financial risks they need to come in and understand the rules we shouldn't be changing the rules midstream we shouldn't be changing the rules i think the project as implicates i've mentioned on tuesday come up with something different on the alley they did this this was something they didn't have to do i also came up with my forum some of the lens the displacement does this displace tenants they said it don't cumulatively over time it could and affordability it does have that i want to talk about the idea that commissioner antonini mentioned keeping the square footage on the avenue, i think that not something we can do but supervisor avalos could accomplish that and commissioner lee has done that as recently in a castro land use issue that will help the affordability and the small unit for 65 percent or lower the liveability it depends on who you ask there are people that might be displaced it's a good project and will create eyes-only is street and a good design a neighborhood character in you respond to the katrero alley that will add to the character and addresses accident foornlt issue

i remember sometime along midstream, the eighth flight or night flight that we did not get back. of the members of the team opined at one of our meetings that perhaps there was some fundamental reason why something could cannot -- could not come back from orbit. some fundamental technical point that was missed. maybe you could never get anything back from orbit. it goes to show you the direction of the thought at the point of time. much difference. we went right along to the accomplishment. later on we had it back in our hands. >> we have landed men on the several times. we have done so many incredible things. it is hard to believe or get years ago and3 how relatively unsophisticated we were. how little we knew about doing the intricate things that had to be done to make the system work. we ask ourselves today, after the fact, why this program works so well. particularly the operating environment. how we got along with the companies, the ceos and the government. and i think that to understand how that works so well, you have to remember that we were a small banded the first lays,

after pricing at $22, cone midstream opens at $28.50.pay up for growth like alibaba and will pay up for big dividend names like cone mid stream. back to you. >> thanks a lot. when we return, more of josh lipton's interview with steve ballmer. the former microsoft ceo grades himself on 13 years running that company. the ceo travelport on his company's wall street debut. dow is down 112 points as we give back almost all of yesterday's gains. i love having a free checked bag. with my united mileageplus explorer card. i have saved $75 in checked bag fees. priority boarding is really important to us. you can just get on the plane and relax. i love to travel, no foreign transaction fees means real savings. we can go to any country and spend money the way we would in the us. when i spend money on this card i can see brazil in my future. i use the explorer card to earn miles in order to go visit my family which means a lot to me. ♪ big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made su

planning to spin off its midstream energy assets and storage into what is called the taxed advantage master limited partnership called columbia pipeline group. up almost 7%. and vista equity buying tibco software taking the company private. the deal is expected to close in the fourth quarter. that's a 21% gain. another volatile day of trading. now down 74 # on the dow. how are traders playing it? that's next. and in a first on cnbc interview, mark hurd is on squa"squawk alley" tomorrow mor. how do you beat the number one seed? you just have to win 70% of your points at net. and keep unforced errors under 10%. on the ibm cloud, the us open analyzes 41 million data points from 8 years of competition to uncover key insights. data can help show you how to win, no matter what business you're in. today there's a new way to work. and it's made with ibm. your customers, our financing. your aspirations, our analytics. your goals, our technology. introducing synchrony financial, bringing new meaning to the word partnership. banking. loyalty. analytics. synchrony financial. enagage with us. thi

the record continues in this in the final midstream. have a bus ticket over by a nine year-old boy in canada. the buoyant boarded the empty bus and drove it two blocks of a truck and another bus. one misstep and from the us open the door and pulled unendurable out. those short lived joyride. the constant thousand dollars damage. general motors is coming to out with automated cars. thrgh 6moreagsrs a ar tn gl use. ev wonr wh gl hol mortougtras th theeadi barin bnd. streth tt sas. let'takeht a an,ch. get rig, d lo forhat'next let'do ts. re sing.ore ing. that theowerf thhome depo ve 2 on y twbags ofcottfertizer nature valley crunchy granola bars give you energy from 1/3 of your daily whole grains, so 1/3 of this commercial is dedicated to what you could do with all that energy. energy for getting dizzy at the beach. wherever morning takes you, take along nature valley soft-baked oatmeal squares. oatmeal. cinnamon. softly-baked. nature valley soft-baked oatmeal squares. is it the biting? ...we need to break up. cuz i can stop? no! i love yo

now we're trying to stop it in midstream. >> charlie: part of the reason they love athletes and entertainerss that they have that, number one -- >> but they've earned it. >> charlie: of course, they have. >> because they have a special talent and they have earned that. but that doesn't mean -- that's not the only way you can be successful. >> charlie: but somebody needs to point to the surgeon, the businessman, the teachers and the social workers. >> there's only about three important jobs in this world -- pleasemen, firemen and teachers. those are the three really serious jobs. hey, listen, sports aren't that important in the overall scheme of life. we have put sports up on a pedestal. hey, my job is, the way i look at it, people to come to this building for two hours a night, if somebody died in their family the last month, one of their kids giving them trouble or they're just having a bad day, for me it's just to make them have fun. >> charlie: come here two hours and forget everything and watch somebody do what he does as good as anybody. >> and for two hours, that's it. >> charlie: take

