>> we discussed tim mentioned fox. when you look at disney, it makes me also think they have competition for the bidding process, but are they the kind of content, and dohey push this more than range >> like cbs, i saw people on twitter mentioning that the stock is higher. it opens up this vertical and other industries as well if you want to broaden it out, it is not market bearish, it's bullish. >> yes, express scripts is also tightening for cvs where was the opportunity? >> i think the risk reward was better there, you say what about these, and i said the spreads were pretty big. two years ago they were all merging with different companies, right there was humana and etna, signa, and them, i thought humana was in talks with walmart at one point, rumored, i done know if that was true or not, now these mergers seem to have a higher chance of going through those spreads. >> if you're in the camp that you believe the justice department takes another case on, an antitrust case, it's one they want to win, it could make em

fox research contributor. what edward reports, the intid from comcast, we knew that this could happen after that court ruling yesterday, right? what do yo make of it? >> this is bullish moving forward. we have a real possibility to see not unlike what we saw in the 1990s with bank stocks, appeared of great mergers, great integration and better environment for the consumer. that's going to benefit from this. this is the corporate behind the scenes stuff, but these companies are going to get bigger, need to get bigger to compete internationally and it all the media stocks, including foxa was hired today. connell: right. lenore, to you on this specific deal. is that the start of things, $52 billion stock, now 60 billion all-cash. what's next, do you think? >> i think disney is going to be under a lot of pressure to raise its bid and like jonathan was saying, increasing pressure for mergers in this area. while on the one side i like the cost cutting that's going to happen, could this benefit consumers. it is a lit

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

that wraps up "fox and friends first" but "fox and friends first" continues, have a great weekend, goodbye. >> he can cut through all of the noise, all of the back and forth. >> he told me never settle for what you think you know. you are so hungry for all the facts, be just as hungry for the search for the truth. >> one of the gifts of 20 years was to become his friend. such a powerful intellect and a sweet and wonderful man all the time i was with him. >> this is a fox news alert. we remember beloved fox news commentator charles krauthammer who passed away after a long fight with cancer. >> fox news commentator charles krauthammer inspired millions over 68 years. bret baer shares his emotional tribute to his friend. >> it is my job. >> charles krauthammer, columnist, author and fox news commentator lived his life telling others exactly what he thought. >> you are betraying your whole life if you don't say what you think and say it honestly and bluntly. >> that quality brought charles to fox news channel during brit hume's tenure as anchor. >> this is not a potential tv star. he became a

if he takes the cash from comcast, he'll be left with fox news, fox sports networks, fox business networks>> he will be left with a more giant chunk of change in his pocket though. >> yes, but he won't have that stake in disney which would have left him a major player inside a combined company where he could continue to exert influence. there's a big difference here. the disney offer gives murdoch a path to being a player in los angeles, hollywood, using that hollywood side of the world to build his empire the comcast offer takes him out of the game. that's a big difference. >> he will still be a big player in the news side, as you noted it is confusing. this offer from our parent company is for the entertainment and movie assets it does not include fox news and much of the news side of the fox story. it would leave the murdoch family as a major player is there a sense in london, arash, that the murdochs are willing to bow out as you have said basically take the money and run for lack of a better term. >> i think if you use the past and the big cottage industry of following murdoch, that's

comcast is already putting in a bid for fox. fox already owns 39% of sky.hat values sky at more than 13 pounds a share at the moment. the bid for sky is already at 12.50 pounds a share. that could try but the overall bid. -- drive up the overall bid. however, it also could muddy the waters. if you've got disney and comcast fighting for fox and maybe sky, maybe they didn't decide to divide them up, maybe some take parts of fox, some take parts of sky, and decide they will not have a bidding war at all. the question is still how this will affect the value of sky. at the moment, it trades above comcast's original bid, so many are still hoping this could drive sky ever higher. emily: we are nearing the end of london tech week. what has been a standout for you? caroline: i think the standout has been the commitment of the u.k. government to technology. that was a significant prize, 2.5 billion pounds from private companies. yes, it's coming from the likes of salesforce and japan, but there is a real commitment to shine a light on the sector, and a promise for th

for fox that have concerns about fox news.at actually sat next to hannity and the other hosts and he's saying that fox is doing damage. >> and that their disingenuous, at least some of his former colleagues are. he said that fox is propagating claims of the mueller investigation being a witch hunt, but that actually most don't believe their own attacks on the doj and the fbi. >> i was really struck by that as well. i reached out to fox news for comment on this new interview. the network is sticking with what it says a couple months ago. peters is using his opinions as a weapon. they are proud of all the hosts in primetime, like sean hannity. peter's larger point is really important. it's something that's happening every single day. it's a daily attack against the mueller investigation and other attempts to get to the bottom of russia's attack on america. every single day the hannitys of the world are trying to tear down that probe and prop up trump. it's an alternative universe of information that the president benefits from a

