jim stewart wrote about it today.eople think it should not be that large an issue, that they should be able to get the deal through. >> i think james is right. >> you'll find dissenting opinion. given time warner, at&t, now the question is this is actually horizontal merger and vertical mergers that are something that is not of view because you can't cure them according to dell rahim. >> the added wrinkle we learned yesterday, the president and murdoch spoke about what this would mean for fox this is what sara huckabee sanders said at the press briefing on thursday >> i know that the president spoke with rupert murdoch earlier today, congratulated him on the deal and thinks that to ugs one of the president's favorite words that this could be a great thing for jobs. and certainly looks forward to in hoping to see a lot more of those created. >> a skeptic of which i'm not, might say well, cnn, you know, doesn't like that and doesn't watch it according to the correction of the fake news, so-called with -- and a skeptic m

later on, pulitzer prize winner columnist jim stewart will join us for what has been a big year.tle aware of this, in di& a. a little more "squawk on the street" on the way after this. cannot live without it. so if you can't live without it... why aren't you using this guy? it makes your wifi awesomely fast. no... still nope. now we're talking! it gets you wifi here, here, and here. it even lets you take a time out. no! no! yes! yes, indeed. amazing speed, coverage and control. all with an xfi gateway. find your awesome, and change the way you wifi. decision to slow down their phones to protect battery stability. josh lipton joins us with more this morning >> kelly, apple officially now responding to what some have been calling battery gate, saying we know that some of you feel apple has let you down. we apologize there's been a lot of misunderstanding about this issue, so we would like to clarify and let you know about some changes we're making. first and foremost, we have never and would never do anything to intentionally shorten the life of any apple product. or degrade the us

for more, we're joined by jim stewart, "new york times" pulitzer prize winning columnist.ic we don't talk with you a lot about. >> i wanted to do a holiday themed piece this week i was looking at the holiday traditions and the store windows. it kind of reminded me how much of what we consider a traditional christmas grew out of the department stores the santa claus visits, the windows, the singing, the special attractions. that was all, you know, none of it had any overt commercial purpose. they weren't -- one thing i loved about the windows is they were pure fantasy. no products in there they were just meant to, you know, excite the imagination of children certainly worked on me when i was a kid. and i loved them so i went around this week, and now i see, you know, lord and taylor selling their flagship store, sure, that got me worried. i always loved the lord and taylor windows their parent company hbs also owned saks they have a big window display they assure me they're going to keep going already, you can see the trend starting they're co-branded with the hallmark chan

probably will sale through, but the sports thing is a problem. >> jim, great to have you with us, jim stewarth "the new york times." tim? >> jim talked about multiple if these guys get anything out of that, that netflix or halo effect, getting back to their own multiple, you stay in disney i think a little buy >> i would talk very short term as a trader here against 112, i would probably be taking profits. if you like it, then look to get back in at 104 it seems to be in this range, 112 seems to be the resistance >> jim mentioned the ceo of this company has to be as comfortable in silicon valley as in hollywood. cheryl sanders is on that board, jack dorsey is on that board we have to see what the next act looks like we were all speculating, remember when tom staggs, the coo, resigned a year and a half ago? wouldn't sheryl sandberg be a fabulous ceo for a company like that they're going to have to pull in somebody big, right, to kind of -- >> well, not until 2020. >> still ahead, check out shares of golar, karen's fast pitch, they're searching. >>> plus oracle's conference call just wrapping,

disney's john lasseter joining us now for more, pulitzer prize winner jim stewart. the man behind pixar sexual harassment every day. every day. there might as well be a page with that title in whatever your paper is that you want to read with the ladest implications >> i wish we could round everybody up at once, put the spotlight on it, sweep them out, and move on, but that's not going to happen. i haven't written about the subject because i didn't think it was really a business story exactly, although much of it in is in the workplace, but when i heard about the lasseter departure, i said whoa, this is kind of in a different category here because i think it's really -- he's not a household name, maybe, but having run pixar and brought disney animation back from basically near death, his importance there is tremendous and there's the studio division, you know, last year brought in a little over $10 billion in revenue, which is a big number, but the animation, it's the origin of the country, the heart of the company, the source of the toys, the rides, the getting the

