that is what time warner cable pushed back against when charter try to go after time warner cable inanuary of 2014. they said we can do this ourselves. they then sold to comcast. the idea is a time warner cable sold to comcast, all their employees have been operating for the past year plus that they were gets old maybe the writing is the wall and they have to get sold to charter. mark: give a merger collapse because lobbying efforts failed? alex: to some degree absolutely. from a business standpoint, they had a great argument. that is why many analysts thought the deal would go through. the political environment turned against them. in part, that has to be blamed on lobbyists and the p.r. message that they were not able to frame this in a way where regulators were able to approve. if charter and comcast have worked together to buy time warner cable and charter had sold subscribers off to comcast, new york and los angeles the markets they wanted, eventually the deal would have gone through because the headline would have been charter buys time warner cable and does deal with comcast i

comcast saying they plan to drop the time warner cable -- time warner deal.ning me to talk is michael cox, the former commissioner for the federal commissioner for the fcc. what was your take on this? what did the fcc wind up telling comcast that made them walk away potentially? i don't know what they told them but if it is true, it is enormously good news for consumers and citizens. i think it became clear in recent weeks that this issue has a lot of interest throughout the united states of america. this is coming to the forefront. people realize how important this is. they were behind the open internet decision, and the decision on time last -- comcast time warner issue. it is all about gatekeeping and the potential for gatekeeping and the internet. alix: from where you said, why was this deal so different from other deals comcast pursued like a comcast deal or nbc universal gekko why did the fcc have such an issue with this one? >> i don't think it was all that different. as you may recall, i was the only commissioner to vote against that. public interest

time warner up 2% year to date. i think that the safe bet would be time warner stock goes much higher. >> time warner obviously seems like time warner is the one in play at the same time comcast has this money and it could go after another acquisition or -- >> back to investors. >> or buyback. >> one on the stand alone that looks the best and valuation wise and their flexibility i think time warner clearly is obvious and they probably will be buying back stock if they don't do something. comcast is the play on the stand alone. >> in terms of walking through why you would invest in time warner, they've already jumped. justify that or no. >> i like the charter is the way to play it, be long charter. >> really? >> long -- >> charter goes higher. charter reports in the 28th right. is there a possibility they come out on the 28th and make announcement they're going to do something like that? we have a gentleman on the desk going through the details today and it was incredible today. investors talking ability that right n

time warner cable isn't. because of that, activists could force a deal to happen, but it's not that. it's also -- i think all of time warner cable's management and employees have expected they will be sold to comcast. a lot of them planned out another future. if you're able to get a deal done with charter quickly, you can still pay out those people. the people who were spending the money they thought they would get through severance packages and now are not getting them maybe those things can be replenished by a deal with charter. i would think there would be incentive for time warner cable to get a friendly deal done with charter as soon as possible if charter is willing to pay a price that is high enough. alix: will regulators go for it? people thought this would go through and they were betting as if comcast time warner was going to happen. i we going to see it blocked by regulators? amy: that charter has a very different deal than time warner cable. charter is only up $5 million -- 5 million, 6 million su

liz: look at time warner cable.stock is falling 5.25%. >> there the signs were out there it was running into trouble because it wasn't getting announced. people were like, where the hell is it? the big issues, you will get lots and lots of deals, everything from directv. liz: at&t. >> all these deals were going to happen. they were all contingent on this. so if this doesn't happen, those deals become less likely. that reverberates through wall street. including stock market. market is coming back a bit. you have to think some of the market has to be off because of this deal. and, traders computing well, you know, or these automated trading systems, not the people themselves. less money for wall street. less money in the markets. less liquidity. liz: the whole landscape is changing. in the next hour we have the general manager of roku. roku, of course these are different up start companies saying guess what, we can do this better, we can provide better. at issue with the time warner comcast situation. at issue, compl

you can see a big leg lower in time warner cable shares. while we have given back some of the losses, we are still down 5%. we are not backed were we were before this reporting headline cross. just to reiterate, staff attorneys at the doj's antitrust division getting closer to recommending that the doj not approve comcast's bid to buy time warner cable. you are seeing an impact on a day in which stocks were already lowered. we have seen a little bit of an edge backup, but this is a day in which we are sporting losses of at least 1.3%. mark: scarlet fu, the breaking news desk. we will follow that story. stay with bloomberg television we have the latest details as soon as we get them. a study released today by the economic innovation group says the current economic recovery may be the slowest in 40 years. kevin is a cochair of the year ig, and director of economic policy studies at the american enterprise institute. he joins me from the bureau in washington. your study says the economic recovery is not as strong as it could be or can be. but

