carol: welcome to "bloomberg businessweek." i am carol massar. oliver: i am oliver renick. carol: the long shadow that may follow president-elect trump for treasury sector. oliver: all that ahead on "bloomberg businessweek." ♪ carol: we are with megan murphy.

editor-in-chief, you guys take a look at energy, looking at the social cost of carbon, something the obama administration had come up with. megan: this story is pegged off of looking at donald trump's. he has put a lot of climate skeptics into the. we looked at how they pegged the social cost of carbon, originally set at 24,000 per metric ton and has increased over time. we are tracing the development of that. what they wanted was an economic estimate of the cost of climate change to society. and whatould peg that people are questioning now is what can donald trump's administration do if they are going to advance policies that would roll back this clean power. what could they actually do? this number is one that many economists on both sides see as arbitrary, difficult to pay, and something he would not be able to undo, but still underpinning.

oliver: another big pick is rex tillerson for secretary of state. in the politics section, his relationship with russia. tell us about that. megan: russia has dominated the news cycle since donald trump got elected because there has been so much about whether russia influenced the electoral outcome. the cia said they do expect russia was actively trying to influence the elections. pick's ties to russia will be under close scrutiny. rex tillerson is a fascinating choice as secretary of state. his ties to russia go back some time. he was awarded a friendship medal from vladimir putin. they have the deal to explore in the arctic. ableing that has not been

to manifest itself because of russia that is worth many billions of dollars if the sanctions are relaxed and they are allowed to deal. they have a joint partnership with rosneft. we've had republican senators, marco rubio, lindsey graham, john mccain coming out strongly and saying i'm not sure we want somebody as secretary of state who has and braced vladimir embraced vladimir putin. donald trump has been incredibly consistent about appointing people to his cabinet who he thinks have executive level experience. that is something that makes people in washington very uncomfortable. rex tillerson is going to be under heavy scrutiny. carol: another member of donald trump's team, steven mnuchin. president-elect donald trump has lauded him as a great businessman.

megan: we do take a look at that. we look at his relationship with a branch of a bank that he was involved with that was very heavy into something called reverse mortgages, which people will be familiar with. they allow you to get cash out of your home, mostly targeted towards elderly people who are sort of ending the term of their mortgage and want to release the equity in it. it is a product long thought of to disproportionately target elderly people. it is something that has come under close scrutiny. "dodgy."se the word this is a part of his financial history that i expect to get a lot of scrutiny as well. mostly because steven mnuchin, former goldman sachs partner, but this is something that way theyoeple in a

know and can relate to. when you think about your mother and father being exploited, that's going to be interesting to see how that plays out. oliver: we talked about it. >> the last job before working for the trump campaign, he spent six years running the spanking -- running this bank in california. the bank was a complete disaster. it collapsed and had been taken over by the government in 2008. it was called indymac, founded by the same guy who ran countrywide. just had auntrywide, terrible record of making loans that put it in, got it in trouble during the housing collapse. steven mnuchin came along in 2009 with a group of billionaire investors, rounded up this group of investors and put $1.6 billion in to buy this thing.

george soros, his old employer, john paulson, who made a fortune shorting the housing market. michael dell was putting money behind this, and a bunch of old friends from goldman sachs. they got together and bought this company out of bankruptcy almost, out of fdic control, and turned it around, and it was a staggeringly successful investment for the investors. they made a fortune. oliver: there is a catch now. carol: he sold it, right? >> he sold it to his former colleague. so it looked like a big success, and from a financial perspective from the investors, it deftly was. it was a fantastic investment for them. oliver: but as they started going to the numbers, what started to crop up here? what is at the crux of your story? >> just within a few weeks of

