money,"me to "lunch where we tied together the best stories, interviews, and videos in business news. in the world, malaysia expands the search for the missing jetliner. looking into possible pilot and crew involvement. in africa, companies trying to break into the new frontier of investment. apollo, all you can't you. the private equity giant that just bought chucky cheese wants a piece of dave and busters. happy friday, 3.14 occupies a special place in our hearts. mega-successful.

telling us about the american success story. kicking it off with what everyone is talking about. a pivotal few days ahead of the international standoff over ukraine. this weekend, residents of crimea will vote on whether to break off from ukraine and become part of russia. the u.s. is: the referendum illegal. if the vote goes through, the says the region would join russia as early as next week. john kerry meeting his russian todayrpart sergei lavrov in london. here is secretary john kerry. >> we have a lot to talk about. i look forward to the thertunity to dig into issues and possibilities that we may be able to find about how to move forward. together and resolve some of the differences between us. we look forward to a good conversation. >> in ukraine, the situation not

getting any calm her. >> violence in the last 48 hours in the air of donestk. -- of donetsk. --itary-esque assizes military exercises on the mediterranean. we had a statement about the violence in eastern ukraine suggesting that russia reserves the right to take people under the country's production. this could threaten a military push. >> there is conflict about this in washington. the house of the senate are disagreeing over competing versions of this one billion-dollar loan guarantee for ukraine. everyone agrees that should happen but there is a difference of opinion over imf quotas. that held things up, they are on recess for the week. this pointukraine at even though everyone thinks it should and will happen. >> one person who thinks it should happen is john mccain.

he really feels strongly about this one. >> right now, as we speak, vladimir putin is either planning on or contemplating an invasion of eastern ukraine. thereibly, incredibly, will be an objection from this side to this legislation when the people of ukraine are crying out for our help and assistance. what has happened? where are were priorities? whether it is fixed with this legislation, is that more important than the lives of thousands? you can call yourself republicans, that is your voter registration. to not call yourself regular publicans. ronald reagan would never go and let this kind of aggression go and responded to. know what vladimir putin

is about. russian military forces are amassing on the border but it is more important that we get campaign-finance regulations fixed. i have been embarrassed before on the floor of the senate. i have not been in tears of this way. the members of my own party, a shameful day. i will not object. >> strong words. one plays ukrainians can count on for assistance, the world bank. it has pledged more than $3 billion in aid. world bank president jim yong kim joined "market makers" this morning. what strings are attached? 3.7 billionbout dollars worth of programs in ukraine already, including two in crimea. this is the next wave. it is going to be providing basic services -- sanitation, heating, health services. i just met with the prime minister what he was in d.c. he is facing a difficult situation. for us to move forward, we need to see some committed to a

reform agenda. they passed an impressive reform agenda. the magician will be difficult but this is a government that even in the midst of difficulties, they will do things like remove fuel subsidies. they are moving forward and we are going to be able to move forward fairly quickly if they continue on that path to being committed to the reforms. how can you be confident that the money going to ukraine will find its way to the right people and the right programs? and will not, as has happened, be siphoned off into private accounts? >> in terms of the money we provide, we have a whole auditing system. 20 years ago, my friend and predecessor made it a top priority to fight corruption. wehave audit mechanisms and can follow our money. what happens with a lot of other money, we do not know. we have pretty good mechanisms and we think we can follow up so we know it will get to the people who need it. >> even given how opaque that

part of the world is? lot of opaquea places. the good news for us is that we have for over 20 years developed of this system. we follow money as closely as we can. we have auditing mechanisms and people on the ground. if they are committed to reforms, we can move and we will watch carefully the money that has to get to the people who need it. the other bige to international story, malaysia. more theories and no answers. that is next. if you are looking to travel, we will show you why south africa is the place to visit. ghana is the place to invest. check out this desperation heave at a ministers -- at a minnesota high school game. unbelievable. this was at the end of the fourth overtime. gave them a win. here it goes. oh, yeah.

that is beautiful. [applause] ♪

>> this is "lunch money" on bloomberg television. streaming live on bloomberg.com, your tablet, and your smartphone. i am adam johnson. in world, it has been almost a week since malaysian air flight 370 disappeared with 230 nine people aboard. few clues and fewer answers. the cabin crew or the pilot may have been involved in this? >> we are looking at that possibility. [indiscernible] >> one question only. >> malaysian authorities looking into the possibility the pilot or crew were involved, even intentionally. youan you explain whether

have any evidence to confirm and system was shut down systematically. can you tell us whether or not -- >> there are four or five possibilities we are exploring. it could have been done intentionally, it could be done under duress. it could be done because of an explosion. i do not want to go into speculation. >> two systems -- >> we are looking at all possibilities. ?> and the pilot questio >> the malaysian transport minister saying the police will search the pilot's home if necessary. the search for plane is ongoing. images.crowd sourcing with 13 countries involved, it is like looking for a needle in a haystack. this shows a 2000 mile radius around the intended flight path from the point of last contact.

