. >> my conversation with brazilian billionaire eike batista. >>> and my discussion with vera wang. how to marry mainstream and high fashion, keeping blushing brides beaming and cash registers ringing. "the wall street journal report" begins right now. >> this is america's number one financial news program, "the wall street journal report." now maria bartiromo. >> here is a look at what is making news as we head into a new week on wall street. the u.s. economy added more jobs last month, more than at any time in the past 11 years. and all of them were in the private sector, which showed the best gains in five years. nonfarm payrolls rose by 244,000 in april, strongly surpassing analysts' expectations. the unemployment rate rose to 9%, likely because more people were looking for work. it was the third straight month of more than 200,000 job gains. >>> well, the air is coming out of the commodities trade. the crb index dropped sharply during the week. oil tumbling below $100 a barrel for the first time since march. silver falling big-time, in part because tighter margin requirements w

commodity prices. >>> one man who is betting big on natural resources is brazilian mining billionaire eike batista. batista is worth more than $30 million. he is the founder of five commodities countries and is the eighth richest man in the world. he told me that brazil's boom could take him all the way to the top. >> brazil is a country of 220 peop million people. we're a melting pot of people. 100 million of these have grown into the middle class. 35 million alone during lula's presidency. so from 65 million to 100 llion brazilians. we're foreseeing that we'll be able to bring another 60 million into the middle class by 2020. business is really a gigantic driver because brazil has moved from 50 billion barrels of oil reservrves to 100. so we move from the 16th position, a very low position into literally the third, fourth position in terms of oil reserve in the world, and it's probably bigger. >> let me ask you more about that, because your company was helping to produce this huge oil find on the offshore of brazil. >> yes. >> how big of an opportunity is this? someone said to me the other day t