david: yes.bviously they'll need weapons, they'll need training, they'll need equipment beyond that. now, again, there are thousands of these forces that have already received that. but this is going to take a good bit more than that. remember how intensive it is in terms of people to hold areas. and we learned that during our previous experiences in iraq. this time we should not be the ones on the ground. i believe that. but we should have advisors down at brigade level. we should have joint tactical air controllers ready to help out additional advisor teams. charlie: this is not just special forces or is it entirely special forces advisor teams that will work with sunni arabs who may be joining the war? david: the core of the advise and assist teams right now comes from conventional infantry brigades and there's an 82nd airborne division headquarters that is over the top of that particular effort. my recommendation is indeed to extend that, not just at division headquarters but to push them to

david? david: you just heard the governor of kansas what he had to say, but do states actually have authority to keep refugees out? joining me the director of immigration and refugee programs at church world service. jen, now that we're virtually certain that one of these tourists came to europe via greece from syria, doesn't the governor have a point? >> well i think that the difference here is if we're talking about someone from syria who made their way to france, that is far and away different than the u.s. refugee system. david: why? >> the u.s. has the most secure refugee resettlement system in the entire world. david: but we have to vet where they came from. that is the point. >> absolutely. david: we don't know if these refugees come here might have similar background with those terrorists involved over there? >> we do know. david: hold on. how do we know? >> we do biometric screening. unhcr, u.n. refugee agency does iris screening. medical tests. interviews with department of homelan

david? david: a meeting of superpowers in air paris as president obama was shaking hands with russian president vladmir putin. they discussed conflicts of syria and ukraine on the sidelines of today's climate summit. president obama repeating his request that putin target isis militants instead of syrian rebels we support. joining me a man that knows vladmir putin's movements as well as vladmir putin does, russian chess master gary kasparov. also author of the new book, "winter is coming." does president obama have any hope getting putin on our side going after isis instead of assad? >> absolutely not. it's a pure stunt. it is about a impression creating they're doing something. same with french president hollande, goes to moscow couple days after a russian plane violating turkish airspace in turkey. instead of showing solidarity with turkey, a nato member, hollande sits there and basically giving putin a green light to keep bombing turkish-supported rebels in syria. yesterday, russian plane

david? david: by the way, older gentleman you saw in the video we just ran, appeared to be bill ayres. we're not sure it is. we're ascertaining whether or not that is bill ayres, old friend of barack obama. we'll keep you informed. jeff flock, thank you for reporting. appreciate it. melissa: we're joined by cme trader todd colvin for reaction what he has been seeing outside of the cme today. what are your thoughts? >> i'm totally for any american who wants to gather and protest peacefully and discuss ways they can make a change in society. but when you take people take day off work to protest those who are working, closing off trying to disturb their business makes no sense to me. this whole protest could be done more differently and smoother pointing a finger at minority of traders that is the global industry of electronic trading in chicago. this could have taken place in any city in the united states. yet they chose chicago because of historical ties to open outcry. melissa: they're talki

somebody asked -- david: what else is new? >> no. i had to get in early, david. david: all right.ee you in the gym, remember but go ahead. >> someone asked him about the jabs is that hurting the party. david: right. >> or infighting is that hurting the party. he described it as jabs. i would say it is not jabs. i think one of the interesting things that donald trump has done is he we're not done with this campaign. he almost obliterated jeb bush. raised the notion marco rubio is too immature to be president. basically called ben carson that guy that makes stuff up. didn't call him a liar. david: it is not just trump but counterpunches from other people. i wonder per the debate will be different? we're focusing on business, business solutions to economic problems of this country has. do you think because of that focus, maybe we won't have so much sniping at each other? >> you want a little sniping because you want some action. we'll get some of that. david: that's true. >> they will have to differentiate. one of the interesting things from economic standpoint, all these guys kind o

david: thank you, mark. prosecutors name direct hackers named against the attack against j.p. morgan last year. cyberg me is a cheap as security officer and any forget of editor of bloomberg who covers white-collar crime. guest: first of all, he used a word that i think is very apt, calling it breathtaking. i think that is very apt. hacking into financial institutions and publications in order to collect all kinds of consumer data against enterprises, including securities manipulation. david: do we have any idea how they found those responsible, how they were able to track them down? being: they were investigated individually at the time, including the one against the trade, and that was being investigated out of atlanta, and they said, wait a minute. another, and prosecutors managed to hone in on the group. it had tentacles around the world, very complicated. there is an israel a component. was flashing through cyprus and swiss banks, and it really has got many, many layers. david: yesterday, they sat down

