a lot of people are thinking that the $.10 platform will do a lot better.ou will see a lot of consolidation with $.10 and alibaba. they are making it one of acquisitions. that is why you saw alibaba vent over a billion dollars buying a mobile phone mapping service. that was announced last week. >> yahoo! has agreed to sell half the state can alibaba when the company goes public. how do you wanted to use that cash? >> based on some of the comments, i would say that investors want to give it back. the cfo talked about a $300 billion cash balance of stop when you think about that, they will have the chair dividends. that is part of the plan when they will there's they can alibaba. investors will get some of that battles how will these the catch? acquisitions are the status quo. you need a strong balance sheet. what marissa mayer outlines around social and native advertising, all of those are the areas -- if you asked me specifically what acquisitions could they do that could really beef up what they already have, they have slept most of the holes both top is p

morgan had a lot of instances. they included a lot of one-time positives.big gains on their equity portfolio. they had a lot of things going on that obviously is helpful. a lot of people talk about well, net interest margins normalize. they talk about a cushing of benefits. it compresses mortgage demand. we can see right now when we take a look at all of these banks they're actually telling us that's a big part of the problem. >> the problem were j.p. morgan, if you are going to lower expectations then you better meet or beat them. and when you miss the lowered expect tapgss you're going to get crushed. higher rates need to help the banks, and god knows the banks need some help. we've been saying that for a long time, months and months and months. if you look at ten-year treasury yields it's not going to help the banks. >> i would make one point about that xlf trade. that is not a graeat proxy. i think this trader was mostly looking at the dollar cheap premium. >> why isn't it a good proxy? >> hathaway was the second largest. there are aum can others in the

a lot of times is what you will see is the space. the idea is this feasible and practical?

the we have a lot of programs and the government right now. they do a lot of good. to be oriented toward where the jobs are, preparing people for the jobs. he is moving forward to do exactly that. quantitativee easing. is it being done so from your perspective at the right place? any concerns moving ahead? ofone of the strings american economic policy is that officials in the white house and the executive branch more broadly do not reduce this by commenting on monetary policy. as important as it is, you'll have to find another guest to discuss it with, unfortunately. about in ag to ask the ministry to decision. , this first term administration went ahead with a bailout for automakers. knowing what we know now about the recall problems at gm, was a still a good decision or is this a company the market should have let fail? >> the overwhelming motivation did is the president what needed to be done for our economy and jobs. nothing since then has changed the number of jobs that were saved, saving the american auto industry. it is not just the company. it is not just th

>> i've thought a lot about it.ean, i ended up writing a book that sort of emphasized forgiveness and said it tends to be cheaper than we think it is. we can often shoot ourselves in the foot pursuing that last measure of justice. so there's some play in which someone says, you know, if we actually peteed out justice, who among us could stand up against true justice? but that doesn't mean that you should just blindly forgive. like bernie madoff did something wrong, he should not be allowed to manage money anymore. he should be in jail. so the first thing that you do want to see is learning from the mistake and the wrong. you want to see repentance. and, obviously, that can be faked. but it's harder to fake than you would think. and most people, many people don't even bother to try to fake it, right? so what i like to think of as tighter -- a lot of thick social institutions you could call them where a lot of this is happening in social circles, and that's true of bankruptcy, right? if your genuinely just at the end

hey, big lots, a quiet solid performer. this is a new 52-week high, today up about 52%. >>> under the radar, martin transport, upgraded to an overjae over at stevens. >> this is a wisconsin-based trucking company, blue and white. get on the roads across this fine country, melissa. you will see marten with an "e." the aench wall street target, so keep an eye on this. it is marten a bullish call. >>> and today we're talking gold. yellow metal on a-day losing streak, despite mounting geopolitical discussion -- let us talk gold with ryan dietrich, on the technical. steve cortes on the fundamentals. some would say, ryan, that the charts have been driving gold rather than the fundamentals. do you agree? and if not, or so, what are you seeing from the charts? >> sure, brian, definitely there's some truth to that, bigger picture, one of the nice double bottom at the end of last year where the summer lows for last year. what does that tell us? late last year, no one liked to own gold at the beginning of this year like last year, mos

