to show what has been violated. there has been all this hot air, and mark warner has said that there are smuggled over the place, but no gun. they are searching for the gun. the russians tweet us, and we treat them every day. that is not in dispute. the relationship between the trump campaign and that collusion with the russians, there is zero. it is zero. it is the seinfeld show about nothing. -- trump. jeff sessions has said that he is unaware about whether or not he had an encounter with the russian ambassador last year. given two previous meetings, too think that is satisfactory? yes, because of you go back to these meetings that supposedly happen, in one he was a senator, and they had 16 ambassadors around, and so you meet with people... we meet with thousands of people all day. i can't remember the names of my best friends on any given day. the second was in the political environment, and again, there are ambassadors or rather place, and he says arlo to these people. then two years later, you have the press on your case, saying they have footage meeting these people... —— h

are mark warner, who is the senator... ijust meant generally, opposition. you have the midterms coming up next year. i think president obama is going to have a very important voice in this over the next two years. obviously, he's taken a step back because as the most recently departed president, he wanted to give president trump an opportunity to hit the ground running. vice president biden will be an important voice. secretary clinton has started a pac where she is helping to support a lot of democratic groups and democratic leaning groups. so all three of them will be active players. can i just ask you, all three will be active players. president obama obviously couldn't run again for office. do you thinkjoe biden might, or hillary clinton? i don't think hillary clinton will. as for vice president biden, you would have to obviously ask him. what i would say is that he has just set up a pac to be able to support candidates in 2018. i think he's going to be devoting all his energy in the next two years, not to thinking about 2020, but to thinking about, how do we take the house

: time warner and snap have agreed to develop original scripted dramas and comedies for snapchat. time warner brands hbo, turner and warner bros will also advertise on the augmented reality and messaging platform. the deal is reportedly worth us$100 million. the tech stocks are back. technology stocks were climbing again on the nasdaq index on wall street and that is pushing technology stocks higher in asia today. you can see hong kong down and the price of oil $47 per barrel. in the us, you have a sense of how things ended there. the nasdaq rebounded. and they are all headed higher. how long will it last? i will be back in a moment. stay with us. scientists have begun human trials of a cholesterol—lowering vaccine to help prevent heart disease. the injection is designed to stop fatty deposits from clogging the arteries. it would offer patients an alternative to taking daily pills to cut their risk of stroke, angina and heart attacks. 0ur health correspondent, michelle roberts, has more. — seize and stroke are the world's biggest killers. millions of people in britain take choleste

from victims. as a victim warner, i am sending out text messages or making actual phone calls to scam victims to warn them that they are being scammed by joe victims to warn them that they are being scammed byjoe scammer and that they need to protect themselves. why do you do it? my mother got caught up in what they call the grandparent scam. she didn't lose any money and that was morejust blind luck, but i know didn't lose any money and that was more just blind luck, but i know to this day that my mother would still fall for this scam because she was so convinced that this was reality. she had $5,000 cash, and it was a western union employee that actually stopped her. it affected me deeply. so what kind of technology are you using? is there something special you need to do the dues to do scam baiting? a pretty simple setup, i can give you a location and i will show you how it's done. that sounds perfect. wayne has agreed to meet us, not at his house but at a secret location. an empty hall in south wales. he doesn't want the room run the risk of the scammers knowing where he lives. ho

able to watch scripted dramas and comedies after time warner and snap agreed a deal to develop original content. time warner brands hbo, turner and warner bros will also advertise on the platform. the deal is reportedly worth us $100 million. tokyo's nikkei finished at its highest level since august 2015 boosted by optimism over the health of the us economy — the world's largest economy. comments from the new york fed chief suggesting that the outlook for the us economy was pretty good. oil prices hitting a new seven month low, as increasing shale production, along with rising output from libya and nigeria undermined opec attempts to cap output. in europe there's a lot going on today not least here in london. bank of england governor mark carney is speaking this morning, with his delayed mansion speech. one to watch after last week's wide spilt on the monetary policy committee with three policymakers voting to raise uk interest rates. the pound didn't do much as the first day of brexit talks got under way without too much drama. and as we've been reporting — barclays and fo

