roger ailes signed a new multi-year deal with 21st century fox. f fox television stations, here is a look at the bid and ask. ailes will continue to report to rupert murdoch. james and lachlan murdoch. again, breaking just now, fox news's chairman and ceo roger ailes signed a new deal with 21st century fox. cheryl casone with the headlines. cheryl: you were talking in the show earlier about the millennial generation, well, now this. millennials have taken over the baby boomers in terms of sheer numbers. millennials now outnumber baby boomers by 7.7 million. the first time the census bureau tabulated the two generations separately. giant trans-union to make the market debut today. they've been priced at 22.50 a share and at about 4 billion. shares have been begun trading today on the new york stock exchange under the ticker tru. and of course, we continue to follow the prison break. a second prison worker has been arrested after the stunning escape of two murderers in upstate new york two weeks ago. officer gene palmer has been charged with promotin

ailes. fox is roger, roger is fox. >> absolutely. the reason for -- this whole announcement feels very -- it feels bold but completely tentative. >> hmm. >> james and lachlan are there. rupert is not going anywhere. chase kerry, the competent chief operating officer, is stepping down eventually. we don't know exactly when. but rupert wants to put his sons in the business, but he's still keeping all the safety nets there. he still is -- he's still going to be very involved probably more so. chase will still be a consultant. he wants these kids to be able to succeed him, but he is not really -- he's not going away roger ailes is still reporting to him. chase kerry is still on deck. he is doing it all, i think, in a very sort of hopeful yet tentative way here. >> so we're seeing the beginning of a succession plan but only the beginning. sarah, thanks for being here this morning. >> thank you so much. >>> now to something outrageous that was said here on cnn yesterday. anchor freed frederica whitfield said this about the gunman's actions

roger ailes by the way has been with the company since 1996.ersaw creation and launch of the fox news channel. which by the way can now be seen in some 90 million homes. it has become, let's face it a dominant ratings force in the cable news landscape. also a financial powerhouse for the company. also means that means that roger ailes will be at the helm of fox in the next presidential election and beyond of the he will report to fox co-chairman rupert murdoch and as well as james and laak lan murdoch. james is chief executive giving him day-to-day control. lackland chief executive chairman. roger and he says, will continue to and always have a special relationship. roger ailes still at the home of fox news channel, fox business network and other of course properties of the fox empire. melissa: music to our ears. best boss in the universe. thank you so much. >> sure. melissa: chaos continues in france as uber and taxi drivers riot throughout the streets. wait until you hear which famous american was caught up in all of it. >>> plus the race for

roger ailes will continue to report to murdoch.-first century fox's parent company of the fox business network. shares of gap rising in premarket trading after the company said it will close 175 namesake stores in north america. gap making big plans to cut 250 jobs at headquarters. ceo says the moves are designed to ensure the chain is the right size for a changing market. this only gap with 500 stores in north america down from 72013 as the retailer has continually tried to turn things around. a rise in not planning the "huffington post." this after the company agreed to pay $4.4 billion to acquire aol. verizon and dso said the company likes all of aol's portfolio and wants to keep it together. coming up chicago blackhawks become the latest sports dynasty winning the stanley cup. we will have the highlights. investors waiting on the next move in the greek debt drama. dow futures coming off the lows of the morning to 83 points. s&p down, nasdaq futures down 25. you are watching "fbn:am," your first look at morning market and breaki

roger ailes is the founder of fox news.e is the man who hired me and brought me into the fox company the fox family. i formerly worked for cnn and "the wall street journal" and it is roger ailes who brought me personally into this network. he will still report to rupert murdoch. >> oversees fox business network, as well as the affiliate stations of fox news affiliates across the country and oversees fox news radio. we are part of a broader called of fox news that covers all parts of media whether it's digital, radio television. i think that is wonderful. he brought me in as well from cnn whereas working at the time. it will be my ninth year of fox this year. >> it was about the same time. roger brought me in. >> you know where they first ran in the first person who welcomed me to fox news channel before fox business network. and i still like you. it's strange. stuart: i've got to repeat the succession plan is dead at news corporation. then waited for some time. it will be voted on the next board meeting. no impact thus far

someone i wish i had talked to was roger ailes out of fox news.oger ailes was a fairly obscure daytime tv producer when richard nixon discovered him and put him in charge of his media team. he had an eye for talent. he also has a ton of talent. for all the craziness of watergate. evan:brian: chapin spent a lot of time around nixon and he also went to prison for six months or so. let's listen to dwight chapin from the nixon library. >> it's very late at night, we went and got on the plane. he had one or two of those small bottles of scotch. he was exhausted. the next thing i knew, he was crying. what brought this about, this emotional uprising, is that he was talking with ray, who i think attracted some stuff for the speech in miami. they were starting to look on his acceptance speech and how that might work. this was the one in 68. he started talking about his mother and dad and his brother and this brother that he lost to tuberculosis. this guy is a human being. . he is not that different from us. evan: but of course, he was different from us. we

