john malone wanted to be part of that. who knows? maybe comcast will by john malone's company. orit going to be the telcos the cable companies? >> that is a very good question. this is a capital-intensive industry. emerging from the wire-line broadband information highway and the wireless information highway. this kind of device can get with wired or wireless broadband. either way, and ipad is an ipad. what people care is how the ipad or iphone can function seamlessly -- >> and fast. fixed-lineast, only broadband could provide high-speed internet for this device. now wireless is becoming very powerful. there will be alternatives. >> and that is the revolution right there, what wireless is able to do without the fiber. that raises the question of the velocity of wireless and how good it is. you have complained about the carriers here in terms of -- they are not innovative, but you say they have a faulty system. network andy slow you get disconnected all the time. it is poor quality. it is just poor quality. i think there is a way to fix it. >> how would you fix it? first, i need

john malone wanted to be part of that. who knows, maybe comcast will buy john malone's company. to be the telecos or the cable companies? >> that's a very good question. this is a very capital-intensive industry and emerging from the wireline broadband information highway and the wireless information highway, right -- >> charlie: right. -- and guess what? this kind of device can get connected with a backhoe of wireland or wireless broadband. either way, the ipad. so what people care is how the ipad or iphone can function smoothly -- >> charlie: and fast. -- fast, right? so, in the past, only broadband could provide high-speed internet for this kind of device, but now wireless is becoming very powerful. >> charlie: and that's the revolution there, what wireless is able to do without the fiber being down. >> right. >> charlie: and, therefore, that raises the question, too, of the velocity of wireless and how good it is because, i mean, you've complained about the carriers here in terms of -- not only are they not innovative but you say they have faulty systems. >> yes. very, very

as he lost financial magic question mark who is john malone? why is he important?ly one of the fathers of the u.s. cable television industry. forefront folks in the cable business, along with the roberts family of comcast. he was a big consolidation of the cable industry in the 1980's and the 1990's. he sold out to at&t. he shifted his focus at that point over to europe, and has now been effectively consolidating the european cable and telecommunications business through liberty media. he has been very active both here in the u.s. and internationally. >> is he missing these deals, or is he lucky he is missing these deals? >> we have to see. it was a very audacious bid on behalf of charter communications, of which john malone and liberty on 27%. a bid for a relatively small cable company to make a bid for time warner cable, which is about three times the size of charter. what he did was really kicked off another consolidation wave in the u.s. cable tv business. he did not get the deal. >> as you know, michael eisner made a wonderful career of the deal to did not do.

john malone is changing course -- liberty media is dropping its bid for sirius satellite radio. retary of john kerry is meeting with his forian counterpart to press an end to the crimean conflict in the biggest dispute between the country since the iron curtain fell. ryan chilcote is inside of the russian ambassador's residence in london. crimea is holding the referendum sunday. what are the two sides looking to accomplish in this meeting before then? to break the impasse right now and try to find some kind of solution to the conflict in ukraine that is mutually acceptable. discussions.h-hour it is difficult to figure out how they could actually come to agreement, but the russian foreign minister is said to speak here in the ambassadors residence in london in about a half-hour. he is meeting with the u.s. secretary of state right now. i spoke with the secretary of state earlier in the day and he told me he is looking for a way to defuse the crisis and get this back on the diplomatic track. the united states and the european union have threatened sanctions if russia and vladimir p

who's the head of liberty media john malone also on the board of the cato institute we broke the story there is a transfer of ownership deal being worked out between p.b.s. is washington d.c. station and liberty media to transfer ownership i guess affectively back to p.b.s. a lot of people didn't know that john malone owns the news hour but here's the thing after our original story about the funding for that pensions series that you mention p.b.s. promised to be transparent about these kinds of financial dealings well when we asked p.b.s. and w.e.t.a. the station involved for details of the financial arrangements between the news hour and and liberty media they have categorically refused to provide any details to us any contractual documents even though it is a taxpayer funded entity we asked them for instance how much taxpayer money is going straight into the coffers of liberty media there was no answer how does a right wing billionaire end up owning the flagship show on public broadcasting in the first place well it's a very good question and the answer that we've we've come to is th