eastern on fs1 and on fox, with iran and portugal and spain. it happens on fs1 or fox. or stream the action live on the fox sports app. this for par from brandt snedeker. >> smashed it through the break. drove it just into the rough. second shot bounded into the bunker. not able to get it up and down. had two doubles on his scorecard today. opened with a double. had one at losed rather72. he's only three back. little bit earlier tiger woods had these thoughts for the gathered media. >> we thought there were probably close to seven to nine birdiable holes out there. with the wind blowing, that changed dramatically. also, where did they put some of the pins. you couldn't get to them. so it was pretty evident nobody was making any birdies in the morning. lots and lots of bogeys and them. didn't do very in the northeast on what was a beautiful day weatherwise for the galleries here at shinnecock hills golf club. and you can see what the golfers faced and how they fared today. there's a four-way tie at the top at 1 under. we'll wrap up our coverage when we come back. ls 500.

the fox, the mouse and the telecoms giant. the battle to take over 21st century fox heats up with comcast and disney outbidding each other. danger ahead! how brazil enlists technology to combat an epidemic of crime against its huge fleet of cargo trucks. and on the financial markets in asia, traders are taking a breath from the global trade—off we saw on tuesday, sparked by fears of trade tension between the united states and china. 21st century fox's board meets today to discuss who's the best beast to buy its business. the firm is the target of a multibillion—dollar bidding war — the largest in media history — between disney and comcast that's set to shape the way we consume entertainment. let's just remind you. 21st century fox is a force in entertainment — its studios controls everything from the simpsons to the x—men and deadpool. it owns networks star tv and has stakes in sky, endemol shine and streaming firm hulu. last week, comcast launched a $65 billion cash bid for fox's assets — a bid 19% higher than a rival offerfr

let's get to the fox news alert.nbelievable, a grudge may be the motive in a targeted attack ever capital gazette newsroom in maryland, 5 people gunned down in a hail of bullets by this man, jarrod ramos, who once sued the paper for defamation. griff jenkins live in annapolis, maryland. i understand he is refusing to speak with police. what else can you tell us? >> reporter: no indication that jarrod ramos has started cooperating. he would not speak with authorities when taken into custody and at 10:30 this morning he will make his first court appearance, charged with 5 counts of first-degree murder and more about the motives behind jarrod ramos's heinous attack. he had history on social media according to the police chief of making threats against the paper in a defamation lawsuit he brought against the paper in 2013 that was dismissed. the two individuals were employees of the paper do not work here any longer so there are answers about that, officials are calling it targeted and we are learning more about the vict

disney wants to buy all of fox.sky news over many yea rs. lot of money on sky news over many years. is he prepared to sell it and will someone buy it if the answer to both of those questions is yes then the bid from rupert murdoch could go through for the one permutation, is comcast interested in taking on sky news? it already has a considerable news operation. we have not heard a lot from them as to whether they are prepared to do that but we have heard from disney and they would be prepared to buy sky news. sky news isa prepared to buy sky news. sky news is a world—class brand, it loses money, exactly how much is not clear but it has a huge number of fantastic journalists and is but it has a huge number of fantasticjournalists and is a high calibre product am not sure it would bea calibre product am not sure it would be a new us owner to come in and sack a bunch ofjournalists. be a new us owner to come in and sack a bunch of journalists. let's be honest, this is a business call. it depends on a few things. there i

for fox, 21 century fox's assets as early as today.

are you with fox news? >> you don't want to continue talking to me because i'm from fox news?say you would enter into a question with a little bit of bias. we are not blocking the public entrance. >> nobody said that. i didn't say that. >> it was implied when you phrase the question by your protest. >> reporter: i read a report that was the case. anyone else want to talk to me about the issues? >> i want you to leave. >> reporter: we got an official statement from the executive office for immigration to fox news, the immigration court did not hold hearings today. it was not available to appear, judges with hearing scheduled to the earliest available date, occupy ice in response, and we have one. in the bond hearings will be moved to a later date, obvious ice onces to use this as a scapegoat for their own failures but the responsibility for their cool detention practices remains with them. toward the second half, it was like i was a different person. the second thing with regard to open borders. don't worry about it and it will get paid for. and so many people fighting for what

