. . cory: live from pier three in san francisco, welcome to "bloomberg west," where we cover focus on innovation and the future of business. i am cory johnson. here is a check up top headlines -- in moments, the iranian official will give a press conference, u.s. secretary john kerry will give a separate press conference. iran's foreign minister has just tweeted -- "found solutions ready to start immediately."

we will take you live to switzerland when the news conference begins. the second black box of the flight crashed into the french alpalps was found today. meanwhile, the copilot is believed to have intentionally crashed the plane. suicide methods were found on his tablet. at least 70 people are confirmed dead after a terror attack at a college in kenya. the gunman went to somalia. the al-shabab terror group stormed the university 90 miles from the kenya-somali border. a number of them were being held hostage. indiana lawmakers set to unveil a proposal today to amend the religious freedom mother has created criticism of the state from the business community. the new protection will ensure that the law will not allow businesses to discriminate against gay and lesbian

customers. and the european union probing deals of the record labels, streaming services were sent questionnaires by record labors that says regulators are not targeting one specific company. there is a wider eu antitrust investigation where companies are restricting choice because of their online sales practices. breaking this hour, diplomats in iran and six world powers set to give statements any minute now as a result of a marathon iran nuclear talks. the talks in switzerland have details of the broad agreement, but we have bloomberg news reporter elliott gotkine on the phone and our washington bloomberg chief washington

correspondent peter cook with me now, and in studio, edward morris, who knows a thing or two about what we are talking about here. i will start, elliott, what is the scene on the ground there? elliott: maturin he -- tweeted that she had good news, along the lines solutions onto perimeters of the iran nuclear case reached, drafting and start immediately, which in all in all translates as it seems like we have a deal, so after eight days of negotiation we are expecting them to announce a deal. we are also expecting the general statements around what the deal entails, but the actual

details to be enshrined in some sort of secret annan's, which they will work on over the next few months. cory: elliott, be seen in lausanne seems crazy with the russian diplomat leaving and coming back, the french tip of my leaving and coming back. is there a sign that when both of these guys returned things got serious and a deal might happen, or is that leaving itself about show? elliott: we have been expecting a deal for the last three days, so surrogate lover of left the day -- sergey lavrov left before the deal, then he left, he came back, then he left again. another way back yesterday and returned late last night so you can try to read into the various maneuvers of the various diplomats, how they are looking, secretary of state john kerry, he went in and came out two minutes later, he wished he had time for it and he looked

absolutely exhausted, which is hardly surprising because they have been working so hard on this agreement. but let's not forget this is not even halfway. the real details, the rail real hard work begins over the next three months to work on the technical details to create a definitive deal, which they have to reach by june 30, which is when the interim sanctions bill with iran is due to expire, the end of june 30. cory: peter cook and washington, d.c. your take. peter: my take is let's wait to see exactly what we hear not only from the europe in union and the iranian foreign minister, javad zarif, but we have heard little to nothing about the u.s. position on this. we expect u.s. secretary john kerry to have his own rest conference from the eu, the high representative and the iranian foreign minister. do not be surprised if there is

still some daylight between the united states and european union on exactly what was accomplished today. we will see. but the white house is very cautious, the president has not had anything to say yet. in fact, his own departure to louisville kentucky has been delayed somewhat. we have not been given exact reason but you can be sure he will give his own take of where things and. still some questions here at the white house. most of the reaction has been from the eu sight for me the last few minutes of twitter, or a, the -- cory iranian president rouhani has been weighing in saying they are finding a solution they will get about to business of drafting this or mulligan it big and that is just two of the participants in these negotiations. let's see where the u.s. stance before everybody starts toasting a deal. cory: indeed, on the twitter front as well, the german foreign office tweeting -- agreement on framework for final agreement reached. press conference following.

