♪ >> coming up on "bloomberg best," the stories that shaped the weekend business around the world. toitics from paris washington with new faces entering the spotlight and familiar figures leaving the stage. >> he has to govern me to the right. >> key to philly has pushed -- he definitely has pushed the softer line. >> different times for different reasons, people asked for an fbi director and they will get one. >> traders look ahead to gauge what is on the horizon. >> i am wd out european banks. worried about

european banks. >> i am looking at the source of where the next crisis will come from. >> the earnings debate continues and top executives respond. espn isessimism about highly exaggerated. >> the strategies we announced is the right thing to do. >> i must say, we are optimistic. >> it is all straight ahead on "bloomberg best." ♪ juliette: hello, i am julia saly . this is "bloomberg best." dominated thes early part of this week, starting with france's presidential push on sunday. polls are now closed in

france. it looks like we have a macron win. a doubt think it is likely 65% vote for mr. macron. we will see the number confirmed as he worked through the night good -- as we work through the night. how long will it be before i can buy eurobond? >> it is one of the cornerstones of the program is to give europe its own budget. it is a step in the right direction. macron has pledged the united kingdom's victory over marine le pen. >> i would like to say a few

words for those who vote for madame le pen. their anger,ressed disarray, and their belief, and i respect those as well. but i will do everything i can in the next five years to see that these people no longer have any reasons to vote for extreme ideas. >> it is a positive outlook for markets and cannot discount them, but they need to be able to do the reforms -- but he needs to be able to do the reforms, but there is uncertainty about that. when you look at trump in the u.s. t full extent of macron's victory, it does not matter. if he grabs a hold of this and plows ahead, it is not unusual for people to win very narrow victories. he can claim that she claimed

62% of the vote. yesterday of an amy to the right. to govern mainly to e right. make francent to more business-friendly and introduce more productivity. that means taking on the unions. underway under south korea -- voting is underway in south koa ter a scandal. itwing worries about unpredictable neighbor to the north. tell us about expectations of the day. >> presidential candidates have already started building. about an hour ago, we had the leading candidate cast his vote here. you can see behind me, people are lining up to get their ance to cast a vote, but given this is such an appeal on president vote after the , therar ouster

questions about what will happen next. the national election commission says the turnout rate will be around 80%. a record 26% of eligible voters have already finished early voting. >> south korea is electing a new president. poised to take power in the nine years of conservative rules according to exit pos. >> his parents are actually korean refugees. he s finite pushed a softer line toward north korea. a lot of folks anticipating perhaps some easing of tensions. trump latet donald yesterday shot just about every when he abruptly fired fbi chief james comey. did anyone expect this? >> no one expected this. republicanh several political advisers to the president and senior aides on capitol hill, and all of them

are pointing to the ti that this decision to fire director comey well lead to more in anyon in washito momentum they hoped to seize on passing health care reform. >> the president defendedis decision on twitter saying that he lost the confidence of most on washington. >> absolutely laughable. has been happy with his performance, and i think, the clinton investigation was politicized. it is time to take a new direction with the fbi and the president has made a wise decision. >> the timing raises questions because of the anna faris part of the -- because o the interference part of russia in our election. a new fbiasked for director, and now they will get one. >> had he done this at the

outset, it would not have been surprising because james comey is a controversial figure, and did have detractors when he moved forward with this investigation. and then to fire him now -- it is catastrophic and baffling. sat down andarney unknown. it is decision day for the bank of england. 7-1 vote. the u.k. many tighter policy for the yield curve. get on it, get on it -- the message to the markets this morning. >> the bank of england raising its inflation forecast to 2.7%, cutting it gdp forecast. >> they said they predicated this forecast on a smooth brexit. is there a possibility of a super smooth brexit? >> no, of course not. >> if you look at the last 10

forecast, they have done exactly the same. we did are going to ckp. it will be 4%, back to where it was in 2006. and every time in the last 10, they havberong. every forecast going for, they lower the wage growth forecast. and to get it back to 2%. the whole positive of this forecast rests on this illusion that wages are going to rise. they are not. it is completeonnse that i heard today. >> we have breaking news out of washington. the u.s. and china have reached a sweeping trade deal. >> donald talked about this 100 a period where there was go behind-the-scenes work out a trade deal. they had delivered on this. 10 consensus has been reached on trade issu iluding agricultural issues, energy, market access to financial services, which has been a bugaboo for the united states

for a while, and u.s. beef. there is a glaring omission with the code oh industry. -- with theoaindustry. and also on environmental protections. that was left off the table. when you take a broader step back, it is a reset. >> there will not be one silver bullet that suddenly takes on trade deficit from the $300 billion to zero. >> are you trying it to zo, secretary? >> know, we will get it as far as we can, but the important thing is -- we want to do it by increasing total trade and by increasing the ability of our companies to export. that is the number one objective --that that will create is what will create more jobs here.

