think you can say after 20 or 30 years of free trade that you will go back and protect yourself because all of our products are completely intertwined by products that come from all different faces-- places in the world whether it's hardware or chips or software, people have plants in our country we have plants in their country i don't know how we see this. liz: the modern supply chain think what you are saying is all of these 50 companies and let me read some of them with arkansas' ranger boats. you have lantern lighting out of arizona. moon pies, we call them pies and they are made in a

charlie gasparino is going to have the game on this entire story.about to join us with the latest breaking details, next. what about him? let's do it. ♪ come on. this summer, add a new member to the family. at the mercedes-benz summer event. lease the glc300 for $429 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. liz: breaking news, the president has just tweeted from air force one, "as i said today and many times before, i have great confidence in my intelligence people; however, i also recognize that in order to build a brighter future, we cannot exclusively focus on the pastas the world's

charlie gasparino, guess where he is? at the sun valley conference going on right now.k about someone who could be a really debbie downer at that media fest, they avoid him like the plague but he's the best in the biz. charlie, what are you learning? >> i'm learning i haven't been thrown out yet. neil: but you are outside. >> listen, sources have confirmed to the fox business network that security here at the sun valley, allen & company conference in sun valley despises me, charlie gasparino, i confirmed that through anonymous sources. anyway, we're breaking a lot of news out here. and the latest scoop we got, i would love to take credit for it, my producer lydia moynihan who came up with this, apparently sinclair, the big broadcasting group that's trying to buy tribune and company stations to be a mega -- probably one of the biggest broadcasters in the country, more than 70% of all households. mostly on the local level. tomorrow as early as tomorrow likely to get the first step to getting that deal approved by the tribune stations, and that's approval by the d.o.j.'s a

charlie gasparino has latest on one getting a good deal of attention, charlie. >> right. last week, neil, it looked like a positive for the sinclair decision to buy the tribune networks, making it one of the biggest media powerhouses in the country. we heard from sinclair essentially tacit doj antitrust approval. today the deal is stopped short in its tracks. some people saying it is all but dead. now we have the fcc, federal communications commission opposing deal, has serious concerns the way the deal is structured. whether it violates law. let's back up a little bit. you can have doj approval and fcc disapproval and deal not going through. what we essentially have. fcc saying opposed to it. doj backing off any official announcements our sources are saying approving the deal. we hear if the doj had to decide today it would be a jump ball. for intents and purposes this deal is dead. here is the next step. there will be a hearing. when fcc schedules a hearing amid serious doubts for a deal, usually not good news. a lot of these deals die in the black, black hole of an fcc

charlie gasparino. charlie?want to say we also have major breaking news here about a fan of yours, and neil cavutos. i met him last night. he's none other than the great yankee lou panella. liz: you're kidding. charlie: i'm not kidding. liz: what i didn't hear you say it again? charlie: yeah, he loves you and neil cavuto so just to be clear here this guy just doesn't watch fox business for the commercials and you know our commercials are the best buy the way. liz: [laughter] charlie: but he does watch it for the business news, for the trading information he's an avid day trader and he loves you and cavuto. lou panella, the great yankee so i'm third fiddle to you guys. liz: well he had to say that. charlie: i'm just saying i got very good complements last night from lou. liz: cool tell him to visit us. charlie: i did as a matter of fact. he's happily in retirement played a long time in baseball was a manager for a long time lost his temper a bunch of times one of the nicest guys one on one and he likes staying ho

here is what he told fox business network senior correspondent charlie gasparino last night.listen. >> we've broke it yesterday that they were thinking of doing this, meaning they will try to break up the company and the breakup of merger. what's your thoughts? >> i don't think people are surprised by filed an appeal to the loser has an opportunity, right to appeal. that's what they've chosen to do. the judge wrote a very thoughtful, reasoned, thorough order and so we feel good about the appeal. no surprise. >> if you're a shareholder, how should you feel about this? it's technically two different companies anyways. the merger as it is. >> the merger is closed. we're executing right now. >> would you take this to the supreme court if that's where it goes? >> of course, but we don't anticipate that. >> there's a lot or consumer left-leaning judges. could you have a difficult time there? >> no, we don't angst filled. it is based on a long and we've been to the court wants and we've got an order based on the law. we don't anticipate much. >> how long will this go on for? >> i ha

our very own charlie gasparino spoke to the ceo of at&t who said he's willing to battle the feds. charlie: there are more left-leaning judges. could you have a difficult time there? >> i don't think so. it will be based on the law. we have tboant court once and got an order based on the law. so we'll take it to the circuit court. we don't anticipate much. >> damn straight. the two companies are in the early stages joining forces after the original judge in the case said the merger would not violate any anti-trust laws. coming up, president trump and breaking news from the u.k. wait until you hear what the president said it's shaking things up across the pond. alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? you got a1c, heart, diet, and exercise. slide 'em up or slide 'em down. so let's see. for most of

