i'm shari aun in new york where it's cloudy and dark and rainy. miss asia right now. >> come catch the sun in sydney where we're just getting started on beautiful spring days. you are watching "day break australia." our next guest says it's hard to enen-- generate sustained recovery. matt great to have you. let's get started, this is a reminder of the week that was in particular equities. let's just try and bring up this chart here guys. for a little bit of a remainder of what that narrative was. a lot of people are talking about when we'll see opportunities. if you're a value investor, there's lots of opportunities now with that in space. what's going to be the catalyst for us? >> that's a great question. when you look ahead, valuations are indeed attractive as you say. at the moment i think we're lacking a catalyst with a trig point to yen rate what would be a sustained recovery. there are two key drivers always. china, which drives the economic and earnings cycle, and the u.s. which among other things drives the funding costs. when you look at

with shari read stone, fox business is first to report, this she leaves cbs alone for two years doesergers with the other company she controls, viacom and at that point cbs attempts to sell it, we hear there's progress made on that front. liz: must be, the stock is up 3% in the final 15 minutes of trade. >> when we first reported it, there was a huge spike in the stock. this is a big story. by the way, these deals could happen after the bell. i've been told by all the people around it. liz: on a friday, they love to put out news on a friday, trust us, they think it will go away. >> it's kept lock and key, but it could happen after the bell, and i think i'm going to go home and do a splib. that was not a splib, did you see how big that marijuana was? liz: the first blockchain hedge fund, we've got the guy in charge of it. don't go away. mgx minerals' disruptive technology can extract lithium - used for batteries from expired oil wells. mgx's new pilot plant aims to produce lithium-carbonate one hundred times faster than from conventional lithium brine. mgx minerals designed to save yo

. >> so i'm shari erickson. i'm in government affairs and medical practice vice president at american college of physicians. our membership is made up of about half primary internal medicine specialists as well as subspecialists in all different types of internal medicine, oncology, rheumatology, pulmonology, lots of ologies. we do have kind of a unique view of this because of the makeup of our membership, and even within the membership our members are in academic centers, they are in track to acos, they are in pioneer acos, they are in small practices. i would say a large significant number of our members are in the mips program. and that was expected just as it was across all the eligible clinicians that are participating in mips. so i hear a lot about it from our members and wanted to reflect on some of the things that i've been hearing from our members and sort of give you some buckets of what those look like from their perspective and their experience within mips. so i kind of grouped it into a few differen

the other property that cbs holds and shari redstone was trying to get an active merger between both cbs and viacom. les moonves was against it. that touched off the legal battle that has been settled with the, with the departure of moonves and agreement from shari redstone, in two years she will not touch cbs what happens in those two years? from my sources are saying the board of cbs will likely be shopping cbs to a bigger player and then it become as guessing game who might buy them. i tell you this becomes fascinating, if you think about it, some of the biggest likely buyers are out. at&t can't buy them now, digesting time warner. justice department doesn't like the deal. they probably won't like this one. comcast, same sort of stuff. justice department has bull's-eye on comcast. think they are too big. i don't think they will allow them to buy cbs. leaves players like netflix an amazon. do they have the appetite now that they're developing their own content to buy old line media from cbs? verizon, looks like maybe after two years, cbs might be forced back with viacom. there will

news4's shari stone was there. >> i'm scared because i've gotg d kids. >> reporter: becky worries about her grand kids growing up in thl ca church. she says she is a clergy abuse survivor. >> i don want them to be hurt like i was. >> reporter: she leads a local chapter of survivors network for those abused by priests. enshe ad a private meeting inside cathedral of saint i matthe southwest d.c. she and other parishioners are upset about the recent scandals involving the church. >> i want them to post the names of all the credibly accused priests. >> reporter: the council invited the church parishioners t share their concerns about the recent clergy sexual abuse scandals. the controversy comes a deacon james garcia from saint matthews called for washington's archbishop op cardiall d wuerl to resign. >> i felt the time had come to actionme manner of >> reporter: a recent grand jury reportccuses wue of covering up priest abuse sex claims when he was cardinal of pittsburgh. he denies doing anything wrong. repeatedly for an on-camera interview but he's denied our request. >> he sneeds to step