juliette: still ahead as the review the week on bloomberg with berkeley's ceo meets shareholders in states with blmberg. they say it president trump wants to break up wall street, she is ready to work with him on legislation. plus a look at quarterly earnings reports. but morofhe week's top business headlines. austerity seems to be over in australia by the ambitious new budget. >> we have a progrowth agenda. juliette: this is bloomberg. ♪

♪ juliette: this is loberg best." i'm juliette saly. let's continue our global tour of the week off the top business stories with a busy day of m&a on monday. >> following months of talks,

the deal of the luxury company fores to buy kate spade $2.4 million -- $2.4 billion helping the company to cope with its sluggish demand. >> they came to the realization that if they are going to keep growing and it cannot at sales with coach, they will have to keep buying other companies. enter and cakes they. >> coach went into footwear recently and it was a head scratching because coach was always offer handbags, but kate spade has been into footwear for a wild. creates to continue to and grow market share. there are not a lot of cost synergies. the idea is to create a conglomerate, but on a much smaller scale. sinclair broadcasting has

confirmed its deals to acquire forunal media for 12.4 -- $12 billion. >> the price may be a surprise were sinclair were hoping to buy in the highhing 30's per share. it is driven by competition and fairly late competition for this asset. fox and blackstone took a look at combining a potential -- took a look at potentially buying tribune. another did and that is company that push the price is higher. >> shares of akzonobel lower today, rejecting a third offer from its u.s. competitor ppg raising --a hostile approach. will they go hostile? >> that is what they are

indicating. they said they have until june 1 to come to the table and negotiate a deal. if they do not do that, then ostile is the way to go. but keep in mind, the dutch market is one of the toughest to get a hostile transaction done in. it will not be easy for them. elliott advisers are petitioning a dutch court to back it fos over fa to negotiate with pbg. with a be ousted are not? >> it does not look like they well. they don't know what good it would do to oust the chairman because they have are backing. --our backing. elliott is unhappy with the company's refusal to engage. you will remember we had three attempts by ppg to get them to the negotiation table, and so

far, they said, we are not interested. they are taking the gloves off and trying to go the hard way going the court route. , we have come as far as we could, trying three times. we have had fruitless negotiations or talks with the other side. this isn't really going anywhere and they could go hostile. very difficult. a lot of hurdles. or they might go away. . very hard to say which way it will go at the moment. >> destroying government pushing ahead with the nationbuilding sticking to a surplus protection that relies heavi on wage growth. take us to the highlights of the budget >> i will give you the headline numbers first. 9. billion. returnmptions about the

on prettyo rely optimistic assumptions about growth. gdp getting to 2.57%. inflation above 2%. an iron ore about $50. >> we have a progrowth agenda focusing on company tax cuts, focusing on better access to key markets. focusing on better infrastructure. everything ties in together. this forecast is prudent and credible and responsible. china's -- weaker commodities took its toll. >> what does this tell us about reflation? you are right. economists suggest they will not

be any big change in terms of bpo see in the moves in the money market. it is a reflation story. there was so much talk about this at the beginning of the year and you had that february number of producer prices close to eight year highs. as you point to the commodity prices, that is the main factor. it has an impact on the deleveraging question because profitability has been helped and boosted by these higher factory prices after coming off those profits. it will make it more difficult for them to pay down theireb so the implications are broad both domestically and internationally. extending its most vital company. they began with a market value of more than $800 billion.