time warner cable/comk569, that was enormous fees. greatland, which was going to become a public offering in a sense was going to be another 350 million in fees. throw in charter and brighthouse and everything else this is a huge blow to a lot of bankers out there. >> amazing what the domino reafect will be. we'll check back with you later on for any other developments. for instant analysis let's bring in chris move yet, a top analyst in this space. i was talking to somebody in the industry who immediately said john malone will be the beneficiary. >> in almost every scenario. >> look you know the irony here though is the big winner may actually be of all people time warner cable because as david said charter has already said they are interested in time warner cable. if time warner cable does decide to defend itself from an acquisition, remember, they didn't want to be acquired by charter back in the end of 2013 then you're likely to see time warner cable do a levered recap to try to defend themselves, and shareholders may win either w

nye reporting is focused on time warner cable to large extent.ch did expect to no longer be independent. right now it is independent and perhaps will be for some time. although it does appear that charter communications is very much interested in continuing its halted pursuit of time warner cable. that pursuit continued until comcast agreed to acquire time warner cable in february of 2014. and it very well may pick up yet again. it's not expected to be a public offer of any kind. but privately, the expectations are, or i should say expectations are that charter will privately explore whether or not there's a deal to be done for time warner cable. time warner cable for its part will say let's see what the earnings are like next week first of all, they have more cash in their balance sheet. hence you could use more leverage to acquire it the comcast deal was worth about $170 a share at the time warner cable investors at the 275 ratio. expectations are they're going to want at least 170, if not more, will charter be in a position to pay that? that r

i'm a time warner cable customer. my living room television lost its service. i called time warner. course we have. i realized we hadn't used the cable box. we were only watching netflix. >> interesting. >> there is an increasing amount of video viewing online. unlike others we embrace online video. it is the absolute killer app for the need for robust high speed data. what do you know we sell high speed data. the idea we are going to stop what is otherwise a natural trend in customer behavior is ridiculous. i would rather embrace it and give customers the best possible experience they have. let's make sure -- online video -- and make sure our core video product is as robust as can be. if we are competitively better customers will choose us. if not, we'll increase their speeds on that front and ensure they have a great experience. >> would comcast with time warner cable at 57% of broadband households have too much market power? >> i thought when we anoupsnounced the deal it was an aprovable transaction. p obviously, regulators were not receptive to those arguments. my view is there

comcast shares spiked 1% while time warner slightly tumbled on the news. we get excited, but ultimately the big mergers never really work out. >> many have not worked out. you're right. thank you, john. >>> democratic presidential hopeful hillary clinton is facing more concerns tonight about foreign donations to her family's foundation. as david schuster shows us ethics groups ask whether foreign donor governments were interested in helping the clinton charity or in buying access to the then u.s. secretary of state. >> facing accusations she's been unethical and has ongoing conflicts of interest hillary clinton this week in new hampshire addressed reporters and was dismissive. >> we're back into the political season, and therefore we will be subjected to all kinds of distraction and attacks. i'm ready for that. >> most of the current distractions stem from her family foundation a charity whose mission is to promote global health and wellness. soon after she formally declared their white house campaign. >> i'm running for president. >> the foundation announ

the company has tried to buy, warner -- time warner cable before, but said the new offer would be sweeterst offer. the merger is less likely to be hampered by regulatory issues. alex sherman has been breaking lots of news on this. why would this be subject to less scrutiny? alex: the main reason, charter is a smaller company than comcast, and it is not own this anonymous media asset in nbc universal, which comcast does it charter is a pure play cable company, buying another pure play cable company in time warner cable. a smaller company buying a larger company, and the end result would be fewer subscribers with high-speed broadband service than if comcast were to buy time warner cable. for all those reasons, a deal would theoretically be an easier sell to regulators. cory: i'm going to break this into three issues. the first is the size. at what point should we imagine because when the first time warner-comcast deal was proposed it did not seem like size would be an issue, because they were not overlapping. when does size matter? what is the limit for the fcc, or the ftc i should say? ale