closing the purchase and owning this bank, they started realizing that there were problems. they got subpoenas from the u.s. department of housing and urban development investigating their reverse mortgage business, which was just a small part of the bank that steven mnuchin had sold them. when they started looking into this, they start to realize the books were a mess. they had no idea how much money they had to set aside for various problems, and eventually they had to set aside $230 million more than they had thought. surprise,kind of a unpleasant surprise. carol: the auditors found an "material weakness" at the unit doing those reverse mortgages. the reason you do this story is because president-elect donald trump has put out steven mnuchin as his nomination as treasury secretary and lauded him as a good businessman, so you're looking at one of his business ventures that was not so great

and did not have such great oversight. >> right, to be clear, from steven mnuchin's perspective and his co-investors, it was fantastic. carol: they made money. >> we estimate he took something like $380 million out. steven mnuchin has a long career with a lot of success in it. he financed avatar, worked for 17 years that goldman sachs, where he was a partner in part of the management committee, but this is something, his last real job left a blemish on his record that was only really discovered after it was sold. oliver: up next, how the trump administration -- by many in rural america. carol: we will take about a new approach that workers and companies are taking to retirement. ♪

♪ carol: welcome back to "bloomberg businessweek." i am carol massar. oliver: i am oliver renick. the single biggest program impacted by trade is social security disability insurance. carol: that could change under the trump administration. our reporter traveled to one of regions inlnerable the country. >> if you pay into the social security fund, you have access to a trust fund for disability insurance, which means if you become sick or injured on the job or not and you are no longer able to complete work, then you are eligible for a monthly subsidy. this program has been in place since 1956. in the last 20 years or so it has grown from 2.5% of working adults to 5.2% of working adults. that is a national number. when you look at the regions where this is most prevalent, then you get a better sense of what is going on, which is for a number of different reasons,

they seem to be most relevant -- most prevalent in areas without a lot of economic opportunities. disability should not go hand in glove with unemployment. you get sick or you down. you get injured or you don't. but what we are discovering is that a lot of people who would otherwise be eligible for this program but don't apply for it when jobs go away, do apply for it. carol: people will open up the magazine and see a map of the united states. walk us through a little bit. you highlight certain areas of the country. >> that map shows what some disabilitycall the belt, the appalachians, mississippi delta, and a spot between the borders of arkansas and missouri, northeast in arkansas and southeastern missouri, so these are rural areas, areas where the work that was there, it tended to be economically depressed areas.

you can look at national trends, and i talked to the chief actuary for the social security administration, and they said there is a good case nationally that demographics is driving this growth. women have entered the work force and are now eligible for disability, so they can apply for it and draw down from that fund. workers are getting older, so not just retiring workers, but the tail end of the baby boom, in its 50's, but still able to, but not able to work because the older you get, the more likely you are to have an injury and be unable to work. the social security administration says mostly demographics. the problem is, you look at that map and say, i don't see demographics. i see lack of economic opportunity. carol: as you look at this map,

you look at different counties. in virginia,ty dickinson county as well. you guys highlight that the county is 95% white. in dickinson county, 98% white. what was the point here? >> i think the politics of this are pretty tough. when we look at programs, they are blind, but when we talk about welfare, aid to needy families, it tends to be race-based. when we describe barack obama as the welfare president, it is a coded word for race. what is interesting about the disability program is that it is most prevalent in white areas. it is very much a rural program, and there is a fine line between saying people are applying for jobs because it no economic opportunity anymore and people are applying for jobs because health outcomes tend to be poor in these areas. because the work that was their tended to be very physical, so the point of pointing out the ethnicities of those counties is to say that when we talk about government programs, there tends

to be a racial component, even if we are not bringing it out in the open. carol: shifting gears, a new and gradual approach to retirement. >> it's called phased retirement. it means you gear down instead of one day and announcing you are retiring, and then two months later you are completely out. you switch to a part-time reduced schedule, but you are still in the workplace getting used to the idea of retiring. carol: it is a win-win for the