how significant is the psychological milestone? >> it is the first time we have seen a company this big, but let's not forget when ramco comes to market, we will talk about more unfathomable numbers. they could be in about one trillion -- it could be about one trillion. >> what will happen with the iphone eight? >> that is the risk. a lot of the search this year has been about enthusiasm for the iphone 8. we do not know to what extent apple will be able to deliver on those expectations. >> wall street bond traders who have survived years of slumping revenue, those who have survived, on track to receive some of the financial industry's biggest bonus hikes. i know so many guys who have been pushed out, retired, or

fired from bond trading over the last five years. they finally -- are they finally going to get a break? >> apparently. it is quite a reversal of fortune. there is research from a conversation -- from a consultant saying bond traders will be the group of people on wall street that received the biggest bonus hikes this year. crisis was theg envy of all wall street. really, this is quite a remarkable turnaround. --brent has started talks sprint has started talks with merging with verizon. -- t-mobile. how do i think about this if i am a regulator? >> instead of having the

american case, two very strong wireless operators and two -- you could have three big ones that can effectively compete the one another, but current situation has worked from a consumer perspecti. if you look at the international context, most large economies are going om four wireless carriers to three. this is a sensitive subject. everyone knows what they pay for their phone bill. no politician wants to be the one telling consumers ty ll have to pay more. a very trickys situation. ♪

♪ juliette: welcome back to "bloomberg best." i'm juliette saly. with thes annual --

ceo, first public meeting with investors since a whistleblower tenure at risk. erik schatzker sat down. >> since i got here, one of my goals was to be very transparent with regulators. we are partners in trying to avoid the next financial crisis. there is a very constructive dialogue between barclays in the bank of england and the pra dsca. it is very important to us. i respect the repertory framework here. and we will see how this all plays out. erik: if the unthinkable happens, and you are deemed unfit to run barclays, does the bank have a plan, succession plan? >> i got the full support of the board. you saw the shareholder vote da let's let the investigation run its course. erik: have you reevaluated the risk of brexit to barclays with

the heart approach theresa may has taken? withinlevel of dialogue prime minister and with her office and the chancellor, with the regulators, has been really quite something. there is a lot of listening on both sides. we are a british bank. we are here to support the united kingdom. but also, we are the largest underwriter of european sovereign debt. france is very important to us, germany is important to us. we have bankers and sales people all across europe. continuing to engage with europe is important for us. i think, just like having to set up holding companies and the united states, the european union is going to require us to set up structures across europe that make it more robust and more -- and reithin the fo of europe. erik: you know what i am getting at.

does the hardness of brexit determine the impact of a bank like barclays? >> you know, there could be decisions taken that might not be in the best interest of the free flow of capital, but one of if tenants -- you know, there are a couple of things that came out of the financial crisis as a positive, one is the coronation of the g-20. one of the things the g-20 stuck to that we regulate the financial institution. --'s not put of the areas let's not put up barriers to free flow capital. london will remain a very important source of capital for continental europe. erik: relative to some of your peers on the subject, you are an optimist. at least you are constructed. what is the upside to be optimistic. what gives you that degree of do notnce that the

have? >> i am just expressing what i think. a bankw, we have subsidiary in ireland that is part of the european union. 1002 hundred employees sitting in continental europe from elan to paris -- from milan to paris to maturity. there will be uncertainty. financialn in the industry as long as i have, it is amazing how creative it can be. let's do it in a safe and sound way. juliette: more of the week's most interesting conversations coming up on "bloomberg best," including trolls evans, elizabeth warren, and ubs warning axel reyba europe's troubles are far from over. >> there will be a hard exit at

the year -- exit at the end. juliette: this is bloomberg. ♪ . .

♪ >> i think we should encourage the development of the real economy as it is creating real wealth. today, the virtual economy is over growing. the key tenet of the virtual economy is money be getting money. however, now it is actually money out of the pocket of the real economy. it will not help accumulate wealth more will it make profits. its gain is generated from the loss of others. i don't feel this kind of economy is a good thing. >> services industries are growing well, as opposed to the larger manufacturers. china's economy is changing. you recognize that, yes? >> the new economy is the

internet economy. it has created some jobs. but at the same time, it has also brought about unemployment. it has forced a lot of brick-and-mortar retailers to close down. i noticed in the u.s., the retail sales sector has also been affected. i think the internet, e-commerce, is a platform. it provides convenience to consumers. but some of its practices are not right. they are unfair competition. itae, some of those in the industry are burning money in exchange for more traffic. profit worth 100 and eight price of 82 snap up market share. manufacturers were forced into lower quality to stay viable. if they stick to fair competition, i think it is fine. the problem is they have unfair means of competition. juliette: that was the head of china's largest soft drink company in an exclusive interview with his concerns