charlie: did he ask roger ailes about this?hael: i am sure he probably did not because actually one of the because there is always fights within that company. and one of the things i had to agree to was not to speak to roger ailes. charlie: explain that to me. you had to agree not to speak? michael: partly because of gary ginsberg, who was always having a fight with roger. so i do not think they wanted roger to weedle, to find his way into the story of this book. anyway, i agree to that. i only reluctantly did because i actually like roger a great d eal. charlie: did he find his way into the book? michael: only from rupert who said unkind things about roger. that let roger go back to rupert and yell at him and get more money. charlie: roger yells at rupert. michael: yelling is overstated. he goes -- i don't know. charlie: i don't think so. michael: they come to, they have their way of negotiating. charlie: and so the book was published. everybody gets a chance to read it. was it a bestseller? i don't remember. michael: yes. cha

i want to repeat the news that roger ailes will continue to lead fox's tv operations. he's signed a new multi-year deal. he stays. a little background for you. no one has made a glat greater contribution to the news business in the last generation. it's important for this industry and america. roger ailes gave them a choice. instead of the same old-same old. he created a news stream. i sates the real america. and joining us on the phone is hourt howard kirtz. i think it's a plus for the news business tv business and information in general i'm sure you'll say, yes, i'm right. >> and it's been for fox news as you say roger ailes is the founder the leader and the guru of fox news and there's never been another leader. the timing is not coincidental. it follows quickly what happened at the parent corporation 21st century fox with rupert murdoch relinquishing the ceo title and becoming the-- and i think roger ailes, i wanted to discuss this with him there's no change at the top of fox news and the official company announcement says that roger will continue to report to repe

. >> rose: did he ask roger ailes about there? >> i'm sure he probably didn't. because actually one of the-- you know because there is always fights within that company. and one of the things that i had to agree to is not to speak to roger ailes. >> rose: way, explain that to me. you had to agree not to speak. >> yeah. and this is partly because of gary ginsburg who was always having a fight with roger. so i don't think that they wanted roger to get-- find his way into the story of this book so anyway i agreed to that. which was-- i only reluctantly did. because i actually like roger a great deal. >> rose: did he find his way into the book. >> he didn't, well only from rupert who said sort of unkind things about roger. but that let roger go back to rupert and yell at him and get more money. >> rose: roger yells at rupert. >> well yes yelling is, i think, overstated. he goes in and he-- well i don't know. i don't know. i think-- anyway. >> rose: he would differ but i don't think we yell. >> they have their way of negotiating. >> rose: yes. and so the book is publ

someone i wish i had talked to was roger ailes, head of fox news. roger ailes was a fairly obscure daytime tv producer in 1968 when richard nixon discovered him and put him in charge of his media team. he plucked him out of the crowd. he had an eye for talent. ailes had a lot of talent. he did that kind of thing all the time. for all the craziness of watergate, nixon had a good staff. brian: you mentioned dwight chapin, who spent a lot of time around nixon and he also went to prison for six months or so for perjury in that whole thing. let's listen to dwight chapin on an oral history from the nixon library. dwight chapin: it's very late at night, we went and got on the plane. he had one or two of those small bottles of scotch. and, he was exhausted. and the next thing i knew, he was crying. and, what brought this about this emotional uprising, is that he was talking with ray who i think was drafting some stuff for the speech in miami. they were starting to work on his acceptance speech and how that might work. this was the one in 1968. he started ta

dcc my boss roger ailes on this letter which means he is not only correcting me he is trying to get mee. the writer is what we used to call a think. wi that's with a short i. thank you for your helpful input. don't get me fired. i don't have any other talents other than shouting. >> finally tonight my favorite part we present the first installment the very first of hard evidence. this is a show within a show where we examine one of the most disturbing cases in recent memory. this is the story of trevor a man whose life took a detour that involves kidnapers drug dealers murderers alien invaders a man known only as the seeker that culminated in the trial of the century. here is trevor story in the first of 52 parks. >> trevor is born and raised in houston, texas. most of the days were spent driving a zamboni at a hockey rink. he went for a walk by the beach by the atlantic ocean. it changed his life forever. forensic pathologist michael bad din explains. >> this is entirely unexpected. because of it we had to make a much further investigation. >> it was a cold july night with snow on the

