john malone has control over a lot of programming. we want to make sure that there are common sense conditions, sure, that new charter cannot favor itself or be favored with regard to programming. the apparentlies to this merger -- parties to this merger have indicated this is something they would not do otherwise, so we think that the commission should have no objection to imposing these conditions. >> host: walter mccormick, isn't that the same oorgt chris lewis is making in favor of net neutrality regulations? >> guest: i don't think it's the same argument at all. first of all, i indicated that with regard to net neutrality that we support the standards, that we would support their adoption and regulation, we would support their enactment into law. and this is not a case even with net neutrality regulations where they're being imposed because of some monopoly. consumers today have a variety of ways to access the internet. they are being imposed because it is felt that those particular standards are the way in which an open internet

john malone, discovery, and a lot of other potential media buyers.: on a final note, chris, what does this mean for les moonves? consolidates his power. he has control of sherry redstone, the control of cbs board, and they are hoping for more of the same out of him. betty: thank you so much. much more on bloomberg television. the dollar extending that to-a drop. signs of a slowing u.s. economy and the really the wager that the fed could state that on rates in 2016. mark carney --'s we break out a new reality for central bankers on the european close, next. ♪ . . betty: it is 11 a.m. in new york in midnight in hong kong. good morning. i'm betty liu. close. to the european mark barton joining us as we wrap up the trade. race thing ofnd a the lossing -- of the losses in the europe. mark: we have fluctuated between gains and losses -- reporting a biggest quarterly loss since the financial meeting. the european close starts right now. betty: we are to take you live from new york to london and berlin in the next hour. tell us about the trade today. have be

american ranchland making him one of the top five private landowners in the country behind people like john malone and ted turner. for "nightly business report," i'm jane wells. >> that's breathtaking. six counties. >> six counties. wow. we'll keep track of that story for you. that does it for us tonight on "nightly business report." i'm sue herera. thanks for watching. >> thanks from me as well. i'm tyler mathisen. have a great evening, everybody. we will see you right back here tomorrow night. feels like home already. sister julienne: this is sister winifred, who has come to live and work with us. i'm delighted to be here. why don't you pop into our tuesday clinic? i never know where they are. there are 21 women who haven't appeared. time for a leafleting campaign, methinks. help me. [baby coughing] she can barely breathe. you're a nurse and a midwife. do you want to come back to nonnatus house? announcer: funding for "call the midwife" is provided by contributions to your pbs stations from viewers like you. thank you.

american ranchland making him one of the top five private landowners in the country behind people like john malone and ted turner. for "nightly business report," i'm jane wells. >> that's breathtaking. six counties. >> six counties. wow. we'll keep track of that story for you. that does it for us tonight on "nightly business report." i'm sue herera. thanks for watching. >> thanks from me as well. i'm tyler mathisen. have a great evening, everybody. we will see you right back here tomorrow night. sethi: this week on "quest"... sea otters combating climate change... sizemore: to see that change almost overnight was amazing. sethi: ...cars fueled by hydrogen... holloway: i was promised flying cars when i was a kid. this is as close as it's going to get. sethi: ...and scientists trying to build a more resilient forest. pecore: some of the best old-growth stands that we have are in the menominee tribal lands. announcer: major funding for "quest" is provided by the national science foundation. sethi: known as "science on a sphere," giant digital globes just like this one

is controlled by billionaire john malone.e was valuation concern, but it appears now that valuations are better and the tax reasons may be better for him to sell to lions gate. we will keep our eye on that story. we are just moments away from the close of trading and as we haven't saying, it's been a thetile day in the markets. chairman and ceo of mason funds told me that the u.s. economy remains strong, with a low likelihood of recession unless stocks false or far that they cause a collapse in the wealth effect. joining me now for more is mike from our gadfly section. he was saying -- look, if we see another 20% fall in stocks, that might cause a recession? quite see knows that they are having a rough stretch now. but his past track record is so good, it was a great interview to get. betty: thanks. mike: we propped him up. [laughter] big.wealth effect, that's a lot of people are talking about it. we are talking about trillions in raw stockmarket wealth. you can already see the ramifications for that. barrens was out over the