2020, it could be aimed at anyone at home or abroad. my colleague senator warner and i, have worked to stay in lock step on this investigation. we've had our differences on approach, at times, but i've constantly tress stressed that we need to be a team. i think senator warner agrees with me. we must keep these questions above politics and partisanship. it's too important to be tainted by anyone trying to score political points. with that, again i welcome you director, and i turn to the vice—chairman for any comments he might have. thank you mr chairman. let me start by absolutely thanking all the ebbs m of the committee for the seriousness in which they've taken on this task. mr comey, thank you for agreeing to come testify as pa rt you for agreeing to come testify as part of this committee's investigation into russia. i realise that this hearing has been obviously the focus of a lot of washington in the focus of a lot of washington in the lasts few days. but the truth is, many americans who may be tuning in today probably haven't focused on every twist and turn of the investigation

committee. and here is mark warner, the democrat with him. donald trump will be watching this quite closely because there has been speculation over the last few days that he is not particularly pleased with whatjeff sessions has said. anyway, jeff sessions is under a lot of pressure because he will know that the boss is tuning in. and if he is nervous about his job prospects, he will try to sue the right things during the course of this hearing. but as anthony said, he is under oath, and after the james comey hearing i asked both republican and democratic senators on friday if they believed james, you're the president, they said that only one person was under oath, james comey, and when you are under oath, you tend to tell the truth. the president will be expecting jeff sessions to stand up for him, i imagine, and to stand up for his version of events, and perhaps to make it clear that he does not believe james comey‘s version of events. that is certainly what the president would like to hear. the senators are getting ready, there is richard burr, the chairman of the committee. we

to wait and see. thank you for those inside in other business news. time warner and snap have agreed to create original dramas for snapchat. warner brothers will also advertise on the augmented reality and messaging platform. the deal is reportedly worth around 100 million us dollars. president donald trump met with the head of 18 us technology companies including apple, amazon and microsoft, seeking their help to make the government's competing systems more efficient. the white house wishes to update government information technology systems, cut costs, eliminate waste and improve service. mr jumpstarted —— costs, eliminate waste and improve service. mrjumpstarted —— said it estimates that the government could save up to $1 trillion over ten yea rs save up to $1 trillion over ten years through such initiatives. the war‘s biggest airshow has kicked off in paris where manufacturers are showing off their newest aircraft. 0n showing off their newest aircraft. on monday, boeing launched the latest version of its 737. it will compete with the air bus a three to one. so wh

innings with a modest target of 183 set for victory. in response david warner remained unbeaten on a0 as the rain set in and forced a no result meaning australia need to beat england in theirfinal group match on saturday if they're to qualify for the semi finals. i think it makes the equation pretty simple for us. we have to beat england and i think then we are through. i haven't really read into all of what will happen. i think we just have to beat england. i can remember 2016 world cup, we got one from australia and it really helped us. this time, we have a great chance. you never know. straightaway, we have to beat new zealand and then we have to wait for a few days. our new zealand and then we have to wait for a few days. 0urjob is to play ha rd for a few days. 0urjob is to play hard against new zealand and if we can go through, you never know. the french cyclist arnaud demare sprinted to victory on the second stage of the criterium du dauphine — a 171 kilometre route from saint—chamon to arlon. belgium's thomas de gendt, still heads the overall standings, by 48 seconds fro

reapply sunscreen. aaron finch bats on the sunny side after david warner went. he and captain steve smith made nearly 100 together. finch flinched, going up, up and away. australia stuttered but glenn maxwell likes a big finish. he aims high. the problem out there was juggling jason roy. a cat which had to bejudged and appreciated on replay. touch the ball and boundary of the same time. this would have been six. adil rashid and mark wood did the rest. both finished with four wickets each. australia got to 277. england are already in the semifinals. thank goodness, some muttered. jason roy out of form and out for four. two others followed. 35—3. then, you guessed it. it is a quarter past three and it is raining again. australia must be sick of it. they know that even if england can't knock them out, the weather still might. the shower passed, but so did australia's moment. england moved from crisis to command, thanks to one morgan and ben stokes. stokes it is on thejust one morgan and ben stokes. stokes it is on the just before the weather set in, largely because of him england wer

do not believe there is anything to this. democrats disagree, including senator mark warner, the top democrat on the committee. david: as you pointed out earlier, there is not any evidence -- there is not enough evidence because there is no evidence of -- it may be months or longer before we have any sense of it. i suspect if i ask you who is calling the shots, you will say the president. so let me ask you, the people who take instruction from him, what message are they taking, that we should spend all of our time going on -- on what is going on with the investigation, or should we be getting back to tax reform and infrastructure? kevin: since this story broke, the sources i spoke with who work with the west wing told me that there is a frustration, a palpable frustration about -- and really any decisiveness about how to respond -- and indecisiveness. there is that continued storyline a frustration coming out of 1600 pennsylvania avenue. to your point about the timeline, speaking with the ceo 's yesterday as they leapt -- as they left the white house following their meeting with evoc