is that john malone essentially bought a production house that produces news hour and there have beenquestions raised by watchdog groups about whether he has had any editorial control now the news our staff says that he has no editorial control when we asked for documentation contractually guaranteeing that he would be kept out of news decisions again we were rejected we were rejected even though this is a sensibly taxpayer funded entity. well that's extraordinary david sirota thanks so much for the great reporting to them thank you always great seeing. thank. you such. crazy and we're going to. go wild sports fans who tuned in a stanford kansas game yesterday got to see one of the biggest upsets so far in the twenty fourteen n.c. devil a basketball tournament tops the ten seed and stanford cardinals beat out the to see the kansas jayhawks sixty to fifty seven to secure a spot in the sweet sixteen game have the type of dramatic finish people expect during the incident and suitable a term of one of the more interesting moments happened in the first half when one member of stanford's ma

the stock is surging since john malone lost his bid for radio company serious acts them. stock is up. this is the biggest individual shareholder in liberty with 1.6 million shares so wait for it, $16 million so far today. nice step for the weekend. also making money broader family actress launching a new fragrance that is likely going to generate $25 million in the the first year. pecan add that to her $30 million a year portfolio she already has in place without pads just to name a few, she talks highest paid tv actresses. spending more than ever before, americans, the first record, $56 billion on free companions last year including $20 billion on food, $14 billion on pets. the pet industry has been growing 6% every single year since the mid 90s. i would take that one. time for a little spare change yesterday. we told you about a job listing or the best job ever. two companies are joining forces to hire one lucky employee who just has to take at $1 million trip around the world. in the top most luxurious resorts for year, sounds like a rough job. one of the men behind th

what if someone like john malone what is his next move? >> he is acquiring major companies.edle when you get that big. it if you want to have a you do that.oach, and there are companies that have dedicated tools of capital they use for that purpose. i don't see him doing that, at least not so far. >> to your opinion on this. they're trying to raise money to cover losses. one problem is bad weather. they pay $95 a year and can ride the bikes for 45 minutes at a time. sponsors.ity bike >> i probably is i live in an area above the 57th street where there are no bike lanes and locations where you can get one. i have to pass on that for the moment. i love the trend. you can see it in paris and london and all over the world. i am happy it is here in new york. >> didn't i see you do that? >> i do ride bikes in need hampton every weekend. you have one of those leather seated bikes? >> it would be a hybrid bike. i write it 20 miles every saturday and sunday. >> let us get to our agenda. >> mine is important. it gets us to the weekend. it is march madness and did we start with a bang

they are controlled by john malone and they took over virgin media and 2013 and agreed to by the dutchperator in january. welcome back to "countdown." in london.. copper trading near its lowest level since 2010. us have a chat about the commodities space joined by the head of commodities research. good morning, sir. thanks for joining us. another piece of disappointing chinese data released half an hour ago. data andat with export lots of commodity investors to think about. >> it is a little worrying. the february export data, i think, caught everyone by surprise. it was certainly weaker than the market anticipated. week.s out today, again, we focus on looking at the demand in china for oil products and that has been a week for the last four or five months. certainly the situation at the moment is quite difficult. eventslook at the recent in china, the 7.5% growth target , on the one hand, that is encouraging, but a lot of the other policies china is trying to implement at the moment, you are looking at their attempts to combat dilution, combat overcapacity in some of the heavy industr

. >> sirius xm radio after john malone announced it is dropping a bid for full control.esume its share repurchase in connection with liberty media. >> number three is yahoo! is that how they do it? up about 3/10 of one percent after alibaba, which owns come a which yahoo! owns a stake in, is preparing to file for an ipo as soon as april. this is according to people familiar with the matter. >> number two. sorry. i was going to see if he could do it again. >> yahooooo! i used to say it incorrectly. i don't know. >> i enjoyed that. number two is coach, up two percent today, one of the biggest gains in the s&p after its third-quarter sales may fall less than anticipated despite losing some market share to koh's. corner --michael >> gamestop is up today after data said that sales were stronger than >> over the last couple days. >> here we are at the close of trading. s&p giving back a little bit, just a touch, and in the day almost unchanged at one 845. dow jones industrial average losing about 40 points. we have tech declining, utilities gaining on the day, gnd the nasdaq l