fox in particular up 7.5%.disney today raised its bids for some of fox's assets to over $71 billion from $52 billion in the prior offer it comes a week after comcast offered $65 billion all cash for these assets joining us now to discuss which company he thinks will come out victorious in this fight is jonathan chaplin welcome to you what's your best guess right now? >> i think it's really difficult for comcast to beat disney for fox. but that doesn't mean that they're a loser in the situation at all what comcast is likely to do is push disney to their absolute limit on fox >> that was a big raise already. their price today, that's a big number >> i think it can still go higher i think -- >> how much higher do you think? >> comcast can probably go up to a limit of around $45. they committed to only using cash they won't issue equity. if that's the case, the limit of balance sheet capacity to them would put the bid at about $45 disney can go $45.01 there's no limit to how high they can effectively bid and i thin

>> fox needs, disney needs to say to fox, let's raise that bid.ch the comcast bid, nothing has changed. >> you think they have to match the bid dollar for dollar in >> i think they have to match it dollar for dollar to appease stockholders saying to fox, we want the higher price. we don't care of tax implications of an all stock deal you need to go at fox and get the better price >> you are not suggesting coming back with a full all cash offer that's exactly like the comcast offer? >> disney was okay with that stock deal they sold under lever in a cash debt so low. it adds cash to the bid. >> at what price would you be an investor in disney they go over, if you were a comcast holder would you be upset if they go over >> what's interesting both companies can go a long way before you hit that point. >> the upset number? >> a long way to go. we did math yesterday, say you got a $the bid is 45 40 bucks comcast and disney doesn't really them the investors into a mood of saying this is too much can you add a lot more leverage on disney. >> don't you thi

21st century fox's entertainment assets. fox has already accepted disney 's all stock offer that originally came in at about $52.4 billion when announced back on december 14 but now, as fox stock hits yet another record hyatt this hour, the all stock deal has a value more like 55 billion but it's a moving target. tomorrow the fox board of directors on your screen right now will meet to consider comcast's all cash offer of 62 billion, so it's higher and it's all cash. now, if the board likes it better than disney's offer, disney has just five days to counter, so what will disney's next bid for fox look like joining me now the analyst who scrutinized media deals for decades. >> [laughter] liz: you're the best. thank you. liz: media tech capital partners managing partner. >> thank you. liz: i don't want to assume anything so let me phrase it to you this way. what's disney's ceo doing right now, having lunch with his friends or crafting the next bid >> he's sharpening his pencil and putting his next bid together because he's not

century fox's entertainment gems. now standing at $48.25. by the way the annual high for fox stock around 25 bucks. walt disney shares still moving up about a percent but less gh now that comcast is coming in and reading a $41 per share bid. we need to tell you the president was to depart for joint base andrews a half hour ago, a nail-biter of a day on wall street for a host of reasons. investors watching the dow fight tooth and nail to stay in the green, and by the way, trying to snap a six-day losing streak. done it 65 times so far today, but right now we're not there. down 37 points. the stretchout over the past siths show the dow in the red for a year, tall needs is a gain of 19 points to scratch its way back into the green. here's your flight to quality trade for the week so far. techies and the small cap guys are making investors money at this hour. russell 2000 up three quarters of a percent. the nasdaq up nearly a full percentage point. both as i mentioned racing towards new records at the close. a handful of

plus, disney upping theante for fox.ill comcast strike back we'll discuss as the second hour of "squawk box" begins right now. [ music playing [ music playing >> live from the beating heart of business, new york. this is "squawk box. >> yeah, that's an old one good morning, everybody. welcome back to "squawk box" here on cnbc we are live from the nasdaq market site in time's square i can't concentrate with that music in the backgrounds in studio with us this morning, guest host and global ceo of global investors >> former. >> former. thank you, joe former >> you have no responsibilities anymore? >> that's why i'm so happy >> smileing from ear to ear. >> exactly >> we will hear from elizabeth on the marks and much more in a missouri let's take a look at the u.s. equities at this hour. you are looking at another new high potentially for the nasdaq once again this morning. dow features being down this morning, up, down by about 46 points this morning. then the s&p futures indicated down by just over 2 points >> snacks now u