david karp. thank you so much for joining us. david: thank you for having me. emily: thank you for having this on the schedule. david: i do have a schedule now. emily: now you are part of yahoo!, you have meetings. david: we had meetings before yahoo! this has turned into a pretty major team of 300 people. and a pretty major business that we launched a year and a half ago. emily: tell me about you, where you grew up. tell me about your parents. david: i was born and raised in new york city. my mom was a teacher. she started in the music industry. my dad was a composer. did a lot of work for television, particularly in news. i found myself surrounded by all of this creative technology growing up. in my dad's recording studio, in my mom's work in the recording industry. i remember spending those nights and weekends in the recording studio. it felt like the starship enterprise. emily: when did you learn how to code? david: i learned markup languages when i was about 11 years old to start making stuff for the internet. when i was 13 years old or 14 years old, i sta

david: right. fact that much more of these operations are going abroad, it is not necessarily a sign of strength come up it is terrifying. and the fact that all these people are willing to die is part of the terror. and it makes it so much harder to stop. charlie: seven of the eight were killed, most of them by their own hand. david: and as i came here to meet with you, there were reports there is possibly a ninth at large. we don't know yet. charlie: so what is society to do? which is where the debate is right now. david: of course. taking out outlandish suggestions that we stop all integration of syrians. charlie: or that we close down the mosques. david: just awful. this is the worst kind of demagoguery in the middle of the presidential campaign that we could imagine. let's take the clown car and politics and ugliness out of it. what is even more complex is right now, all the parties involved have such conflicting interests. russia's interest in syria is overlapping with the west in the sense of

david: wow. also an update of the high school student, you might remember arrested for bringing his homemade clock to school, everybody thought he was a bomb, now suing the city of irving texas for $15 million. we had an idea that this was coming. also demanding a apology, has since moved overseas. melissa: interesting. david: yeah,. melissa: the terror threat in new york city. emergency responders simulating an active shooter drill in the subway just days before the macy's thanksgiving day parade. david: also president obama scrambling to restore confidence in the white house's isis strategy. but the top senate democrats says the president's policies aren't sufficient against the terrorist group. melissa: plus another day, another controversy for donald trump in hot water -- sort of. well, for him. but at this point will anything hurt him? jeb bush: we do not have to be the world's policeman. we have to be the world's leader. who's going to take care of the christians that are being eliminated i

david: i do. anthony: how did you go from being locked into a law firm to being a successful entrepreneur? david: if you are always a success, you don' t have a tendency to do anything risky. i did not think i won the first third of life. i talk to young people sometimes to have run -- you have one rhodes scholarships and supreme court courtships and i say that she won the first third of life, the second -- the trick is winning the second third. i was not that a cop was as a student or an athlete. i had to keep working hard. people who keep working hard, if they don' t do it later, they won' t succeed to do anything worthwhile. you need to keep working hard and taking the skills that enable you to be successful and keep applying it. i think you will have much greater happiness in your life if you are doing something worthwhile. one of the complicating things in life if you are successful is -- what about your children? my wife and i have three children who have grown up in what you have -- what yo

david, back to you. david: something crossing the terminal now. the uaw has reached a tentative contract deal with ford. they stated bargaining committee has secured big gains in job security protection in a proposed. tentative agreement more on what this means for ford stock, let's get a julie hyman given julie: julie: at the moment is not meeting a big -- a heck of a lot. shares are up about 3/10 of 1%. it looks like perhaps this was expected. i'm not sure. we will give you more details. david: more on this later. let's go back to the top story. the october jobs report left little doubt the u.s. labor market is back. 271,000 gain in payrolls with the biggest this year and it exceeded all estimates. does this give enough of the fed to get agreement to hike rates later this year at its december meeting? mohamed el-erian weighed in on this earlier today. mohammed: 99%. is in sixe meeting weeks time and things on the international site could get complicated, i would reduce its with the market has priced now which is 70%. david: is the fed ready to g

david, back to you. -- david, back to you. just this week we got the biggest acquisition of the year, $107 billion deal fora rival brew-maker. ceo explains to stephanie ruhle and david westin why the stars aligned these kinds of megadeals. >> that's where most of the action is now. there's not a big increase in m&a in smaller transactions. why is that? most of the companies have the best access to capital. they have the strongest balance sheet, they have the cheapest borrowing rates, their stocks done quite well. there are probably struggling the most to get organic growth. they are so big, how do you get it organically? if it's mega deals that are on tap, is that bad for you, because mega deals complex financing and balance sheet and that is what big banks can provide, and you can't? >> we still get involved in some of them. it's not great for us in the sense that our sweet is probably sort of 500 million. we don't work on small things. work as often on the really huge ones because they do require a lot of financing. you have