and lot of research, and the research has shown that it reduces the miles traveled and the greenhouse and the household budget and most folks, find that they don't need as much car as they own, the aaa does some analysis, and the last time that i looked a couple of years ago, cost about $8,000 a year to own a car that is after you buy the car that is not the cost that is the transmission and the insurance and the gas and the tires and the registration and parking. and it is expensive to own a car and for a lot of people, owning less of a car is a good thing and they want to have access to a car but car sharing let's people own just enough car and not too much car. and it helps to increase walking bicycling and transit use, car sharing does. >> these days, there are multiple sorts of car sharing, i said that there is traditional car sharing like the city car and zip car and there is peer to peer where i might own a car and like a lot of people i only drive it a couple of hours a week and the rest of the time it is sitting out and rusting and depreciate ating and peer to peer is about a

i think just like after 9/11, a lot of things took place and a lot of changes.hink we have a reactionary society and we have to stop being so reactionary and being proactive and get out in front of events that happened. that is the way we handle these investigations. from again, thoughts georgia, calling on our democrats line commenting on the first anniversary of the marathon bombings. today" takes a look at what is going on inside of the city. highlighting a common phrase you probably heard leading out of last year i'm a "boston strong." more than a slogan but some leading the resilience and accomplishments -- host: again, some of the thoughts from "usa today." andrew from virginia beach. hello. in today to calling comment that i think the entire notion, the idea of is atrsaries on bombings best insane and at worst are bubbling nonproductive. that i canthings think to memorialize or to have an anniversary for, a bombing or a slaughter is very, very low on the list and should not even be on the list. i think the attention we give is counterproductive. host: how

lots of times in the cloud. it does raise questions about all that. >> isn't it obviously kind of a gimmick, kind of a work around to say you just bought an antenna, we're just holding it for you and leasing you the space. they could just as easily have one giant antenna and put all the content online for you to buy is what they're really doing, isn't it? >> they could but this is really not the issue. the issue is not technology, it's big media against the copyright laws because they're very vague. very, very inside sufficient in terms of today's technology. and what aereo is doing has to be supported, if the supreme court stays consistent with previous rulings, as john said, the sony beta max ruling and the cable vision d.v.r. ruling, those support what aereo is doing. >> if aereo can do it, i don't understand why comcast has to pay nbc for -- why do cable companies have to pay in the first place? they could take free over the air content and sell it on for free? >> for 40 years they did. >> why don't they jus

and i think that says a lot. says a lot, way more than the uncertainty of it.that no one has a clue as to what is going down and how it will affect the bottom line. >> if you're the ceo of general electric, you have to have some sort of idea of a medical device tax. >> i'm not sure if he thinks that this is okay. and somehow we ended up thinking that this is something that will be free, they are just not doing it. >> coming out, do you think maybe ey think it will be a mere call the, there's a lot of other thing that people are fixing this? >> oh, boy, i wish. i would like to go back to the old days and realistic premiums. but i don't think it will do anything. it's the hypocrisy and reality is a tough teacher and he just ran smack into it. >> this means your washing machine will go up now. so anything that has to stamp that stamp on it is going to be more money. charles: thank you guys so much. okay, we have heard of small businesses. but a small business outfit? are legal predicting the future is a pretty difficult thing to do. but, manufacturing in the unite

>> i think we have a lot of traction in general from a lot of different companies.ive stuff, like what we are doing tonight with tribeca, to education, big universities around the world are using this to create interactive courses, to even real estate agents making build-your-own tools, interactive building videos. i think the vastness of what this can be used for, we hope it will be like a real revolution and how we consume content and create content. >> i want to put this into context for viewers. you are like a rock star, especially in israel. you are a judge on the israeli version of "american idol." >> only in israel. >> how is it different being a rock star in israel to being a rock star in the united states? is it different? >> i'm not a rock star in the united states. israel is a small country, and it has less people than manhattan, i think. >> all right, yoni bloch, we are honored to have you on the show. thank you for stopping by and congratulations on this award from the tribeca film festival. coming up, have you ever lost your smartphone? phone makers li

we had a lot of great discussions on a lot of issues. a lot of issues that he made me think about and look at in a different way. >> how many bobbleheads do you think we have in the audience this morning? one over here. [laughter] >> what did you think about what he said about you not being interested in public service? >> i have always been really cynical about it, thinking i could never go that far in politics and it is such a caustic environment. i slowly listened to different speakers and people i have met and i have chipped away at that. it has been so ingrained in my head and thought maybe i do want to make a difference and run for something local and state local within my community. like president obama told us the other day, do not get cynical. a nation does not need any more cynical people. it is not going to help us. if i cannot help anyone by being cynical, i can try to be optimistic and make a difference. >> why do you think people become cynical? >> it is a tough, sometimes muddled system. we talked to a senator who said you