professor edward morris from uc berkeley joins us as well. professor morris, a lot of the scenes about limiting the number and the output of the centrifuges of iran but also possibly increasing that. talk about what this means, the number of centrifuges. professor morris: the real issue is whether or not they have the ability of breaking out it within a short period of time in taking that material to weapons grade and a time that is so short that we cannot really do anything about it. cory: which is supposedly less than three months. professor morse: i have heard less than seven months. cory: if that is the case, why haven't they done the thing thing? professor morse: that is the thing -- there has never been any evidence that they want to make a bomb, and it has been this way for a long time. when the shah was there, we give them a reactor that was equipped

with enriched uranium, which was weapon grade material. we had trust in them at that point. they did not try to do a thing then, but since then, there really have not been any serious efforts that we can tell that they did all the other ancillary things besides the centrifuges which would give them a bomb. cory: is this all a ruse to get something else out of the international community because the sanctions have hurt the country? professor morse: they have hurt the country, and we do not like the idea that in such short order they could make a bomb stop that is the issue, but there is no evidence that they have done any of the other activities that would give them a nuclear weapon. cory: and there are a lot of battles in iraq, interesting things with tikrit with who they are arming in tikrit, and the fighting of isis in syria. professor morse: yes, the political situation is kafkae

sque. they have no reason to have a centrifuge at all. they have a contract with russia to supply the reactors. they have a great deal of material, which is enriched just under the limit, which we would call highly enriched uranium, 19.75%. they have one country reactor that runs on i come and they have like a -- that runs on that, and one wonders what they are doing. cory: kenny centrifuges be limited or monitored? ifs the outlook measurable so the rest of the world would know what the centrifuges are doing? professor morse: oh, absolutely it could be made transparency. we could determine the enrichment at every stage and the centrifuge cascades, they are called, see what they are really up to. cory: what is the technology like? professor morse: it can be mass analysis, things like that, it can be a gamma ray signatures

we can look at in the material. there are a number of technical options we have -- cory: you can examine the machine and see what has come out of a? professor morse: yes, they run on uranium hexafluoride and you can monitor that and see what the enrichment level is on every stage of the process if you are allowed access, but so far we have not have that degree of cooperation. cory: is this measurement done elsewhere in the world? professor morse: absolutely. we do that in our own enrichment plants to make sure every thing is going according to what we don't do. there is tremendous experience in russia in measuring isotopes and things like that, so all over the world this is done. cory: has this kind of measurement be a staple of prior nuclear arm reduction -- particularly in the u.s.? professor morse: no centrifuges and arms reductions are not covered. cory: peter is still with us and washington, d.c.

from the political side, president obama has a lot riding on this. the recent battle about netanyahu speaking before congress. this was the central issue. the republican house has vehemently opposed any plans here, more loudly than anyone else maybe for this deal. could that her the likelihood of this deal, even if the rest of the world agrees to it, if the u.s. is not backing it? peter: absolutely. john kerry has had a struggle negotiating with the iranians over this deal. i think this could have an even bigger struggle trying to sell it to members of congress up on capitol hill, particularly republicans that even some democrats. this'll be a tough sell particularly, cory, if the end result of this negotiation is not the specific details that the administration was hoping for. no one expected a full agreement by this time that every single measurement and every single word, every single i dotted, t

crossed, but they didn't expect a political framework laying out the commitment by each side, and it is that it's not what we're going to hear shortly in lausanne we would have harsh critics. even if we did have that, we would have harsh critics of the steel. as will be a tough sell for the president and secretary kerry and one reason they are being cautious clearly in what they have to say about initially. cory: i wonder what we will hear out of israel as well because israel's position has been there should be zero enrichment capability for iran whatsoever. peter: that is right. we heard that just yesterday again. strong statement from benjamin netanyahu when he was meeting him of all people, the speaker of the house, john boehner. coincidence? i don't think so. the speaker of the house visiting during the recess at this cripple moment in the iran negotiations, again showing somewhat his solidarity with benjamin netanyahu, raising his own questions in an interview while he was in israel about this deal and about whether or not the obama administration was too keen on reaching a deal in

the end. this is going to be a very tough sell here in congress, but you after member that the president is going to have the ability to shape some of this on his own. his executive authority is on point will have to go through the u.s. congress. not all of it, but some of it because some of the sections in question were again approved by congress and made into law. cory: professor morse, last question really quick -- if there is some capacity to enrich uranium, is there always a risk of a bomb coming out of the country? professor morse: as long as they have centrifuge capability that they have now, and they have the materials they have now again, there is a very short time for them to make weapons-grade materials. but there are a lot of other steps involved in making a bomb, and as far as we know, they have not taken no steps. cory: edward morse from uc berkeley, elliott gotkine, we will cover this when "bloomberg west" returns. ♪