. >>> charlie gasparino will be back with us very soon here.t he is reading on comcast closing shop as far as picking up any of these properties back and forth between disney and twentieth century fox. there is that google $5 billion fine. so tech and entertainment, they're kind of joined at a weird hip here, after this. with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com our phones are more than two, just phones.k up. they are pocket sized personal trainers... last minute gift finders... siri: destination ahead. and discoverers of new places. it's the internet in your hand. that's why xfinity mobile can be included with xfinity internet. which could save you hunreds of dollars a year. plus get $150 when you bring in your own p

liz: according to our own charlie gasparino, this fcc is throwing a big monkey wrench into the st.e and tribune merger, saying concerns about 4 billion dollar deal, calling for a legal hearing. and tribune media stocks. another company facing problem, uber investigated by eeoc for alleged gender discrimination. probe beginning last august, looking into company's hiring practices. and pay disparity. they want to go public next year. they have 5 or 6 probes. >> coming up, president trump attacking mueller. blasting away that the probe is getting in the way of better u.s. and russia relations. and a invite that is ruffling feathers, details coming up. ♪ a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave. ♪ add-on advantage. discounted hotel rates when you add on to your trip. only when you book with expedia. so, my portfolio did pretthat's great.year. but the market was up nearly twice

charlie gasparino has exclusive for you that you won't hear anywhere else. ♪ ♪ dear foremothers, yourty was led by a woman, who governed thousands... ...commanded armies... ...yielded to no one. when i found you in my dna, i learned where my strength comes from. my name is courtney mckinney, and this is my ancestrydna story. now with 2 times more geographic detail than other dna tests. order your kit at ancestrydna.com. has your best interests in mind? well if you don't, you're not alone. but me tell ya', for the past couple of years i've had the great pleasure of catching up with dozens of people 50 and over who are actually customers of the aarp auto and home insurance program from the hartford. and i've gotta tell you, if there's one thing i've heard time and time again, it's that people really trust the hartford. i guess that's why they've been voted one of the world's most ethical companies 10 times. - the thing that impressed me the most about the hartford was the customer service. everybody i've ever talked to it's like i always get through to someone and they're always helpful

the read from charlie gasparino, deirdre bolton and nyc council minority whip along with deneen borellident were to succeed in changing the equation, mutual disarmament, what do you think of that? >> isn't that the stated goal of everything he's been talking about since beginning on the campaign trail. >> i had no idea what his goals are, it always changes. >> talking about fair and reciprocal trade. frankly, i think you saw angela merk merkel blinking. neil: would he blink on the 25% tariff on light vehicles? >> talking about certain u.s. industries, if you protect certain u.s. industries like steel, that are highly automated, you're going to increase tariffs, right, on foreign manufacturing, and hurt u.s. manufacturing in other areas, so remember, trump's trade, sort of philosophy is constantly in flux, almost contradictory at times and, of course zero tariffs would be great. he's not starting from there, he's starting from putting on tariffs. neil: the force fact, and force that issue. >> and driving the wedge between our european partners and us which we need to combat china. >> one

judge's ruling allowing at&t to buy time warner but at&t ceo randall stevenson tells our own charlie gasparinoes nothing. listen here. >> nobody is surprised they file the appeal. looser always has the opportunity or right to appeal. that is what they have chosen to do. the judge wrote a very thoughtful, very reasoned, thorough order, we feel really good on appeal. >>> merger is closed. we're about executing right now. we're past all of that. this is in the lawyers hands until it goes through appeal. trish: susan li at nyse with more. susan what are traders saying about this? do they think the government stand as shot at changing the outcome? >> it was shocking, i'll tell you that, at the end of the day yesterday. this is despite the judge's ruling as randall stephenson pointed out in definitive ruling that the merger benefits the consumer, that this might mean lower price notice future as well. look at stock, inherent regulatory risk, down 2%. we got approval for the fox-comcast, excuse me, fox 21st century disney dial. that is not getting impacted. sends a message to the market, any further

