they are both owned by john malone.rik: the european businesses are one of the options being discussed. pepsi wants you to drink craft sodas. it is a fountain drink that will use real sugar rather than high fructose corn spirit that the use for most of the beverages. the flavors will include black cherry with tarragon and wants hibiscus. those are your top headlines. stephanie: would you like to try this? erik: i'll try, but will i like? we'll see. no state would like to bring more carbon power online than tennessee. this is a nuclear story. first created in 1973, the tennessee valley authority is scheduled to start producing electricity at a course -- cost of $4.5 billion. bill johnson is back with us on market makers." $4.5 billion -- you and not responsible for that. was it worth it? bill: that is a very cheap point. it will power 700,000 homes. is the cost below are embedded cost of electricity. it is worth it. erik: should we read think nuclear and america out of the country -- in america now that this country has

>> nbc's john yang in malone new york tonight. john, thanks. >>> >> there was a stunning explosion over the skies of cape canaveral today. an unmanned rocket bringing supplies to the international space station blew up just two minutes into its flight. it's another setback for nasa and spacex, the company that will one day carry astronauts into orbit. here's tom costello. >> one mission sequence start and liftoff. >> ignition sequence start. liftoff of the spacex falcon 9 rocket. >> reporter: cast against a deep blue sky, what appeared to be a perfect liftoff from cape canaveral. on the beaches blow, spectators had gathered to watch, but only two minutes into flight, a massive explosion. >> we appear to have had a launch vehicle failure. >> reporter: on board the rocket, food, water, scientific experiments, a replacement spacesuit and parts for a water purification system. it's the third cargo ship to be lost in eight months. last october another private company's rocket blew up on liftoff, then a russian progress ship spun out of

will they or won't say dance with john malone, if they do, who will be the winner westmark -- winner? vodafone up 2%. go back to bloomberg.com and there is an interview with mike greg. there have in a mishandled number of ppi claims. they cooperated and went early with the sca. the news is the bonus has been cut by 30 million pounds at lloyds.bell way down. the election had no affect on the housing market. pricing is strong. london is outperforming. the order book is up 22%. they say housing completion will exceed last year it will go down to nonfarm payrolls. jonathan: fantastic work this friday morning. the dax up. let's go to asia, what a week it has been for asian markets. particularly the volatility on the shanghai. david, over to you. david going -- david: this week has been quiet across, everywhere else with the exception of the shanghai. we are looking at a 5th street -- straight day of declines. we are back to levels of last april. nothing special. you look at the shanghai composite, that is the market story of the day. i am at a loss of words and really finding the right nar

the company, which includes billionaire john malone as an investor, is ramping up its programming efforts. $2 million onthan content last year. and contracts to purchase previously owned homes in the united states rose for the fifth consecutive month. economists surveyed by bloomberg expected a 1% increase. employment growth, a pickup and incomes and relatively low borrowing costs have helped lure new buyers. lebron james will become a free agent again, but not to worry, cleveland fans. he is not expected to break the hearts of cavs fans. he will decline the options on his current deal, but will not meet with other teams. that will set him up for a bigger contract next summer. those are your top stories at this hour. coming up in the next half hour of the bloomberg market day, chinese stocks continue their drop, officially entering a bear market today. investors shrugged off another interest rate cut. pimm: and if you want to understand what is going on in greece, the writing is on the wall, literally. mark: and mohamed el-erian says the outlook for greece is bleak because there is an 85%

also media type john malone. later on 16 months of inflow. the star bond fund manager is going to offer his take on the markets when he talks to rick later on today. a lot more squawk on the street from post nine in a minute. ♪ ♪ ♪ (singing) you wouldn't haul a load without checking your clearance. so why would you invest without checking brokercheck? check your broker with brokercheck. >>> wendy's announcing plans to buy back next year. including 211 million from wendy's largest shaur holder. as steve's turn around initiatives are requiring them to invest more franchise is already struggling from heavy debt from prior restaurant upgrades. wendy's, that's 30% of the market cap going bye bye. >> it's a fairly large buy back. they can do it. they've gone to the late model. trying really it's not hard control but at 25% they're largely at a certain extent controlled the accompany. they want them to move and they are moving to this franchise model. they believe that's going to contribute great cash flow and growth. they did the extraordinarily lo