cory: i am cory johnson. this is "bloomberg west." still to come, looking for a room in cuba? airbnb is here to help. and diagnosing your health issues. some other stories making headlines as well -- greece -- opposition leader says he is willing to open the new government with prime minister alexis tsipras if it would help greece stay in the euro. he was ousted by tsipras in the recent election. greece leaving the euro would be a total catastrophe for the country. a trawler sinks. 15 people are missing. six the three people were rescued. 54 bodies recovered. a number of the fishing vessels and mary a have been helping with the rescue. possible safety violations led

to the sinking. kraft and mondelez are accused of illegally influencing the wheat prices by holding contract they did not intend to fill. craft spun off mo -- kraft spun off mondelez in 2012. airbnb one of the first companies to establish a residence in cuba since the two countries eased diplomatic relations in cuba. because of cuba's infrastructure, brad stone from bloomberg is joining us for the story. i love this story, but let's talk about what it means, what are they doing, how big is that? brad: airbnb is one of the first american companies to really react to the thawing of relations that president obama and cuban president raul castro

announced in december. it can contract with local entrepreneurs. what are they doing? they're making about 1000 properties, mostly and have onana available to u.s. residents. so now there are more travel options. the number of hotels are limited in cuba. there is an existing network of hotels, and airbnb is piggybacking on the network of cuban homeowners who have been renting out their properties to homeowners. cory: i just read this great book called "havana nocturne" about business in cuba. by a landscape, it took them about a year and a half to build the hotel riviera, which has 352 rooms. it takes airbnb like a week to add 1000 rooms. to me, if this is about cuba this is about airbnb and what

they are doing to the entire hotel industry. brad: also this idea that the sharing economy. cuba, frozen time for the years, has really developed the first sharing economy. not just these casas particulares, leave and go to restaurants in cuba, there are taxis, not connected with uber but people driving around willing to pick people up. it has shown how the cuban people have reacted to the constraints of isolation by sharing their assets, and i have allowed airbnb to come in with a pretty strong solution right off the bat. cory: first of all for the record, it is important for the viewers know that you and i should go to cuba to report the story. i will let my boss know about that expense report as soon as i am off the air. he may be calling me right now. this is an amazing story because of the impact airbnb has had on the hotel industry. there was a rate moment when

marriott in a conference call said they will add 30,000 rooms over the course of a year. brian schatz key when on twitter and said yeah, i am going to add that this month. marriott has 33 thousand rooms this year, i will add that in two weeks. you mentioned uber, there are these companies where they have no hard assets, whether it is uber, airbnb where they are able to take on the infrastructure of other individuals or other businesses and grow their business just as a referral agent. brad: that is right. in cuba, hotels or partnerships between the government and private companies. by moving into cuba and doing these direct relationships with homeowners airbnb is empowering the cuban people, you know, and allowing them to build a business is apart from the government, so even though the detante sort of allow this

airbnb is building a partnership with the cuban people that is outside the purview come outside the reach of their government. cory: and when you compare it to the big chains of hotels, when you compare it to the marriott hilton, i mean, they have got a comparable number of listings as well. this is a big -- do not tell raul, this is capitalism coming down the pike here. [laughter] brad: that is right, and these sharing company's can build frictionless businesses without a lot of employees without a lot of assets. airbnb is still restricted by existing laws. they cannot hire anyone in cuba they cannot put employees there, they cannot offer these properties to non-us residents -- at least for now. they are operating with one hand tied behind their backs, but because you mentioned, the model is so frictionless, they are able to spin off and offering very quickly. cory: indeed they are. redstone, i will see you -- brad stone, i will see you at sfo in

what, in our? -- an hour. we will bring you the very latest from iran after the break. ♪

cory: welcome back to "bloomberg west." i am cory johnson. in lausanne, switzerland, it apparently strokes have been reached between iran and the international community. peter, what do we expect from this press conference? peter: we expect to hear again the terms of this framework agreement between the nations and iran. so far the european union, iranians have expressed positive

views on what transpired here. we will wait to hear from the united states as well as her they are totally on board. john kerry and president obama -- he is ill at the white house waiting to travel to louisville, kentucky. more coming up from john kerry after this initial news conference, cory. cory: peter cook, stay with us we will continue to cover this one "bloomberg west" continues. ♪