comcast's takeover of time warner is not happening.ll apart amid concerns customers would be stuck with fewer choices and even worse service. there is already a new suitor in the picture, charter communications. the company has tried to buy time warner cable before, but said the new offer would be sweeter than the last offer. the charter-time warner cable deal is less likely to be hampered by regulatory issues. alex sherman has been breaking lots of news on this. why would this be subject to less scrutiny? alex: the main reason, charter is a smaller company than comcast, and it does not own this enormous media asset in nbc universal, which comcast does it charter is a pure play cable company, buying another pure play cable company in time warner cable. a smaller company buying a larger company, and the end result would be fewer subscribers with high-speed broadband service than if comcast were to buy time warner cable. for all those reasons, a deal would theoretically be an easier sell to regulators than comcast 's attempt. cory: i'm g

it may be too late for time warner cable. they may be forced into doing some deal with charter because their shareholders won't stand for it. what is comcast do? does comcast decide they want other cable assets? maybe they want to buy bright house or go other another asset. maybe they want to turn their sights elsewhere and do a big deal internationally. all these things are on the table. it blows the home media industry wide open. alix: like you said chaos. thank you, alex sherman. we have less than an hour until the close of trading. we want to get to the breaking news desk where scarlet fu is looking at all the action on the street. very significant downdraft in stocks. the s&p right around the lows of the session. scarlet: i will start with the size and scope on the decline. there are more than nine stocks lower for everyone up. for all three indices, it is the biggest a client in three weeks. in the s&p 500, all 10 groups are down. this is hardly limited to the u.s.. the exchange traded fund that tracks chinese shares is

half the size of time warner.r would be able to pull something like that off? >> i think that's why the deal would be viewed very differently from a regulatory standpoint than let's say, comcast and time warner cable. charter has about 5,000 or 6,000 subscribers and buying time warner kab would allow it to triple or quadruple in size. you're right, they're much smaller than time warner cable, but i would also say, they have the backing of liberty media and liberty broadband, which is john malone's investment vehicle in cable. so that gives him a lot of financial firepower to pull off a deal like this. >> how much would you put the likelihood of a deal like that happening? >> very high 80 90%. i think the big question is -- >> that high -- >> go ahead. >> would that be a reason to avoid charter? even with the backing of billionaire john malone if i think a company going after someone twice as big, i'm thinking, what are they going to do dwm do? lever up with debt? is it a reason to buy or completely avoid charter?

it was widely reported today that comcast will drop its offer to buy time warner cable for $45 billion. the proposal had run into opposition from federal regulators. a formal announcement could come tomorrow. >> ifill: there's word that north korea may already have 20 nuclear warheads, and the ability to double its arsenal by next year. an account in "the wall street journal" says chinese nuclear experts relayed that estimate in a closed-door meeting earlier this year. north korea has carried out three nuclear tests in recent years. >> woodruff: leaders of the european union agreed late today to triple the funding for rescuing migrants trying to cross the mediterranean from africa. the announcement came at an emergency session in brussels. cathy newman of independent television news is there. >> reporter: it's a tragedy which for just a minute this afternoon silenced europe's usually vocal political leaders. prime ministers and presidents bowing their heads in memory of the 1700 migrants drowned in the mediterranean after these same e.u. leaders scrapped the search-and-rescue operation

time warner cable and charter jumping on the news. this coming just hours after a scrapped bid from comcast. we're going to bring you more as soon as we have it. can you see time warner cable trading up high on the day. more than 5%. >>> hillary clinton's teflon exterior tested by new allegations of selling influence. and this time it is tough to blame it on a vast right-wing conspiracy. the "new york times" joining the growing chorus asking questions on the issue. blake berman has more on the clinton money trail. blake? >> reporter: good afternoon the "new york times," as you mentioned the article details how the chairman of a company who sells uranium production interest to russia used family foundation to make contributions to the clinton foundation that totaled more than 2.3 million dollars. that has many questioning if this was instance of pay for play? the article was built its reporting off the upcoming book "clinton cash" published by harpercollins. "clinton cash" author peter schweitzer sat down for the upcoming special, clin

