mook: eric schmidt has given me similar architectural advice. host: what did he tell you to do? mr.ook: it is actually the way i like my offices. we have a very open office. very energetic, very busy. one of the best parts is that the view is shared by everybody. ms. palmieri: we have a great view. mr. mook: beautiful view. very private -- very vibrant. i guess i am famous -- i like to have a lot on the walls. we have pictures of our volunteers, people in part of our can take -- campaign. host: countdown calendars? mr. mook: countdown calendars. host: tell me about the department signs. mr. mook: what we love about our logo, which has been hotly debated -- host: what is the logo? mr. mook: it is the hillary for america logo. it has a great space that you can fill up with all kinds of things. we challenged our departments to come up with different locals. so when you come in our office you see different versions of the logo and a little slogan. so, when you come in you can see where everyone is. it is fun. host: what is one of the memorable slogans? ms. palmieri: the slogan for commu

mook: eric schmidt has given me similar architectural advice. host: what did he tell you to do? mr. mook: it is actually the way i like my offices. we have a very open office. very energetic, very busy. one of the best parts is that the view is shared by everybody. ms. palmieri: we have a great view. mr. mook: beautiful view. very vibrant. i like to have a lot on the walls. we have pictures of our volunteers, people in part of our campaign. host: countdown calendars? mr. mook: countdown calendars. host: tell me about the department signs. mr. mook: what we love about our logo, which has been hotly debated -- host: what is the logo? mr. mook: it is the hillary for america logo. it has a great space that you can fill up with all kinds of things. we challenged our departments to create their own logo so when you come in our office, you see different versions of the logo and a little slogan. so, when you come in, you can see where everyone is. it is fun. host: what is one of the memorable slogans? ms. palmieri: the slogan for the medications is sources close to the campaign. host: when

mook: eric schmidt has given me similar architectural advice. host: what did he tell you to do? mr. mook: it is actually the way i like my offices. we have a very open office. very energetic, very busy. one of the best parts is that the view is shared by everybody. ms. palmieri: we have a great view. mr. mook: beautiful view. very vibrant. i guess i am famous -- i like to have a lot on the walls. we have pictures of our volunteers, people in part of our campaign. host: countdown calendars? mr. mook: countdown calendars. host: tell me about the department signs. mr. mook: what we love about our logo, which has been hotly debated -- host: what is the logo? mr. mook: it is the hillary for america logo. it has a great space that you can fill up with all kinds of things. we challenged our departments to come up with different logos. so when you come in our office you see different versions of the logo and a little slogan. so, when you come in, you can see where everyone is. it is fun. host: what is one of the memorable slogans? ms. palmieri: the slogan for communications is we are too cl

eric schmidt was attending the conference.ar owners want to be in control of their own data and not subject to monitoring. next march, you will be able to buy a mercedes that says -- does some of the driving. drivers will still need to have their hands on the steering will. the system will not be able to handle sharp turns by itself. those are your top stories. that is terrifying. h sbc. new strategy for off turkey andg brazil. cutrt gulliver has already thousands of jobs. let's bring in our perdition banking reporter who is in london. richard, 50,000 jobs in total. that is going to disappear. reductiont's a huge out of 250,000 worldwide. they're going to get rid of about 25,000 employees through job cuts and natural attrition. they are also going to be reducing to play 5000 staff hsbc in brazil and turkey. erik: why now? has already taken some hard decisions. why did he wait this long for 50,000? been facinghas pressure from shareholders. they say that they are not in turning enough revenue for investors. they are seeing lowe