about the rise of the internet damaging h country's economy. bloomberg also discussed the economic future of europe with several business and financial leaders this week. let's start with the u.b.s. chairman who spoke exclusively with kathleen hays about the impact of political turbulence and european markets. me is bigger concern for not really the immediate future. i think the immediate future will see a rally for the euro and stronger data coming out of europe. i think there is no problem for the rest of this year. we move into the italian election next year. there's a stro ai-european sentiment. there are more problems ahead. the british exit, brexit, is a countdown happening now with problems that will be solved in the 12 hour. there's more volatility ahead over the next year you the last two years at least for europe. that will be rough. >> you were talking about this

earlier. brexit is more than a risk to just the u.k. it is a risk to all of europe that could spill over into the global economy. what is the chance of that? how will that happen? >> markets are not good at pricing binary events. that ulbe a hard brexit. the british government wants to have influence over iigtion, that they are not part of the common market. they want to have trade agreements with the rest of the world. that is the definition of a hard brexit. there is little on the continental european side that will be coming forward to accommodate that british exit. i think there will be a hard exit at the end. that will have very negative repercussions on europe, but the continent and the u.k. and it will spill over continuously in the next two years into market volatility. every speech and election outcome will be priced by the market. there wilbeps and downs and

more concerns. it will emanate volatility into european markets for two years to come. thanks like us have to choos strategies it will make sure we can be of continuous service to our clients throughout europe. >> what was your read on what happened in france over the weekend? do you see that as a domestic story? does that tell you about a larger political influence around the world? do you see that as populism being stopped or centrism winning the day? >> i think centrism winning the day. i thought earlier, le pen could win if she had a strong left-wing candidate against her. i knew as soon as macron won she could not win against a centrist candidate. i don't think it is populism gone away. if you look at the voting, he got 20 million. she got 10 million. 12 million people abstained. if those 12 million had voted,

there is still a large protest foot. votellion people did not for macron. it is quite a significant move i think. like european equities, french equities in particular? >> i like swiss, german equities. the euro being weak really does help germany, as you know. it has the biggest balance of payments surplus in the world. it is a significant advantage for it. >> how about european financials in particular? thanks reported better-than-expected trading results. >> i am still worried about european banks. structurally, i think they are all trying to do the right thing. u.b.s. is probably further ahead than the rest and becoming -- in

becoming a wealth manager. lloyds has done well by becoming a pure u.k. retail bank but they are stl ing hurt by the j.p. morgans and goldmans. they are dominating investment banking globally now. juliette: turning to the u.s. economy. last week, president trump told bloomberg he is actively considering a breakup of giant wall street banks giving a push to the return of the 1933 glass-steagall act. u.s. senatorith elizabeth warren about the possibility of working with president trump to revise the 1933 law. bet.u i am ready. >> how realistic is it? >> i am ready. i already have the bill. i have a bipartisan bill already. icosponsor is john mccain -- have cosponsors. have theree been --

been private conversations between your office and the white house on these measures? that channel yet to the white house, but we are reaching out to the administration generally. >> have they been receptive? >> we have had those conversations. that is what i want to see happen. i am ready. this is one of those basic things. folks on wall street may resist it, but most of the american people get it. there is one kind of banking that is for checking and savings accounts. it really ought to be separated from high risk gambling banking. could compete against the big banks in the circumstances. smaller investment companies wod able to compete more easily against the investment companies. this is one of those walls that would let you have -- laws that would let you have simpler regulations overall.

companies areent doing investme banking, the kind of risk-taking they do, let's evaluate that separately. >> glass-steagall 2.0, a good idea? >> i don't know enough to tell you if it is a good idea or not. i understand why there is an inclination to go there. i think high capital requirements is a good idea. i think creating the balance sheet transparently is a good idea. the next step, i would have to look a lot more of the details of what would berosed. >> are we fighting the last battle? >> i think we are to the extent risk has migrated. the possiblewhere source of the next crisis would come from, it is not the banks. it is the non-banks. >> funny you should say that. oveig, you may comments he said he feels the bank needs the ability to oversee the shadow banking sector. thy are aware of it. the just him have the ability.