>> if you look at happened with a lot of this document that was released, you have a lot of the organizations that specific look for lord -- specifically look for these flaws, but also go into different government agencies and do surveillance. to appease the masses. they are not going to disclose their techniques and what they are actually going up there. it is going to take something like a snowden released for us to see what is going on behind the. realm.from that for me it was a different ballgame back in the early 2000. we did not have this huge cyber movement. there are were very little laws or regulation abroad what it can actually do what they could not do. after this has been made public, i do not did as much. -- do not think it is as much. >> the number of social security numbers were stolen to be a story out today about how business are having trouble getting rid of this thing even though there are patches out there. are we going to hear more stories like this? orthe bug was quite slim give you push the button, do a few other things, minor technical adjustments, and within a couple

it's a lot cheaper -- >> a moat? amazon just did a deal with hbo. >> they did. >> how wide is the moat? >> well, you saw netflix earnings. is netflix losing subs to amazon? >> well, right now is not necessarily the story. it's does netflix deserve to trade at 136 times earnings, or whatever the number -- >> no, no, no, 50 times next year's earnings. that's the point i was going to make. again, i'm not saying go out and buy netnetflix. i'm saying 50 times next year is not in any way a bubble, nor cisco or micron. >> yeah, the traders i talk to, they bring up the valuation point all the time. they say if you look at the trailing p/e of nasdaq, which is home to the big-bubble stocks everyone leaks to talk about, it's only 20 times. back in the '90s, nearly 50 times. i have to tell you a lot of investors and traders i'm talking to are puzzled by einhorn's letter. they're saying, yes, he's making this point, but people have been talking about this for the past six months. you're already starting to see market correction b

there is a lot of paths to do this.hink you want to view what is happening in t-mobile and there are a lot of ways to do it. >> is there a chance that the merger happens and you don't have a job? mylisten, i'm so good at job, i'm sort of like you. could you imagine if bloomberg would decide to do something as a company and leave cory in charge? >> that would never happen. >> right, i'm not worried about it. we will see what happens. i do what i do well. >> one of cory's all-time favorite quotes. jeff, first of all, you heard what john legere said. he is basically saying that the sprint ceo is a sitting duck. >> and that is part of the reporting today in an interesting development, that the sprint side, they acknowledges or realizes if they do this deal, they will perhaps out or move dan hesse perhaps give him some other role. the ceo of t-mobile might wind up running things. >> at the same time, john legere , he has strong opinions come in very colorful, but he also bashes sprint on twitter all day long. how can he real

a lot more of this game it play. gwen: that is why they usually metaphors.ts >> see me run it into the ground. 7.1 million is big. that was the number they wanted from the get go before there troubles. one question at the heart of there before the web site failure was are people going to buy it. will be put out there and will people sign up. the president was ratified in that. we have to remember how this game started. here was a kickoff and the president's team ran into their own end zone and fumbled -- going to have to stop. >> in that regard this is a because of evement the two months the web site that was central to pushing this the fact he got 7.1 million is a big deal. but there are a lot of questioning it. >> what is that 7.1 million meaning? who are they? what are they? epublicans seem to say it is not necessarily a hard number. >> that is why this was a despite celebration everything i just said. for a number of reasons. enrolling doesn't necessarily paid and some reporting suggests insurance ompanies say 15

lots of marble and lots of portraits, mostly of men. ok? men, not a lotf of women except sandra day o'connor up on the walls. i would walk through on the weekends and hear my footsteps on the ground, and think, these paintings are going to talk to me. [laughter] and, you know, it was a little bit scary. i will tell you my favorite story that first year. remembersow if eloise it. i came to work one day, and i was leaving to go to a meeting. i walked around the corner and i stopped. there was a stairwell there. i looked at the stairwell. i looked around and i said, did i turn the wrong way? i looked all around, thinking, i am lost. how do i get -- how do i get to my office? i went back to my office, with my face in a total state of shock. ok? i looked at my assistant, who had been justice souter's assistant at the time. i said, shelley, i think i am going crazy. and she said, justice, they took the wall down last night. [laughter] they had been doing construction in the building, and they had balls up in places i did not know were artificial