democratic establishment and tom perriello had the support of the bernie sanders/elizabeth warner wing of the party. a, that turned out to not be a close election when some polls suggested it would be. and b, they seem to have come together relatively quickly. we will have to see how that plays out. charlie: it is always good to have you on this program. i thank you so much. dan balz from "the washington post." we will be right back. stay with us. ♪ ♪ charlie: jeffrey goldberg is here. he is the editor-in-chief of "the atlantic." last month, the magazine celebrated its 160th anniversary. there have been perhaps no more remarkable times in the recent history of american politics than we have now. president trump's young administration continues to struggle with controversy. yesterday, "the washington post" reported the probe has widened to examine whether president trump attempted to obstruct justice. jeffrey goldberg joins me to talk about this and his magazine. i am pleased to have you back at this table. welcome. >> thank you, charlie. charlie: i want to turn to last month's cover a

play it that exchange with senator warner. was concerned he would lie about the nature of our meeting, so i taught it was important to document it. that combination of things i never experienced before, but i needed to write it down. david: this is the shannon that i have seen -- them respond to. from thea spokeswoman white house came out and spoke to reporters if you visit often the president is not a liar when asked if the president still stands by his statement that he did not ask comey to drop the michael flynn investigation, or ask for loyalty. the white house has been on the record that they are telling us that this is good for them. if indicates that the president was not under investigation and that no new revelations came out here. have pointed out over and over again, it is not doing enough -- the russian involvement in the toy 16 elections. it enabled the american people to understand the massive amounts of stories that have been out there and to sort through those and to have an individual secondly some factual context to it. this is nowhere near the end our investigation.

today in a secure room with richard burr and mark warner. they reportedly discuss the investigation into russian interference and last year's presidential election. in a statement, the senator say the statement was constructive to meet withard the house intelligence committee this week or next. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. julia: "what'd you miss?" twist and turns as janet yellen spoke at the fed press conference. the dollar spot index erasing that weakerollowing than expected cpi retail sales data, then taking up as janet yellen spoke. great to have you on the show. on whyto pick up inflation is doing what it is doing and how you forecast in that environment. you know what is going on? >> i was a forecaster at the fed. not a very good forecaster. what the market is looking at with respect to the most recent round of bad data is there is not a china issue, not an , and on market issue the inflation side, unemployment is low. janet yellen's cited some special factors, but you always have s

. last week, mark warner, the ranking member on the senate intelligence committee, went on tv and said there is a lot of smoke here but we do not really have fire. here we are essentially a year into the investigation, and this leading democrat who is leaving one of the investigations into it says there is a lot of smoke but we have not found actual collusion. that is something to keep in mind as we go forward. a collision investigation is very difficult. it would require the f.b.i. and the department of justice the on the ground in russia doing interviews. we know that is certainly not going to happen. even in the public sphere, there has been an enormous amount of reporting about trump and his associates in russia. none of that public reporting has shown any type of collusion either. that is the interesting thing here about what happened with trump. as we know from comey's statements, trump was not under investigation as part of the russian meddling in the election. the question now is whether mueller is looking at the obstruction, the cover-up, how he tried to influence comey. that

look into the president? robert: i don't see it. i think mark warner acknowledges that insofar as he is not commenting as other democrats have about whether or not impeachment proceedings should begin or whether or not the president obstructed justice, all he said was that he is disturbed and people can make up their own minds about whether or not they are disturbed. is that it'sn view much ado about nothing. the more important aspect of the investigation, which is what democrats recalling or and what the special counsel was important -- was appointed to do was investigate whether or not there was collusion by u.s. government officials or government officials to be an russian officials. -- or russian officials. in a political environment, it mueller iswhat bob suggesting is that there is nothing about director comey's testimony that would impair or impact the current investigation before the special counsel's office which suggests that he has determined there was not -- that a of traction case would not lie. david: that is very interesting. thank you very much, robert ray. former whitew

consolidation in this area. we have the pending at&t time warner deal. do these things come in clusters? dale: the telecom deals can create a lot of value. you think about where the sources of value come from and those large telecom deals, think of these overlapping networks where there is a massive amount of infrastructure that individual companies have to invest in maintain that network. when you have a fair amount of overlap in those networks, there's a massive amount of value you can extract out of a deal. there's a massive i.t. investment required to maintain going systems, provisioning systems. is also a great bundling opportunities across because my bases as well. david: this is an industry going through he transformations because of digital. how much of this is the opportunities across because my bases ascross-selling, sharing t with the pipe? dale: and hotel come particular, we are at the tail end of a triple play or quadruple play strategy where companies have been cross-selling products and services. we are at a point now where most consumers have a triple play or quadruple p