. >> fox news chairman and ceo roger ailes had a chance to tell the crowd about his good friend. >> itis his wisdom and kindness to jew and gentile alike which is his living legacy. as a small child he was in art class and the teacher came by and said what are you drawing abe? he said i am drawing god. the teacher said well nobody knows what god looks like. he said, they will in a minute. >> he is stepping down as national director of the adl after 30 years leading that erg ohzation. >>> the time -- leading that organization. >> video of the accused church killer moments before the murder. could he have been planning this for months? we are live. >> the only message posted on the accused killer's facebook page. it is a message of love and forgiveness. you have to see this. no artificial flavors, colors sweeteners preservatives, and no artificial smiles. because clean dressings, taste better. panera. food as it should be. automotive innovation starts... right here. with a control pad that can read your handwriting, a wide-screen multimedia center, and a head-up display for enhanced driv

you know him as roger ailes. he's signed a multiyear deal with 2 19 century fox. lead the fox news channel, fox business network and fox television stations. roger will jointly report to rupert murdoch and sons lackland and james. from all of us here at "the five" congratulations, boss. >> yea! >> very exciting. >> i lost the order so i'm going to go with greg. >> there you go. greg's eternal questions about life part seven! all right. my question today is why are public wedding proposals seen as a positive thing? do you invite 300 people over to an open house when you make an offer on a house? the most important decision of your life you put pressure on this person and then you demand a yes or no answer for the most important decision in that person's life? right there? it is insidious. i want it to stop! >> do you have video or something? >> no i don't. >> no elements to that? >> they wouldn't let me show the stalker video. you know the stalker video? the one where the guy comes up behind the other guy and sticks his finger -- they wouldn't let me run that one.

twenty-first century fox in the news today, the parent company of fox business announced roger ailes announced a multi-year contract will allow him to serve as chairman and ceo of fox news and fox business network and fox television stations. we can look at twenty-first century fox stock which is fox a, you can see how that's trading, up slightly. you could call that flat. we're happy around here. a great leader. >>> closing bell 38 minutes away, shocking details emerge in the irs corruption investigation. more than 24,000 e-mails missing. where did they go and why did the irs not turn them over to congress in the first place? that's a little obvious. >>> miss universe looking for a new tv home after dumping out of donald trump! that's right. his latest celebrity feud, univision pulling the plug. they were carrying the beauty contest and blaming donald trump's comments on immigration, divisive, angry, hurtful comments about mexicans they say. charlie gasparino has exclusive details on this next with donald trump in backpeddle mode. the real question that needs to be asked is "what is

somebody figured out, some very smart people figured out roger ailes figured out for fox that there was money to be made by having a conservative talk channel, and that is exactly what they did. so the people on the right could know where to go to get their evening fix on what was going on and most of that's very partisan. and then msnbc figured out their making money on the right. let's make money on the left so they started msnbc. it's not as extreme as fox is, but it's pretty partisan. they don't cut much slack for the other side. poor old cnn tried to go down the middle and they've lagged in the polls so they've lagged in the rate examination the other two have been more successful. also the internet, of course, is a source of enormous amount of information. some of which is not true. and the internet does nose have editors in many cases. so the public is being bombarded with all kinds of partisan -- highly partisan information and i'm not as a reporter, former reporter i'm not for censorship or putting restrictions on what people can say on the media or the internet but i think we

he actually got more support from the chairman of fox roger ailes than his own people at nbc. >> right knows maybe he can help right the struggling msnbc. look their ratings have been tumbling and especially in that key demographic. but if i worked at msnbc in the news department i would be asking myself, is this the dumping ground for people who are ashamed -- shamed out of the being on the network? i think that brian williams apology tour is a very good move for him. i think it was essential in terms of re-establishing trust. i agree with lynn. i think it is personally sad when this happens to someone who worked so long and so hard to get where he was but, i think he is really lucky because other people and women will tell you other women would not have been given the a second chance. so i think on balance yes the punishment does fit the crime and it's a great opportunity for him. jon: he fibbed about his own involvement apparently in stories, nobody died. he didn't kill anybody. lynn politicians lie to us every day and we let them stay in office. >> people vote and they decide wheth

it wasn't because roger ailes had this idea that we were going to hit it off so well. we sit together on that end of the people and we are the shortest. [laughter] all the way in the back. julia from anaheim. >> i want to thank you for being a positive influence. my question is being with president bush we know that he has a special relationship with god. how did you see that come to fruition behind the scenes? >> thank you for the question. here's the feedback from the book. mothers have said thank you for being a good role model for my daughter, not just mothers but that's common too and there is a special story about my dad and i when i was in the third grade i had to read before he got home from work and discuss two articles. i grew up in a lutheran church and he thinks it's hilarious that i was in the choir. [laughter] president bush didn't shy away from his face. he lifted and he was willing to talk about it. one of the things i remember in particular they would say i prayed about you and he would say i know i can feel it. he and mrs. bush said they really did fe