company and the employee, is it not? >> right, many companies have large numbers of baby boomers exiting all at once. they have enormous knowledge, they understand practices, procedures, and they need to teach that to the younger employees, so they need to pass on what they know. oliver: why is this a story right now? gap? sort of a >> absolutely. you have baby boomers hitting 65 every day, and will be for the next 16-17 years. people are working more sometimes, but other people want to leave at 63, so you have companies with large number of boomers all exiting at once. one is steelcase, a big furniture manufacturer in grand rapids. they have a plant that makes

desks and filing cabinets. they will lose one quarter of their workers over the next 3-5 years. carol: you talk about one person who has worked at this company for a long time. >> yes. carol: walk us through kind of how they worked it out. >> he is a principle of electrician, one of their best electricians. he is hitting 65 in february. they did not want to lose him. he sat down and talked to his boss and initially wanted to go on a reduced work schedule where he would have thursday off and friday, and his boss said that is not going to go because those are our busiest days of this plant, and often the equipment is being repaired on saturday, and that is what he does. they worked it out and he is now taking off mondays. he has gone from six days a week to 30 hours a week. oliver: is it all a smooth transition in his experience? are there any kinds of speed bumps? >> there is adjustment on

everybody's part. bosses have to get used to flexible schedules, but also the people that were doing this are used to being in charge, and they have to step down and let go. one of the people i talked to, he is only working one day a week on a very specific project. he really took care to leave his office and say i don't need my office anymore. this office goes to my successor, and i now have to sit in a cubicle now. now. u

♪ oliver: welcome to "bloomberg businessweek." i'm oliver renick.

carol: and i'm carol massar. you can also listen to us on the radio. and in london and asia on the radio plus app. area. 960 in the bay industries section, volkswagen's emissions scandal leads to a reboot of the corporate culture. you chose to start your story with an anecdote that took place several years ago in a gaudy setting, paints a picture of what volkswagen used to be like. tell us why you chose to start with that kind of imagery.

christoph: yes, the new management that has been put in charge to steer the company through what is effectively the deepest crisis and the company's history is trying to more than resolve the scandal or fix the cars. they are also trying to turn the company at the moment, rein in excessive spending compared to the other automakers, and they are trying to turn and make the company leaner and more flexible, because the auto industry is facing age or shift towards electric vehicles with features like autonomous driving, so that is a pretty long, comprehensive list of things they need to address, while at the same time trying to digest the financial hit. carol: talk about some of the crazy things going on at the company. they jumped out at me when i read it. company's culture,

you talk about a garden center where employees can order flowers. there is an in-house butcher, four caterers at the company. i guess none of us realize the excessive nature of volkswagen. >> we have been keeping pretty much everything they do and related services in-house. almost all other car manufacturers have been outsourcing services like that, but volkswagen has always resisted that, part of the role the labor unions play. for historical reasons and also there is a vital interest to protect jobs, and that has led to some of the excessive results, if you want to put it like that. were like a sausage factory, a flower service, a postal service is still run from the company itself. carol: one stat, volkswagen employs 80% more people than toyota to produce roughly the

same number of vehicles. so it sounds like there is an excessive headcount there. >> yeah, they're totally is. i mean, volkswagen worldwide employees about 620,000 people, 121 factories, more than any other automaker. the key reason behind this is because all sorts of different parts and components in-house, manufactured there whereas other companies have outsourced the manufacturing of parts and components that are not critical to the individual brand. to external suppliers who can produce these items at lower costs than the manufacturer in itself and that is something the company is currently trying to resolve by sort of bundling the component operation into one big organization, but there needs to be something to get the cost down. carroll: speaking of reboots and

remodels, the troubled story of the american dream mall in new jersey. >> construction is underway. it has been stalled for a while. financing is still not entirely in place. it will take billions more to finish. it has already taken $2 billion to get to where we are now. where people in new jersey know where we are. the opening date is autumn 2018. carroll: take a step back because it sounds like third time is a charm. this is the third developer trying to get this mega-retail entertainment complex in the meadowlands. this is supposed to be a huge development, but had a lot of problems. >> it started in 2004. it was called xanadu. a really long time ago. yes, it was called xanadu. it was meant to be shopping and entertainment. the big feature was an indoor ski slope which you can see from the turnpike, not complete, but you can see the frame for it.

