sumner actually lived a long life. charles sumner recovered. he went through some serious 1850's medical treatment where he had burns put on his back as electroshock treatment. he was probably suffering from what we would call posttraumatic stress disorder. he was a big man who lived with these wounds his whole life. he lived until 1874. he was a senator during the civil war, he was from massachusetts. he ended up writing the best civil rights legislation. he was down but not for the count. he got back up. he served in the senate until his death. other questions? >> you said they still allowed smoking in congress? prof. balcerski: they allow snuffing which sounds disgusting. i'm not sure if anyone snuffs today. but yeah. what was i going to say about that? i'm not going to ask there are smokers out there. what i will say in doing my research, henry clay really doesn't go away tobacco culture. i have a slide here. this guy is all over product placement throughout american history. there's a cuban cigar called the henry clay. we see this box is p

sumner was six of nine, made all of his free throws.. xavier was 29-of-31 from the line.and sumner was simply unguardable at times. look at this. xavier shot 54- perecnet from the field for the game.'x' opened the second half on a 15-0 runand xavier goes to 24-3 with a win at georgetown. wednesday night, at the cintas center, it's xavier against number one in the country, villanova and for the moment, uc is off the bubble. but if uc plays the rest of the way, as it did today? the bearcats won't have to worry about making the ncaa tournament. uber bearcats fans, nick lachey soaking it up...at fifth third arena. the bearcats gary clark had himself a game. six of 12, 13-points and eleven rebounds. this was a big bucket by kevin johnson. johnson was off the bench, eight points in 21-playing minutes.freshman jacob evans played well, too.

no reporter has set down with sumner for years now.e meantime, he has missed shareholders meetings, has not been out there public. david: he sounded weird. yeah, so on one hand you had people like philippe dauman say he does not get around so well, but mentally still sharpens attack, able to make his own health care decision, and at the same time you have this other portrait of his health which came out in this lawsuit in los angeles. his former girlfriend filed this lawsuit this past fall in november, and it gave this very grim, dire portrait of not only his physical health, but she alleged that he is not there mentally as well. david: this is a publicly held company. there is a fiduciary responsibility to investors. you wonder how long he has been out of it, and other people have not been talking about it. >> right, so you have had investors, and activist investors came out in january and put this 99-page -- totally laying out the case against viacom, against philippe dauman, saying you can't have sumner the chairman of this company

no reporter has set down with sumner for years now.the meantime, he has missed shareholders meetings, has not been out there public. david: he sounded weird. yeah, so on one hand you had people like philippe dauman say he does not get around so well, but mentally still sharpens attack, able to make his own health care decision, and at the same time you have this other portrait of his health which came out in this lawsuit in los angeles. his former girlfriend filed this lawsuit this past fall in november, and it gave this very grim, dire portrait of not only his physical health, but she alleged that he is not there mentally as well. david: this is a publicly held company. there is a fiduciary responsibility to investors. you wonder how long he has been out of it, and other people have not been talking about it. >> right, so you have had investors, and activist investors came out in january and put this 99-page -- totally laying out the case against viacom, against philippe dauman, saying you can't have sumner the chairman of this compan

at midcourt it is sumner coming away with a steel and yet another dunk. x by six. and while reynolds struggle to make free throws, he did miss this. xavier was up s still hanging around late. and here comes davis. he leads xavier with 16. the musketeers win it, 90-83. so the x-cellent season continues with xavier becoming the first division i team to reach 20 wins. another musky milestone. xavier ranked number five in this week' s coaches poll.