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♪ with the fastest in-home wifi and millions of hotspots xfinity is perfect for people who love fast. don't miss furious 7 in theaters april 3rd. corey: welcome back. i'm cory johnson. we've been waiting for a news conference from luzon, switzerland. -- lausanne, switzerland. they have a couple of podiums but no people yet. as soon as the people are there, we will bring that to you. let's check the headlines beyond that news. robert menendez has appeared in federal court to address corruption charges. the democrat is accused of using his office to benefit a friend and can train -- campaign

contributor. yesterday menendez vowed to fight. senator menendez --: the people of this great state have elected me to work for them and that is exactly what i plan to do, no matter how long it takes to clear my name. cory: he will for now sit down from the foreign relations committee. al qaeda stormed government building and and about 300 prisoners commit including government members. ties to al qaeda in the arabian peninsula, they said they discussed jihadist views with an undercover officer and told the

officer then relearning the science in order to build upon. on a lighter note, much lighter, scotch and more scotch, revenue of scotch in u.k. exports is falling. sales in the u.s., largest market by value, dropped 9%, and sales to france, the largest whiskey market by volume, fell 2%. android dominates the mobile offerings. it has a 77% market share, crushing ios, windows, blackberry, you name it. while the user numbers are high the android user experience has mixed reviews. one company ,cyanogen is trying to offer a better experience better battery life, even better security. qualcomm is betting on them, $80

million along with others to invest in the company. what do you do that android don't? >> that was really good english. number one, better features, better security, etc. if android was mercedes, we are amg, on steroids. in the next several months you will see a bunch of new services and animations. we are opening up to third-party services to exist as holes -- core services in the os, similar to how apple does with google services currently. cory: why haven't they introduced themselves? kirt: like with the google maps and other core services, we want to make that open for signal system services, so that they can use this device in ways that

only native application can be used. cory: i don't really get it. there are different flavors of androids already. your business is fundamentally different in what way? kirt: fundamentally, this notion of opening up android. giving other service writers the same access to the desk service providers obtain access to the lower level services that only android and apple get. there are certain things that they hold back. cory: how do you get paid? kirt: we get page or any moment you a deal with or an integration. if we do a search or an app deal, we are making money. cory: and you expect people who are paying you, they are going to want to operate in your operating system yet or they will want to use you to make their services the best? will they be developing on top of your platform?

or i should say, physically for your platform. kirt: we are completely compatible with regular android so there are not a lot of changes that have to be made with our flavor. however, the access we give these guys is such that somebody like a facebook am instead of having to build a facebook phone, they can work with us to get the same level of interoperability as if they had their own os. cory: oh very interesting. do you expect that we will see the really tailored software experiences around a certain act or business -- app or business that dominate on a certain phone or hardware? kirt: we do not expect anyone to launch any version of android with certain services. that is just another closed version of android. we want to allow these people to have an open platform so that users who want to use a specific set of services can choose those

as their default services. cory: a more specific example if they want to use uber on the facebook phone, something like that? kirt: yeah, if they want to use a map service other than google maps. it is integrated with google maps, but it also integrates other related services. look at amazon, for instance. they created their own maps platform. we can enable multiple people to choose the services they want to use and mix and match them to be the default. cory: it seems like the main purpose of android for the company google, and it is google incorporated, right, is to give mobile users directed toward the google services that they get paid. that is why they give it away. the notion that you will intermediate that, i can imagine they are not so thrilled about. kirt: they are not, but google

supports a noncompetitive platform today, which is ios. and the reason is because it has hundreds of millions of users. we think that over time, google will continue to support cyanogen. and as they go -- grow to 5 billion in the next five years there will be room in the android space. cory: interesting. thank you very much. "bloomberg west" will be right back. ♪

cory: i'm cory johnson this is "bloomberg west." breaking news from lausanne switzerland. you can see them walking to the podium right now. they are talking about a deal with iran and enriched uranium that could be used to build

upon. indira is the bloomberg news reporter in the room right now. what is going on right now? indira: we are literally looking at the six foreign ministers from the world powers. they are standing from -- on stage for pictures. we have already gotten information from some of the different delegations about what some of the details are. they have declared victory. they said they have gotten the outline for what they will work on for the next three months to limit iran's nuclear and schmidt and nuclear -- enrichment and nuclear activities in exchange for sanctions relief and economic penalties. cory: yeah, a huge deal, and a huge success. i think we see a lot of feelings of success there. they look pretty please. what an epic session in double overtime, if you will. indira: absolutely. s&s soon as they start talking i