i want to leave with a comment from john malone, chairman of liberty global.nteresting analogy calling this potential deal "a big banana and a jar. how do you get your hand out with the banana?" mark: we have been trying to figure that out. manus: his personality, a lot of the making of these deals is the personalities driving them. the question of getting the banana out of the jar has to do with being top banana. mark: who gets banana once it is out of the jar. manus: it's all the cookies. mark: nyra. ladies first. then you are second, and i'm third. manus: thank you very much. mark: let's move on, the big story, an exclusive interview with bt group chairman live from the world economic forum on africa and cape town for stop should we talk about oil? crude prices heading to their biggest weekly drop since march, with the speculation the 12-nation cartel will maintain its output target, leaving the market oversupplied. ryan chilcote is in vienna where the meeting is due to start later today. good morning, ryan. ryan: good morning, mark. we will talk to a man w

the company, which includes john malone as an investor, is ramping up its content efforts. pimm: and there are new signs of strength in the real estate industry. ownedct for previously homes rose in may for the fifth consecutive month. the pending home sales index increased 9% in may after a advance lastevised month. employment growth, a pickup in incomes, and relatively low borrowing costs are helping ure buyers. alix: nbc says to donald trump "you are fired." the network will no longer air usa and miss universe pageant. trump announced he would not be dissipated in "the apprentice," which also airs on nbc. is expected james to become a free-agent again, but relaxed cleveland fans, he is not expected to break hearts again. he will not meet with other teams, setting them up for a bigger, longer contract next summer. those are your top stories. up on the bloomberg market day, new jersey governor chris christie unveiling his presidential website this weekend. his white to unveil house bid tomorrow. what he is one of the most interesting candidates in the race. pimm: and jeffr

>> john malone is one of the great giants in an industry filled with giants. some people might say one of the great characters in an industry filled with characters. he has been a giant in the cable media industry for 30 years or more. first major company was tci the largest cable company in the late 1980s 1990s. he sold so it at&t in 1998 or so and now he is getting back into the business. >> he is a character. definitely has been a leader in the cable industry and sometimes i think to excess. some of his early exploits led to he reregulation of the cable industry with driving prices high and preventing satellite companies from getting content. i hope he has learn his lesson and is happy to function in a purely competitive marketplace but i'm sure the enforcement agencies regardless of the personality, will look at the facts and determine whether this transaction is in the public. >> joining us on "the communicators" this week is gene kimmelman, the president and ceo and harold furtchgott-roth, the former which is of the fcc and also gautham nagesh. thank you

if you're comcast, time warner or john malone you've got larger as operationpirations you want to doh this product, taking what dish has combined with the infrastructure t-mobile has, makes it more attractive to partner with. >> you have a couple companies that seem out of the box, microsoft and google. why would they be interested? >> things are changing. you look at google getting into google fbi tore make sure the broadband internet is getting built and ethernet is get deeg employed. google also announced project fi hey, i'm going to g wifi network first and rolling back to your network. if google could infuse more cash, it could ensure a better buildout of that business and provide more competition for the dominant issues the dominant carriers verizon and at&t. >> you have another combination? >> t-mobile on its own can be an attractive acquisition target for the cable companies. if dish gets bought by t-mobile there's a very big chunk of spectrum that goes away. verizon does face competitive threats down the road. they're already providing faster speeds in many markets. they can

then john malone and charter coming in and looking like they will get it.hael: and it does seem like they will get it, yes. and i think that is indicative of what i might even characterize as a war to control video. it is so valuable. and i think everybody is in this game. charlie: define video in this case? michael: television. television basically. but the words become hard because we no longer watch television on the television. we watch television on all of the other screens. charlie: but that is the crucial point, how we receive -- that old media companies or something content companies. that is what they are, content companies. therefore, how they distributed, traditional or through new media, they still generate revenue. what do think a president and net neutrality? michael: i think that neutrality is one of those other issues in which the smoke hasn't cleared. iw would say that when it clears, the digital guys will be surprised because what they have done is digital has always been an unregulated business. by creating this the net neutrality laws, t

john malone eyeing content consolidation according to to "the wall street journal."iberty media's chairman is examining ways to consolidate studios and smaller channels, adding a union between lions gate and starz or even discovery could be in the mix. >>> fifa in free fall. more officials linked to the organization are now facing corruption charges. while the fbi investigates russia and qatar's world cup bids. >>> our exclusive report, "cash for slackers." they are fighting over personal email and putting the country's national security at risk? the details next. ♪ shriek with joy. until, inhibition creeps in, our world gets smaller, quieter, but life should be loud. sing loud, play loud, love loud. dentures shouldn't keep you quiet, life should be ringing in your ears. live loud, polident. "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer,