fox sports kate is in mcow with a preview >>'m kate updo i'll be bringing you fox c sportsoverage offive of thent tour. gar are a south gate making his coaching debut as he takes charge well belgium will hope the golden generation. and remember you can lead them to their e firstr international trophy, the stay tuned for world cupaps we rec the games and look ahead to the following day two. a lot of soccer for the next month. >> dc during las world cup had the most viewers of anywhere in the natio we know soccer fans are out e.ther >>> new ap can help track cyb bullying and oh your cld's cell phone >> getting pulled over can be nse both drivers and officers. togight a vira woman has a solution, she believes could helpli save s. ♪ . ♪ ' i'm a small business, but i have... big dreams... and big plans. so how do i make the efforts of 8 employees... feel like 50? how can i share new plans virtually? how can i download an e-file? ur virtuas? zip-file? really big files? in seconds, not minutes... ike that. like everything... the answer is simple. a i'll do what i'lways done... dream more, d

now, 21st century fox is the parent company of the fox business network let's get right to susan li live in the news room with the latest details. reporter: right now, e-mac we do have an investor call taking place with 21st century executive that includes ceo brian roberts and headlines are already making the rounds it looks like brian roberts himself the ceo of comcast says he's confident in regulatory approval for buying these assets from 21st century fox. now don't forget this is the second time that we have comcast making a bid for fox's assets so the reason why rupert murdoch and the rest of the management team at fox has decided to go with disney is because of concern over regulatory approval but brian roberts of comcast says that they are fully confident in fact they might not even have to have a rehave you by the fcc which is really interesting fox shares of course hitting a record during the session up from 7% topping that stock bid from disney, and coming in with 65 billion in cash and really all of this change, right so you know this after yesterday's court ruling that at&t c

fox news. >> well, the u.s. south korea expected to announce the end of joint military drills next week. a south korean media reports that it will not affect routine training and restart the drills if north korea breaks promise of denuclearization. president trump plans to end the so-called war games after summit with kim jong un. first daughter ivanka trump two big fundraisers today joining kevin mccarthy in fresno and los angeles, they are fun raising for protect to house, action led by mccarthy and vice president mike pence and celebrations all over the world cup and apparently they got to wild it registered as an earthquake. >> looking lozano. mÉxico wins. [cheers and applause] heather: here is what happens, thousands of fans bouncing up and down after the score setting audiotape sensors in mÉxico city, well, officials say that a false earthquake was detected south of the border likely triggered by mass jumping, the mexicans holding onto win 1-0, shocking the defending world champs from germany. now, i call

on fox news, i can't wait to watch it. i've seen bits and pieces, but i haven't seen the whole thing. bret, the night after night after night, election night, primary night, krauthammer was tough on the trump campaign but also very fair. he and i got into some legendary battles on the panel in the run-up to the election, with george will, his best friend, and it was a spirited debate, was always so much fun, there. he was such a great sparring partner on the issue of rising populism versus the old bush globalism, interventionism. he loved the philosophical back and forth that i think makes "special report" such an important show to have featured him. i know brit hume was the first one to really put him on the show, and that made the difference on that panel. he really -- i know you've missed him since, we've all missed him here at fox. >> yeah. he really was a powerhouse. he loved getting into the politics. he loved engaging with you and tucker and others on the issues of the day politically politic. i tried to get panelis

you can catch all of this year's matches and extras on fox, the fox broadcast network or fox sports 1the fox sports app or check your local listings. jonathan hunt will be watching. he's in vegas. exciting news for u.s. soccer. >> yeah, it is, shep. it's impossible to overestimate how important this news is for the game of cc in the united states. las vegas, unfortunately, despite building a new stadium, is not going to be in the mix come 2026. but 17 cities across the country still have a chance of staging games. that will be whittled down to 10 u.s. cities tely. it's a huge boost for soccer here given that the men's national team did not qualify for this year's tournament. it really does keep soccer on the map front and center for everybody for the next eight years. a slight irony that this is a joint bid with canada and mexico given president trump's relationship with both of those, of course, by 2026, mr. trump won't be president inless he changes the constitution. anything is possible, shep. >> shepard: i suppose. this year's tournament, we're not in it. but aside from that, give

21st century fox for $38 a share. saying the new offer by disney is superior than the bid made by comcast. it's been big news julia boorstin has more details as well. good morning, julia. >> good morning to you fox's board announcing an amended merger with disney, disney paying $10 more per share, deal for fox worth over $71 billion. the offer now is a 50/50 split between cash and stock and about $6 billion more than comcast all-cash offer made last week. disney ceo bob iger saying on an investor call a few hours ago that the company has become more committed to this deal, particularly because of its assets including hulu and sky. take a listen. >> distribution in terms of direct to consumer distribution has actually become an even more compelling proposition in the six months since we announced the deal there's just been not only a tremendous amount of development in that space, but clearly the consumer is voting loudly that these new platforms are very compelling >> iger also saying on the call that disney's confide