, richard burr, mark warner, the chair and cochair of the committee. they developed a bipartisan working relationship and have former director comey in front of dark committee and richard burr -- burn will be meeting to make sure the investigation going on in the senate will not conflict with what is going on with the independent investigation. they will start outlining what witnesses they want to bring and you will see more of this behind -- a lot less of it because it will be behind closed doors and breaking in people from the andunity, nsa, as -- cia talking about here is exactly the intelligence that we have collected. here is what the russians were targeting and here is what they were doing with their cyber attacks against the united states and those types of things. david: if the question being asked, what is the role of the russian government to be campaign, do you think we will get it from the congress or mr. mueller? investigation was there was an independent investigation going on in the justice department. my experience is it gets very difficult for congress to run its

up freddie mac and fannie mae. the proposal is inserted bob corker and mark warner is aimed at offering software competition in the secondary mortgage market. the government took control of freddie and fannie in 2008, when the housing market crashed. pandora is stepping down. he is also leaving the company's board of directors. the cfo will become interim ceo of pandora. pandora has struggled to compete with these -- with the fast growth of spotify and apple music. amazon and google are investing billions in music. that is the latest bloomberg business flash. our bloombergor quick takeover we provide context and background on issues of interest. today we are looking at zombie banks. that issue is back in the news as italy provides a $19 billion lifeline. zombies are stalking europe. zombie banks, solvent in name only. the phenomenon is not new. zombies weighed down japan over 20 years. they are usually born of financial panic when loans go bad, capitals freeze and assets tumble. the rhino good choices wins on the banks are on the march. shutting them down can cause further pani

. tell me how in the political drama you saw someone emerging. >> i think senator warner is doing a great deal of good for himself in the center of the country. senator harris, on the left. on the republican side, i was impressed by senator reese. i do not know him, but he did a fine job of establishing early on that there was not any collusion. then, i go to senators rubio and cotton who did good jobs of getting facts in. senator mccain wandered off and he even apologized. charlie: thank you, great to have you. >> thank you. >> thanks, charlie. charlie: thank you for joining us. see you next time. ♪ ♪ carol: welcome to "bloomberg businessweek." i'm carol massar. oliver: and i'm oliver renick. carol: this week, some twitter advice for president trump. oliver: a look inside a brazilian construction giant, more specifically, the department of bribery. carol: and why buzzfeed claims to be king of online video. oliver: all that ahead on "bloomberg businessweek." ♪ carol: we're here with the editor in chief of "bloomberg businessweek," megan murray. you spoke with tom barrick. mega

good at. tell me how in the political drama you saw someone emerging. hugh: i think senator warner is doing good work. senator harris, on the left. i was impressed by senator reese. i do not know him, but he did a fine job of establishing early on. as to chairman burr. senator rubio and cotton did good jobs of getting facts in. another apologized for staying up too late. charlie: thank you, great to have you. thank you for joining us. see you next time. ♪ alisa: i am alisa parenti from washington and you are watching "bloomberg technology." president trump welcomed the president of romania to the white house for what officials call a working visit. he said he will not let the testimony by james comey derail his agenda but accused the former f.b.i. director being a leaker. president trump vowed to streamline the permit process for infrastructure projects. he announced a new council aimed at helping project managers navigate red tape. jared kushner is scheduled to meet with the staff from the senate intelligence committee in the coming days. he is expected to be asked about his mee

senator richard burr, chairman of the senate select committee's on intelligence and senator mark warner, the ranking member, vice chairman of the senate select committee. willthursday jim comey testify in an open session to the senate intelligence committee. let's check in on the bloomberg first word news. here is mark crumpton. mark: following up on david gura's interview with former epa administrator christie whitman, president trump will announce whether the u.s. will remain in climate agreement. that announcement is expected at 3:00 p.m. washington time. two people familiar with the deliberations say the president is leaning toward walking away from the landmark deal. mr. trump has called climate change a hoax and says the paris accord is one-sided against the u.s. the president is pushing to rescind rules on power plant emissions and methane leaks. you can watch the announcement live on bloomberg television. russian president vladimir putin government has been involved in hacking. president putin admits what he calls "patriotic independent hackers" may try to protect russia's inter