. >> i got a call from roger ailes the opportunity to do that five days a week morning show had alwaysl. >> down with doocy and kilmeade at fox and friends. that is painful to have to get up and look at them every day right? >> not at all. >> he is always shopping. >> you mean for food? >> is that my husband? >> your husband is like that, too. >> oh, yes. >> that was fun and now you have got your own program right? >> i do. >> so your biggest message to young women who want to do what you have done, you got one message. what it is it? >> a fat little girl from a small town in minnesota who happens it to play a mean violin can grow up to go to stanford and oxford and become miss america and get her own tv show if i can do it, you can do it too. >> good message. thanks for being here. >> thank you bill. >> again gretchen's book getting real out tomorrow. we come right back, megyn kelly on the escaped murderers in new york and naacp woman who says she is black but may not be black or something. kelly is next. ease my constipation i trust dulcolax tablets. i take dulcolax for dependable ov

business and fox news are, of course, owned by 21st century fox, and the networks' chairman and ceo, roger ailes, says he expects to continue reporting directly to rupert murdoch. we're watching that investor reaction. shares sank a little bit, about 1% on the news, and they closed just down a little bit. guys? melissa: all right, jo. we're hearing some breaking news right now, too, that i wanted to ask you about. dick costolo, the ceo of twitter, stepping down effective july 1st. can you tell us anything about that story? >> yes. we are getting news from dow jones right now that dick costolo will be stepping down on july 1st. we are reaching out to twitter right now on this. there has been investor concern about the volatility of the stock since it went public. not too long ago. and you can see twitter stock is reacting on this news right now. there has been a lot of volatility inside the c suite at twitter as we reported on over the past year or so. there also have been calls for twitter to be acquired, to be sold to a larger company, perhaps a type like google -- melissa: jo? >> we're dilling

some reporting that roger ails will also be reporting to the younger murdoch, something of a surpriseis not necessarily -- >> i know. the parlor games continue. there's been some analysts saying it's range bound. >> the last quarter wasn't that good. there were some developments in india that are going to be terrific. i think it's an international story but one of the things that's different is that the other guys are doing so well. unbelievable numbers. we know bob auguster is doing amazing numbers. it's a crowded field, and i think when you look at fox, even if they're doing well they're not doing as well as some of the other guys. i think that's because the other guys are so good. rupert is good. >> disney giving universal some props on this jurassic world. pitch perfect three is now in development. vin diesel with some comments regarding the next furious films? . >> when you're hot, you're hot. you have to see it with 3 d. >> half of sales were in 3 d. >> the end is fabulous. >>> star bucks plans to close his caves. the company issued a state saying we have determined the caves ar

fox news chairman and ceo roger ailes has signed a new multiyear deal with 21st century fox.s is also the chairman of fox testimony vision stations. ailes will report to executive co-chairman rupert murdoch as well as incoming team of twenty-first-century-fox including ceo james murdoch and executive co-chairman, lachlan murdoch. the announcement was made together by rupert murdoch. lachlan murdoch and james murdoch. rupert murdoch released a statement saying in part, lachlan, james and i are delighted roger will lead key business for us and our shareholders for years to come and he has our unwavering support. lachlan and james murdoch also saying quote, roger is an incredibly talented executive and we're pleased he accepted our offer to continue his extraordinary record of success at 21st century fox. take a look at shares. we'll be right back. you probably know xerox as the company that's all about printing. but did you know we also support hospitals using electronic health records for more than 30 million patients? or that our software helps over 20 million smartphone user

we also expect roger ailes will say in his current role reporting to rupert murdoch. what we're learning more about james murdoch over the last week since the news broke his he is interested in the digital side of news productions of we expect to see personal and protection will interest to continue to flourish. maria: thanks so much, shares of 21st century fox lower in pre-market trade. we knew this was coming and the chase carey will step down this summer. >> as far as changes are concerned we can assume the elder murdoch, rupert murdoch will have plenty of say about what happens. maria: you mentioned a digital part of the story, one of the strengths of james murdoch. >> professional and personal interest in a variety of start ups and new media organizations. he is expected to continue that investment as with any sort of generational change at the top of any company, digital becomes more the forefront but we can't forget rupert murdoch is into technology, tweets on a regular basis providing fodder for discussion. the entire direction is not expected to change much a