. >> we turn the ship around midstream, an exclusive interview with the ceo of carnival, and how theyfrom two big mishaps. ons "market makers," bloomberg television. on bloombergng television, streaming on your phone, your tablet, and at bloomberg.com, and now we are also on apple tv. ♪ >> you are watching "market makers." both samsung and apple have released new smartphones. now, it is blackberry's turn. blackberry, they still exist. its new passport smartphone will have a larger screen, and return to the classic keyboard. companyl happen to this if this new phone doesn't sell? john butler covers telecom for bloomberg and television. he is with us from new jersey. john, people need to think modestly about blackberry, don't they? there is no way this country is going to come out with an iphone killer. >> they are not going to come out with an iphone killer. the one thing to remember about him is reallydge instill this in the company itself. he told the employees, we are a company full of assets. they have the qnx operating system for cars. they have a global network of secure servers.

>> this is a company switching midstream. i haven't had a new drug approved since 2003, and merck is moving away from being a pharmaceutical company. of theirl get 60% revenues from the pharmaceutical side but they're moving more toward chemicals and plastic. that is what they get with sigma-aldrich. they make many of the chemicals that go into testing and drugs, they get a big footprint in the u.s. as well. the stock sits at a hundred $40 per share and it closed on friday at 100. that seems like a 40% rhenium. -- premium. in to thes this fit overall strategy? becomings is clearly an industrial giant and wants to be an oil-producing servicing company. they have been eyeing dresser er-rand for some time. i know you have reported extensively on it, it is a veritable revolution. you have a german company wanting a piece of the action. money butis a lot of when you look at what ge paid that was $17 billion they paid a pretty penny on it it is a 37% since the news of the deal started to be recorded over the summer but he gives the

. >> that's how the summit midstream go, go to the market today, 3.7% yield, and buckeye partners have big deal today. you want yield? i'll give you that. buckeye partners, know who it is? set up by standard oil. >> really? >> yep. they finally have so much -- remember all the oil in the country found was in ohio and pennsylvania. they have so much in ohio and pennsylvania, they are bringing it back. >> all back. >> trying to get the show to do it in titusville, but it's a six hour trip. >> shares of apple, off the worse day in seven months, down more than 4% in wednesday's session wiping out $26 billion worth of market cap after samsung unveiled new smart phones and virtual raemt headset ahead of apple's big tuesday event. pacific crest apple analysts recommending taking profit in the maker of the iphone. we'll talking to him later in the show. jim, we heard from so many analysts how the stock trade's down in -- after a product introduction for three months, i think it is. everyone front runs the expected drop that would take place in three months starting on tuesday, and yet i think

whether it's the upstream producers during the drilling and the completion process, the midstream pipeline operators, or downstream retail distributors, e.p.a. is convinced that the industry is willing -- willingly allowing their valuable product to seep into the atmosphere without any concern or awareness. e.p.a.'s methane strategy is part of the president's overall climate change action plan. the agency recently published white papers outlining its understanding of methane leaks in the industry. they were not very impressive. i recently wrote e.p.a. and the white house to express my concern with these papers. i was shocked that the papers seemed to lack any comprehensive understanding of the industry's operational practices. i was also disappointed the e.p.a. didn't consider the manyy regulatory hurdles in place which actually prevent producers from installing the technology and infrastructure that would reduce methane emissions. i'm hopeful that the e.p.a. would take my recommendations seriously before moving forward. so we have two problems. i mean, right now we could be totally indepe

hess midstream. don't have a date, but they're going to trade at the new yoooe stock exchange. for master limited partnerships. let me move on while we're waiting here. still 21.50 on citizens. i just want to talk about kb home. i know you mentioned it, jim. they had a big miss. bottom line and a top line miss. apparently there were significant production delays over in california. this may not have been their fault. just getting permits and everything was fairly difficult. another thing is they're trying to move upscale a little bit. they're trying to sell somewhat higher priced homes. that's going to take a little while. i think this was one of the reasons their order was not that great. only up 5%. higher priced homes, high eer margins. it's the options. that beautiful fireplace where you make real money above and beyond what you would normally make in a lower priced home. you're right about the bifurcation, jim. this is lennar. lennar is the only major home builder up this month. some of the other big names like toll brothers, standard are notably do to the downside. still