removed from office and jailed for corruption in july but has been freed pending an appeal hearing shari says the charges are politically motivated. for mobile asian prime minister najib razak has been arrested and is appearing in court he faces fresh charges of money laundering and abusing his position it follows allegations that six hundred twenty eight million dollars linked to a state investment fund ended up in his personal bank accounts. and in peru lawmakers have backed president martin viscosities call for a referendum to combat corruption in the political and judicial systems parliament will fine tune the proposals before the vote is held in december it's a rare victory over the conservative opposition party which controls over his congress. the leaders of north and south korea are concluding three days of talks with a hike up the north's scenic mount pic to moon j. and kim jong are keen to show they can overcome obstacles together after agreeing a raft of measures to improve ties between the two countries they have been in pains to show a united front but the rift between washi

removed from office and jailed for corruption in july but has been freed pending an appeal hearing shari says the charges are politically motivated. colombia is growing record amounts of cocoa the raw material used to produce cocaine last year coca acreage increased by seventeen percent according to the u.n. colombia has long been the world's biggest cocaine producer president even two k. has pledged to implement new measures against drug trafficking. in peru lawmakers of backed president martin is caught or is call for a referendum to combat corruption in the political and judicial system parliament will fine tune the proposals before the vote is held in december it's a rare victory over the conservative opposition party which controls peru's congress. the leaders of north and south korea are concluding three days of talks with the hike up the north's scenic mt pic to. end kim jong un are now keen to show they can overcome obstacles together after agreeing a raft of measures to improve ties between the two countries they've been it pains to show a united front even if bigger stumbling b

it is going to be feeling disappointing and likely to stay cool and shari for the remainder of the weekm the bbc news at one , so it's goodbye from me , and on bbc one we nowjoin the bbc‘s news teams where you are. good afternoon. your latest sport. alastair cook has hit a century in his last international test match at the oval. he began with a 100 against india... he wanted to bow out in style and in the end he has made the history books. out in style and in the end he has made the history booksli out in style and in the end he has made the history books. i was sitting here wondering how many in their careers get to choose their perfect ending. not even don bradman managed to do that. joe root said he felt it was written in the stars. this second innings for cook in this test match has been classic. surviving bowling yesterday in tricky conditions. today, far more fluent, scoring off the back foot. never looked in trouble, to be honest. helped through those last nervous moments by the indian fielders. he got to the historic landmark with overthrows. could not really have been any bett

shari 'she may have been protecting other people too.tta make harder decisions to be smarter.' (vicki) that was charmaine nero reporting. the family says they notified deputies about the incident, but say a report was not filed. they say they're hoping the woman returns so they can help her out with any resources she might need. (ryan) a bus driver in indiana los her job and is arrested after being caught on camera ... teaching students to drive the bus. in the video-- you can see a child in the drivers seat-- and the bus driver telling them what to do. police say 27- year-old joandrea mcatee allowed three students to take turns behind the wheel. the students were 11, 13 and 17 years old. other children were also on the bus at the time. mcatee was arrested and charged with felony neglect. she was also fired from her job as a bus driver. (anchor) taking a live look outside... at the san mateo bridge.(anchor) time now to check on our weather... with chief meteorologist lawrence karnow. lawrence karnow: it was a nice day with karnow: it was

if shari redstone cannot step in, exert control, merge viacom with cbs, cb.ell itself to at&t or whomever, if at&t can -- i just throughthrew the name out there. i don't know that for a fact. they're obviously emersed in the time warner business challenged by the federal government as we speak. that is their gameplan, to keep her away from the company, in the sense somewhat on their own and sell it. neil: interesting. you were ahead of this, so much stuff. thank you, my friend. >> anytime. neil: meantime, senator cory booker wants to release a lot of these brett kavanaugh documents. so doing, he could risk technically breaking rules of the senate and have his heinie thrown out of there. he has three democrats support what he is doing. that could be four democrats could be flung out of the senate for doing so. what will happen after this? hi, i'm joan lunden with a place for mom, the nation's largest senior-living referral service. for the past five years, i've spoken with hundreds of families and visited senior-care communities around the country. and i've go