google chairman eric schmidt was at the conference and audi said they wanted to not have their data seto marketing. revamped mercedes e class sedan will have a self driving system that can go up to 80 miles an hour. drivers will still need to have their hands on the steering will. ableystem will not be i to handle sharp turns by itself it those are some of the top stories is monitored -- this morning. pimm: coming up in the next hour, amazon thinks outside the box am a literally. giants thinks a the animated movie "minions." and his voicemail even necessary anymore? and bloomberg business talks to tampa bay lightning owner jeff minnick about hockey. that and more coming up on bloomberg market day. olivia: we are looking at equities been european stocks are down for the six day. 's benchmark in frankfurt is often percent from its recent high. the dow gave up its games from the recent highs. our next guest says that they will continue to move sideways, but the bull market still has room to run this year. pimm: julian manual is here with us right now. give us your prognosis for what happen

perhaps google, he knows eric schmidt very well.have views on who should be twitter's next ceo and what kind of engine will best individual that needs to be. he met with dick costolo in washington. he is a huge fan of james murdoch. in fact, he is the first person to have publicly endorsed james murdoch as rupert successor. if anything, he most likely feels that rupert waited too long. brendan: i want to get your read on the last 24 hours of what has been going on with twitter. the argument that we have having on the desk all morning is that top keeps talking about revenue. they need to figure out a way to make revenue. the thing that they are doing ok on revenue. they can grow because twitter is too hard to figure out. where do you fall on that? josh: i think it is aerik: i think it is a relevance problem. brendan: what you do you mea? josh: i don't think it's relevant to the people living to talk to. young people are not using twitter. they are using snapchat. twitter is relevant to us. i'm sorry, folks. we don't matter anymore. t

stephanie: not for a tech entrepreneur, maybe it will be great but eric schmidt clearly a value but whats it simon cowell know about tech? boy bands, i will give you that. and surgery for double chins? double no. erik: nonsurgical. stephanie: i have a nonsurgical solution -- eat less and exercise. it is summer, get outside. the financial sector expansion into falling economic growth and inequality. we will be hearing from the oecd chief economist at the man -- catherine mann, next. ♪ stephanie: there you have it. look at that live shot of london this morning. looking good. beautiful here in new york city and that is where we are this morning. we are talking too much lending, particularly from banks. a negative impact on economic growth and in a wallaby. that is what the organization for economic cooperation and development found in a brand-new report looking at ways to restore a healthy financial sector. captain mahan's chief economist at that oe pd and she joins us now from london. catherine, what is your big takeaway and punchline at this report? catherine: finance is good for growth t

. >> and google went up and hired eric schmidt and happens over and over again.3.7% $30 a share on twitter, not exactly a pop. every investor is thinking can they turn it around? >> every investor is thinking hey let the takeover happened this weekend. forget about it fixing and making money. every investor-- the stock as 53 a deal was eminent to google. new york times put out a piece, it's not going to be imminent that took the bloom off the rose. stuart: come in john layfield. you say the company has been liberated. what kind of company do you want twitter to become? what kind of company can it become? >> i think they're headed the right direction. the question is monetization. and charles was right. the problem was follow through and everybody is going to muhr muhr-- meerkats and periscope. nielsen is factoring in twitter, but the question is how do you monetize 300 million users and once you take out the ceo the problems are there. the in ex-- next guy may come along, but the whole thing is monthization. >> you'd love to takeover wouldn't you? >> i think it w

. >> associate warden eric ivey has decided to send schmidt a message. >> we pull him out, i want toim in the chair because i want to have a little talk with him. >> ivey instructs the jail's special response team to extract schmidt from his cell and place him in a restraint chair for a face for face meeting. >> let this guy know that we're not going to play games. he's not going to have us run around all day with his nonsense. they examined him a couple times. they deemed him to be behavior. which means basically he knows what he's doing and he's trying to manipulate us. >> step back with your feet. don't move! behind your back, behind your back. >> why are you guys so nervous? bunch of [ bleep ]. [ bleep ] [ bleep ] straight [ bleep ]. all right, see you, bitch. [ bleep ] with the wrong president, idiots. secret service, take him out afterwards. what's up? what's going on with you? >> nothing. it's your guys' crooked-assed system, so -- >> okay. i'm just concerned about the way you're behaving since you've been here. >> what was i doing wrong? >> there was an issue, from my underst