search one and done. ♪ ♪ ♪ >> comcast making its bid for fox assets official. faber has the story since the ball began to roll and he joins us on the phone good to talk to you. what's important to know this morning? >> you know, i think, carl, we were talking about this yesterday, in terms of how this will play out. fox has a regularly scheduled meeting on the 20th of this month which could be a good time to figure out what they want to do from here and engage with things from the past and in addition to the $35 all-cash bid and there was certain language over the willingness to engage and talk with the behavioral structural remedy and they'll want to talk about that, but listen, 35 is the roughly $28 that the current disney is worth in its stock and so one would expect that this could very well lead to potentially what we would call a superior proposal, putting pressure on disney, of course, to come back to fox and improve its bid to buy the company and a lot of people have been focused on rupert murdoch and my reporting from previous days and weeks have indic

we will see in the coming days whether disney ups its bid or waits for fox, for fox to make an officialion. to the we were speaking vice chair at sky yesterday about why sky would be valuable to other media companies, and have a listen to what he had to say. quex it is all about distribution, so that is why sky is such a valuable asset. it has created this tremendous distribution machine in germany, italy, ireland, and the u.k.. so it is a really, really exceptional company. i am not surprised that people want to own it, because it gives you the ability to distribute your content to millions and millions of households. the platform, the international distribution and the scale, rebecca, what will companies do going forward? will they all try to get in on this offering, the international offering, we have discovery trying to do it through sports, we have this going on -- is that the play of the future? rebecca: we have seen these companies go both after distribution and content in marrying their platforms with the actual content that customers want. we have an increasing threat from netf

set to win for fox today.e is let's talk with david westin, bloomberg anchor and also mr. who follows the media. how does this change the state? it is on the same day we learn comcast will team up to get this done as well. david: it is a race. brianbetween bob iger and roberts for comcast. brian roberts was thought to be behind because of the antitrust clearance, now they are about to get, he is trying to line up more money. if this ist hurdl and the europeans eventually -- they will close the deal. they have a binding agreement now with fox. vonnie: what would disney have to do to get this? reporter: presumably disney would have agreed to some sort -- fox sports might be up for discussion because disney-owned espn, and there is some overlap. what does disney nee theyhod shareholder approval and there is no meeting scheduled, so that is an opportunity for comcast to come back. act because it does prove it is disney's point that the doj is likely to allow this to happen. vonnie: disney was the preferred bidder

your firm has $5 million of fox b and $5 million of fox a. what do you breerve, a lot of cash from comcast or would you like to hold disney stock down the road >> i will take a coin out and the give to my taxable clients what is taxed at the lowest possible pay, pay less tack, pay later, one of the greatest lines i learn 40 years ago from john malone my clients want to pay less tax and pay later. inure earnings estimate of disney of 10 dollars out two or three years makes a lot of sense and disney is going to have a strong tail wind and we like comcast. and comcast at $3 a bargain. we will make the determination but at this moment we are doing what we would always do at a great opera, that is applaud the participants and say carry on. >> mario it's scott. >> are you working overtime? >> i am. that's okay. i enjoy it who do you think murdoch wants, all things being equal >> let's assume i'm rupert and i have 300 million shares. tax guys, and they are not as deputily paid as some of the ones that rubert and others are hiring -- assume i don't p

liz: even if it doesn't win fox and comcast perhaps wins that big prize?k disney still wins, it seems that rupert murdoch is leaning more toward the disney offer of a combination of stock in cash and i think disney first of all, the purchase of fox would unite all of the character s for the marvel universe which disney i think could best maximize the value of the reason that action adventure is such a huge franchise is because those are the blockbuster movies and gross the most amount in the theatres but also, the halo effect of the licensing of toys, also the buildout of theme park park attractions and disney can maximize this the best. liz: howie my head isç spinnin, theme parks, video games, marvel characters all kinds of super heros and then of course there's the streaming which is the 800- pound gorilla. i've upped it by 200 pounds here but what is changing and who really has the opportunity to win and lose i guess. are we going to be sitting in front of our tv's in 10 years? >> well first of all a guy who grew up reading spiderman, i love this idea