i'm learning a lot.a whole new world. >> i think if we need a producer on this show he might want to pump money into this project. didn't you say that? >> i definitely said that. that would be an honor. tavis: i've got a minute to go. i could talk to you for hours. all my brothers called me and said, have you heard the new nas track? he mentioned your name. >> i try to talk about things and people that matter. >> in pr, pbs, none of that meant anything to my brothers until my name was in a nas track. >> thank you. tavis: that's a big deal. i assume you are grateful at this point. >> i am grateful. i am excited about what's next. i was excited to record. listening to it took me back. it reminded me what my plan was. it made me look at everything going on since then. it showed me where i was at. i am grateful. for those of us who love music, this has to be in your collection. if you don't have this your collection is missing something. there is some stuff you have not heard. i highly recommend it. if i com

>> it took a lot of work. i met a lot of people, thousands of people.ned pretty quickly the big public companies were not going to let me have the kind of access that i wanted. i started looking for a privately held company. i heard about cosmos. they had -- a lot of people knew about them. they work together at a place called triton energy and they discovered oil. >> these are very good people. >> yes. and theonnect with them store you thought you were going to tell, does it take a shift? you do not necessarily have a plan. as a documentary filmmaker, you are always having to deal with the unknown. company, everything is constantly by schedule or changing war shifting. governments rise and fall. the excitement of the process. >> tell me about some of the people behind all of this. cosmos, i was attracted to him as a character because he is a classic texas wildcatter. >> bigger than life? he is very self-confident. he had big ideas about what he was doing there. the other person is brian max ckstead. and there are the militants in nigeria. >> how did yo

a lot of concerns there. you investigated the edibles, because there is a little regulation, and men provide less thc, the active ingredient in marijuana, than what they promised, but others delivered more. is there a danger with these of getting? >> there is. and we followed that piece up with basically a dos and don't - eight steps to figure out the right way to dose edibles for you. it doesn't help that very few of the labels are accurate, you know. we spent thousands in testing for the one piece, where we tested 13 product, most three times a piece and found out 5% were on target if they said plrp going to be -- there were going to be 150mg, there was 150mg. 5% hits that. the rest were primarily severely underdosed and there was one that was supposed to be 100mg, and 140mg of thc. if you are going out and expect this to be, okay, 10 pieces and 100mg, each piece is 10mg, not quite. you can't count on the numbers for the packages. >> they are not going bring real dangers, a lot of people laughed when the de

. >> we make lots and lots and lots of things by hand. it's what sweet pete's specializes in-- thing like caramels, hard candy, pulled sugar, chocolates, toffee. >> i'd like to get down to tasting. >> my personal favorite is this. >> now, everything that i'm gonna taste you made? >> i've got another candy maker on staff who's worked for me for many, many years. i want to try one too. it's the most awesome business there is. it brings some joy to my life. >> so that's an all-natural cherry, soaked in grand marnier, homemade fondant, and dipped in our belgian dark chocolate. >> i didn't really get a good taste. i need another one. >> i didn't either. >> can i see the kitchen? >> this is it. >> this is the whole kitchen? >> this is it. >> you're doing all your business out of this kitchen? >> yes. >> yep. >> oh, my gosh. where's the storage at? where are the coolers? where's the walk-in fridge? >> yeah, none of that. >> none of that. >> no wonder this place is struggling. i walk into a kitchen, and they are maxed out. if they had more stoves

the cities need a lot of help. the scientific research needs a lot of help.t is why both of us are drawn -- more and more of our philanthropy will help those countries with those great needs. >> one of the places melinda is has 50,000 people per doctor. in america, we have 500 people per doctor. there are places where there are no roads so if you need an operation, you just die. we have been training people to do appendectomies and cesareans, which turn out to be relatively simple operations. without that, everybody who needs one of those is not going to survive. yet with a little help, working, you can't cure everything -- you are not going to do open heart surgery -- but you can do a few things. that can make an enormous difference and save countless lives. >> what do you hope to do there? >> the organization i am focusing on is a group of 63 cities that focus on climate change, sharing best practices and that sort of thing. they all have the same problems. they all have to educate and protect and improve the health of people. all through africa and latin a