that was kind of the main feature, then the group that was developing it ran into financial trouble and walked away from the project. another developer came in and ran into the recession and had to walk away from the project, and then there it sat. ski slope, kind of a hulk of a structure in the meadowlands with hundreds of millions of cars driving by every year, but no one could finance it. then finally governor chris christie, who probably if you live in new jersey, you know he once called it the ugliest building in new jersey, maybe america, but when he came into office, he looked at it in and said, you know what, these

developers have already put $2 billion into this. if we can get it going, we can create a lot of jobs. there are promises of take economic benefits to the region. it is a good location, right outside new york city, convenient, and there is a train link that goes to the stadium. i mean not direct, but it will go to the stadium. one of these days. it goes there on game days. it seemed like a good idea to try and revive it, so they brought in a third developer, triple five based in canada owned by a family who also runs a little shopping center you might've heard of -- mall of america and the west edmonton mall. which is in their hometown. so, they have been working on this project since 2011. they have greatly expanded what was already huge to include an amusement park, a water park, and they are redoing the inside and adding all kinds of things. carol: up next, the challenge of preventing tainted seafood from

washing up in american supermarkets. oliver: that is next on bloomberg businessweek. ♪

♪ oliver: welcome to "bloomberg businessweek." i'm oliver renick. carol: and i'm carol massar. oliver: if you ever bought our work on a cruise ship, prepare to get seasick. carol: and tainted seafood. what's behind it and what is being done about it? ♪ oliver: another must-read. courseweeks magazine, of the cover story titled "bad shrimp." it caught me by surprise.

i am just curious, when you were going through this what was the first thing that pops out at you? i mean, how big a deal is this? megan: i mean, the first thing that pops up is the context we are talking about is china and where we are going in the global economy. just the chain it goes through and the problems and what is getting into the food supply. it really presents a tale of an economy that is rapidly transforming and the regulatory environment that leaves a lot to be desired. carol: here we have the u.s. regulators putting sanctions on chinese shrimp and they found ways to get around it. and they continue to do so. >> absolutely, and it really traces through that. i don't know if you would call them loopholes, but the way they

have evaded scrutiny. not from intentional malfeasance but the very fact of wanting to get stuff done, and how one supplier is making sure that there fishing, that they can sort of have a robust environment but what happens because of that and the contrary effect is that it seeks in and you don't know what is happening and what is happening in the life beds and where these things are living and breathing. and the effect of having a superbug possibility. it is a concern. .t almost reads like a movie it reads very much like that, something that seems relatively innocuous but because of lack of oversight, desire for higher-margin, higher profit and just frankly, carelessness in terms of parts of the world that have very different standards than we would expect in sort of europe or the u.s.

oliver: i am glad you brought it to this topic of globalization. let's talk about sort of the science about what is happening because basically there is this sort of ecosystem that is getting polluted and not in the way we think about it. this antibiotics working its way through the system, building up in the food we eat. >> that is the thing. it is a story about how something is designed to be good and in the ecosystem can manifest itself in ways we don't have a structure in place to deal with it. it sort of morris and develops. ofwe this -- it sort andhs and develops weeds it's way it. we uncovered this tale of how this is filtering its way in the

u.s. and other countries and a way that people did not think it could happen. but the imagery of this story, pigs next to discarded medicine and discarded antibiotics, and people shoveling excrement from animals into the same part of that ecosystem where shrimp and other wildlife is living and breathing. it is a fascinating tale. oliver: it is so true, when i was reading it, i was picturing one of these diagrams from middle school. [laughter] the aero is going from there to here. it is not pleasant when you are reading it. carol: when you start to introduce antibiotics and of the equation. we are starting to be much more sensitive about the increase use antibiotics and how it is creating superbugs. >> when you talk about globalization and we are seeing it being played out in the western world -- regulators move at different speeds and economies are moving a very difference beads and then we'll take the advantage or they can in terms of exploiting regulatory arbitrage.