. >> peggy and jim stewart have been married for 12 years but they don't share the same politics. ji jim did not. >> i still think he is staying with agenda and promises. the fight against him in just unsir mountable. i have never seen a president so fought against as hard as he is. >> what did peggy and jim get? so far their salary hasn't increased and health care hasn't changed. >> they got a man with a spine and a man who thinks on his own two feet. >> you not blame president trump at all for not getting major legislation passed yet? >> i think his way of speaking to people could have a big difference. his way of saying you are going to do this or that. maybe a little diplomatic in his conversation and presentation. >> after voting for president obama twice peggy saw hope in president trump. but she doesn't want all that he is selling. do you want president trump to repeal and replace obamacare? >> maybe parts of it, not all of it. i believe it should be a universal medical. >> you want universal health care. that's a very liberal position. >> other countries are doing it. >> an

time to get into real istate jim, thank you jim stewart. >> let's get right over to contessa brewer forpdate at this hour. >> hi, there here's what happening right now. islamic militants stormed a provincial government complex for agricultural research in pakistan and killed 12 people, wounded 35 others. police and military troops killed three attackers during the firefight. a taliban militant group claims responsibility >>> chinese officials say ten people have died in a fire in a mixed residential office building in a northern chinese port city. the fire broke out early this morning. it was extinguished in fewer than three hours one perb is being held as part of an investigation. >> pope francis hosted an interfaith peace meeting alongside muslim, hindu, and other leaders in bangladesh. he spoke about religious freedom and praised bangladesh >> hundreds of royal fans, some carrying british and american flags, lined the streets of nottingham to welcome prince harry and his fiancee meghan markle to nottingham it's their first official commitment since they announced their engagement the

. >> reporter: peggy and jim stewart have been marriedbeen m 12 years. for president trump, jim did not. both have been hoping for higher wages. >> i still think he's saying staying with the agenda and promises he gave to us during the campaign, but the fight against him is just unsurmountable. i never seen any president be so disrespected and fought against as hard as he is. >> reporter: what did peggy and jim get? so far their salary hasn't increased. their health care hasn't changed. >> they got a man with a spine. that's what i wanted. a man that can think on his two feet. that's what i like and that's what we're getting. >> do you not blame president trump at all for being able to get major legislation passed yet? >> well, i think his way of speaking to people could have a big difference and his way of saying you're going to do this, you're going to do that, this is it. >> he could do it better? >> maybe a little more diplomatic in his conversations and presentation. >> reporter: after voting for president obama twice peggy saw hope in president trum

steve cropper was in the memphis studio when redding first auditioned for stax records and owner jim stewart don't like it? i said, yes, don't move. i ran up to the control room and said, jim, you've got to come down here and hear this guy's voice. you're going to die. the hair stood up on my arm. ♪ >> reporter: "these arms of mine" would be the fit of a run of r & b hits for redding through the 1960s that made him one of the most popular entertainers among african-american audiences. ♪ try a little tenderness breakthrough came with white audiences in 1969. >> let's bring out mr. otis redding. ♪ i've been loving you far too long ♪ >> reporter: at the monterey pop festival in a legendary performance preserved in the documentary monterey pop. ♪ >> reporter: cropper played guitar behind otis that night. ♪ how would you describe the reception at monterey? >> a little overwhelming. we had no idea what the reaction was going to be, and it was unbelievable. >> yeah. otis suddenly had the attention of the pop world. now all he need was a crossover hit. >> how did he approach you with "dock of the ai

jim stewart was here saying what are we talking about here.ertical, yet you have a horizontal merger with the number one studio as well as espn and the cable - >> how does that color the advice you give to potential ceos who are thinking of buying or selling a particular industry >> i think it's complicated. i think there now are a lot more uncertainties in the system. i do think at the end of the day we do have a core system, and i think rationality will prevail do i think at&t will end up prevailing absolutely i do, just like i said last time by the way, if they don't, which i think is an incredibly low probability, then it's game over >> game over if the doj wins -- >> game over for all these media mergers because there's no basis upon which they can say they're blocking that and not blocking others but i don't think they're going to win >> will it let disney/fox go through? >> totally unprecedented totally unprecedented. >> if that were to occur, you believe that would put a lid on m & a activity overall >> in media, for sure. and in m skn

jim stewart, thank you, sir. >> thank you. >> when we return, jim cramer will join us live from the newbreaking news and explosion here in times square we'll bring you updates as we get them here are the futures right now, briefly dipped after word of what we're just alluding to and then close to the highs fothr is session. up 41 on the dow we'll be right back. take a deeeep breath in... and... exhale... aflac! and a gentle wave-like motion... liberate your spine... aflac! and reach, toes blossoming... not that great at yoga ya but when i slipped a disc, he paid my claim in just one day. so he had your back? yup in just one day, we process, approve and pay. one day pay. only from aflac >>> a man detonated in sort of improvised explosive device right here in manhattan this morning. bertha coombs joins us now with the very latest. bertha >> reporter: good morning, yes, that device had gone off in times square, stretching to the port authority bus station, about a block from the nasdaq. all of the train station is pretty much in lockdown at the moment all of the trains in and out of this a