if the aircraft flew into the fill tank was empty, it could have gone as far as australia, even into the south china sea. that area is four times the size of the continental u.s. chance, any chance this plan could be hiding somewhere? >> i do not believe so. i think the directions it is flying in the places it is flying over. the fact that it was on radar, i do not think there is any way it can land without the population knowing on some of those small islands. most of them cannot handle that size of an airplane. if they did, it would be something that had never happened before. just the noise of the aircraft landing on a small island like that, there are only two or three of them that we have landing pads and landing strips large enough. >> that man would know, he is found a demonstrator

of tsa. he is a former secret service agent. also, former white house advisor richard falkenrath. >> the aircraft did not land at some airport nearby. scenarioot like a loss -- this is not like in "lost" aenario and the people are on beach. we know where all the airstrips are in that area that can handle a jet of this size. you've really are down to some form of crash. the ocean somewhere. it needs to be found. the questions of -- the scenarios, none of them can be rolled out. who did this and why they did it. it is too early to say. the data is too fragmentary. >> back to the tsa founder, where do we go? >> go to the very beginning, you have to look at everybody who ched the air force since it

landed in kuala lumpur. all those things have been examined. transpondershave 2 a lowerff, it flew at altitude, they were still communicating with the ground. that is a scenario, a head office is where you put all the investigative things together. this leads you to assume it has to be one or both of the pilots. >> someone else who also knows what is going on on an airport is laura gladding, president of the association of professional flight attendants. she spoke to the "market makers" team this morning about why the transponder would have been turned off. there only reason is if was on electrical problem, perhaps it was overheating and there was a safety concern. even then there would be communication to the ground that there was a problem with electricity and that they needed

to turn the transponder off. that is an indication that there was something very unusual happening on the airplane. we are just going to have to wait until we can get more information from the black box to learn what happened. >> in this day and age of locks passenger doors and the post-9/11 era, what options do flight attendants have. the other crew on the plane come outside the cockpit, if they figure out that the pilot is up to no good? well, we cannot speculate what happened. >> i am creating hypotheticals here. that is a realistic scenario. guys,"pilots, the "bad just talking about scenarios. the crew recognizes this. maybe does not know that the transponder has been turned off. what do you do? >> we do not have access to the cockpit door.

they're very well guarded. it would be impossible to get into the cockpit. we would have to try to do all communications through the interphone. not knowing what happened, i do not know what the procedures would have been. i will tell you i feel very badly for the families of the crew and the passengers. there has been so much speculation and so much new information coming out of time. in the u.s., we have the family assistance act, that would ensure all the passengers' families were well taken care of and informed. what i am seeing is that they are heartbroken. the information they are getting on a constant basis is more reason for concern. speculation it could have been the crew has been difficult on crew families. i hope we get to the bottom as soon as possible to give these people some peace. families of the passengers have been putting pressure on the malaysian government. relatives of chinese

passengers want malaysia to invite the chinese navy into the strait of malacca to help. an incredible and evolving story. south africa gives ge the nod for a huge contract. jlo versus diddy. for control of madison square garden's fuse channel, separately. coming up. ♪

>> south africa is getting nutrients from ge. the state owned rail company said ge is the preferred bidder to provide 465 diesel locomotives as part of a three point 2 billion dollar

infrastructure programs. one of the country's biggest ever. infrastructure is good for industry and supports tourism. let's take a trip to south africa. this is element house in cape town, south africa. if guests have included oprah winfrey and kim kardashian. it nearly $5,000 a night, comes with its own butler. africa's growth rate fell to just below 2% last year, the lowest since 2009, here in the cape, tourism is up, helped by the falling value of the rand. the currency last 26% against the pound and 19% against the dollar last year. bad news for some, good news for to stretchnting spending. international arrivals to cape town rose six point seven

percent in december to almost 160,000. arrivals for the whole year are up. 25-star hotels are enjoying their best season since the 2010 fifa world cup. authorities in cape town believe tourism has the potential to double in the next five years. as the rand remains weak, they are hoping international tourists will spend big, providing some upside to the sliding currency. angus bennett, bloomberg. >> very inviting. 8 of the 20 fastest-growing economies are in africa. the u.s. government has been making a big push for american companies to do business there. trying to catch up with china, which has established a foothold. the u.s. investor to ghana spoke with mark crumpton on "bottom line." chinese have been very