, which wouldn't include fox news or fox business. it's going to make it hard for disney to ignore that rival offer from coms that now has a $13 billion better off on the table and it's all cash. and disney's is all stock. there's rupert murdock in the middle kind of happy. more after this. i'm in the kitchen. i need my blood sugar to stay in control. i need to shave my a1c. weekends are my time. i need an insulin that fits my schedule. ♪ tresiba® ready ♪ (announcer) tresiba® is used to control high blood sugar in adults with diabetes. don't use tresiba® to treat diabetic ketoacidosis, during episodes of low blood sugar, or if you are allergic to any of its ingredients. don't share needles or insulin pens. don't. the most common sit is low blood sugar, which may cause dizziness, sweating, confusion, and headache. check your blood sugar. low blood sugar can be serious and may be life-threatening. injection site reactions may occur. tell your prescriber about all medicines you take and all your medical conditions. taking tzds with insul

heather: it is june 13th and this is "fox and friends first". on the east coast of fox news alert. putting the plan in motion. secretary of state mike pompeo arriving in south korea to talk denuclearization. democrats pounce on the pres.'s progress. >> this is the weakest communiquÉ i have ever seen come out of engagement with north korea. >> what are the next steps to diplomacy? live in washington the president returning home this morning. a chilling clash between congress against the doj as the fight for transparency turns personal, bombshell evidence that rod rosenstein doesn't want you to see and talk about a baby boom, the far different welcomed 9 new additions. "fox and friends first" starts now. . ♪ live shot from new york city. i think that is a shot downtown in the big apple. a little dark this morning, thank you for joining us on this wednesday morning. let's get our top story. we have a lot happening again. fox news alert, donald trump on his way back to the us after his historic meeting with kim jong un. look at that image. mike pompeo heads to south korea to explain th

21st century fox for $38 a share.the new offer by disney is superior than th

news and fox broadcast.into a new fox which will now be taxed in either transaction. i've been told the lawyers over at fox are trying to look at the tax. but that gets to be sort of exotic it's more the final number coming in really hard on this. now we're going to have to wait to see what comcast comes back with chances are they will come back. >> and ed, i don't buy it that disney can offer less, you know what i mean? i don't buy it if comcast were going to come back at $40, would they argue that's the same as $38 does comcast have to go significantly higher >> i think at this point because we're in the tax situation, i think it really comes down to the number >> there aren't regulatory issues anymore they were arguing that it was going to takelonger. you know, they had a lot of rationales i heard put forth and just that rupert wanted to end up in bed with disney more than comcast as well >> yeah. and those are -- that's all part of the merger calculus that's an important thing to consider it's not just a

jillian: good morning to you, you're watching "fox & friends first" on this "fox & friends". jillian mele. rob and i'm rob schmitt, waiting

for fox, 21 century fox's assets as early as today. we brought in david faber here this morning to tell us what is about to happen. >> is that what i'm here to do >> that's what you're here for >> you're a swimmer. he said you have big guns. >> thank you >> you're welcome. >> i'm trying. when you getage, uh, but my able, trying to keep it together >> put us side by side not that much different. >> you're right. >> be positive >>ntitrust hell, remember all those deals? >> yeah, it's about physical condition and hair >> thank you >> and height. >> that's a problem. >> the segment's over. so what will happen? >> andrew has no time for any of this stuff but we do have three hours >> and i'm here for a lot of it today. >> i thought you were on vacation >> i was i'm back today >> same thing. >> i was hoping comcast would make their bid this morning for those fox assets a story we've been following closely. those talks between disney and fox ended up in that deal. doesn't look like comcast will come this morning, but we expect they will show

the fox, the mouse and the telecoms beast. the board of 21st century fox meets today to weigh up bids from comcast and disney. live from london, that's our top story on wednesday 20th june. 21st century fox is a towering force in entertainment, home to the simpsons, x—men and deadpool, and the multi—billion dollar battle to buy fox will shape the way we consumer our media. we consume our media. also in the programme. turbluence for air india as the government ditches plans to sell off its flag carrier. what now for the loss—making airline? the markets are starting in remarkably good heart. you would not have thought that a few hours ago because the asian markets are on the way down but now they are on the way up. the globetrotting business has changed dramatically over the years. today, it's all about personal experiences and social media! we're talking to a firm whose founders went backpacking for fun and ended up founding one of the world's biggest adventure travel firms. and should smartphones be banned from schools? one uk

get most of 21st century fox's assets, crucially you do not get fox news and some of this box sports you do get shows like the simpsons, at the movie studios that produced films like x—men, you get sky tv of cause and a significant stake in the streaming service, hulu. will comcast come up with a counter offer? i do want to say that when it comes to 21st century fox, it does have a preferred suitor, they would prefer that disney does by the company. that is because they are concerned that if comcast does have a successful bid, it could face scrutiny from us regulators, who again are wary of these media mergers that are happening in the united states. 21st century fox, which is led of course by rupert murdoch, would be more —— believes that the regulators would be more inclined to approve the sale to disney than the comcast. instagram is sharing a new feature that allows users to upgrade video is longer than a users to upgrade video is longer thana minute, users to upgrade video is longer than a minute, this comes after rival snapchat unveiled a rival feature aimed at keeping users on