and i think this story, too, is about that where we have the end product of the economy, that is where the problems are sort of more emerging on the more developed sign in that will be a tension that plays out in society. it is really accelerating and i think that of the next decade it is going to be the next big thing, where this arbitrage, is their need for some sort of global oversight where you have unpredictable effects of what is actually as we said designed to be a good thing? carol: we talked to the creative director about the cover for this story. >> this story is kind of gross. and so we wanted to run with that theme. it is obviously shrimp

and antibiotics. so we picked a very simple image of two shrimp getting pierced with a needle. carol: that kind of creeps me out. i love the letter that you did. it takes a back to science class. when you did your first dissection. you guys had fun with the lettering. >> that was exactly what we were going for. i went to a very good illustrator and sort of said, can you make this look like little microbes and he did a fantastic job. oliver: you went through a lot of effort to take pictures of the shrimp. >> so, with pictures like this, there are such things as food stylists. so the food stylist job was to lube up the shrimp and make them grocer. look grosser.

carol: up next, the wild, wild west of live streaming. oliver: one developer trying to help the little guy getting a concert ticket without having to pay a scalper. ♪

♪ oliver: welcome back to "bloomberg businessweek." i'm oliver renick. carol: and i'm carol massar. oliver: facebook does it and so does twitter. carol: live streaming. the trend is just starting to take off. oliver: we spoke to a reporter about the pioneering. >> 2016 has been a big year that all of the platforms have been pushing live video capacity. facebook has been into it. twitter, youtube live, amazon with twitch. trying to get all of their users to do livestream.

oliver: that is a big part of it. the corporate element. people who can do their own thing. seems like livestream will be going towards a corporate client. >> livestream launched in 2007, facing well-positioned for the current moment. they sell a bunch of services, hardware, software to anybody who wants to do a livestream and make it look semi professional without hiring full production team. 2016 has been a huge year for this company. carol: run down some of the companies they are working with. is like a who's who of corporate america. >> at this point, they are up to 10,000 paying clients. i was surprised when i went to meet in with them.

everything you can imagine -- churches, make a churches --mega churches, a lot of them are live streaming. radio stations like to livestream with people doing radio. there are big brands. exxon mobil just hire them to do live streaming. tech companies who want to live stream product launches. tesla, spacex, second-tier sports teams and leagues, professional bull riders is one of their clients. just nonprofits, universities who want to get their professors live streaming. anyone doing a conference these days foster have a livestream on the internet. clients, the their world economic forum is using them. oliver: why does the room for them to take this part of the industry when there has been skype around for a long time that pioneered the video chatting and back and forth? how are they able to take this part of the market? >> what they have going for them is you have these huge platforms

like facebook, youtube that are essentially giving away the basic services. you can live stream on facebook for free, skype is free. there are these places were organizations can go to do a livestream, but i think where this company livestream is coming from is you can use those services for free, but if something goes wrong, there will not be anyone on facebook to suddenly answer your questions. if you want to monetize it, good luck how to do it on your own. what they say is for a little bit of money, we will hold your hand and make it look professional and make sure it is reliable. carol: and app call song kick can improve the life see experience. >> the ceo, matt jones is 30 years old from england. a younger sort of upstart. essentially, he was able to start selling tickets directly

sort of to artists over in england. he promoted people like adele when she was unknown. in he had all these relationships and started selling tickets for them. because he had a crowd source, they could sell 20% of their tickets. they had a lot more control over their business and he made like 10%. so what do you do after you conquered england? you come to the u.s. carol: then you meet ticketmaster and live nation. they are a beast and control a lot of the ticket sales. >> they do. even before the merger with live hadon, ticketmaster -- even contacts with 80% of the biggest event venues in the u.s. in england, you know, concert hire and his many as 10