active in africa during the past several years. i think it is a question, for some reason we have been a little late in turning on the potential of a resurgent africa. oh under -- under president obama and secretary kerry, we now have a firm posture that we have got to be more active in the continent. just because china has been added and other european powers, does not mean there is not room for us. in fact, i think even at this point, the american brand has a tremendous amount of credibility. spent onney is being those brands. in nigeria, online shopping is booming. here is our bloombergtv africa partner. a quarter of nigeria's 170 million people are now internet users.

the world bank estimates that in the last four years alone, a flood of online shopping website in nigeria has boosted the country's gdp purchasing power by 22%. the nigerians spent about $6.3 billion a year on clothing alone. more than half of the consumer market. $86 billion annually. a large section of nigeria's $275 billion economy remains -- goods are bought offline from large, informal markets like these. or more recently, the foreign shopping malls around the country. minorityeled prefers to buy goods from the u.s. and europe. online retail store jumia.com

recently raised 75 million dollars in fresh funding to expand its domestic market. the vast majority of tech startups fail. a key issue is the lack of secure online payment facilities and the result of nigeria's notoriety for online fraud. another tech success story enters nigeria's market with a solution to online payments. >> we only deal with one type of fraud, people who have gotten debit cards illegally and try to use it on our platform. security is something we take very seriously. it is rings of security. we guarantee our customers if you keep your pin number suits, your money is safe. >> analysts say these are too few in a market where accounts for just 2% of gdp and where 99% of urban dwellers have mobile funds. watch more of bloombergtv

africa online at bloombergtv africa.com. time for food and games. the day from dave and busters talks about a potential deal with a private equity firm. what better way to celebrate 3.14 than pies. that is coming up in a wild-card." . >> some breaking news for you on quiznos. the sandwich chain is filing for bankruptcy protection. it lists debt of more than $500 million. about 7 of his 2100 stores are franchisees and will be operating as normal throughout this time. the company did secure about 15 -- $50 million in financing. this comes days after sbarro,

the pizza chain, also filed for bankruptcy. highlighting the stress in the fast food market. since it is 26 minutes after the hour, a quick look "on the markets." rebounding throughout the day, the s&p up by over 1%. back in 30 minutes. ♪

>> this is "lunch money" on bloomberg television. also streaming live on bloomberg.com, your tablet, and your smartphone. i am adam johnson. today's moving pictures, where the video is the story. passengers scrambled to get off a us airways jet in philadelphia after the pilot had to abort the takeoff. look at this picture. the scene on the ground right as a passenger was getting out. the jet blew a tire as it took off, collapsing the nose gear. the pilot brought the plane down but the damage caused it to skid down the runway. incredible images. in brazil, a march to express

anger over money being spent on the world cup. the organizers of the june event are behind schedule. 3 of the 12 stadiums needed are not finished. strains a project -- transit and infrastructure projects are months behind. veterinarians from the san diego zoo teamed up to perform a cesarean section on a gorilla. the mother went into distress during labor. the emergency procedure was a success and a 4.5 pound baby gorilla was born, a little girl. in deals, apollo group loading up with pizza. salad, andza, breadsticks it can eat. they bought chuck e. cheese last month. that deal was valued at about $1.3 billion. apollo is hungry. they want a bite of another chain, mixing food and games. >we are talking about dave and busters. two people with knowledge of the matter say apollo is weighing a chan, currently

owned by another private equity firm, oak hill partners. alix steel and cristina alesci caught up with dave of dave and busters yesterday on "taking stock." >> considering the dominance that dave and busters has on the market. as far as the fear of consul games, it is well disproven that that is not the case. a typical dave and busters is 50% amusements, 60% food and beverage. the games played at dave and busters you cannot lay at home. 70% of that 90% is redemption games. where you win coupons. it is the thrill of winning instead of at home where you can battle but you do not cash out. >> the numbers at the end of the

day to show a slowing growth for this business. would you say dave and busters needs to do to turn that 1.7% growth into maybe double? or 4%? opinion it is essential that a business -- dave and busters is a solid, well conceived concept. it needs to conceptually of all in order to succeed in the long run. >> in your opinion, what is in it for apollo? you heard the chuck e. cheese part of it. what is in it for the private equity firm? >> as far as the two combined? >> yeah. brilliant. you can have a cradle to grave situation where you are dominant. i think there are synergies between the two that could be dynamic. especially on international scale, licensing and stuff like