will sumner redstone give up viacom?oks like that is the case, he will step down as chairman today. who replaces him? it looks like there is a knife fight in the courtroom right now. says she is to be determined but it is not clear she has enough support on the viacom board. betty: if not philippe, who could be? chris: she hasn't specified you that would be. she just wanted an independent director and to that degree she has a lot of support from viacom shareholders. if the stock. a, people are not going to see the change -- at the stock falls today, people are not going to see the change their calling for. betty: who decides? chris: right now it is the board of viacom and that is aboard sumner redstone controls but it is not clear at this point he is exercising vote in this case? betty: what do you read into the fact that shares of both cbs and viacom went up after this news about sumner redstone? chris: there has been a perception and this is probably what prompted him to resign, itt he is out of it and has been going o

no reporter has set down with sumner for years now.gs, has not been out there public. david: he sounded weird. yeah, so on one hand you had aumane like philippe dum say he does not get around so well, but mentally still sharpens attack, able to make his own health care decision, and at the same time you have this other portrait of his health which came out in this lawsuit in los angeles. filed thisgirlfriend lawsuit this past fall in november, and it gave this very ire portrait of not only his physical health, but she alleged that he is not there mentally as well. david: this is a publicly held company. there is a fiduciary responsibility to investors. you wonder how long he has been out of it, and other people have not been talking about it. >> right, so you have had investors, and activist investor came out in january and put this totally laying out the case against viacom, against , saying youman can't have sumner the chairman of this company anymore and putting the pressure on. joinednvestors have sang, what we really know about hi

sumner's this is where he takes a complex term. was unanticipated.nt you know that sumner is ailing and stepped off the board at cvs. a little surprised that he so effortlessly was able to turn it over to philippe. if it everbate happens will be the next step. ofsumner dies, the future cvs and viacom is in this air revocable trust of seven members of which philippe is a member and shari is a member. no one really knows what the contents are. there are seven people on the trust and you need for votes or five votes to get things done. why would anyone be in the stock given that? paul: viacom has had its struggles. it is the blocking and tacky -- blocking and tackling. it comes down to their ratings. what it takes to turn around the isience of cable networks investment in programming. this has stumbled time and time again with ratings. investors are saying it is time for the company to invest in their programming. betty: at one point, mtv was such a hot property. so was comedy central. paul: there's always one big cog in the machine that isn't working.

rain forthe end of the sumner redstone.t to head out to los angeles for this because it was some board -- some boardroom drama with shari redstone saying she does not think they should be chairman of the company. what should happen -- what happened here? it sounds like she is on an island. according to people who know what was happening on this sherry wascall that the only dissenting voice. it was a 10 to one vote, including sumner. philippe has spent a lot of time currying favor with sumner and the rest of the board and he has a lot of people who are loyal to him and it's going to take more than her attitude to change that. betty: so what happens to her? she still has a say in both companies and when her father dies, the power and control of natural amusement, which owns cbs and viacom does past through -- does pass through a trust in which she is a member. i think she can curry favor but at the moment, les moonves and viacom have sustained control of those companies. sounds like she may have the investors backing when she

more changes afoot at sumner redstone's empire. what is next for cbs and viacom as the companies embark on a new era. the zika virus continues its spread, rising in the u.s. and spain. could genetic engineering be the answer? first, to our lead. linkedin shares plunging in after-hours trading as much as 30% on weaker than expected guidance for 2016. revenue in the current period will be $820 million, falling short of estimates by $47 million. revenue in the fourth quarter climbed 34%. the company reported net loss of $47 million, down 6000% year-over-year. he with me to break it down is our bloomberg intelligence analyst in san francisco. david kirkpatrick and new york. and our editor at large, cory johnson in new york as well. great to be here. all of us here. in one place together. cory, break it down. is this just about the forecast? cory: it is about the forecast for this is supposed to be a growth stock. across of a lot of important metrics. you saw growth but a meaningful deceleration of that growth. emily: linkedin gets comp

sumner was six of nine, made all of his free throws.. xavier was 29-of-31 from the line.and sumner was simply unguardable at times. look at this. xavier shot 54-perecnet from the field for the game.'x' 15-0 runand xavier goes to 24-3 with a win at georgetown. wednesday night, at the cintas center, it's xavier against number one in the country, villanova four more local teams in action tonight, including kentucky which tips off in a couple of minutes at texas a&m to thomas more college, where the saints were looking for their 25th win of the season and their 58th in a row. senior day.and senior sydney moss, playing her final regular season game, score eleven of the first 14 points in this game.thomas more led st. vinceents 28-8 after one quarter. 50-30 at the half. and moss had 30-of the saints 94 points.with three-oh-three left in the first, moss hits a three that gives her the presidents athletic conference career scoring mark. its a record that has stood for 23 seasons.tmc finishes regular season undefeated for third consecutive year 9