companies can sell tickets. but in the united states government ticketmaster negotiates exclusive deals with all of these places. venues, concert halls. they negotiate the deals with the concert halls. in the u.s., ticketmaster negotiates exclusive deals with all of these places. they keep a tight lock on it. carol: with the venues are artists? >> they conduct deals with the concert halls and that artists sell 80% of their tickets to their fan club members, but they keep a tight lock on that. oliver: who exactly are they disrupting and who is on their side? is it about trying to break agreements that these venues have? getting the artist to come on board? >> in england, when you have multiple ticket sellers, you can disrupt that. the artist can use the cloud and kind of demand a certain percentage of ticket sales. ultimately, that is the strategy here. because you know, increasing -- well, the thing about live nation and ticketmaster is that

they make their money from surcharges. they don't even keep all that money. they kick a lot of that money back to venues. that is where the profit is. that is an important business for them. if songkicktime, wants to disrupt things, they have to break ticketmaster's hold and force ticketmaster to give them more tickets. ticketmaster sees all this and says, we are not giving you anything. you are turning around and selling tickets to the general public. you are just sort of building a little business on our back. carol: up next, how the world's biggest art galleries make their money on cruise ships. oliver: and products to keep you flying in style throughout the holiday season. ♪

♪ carol: welcome back to "bloomberg businessweek." i'm carol massar. oliver: and i'm oliver renick.

you can catch us on the radio at sirius xm channel 119 and also on a.m. 11 30 it in new york and boston, 91 in washington and am 92.60 in london. in the features section, one art gallery has carved out a very successful business selling its art on cruise ships. carol: but are the passengers getting a good deal? we talk to a reporter. >> on all the major crews lines, there is one company called park west gallery based outside of detroit which says it is the biggest art gallery in the world, and it does it sells -- sales aboard cruise ships. over 100 cruise ships aroma

-- on over 100 cruise ships all thousands ofd, auctions- thousands of every year and has a niche in our market and the crew's business. i was intrigued to see how that worked, especially sense there had been a long history of complaints about these options. carol: you have to tell us what this process is like? tell us what you saw and how they conducted it. >> the complaints had been they were promising people investment and returns on their artwork. they were saying they were getting great bargains and that people were coming ashore and saying they could not sell it for as much as they bought it. i went on as a passenger to attend auctions and see what would happen with these controversies in mind. what was interesting, event after event, they passed around the champagne and would butter up everyone and get a good going at hand and every one of these auctions, they were saying the retail value is $4000

but we will start the bidding at $3000. and, 122 no if people were getting a good deal. and after a series of lawsuits, park west gallery changed its ways. my thought was it was a mixed bag. oliver: give us an idea of what type of pieces that people are buying. are they recognized names? what kind of stuff are they selling? >> i mean, it is a full range of stuff. you can buy a piece of art for $50. you can buy something for $15,000. the bulk of it is artist like and thomas kincaid, who is very popular in the u.s., and people who you may not have heard of, but part of this stable of artists of park west. i felt something that i liked.

they had mark chagall's, they had, you know, rinse. these are numbered prints worth tens of thousands and some cases. so a few range of stuff. at the bulk of what i saw them selling was in the few thousand dollar range. some people you heard of, some people you have not. the interesting thing is that they said that they could not predict the future. again and again they said that. that was one of the inks people complained about a these lawsuits that happened, that clearly they had cleaned up. on the other hand, there was a question did people know what they were buying? this is where even i was unsure of at first what there was. walking around the gallery, they had kincaid with splotches of paint on them. peter max where you can see the brush strokes on it. there was a mix. one-offessarily-

paintings but something mass-produced and touched up to be one-of-a-kind. carol: what is interesting is maybe what you see on the cruise ship as a consumer or someone who ends up betting on a piece of work, you don't necessarily get that piece of work you see on the ship? >> right. and this is was on the passengers were confused about. i bid on that day up there, saw it, bought it, pick out the frame and we will send you another version from our florida warehouse. it was there in the fine print. i could see it when i read the terms and conditions. but there was one guy and a new york yankees t-shirt that thought he bought a painting on canvas, but ended up buying something on an inkjet printer. something that was reproduce. they do a series of hundreds of not thousands of the same pictures and call it part of a limited edition series. it was not always clear to the passengers.