charlie gasparino has been all over this and maybe can clear up some of this.usa today" said he was previously suspend and and previous alert said, a decision has not been made. the next tweet, do you like your cheesecake plain or with toppings, because apparently today is national cheesecake day. >> i don't thinkless is in a mood to be eating cheesecake. connell: probably not. what is going on? >> we reported exclusively on foxbusiness.com they are grappling with to suspend him. they jumped the gun on the headline. that headline may be true by the end of the day. what our sources are saying last 24, 48 hours are this, they are weighing what to do with him. charges according to cbs insiders believed by the board they are compelling. all you have to do is read the story. people are on the record. les moonves is essentially on the record confirming i guess you could say boarish behavior, not sexual abuse, he said he came on to women that were norm nominally working for him or trying to get jobs. connell: the way he said he it whatever took place didn't affect the

go to charlie gasparino. he is hearing whispering how potentially the second quarter gdp number could be on friday. what are you hearing, buddy? >> i give you a preview from what the white house is saying. yesterday we exclusively reported president trump's economic advisors are looking at 4.3, 4.4% gdp number. trump himself told friend and associates, that would be 4.8% growth. those would be fairly big number. i'm talking to white house officials who say if certain things break their way, meaning some of the numbers, how they are adjusted, how they look, they could have economic growth above 5% that could be the print. this isn't written in stone. this is what the people inside the trump administration are telling people. telling me exclusively. i'm not saying i'm endorsing it. i'm not saying he should trade off it. they're setting extremely high expectations what will come out on friday. of course these numbers are not written in stone. these are two people are saying. we won't know until about 830, commer

charlie gasparino is in sun sun valley, idaho where media moguls and tech titans are gathering. >> i'my job here, what are you talking about? trish: you're always doing your job. you're always working those sources. >> i mean listen r. trish: even with shirley temples all around town. >> we won't talk about gary cohn in this hit. by the way he is not here. rupert murdoch our boss is here. bob iger, the gentleman who wants to buy, who runs disney, who wants to buy our entertainment assets is here. brian roberts, ceo of comcast, who wants to break up possibly that deal. we got bidding war for those assets, talking about, for sky, plc. fox to put in a bid to buy all of it. if it buys all of it, and disney deals goes through, it transfers to disney. here is the fly in the ointment, comcast a lot of people are talking about, my sources likely to up the bid, try to essentially outbid fox for sky as part of its sort of grand plan to rebuild and buildout comcast. now here is the interesting thing. everybody believed that this conference that the deal for comcast, buying our assets engaging in

charlie gasparino following this. >> it's been this way throughout the entire saga with mueller and trump anything that goes to trump, cohen maybe having tapes, if he has one, doesn't take a leap of faith that he might have ten. >> neil: explain that. this is a president that is very good for wall street. he's done well for the economy. the last thing you want is some uncertainty. >> he's done some bad things for the economy in wall street canadianing the trade stuff. the sanctions and tariffs. >> neil: potentially. >> anything that speaks of uncertainty hurts the markets. listen, you said it before, this is very weird. very strange. this just got stranger on twitter right now where al sharpton, you know who he is, is having some meeting with michael cohen. michael cohen is saying no one better to talk to than al sharpton amid all of this trouble. so this is going to keep getting more and more uncertain for the markets. you have to ask yourself, he probably has two or three or four. that unknown is what drives the markets crazy. >> neil: thanks, buddy. trying to put it out there and get w

cheryl: charlie gasparino, thank you very much. take a quick break we'll be right back. with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com but what does it take to bridge the distance and keep them connected to family, home and country? what does it take to strengthen our service members so they can be the greatest force for good in the world? it takes a force . be a force behind the forces. give today at force dot uso dot org cheryl: let's take a look at your markets right now the dow is pushing session highs the high was 197 we're up 169 right now s&p sitting at session highs nasdac is up by 84 let's bring in mark matson, we've got lower volume today about 25% below average, mark but we still have some strong nu

our own charlie gasparino is in sun valley, idaho, where all the media titans are.t are you hearing there? >> by the way i listened to your broadcast, i don't have any opinions, just one of the nobody at fox has any opinions. i don't have any opinions. the media people here have no opinions. just thought i would go there for a minute. here we have an interesting scenario where media ceos are actually snooping around, trying to find whether brian roberts of comcast is meeting secretly with bob iger of disney to see if they speak about the massive amount of deals going down here in sun valley. whether comcast is going to put a bid in for the 21st century fox assets going to disney. whether they cut some deal with disney, basically they divide up the fox universe. comcast gets sky. disney keeps the fox assets. so that's what people going around here. they're basically following those two to see if they're talking. we should point out we ran into mr. roberts. he had no comment on this. no one has seen them get together. that is sort of stuff going on here. if you look i