haidi: time warner is said to be $100 million in producing shows an advertising on snapchat over the next two years. this is in a bid to reach young audiences. make a rangent to of shows including dramas, comedies, and documentaries. will also invest in advertising warner properties like hbo will also invest in advertising. rishaad: we are waiting for the msci decision on china a-shares. first fourth time lucky, and make a difference? reporter: fourth time lucky, possibly. this times suggest with a revised parameters, china would just squeak in. my view is let's wait and see, but probably not, because we've been here before. when we got the reserve data, everyone thought it would make a difference. it hasn't. rishaad: we've actually gone the other way. if we look at what happened, if anything, china has retreated from the internationalization of the yuan. >> exactly. the shanghai free-trade zone, anyone remember that one? rishaad: it is still going on. >> but it's not really a game changer. opening up the bond market, foreigners owning 1.3% of the chinese on market. that doesn't

street journal or, -- journal." includes advertising commitments from hbo, warner bros., and turner network. and that is your business flash eight. julia: coming up, john paulson has joined ford. can he save his investment reports to late? next, from new york. this is bloomberg. ♪ the addition of hedge fund billionaire john paulson helped the company's turnaround plan? they are the largest shareholder since bill ackman bailout in march. bailing out 94%, almost 95% since hitting a peak in august of .15. joining us now is jeff jonas, of gamco investors. they own more than 50,000 shares in valiant and have $40,000 under management. you have got a lot of stake your. addition here really do? does it move the needle? >> you drinks some strong financial discipline with asset sales and acquisition licensing that they might do. helping them to further act was -- further with the capital structure. i think they already have the right strategy that he seems to do with and they really are making the best of a bad situation. >> why now? why joined the board now if he is not satisfied with the

products. a clear example is at&t's move toward time warner and the need to own content. that's a game changer. all eyes are on verizon to see what they do because they are the largest and in many cases the strongest wireless player. scarlet: thank you so much. breaking news, president trump speaking after meeting with his cabinet members. mr. trump: we are making great the relationship with the united states. india is very strong and powerful. we agreed on most things. i would say by the end of the day, we will agree on everything, i have a feeling. i just want to tell you, mr. prime minister, it is a great honor to have you in the united states. thank you for being here. scarlet: there you saw the president concluding his meeting with his cabinet members and advisors. the prime minister of india visiting the united states. the president saying modi has done a great job economically in india and thanking india for buying equipment from the united states. breaking news,r of course, is the cbo score on the latest draft from republicans in the senate. they suggest 22 million people will

mark warner, democratic senator from virginia. they have maintained the integrity of this committee hearings. let's listen out to the chairman. >> director comey, i appreciate your willingness to appear before the many today. i thank you for your dedicated service and leadership to the federal bureau of investigation. your appearance today speaks to the trust we have built over the years. i am looking forward to a very open and candid discussion today. i like to remind my colleagues that we will reconvene in closed session at 1:00 p.m. today. isp reserve for that venue any questions that might get into classified information. the director has been gracious with his time, but the vice-chairman and i have parked at a specific timeline for his commitment to be on the help. -- hill. the senate select committee on intelligence exists to certify for the other 85 members of the u.s. senate and the american people the intelligence community is operating lawfully and has the necessary authority and tools to a college's mission and keep america safe. part of our mission, the on the oversight

think senator warner is doing himself a great deal of good in the center of the country are doing -- for being very deliberate. i think senator harris this being a rising star on the left. on the real look inside was , -- on the republican side i , was impressed by senator reese. i do not know him, but he did a fine job of establishing early on. as to chairman burr. senator rubio and cotton did wonderful jobs of establishing facts and not showboating, but getting acts in. senator mccain wandered off and even took to twitter to apologize for staying up too late. charlie: thank you, great to have you. thank you for joining us. see you next time. ♪ ♪ jonathan: i am jonathan ferro. it's a 30 minutes dedicated to fixed income. this is "bloomberg real yield." ♪ jonathan: coming up, another political shot in the u.k. prime minister may's conservative party loses this majority. the ecb is going nowhere fast. president draghi paints a picture of a better economy. and contingent convertibles are put to the test into spain. a european bank fails. we start with the big issue, another po

investigation. comey went on to say that there is no evidence of collusion, just as mark warner, the ranking member of the senate intel committee, set on the sunday talk shows. like i said earlier about senator -- sorry, not senator anymore -- attorney general sessions' testimony today, i expect it will dampen many concerns. i don't think there's much risk to the white house here. i think all in all it is going to be a little bit boring, and those folks inside the beltway will parse it a great deal. and i am a lawyer. i parse language, too, to see what is really meant. but to the american public, i think this is going to be an exercise in openness that is not very enlightening and does not provide much more in the way of new concerns. scarlet: so as part of that do you believe the attorney general will he be answering the questions straight on -- will be invoking executive privilege or answering the questions straight on? answer them straight on as much as he can. when you get to invoking executive religion, that is something you would rather not do. the questions have to be pretty f