shares of cbs and viacom are surging on news that sumner redstone is stepping down as chairman of cbs david faber reports and joins us now. these stocks are trading as if they are both in play. what's in play here? is that the actual reality? >> people may be getting a bit ahead of themselves, melissa, but there's been interesting developments after the bell today. cbs replacing mr. redstone who has been the executive chair. with its ceo leslie moonves and voy come, as we reported, will have a board meeting tomorrow. they have confirmed they are having a board meeting but haven't told us what it's about. what i'm telling you, of course, they will be electing a replacement for mr. redstone as the chairman of viacom as well. also got a statement from sherry redstone, of course, who is sumner redstone's daughter, the vice chair of both cbs and viacom, and in the statement she makes it clear that while sumner redstone's trust indicated thinks intention that she succeed him as chair at cbs and viacom, she's not interested in doing that. in fact, she says her singular focus is to act as you

these girls trying to get one step closer to state up in fredericksburg its sumner-fred hosting nashua- plainfield late in the first thats the huskies abby lumley dialing long distance... and its good theyve got the early 9-8 lead. cougars respond nice bounc pass inside to jaydlin seehase who finishes with the layup huskies turning defense into offense off the steal and up ahead to britney holthaus she makes it count huskies down four cougars passsing was on point tonight another down inside to seehase she found a whole in that zone then cougars are doing it on jenna brandt... with the steal going coast-to-coast... pull up at the block sumner-fred ties it up 14's final take from ivy hirsch just a freshman driving the lane for the layin and sumner-fred holds on for the convincing 46-25 win lets move onto boys basketball linn mar visiting waterloo east... 32- 30 at the break we pick it up in the second linn mars jordan brandt.... hes good from long distance extends the lead to five ishais wade doing what he can to keep east in it... look at the the move and kiss off the glass more from w

sumner was six of nine, made all of his free throws.. xavier was 29-of-31 from the line.and sumner was simply unguardable at times. look at this. xavier shot 54- perecnet from the field for the game.'x' opened the second half on a 15-0 runand xavier goes to 24-3 with a win at georgetown. wednesday night, at the cintas center, it's xavier against number one in the country, villanova and for the moment, uc is off the bubble. but if uc plays the rest of the way, as it did today? the bearcats won't have to worry about making the ncaa tournament. uber bearcats fans, nick lachey soaking it up...at fifth third arena. the bearcats gary clark had himself a game. six of 12, 13-points and eleven rebounds. this was a big bucket by kevin johnson. johnson was off the bench, eight points in 21-playing minutes.freshman jacob evans played well, too. clark though, was the catalyst. with eight-40 to go in the game, this bucket gave uc a 14-point lead.the bengals dre kirkpatrick was all over that.but with four minutes to go, connecticut's rodney purvis cuts

coach chris mack says this isn't the time to wonder what would have happened if sumner had not gotten hurt. the game starts at 7 p.m. at the cintas center. live now... a local university is become smoke-free. plus a check of your rainy wednesday forecast.. and how the weather could impact your morning commute. "fox19 now never stops. take us with you wherever you go. download the fox 19 weather now app for live street level radar in your neighborhood. and lightning tracker warns you the instant lightning is detected near you. search fox 19 weather now in the app store or google play weather now anim a flood watch brandon thinks hellmann's is heaven in a j that's because our ingredients coro.. farmers committed to responsibly sourced oils... blended with ingredients li cage-free eggs. m. heaven. real ingredients. that how we're working to temperatures fall to 33 degrees tonight look for scattered snow showers thursday morning with most impact. however i can't rule out some slushy snow for thursday we will snow showers with accumulations best 1 inch however most melting on impact with h