moonves loses, redstone wins half the board has been replaced shari redstone will put off any merger between cbs and viacom for two years and cbs has pulled a proposal to issue shares to minimize her power everything is good between cbs and shari redstone shares have come back since they said last hour on fast half you should buy cbs on the dip. there's also the question over who will be the ceo, the coo is filling in, now also president there are questions about whether moonves will get any severance. now "forbes" has his net worth around $700 million but he may have to live on that if outside investigations find he violated cbs's sexual harassment policies and if "the new yorker" stories are true, the answer is probably yes. hard to believe, guys, we are a month away from the first anniversary of the metoo hash tag which began in october after "the new york times" and new yorker published accusations against harvey weinstein n november charlie rose lost his job after a story in "the washington post," nbc fired matt lauer after its investigation. cbs took a slower path with moonves

bob bakish has certainly earned the trust of shari redstone, that she may go out right now and try toind somebody who she really likes to lead cbs. cbs has been the more stable of those two companies over the last several years and a merged company would certainly be stronger at a time when many of its rivals are getting bigger would still be significant was smaller than a disney at&t comcast and on down the line. vonnie: what is the most importance priority let's say for viacom right now? lucas: for viacom, i think it's trying to figure out what the future is of those tv networks in a world where tv seems to be shrinking. cbs at least made an effort over the top of internet services at all access and was showtime. viacom has not taken a between properties over the internet. it is still largely rely on the traditional tv ecosystem and the only growth you've seen it is international tv networks. bob bakish knows is going to have to come up with more to convince wall street that the company has a bright future. lucas shaw, thank you, coming to los angeles. three of the board members tha

this was going on amid a corporate tug-of-war between moonves and the controlling shareholder of cbs shari redstone. now fast forward six weeks. farrow heard from more women, more accusers who were concerned that cbs was not taking action, was not holding moonves accountable. farrow published a new story on sunday morning on the new yorker website. just within a few hours, moonves was out. now, the caveat here, the complication is that the negotiations for him to leave were already underway at that point, but it seems clear that the new harassment allegations which also included allegations of assault, which were even more disturbing than the first set of allegations, all of that a major factor in this sunday night announcement. moonves is one of the most powerful men in tv, one of the highest paid executives in the media business. so this is leaving a lot of aftershocks. there are going to be developments for days to come, including about how much moonves is going to be paid on the way out the door. normally he would have been paid well over $100 million if he had just been forced out one

trish: if you go up against shari redstone you better make sure there are no skeletons in the closethe had the law on her side. he thought he could browbeat her and intimidate her. didn't happen. trish: we'll get more intel from charlesly. steve, good to be here. >> congratulations on your krugman award. trish: i like the way you phrase it, my krugman award. when you're the subject of paul krugman's column own a friday, i suppose it's a badge of honor. good thing we're not in agreement. we expect to hear from the white house any minute from now. sarah sanders taking questions from the media. we'll bring that to you live as soon as it begins. shares of apple falling after president trump calls out apple to have shift production from the china to the u.s. can that really happen. andy puzder is here. >>> that "new york times" op-ed, that horrific, horrible thing that they published. andy has some thoughts on it. he is next. fact is, every insurance company hopes you drive safely. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...

is that part of the reason you're being there >> maybe it's the reason that i'm interesting to sharit i built it based on the notion that video is transforming the media business we've been soin it 17 years >> there's a front page story in "the new york times" by james stewart, really discussing how the board turned on moonves, after it appeared that he wasine women by giving her a job at the company. do you know anything about it? >> no, i'm new at the company. i'm a huge believer in compliance i've been running public companies since i was 29 and they've always been highly public companies the opportunity to take over take-two was in many ways driven by compliance. i think any great company has to do what it do and has to be highly comblient >> let's talk about take-two, if you look at the video game industry, the battle royale are the ones running thing how do you think about it? is it a trend here to stay >> it's hard to determine. fortnight is a great title it's a massive business, 130 billion dollars plus worldwide business hits bring in consumers. we'd love to corner the marke