we begin with a fox news alert anson said no sitting close to home for the fox family, beloved fox news commentator charles krauthammer has passed away after a long fight with cancer. is incredible legacy being remembered this morning. >> he was in a class by himself, 1-of-a-kind. >> the way he handled death is an example to a lot of people. he handled it with class. >> god gave him a giant of the mind and he used it to its fullest, to make life better and that people understand complicated intractable issues. >> the pulitzer prize winner and best-selling author touching millions with his insight across the political spectrum. bret baer has more on his fascinating life. >> it is my job to call a folly of folly. >> charles krauthammer, and fox news commentator lived his life telling others exactly what he thought. >> you are betraying your life if you don't say what you think and say honestly and bluntly. >> that quality brought him to the fox news channel during brit hume's tenure is anchor. >> this is not a potential tv star. he became a huge star on this channel and it was the force o

theirs is an all stock merger with fox. it means the battle is not com plete fox. somewhere there will be a new, huge player with a distributor and a content provider coming together. good to talk to you as always, kamal ahmed. the classic video game tetris has been a hit for more than three decades — but it's now heading in a new direction. i still play that on my phone on the tube on the way home! a veteran developer has reimagined the game in virtual reality. he's been speaking to our north america technology reporter dave lee. the music is kind of like a pulsating soundtrack that's getting gradually louder, i think. it's quite hard to hear with the convention, but i can imagine if you were sat at home in a nice, quiet room, this would be very, very relaxing. you'd be taken to a different place, altogether. it's very unique. it's a very unique games design. it's very simple, but very strong. and anybody can play. tetris theme tune. translation: it's a known fact that as far as computer technology is concerned, not everything is so good here. but as far as progra

we'll have some party for fox 5 as well offy start the summer. radar showing bl showers, couple rum of thunder coming through pennsylvania that's ao old front offthe north and will slide southward. that will try and bring u couple of thunderstorms. you'll want to watch out between, say, noon and 5:00. not everybody will see the scattered in nature. there's your hour by hour temperatures. you see highs today, once again, headed for0's, we' go 92 here in dc. tomorrow 88. we head tards first day of summer little coer. 86 degrees. >>> 4:56, metro rail lines on time at 5:00 a.m. and we're not seeing slow downs, traffic quiet flowing freely all laurel, no issues on 295 by powder mill road. if you're waking up trying to head to wo or wherever, outer loop is at speed, inner loop in college park looks quiet. we're problem-free on five, 210, questions erin@fox5dc.com on twitter keeping you updated as things continues to wake up around here. ♪ .♪ . ♪ . for so many things. it's got this creamyt of light, fluffy texture. a little bit of acidity. a little bite

there's no other obvious path for them to take other than fox and sky.i think they're prepared to go meaningfully further i think this battle hasn't gotten close to ending i think you're going to see multiple shots still fired back and forth. comcast is just not going to give up and roll over this easily >> in other wordf disney wins, you think comcast, there cannot be another deal which could get them even close to what they want to be >> i think that's the real problem here when you look at, like, european satellite. the european cable networks that sky owns the platform that they have across india there's nothing that looks like this and i think a really important point is comcast isn't doing this to catch netflix. they are really looking at this as we really like what we are in the u.s., yes, there's more challenges, there's more competition in the u.s but we'd like to replicate this model we have in the u.s. all around the world i don't see an easy path to doing that you can cherry pick assets here or there overseas, but there's no scaled acquisitio

twenty-first century fox, the parent company of fox network. close up nearly 8% yesterday. trade to the federal reserve is expected raising interest rates for the second time this year. but also some surprises for those who sat in much the entire meeting with jay powell. we will get more from our edward lorenz. >> good morning, sheryl and kristina. a quarter% of an to the interest rate to the federal open market committee would eliminate the forward guidance in their statement that talked about more rate hikes in the future and the addition of news conferences after rereading starting in january. jerome powell painted a rosy picture of the economy saying wages are rising. lower unemployment in the future. >> i think we do believe it has moved on significantly over a long period of time. it seems to be driven by slow-moving variables like the education level, functioning of the labor market, things like that. it may have moved on, to on a cyclical basis lower if the economy gets higher and higher. >> price of oil to the end of the year. an increase in inflation because of th