billionaire john malone, who controls starz voting shares is said to be interested in merging with lionsaxes. an indicator that the arts market is losing steam after several years of growth. a portrait of pablo picasso's "young lover" went for $25 million activities in london, 20% less than what it sold for four years ago. stephanie: thank you. we are taking a quick look down in defeat. martin merit of the pharma care association is speaking. this is the martin shkreli testimony. he is testifying before congress. it is all about spiking drug prices by these copies. we will take that life when we come back. a lot to cover -- hot issues for investors and presidential candidates. we will take a quick break. you are watching "bloomberg ." ♪ matt: more than half of the s&p companies have reported earnings, and overall the quarter has seen a 5% decline in earnings compared to last year. let's look at some of the latest copies to report. royal dutch shell, which is obviously, traded in london mainly, has had a drop, but that makes other major oils look good. stephanie: 20 look at shell, co

just trading flat after we get the news they will be doing a joint venture with liberty global and john malonen the netherlands. one billion euros from vodafone. it will be a joint venture and they are taking on tps and telekom. their numbers beat expectations for the third biggest cement maker in the world. thank you indeed, caroline. --s is the bloomberg energy energy stock to lead the charge this morning. you have material stocks strongly as well. very similar picture to what we saw yesterday. the whole wheel and the whole map in green this morning. asia leading the charge let's find out what happened with zeb eckert in hong kong. meeting: a critical that could move the oil markets in china's latest report on credit growth. those twin factors led to gains today across the asia-pacific and the chinese markets powered ahead. nice performance for shares in shanghai. 3% advance your leading the way among markets in the asia-pacific and energy related markets moving particularly well. the nikkei twoof to five in tokyo and in solar the bank of commit -- bank of korea kept rates on hold. a look at

john malone. it will be very beneficial to and both companies if the merger were to go ahead.taxes. and my brain-dead that i do not even know what starz is? tom: it is -- vonnie: it is a media content company. piÑata in rosenberg, 2014, sacrilege. inflation over deflation, and he sustains with after we will talk about central banking with david rosenberg. chart of the week. bring it up right now. this is from the bank of alanna, a calculation of tightening outside of what central banks do pure in 103 basis points of side fund from the index. that is a brilliant chart. what does it signal? david: between the run-up in the last couple of months and debt across capital, that the markets are doing a lot of the jobs for the fed already in terms of tightening up financials. when the fed raises rates, this is what you accomplished. this the reason why markets are increasingly pricing out the fed is that between what the equity markets and debt markets are doing, the outlook for the economy will be pretty soft based on the tightening we have seen in the past. vonnie: charles schwab ye

johns who was recently waived by the philadelphia 76ers. nuggets suffered their west home loss of the season yesterday to the celtics, gave up 121 points, and they lost by 20. after the game, coach michael malone says he saw his team play selfishly and quit on several plays, something he hadn't seen them do. kenneth freed was held scoreless for the first time. he didn't play the fourth quarter after he asked the coach >> we never everybody flying on all sillen ders, and last night, did not have a good team and so the individual players did not have a good game. he wasn't alone. but you know, we need him. i mean, he's proven over his career, when he plays with the energy that he's capable of playing with, he can help his team do a lot of great things. >> college basketball, and for the first time since 2002, the csu women are ranked, 24-1 this season, won 21 games in a sxroe today they cracked the ap top 25, coming at 25th. the team they replaced, tennessee dropped in the rankings for the first time in 31 years. finally, this a muzed me, from a england. the 4 rth guy sailed it nowhere near the goal. they had a whole line of guys to have the shootest just that a muzed me. cody mcleod on xfinity.