then there is the big story about comcast wanting to buy time warner and being denied and then john malone and charter are coming in and looking like they'll get it. >> and it does seem like they will get it yes. i think that is indicative of a what i might even characterize as a war to control video. it is so valuable. and i think everybody is in this game. >> define video in this case. >> television. >> any kind of a -- >> television, television basically but you know it's-- the words become hard because we no longer watch television on the television. we watch television on on all of the other screens. but. >> but that's the crucial points. how we receive, i mean that means that television, media companies are simply content companies. that's what they really are. content companies and therefore how they are distributed whether their traditional method or through new media, they still generate revenue. >> exactly. >> what do you think about the president and net neutrality. >> i think net neutral sit one of those other issues in which the smoke the smoke hasn't cleared. and i would say

we get the latest now from nbc's john yang at state police barracks in malone. john? >> steve, here's what we know for certain. the new york state police say that at 3:45 teams working in the woods around malone shot and killed a man they believe to be richard matt. they're awaiting confirmation of that body. here's what we know from law enforcement officials sources. sources tell nbc news that at that time about 3:45 it was a customs and border patrol s.w.a.t. team that was doing a search in that area when they came upon richard matt. there was an encounter, some indications that he might have been armed with a shotgun and an encounter. they shot and killed him. wptz, the nbc affiliate in plattsburgh spoke with a witness in the area who said they heard a single shot. there was not a barrage of gunfire, but a single shot which would suggest a high-powered rifle took richard matt out. we're also told by law enforcement sources that there was evidence that david sweat was nearby. they did not see david sweat, but there is now a pursuit. they believe they're closing in on

let me bring in nbc's john yang who is at the state police barracks in malone new york. john what can you tell us about what the scene is at this moment? >> right now, i can tell you that this area where they killed richard matt is being flooded with manpower right now. police state police new york federal officials, border customs and border patrol state forestry officers are flooding into that area right now. we've just been told by law enforcement officials there's been a second round of gunfire as they try to close in. they believe they may be closing in on david sweat. i can tell you, chris, that multiple law enforcement officials are telling nbc news that how this happened was that a customs and border patrol tactical team -- these are the people who patrol the borders along the canadian/u.s. border were doing a sweep when apparently they heard gunfire. they turned and the initial reports are -- and we have to stress these are initial reports. the initial reports are that richard matt raised a shotgun and aimed it at these customs and border patrol tactical team. we

let's go now to nbc's john yang in malone new york. john? don't have john yang. we're setting up the camera there. i'm joined again -- i'm joined -- let's go now to msnbc reporter adam reiss. you reported that u.s. customs and border control was attributed with the kill of escaped convict richard matt. can you tell us more? >> sure we're getting more details from wnbc's jonathan dienst who is reporting that tactical unit heard shots. this happened a little over two hours ago, 3:45. they heard shots around route 30. they went to that area and apparently richard matt may have raised the shotgun that clint van zandt was talking earlier they knew that he had, he may have pointed it at the officials and they responded with gunfire. again that border patrol tactical unit around 3:45 this afternoon along route 30 heard shots. they responded, confronted richard matt and apparently he may have raised a gun at them and pointed it at them and they responded with gunfire. now, they are in hot pursuit. of course, they want to put an end to this and find

the fbi officials this time and discovered in march of 1976, the head of the new york fbi office, john malone, got a massive file of records recording fbi break-ins conducted by the new york office between 1954-1973. reviewing these records, i think this is a conservative estimate. the fbi between 1954-1973 in new york alone, conducted over 200 break-ins involving over 300 different individuals from different organizations. this is because of the surreptitious entries file that is known specifically that was massively redacted on its release, so it was difficult to ascertain information. because it is redacted, you can't tell if two memos involve two different organizations or a repetition of that. but it gives an insight into the scope of fbi break in activities. the socialist workers party brought suit in 1973 against the government because of a disclosure of it being one of the targets of the fbi program. at the same time, they brought suit of a violation of constitutional rights. they have the release of the houston plan that explodes -- that expose a series of plans that would be conduct

the fbi officials this time and discovered in march of 1976, the head of the new york fbi office, john malone, got a massive file of records recording fbi break-ins conducted by the new york office between 1954-1973. reviewing these records, i think this is a conservative estimate. the fbi from 1954 to 1973 in new york alone, conducted over 200 break-ins involving over 300 different individuals from different organizations. the basis for that imprecision is because of the surreptitious entries files, as it has been known specifically, was massively redacted on its release, so it was difficult to ascertain information. because it is redacted, you can't tell if two memos involve two different organizations or a repetition of that. but it gives an insight into the scope of fbi break in activities. the socialist workers party had brought suit in 1973 against the government because of a disclosure of it being one of the targets of the fbi program. and at the same time, they brought suit of violation of constitutional rights. they have the release of the houston plan that explodes -- that expose a