sumner we think he created a fantastic company. and bought himself a period of time to do the following. first take a partner in in pair mount. you have alibaba and amazon and alphabet. three companies could put 10 billion in at jv and you could have an interesting currency to make acquisitions and what they need which is a hit business. take on amc and other companies, the way the chinese did legendary. the values are there. secondly from 30,000 feet for september 30th, 400 million shares of 45 or $50 stock with 12 billion in debt, you got 4 billion and capex of 100 million. what is he going to do now that he has another role? the question is what did she mean in the previous comment about surfacing the value for the shareholders? is national amusement on which there's six participants? he's one of the three. sherry is one, tile letter is the other and phillipe is one and you have two individuals that have been around for a long time. what will they do? that's the dynamics. >> what do you think the relationship between them is goi

sumner to myles davis. j.p. macura, and the big man they will host the nation' s number one team on wednesday at 7:00. here of the stats from the game. muskies were not hot from the three-point line. three for 17. they were nearly perfect from the charity stripe hitting 29 of their 31 attempts. the bearcats have been tormented by close games this year. they lost to butler, iowa state, temple and tulsa. a margin of 10 points. the bearcats hosting yukon hoping for a season sweep. big man throwing down. clark making moves. drives in. here he' s when the cap back out. the triple is good. next the shot clock winding down for jacob evans. the contested three. pitino and the cardinals hosting the blue devils this afternoon. we go to the first half. franklin products cutting to the basket. marshall plumley with with the assist. it was going strong into that was just two of his game highs. loyal making a comeback. damion lee in, he drains it for the lead. they wore out did for this win. archie miller squad hosting. charl

sumner redstone steps down. we will discuss. first to the lead, gopro shares plunged in extended trading. investors focused on the sales guidance coming in way below estimates. first-quarter revenue between $160 million and 180 million dollars compared to 287 minute dollars and estimates. the company is also playing the cfo with ryan mcgee from qualcomm. it slashed the price twice since its debut in july. what is next for the company to do? is bob mcdonnell. thank you for joining us. what went so wrong at gopro? >> the problem you've got is this is a company that's been trying to promote themselves originally as a media company and as a bigger vision player. people have recognized it's a hardware company that has an audience that quite radically is somewhat limited. -- quite frankly is somewhat limited. we pretty much have what we need, and this is the reality they are starting to face. to nicket's listen woodman on the call just moments ago talking about the competition. take a listen. >> in several respects, business is good.

>> sumner red mon has been resigneds cvs. -- cbs. of course this comes as among various lawsuits claiming that sumner redstone is no longer able to operate as chairman of both cbs and viacom, so this says that there -- redstone will continue as eye mer tuesday, and his daughter sherry redstone will continue to serve as vice chair. so this raises questions about what's going to happen at viacom where redstone is still chairman, and also we'll see what happens with the shareholders lawsuits that are being filed against -- as well as sumner redstone. currently a lawsuit filed bits his ex-girlfriend. back over to you. >> looks like the shares of popping on the news. frankly there's been a lot of concerns, so what does it mean strategically, do you think, for the future of these companies? >> reporter: i'm sorry, what does it mean for the future of cbs? it was long expected that les moonves would take on that role, so i don't think it's surprising here. cbs is certainly considered the healthier of the two of sumner redstone's companies. v

the stock's on the move since former chairman sumner redstone resigned as chairman earlier this monthust gotten more dramatic and juicier as private details may provide fodder for shareholder lawsuits that may explode all over the place. charlie gasparino coming down to break it right here next on "countdown to the closing bell." ♪ ♪ you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call to learn more. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at see car insurance in a whole new light. libe