shares of comcast rose and time warner cable popped 4%. so what caused the merger to un why did the collapse of this deal set off a new round of deal chatter? >> it started as a $45 billion cable merger but the deal died because of the internet's growing role as a gateway to information and entertainment. neither company is owed a break-up fee but comcast said it spent more than $230 million last year trying to win government backing for the deal. that was enough according to comcast chairman and ceo ryan roberts. >> we thought we could get the deal approved we thought we could make a good case. i think our team did. but in the end, we have to move on. >> unwilling to battle federal regulators the two companies walked away from a deal that would have given comcast control of more than half of the nation's 87 million broadband customers, 30% of the tv market and including nbc universal. the fcc applauded the deal's demise saying, the decision, quote, is in the best interest of consumers and the merger would have been a risk to competition a

the comcast time warner cable deal has new enemies in washington. the fcc oppose the plan. lawyers at the doj were already taking a dim view of the takeover. regulators say merging the nation's two biggest operators would hurt consumers. the justice department have to stop the deal in court. one analyst calls this in the 99% category. georgia banks ordered $2.5 billion to settle investigations on both sides of the atlantic. u.s. and british regulators have traded. allegations are part of a wider investigation of live -- the finest the biggest yet. i doesn't come in is a party paid more than $6 billion to settle the claims. rizzo's corruption scandal is costing more than $2 billion. the decade-long scandal rocked the country's politics and cost the ceo her job. it was a mess. add another to the growing list of candidates. she announced her campaign online on may 4. our bid will not be the only one launching that week. mike huckabee is also planning to join the race. i want to count you down to the open with the top tech headlines. olivia sterns and m

time warner caff members at the federal communications commission are now opposed to the deal. the reason, it does not help consumers. yesterday justice department antitrust lawyers -- flew in lawyers from both companies. the opposition from the fcc is stronger. officials at the agency are expected to recommend that an administrative hearing be held. one of the main critics of the deal is minister the democrat al franken. he's going to bloomberg television this morning. >> comcast and time warner cable has the distinction of being the worst and second to the worst in terms of customer service as rated by the customers. all appropriations in the country. mark: that is a look at the top stories we are following on this thursday. the gathering brings together world leaders, industry icons, artist and activist to discuss struggles and cryer -- triumph women all over the globe. joining me is the ambassador for global women issues the ambassador for women. welcome. one of the major things at this year's

but the key question is what does time warner plan on doing.it as a result of the long dispute that's gone on. the company's asset performance has not been that bad at least judging from their last quarter. we'll have to see what they choose to do with their plan b. not to mention our parent company, comcast, and what its plans are after that. >> looking at shares of charter down about 1%. on this news of course comcast trading up about 2%. the market reaction indicates i guess that taking on time warner for either one of these companies would be a financial challenge. >> that's what surprised me frankly, kelly. comcast is making an expectation that they take some large-share buyback perhaps. this is an all-stocks deal not an all-cash deal. that said charter's stock price has been a very solid performer for quite some time. we'll have to wait an see how this plays out. people are just trying to fully understand all the implications. one of the implications is that charter failed to acquire bright house that failed to happen. that was a large tr

it did not help time warner and comcast's case. that will be a factor normally the justice department's review but also in the fcc's as well, which is also ongoing. tom: there is another buzz going on today brendan: as well. -- today as well. brendan: peter, you're talking to paul ryan, there is an op-ed he wrote in the "wall street journal" about trade. he is on a sweetheart tour to talk about trade right now, is that right? peter: he is feeling good about chances for trade promotion authority in the trade deals to get through. this is someone who stood in opposition of the president, and whole host of issues part of this ticket back in 2012 now, this president and paul ryan are shoulder to shoulder on trade, and the president needspaul ry paul ryan's help. things are looking good, but there are questions about whether or not there will be republican defections, and whether or not democrats will stand in the way of their own president. tom: peter cook, thank you so much. his conversation with paul ryan, we will look for that later

margaret warner. thank you. >> my pleasure. >> woodruff: now, we travel to the island of maui, where multi- building schools are designed to withstand natural forces, but protecting against intruders is a challenge. student television network correspondent sydney dempsey looks at how one architect is reimagining spaces that balance security with a healthy learning environment. it's part of our ongoing student reporting labs series called "the new safe," in which student journalists investigate how school communities are adjusting to new concepts of safety in the classroom. >> well, when i first came here i thought it was really big. i even had to use a map to try to find my way around and i think i'm still using it today just to check and know where i'm going. >> reporter: mikaylee chalmers a maui high sophomore, has had her fair share of campuses, but after seven schools and five states, something about hawaii still stands out. >> it's nice to be outdoors and get some fresh air. >> hawaii is a unique