smoking gun, as mark warner said, in terms of linking the administration to any type of russian meddling. we are in an environment where anything could come out. right now, all eyes will be on the fbi director, the former fbi director. but in terms of when and the timeline for this investigation, there is none. david: thanks so much. one of those following washington closely is mark weinberger, a former assistant treasury secretary under president george w. bush in charge of tax policy. he's also a member of the business roundtable, which came out with its quarterly survey of ceos. thank you for being here, welcome to the program. >> thank you. david: give us a sense of this quarterly survey. what to the ceos tell you about what they really need and want out of washington? >> they are the things that you and kevin have been talking about. we need to move forward on the policy initiatives, tax reform is the number one priority. there was a recent survey that suggested 76% of the members would actually increase hiring if the tax reform passed, 80%-some would be inclined to invest more in c

. to hollywood. "wonder woman" has given a boost to warner bros.. millionjust over $100 in its debut. inptain underpants" come second -- came in second. warner bros. has been banking on wonder woman after its last couple of releases have been by critics.ed haidi: there may be reasons for optimism in china's box office. last month, ticket sales recorded the first consecutive in any appeared is this a bounce or a meaningful recovery? it is a meaningful recovery. last year was a bit of a dip down, but these are cyclical things. you need to have a good slate of movies coming out, and it seems like in the first quarter of china, the movie industry is rebounding. my't take money -- no take robert's.take the industry is rebounding. is it a cyclical recovery and doesn't have legs? robert: in china? stephen: yes. robert: when you look the success of furious eight. you look at movies like kung fu chan films.e chan movieackie coming out. we are feeling like it will do incredible business here. here and elsewhere, we are in good shape. stephen: how does your model -- how is your model working? y

reportedly offered $19 billion for the unit. yvonne: time warner is said to be ready to invest $100 million in producing shows an advertising on snapchat over the next two years in a bid to reach audiences. they will make a range of shows including dramas, comedies, and documentaries. will alsor properties invest in advertising on snapchat. betty: a group said to be considering an ipo for jaguar land rover, bought for $2.5 billion. sources say the company has held internal discussions and is weighing the merits of london and new york. plans for a has any listing, though it declined to elaborate further. singapore listed commodity trader noble group jumped the most since 1999 after it clinched a deal with lenders to extend a $2 billion credit facility. noble has been struggling with losses, a collapse in its securities, credit ratings, and growing doubts it can turn things around. undisclosed was its highest in four weeks. even so, stocks have lost more than 70% this year. betty: global advertising a dead executivesvertising are discussing in france. sheryl sandberg is one of the mos

top spot at the weekend. cost $149 million, earned more than $100 million on its debut. warner bros. has been banking on wonder woman after its two previous leases were panned by the critics. i have to watch that one. >> yes. >> we are counting down to the open in japan and korea. trade infutures and chicago, a 1.6% rally for the nikkei 22 five, losing some steam in tokyo, down 45 points with dollar-yen well above 110. >> up next, the disappointing jobs numbers out of yvonne: 7:30 a.m. monday. you can see the rain pounding. we are minutes away from the first major market open. betty: i will take that over cold weather. 7:30 sunday evening in new york. showers all day. the markets are ending as we saw on friday at a higher note after the disappointing jobs report. i am betty lou in new york. yvonne: i am yvonne man in hong kong. but the shery ahn. shery: theresa may will seek new anti-terror powers if he wins in this week's elections. she said there has been too much tolerance of extremism in the u.k. it left seven people dead and 21 critically ill. the campaign has been suspended fo

coordinate the best they can. very impressed with senator burr and senator warner. they did a great job today. you will see a lot of leadership and hopefully that will continue. great to have you here. leverage our special coverage of the testimony of james comey which just concluded, the open session, will begin -- will continue in a moment. this is bloomberg. ♪ >> welcome back to bloomberg's special coverage of the testimony of fbi director james comey. i'm david gura along with david westin. i want to head back to capitol hill now. bloomberg's chief washington correspondent kevin cirilli is there. he was talking to staffers and lawmakers on the heels of that. what are they saying about what transpired today? >> we are outside of the senate intelligence hearing room where lawmakers are trickling out. we just heard from senator marco rubio, who raised questions about whether or not the president was politically aware or politically savvy enough to understand what he was doing when he communicated with now former fbi director james comey regarding his hope for there not to be an inves