. >> second after x did not slow down. second half davis three out of the gate. sumner doing what coach told him to do yesterday. 54-50 x making it look easy. passes it. another throw down. why don't we just give them 1 through 10 top place tonight. so fun to watch. 79-65 another one. he finished with 19 points and the muskies with their first win >>> the final 1, 1 more time, 90-83. sumner 19 points, nine assists. xavier a half game behind villanova in the biggest standing. >> this is stuff that you dream about when you are a little kid. i glad to have experienced this. >> it is not the first time we've beaten number one. i say we as in xavier, it is first time for this group, they will remember that.. we have bigger fish to fry. we are not sitting around with a 14-14 record. we have the group that they continue to gt better. win, it is the 4th time in school history that they have knocked off number one. a big reasony shopping for an suv? well, this is the time. and your ford dealerer is the place, to get 0% financing for 60 months on a ford suv. that's right. just announced. ford exp

edmond sumner will penetrate. back to back career-high 20 points. sg you gets the win. >> the word that comes to mind is fearless. that is what of whatever venue we step into we want players to play without fear. >> it is almost like he tied it on purpose to make another three. whatever it is he' s got it. he is not the only guy. we have a lot of guys like that. anchor: cincinnati on the road. men is a tough place to play. tigers came out ready to compete. the dagger wide-open. under two to go. on the three, a one-point game. the tigers have an immediate answer. memphis beats cincinnati 53, 6359. s running the louisville basketball team left to -- led to a ban. here is what they had to say when they found out their dreams of playing in march were taken away. >> once we heard the news we were devastated. just heartbroken. thankfully we have these guys behind us that are here and can pick us up. >> a lot of things happen outside of our control. we have nothing we can do. there is nothing we can do about it. anchor: one day after announcing their ban l

sumner redstone is out despite objections from his own daughter. lauren: earnings beat wall street expectations at linked in. we'll tell what you went wrong at career networking site. nicole: get ready for football. broncos and panthers take their final practices. lauren: weil show you some of the more bizarre ads you will see. including one called, monkey, puppy, baby. welcome to "fbn:am." latest breaking news and what to expect for your friday ahead. nicole: flying to a second place new poll in new hampshire. the poll says rubio gets 18% support in the granite state. donald trump holds the lead with 29%. ted cruz has 13%, followed by john kasich at 12%. the battle for second place between rubio, cruz and kasich remains with the margin of error plus or minus 6.8 percentage points. in interview with greta van susteren, new jersey governor chris christie talking about a report that he is teaming up with jeb bush to target rubio. >> complete baloney, greta. more "new york times" baloney. i guess they're getting bored. there are no back channel conver

back to edmond sumner, i think we can agree, he is the most explosive player on this team. xavier wanted this their first chance to avenge a loss this season, watch j-p macura save the rock, and find tre blue for the layin. x, continues their campaign for a one-seed with an 18-point win in d-c. let's do some tournament basketball. wilmington taking on harrison in fairfield. the wildcats the underdogs, but griffin mcmahan gives them a dog in the fight. that is until jarron cumberland goes no-look to alex miller, and the canes are off and running. later, it's jarron cumberland on the break, the future bearcat just running dudes over. it was 51-14 at the half. this little harrison fan says, look at the score - we should help them. he gets a quick no. and jarron cumberland goes back to work, did i stutter? you betcha... and it worked. wilmington wins by 17, jarron had 26 points. division three dark horse is roger bacon. dabulous. didn't expect much of a game today and we didn't get it. elijah fulton. his twitter profile reminds us focus and hard work is so - is being a lot tall

sumner redstone stepping down at cbs. are major changes up next? "worldwide exchange" begins right now. >>> good morning. welcome to "worldwide exchange" here on cnbc. i'm sara eisen. >> i'm dominic chu sitting in for wilfred frost. another busy morning in the global markets. we have it all covered for you. >> we start with breaking news from the european central bank. mario draghi has been speaking at the german central bank in frankfurt. among the headlines here, draghi say, quote, there's no reason for central banks to resign their mandates simply because everyone is being affected by global inflation. central bank speak for the risk of acting too late on ultra low inflation is greater than that of acting too early. draghi suggesting a wait-and-see stance could lead to a lasting loss of confidence. seems like he's making a political argument here for moving further, something he's already hinted at doing in the march meeting in terms of easing to fight slow or no inflation. >> he's mr. whatever it takes. this guy will say whatever he needs to. h