. >>> well, he may not be back from his italian vacation just yet, but charlie gasparino has sent us latest in the bidding wars sister fox business' parent -- for fox business' parent company. according to gasparino, disney bankers are growing increasingly confident that comcast not issue a bid for all of 2 21st century fox due to concern over shareholder leverage and price the d. of justice has already ruled in favor of disney's bid. we will bring you any updates on this story as they happen. >>> now to the white house. the pro-business president being challenged directly by america's largest business group. the u.s. chamber of commerce launching an anti-trump trade offensive today complete with a web site called the wrong approach.com. be it shows state by state the impact of tariffs from china, the e.u., mexico and canada. the chamber says $75 billion worth of u.s. exports are at risk with the state of washington taking the biggest hit, a $6.2 billion hit. louisiana not far behind at $5.9 billion. california coming in at $5.6 billion. the campaign also comes complete with personal

remembered charlie gasparino telling us this hour yesterday that the second-quarter economic growth coming out friday was top 5% according to his white house sources? do the nations top manufacturers agree? blakemore at is here to tell us if he thinks the same economic picture that the white house is and thumbs up, thumbs down facebook about release its latest rounds of quarterly earnings "after the bell" with concerns of mark zuckerberg at the helm. we have the good, the bad, the ugly and the future. plus, have you seen bitcoin? it's on quite a roll with earnings coming in fast and furious and while general motors had a terrible session today. less than an hour to the closing bell. let's start the countdown. ♪ spiegelman to get to the breaking news and we have a bifurcated story that's actually half of one and six-- 601 and half a dozen of the other. what you sell a template of your green is what we are waiting for a second state mike pompeo said to appear on capitol hill to be interrogated by the senate forces interrogation can many on what really happened during president trump's meetin

charlie gasparino is in the newsroom with the latest details in the saga as well as the new details on this continuing regulatory wall facing the sinclair tribune deal, a wall put up by the government, right? >> right. we should point out that the comcast news isn't really news. you know why? because we at fox business reported, i will say, july 2nd, lizzie, that bankers close to the deal said that comcast was going to back away. they believed comcast was going to back away from bidding on all the 21st century fox assets going to disney and settle on a smaller shiv. and that's what they confirmed today, that they are backing away from the bigger deal, looking purely at that sliver which happens to be sky news, the british broadcasting company that is owned partially by fox. and fox is trying to buy the whole thing so it can transfer it to disney. that's going to be where, i guess, the battle, the bidding war's going to go on. not for those assets. even though comcast put in a bid for it, disney upped the bid, and then came the notion from comcast that if they really want to play a bidd

dagen: charlie gasparino good for pointy%. >> one thing i'll say is there's evidence from sources like the facebook that retailers are passing through higher prices on certain goods. we seem retail stocks rally so much so with not affecting things much. the other thing i'll say is that and i'm not from the political world and the financial guy. the thing i keep noticing his face. president trump same things that will play to his core audience going in november. they're not saying they're analyzing debris of a trade deal or not. they are saying tomorrow ahead of the european commission coming to the white house. jean-claude juncker. those europeans are cheating us. don't make a deal on top of the tariffs. you don't win elections by making nice with the guy from luxembourg named jean-claude. [laughter] that is the political reality i see. like it or not, that is what trump is planning to. >> i think you're exactly right. dagen: as my eyes start watering because this was hilarious. the house republicans are working to try to make the tax cuts permanent. the senate have dug their heels in.

charlie gasparino in washington with more. charlie. >> caught me in middle of a yawn.ored by your broadcast. i didn't know you were coming to me that soon. sinclair is pulling part of the application with the federal communications commission. we understand part of that thing will be pulled, readdressed. they will basically amend the way they are divesting from certain stations to address the fcc's concerns which by wait, didn't just put a damper, almost culled this deal to buy tribune, which would create, if they could buy tribune, one of the biggest broadcast networks out there. a broadcast network, would compete with our more right-leaning conservative programing. that is what they were trying to do. fcc said no on the divestiture plan. charles, in the media world this is a big deal. sinclair was looking to literally compete with fox news, cnn, msnbc, you name it. they were doing it on the local level to get penetration of 70% of all, all homes on a local basis and on top of that feeding it with some conservative commentary. the fcc divestiture plan, they had to div

charlie gasparino is backs. better part of two weeks in italy. >> i brought you a present.hink, this is kind of like something richard simmons might get you, this is the gym i worked out in. neil: say -- >> by telestra. i can't wait to see you in this. i bought one for you, bought one for ralph, and for charlie brady, because i know you guys work out together. neil: we do. obviously ate a lot of oil-for-food program there, what is this i'm looking -- good food there. >> that is me looking like brutus. neil: sure, things didn't end too nicely for him. this is great. you were not at the venetian in vegas. >> i tried to get my wife. working out every day. neil: look at you. >> that is a mountain town in italy. i found a jim -- gym every place. neil: because i was early. i had jet lag. not the -- neil: what is this? >> that was in venice i believe. that was vincent and some cookies. eating like crazy. >> that is me in florence. neil: that looks like a bad sopranos flick. you had a wonderful time. >> it is beautiful. makes you proud to be italian background. the renaissance star