dealers add a lot of value for a lot of people in this equation. not always for the consumer. >> hang on. still ahead, we will hear directly from tesla. the company's head of divisive -- of business development will be joining us. automotive retailer in the u.s. will join up in a few moments to talk about tesla and whether he wants to sell those cars as well. they reported their results this morning. stay in the loop. ♪ >> as we continue our special, we're back with our resident auto expert, matt miller. also, my cohost for this hour. as well is allen, normally based out on the west coast but he is here in new york for the auto show. you met with tesla last night. >> by phone. you? t did they say to class they are upset with the way things turned last week. you talked about new jersey today but there was another issue in arizona where they thought ability go their way in the state legislature that failed on friday. it was a setback. >> a setback because of this giga factory plan. it might be based in arizona. >> that is one of the four states they

wealthy and corporations have a lot of influence in congress. they have a lot of power. they spent a lot of money library -- lobbying and they get the tax rules they want and they also can afford very high price tax lawyers to do planning to help them get around the rules. making the tax code simpler would actually help a lot -- not in terms of rate but in terms of rules, because when you have a special rule for a certain type of income or taxpayer, then people try to manipulate their transactions to fit within the special rules so they can get that low rate. while we look at averages, and sometimes they tell us something meaningful, a lot of times they don't. the average tax rate for the wealthy might be 25% but we know a lot of people are paying much less than that. there have been well-publicized cases. host: reggie from norristown, pennsylvania. democrats line. caller: can you hear me? host: yes, go ahead. caller: a couple of questions. you put up a graph on the state taxes on the last segment and you said pennsylvania was three percent. there is also a county tax of

boiling a lot of mashing. in the western area you get a lot of vegetables like we looked at. but at the coastal area, because of the influence from the arabs for example who bought in oil to us, who bought in spices, you will find things like garlic, a lot of onions; we've got red and white, this is tamaric and that's ginger, and this of course is a coconut and i think in the coast they use this for almost everything they cook and i think we're going to take a step outside and we'll visit this restaurant where they do a lot of coastal cooking. so that should be fun! >> so most of the people eating street food, aren't going to markets like the one we've been to, where are they getting their meals? >> well, they will go to these people who set up shops at the side of the road, they just put up their stoves and buy the charcoal, burn it and cook. there's one right there, something similar to that. >> milisinse has just been telling me how she cooks for the people who move around here, wether they are gardeners fr

>> right now it's a lot better, because we're under a lot of treatments, and we do treatments at home>> i see. this has been a long process, and this isn't even over yet at this point, but in the process, what has been most difficult? >> fighting with this company. they have been impossible to deal with. my neighbor sent them numerous letters, i have called them, i have personally talked to the workers on the site and begged and pleaded with them to help us; that we were all sick, and no one from this company would even call me back. as matter of fact they cursed me, they threw dirt on me, they spit on me. with. >> so workers actually spit on you and cursed at you? >> they spit at me and cursed me, yes. >> now about what about people in your community, do they understand what you did and why? >> oh, yes, we have the support of the entire community. >> and this has been a real drain for you and your family if you have to give up your home this has got to be tough. >> it has been quite emotional, a long road. >> why did you decide to take this kind of action? was there another way to go

>> a lot has changed. within the utility industry, one a major trend has been excited is smart meters have rolled out increasingly around the globe. the u.s., more than 1/3, that gives us an enormous amount of data to work with our utility clients to serve their customers. we have over 52 million consumers worth of energy data which we believe is the largest of its kind on the planet. for us technologically, and to really be anends, impatient around virtualization and the cloud model for software analytics., big data we run as our core data platform. in these new open source technologies make it easier for us to extract really deep insights about customers than ever before. >> you guys are just ipo at goldman sachs. i wonder why you decided to go public now. first, going public is a fund raising event. we see this enormous opportunity in front of us. we were cash flow positive last year. >> with all of these companies that need to do it desperately, you do not really need to. >> that is the best time to go