-the latter moments became a jam fest....this time it's sumner getting underneath...then the dish to won it by seven. only two games left in the regular season for xavier. sunday at seton hall...then back home next saturday against creighton. scenes from day two at the reds training camp in goodyear...joey votto positioning guys to shag balls...-that's lou pinella back in uniform next to walt jocketty.....-he'll help evaluate..and there's a lot of young talent here to evaulate.- a couple of his former players are also out on the field, eric davis has done this for several seasons.-and today barry larkin was spending time with billy hamilton-and then cosniderable time around the as barry's there, he'll be rumored as a future manager...but he knows it's more than just one guy: ((a managers job in my opinion isn't just about having the manager position. it's about having a support system.to support the manager. if that's the case, then that's something i'd have interest in, if that opportunity presented itself.")) itself.")) i think eric davis would like to be on his staff. nine on your

at midcourt it is sumner coming away with a steel and yet another dunk. x by six. and while reynolds struggle to make free throws, he did miss this. xavier was up s still hanging around late. and here comes davis. he leads xavier with 16. the musketeers win it, 90-83. so the x-cellent season continues with xavier becoming the first division i team to reach 20 wins. another musky milestone. xavier ranked number five in this week' s coaches poll. this was the national signing day and that means a new set of recruits for you see -- for uc' s football team. the bearcats had a few wins and a few misses and it did not fare so well locally with just one recruit from greater cincinnati. it is not that we don' t go out there and try to recruit them, they say. it just the simple fact that we finish second, third, or sometimes forth on these guys and they want to go other places to play. tuberville will probably be more than a little interested in the the 12 is an expected to vote on expanding but it is expected to be a topic. i can say with confidence that uc has worked very

cbs chairman sumner redstone is stepping down and les moonves will take his place.will also remain the company's president and ceo. redstone's daughter sherry was offered a nonexecutive role but she declined it. she will be vice chair. lucas, what is your read on this? lucas: a couple of things. one that this is just a vote of confidence for les moonves. he has said for some time that all things are going well at cbs when you consider the broader media environment has taken a beating where viacom has dropped the most and there have been a lot of complaints about the leadership. the bigger question is to what happens there. there will be a board meeting with the viacom board tomorrow to decide what happens with the chairman role. there's a lot of speculation that sumner will lead and somebody else will get amped up. emily: shareholders already coming out saying not to point -- not to appoint moonves. what do you make of that? >> so did sherry redstone, she issued a statement saying she didn't think anyone who is a trustee should also be the chairman of viacom. that w

--to regina where the unbeaten regals hosted sumner-fredricksbur g.... --the cougars le20-18 at the half but mary crompton erases that early in the third with this bomb from downtown....regina grabs a one point lead... --but sumner-fredricksbur g came to play....krayton allen drills a three....24-21, cougars thinking upset.... --after that regina goes on a 7-0 run....great pass from kennedy brown to sarah lehman....28-24 regals.... --then it's lauren gaarde with the transition bucket as reginn moves to 23-0 wiwi the 49-34 win....scott westerberg, kcrg-tv9 sports. to return to the state tournament where they lost in the title game last year. the lynx hosted alburnett in the 2a regional semi-finals. and alburnett got off to a quick start the nice bouncer to amber porter for two down low and a 6-2 lead.. but north linn can score in a hurry and they get it quicky to morgan boer for the jumper in the paint.. and then the lynx started to heat up from behind the arc.. katie kurt connects and then it was boer's turn for three mororand morgan carried north linn i

the sumner saga is going to overshadow all of this. >> do you think if 21st century was better?hey had pretty good cable? >> their cfo said that their ad market feels pretty good. this is the cfo of fox. john nailon. >>> thought that was positive. >> he thought they had good visibility on affiliate fees. >>> thought the stock would be down less. everybody knew the movie "slate" was subpar. >> i heard him say trevor noah was a star. >> trevor noah. >> trevor noah is a star. is that true? >> i don't know. i'm worried about cam newton. >> oh, boy. >> i don't know. >> a lot of discussion about cam. >> yeah. >> when we come back -- >> the stock is trading at much to high multiple, like tableau data. >> when we return, an interview with james quincey, coo of coke cola the s&p will open near its lowest close in almost two years. more "squawk on the street" in a minute. [bassist] two late nights in tucson. blew an amp.but good nights. sure,music's why we do this,but it's still our business. we spend days booking gigs, then we've gotta put in the miles to get there. but it's not without