nejra: since john malone as the chairman of liberty said a couple of weeks ago that some sort of dealgreat it, we saw vodafone shares, for example, reach 14-year high on that even though they have come off of that now. stock investors seem to like that talks about a deal. but if you look up on holders, they have been a little more concerned because any sort of deal, whether that would have been a merger or a takeover would have been debt-fueled. so they were concerned about that. what we have seen today in particular, but actually in the past three days, is the price is a vodafone's profit default swaps coming down, less concern about a risk of default. guy: yeah. and they are pricing them back into the bonds. and maybe the asset swap story is more credit from a. what you are doing is putting assets together. it could be a much more credit from the story. what are we expecting now? do we know what stage these talks are at? do we know what happens next and when they will talk next? nejra: we were told by vodafone that talks were in early stages? of course, they gave the usual warning t

it involves assets controlled by john malone.ropean businesses and that is being discussed. if you're willing to throw dietary caution to the wind, it is national doughnut day. many shops are celibate in with giveaways. the salvation army started it all 70 years ago to raise money during the depression. tom: is a public good for me going to the marginal. richard claire go with us. it is 1865 -- always go for the marginal donor. vonnie: always go for the marginal glazed donut. tom: microeconomics of donutology with professor cleared up. we are looking at jobs day. a conversation with michael o'rielly and washington on the spy tech that we see from china this market -- morning. he is truly one of the country's authorities. we will look at tennessee's nuclear revolution as well. i believe there is an event at 8:30 a.m. this morning. that would be the jobs report. look for that on bloomberg television and bloomberg radio as well. let's get to the jobs report and turn apart. it will be here and 40 minutes. what was important on wednes

nike is kind of like john malone. nike lurks. they pounce when they want to.tephon curry could be a reason why this go higher. that may be a franchise that is not going to be jordan-like. that's like "i love lucy" still making money for cbs. i suggest to kevin they do a reilly franchise because of the kid, curry's kid. >> she is adorable. it's a couple of months the stock is up 44% in a year. >> we have people so short sighted, it is scarey. i had so many people complain at jim cramer about under armour. give me a break. kevin plank has game. they are going to be big in china. he has a huge opportunity. jordan jordan -- has he identified himself with anybody wrong yet? how is kevin durant doing? >> not that great. >> my take away. >> he had a rough year injurywise. >> that's true. curry is exciting. >> he is. >> he makes the game exciting. >> he does. all right. opening bell is coming up. jason furman joining us on today's jobs report. a lot of stocks to watch. can it make a dentist appointment when my teeth are ready? ♪ ♪ can it track my crew's performance, a

if kelsey warren gets this she's the john malone. >> the former banker that runs ete. >> i have to tellwilliams and energy transfer together, game set, match. rich kinder has done a great job. but i think if the government were sophisticated, they would say work whoa but they're not. kelsey knows that. he's a wild man. >> late stage, end stage consolidation consolidation. the opening bell is right after this. it's part adrenaline and part adventure. it's part geek and part chic. it's part relaxation and part exhilaration. it's part sports car and part suv. and the best part? the 2015 gla. it's 100% mercedes-benz. for over 60,000 california foster children, having necessary school supplies can mean the difference between success and failure. the day i start, i'm already behind. i never know what i'm gonna need. new school new classes, new kids. it's hard starting over. to help, sleep train is collecting school supplies for local foster children. bring your gift to any sleep train and help a foster child start the school year right. not everyone can be a foster parent but anyone can help

shares of lionsgate entertainment spiking on a "wall street journal" report saying that liberty's john malone sees the company as a potential deal for content. checking shares of lionsgate right now, they're up about 1.5%. >> morgan thank you very much. with the markets, we've got about nine minutes left in the trading session. stocks holding on to gains, bonds down sharply, pushing yields to levels we haven't seen since last fall. joining us with their thoughts on the markets, tina lindstrom from blue shift capital and robert frost, from frost and frost wealth management. good to see you both. robert, what do you make of what's going on right now? it would seem that we're getting better economic data and the bond market seems to be reacting to that right now? >> it is kind of counterintuitive, isn't it? i think the bond market is reacting to a lot of things that are happening in europe. i think that, really, the fundamentals of the economy continue to get stronger, so i don't think that forward looking, that's necessarily an indication that we're set for a pullback in the market. i think we'