that. ise again, chuck e. cheese in my opinion just like dave and busters. the concept has to conceptually evolved in order to remain dynamic and thrive like it has. >> talk about the evolution a little more. give us an example of what you mean when you say evolve. far as theas presentation of amusements. -- evolve as far as presentation amusements. how it is perceived and presented to the public. things that take ordinary games and make them special. attractions. we have interaction horse racing cans, group games where you spin them off for teambuilding and all kinds of uses. mainly it is the wow factor and

you have to keep wowing them. >> keep wowing them. success.o be the creator of the viral tre at, the cronut. band has the metal sold over 30 million albums. we will hear from the front man later in pop. the red carpet treatment for rocky. sylvester stallone had a musical based on his 1976 blockbuster movie. the boxing effort was -- the boxing epic was transformed to the big stage. >> ♪ let me keep going if a prayer can never come true let me think of you and try to keep i'm standing ♪ [guitar music plays]

>♪

>> in a wild-card, happy pi day. the ratio of a circle's circumference to a diameter, 3.14. march 14. here is tom math, keene at new york's math museum. >> glenna whitney from renaissance have capital, he started -- glenna whitney from renaissance capital built this wonderful institution in new york city about math. america is way behind in math. we have got to get kids and their parents engaged. inside is a lot of fun but this is serious. we have got to get better at math. ok, what are we doing? oh, my god. it is very easy.

this is serious math, people. trying to get a seventh grader fired up. how? >> we give them something to touch. arn by touching and doing. >> i can go faster than you. 4, 5, 6, a hexagon. is not just about numbers and formulas. it is also about the physical space of geometry. do -- what do we need to do in this country to make math cool? like this where they can touch it and feel it. i am always looking for toys to keep their brain going. otherwise, they are just under little machines. >> throw them into the pacific ocean. >> i will do that. mathpecting kids to get skills in school but we never show them what to connect to in the real world. we never show them the light at

the end of the tile. we are here to show people the beauty of application and rely on math teachers who get skills. >> what i will do for mathematics. we here on "lunch money" are not the only ones who love pi. >> i am excited about pi day, the 14th of march. >> one more time? >> 3/14. >> 3.1415. it is one of our favorite holidays. we are known for our pies. milkime pie, brooklyn's bars grasshopper pie. if you order any pie, you get to send went to a friend for $3.14. >> that is the shipping? it costs a lot more than three dollars. pot atou buy the first regular price, the second one is

$3.14. >> i will send everybody guests and get a zillion to myself. wait until you see me on monday. is a good deal. from the man who brought you the cronut, the cookie and milk shot. you cannot make this up in less you are bigger dominique ansel, who debuted his new hybrid at sxsw. how did he come up with that? >> thinking about something everyone was eating. drinking milk while eating cookies, i wanted to combine both. oneght not be the first making a cookie as a cup. andnted to bring the idea make it a little more interesting and exciting. i found a way to mold the cookie into a cup and infuse milk.

and we pour it into the cup. in innovation and creation. seeing so many people passionate for food and what we do is amazing. about new phones and technology when they launch. the same thing with food. >> those little gems go on sale at his soho bakery. it is at 3:00, go get in line. in pop, all about music. we will hear from country music legends and dave mustaine from megadeth. how to go hard-core. ♪

>> it has been a busy week in

the music and tv business. beats music from rapper dr. dre reasoning somewhere between $60 million and 100 million dollars in a second round of financing. mbs-hop icon sean diddy co offering to buy madison square garden's fuse cable channel. his ex-girlfriend's channel is even more. we are talking about megadeth, they have sold more than $38 million -- more than 30 million albums worldwide. going back on tour. dave mustaine spoke with pimm fox about how he has helped pioneer thrash metal. off in the 1980's playing guitar and i was in a band called metallica. we basically invented a musical style. we parted ways in 1983 and i formed megadeth. we are both current members of

what is fondly called the big 4. >> tell us the other 2. anthrax. and slayer is another los angeles band and anthrax is from new york. >> that does not necessarily mean warm and cozy. how did you develop this genre of music? how itople some idea of is characterized by the people that play it? >> when you are playing heavy the nameic, per se, kind of has to fit the power of the music. a lot of times pop bands have names that are really sitting. for us, we were trying to be so heavy and so altra furious with guitar playing. we wanted something that represented that power. megadeth was the only word that fit. metallica has a metal-esque inamed, anthrax has a potent disease.