this is the "fox report". with house republicans planning to vote on a bill next week at present calling the gop to hold off tackling these issues after the midterms. >> the remarks during the presidents keynote address at the nevada gop convention in las vegas. >> our people are actually doing a very good job. handling a very difficult situation. this is a problem that should have been solved years ago. we are working very hard. the fact is we need more republicans because the democrats are obstructionists. they will not vote. their total obstructionists. they don't want to go. nancy pelosi, chuck schumer. they just want to use the issue. >> for their part, democrats are putting the blame back on the president. lashing out at his border policies as they tour the immigration detention centers of the heart of the debate. >> people seeking asylum should be given the rights of all those who are asylum-seekers. it is the law of the country. this is part of the trump administration zero-tolerance policy which to me

open on fox news as well as fox sports one we will be covering u.s.al report department of justice the hand i think loo of the oe. mail sever talking with alan dershowitz next live at shinnecock hills golf course predictions what fans can expect coming up. ♪ ♪ look down, look down ♪ gonna get married, going to the chapel and we're gonna get married. 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? 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 allow you to take advantage of growth opportunities... with a level of protection in down markets. so you can be less concerned

here on the fox news channel.now, bret, everybody talks about who charles krauthammer was as a writer, commentator and opinion maker. tell us what you know because you spent more time with him, probably, than anybody here at fox news about charles krauthammer, the person. >> >> he had amazing sense of humor and at the commercial break would crack us all up. his dry humor, you heard it in one liners, we will string together a bunch of them for our kicker maybe tomorrow. but he also had just an appreciation of people and their -- what they were going through. he was one of the first people who reached out to me when my son had open heart surgery. and after that, every single time he had some medical issue, charles was the first one to check in wanted a specific diagnosis what the doctors were saying. as a doctor himself, he would weigh in and he would also weigh in to tell me to hang in there. and if anybody could hang in there in his life, it was charles krauthammer. who lived his life, despite that accident, like

live pictures now from sky fox. new images here showing a large plume of smoke right now over the lake. welcome to the four on two. >> i'm heather holmes, we begin with an update. mandatory evacuations may remain in effect this afternoon. the fire has burned 8200-acre since it started on saturday evening. at least 22 structures have been destroyed and another 600 are threatened. from sky fox, you can see some of the buildings that burn. the fire has had no containment. jerry brown declared a state of emergency for the county. >> here's a look at where the evacuations are happening in the spring valley. that's northeast. carson on the frontlines today. lake county, what can you tell us? >> reporter: well, i tell you, this is really very interesting. i want to show you something. over here, you can see some smoke. that is a lot of smoke because earlier today there was no smoke there but this fire blew up around noon and we were on top of a place called the double eagle ranch taking pictures which you'll see in my vide

the 61% that isn't owned by fox. it's star india. it's a lot of different assets that are very importan comcast. which never had an international presence of any kind can. >> can you raise revenue numbers for comcast? of course. >> yeah. but look what happened to the s. it lost a quarter of its value this year. largely on the idea they're willing to lever up the balance sheet in a significant way to pursue the lon goal. brian roberts has said and will continue to say, i think, listen i built this company on acquisition by being unafraid to make the big bets i needed to make. >> right. >> he's unafraid here. of course, he has 33% of t voting stock, which always helps. and that kind of gets into a key thing here to what extent will disney, bob iger be aggressive no doubt they will be. will disney's board saying it's getting scary there, that number, and what will mr. roberts be willing to go to as he seeks to secure the assets that many people say are once in a generation at this point they're saying that they didn't say that a year ag

here's a look at your fox 5 accu-weather seven-day forecast.i showers as we get into th week, temperatures will gradually head back to the 80's where we belong. next two daydefinitely the challenge will be to stay cool. i say a #get friend with a pool. >> feeling like 100 degrees, definitely pool weather. >> coming up act local forth grader on a mission. how she's w aking to saven end endangered species on the oth side of the globe. ♪ . ♪. ♪ . ♪♪ . >>> most kids playing video games andmo catching a e. this next young lady emphasize on young doing her part m toe an mac on the other side of the world >> using her time and teaten to help prot mountain gorillas in africa. maryla maryland's gorilla hero. >> gentle, amazing, very amazing al you speak tod add debarrett sheea loves gorils and has no problem telling you why >> there's these books that i read. looking like endangered gorillas or -- telling how these gorilla >> that spish a passion inside of then first grader adi >> i got a big piece of cardboard. >> her mom took a picture, posted it on s