the key considerations continue to be charter from time warner cable and many say why wouldn't time warnerle be charter. that doesn't appear to be in the cards. >> you said something that that reporting about rutledge making the call friday. that does explain the actions in stocks. >> when a stock doesn't go down it's wet. it's usually an unrealistic. this industry maybe they just call it debt. >> charter wanted it. we know they do. they need a growth strategy that includes acquisition. that's a key part of what they're doing. great land is not being created. many people believe they will acquire. what are they going to do? >> what you're saying is this industry doesn't have the growth. they have to buy others. is that fair? >> for them. it works in the strategy and considered to be a strong operator. not every accompany is capeable capable of doing that. >> is it ever an option? would they think about buying a program? >> you mean buying content like comcast did? >> like time warner use to. >> that comcast is i don't believe so. >> there's not a lot of cable companies left to buy. >> no,

comcast's 45 billion dollars takeover of time warner is not happening.ld have brought together the two biggest cable internet providers fell apart. that would've meant fewer choices and were service. charter communications, the company that has tried to by time warner before says that a new offer would be better before. here's more from bloomberg. lots of news. why would this be a subject to less scrutiny? >> it does not own this media assets. it is simply a smaller company buying a larger company. not own this media assets. you what you would be an explanation of what would you think would be the repercussions of title ii. the question has been and will continue to be will we see title two? a lot of the media copies and wireless company's and broad that -- broadband companies we do not know if this was thick around. even if it is passed into law depicting with title ii the really biggest thing is rate regulation when it comes to broadband. as long as they can raise prices. cory: my third point is that and it was not discussed a lot content issues that c

it looks like the comcast dropping its plans to buy time warner cable.billion takeover bid would have produced one of the largest media mergers in years. comcast officials met with the fcc earlier this week trying to salvage the merger. several media outlets including "the new york times" and "wall street journal" say an official announcement is expected this morning. >>> the nasdaq opens trading at an all-time high. the tech heavy index gained 20 points yesterday closing at 5,056. both the dow and s&p closed higher as well. dow rose 20 points and s&p gained four points just below its own record set last month. >>> for the second time this week an ice cream company is recalling all of its products after listeria was found in a sample. the recalled ice cream was distributed in u.s. retail outlets and online. listeria was found in a sample of jeni's ice cream taken at a whole foods in nebraska. so far there's no evidence the cases are connected. >>> today is the global launch of the apple watch but it will only be available in a small number of upscale bou

you are replacing your time warner cable systems with comcast systems.people who like to look at this from the outside would say too big, too much power. walk us through how that is not the case. alex: if you live in new york city, you can get t-mobile sprint, verizon or at&t for your wireless carriers. if one of those four were taken out by another one of those, you only have three choices, so that restricts competitive pricing power. if you live in manhattan, you have one choice for your cable provider. it is time warner cable. in the new world, you would have comcast. that's it. there's no less of a competitor just a different provider. the same laws apply -- there's no lack of rising power, it's not just comcast instead of time warner cable. the same reasoning doesn't apply. erik: but they are also looking at different parts of the entertainment distribution food chain. there are providers food -- there are providers further up the food chain. alex: they are looking at this vague idea of hurting consumers by having one company own so much controlled

erik: i need to talk about the comcast-time warner merger. to be on the verge of collapse. sec lawyers -- fcc lawyers are opposed. a rejection would likely send them into extended legal proceedings, and that would pretty much kill the deal. representatives from the companies met with leaders yesterday and came away pessimistic. chris is a manager at the belly -- some people put the chance at the deal succeeding at 1%. in other words, 99% chance of a failure. chris: obviously comcast can make their case and appeal the ruling, but that is probably more than a one-year journey. at some point, it is not a must do deal. life has to go on, let's forget it. it is probably less than 25% at this point. stephanie: when would you guess is a point where brian roberts actually says goal post keeps moving, not going to try anymore? crisco -- chris: maybe they get the news out before then. stephanie: what does it mean to you as an investor? chris: it was never a must-do deal. reaction was fairly mixed when it was first announced. some felt comcast overpaid