a lot of them are overseas. section 215, the telephone metadata program which obama wants to and was responsible and would have had a role in may be only 12 of those domestically. of those, only one actually yielded some information that was useful to a terrorist investigation. that one case involved a san diego cap driver convicted of material support to terrorism presenting $6,500 to someone in somalia, al-shabaab. that did not involve an attack on the u.s. at all. it led to not only to the surveillance review board to conclude that the program was not essential to preventing terrorist attacks, but also the privacy board said that it had not contributed in one case to preventing any kind of terrorist attack. >> a few words. from time to time, the government is going to exaggerate the importance of the program it is trying to defend. having spent lots of time and done lots of interviews, how sad would it be if they were spending $10 million a year and hiring some of the greatest talent in the world, mathematica

a lot of life in those years. a young man who did a lot in the civic community. time he was 15 years old, he started raising money for the jimmy fund. he saw the telethons on tv and heard them on sports radio. he literally would collect money from his neighbors in his neighborhood. he did that right up until he passed away. that gives anct image of what kind of a person he was is, he wasn't m.i.t. police officer. he wanted to join another department, a city department. he had an opportunity before he started with m.i.t. to go to another town. the town of lincoln. he had already told m.i.t. he was going to become a police officer. yes, i accept the job. at the time, lincoln had offered him a job. he would rather have worked in a town than at the college. but he made a commitment to m.i.t., and he went to the chief. he said, i have an opportunity to take this job at lincoln, but i want to work for you. the chief said, do what is best for you. he said, i gave you my word. i am going to work for you. he probably should have never been there. but commitment meant ever

>> if you look at what happened with a lot of the snowden documents that were released, you have a lotf organizations that specifically look for these flaws and use them actively for intelligence purposes and going into different government agencies and do surveillance. i think this is to appease the masses. they are not going to disclose their techniques and what they are actively going after. it is going to take something like a snowden release for us to see what is going on behind the scenes. i came from that realm. i was in intelligence doing a lot of these things. for me it was a different ballgame back in the early 2000, 2005. we did not have this huge cyber movement. i think there is very little laws or regulation around what they can actually do what they can't do. after this has been made public, i do not think it is much. >> jordan, the canadian revenue agency, i believe is one organization that has been impacted by heartbleed. a number of social security numbers were stolen. you have a story out today about how business are having trouble getting rid of this thing even thoug

there is a lot of ways. but i will focus on three and that is how we are changing the atmosphere, the oceans and what darwin called the principles of geographical distribution. every year we add 10 metric tons of fuel to the atmosphere. you know this. it is ordinary stuff and i will not belabor it. we drive our cars, we turn on our lights. 7.2 billion people on the planet and it adds up. when we burn fossil fuel, we are taking carbon that was buried over the earth over the correspondence -- course of hundreds of years and putting it into atmosphere. so we are running backwards at a high-speed. a process that took hundreds of years to one in one direction and we are running it in the other in a matter of centuries. if you came to earth, you canou conclude the fundamental purpose is to affect this transfer as quickly as possible. seeing how much carbon week we can get from the ground and put it up into air. if they were measuring this process, they would say we are doing a good job. we are measuring this proce

thanks a lot.stage. [inaudible conversations] >> on the next washington journal, looking at the disclosure stai.s of candidates of how much money they are raising for this year's elections. key political correspondent for the national journal hot line. the chairman of the federal election commission, lee goodman, will join us to discuss how its agency has been affected by the recent supreme court decision on campaign contributions. >> there's an old saying that victory is a hundred fathers and feat, and i would not be surprised in information is poured into you in regards of all the recent activity. >> we're just talking about the fact that the interrogation last week of the senate committee asking questions about the use of the carrier aircraft, the aircraft and markings painted out, and, well, we figure that somebody over there told them about, you know, that thing on wednesday morning, and that that's where they spring it or goldwater springs it, and spring in such a way it looks like they are c