charles: media executives gathering at the sun valley conference, and charlie gasparino in the thick of it. all right, charlie, what are you hearing? >> in the thick of it as of now. i could be thrown out of this conference any moment. i want to get that out there, charles, as i was a few years ago. police force here is not too happy that i'm trolling around. anyway, lots of talk about media deals and lots of talk how the government is going to respond to media deals. we picked up speculation, which we have confirmed now, fox business has confirmed that the department of justice, as i know, happy to review any deal. they're already as we reported yesterday reviewing comcast possible higher bid for fox. whether that passed antitrust muster. we are looking at that now, we exclusively reported that yesterday. here's something interesting, d.o.j. lost the case to break up at&t-time warner deal. when that was approved by judge leon, that ushered in the comcast bid and possibly other merge or the beyonds that, hey, this is established precedent here. we could go crazy with deals. what we've

entrants now, the 21st century fox was a big thing going on at the sun valley media conference for charlie gasparinos on the phone and telling us the latest. charley. >> until i get thrown out of here. listen, dealmaking is the hot topic here at sun valley conference. no doubt about it. a bunch of deals are in the works. comcast, and i'm just getting my feet wet right now, as we make it more later. this has been the source is now here and even the executives, investment bankers are expecting comcast to put in a bid for all of part of the assets. brian roberts is not on the phone with me. let's make that clear. this is going to make the bid. one of the reason they are saying that is a story that broke about how he was going to preemptively have the deal ready where he would sell off the regional sports network to private equity. what does that mean? you would have to divest from that anyway. he knows that because of the overlap. the doj, antitrust division. we are going to get rid of this. it will make the regulatory approval a lot easier. that is what people are saying. there is one other thing that

charlie gasparino. maddie, i think it's safe to say a war is on.ow, it could be a short war, but it's on, what do you think? >> well, i think that the chairman is doing his job in not trying on politician of the nature of the trade skirmish, war, whatever verbiage you want to use, there certainly is a conflict here. now, all of this is happening against a very strong economy, we certainly can't refute that and going into the summer there's going to be -- there's a lot more financial news coming, earnings report that are coming in the next couple of weeks that are going to show business activity in the united states that generally would be source of optimism but because this is all happening at a time when uncertainty has been injected, the question is what does the outlook look beyond that. powell is really trying to create an environment in which no matter what happens, the fed can take a measured response if any, but really his job right now is to try and keep there from being expectation's game, set only on the notion that trade is going to be t

charlie gasparino has exclusive news. >> still has a job and still maintaining his public profile.urces tell fox business network he plans to speak during the company's earnings call on thursday. there was a huge question mark as whether les moonves the ceo, amid this investigation, now an internal investigation into allegations made in the new yorker about sexual misconduct. there was a huge question mark as whether he would go before the analysts as he usually does. charles: right. >> usually is answering questions about earnings and you know, maybe, new shows coming up that is that wit be quite a different scenario, amid allegations and investigation. we understand, now, i say plans. why is that? because something new comes out, they may change. charles: sure. >> as of right now he plans to be on the call. from what we understand his advisors are prepping him for the obvious questions coming up his future, about the investigation. i'm not sure how much he will get into it. there is easy way, i can't talk about it amidst the investigation and move on but they are prepping him abo

charlie gasparino had a spot-on column in today's new york post about the way the president has handleds to deal directly helping with the farmers and providing 12 billion in relief and mixed messages, the bottom line is what you do for one group, you do for other groups that are hit hard by what's happening right now. charlie is here, great to see you. >> tariffs are the greatest. i can hear him say that, can't you? >> i see that. they're the greatest. >> okay. neil: james cagney, they're the greatest. the greatest. [ laughter ] >> be careful what you wish for or help out here. >> listen, there are times when you really think that president trump is not -- i don't mean fit for office in the sense he's a madman, but that he's not intellectually to carry out the job. i mean this as he doesn't have the experience, he doesn't have the knowledge, he hasn't read enough. what he did yesterday was so dumb, it defies logic. neil: which specifically the farm? >> the farm thing, he imposes willy-nilly tariffs across the board. not focus on chinese stealing intellectual property, not dealing with