-- they just have the ability. >> they are very much behind. risk is n just migrated to nonbanks, it has morphed in the process. if you worry about a market accident, it is more likely to be out of the nonbanks rather than the banks. as always this week, plenty of concern among investors about how the federal reserve sees global trends and risks with policymaking fast approaching. bloomberg caught up with the chicago fed president, charles evans. >> the less time bloomberg caught up with you, you were two rate hikes for 2017. do you still stand by that given the temperance of the data? >> my outlook has not changed that much. the firstg, maybe -- quarter data was weaker than i would have hoped for. we are looking for the second

quarter to make up for that so it averages closer to my 2.25 rate increase. i am mindful of the fact that for many years, we started off thinking growth would be stronger and by the time we were finished it was lower than that. the unemployment rate is at 4.4%. we have had strong employment growth for some time. this ought to support getting ination up to our 2% objective. i think we need to get it to 2%. >> you were clear about that. that is our mandate, along with full employment. the debate around wages. if i look at the wages data, this is a little bit like the cpi data. a little bit of question marks for market. is that money have to the higher land of rates for the fed? >> right. i think normally you would hope wages would be growing in the 3-4% range.

inflation product of 2% with productivity growth, you get 3-4%. we are at 2.5 percent depending on the measure. they say it is difficult to find workers with the skills. you would think that would lead to skills being bid up even more. and yet it has not happened. i'm hopeful it will move up. i think resource slack has been eroded quite a lot. at 4.4%, arguably we are at full employment. ♪

♪ juliette: you are watching "bloomberg best." i am juliette saly. busys been another big -- week of earnings report from companies around the world. we start with disney.

beastlye auty and for entertainment giant disney. they reported better-than-expected earnings per share, one dollar 50, beating estimates. the revenue were a touch short of expectations. the real focus is the network division. that is still a problem. the loss of cable subscribers, content costs. this is a company that spent over $7 billion a year on contracts. >> it looks to me like it is a story of the parks and studios. is that the story? >> it is the story from where i sit for the quarter we just announced. yes. both units were up 20%, 21%. the pessimism about yesterday and is highly exaggerated -- about espn is highly aggerated. it is still a healthy and profitable business, one of our mo pfitable businesses. it is a product in demand. the fact there are still a lot of competition for live sports

rights only points out just how valuable this product is. no one has more of it than espn. snap down more than 20% in after-hours trading. anyway you look at it, revenue, user growt all these numbers missed analyst estimates. which metric is most disappointing? >> i think the user growth is the main thing people are looking at because now does not have -- snap does not have a stable business. this is a very young company. you want to be able to see there's a future. the future is in the growth. the future is and how many people they can add that they can later make money off of. the growth rate is just not what investors were hoping for from this young, hot company that is incredibly popular among young people. >> you take the risk of buying an ipo, you expect one or two quarters where they will do a

good job relative to expectations. the first quarter, they missed on everything. there is not much toikin the story at all. >> softbank gaining at the tokyo open after full-your profits beat analyst estimates. tell us what drove these results. >> it has been a good fiscal year for softbank. they reported a record ¥1.4 trillion in net income for the period ending march 31. softbank haso part of its holdings to alibaba as well as its entire stake in the finished the maker. it also reported more than ¥1 million in operating profit. the did not give a full-year forecast. it has said investors can expect operating profi iexcess of ¥1 million going forward. >> profit will fall for the second year in a row. the first back-to-back decline

since i was two years old in 1994. profit-seeking torching percent prompting this place to take a closer look at investment. >> how much is the u.s. auto industry and demand a big player in how toyota sees its balance sheet? >> it is a big portion of toyota's revenue and earnings. the yen definitely has a role in that. and appreciating and does not help toyota. i think a lot of that has been factored into the stock price to what people are concerned with is, are they able to stick with their outlook for the coming year? they are also forecasting a potential loss. juliette: commerzbank has reported first order that income ahead of all analyst estimates. they said net income was 217 million euros ahead of average

forecasts of 74 million euros. it says it is still speaking -- seeking the ratio at 12% or above. >> i think the basic belief is the strategy we have annoce at the end of last year is the right thing to do. i think q1 with a good start into the year and decent results proves the strategy is on track so far. it obviously is convincing. >> i.a.g. reported first-quarter net income of 1.1 4 billion euros, beating expectations. thanks partly to strengthen the turkish banking division. how optimistic are you going forward? do share the market's optimism? >> we are optimistic. t e same time, it is not so much the market we will be looking at. i look at the amount of clients. ofhas gone from a total