oliver: staying on travel, let's talk about travel gadgets. carol: sam tested for products that may help with your flying over the holiday season. sam: we could start with maybe the product i was most impressed by which were the bose headphones. they have been making noise reducing headphones for some time. these are new and has some interesting new features. they are wireless and noise reducing. they are in-me here. in-ear earbuds which i think are preferable. >> how do you block out noise using a bud? sam: the bose headphones were quiet controlled and they use opposite phase soundwaves to counsel out background noise. that thrumming of an airplane. you know, it generates a certain frequency. hese have a microphone that

hear that frequency and generate the opposite frequency, canceling it out. carol: i love my bose headphones. did you like them? sam: i think they worked very well. they are a lot smaller. carol: you have to tell me about the scooter luggage, which looks fun to see you on. sam: i cannot say it was necessarily fun to use. this company micro makes scooters and decided, hey, what if we attached a carry-on bag, a traditional, hard side carry on back to a scooter? the scooter portion can flip up into the back of the bag when not needed. the telescoping handle can come up and down like a traditional rolling cart and you could write -- ride this thing around the airport because as you know, sometimes the distance because it can be almost a mile. i am talking about terminal one

in london where you just keep going and you say, ok i am in london now. carol: they look small. sam: it is a small bag, it is a heavy bag. you do get some really funny looks from people and the airport. carol: you have to talk about the carry-on cocktail kit. that sounds kind of fun and then you will need these sleet max -- afterwards, after you have had your cocktail. a small company designed sardineted these little can-sized kits with all of the mixers you would need to create a proper cocktail on an airplane. the only thing you need to get from the cart is the liquor. but this is all tsa approved, very small amounts. if you want to make an old-fashioned or a bloody mary, you just get the appropriate liquor, the vodka, the scotch from the flight attendant, and you open up this kit and it has everything you need. in the case of the bloody mary mix, it comes with tiny little

pickles sealed in a plastic envelope. carol: did you sample it? i know you are a journalist! sam: i sure did, are you kidding me? i'm a journalist. that is my job. carol: to me about the deep rest mask. sam: some people think about the mask, what could there be -- the people think about sleep masks. it feels like a claw around your head. the thing you want in a sleep paddingyou want some around the perimeter of your eye. it causes the rest of the eye mask to rest above your eyelids not on them. and that has several effects. first of all, it means you can blink. and second of all, if you are wearing eye makeup and both of you might be doing that depending on the shoot, it does not mess anything like that up. this one completely blocks out all light.

very inexpensive and comfortable. you can wear it off-flight. carol: "bloomberg businessweek" is available on newsstands now. oliver: did you have a favorite? carol: i like the cover story on the bad shrimp. so much bad shrimp coming in from asia, china specifically. it talks about the overuse of antibiotics getting into the seafood. we don't want to see that because it is creating a superbug that is creating more and more deaths every year, if you will. it takes down into the details and tracks the progress of shrimp coming in from china into the united states. oliver: very interesting. carol: favorite story? oliver: probably the american dream mall in new jersey because as new yorkers, some of us have driven past it and it is not going anywhere. it is called the american dream. it is just really at a standstill. and the family behind it, it was investigative reporting,

because they are very shrouded. more bloomberg television starts right now. ♪

♪ emily: i am emily chang. and this is the "best of bloomberg technology." where we bring you all of the top interviews from the week in tech. coming up, they are among donald trump's most outspoken critics. big tech leaders came face-to-face with the president elect this week. we have the takeaways from the trump tech summit. plus, yahoo! out with a new numbers saying it second hack affected over a billion users in what does it mean for the 2013. verizon deal?