i like vodafone saying anybody on the other side of the deal john malone is getting wrong side of therade. whenever he does anything is interested. got a little foothold in europe. mario ga lilly is talking with that -- gabelli talking about that. malone grabbing time warner. so he is becoming an even bigger player. it faces nating. >> i love deals in this area particularly talking about dish, t-mobile, directv, at&t, charter, time warner, those deals because this directly impacts consumers. consumers want better product. they want more offerings. they want better prices. the biggest question, if you get this frenzy, you get dealses done don't make the most sense. get prices too high and integration becomes a problem. that is big question about ergen and legere with dish. maria: dish and t-mobile. we'll see what develops on that deal, dish and t-mobile. now we have vodafone. we're interested in talks about possible exchange assets with liberty global, not an out and out merger. each approaches different way. they want broadband and they want television and that is what consumers want

there was this second gun battle that john yang was mentioning and we're not sure right now what the outcome of that was. but you know we are right now on route 30 in malone. and john was describing from law enforcement officials just exactly what went down with richard matt. well, they say that tactical team actually they were coming down on a sweep on this road when they heard gunfire at a campground, and they went to check it out, and that's when they came across richard matt. all of this today happened very very quickly, and there are only a few roads that lead into this hotspot right now. a lot of people live in this area. you know there are multiple homes on the roads that we drove in on. all of those roads have been shut down. there are a bunch of residents in cars here right now who can't get back to their houses because they're being told it's just too dangerous to get back there. >> all right, stephanie gosk in upstate new york. thank you very much. we're going to keep our eyes on that. as i said, the governor will probably be addressing the situation in just a bit. >>> but right now, today was a historic day for civil rights in america, a day t

this was, you know north of malone and closer to the canadian border. >> how many people were involved? john do you have any idea of how he was taken out, how he was taken down? >> i do not. i am waiting on -- i'm waiting on text messages right now as we're speaking to get some details. >> jonathan i want to bring you into the conversation here. how important is it -- we're talking about we do not know where he was shot the extent of his injuries. we know of course he will be treated. your experience as a former police officer that he offers a lot of potential information in terms of what went wrong in this prison in this correctional facility and potentially how it was that for three weeks -- almost four weeks that they managed to elude police? >> i'll tell you, if they can keep him alive, i think they're going to be able to get information out of him. remember, he you know could go back to prison and never say anything. but i think the position that he's in now, similar to the female employee that was arrested as well, the more information that they give the better their life is going to b

malone, on it -- for dazed sweat. it will soon be nightfall, but if he's not caught, the search will resume at first light. . >> john terrett, thank you. >> three more victims of the shooting in charleston south carolina were laid to rest. the funerals were held in the same church where they were shot 11 days ago. yesterday another victim, the reverend clementa pinckney was laid to rest. president obama delivered the eulogy, dylann roof faces nine murder charges. >>> while charleston mourns a person captured the events through the eyes of a lens grace tells us what she has seen. >> i'm grace beam and i'm a photographer for the boston courier in charleston. i came in i wam to work at six in the morning, we work pretty much all day, and we've been doing this ever since. i cried, shot pictures and, yes, very emotional. very hard to cover. i knew senator clementa pinckney, i photographed him several times. it's heart-breaking, heart-breaking. >> the things that i'm impressed by is the way the city reacted and how everybody feels and shows their love to one another and the pictures - how much it affected everyone and what an imp

within malone and within the 22 mile lockdown zone where they think sweat is hiding a full search will resume in the morning, and pouring down rain in new york. can't be pleasant out there. >> johnrett, thank you. >>> coming up on al jazeera america, why we hate who we hate. we look at the psychology of racism. plus thousands of tourists flee tunisia after a deadly attack at a beachside resort. >> explorer and environmentalist jean-michel cousteau. >> we are visitors and we need to respect that. >> surprising secrets of the ocean. >> if it wasn't for the ocean, we would have a lot of problems today. >> and the harsh reality facing our planet. >> enough is enough. >> i lived that character. >> we will be able to see change. >>> it's saturday night, time to take a deep e look at the psychology of racism. why we hate and who we hate. what caused baltimore and ferguson to burn and charleston to heal. jonathan betz has more. >> reporter: rage on the streets of baltimore after a black man dies in police custody. anger in ferguson, missouri over the shooting death of an unarmed black man by a white police officer. in the aftermath of those cases and others, the director of the f.b.i. s