and there's a look at john malone.gely of that 53% stake in sirius that we're talking about. will also include livenation, the atlanta braves and the stakes in barnes & noble and you'll have another tracker there's a look at that that they'll call liberty broadband and will have the 27% of charter communications that liberty owns. also a small stake in time warner and then an active business true position. interesting to note the presence in both of these of what we call active traders. why is that important? well, if at some point in the future liberty wanted to -- i know this gets somewhat complex, pursue a reverse trust with its stake in sirius, in other words take its tracker and make it a hard spin, it could actually pursue a reverse trust where it would spin it into existing sirius. that's something shareholders have thought about for a long time. that is a possibility. nearer term, though, let's focus on the positives and potential negatives. one positive is you had a buyback that had been halted at sirius, it w

remember they bought it with cheap debt, that's warren buffett, and the others like him, john malone, capital markets to their advantage to buy the cash flow businesses that will give them the return they expect over manyiers locking in low borrowing rates. >> implying that we can't do that individuals or companies can't do that maybe there's a special status. >> a look at s&p, negative this moring here at big board, knowles corporation, celebrating a spin-off from dover and at the nasdaq, boulder brands doing the honors today. >>> look out for auto sales. we've gotten chrysler. >> and there's ford, down 6.1 versus down 5.1. i've continued to say this is into the important period. like employment number friday, three straight downs, that would be worrisome. but the weather, a lot of people saying the weather doesn't matter. i mean the weather -- you know, go buy a car, if the car dealer's closed, you don't. it's okay. it's okay analysis. country worst weather nationwide since 1977, not fact that? that seems silly. >> phil lebeau tweet what the impact of airlines. we'll talk to gordon

. >> john malone, liberty media are looking at splitting holdings into two tracking stocks. the other will cover liberty's 53% in sirius/xm holdings. and the atlanta braves baseball team. probably just something to do, knowing him, with taxes. liberty is pulling its offer for sirius/xm off the table in a deal with more than $10 billion. liberty plans to create the tracking stock by the third quarter and, you know, malone has given a clinic on how to do this stuff, among other things, over the past 25, 30 years. he's still in, isn't he? he'll make the top 25, won't he? >> i don't have the list right in front of me, but he has to be on that list of 100. >> i'm surprised. >> exactly. well, we're wrapping up the trading week on wall street. stocks had their biggest loss in more than a month yesterday thanks to china fears and ukraine joining us now to talk about the economy is nariman birivekh. and phil is joining us, as well. i'll start with you, phil, first. we're trying to decide anywhere in this bull market, it's been going on for a while, but i've seen historically it's not

i didn't think you can go if to john malone and brian roberts and saying, game over. you, pal. >> right. quick thought on apple stocks sense we're talking about apple. stock's doing nothing, why? >> i think it's doing nothing -- i did my book signing at costco, people say when's apple going to move? that's a bad sign. they say, why don't you think good things about 3d systems? anytime you get that -- i don't want to cast dispersions on people who i'm kind enough to buy get rich carefully, when's apple going to move? when you hear that, it it doesn't move. you want to hear, i've given up on apple or i don't care anymore. it's so waiting for it to go hire is not a winner, that's a bad psychological setup. >> the setup today looks pretty good thus far. dow up 178 points. next, it's stop trading with jim. "squawk on the street" will be right back. mattel started in. disney started in a garage. amazon started in a garage. ♪ the ramones started in a garage. my point? some of the most innovative things in the world come out of american garages. introducing the lighter, faste

john surgery for the second time in his young career. parker will be on the disabled list by aj griffin shut down with a sore elbow and today scott kasmere scratched with stiffness. tom malone and chavez will take the spot of parker and griffin. >> we have that depth, like two to three to four guys. filling one slot and whether someone goes down and someone gets hurt. obviously we don't want that to happen. but stuff like that does happen. >> >> and some good news for oakland, the raiders have sign the chance jones to a three- year deal worth reported $11 million. the san jose native led the league with 14 touchdowns in 2012 and oakland agreed to a deal with offensive line man kevin booth, they are busy. never i rope a four leaf clover because you don't want to press your luck. sanford women did not get your selection for monday. >> i am part irish but i don't feel lucky. >> for the first time in 2009, sanford is not a number one sing. >> number two despite 29 and three. >> and they'll open up with 15th seed against iowa and hearing their name never gets old. >> i didn't get any sleep i was so excited. i am a senior and getting old. and it was a fun moment to see the freshm