hostage in 2001 with all the letters going around. slayer is one of the names of the great destroyer in the bible. these are intimidating names, setting the style of the music. >> have you become less intimidating in terms of your music as you have developed? >> as you grow up, things kind of change and it is hard to get an anarchist when you have a mercedes-benz in your driveway. i really -- this morning i was thinking about growing up how i my homeless when i started career. a product of a broken family. it was basically -- watched during the day by the boys's club of america. you go from being a poor kid and having lunch tickets and food stamps to being a millionaire. it is an american success story. >> from metal to country, oak ridge boys have had more than 30 top 10 hits over their long

career. --e is the bandwidth and fox here is the band with pimm fox. >> we have a long history back to the second world war. there was a group called the georgia club hoppers. -- georgia clodhoppers. they would go to oak ridge, tennessee and entertain the people working on the atomic bomb, the atomi manhattan project. they changed their name to the oak ridge court that. -- oak ridge quartet. they were reorganized a few years later as the oak ridge boy. william was the first one to join this lineup in 1965. inoined in 1972 and joe 1973. we have been together -- >> he is the younger. you are the newcomer. >> i am trying to learn. >> talky little bit -- a

fabulous beard. is this your signature and something you have spent a lot of time on. >> it has been a long time since i trimmed it. 1980 was the last time. >> 1980? guess, i don't know if i would know myself without it. >> what is it like playing with these three gentlemen? >> it is a great thrill. we all come from different places. >> where are you from? >> i grew up in south alabama and northwest florida. a small timber town. joe is from philadelphia, richard is from new jersey. duane is from northeast texas. >> you have got the whole country almost. >> almost. soundt characterizes the of the oak ridge boys? it used to be considered gospel. it has changed over the years.

allt was gospel when we joined the group. we were southern style gospel. is probably where we developed our love and fascination for power harmony. not pink harmony. peterbiltike for trucks coming at you. we sing with full gusto all the time. we do not get in together and do that really unique harmony stuff. we seeing our harmonies in powerful places. from one performance to another. the nutcracker, today's mystery meat. great. ♪

the hour,6 past bloomberg is "on the markets." i am alix steel. here is what is happening with stocks -- not a lot. the sv pretty much on stage -- the sv pretty much unchanged along with and allied nasdaq. after thursday's change.

the university of michigan anfidence index came in at four-month low. not really rattling stocks that much. traders not really willing to take into big decisions heading referendum ina the weekend. utilities leading the way, s&p.ht .8% in the treasuries had been a safe haven throughout the entire week. the yields of the 10 year are at a 10 day low. ticking up ever so slightly, there is not as much safe haven demand for the asset. different when it comes to gold , gold maintaining that safe haven flare at a six-month high. ubs coming out saying the headline risk from that crimea referendum should keep gold supported short term but long-term there needs to be a

catalyst to persuade long investors to keep adding to those positions. we are also watching emerging markets. look at stocks there. the biggest weekly drop since november. all that unbelievably bad data we have seen out of china and growth concerns as well as a volatile currency. this morning on "in the loop," betty liu asked director of discipline portfolio strategies at wells fargo how he would invest in emerging markets. >> em is an area we are trying onget constructive but it is difficult. em.le want exposure to a great way to play that is through low volatility fund s. you can get exposure but you do not have as much of a risk profile as an active manager. >> a variety of data on the economy. adam takes a look at some of the reports and what we can expect in the week ahead in insight and action. >> 2 steps forward, one step

back. thank you, paula abdul. who says we cannot have fun with economics? look at the pattern. two steps forward, one step back. two steps forward, one step back. talking about producer prices month over month. this is the data we got, down .1%. have seen this before. paula abdul was talking about how opposites attract, we are talking about volatility in the numbers. move forward and you give up. here's the problem, we are not moving forward a whole lot. this is the number we got today. next week on tuesday, the day after st. patrick's day, we get the cpi consumer price index. producer prices at the wholesale level, consumer prices are in the consumer level. what we feel when we go shopping. very slow growth. prices are not going up at the estimate is for a gain of .1%.

the previous month was although .1%. you need inflation to suggest there is growth. there is not a whole lot and that is why the fed is concerned about what is happening in the underlying economy. trade beginning to emerge. it is becoming clear that pimco's new normal, remember bill gross, you are going to have stable growth: 3%. -- below 3%. the 10 years have been trading between 2.5% and 3%. >> "bloomberg west is next . .

>> life and peer three in san francisco, welcome to "bloomberg west" where we cover innovation and business. is details on when alibaba going public. why they appear ready to lift in the united states. the guy behind the google driverless car and online education company is now offering classes in conjunction with google