and tonight, virginia senator mark warner is reacting to a "7 on your side" i-team investigation that could land that contractor involved in that escape from inova fairfax hospital on the inspector general's radar. u.s. marshals investigation is under way into allied protection services. joce sterman is here now with why senator warner says that may not be enough. what's the story? joce: after we notified senator warner that two of the three men listed as leaders of allied protection told us they had no ties to the company, he called our findings troubling. he's now calling on the marshals and department of justice to re-examine whether allied's contract should continue. >> i'm just glad you guys are out there. i'm glad that you're giving us scrutiny here. joce: the "7 on your side" i-team continuing to dig into allied protection services after discovering leaders advertised on their website say they're not connected with the company. >> he was trying to get a government grant and i said you know i might be interested. joce: that's how kevin thinks his biography ended up on the websit

for time warner cable. >> is the collapse a good or bad deal for consumers? >>> a state of emergency declared in minnesota as the bird flu outbreak spreads. is the poultry on grocery shelves safe? >>> government rules and regulation gone too far. a texas chef fined for feeding the homeless. >> they can cite me or arrest me. gerri: he'll be here with an update on the case. >>> congratulations america! you worked hard for this. it's tax freedom day. all this and more coming up on "the willis report," where consumers are our business. . gerri: selling our national security to the highest bidder. that is the explosive charge tonight against a former president and a former secretary of state and, of course i'm talking about bill and hillary clinton. it's a story that's gotten bigger this week with the upcoming release of the book "clinton cash" which digs into a very murky world of the clinton finances. with us now "wall street journal" dan henninger. thanks for coming on the show, dan, great to have you here. you know, at some point this is going to have to regis

that may include time warner lie on's gate or netflix or t-mobile t-mobile.py friday. >> happy friday. landon dowdy, thanks. >>> now "nbc 10" first alert weather. >> just got a bit colder now. 38 degrees and the wind is blowing. it feels like it's below freezing for most of the area including the shore. the temperatures have come down. you will see something that we didn't get much of yesterday. it will be nice and bright this afternoon. 5:25 and 38 degrees. jessica boyington in the first alert traffic center. good morning, jesse. >> good morning, bill. good morning, everyone. out on the schuylkill expressway. the construction project has lifted this morning on spring garden street on the eastbound side. no problems in both directions. we'll check in with mass transit. >>> 5:26. following two breaking news stories for you in philadelphia. >> the first of those, matt delucia is live on the scene where a delivery driver was murdered, matt. >> reporter: in addition to police trying to find a shooter this hour they're facing some other challenges. what we've lear

this morning comcast made it official and dropping the bid for time warner cable and would have beenbout $45 billion and consolidated the two largest cable providers in the united states in a statement time warner confirmed the decision was mutual and comcast said we would have like to bring the product to new cities but structured the deal if the government didn't agree we could walk away. both the justice department and fcc raised concerns about the deal. in fact, the justice department said the merger would have limited competition and as "real money"'s ali explains the federal communications commission was concerned that the merger would not have benefitted the public. >> this deal was facing scrutiny from the fcc and combined time warner cable and comcast would dominate broadband and paid t.v. with 30 million subscribers and spent it as the country's largest cable company by a very long shot and fcc staffers have to review these deals, they are not convinced that the merger is in the public interest and so they recommended that the case be heard by an administrative judge, that

now virginia governor mark warner -- now virginia senator mark warner is reacting to the report. u.s. marshals arty have their investigation underway into allied protection services. joce sterman has more on why that may not be enough. >> i'm just glad you guys are out there. joce: the 7 on your side i-team continuing to dig into allied protection come after finding leaders advertised on their website or not connected with the company. -- are not connected with the company. he was listed as director of education and training. he says he has never worked for them. we have learned the agency that helped allied the millions in government contracts did not look at the company's page. the small business administration is now looking thanks to our story, considering a referral to the inspector general. under the program for disadvantaged businesses, À la protection ended up with three no competition government contracts to move and guard prisoners. there virginia jobs have been put on hold as the u.s. marshals investigate the escape from innova fairfax hospital. senator mark warner is