auto sales up a lot, 3.1%. the report was strong all the way through, even discretionary items like eating and drinking places saul an increase. saw an increase. gdp much stronger than forecast. we thought we would see a half percent increase. instead we see .8%. while it may be not enough to do the first quarter, the second quarter starting off on a strong note. >> there has been a lot of talk about the weather affect at work . you see the hand of the taxman as well. >> the weather has gotten better. it is tax refund time. stronger --g stronger tax refunds. last year depressed by the fact that week ended the withholding benefit from congress. now running $40 refund in terms laste average higher than year. money that will probably go directly to the economy. as electronic filing continues to become the way of choice for most americans, we see refunds go out earlier, up from what we saw last year significantly. is this the turnaround in the economy everyone has been waiting for? >> too soon to tell, but looks li

facebook wants a lot of things.ngare good at people a great experience of connecting with people. >> have a approach to? >> we talk with facebook and other companies all the time. we have had acquisition discussions with lots of people. i am not interested in any of that. facebook is made some really and acquisitions. --definitely want to retain remain independent. we want to be a company that people are still in love with 100 years from now. >> thank you so much ♪. we are back in two minutes. ♪ >> astrazeneca have said they will take no action. >> we also understand that the french government isn't opposed 's deal. a deal fornnounces astrazeneca. thath officials are saying nine. will they push ge aside? the crisis in ukraine escalates. the president is in the philippines. he says new sanctions are in order. good morning everyone, this is "bloomberg surveillance perko. i am tom keene. joining me is scarlet fu and adam johnson. >> japanese retail sales are up 6.3%. we know why that is. they are up in the tax rate to

that is a lot.g attention to those elements, you will be fine. >> is it hard to merge two companies that are that big? >> merging the cable company is not that hard. both companies have been in the business for a long time. the technology is similar. >> bob, you are sticking with us. after the break, he will talk about his fight for autism awareness and what he really thinks of netflix. ♪ >> first there was carrie bradshaw, tony soprano, and then came the noble family. the hit series is back for its fourth season, but it is not the only show that millions are watching. ♪ >> this is newsnight. >> it is 1920 and atlantic city kingpin celebrates the don of prohibition. -- dawn of prohibition. >> we figured out a lot about your kind. ♪ >> do you ever wonder if you are a bad man? fulle world needs batman -- bad men. >> they know i saved the city. click bob wright -- >> bob wright is here with us. your favorite hbo show? >> boardwalk empire. >> i have not watched that one yet. >> i am fascinated with the

and i got a lot of

i learned a lot.i used to always say i was the best client because while i was reading and excitedly sharing information with others, i was learning as well. and that is my motivation is to share all of the stuff we had. and now, what that's about all the challenges ahead, and still meeting great people. the people who run clarence reynolds, the people that run the center and make this possible, you're not going to find a better caliber of people. even folks reporting this, c-span, they are doing us a service. but tv is a tremendous service. i am working with people who produce programs called, for example, a hard-hitting books from paul cÔte neighborhood. these are people who are so constantly struggling to do what we all do in some respects. that is a powerful motivator. you know, i made a lot of money working in corporate erika, but i was never as passionate about doing what i do now, as difficult as it is, dan anything else in my life almost other than a family of children. this is important work

airbnb is helping a lot of homeowners. you look back in the history of airbnb, a lot of people were getting foreclosed on, get kicked out of their house, they were able to rent the house, pay their mortgage and stay in there. this is service states need to figure out how to work with, not work against. melissa: the problem, mark, they're not just violating one law but a folks are not paying proper taxes. it is not about folks talking about that. there are 30-day limit. you can't rent for 30-days, sublet. >> which is dumb. melissa: whatever. they're are 30 million laws they're violating in 30 different states and bottom line, the majority of their business is illegal. >> until the court make as ruling we don't know what they're doing. they have over 600,000 listings in 192 countries. oddly enough they say on the website they have 600 castles. if you're in the market for a castle, there you go. the reality, any new business has to navigate laws, regulations an rules. if they have a good team and work their thing they will be

they can make a lot of money.ially, from what i understand, 20/20's looking at how herbalife recruits its distributers. and that is at the heart of both ackman's critique of the company, and we should point out the ftc, federal trade commission, investigation of herbalife which is going on right now, and it's depressed the stock in recent weeks. exactly what is in the 20/20 expose? we don't know. we do know what the company's been asked about, stuff about its distributers, its sales techniques. but here's the real key, and this is what we're hearing, the company is bracing for a possible whistle whistleblower out of this thing. they're just hearing it through the grapevine that 20/20 may have some whistleblower that worked behind the scenes to show how the company works with its distributers and behind this -- and that whistleblower is working with the federal government. we don't know. now, timing on this, from what i understand, the company's been cooperating with 20/20 for the last two months. the timing is up