this, eight senators to watch at the comey hearing. richard burr, mark warner, john mccain -- who do you think is going to be the most dangerous to james comey and the administration, donald trump? wyden. one might be ron he has been a fierce critic of comey in the past. he has also been a fierce critic of president trump. very somebody that has a tough questioning style. i could see him really dragging down on this obstruction of justice, but not letting comey off the hook, either. john mccain will be one of the last questioners, he could be doing cleanup. he has not pulled any punches on russia or the president, frankly. he has said this is the testimony he has heard about that is very disturbing to him. he could be a republican that punches a little bit of the president from the right. joe: stephen denis, bloomberg's congressional reporter, great setup for tomorrow. after the break, we will be talking about italy and a look at what of some of the recent moves in interest rates may mean for the housing market. from new york, this is bloomberg. ♪ julia: welcome back to "what'd you

"wall street journal" report that time warner has invested in a deal for shows and adds. test the $17act ipo price. it is a sign of the times on whether or not investors are going to buy the growth. the jury is still out on snap. turning to amazon and whole foods, of course, that big deal. we do have the shares of amazon still higher today. whole foods nicely higher up 1.5% about that deal press. with amazon higher, you do not see the inquirer stock trading higher. jaffray, they say it's a bright disruptive acquisition and that the future of groceries is amazon. he is pretty positive with that stock and that is the overall reaction. despite the tech selloff, we still have the biggest market caps out there belonging to technology. this is g #btv 8987. here in light of what amazon had with half a trillion and followed by facebook and berkshire hathaway. these are the giants not just in terms of tech market cap overall. vonnie: abigail doolittle, thank you for that breakdown. amazon'swith tech, proposed 13 point seven billion dollars takeover of whole foods has some investors scratch

. time warner has signed a $100 million deal for snap -- you just saw pictures their of the president of panama, arriving at the white house. trump isdent donald meeting with them today and is having a working lunch with the pen name -- with the panamanian president. here in the u.k., brexit talks have begun as prime minister theresa may is urged to soften her stance. taking a look at the whole foods-amazon takeover, as the online giant plans to cut whole foods pricing. questions arise as to how the credentials of the food chain will survive. with vernon hill who joins us now. delight to have you. thank you for joining us. let's look at the u.k. first area in you have written a book about how to create growth companies in a no growth world. certainly metro bank has been a fast-growing company. what is no doubt that not growing fast right now is the u.k. economy. we have seen slowdown in terms of gdp as inflation rises. with the economy slowing this year, can you maintain your rapid growth while keeping similar levels of profitability? >> yes we can. our profitability is growing up each q

targets. bipartisanship in the senate, republican senator bob corker and his colleague mark warner are open it -- working on an overhaul of friday may and fannie mac. has been covering this story from washington. great to speak with you. the goal here according to corker and warner is to foster more competition in the funding of single-family homes. talk to us about what they see happening. >> we are still early days here. they are just beginning work on hopefully a bipartisan plan to overhaul fannie and freddie. one of the ideas they are considering is splitting fannie and freddie into multiple companies. how do you ensure there are more than two competitors in the single-family secondary market? the last go around senators were not able to get that comfort. one of the ideas they are considering is breaking fannie and freddie into multiple companies. joe: the big question that remains is what about the risk? does the government remain a backstop to a significant chunk of the u.s. housing market? how with their plan deal with this? >> the is an issue they have not resolved yet. sti

million. warner bros. had been banking on wonder woman after the warmer to work hand -- former two work hand. ♪ ♪ betty: i am betty liu in new york. haidi: i am haidi lun in sydney. you are watching daybreak australia. friday with the disappointing jobs report, you know all about that. what a miss we had. betty: it was quite a miss, but --did lead to a stock market did not lead to a stock market decline. we saw equities rallying. we focus on the political stuff over the weekend. there was another attack in london. there is uncertainty over the ..k. elections later this week in the u.s., this will be theater. the former director comey testimony will be closely monitored. this is interesting to digest. it will make the jobs report seem like it was a breeze. here with more. what do you think will stand out for investors? kathleen: on friday, the federal wasrve hikes, we knew this the general election that theresa may called weeks ago would be an important event for the u.k., for the global market. the terror attack put that much more uncertainty and tension around this. in fact, i want