they'll see sharis davis in kansas 3, the daughter of an army veteran, a member of the -- [inaudible] nation and a professional mixed martial arts fighter who is take thing on now her toughest fight to date which is to get elected to congress where no native american woman has ever served in our history. and they'll see deb holland in new mexico's 1st, a member of the laguna tribe, making history with her. they'll see sochil torres in new mexico too, the granddaughter of mexican immigrants who came to work in the fields. she now works with farmers on water rights in the same border community where she grew up. now, they'll also see what the other side was doing. they'll see republicans in congress trying to take away our health care and women telling their stories to stop them. including women like betsy rater in ohio's 14 who's lived most of her life with a pre-existing condition after she was hit by a car as a little girl rying her bike. they're going to hear about cindy axne or who systemed her possessions on -- who sold her possessions on ebay because she couldn't get affordable m

scarred for life >> and probably more >> but it was a weird confluence that he could say, come on >> shario do was sit back >> didn't have to do anything, theoretically. >> ed lee of "the new york times. >>> when we return, more on cnbc coverage of the crisis ten years later continues. we'll speak to dan gallagher he joins us after the break. check out the futures right now. we look like we're in the red. "squawk" returns in a moment ♪ (whistles) ♪ come on. come on, squirt. (dog barking) whatever your financial goals are, a u.s. bank wealth management advisor can help make them a reality. talk to one today. u.s. bank - the power of possible. yes or no?gin. do you want the same tools and seamless experience across web and tablet? do you want $4.95 commissions for stocks, $0.50 options contracts? $1.50 futures contracts? what about a dedicated service team of trading specialists? did you say yes? good, then it's time for power e*trade. the platform, price and service that gives you the edge you need. looks like we have a couple seconds left. let's do some card twirling twirling cards e*trade

redstone national amusements control shareholder shari redstone and control of that company the storyn to also his package one of the greatest pieces of news we know that he went from 180 million to 100 million to 20 million what would package be? now actually saying in fact, that it could be 120 million if they don't find cause for termination, board changes 13 people onboard left back to you. maria: thank you so much switching gears to stuart varney has been two years since hillary clinton made this infamous comment. >> -- >> you can put half of trump supporters into what i call the basket of did he deplorables. >> stu to weigh. >> angry now as would years ago as of yesterday. the clip you ran there, was basket of deplorables was worse than that she spelled it out said trump supporters half of racist sexist homophobic xenophobic islamo phobic it will annoyed me i think probably annoyed 100 million americans along with me, look i've got a multiracial family my family we have people from -- look we've got three races african asian caucasian two religions christianity judaism, ethnic b

. >> reporter: the three of them, will, jada, and will's ex-wife shari say they've created not a stepfamily >> it's difficult. you have a child with someone and you create a situation in your life that has to be dealt with and a lot of times, you know, people walk away or people get angry and, you know, shut down. >> i mean, we don't have the perfect formula in any way, but we surely are working it out. >> he's had quite a career. >> yeah, and quite a marriage. her birthday was earlier in the month and he said happy 24th birthday because that's how long they've known each other. >> well done. >> this is definitely not how jada celebrated her birthday. look at that. >> the big 5-0. you've got to do it big. >> go big or not come home? do it big. >> go big or not come home? figuring it out... not that fun... you might want medicare supplement insurance, too. uh oh, more research. no big thing. not with this website. aarpmedicaresupplement.com to help make your decision easier.. with answers to important questions about aarp medicare supplement insurance plans, insured by unitedhealthcare insur

and she says because the presids quioned why one kavanaugh's accusers didn't ago.anyone years now sharike a point. padma laksh says she understands why women don't s because, she says, she didn't. she writes in a new york sometis op-ed her then 23-yead b raped her at age6 while she was sleepi. she said she tolhe himas a virg and not ready for sex. ior is didn't it, not to my mother, not to my friends, and certy not to the police. she began to blame herself. i always thought when i m lost virgin it would be a big deal or a conscious decision. the loss of control was disori she says by t thee she was raped, she had already been sile. when i was 7 years old, my step relative touched me between my legs shortly after i told my mother andstepfather, they sent me to india for a year to live with my grandparent thle speak up, you wi be cast out. sharg now, she says, because of the allegations against suprem kavana which he denies. say a man shouldn't pay a ice for an act he committed as a teenager, but the woman pays th f price the rest of the peo love her. prestrump's tweet on frid questioned