scarlet: cbs announcing that summer -- sumner redstone is stepping down, to be replaced unless move astaking on the chairman role. in addition saying that sherry redstone, sumner redstone post daughter declined the nonexecutive chairman role. she was offered that but declined because she is busy with other responsibilities. her responsibilities and recognition of her confidence in mr. move as. if you look at how cbs shares are performing after-hours, they shot up on the announcement. certainly news that investors like to hear. coming inside the bloomberg terminal, you can see that this board.cbs management sumner redstone of course , hased as chairman in 2006 overseen and 8.79% total return during that time for the stock. similarly he has seen a similar kind of return. this is notable as you look at how investors are reacting to this news. looking at alix: oil, six opec and non-opec producers have agreed to an emergency meeting. joining us by the phone is the head of commodities and derivatives research at bank of america merrill lynch. we saw oil prices rallying before this news broke

everyone he knows that sumner is not a good health. it, we all know what, so this is a natural thing. it is a real sort of moment to pause and reflect because sumner redstone has been such a big part of the american media landscape over the last 30 years, but this is obviously an inevitable part of life. i think it is a very good choice that was made by cbs. cory: to that point, when we look back and look at what sumner did him a putting together what is viacom, water sort of his hallmarks? what are the things he did best? bill: do not forget he also arranged to buy viacom. by an viacomin in what amounted to a also takeover of a media company -- something that is not happen anymore. he then bought cbs, merged the two together, splits the two apart. he put les at the head of cbs. he has created vast wealth for himself, a lot as well for shareholders, so it is a real moment in time to reflect about what he has done. i do not know that it is going to change things very much. i mean, he said he will live forever. assuming that is not happe

sumner a little bit of trouble here at half court and looking for it. mckara does not want a time-out. but he wants to knock down a shot. if you're a providence defender right now, carington is doubling up with his partner. 21 for providence. has to get out. an emergency switch in a transition situation. but jake is not afraid of the big moment. knocks down a big 3-3 for his team to put them up 6 with just under a minute to go. also beat depaul no problem yesterday. got into their game, got into the rhythm. big win at uconn, a 1-point win thanks to one gary clark at the end of the game. down by 7 here in the second half and we'll look at the sequence and see how it plays out. >> yeah. copain comes up and what he does is draws ellison's defender to go ahead and guard him and sterling begins is on defense in no march's land right now. ellis loses the bottle but the defender, his eyes are on ellis. splitting over the 3 point line and knocks down the 3 pointer right here. great job moving without basketball. good job showing some patience over on the block.

and edwin sumner took the nasty fall and 7 p.m. wednesday. make the call. if you are a uc fan rooting for xavier over villanova wednesday. >> you never root for x under any circumstance, yes, you root for x all the time as long as you are not playing and rooting for them to be beating the top team in the nation and go to the local facebook page to vote. >>> coming up a special edition of lessons learned a look back (phone ringing) you can't deal with something, by ignoring it. but that's how some presidential candidates seem to be dealing with social security. americans work hard, and pay into it. so our next president needs a real plan to keep it strong. (elephant noise) (donkey noise) hey candidates, all across america families are coming back k to time warner cable for a whole new experience. pwe came back for internet speeds so fast even the kids are impressed. oh she's impressed. we're catching up on movies and shows on demand just as fast as we can watch them. twc's home wifi is so strong we can use all our devices at the same time. come back today. y

we are still picking up work crews inside the sumner tunnel. if you're leaving the airport and heading into boston. work crews being picked up both directions on the mass pike between route 93 and the allston/brighton tolls. farther west though, you're looking pretty good from framingham all the way into the city if that's your destination this morning. up to the north routes 3, 93, 95, a nice ride out of new hampshire. 9 take you a little over 20 minutes to get from 495 in andover right down to the lower deck. south of town much of the same. routes 3, 24, 95 okay getting up to 93. the expressway here wide open. take you about 11 minutes braintree up to the o'neill tunnel. if you're taking the trains all lines are starting the morning on time. emily. new this morning. the mbta is dealing with a slew of problems with its new "the globe" reports two of the trains had such problems with frozen engines and overheating that they had to be sent back to tests. the 40 new locomotives started running in 2014 at a cost of about $222 million. the mbta is