: i think senator warner is -- doing good work. senator harris, on the left. i was impressed by senator reese. i do not know him, but he did a fine job of establishing early on. -- chairman burr, burr. senator rubio and cotton did good jobs of getting facts in. another apologized for staying up too late. charlie: thank you, great to have you. thank you for joining us. see you next time. ♪ ♪ welcome to the best of bloomberg markets middle east. i am yousef gamal el-din. tar,ting off with qa deepening isolation. russia and china have yet to decide, they have important business links with both sides of the divide. indirectly blaming saudi arabia for two terror attacks in tehran. they fall short of alleging direct involvement. they said it is meaningful th

before, however -- >> when comcast tried to buy time warner cable which clearly had no antitrust issues it was really blocked by the fcc. i think that's been -- that's been cleared away. >> so that deal would have happened under this administration >> i think absolutely would have happened >> and i assume you think at&t/time warner is going to happen >> i cannot imagine it doesn't happen there are no antitrust issues. >> what about amazon/whole foods. straight antitrust policy that you would think would be fine, but president trump has made comments about amazon before does that matter >> well, that's, to becky's question, an uncertainty i think with the populist president, there is uncertainty. i think people were counting on ftc approval being easier. i think may be surprised >> what about deals that rely on synergies? meaning, layoffs in the united states right now >> it's the same i think people are very attuned politically, if you can't make an argument that is going to increase employment i think it's going to be a challenge. >> inversions, cross border deals, it's long bee

at stake, not just for warner brothers but the whole industry and future female super heroes. "wonder woman" has brought in $11 million from theaters. >> that puts it on track to bring in $95 million in u.s. ticket sales this weekend. it's boosting hopes it will help turn around the slumping summer box officer, which is down over 7% from the beginning of may compared to the same period last year. "wonder woman" is a big risk for warner brothers, which spent a reported $150 million to make the film. it's also key for warner brothers d.c. comic franchise ahead of "just nice i tis league" which opens in november. and it helps the super heroes stands up to the marvel films. the stakes are particularly high after big budget "king arthur" bombed last month. "wonder woman" faced a backlash. see more only screenings in austin and new york have drawn complaints. it's a huge hit, though, we could see other studios focus more on female-driven super hero movies. "marvel kwats stars brie larson, "wonder woman" the on track to break one gender barrier with "rotten tomatos." it is poised to

platform there is a huge demand for presence on sflnapchat as e evidenced by that time warner/snap deal yesterday we will have more from cannes as well as bob pitman and ryan seacrest, that's coming up on "squawk box. >> looking forward to all of that a quick question, chatter focused on the digital advertising because it's been important, but what are we hearing about traditional advertising in cannes? >> right now we're here at nbc universal's booth, the parent company of cnbc. they've been meeting with advertisers. their big message is their scale. they have such broad reach across all of nbc universal's various properties talking about their access to a huged a yens through t ed audiee olympics, as well as snap and buzzfeed another piece of news about the traditional media companies. this morning fox announced they will embrace a six-second ad format giving that as an unsq p unskippable option for advertisers. it will be interesting to see how advertisers respond to the new options, whether it's from traditional or digital media players. >> great stuff looking forward to more c

buy charter itself, given its ownership of time warner cable but that can change. 5g coming into the picture in a couple of years. does it represent a short-term threat to cable, with its ability to bring in a wireless signal into the home that is not related to your broad band connection yes. but it's early days at this point. we'll see. >> getting some kind of agreement potentially here is a defensive move of let's have this as part of our offering, wireless feature in case down the road you can circumvent the broad band connection? >> also it does enable them to market to their customer base with the quad play, so to speak. but the idea of really being up against a 5g offering from the likes of verizon, we'll see what that amounts to. some would say it's a short term problem for cable but long-term problem for wireless verizon tried to buy charter, and they did they negotiated. they tried they failed. they could never come to any sort of price agreement there. charter's ask is very high we'll see where all this goes. >> are you shooting down the idea that charter and comcast c

these spectrum users that's the old time warner whatever we are going to call it mike is the idea here that i would be able to keep my internet that i'm already paying for, layer this on too much it, and the bill would be much cheaper than paying for cable right now. >> we have got a good deal right now, basic cable, and it's like $80 a months. >> connect this offer probably would be cheaper. it's currently -- the test from charter is currently priced at $20 a month. you know, that may or may not be cheaper than what you are paying now. >> on top? >> it's really to have a smaller bundle of channels, importantly, espn has been removed from the bundle of channels so it's a much smaller offering. >> to lower the cost is that why? >> right, to lower the cost. the removal of espn from this makes the offer much cheaper >> let me ask you, you mentioned a $25 price but that is layered on the broadband piece of this how much do you think that's effectively going for these days. >> the price of broadband has been relatively stable throughout the past couple of years. the problem is that so much