a lot of the programs require that you be married. what do you do if it's the sister or the mother or the brother or the neighbor down the street? this addresses a lot of those unmet needs and things that we didn't think about originally that we need to address now. >> you're no stranger to capitol hill. and you've been a powerful voice there for a decade. while the wounded veterans grapple with their challenges behind the scenes, across the board, diagnoses life altering for the patients and life-changing for their entire families, and wait until you hear what this equates to in dollars and cents. it's shocking. >> welcome back, we're talking about the 23 million americans who care for an adult loved one, and a lot of perm stories. >> hannah says: joining us now is a family caregiver whose mother has alzheimer's, and cofounder of lots of helping hands. your mom was diagnosed with alzheimer's at 50, and you were in college and your brother in the 8th grade. and how did your diagnoses and subsequent care giving alter your life. >> it w

a whole lot of trading. one surprise, actually may not surprise you, but citi holdings, it is the majority of that is the u.s. housing market. it's subprime mortgages, old line mortgage portfolios. the value of that rose very sharply. and a lot of the executives were just talking about how the u.s. housing market recovery is one of the main stories. >> you're telling us a lot of stuff that's going the way of citi. can investors expect citi give a dividend any time soon? it's been a while since they've seen one. will the federal reserve give the okay. >> they have a one. cent dividend. they didn't pass the capital return portion. executives today on the conference call said they would not be resubmitting that plan to the fed instead hunker down and try to rebuild those process make them morrow bust, resubmit next year so investors have to wait three more quarters for that. >> kayla, thank you very much. citi is just the start of a big week for corporate earning. more banks are due to report along with a handf

so we have lots of data and not a heck of a lot of idea what to do with all of it, so that's the verytude towards the data that explains it. >> charlie: a difference between a point of view and opinion? >> well, i think this is a complicated question. i mean, i think noÑi one,áujçóç, vantage point, are you trying to portray the world as fully and fairly as you see it? that's not easy. we say instead of trying to present a filtered version of it on top of the filter we can't avoid. we realize we haven't divorced ourself from the challenge any journalism organization faces. >> charlie: you went from the "new york times" to espn and abc and, you know -- i mean, you went from one big one to another big one because you thought you could do more there or they appreciated you more there or because you had more freedom there or because -- because you were driving during the political vaccines 20% of the traffic. >> for a few days. not over the long term.ñr basically, y t)'uÑiçó toÑiñrÑi d something. ates really excitingçó thing -- it's a really exciting thing to do to hire and work with peopl

even though those exclude a lot of people, they include a lot of people, and most of those people have deep roots in the community. you can't have it both ways. you can't do robust enforcement and not have a major impact on deeply rooted, long-standing immigrant communities. your story goes to that point. i don't know the conditions under which your father was deported, but most people who are deported have lived in this country for a while, and many have families here. they may also have been previously removed or convicted of a minor crime or another crime or been apprehended at the border, in which case they are defined as a priority. there are a lot of people who have these connections in the u.s., so both storylines are true. it is true the administration is focusing on those categories and that is having an impact on communities. >> i didn't think i would necessarily end up doing this kind of work. the situation is one where what a lot of us want is a program that would have allowed you to bury your father. the only way that is going to happen is if congress acts. there are a lot

lots of companies that are very good at what they do. there are lots of options.body checks out here and they see that they pay a couple of hundred bucks and were not happy, all they had to do is walk out the front door on park avenue and take a right and there are some great hotels. and now with social media, you have to find a way to differentiate yourself from the competition. you have to offer a product and service people -- people can relate to and feel good about using. >> how do you make sure that loews differentiates itself? >> we will have some properties that are much smaller than the big-name business. we will be competing against a hyatt and the fairmont. we could be competing against the four seasons. why people want to come back here is the service. they say, welcome back. >> it is a welcome for many this year, including nfl fans, new york tourists, and his regency hotel guests. a lot is riding on a simple hope that they enjoy the new hotel as much as he does. >> it is our best shot at it. we spent $100 million to reinvent loews regency hotel. it alw