edmund sumner finds james far for the slam.th a great point. 1990's and nine rebounds a to show was kind of night it was for xavier, even this shot goes right for jp. villanova number one ranking at this point now in jeopardy. they lose 90-83. >>> the sixers in detroit trying to avoid their sixth loss in a row. one guy is having a will the of fun at the game. very excited. none of the sixers were dancing after this one. early on, we first for jahlil okafor. shot clock riding down. first degree three pointer. time winding down in the first quarter check out robert covington heaving it up goes in for the three. that's right still down by 13. and after that great shot all downhill from there. bad pass here pick off by the pistons and back they come down the floor. andre drum pond with the finish much he had a huge night 12 points, 18 rebounds. the sixers lose 111-none. >>> the eagles have officially cut ties with row bowl linebacker demeco ryans. the team is switching back to a four-thee defense which makes him expendable and toda

>>reporter: college basketball is up in the air this year. xavier and georgetown today. edmund sumner doing what he does. making it look easy. lou at the finish and the when 88 to 70. the bearcats hosted yukon today street winning season. 2nd half here's some more blocking and a 9 point lead for you uc. >>reporter: they get 20 wins on the season. >>man: there was a time in college basketball with the schedules shorter. 20 wins nowadays isn't what it >>reporter: >>reporter: kentucky has gone 3 wins in a row now. they are banged up at playing. this happens every single game and they are tied up with the texas a&m with a huge conference win. >>reporter: nebraska down one and su with 2 foul shots to go to overtime and they win with the free-throw. troy williams with a steal. goaltending and indiana wins it. the red from cincinnati are dealing with some injuries. cozart and satterfield are clear to play. training camp >>> the worse neighbors in america. >>> speeding cars, wild causes. gunshots day and night. then natalie cole's grieving family. why they are so upset with this grammy's trib

edmund sumner finds james far for the slam.with a great point. 1990's and nine rebounds a to show was kind of night it was for xavier, even this shot goes right for jp. villanova number one ranking at this point now in jeopardy. they lose 90-83. >>> the sixers in detroit trying to avoid their sixth loss in a row. one guy is having a will the of fun at the game. very excited. none of the sixers were dancing after this one. early on, we first for jahlil okafor. shot clock riding down. first degree three pointer. time winding down in the first quarter check out robert covington heaving it up goes in for the three. that's right still down by 13. and after that great shot all downhill from there. bad pass here pick off by the pistons and back they come down the floor. andre drum pond with the finish much he had a huge night 12 points, 18 rebounds. the sixers lose 111-none. >>> the eagles have officially cut ties with row bowl linebacker demeco ryans. the team is switching back to a four-thee defense which makes him expendable and to

one of charles sumner's most ardent supporters. they went down and did the thorough observation that babcock, frankly, did not do on his trip to santo domingo. between babcock's trip and the commission's report, what you had was all this political br brouhaha over santo domingo and i think grant recognized, all right. this is not going to go through. this is an act of just being realistic on his part. and as i was indicating, in his heart of hearts, he thought the united states has made a big mistake here in this. and he had done everything that he could. what he did when he -- i think it was may of 1871, when he sent the commission report to congress. he said all right, here it is. it's up to you now if you want to do something about it. it's up to the american people if they want this. i've done everything i can on behalf of a project i thm think is good for the country. but circumstances -- and he didn't have to name names at that point. circumstances have decided otherwise. as i said, he sort of gave up on pushing it after that

sumner redstone stepping down at cbs. are major changes up next? "worldwide exchange" begins right now. >>> good morning. welcome to "worldwide exchange" here on cnbc. i'm sara eisen. >> i'm dominic chu