36 million total in terms of clients. if you look at primary clients, it is 9.85. as mentioned, the total amount of loans we made net is $5.7 billion this quarter. we do see client growth on our side. that is really part of following the financial. that wt makes me happy. i am optimistic about that part. whole foods reporting second-quarter earnings in line with estimates. and it looks like the fight back against the investor activist is now in action. what do you make of where it stands in the earnings which the market is reacting positivel to? >> five new chair members, a new chairman of the board. some people leaving. they are accelerating programs. they are doing more cost-cutting. they will change the way they purchase products to centralize operations. that was some positive news. i'm not convinced this means

janus goes away. i think potentially there is more they mighwa. it seems investors are happy with what they are hearing from whole foods. >> we have a dividend raise, a share buyback. all surprising things. they are trying at the very least. >> ey're working with ever core to fend off janus. clearly, they have circled the wagons. they're coming out with a lot of news today. we are on top of this and can turn it around. the c.e.o. saying i'm in control and can do this. i think that is the message from whole foods this afternoon. >> bricks and mortar retail continue to struggle. this time, it is macy's who shares have been falling in the premarket after earnings came out this morning falling short of expectations across the board. on earning renues, and same source --store sales. they said we think for the year we will be able to hold up. how do you square those things? there are significantly on earnings-per-share. >> i think it is puzzling thing

to say. the first quarter is often the worst. they still think they have some sort of plan for the rest of the year. it is puzzling. allianz reported pimco net inflows totaled 21 billion euros in the first quarter. >> the 200 million ahead of our outlook for the year. insurance is always a volatile business. it is too early to address our outlook. pimco is on a great turn for recovery. we had a great last quarter in q4. now q1 continues. i think you two will also continue -- q2 will also continue the success story of pimco.

♪

♪ vix, often called the fear gauge, not really a measure of implied volatility, at its lowest level at one point today since 1993. that is an extraordinary low by volatility. on the bloomberg which lookatistorical movers. you want to focus on this part of the screen. not surprising. apple set a record. alphabet, microsoft, amazon at a record. facebook, broadcom. >> there are about 30,000 functions on the bloomberg. we always enjoyed showing you our favorites on bloomberg television. maybe they will become your favorite. here's another fun thing you will find useful. to where youyou

can get fast insight into timely topics. here is a quick take from this week. >> everyone is listening to you now. you came by the tens of millions to become part of an historic movement the keof which the world has never seen before. >> u.s. president donald trump's victory is part of a new wave of populism sweeping through democracies of the world. what different trades -- differentiates populism is the claim they alone represent the will of the people as a whole. that allows them to dismiss any opsion to themselves or their policies as an attack on the popular will. often take this approach as they tap into the backlash against immigration and globalized economies many voters feel have left them behind. here is the situation. populism does not mean left were right or even center. from the late, radical socialist

in venezuela to the far right nationastarine le pen in france, the uniting factor is how they conductolics. according to one author, there are three requirements for politicians to be considered populists. one, they make an appeal to the people championing the cause against the despised elite. >> she will keep our rate system in place. i alone can fix it. >> populists also use crises or manufacture them to justify the call to revolt. lastly, inflammatory language is used to shock the establishment and prove politicians as one of the people. unsafe.kes the streets >> here is the argument. because populists make big promises to shake up society, they tend to bump up quickly against democratic checks and balances. in particular, the courts and media which were designed to limit what governments can do.

becomes toion declare them part of an elite conspiracy to block the people's ll >> i have a running war with the media. there are among the most dishonest human beings on the planet. >> there is a reason why populists emerge. they promised a correction for democracies at seem to have lost the representative power and they offer a fresh start. the challenge remains for mainstream politicians to address widespread economic and cultural fears. otherwise, the draw populism is not going away anytime soon. >> anything is possible if enough people are prepared to stand up against the establishment. thank you very much indeed. ♪ that was just one of the many quick takes you can find on the bloomberg. you can also find them at bloomberg.com along with the latest business news and analysis 44 hours a day. that will be all for "bloomberg best" this week. thanks for watching. i am juliette saly.

this is bloomberg. ♪

tired ofeoeet asking you what it feels like to be a woman ceo? mary: it's a question asked more than it should on reminded me last mother's day the most important job is mom. david: the government put some money in a general motors. to the government get its money back? ma: we will be forever grateful for what the government did. david: youroa of directors let you go and driverless car? mary: it is from general motors, i think yes. >> would you fix your tie, please? david: people wouldn't recognize me if my tie was fixed. let's leave it this way. all right. ♪