the latest on the comcast time warner cable talks.ll you the conversations with the justice department are over. at least based on the departure of the lawyers from the justice department. he saw one of the top lawyers enter the building along with an outside lawyer, therefore about one hour. when they left by side entrance, she did not have anything to say. on the substance or whether or not they had made progress. the backdrop, real concerns at the justice department about the combination between time warner and comcast. the question is did the move -- meeting move the needle at all we have to see. alix: thank you peter cook. moving on to robots. for less and $12 million artificial intelligence has been brought to life on the silver screen. the new film "ex machina" with made on a tight budget and has been getting rave reviews for its portrayal of beauty and robotics existing as one. with me is to explain the films writer and director. congratulations. guest: thank you. alix: i saw the trailer over the weekend and it scared me to de

as chief foreign affairs correspondent margaret warner reports, the blitz comes as some of the pointsm deal with issues that haven't been resolved. >> warner: the president's top nuclear expert came to the white house podium today, to make the case for the framework deal. >> the access and transparency is unprecedented. >> warner: energy secretary ernest moniz called it a forever agreement, with impact on iran's program extending beyond the first 10 most restrictive years. he also played down criticism by iran's foreign minister javad zarif, that a u.s. fact sheet misstates what the agreement actually says. >> we all recognize that, and we emphasize very strongly, we have to talk about the same agreement. we understand emphases may be different. so it's not so much inconsistent as it i would say is emphasizing only certain parts of the agreement. >> warner: the u.s. fact sheet says iran's uranium enrichment would be severely curtailed for 15 years, and the iranian program would be subjected to intensive inspections. in exchange, and only after iran's verified compliance, would crippli

comcast is planning to walk away from the proposed 45 billion dollars merger with time warner cable as soon as today. the deal was announced 14 months ago, opposition took shape and that left consecutive's -- executive to conclude the merger would not fly. a former fcc commissioner praised the move. >> comcast is making a smart decision. it benefits consumers. olivia: on wednesday fcc officials told both companies they were opposed. saying the deal did not help consumers. they planned to call a hearing which would drag out the classes -- the process. reviewing the drone strike in pakistan that killed two hostages. president obama issued a rare public policy. the president calls for drone strikes to be authorized only when it can be concluded to near certainty that there will not be civilian casualties. brendan: the nasdaq picking up where it left off. technology stocks brought the nasdaq to a record high yesterday, beating the mark set in march 2000 before the bust. amazon and google are higher in premarket trading. tickets went on sale to the public for next week's big fight between f

when you think about time warner discharge step in orders time warner switch around since they are biggerhan charter and is time warner become the acquirer? betty: think you so much. we will be back in two minutes. ♪ betty: you are watching in the loop live on bloomberg television and streaming on mobile and bloomberg.com. watching mcdonald's shares right now, the stock is taking -- it is actually up 2%. global cop sales were down 2.3% much worse than expected. same in the u.s.. we don't announcing that's expected to announce plans of a turnaround. what do you make of this? terrible numbers here again from mcdonald's. our investors putting too much faith or what is going on here? david: mcdonald's is one of those chaains that is a mainstay and is not going anywhere but it is being trended against her now. consumers are looking for fresh food in a high-quality environment and mcdonald's is bucking those trends and trying to figure out where it is going next. there are a lot of challenges ahead. betty: they will veto the turnaround plan on may 4 -- they will unveil the turnaround plan on ma

comcast officially drops its bid for time warner cable.er communications is said to be setting its sights on time warner cable. charter communications has bid $10 billion to acquire bright house networks. and the greek drama continues with talks to reform the country's finances. and glum merkel calls for calm when finance ministers acre during eating's today. -- during meetings today. all will say it -- all will be

let's move on to time warner and comcast.re having all kinds of trouble with their $45 billion merger. they will be sitting down with justice officials on wednesday. but could their biggest problem they're too big to change as quickly as all the small companies trying to cut cables? adam, are the big companies behind the curve? >> they're behind the curve in one sense. eventually the business model will not make as much money as it does. that is still coming down the pike. they will make money one way or another, david, whether they merge or not. they will raise the fee you and i pay to have internet connection. you have to connect to the internet. even if you're a cord cutter you will still need comcast or time warner cable with their wonderful customer service, you know what i'm talking with, in order to get your hulu or your netflix or your apple tv. david: just a little facetious on good service of those companies. sabrina, what do you think? >> absolutely. regulators are particularly concerned about the bad service which