will have to hang up. but they -- as soon as they start talking i will have to hang up. they will be telling us the details. thanks a lot. cory: and he we go. thank you, indira. we will hear from that any second now. take a listen. that is fred rego mulvaney. >> in the joint statement that we have agreed on with the foreign minister and all the others that have been negotiating. we, the european union, our representatives and foreign ministers of the islamic republic of iran together with the ministers of china, france,

germany, russian federation, the united kingdom, and the united states, met from march 26 to april 2, 2015 in switzerland. as agreed in november, 2013, we gather here to find solutions to reach a solution that will ensure this exclusively peaceful nature of the nuclear program in iran, and the lifting of all sanctions. today, we have taken a decisive step. we have reached solutions on key parameters of a joint comprehensive plan of action. the political determination, the goodwill, and hard work of all parties made it possible. and let us thank all delegations for their tireless dedication. this is a crucial decision laying the agreed basis for the final text of the joint

conference of plan of action. we can now restart drafting the text analysis of the joint conference of plan of action guided by these solutions developed in this space. as iran faces a nuclear enrichment program, the stockpile will be limited for specific durations, and there will be no other enrichment facility. iran's research and development on centrifuges will be carried out on the scope and schedule that has been a mutually agreed. photo will be converted at the technology center. international collaboration will be encouraged in agreed areas of research. there will not be any fissile

material. in the joint venture, we will assist iran in redesigning and rebuilding heavywater research reactor that will not produce weapons grade plutonium. a set of measures has been agreed to to monitor the provisions, including the implementation of the modified code 3.1, and provisional application of the protocol. the international atomic energy agency will be permitted the use of technologies and enhance access through agreed procedures including past and present issues. iran will take part in international cooperation in the field of civilian nuclear energy, which can include supply of power and research reactors.

another important area of cooperation will be in the field of nuclear safety and security. the european union will permeate the implantation of all nuclear related economic and financial sanctions. and the united states will seize the application of all nuclear related economic and financial sanctions simultaneously with the iaea verification of iran's nuclear commitments. the new u.n. nuclear resolution will endorse that the jcp oh terminate all previous resolutions and incorporate further measures for a mutually agreed timeframe. we will now work to write a joint plan of action including detail in the coming weeks and months at the political and

expert level. we are committed to completing by june 30. we would like to thank the swiss government for its generous support in hosting this negotiation. and on behalf of me personally and everybody, we thank all of the media around the world for having followed our work and somehow also having worked with us over this difficult, but intense and positive week. thank you. >> good evening to all of you. let me also join in thanking both the swiss government and the distinguished members of the press and media for actually trying to work with us over the last several weeks, and trying to help us in getting the world to know what was going on. as our tradition has been, i

will read the same statement that m mrs.ogherini read out to you in farsi. you do not need an interpretation. it will be the same statement. [speaking farsi]

[speaking farsi]

[speaking farsi] cory: i'm talking to her cook at the white house. we have a response from israel already. peter: that's right, we've already heard criticism from benjamin netanyahu, and not a total surprise. he of course, has been critical

of these negotiations and the emerging agreement when he came to speak before the joint session of congress. he has been critical in the past few days, eking yesterday alongside house speaker john boehner -- speaking yesterday alongside housekeeper john boehner on his trip to the middle east. not a huge surprise, and one of the top -- toughest jobs of all for this administration will be the israeli prime minister. he may not be convinced that this is a deal that israel can be -- can deal with. could israel on its own take action to address what it believes to be legitimate concerns about iranian nuclear capabilities going forward? one of the many tricky issues for the president and for john kerry to negotiate in the coming days. and this criticism from benjamin netanyahu not an active, but clearly a major issue going forward. cory: is a military response

from israel off the table? peter: the israelis have not left any options off the table at this point. that will be one of the questions going forward. exactly how benjamin netanyahu still feels, and what extent can the united states reassure him privately as the details of this agreement emerge that, in fact this is in the united states and israel national security interests as well. the israelis have been very clear that they will assess this agreement on their own terms and not necessarily buy into what they are hearing from the united states. cory: i also want to look at the reaction in the markets. iran, one of the biggest reducers of oil, has been for been from selling in the open market. the notion of the sanctions changing on july 1, is a big deal. let's go to julie hyman looking at the oil market. julie is not good right now.