key impediment to a potential deal was his objection to the management of a combined viacom and cbs shariedstone wanted backic involved that stopped their ability to get a deal done. you could argue, tyler, his going away might make it more likely as part of the settlement negotiations, at least as reported by t"the wall street journa journal", there would be a standstill nai would not be able to force a deal or bring one to the table to cbs for at least a year and a half cbs shareholders don't really understand that. they would much rather have a majority of the minority provision for any strategic deal in terms of their vote with national amusements. it doesn't seem, at this point, like cbs is going to be sold certainly not merged with viacom it would appear it's going to have new leadership. interesting times. >> very interesting. very complicated tangled web that they are woven over there david, thank you. >> sure. >>> meantime, sheryl sandberg and jack dorsey face tough questions on capitol hill and the justice department took notice it is now looking into whether social media is, qu

there is, if you look into the documents a two-year stand still agreement between shari redstones thentrolling shareholder and cbs. connell: right. >> what does that mean? for two years she cannot force that viacom merger on cbs that she was initially proposed that les moonves and his team were against, which is why they're in court right now. that court case obviously has been settled with all of this. so they have two years essentially to shop themselves. connell: okay. >> the question is, do they find a suitor? a lot of people say, well, let's think about it. at&t is out, because they're busy with time warner, likely out. comcast is likely out, federal government, justice department, hates them, doesn't want them to get bigger, don't think they could buy cbs to pass muster. technology firms, netscape, netflix -- connell: netscape -- >> i'm really dating myself with that if netflix doesn't want to buy them, if amazon doesn't want to buy them, if apple doesn't want to buy them what is cbs left to do in the next two years? because be obviously they will shop themselves. connell: is th

the negotiations between the cbs board, shari redstone, the controlling shareholder from national amusement restrictions what redstone can do with cbs once he is out. we're getting that from sources close to the company. we should point out moonves is negotiating the size of his exit package which isn't finalized. i know cnbc put out a number of $100 million in stock. that may be the case but i hear this is not finalized and that the package could, could exceed $100 million. we should point out that we've been told by people inside the company, be careful with this story in terms of citing numbers and exactly what's going to go down because the negotiations between the board and redstone are happening as we speak. they are, they have been described as fluid by company insiders but i think some of the stuff we know, i think you can, this is surmise but a surmise based on food information that he is likely out -- stuart: he is likely out. i think we lost you, charlie. good reporting. we appreciate it. charlie gasparino, got it. cbs. dow down 86. more "varney" after this. making my dreams a re

he's leaving now without a golden parachute at the moment joe ianniello will take the interim seat shariviacom for at least two years though she's open to other ideas the cbs may come up with it's a new board, practical. half the board has been replaced some of the people gone may have been too closely tied to cbs dick parsons who used to run citi and time warner you've got straus zelnick. and barbara byrne. half the board now is made up of women. as for moonves, david faber reported he was negotiating an exit package for perhaps a hundred million dollars-plus but then ronan farrow struck again with a second new yorker story yesterday. six more women allege sexual harassment pretty graphic stuff this follows a story in late july with six other women claiming similar things. cbs is going to donate $20 million to me too supportive programs, money which will come out of moonves' seseverance. and he won't personally get any severance until after the investigation. it's hard to believe that one year ago harvey weinstein was still in power charlie rose and matt lauer still had jobs they're gon

charlie gasparino, fbn's guy, reporting a deal is being negotiated between the cbs board and shari redstoneom for two years. the stock is moving on that news, up nearly 5%. >>> switching gears, why don't we? the eagles beat the falcons in the nfl season opener last night. look at this, a new study finds that legal sports gambling could be a huge moneymaker for the nfl. according to nielsen, the nfl's annual revenues could increase by, look at that, $2.3 billion a year due to legalized sports betting. >>> jimmy vacccaro with us, south point casino sports book director in las vegas. jimmy, how much in bets were placed on last night's game at your casino? >> we did about a million dollars, stuart, that is pretty high for an actual opening thursday night game but people everywhere, i heard viewership was down but the betting is through the roof. they can't get enough of the nfl. they can't get enough of stock betting. we had a huge day. one gentleman bet $100,000 on the falcons. this is a new trend. they're coming up with money every day and lots of it. stuart: okay. now, i want to talk about t