markets, time warner gives them that.eah, i don't think it's particularly ownerous for the performance of the stock names themselves. i do think something will get done. i'd be surprised if it didn't. >> okay. it's earth week. we're taking a look at the battle for the smart home. with us is michael nunez. popular science. >> thanks for having me. >> the race for the home to make a smart home so i can turn on the ice maker from some remote location, who's winning between apple and google, who's number one? >> well, they're both implying different strategies. apple's taken a software approach. right now they have about 40% of the market share in terms of smart homes in the u.s., i'm sorry, smart phones. in each iphone, something called apple kit is baked into it. that's what's running this smart home technology on apple's side. >> really? so on my phone right now, i can find this thing. >> if you have a new iphone, something in there is called apple home kit. there's not a lot of products available for it yet, but in the ne

comcast and time warner are meeting with the justice department on wednesday.get's website crash as consumers rushed to get their hands on lilly's designer line. >>> welcome back everyone. you are watching "worldwide exchange." take a look at the price action we're seeing in european equities. remember quite the sharp sell-off we saw last week halting the bull run european equities had been on. much of that has to do with raised concerns about a greek default but at this point investors seem to be brushing off those concerns focusing on the economic data the dax up 1.2%. talking about greece the chairman warned over the weekend that the group should not get in a game of chicken with athens over negotiations with greece. >> i think prime minister tsipras has a very strong mandate and high level of trust in his country and sometimes as a policy to lead you must use the mandate that you have. you must lead your people into a future even if that means taking tough measures in the short term. there has to be a perspective in the long term. i think prime minister tsi

today comcast and time warner executives are scheduled to meet with the justice department to try to merger between the this country's largest cable and internet providers. comcast plan add $45 billion mencher of time warner was announced a year aechlgt critics worry the combined company would wield too much control. yesterday six liberal senators urged the fcc to block the deal. >>> the postal service has narrowed down the company's bidding to build its next generation of delivery trucks. one company is offering a truck that doubles as a drone launchers. it weighs about 15 pounds and can carry around a ten-pound package. >>> stocks on wall street was mostly lower. the dow lost 58 points. the s&p finish third degree points lower, but the nasdaq gained 19 points. >>> there have been charged filed against a british trader. there was the flash crash. on may 6, 2010 the dow lost 600 points in matter of minutes, down nearly 1,000 points for the day before recovering. prosecutors say they flooded the marjt with speculative trade orders. the u.s. has requested his extradition extradition. >

cnbc dropped its bid for time warner cable. charter has been contacting recent weeks to arrange financing even before the comcast deal fell apart. time warner up 2.5% and charter down almost 3%. >>> ebay ceo's is backing google. john donahue tells the financial times the two companies are direct competitors. the e. 's complaints focuses on google as favorite of its results. >>> tesla's was hacked over the weekend. >>> this is an interesting one. i mean it doesn't look like this was a malicious attack. it was just some people having fun and it's amazing that they managed to do so. >> it's still a hack. the fact that these big fast-growing companies like tesla which say they are allocating a lot of cash toward security are still being hacked. >> and has is huge technically advanced and they are still a target for these type of attacks. he love his twitter account. >>> let's move on. this weekend's showdown between floyd mayweather and manny pacquiao is the fight of the century. mark wahlberg and p. deadly are betting $250,000 ove

comcast planned a $45 billion purchase of time warner was announced 14 months ago.ned company would control 57% of the high-speed internet market. critics worry the combined company would wield too much control. yesterday six liberal senators urged the fcc to block the deal. >>> the postal service has narrowed down the company's bidding to build its next generation of delivery trucks. one company is offering a truck that doubles as a drone lawn cher. the horsefly drone weighs about 15 pounds and can carry a ten-pound package. >>> stocks on wall street finished lower following mixed earnings. the dow lost 58 points. the s&p finished 3 points lower, but the nasdaq gained 19 points. >>> there have been charges filed against a british trader. there was the flash crash. on may 6, 2010, the dow lost 600 points in matter of minutes, down nearly 1,000 points for the day before recovering. prosecutors say navinder singh sarao flooded the market with speculative trade orders. the u.s. has requested his extradition. >>> google is expected to launch its own services. it's expec