let's talk about what is going on right here. we've already heard from the eu as well as the foreign minister of iran. let's summarize what we've just heard. fundamentally, they will find new ways to put to use the uranium they have including a development center there in iran. and they will hammer out the details of a final agreement over the worst of the next three months with the expectation of a deadline june 30. fundamentally the broad outlines of an agreement, to limit the capacity of enriched nuclear materials, the uranium has been reached there in switzerland. we have iran agreeing to limit production of the same time that the eu and the world powers have agreed to lift sanctions. the lifting of those sanctions will not take place until july 1. there is a lot of work to be done yet.

double overnight negotiating sessions that one into the wee hours, but an agreement has been reached. now julie hyman is with us with a look at the oil markets and the world markets as well. julie: we have seen oil extended losses. we've seen volatility, both up and down, perhaps investors and traders assessing what you were just talking about, what will be the lack time before we actually see some more supply potentially come to market. right now, we are seeing oil near 80% the klein -- near a 2% decline. we are seeing both brent and west texas intermediate fall here. the trend we seeing more recently with oil prices have been a little bit of a rebound. now, seeing this pullback, as we know the supply-demand dynamic on oil is precarious, if you will. if there is going to be any more significant supply coming online, one would expect it

would have more of a negative impact on oil prices. cory: thank you very much. peter cook has breaking news about this. peter: we will hear from president obama at 2:15 p.m. eastern time from the rose garden at the white house. he had been scheduled to leave for louisville, kentucky for a trip about the economy. that is on hold at the moment. the news that this potentially landmark agreement with iran moving forward, arguably the signature foreign-policy achievement of this presidency. the president will talk about this at 2:15 p.m. eastern time and start to put this agreement in context, what were still needs be done, and the sales job ahead on capitol hill and across the country, and around the world, for that matter, as this moves forward. cory: and while we have the broad strokes, we don't have all the details. it sounds like they were not able to hash it all out. i want to thank you for your

time, as well as julie hyman for the big market update. we will continue coverage here on bloomberg's -- bluebird television and including the presidential address -- bloomberg television, including the potential address and about 20 minutes. some of the details are not hammered out here, but we don't know this is a fix of what was not agreed to. my farsi is not so good, but the english reading from the eu foreign minister explained that there are, in fact some things that have to be worked out before we have a final deal. perhaps, that is why we have the sanctions continuing for the remainder of this second quarter, which we just entered into yesterday. let's bring in david wright from boston. he is an expert on this issue, very specifically the study of the enrichment of uranium. david it seems like iran will lift the sanctions, but the enrichment of the uranium is a big deal there. is there any suggestion that

they will bring in more centrifuges, but have to limit the output from the centrifuges in iran? david: it is a little unclear from what i've heard so far. it does say that they are limiting the centrifuges to one site, which i think is good. one of the big questions that i did not hear them talk about is what they will do with the existing stock of enriched uranium. one of the things you would like to do is get uranium that has been partially enriched out of the country, because if you use that to feed into the enrichment process a second time, then it is easier to enrich to higher levels. as far as i can tell, that is something that came up in the newspapers a couple of days ago, and iran was backing away from the idea of shipping it out of the country. i did not hear that talked about. my guess is, that is still an issue on the table. cory: we were talking to morrison berkeley a little earlier and he was saying just that. they have far more uranium than they have need for, in terms of the power that they can use in the existing reactor. david: and i think people will

be looking at those kinds of issues as a sign of whether or not iran is really serious about abiding by this agreement. the devil really is the details. in principle, an agreement like this can certainly work. if the idea is to try to have some agreed to limits and then an intrusive inspection regime that is agreed to, then that is the basis of the nonproliferation treaty. and there is a lot of experience with international expansions -- inspections around the world with different countries. will that work and you get the access that you want to do the inspections? the thought is that we simply need to see. if iran has come this far, and if they can get through the rest of these details, then there is some hope that that, in fact could be a solution. cory: we shall see. god is come course -- of course it in the details, as

well as the devils. david thank you. we will continue to cover these issues on bloomberg television. we will have the president address in 15 minutes. "bloomberg west" will be back on monday. >> from bloomberg world headquarters in new york, i am mark crumpton. this is "bottom line," the intersection of economics and business with a main street perspective. we have full coverage of the stocks making headlines today. we look at how ceos are taking a stand on political and social issues. we begin with peter cook. he is at the white house with more on the obama

administr