david: david -- jim: where is access?nk 18 million car and truck selling rates are certainly present but it is a sign of the consequences of free money, and there are visible fishers and autos in lower quality credit, so that is part of the story, too. back andwant to go talk about hedge funds with a genuine question. we talked about mismatches of liquidity. hedge funds are in it for the long term but they have to redeem. if you look at a hedge fund, if there is a mismatch of liquidity, don't you have a problem? our new basically betting that the market will go up at the right time to cash out? is a little bit of that. when they have redemption, it is wrapped up in their own money invested in the hedge fund. it is important to understand that after jim grant makes the first $200 million, he puts a lot of the balance of his money into his own hedge fund, so it is a behavioral think of not only is your hedge fund challenged with redemption but you are walking your own value go down while you make those redemptions. there is

david? david: we have breaking news.ent obama signing a $607 annual defense bill detroit provisions prevent him from transeeriering gitmo detainees to u.s. prisons. this makes it difficult for him to fulfill his pledge to close the gitmo facility before the end of his term. melissa: get ready to spend the big bucks this year but not on who you might think. amazon is here to say thanksgiving. a last minute item you can purchase online in hour or less. i love it. let's start. david: okay. we live in a pick and choose world. love or like? naughty or nice? calm or bright? but at bedtime ... why settle for this? enter sleep number. don't miss the ultimate sleep number week going on now! sleepiq technology tells you how you slept and what adjustments you can make. she likes the bed soft. he's more hardcore. so your sleep goes from good to great to wow! give the gift of amazing sleep, only at a sleep number store. this week only, save 50% on the ultimate limited edition bed. hurry, sale ends monday. know better sleep with sleep

david: okay.eanwhile thousands of iranians shouting death to america as anti-america rally celebrates 36 years since the iranian hostage crisis. just the latest in a fluory of anti-american behavior all over iran since the nuclear deal was signed. so did the deal actually strengthen the hand of iranian radicals? this was sold to the world by the obama administration, this would pacify the radicals, seems to have done just the opposite. >> absolutely. the opposite has been warning and warning, congress and the administration and entities and media that what the iranian leadership is going to do. it's going to actually have that define begin to receive the money, which is up to $150 billion and change nothing. three of the things that was supposed to change, number one is cut about a being on the nuclear development they go forward and number two change the narrative just mentioned that there are more americans than ever before and number three draw from the region and the aggressiveness and they're

david? david: three words, what a mess, the whole situation right now. peter barnes, thank you very much. at the white house. melissa? >> tensions remain high overseas. gunmen take hostages in a northern french town. officials say it doesn't appear to be linked to terror but a robbery gone wrong. fox news's benjamin hall in brussels with the latest. benjamin? for the port melissa, we're hearing same things from you. we don't know if it is terror attacks. not likely, not sure. we'll keep you updated on the situation. here in brussels for the hunt for salah abdeslam the paris attacker that got away as well as isis cells may exist in the city waiting to commit another attack. there is a wall of silence between the authorities and french people and belgian people here and that is causing tension on streets. raids of sunday yielded very little reward. there were two people arrested of 21 total. only those, one has been suspected of attacks connected to paris. but today mohammed abiri was texted w

david, over to you. david: great point. president mocking gop debate demands at democratic fund-raiser in new york city last night. take a listen. >> turns out they can't handle a bunch of cnbc moderators. if you can't handle those guys -- [laughter] you know, then i don't think that the chinese and russians will be too worried about you. david: joining me now is dan henninger, columnist and deputy editorial page editor at "wall street journal" what do you make of this taunting by the president? >> that is his standard operating procedure. i mean you know he is running for president, which is to say he is running for his third term in the person of hillary clinton and he is using the same technique he used in his two elections which is to diminish and belittle the opposition. david: right. >> make fun of them. but, the lack of self-awareness, saying that they won't be able to deal with putin or chinese -- david: getting his clocked cleaned. even more specifically than that, candidate barack obama, back in 2008, he had a cou

david, back to you. david: mark, appreciate it. ahead to the markets desk where julie has the latest. julie: it looks like there is still some room nation or going through the minutes to figure out what exactly they mean. to affect there is not any sort of new information, if you will, that stands out. just some nuance to what we already know in that there were some dissenting policymakers that said the wording might communicate too strongly to the market that we were going to see, an increase in december. stocks are holding remarkably steady coming off a tiny, tiny bit to where they were before the minutes coming off. you can look at other asset classs to see more of a reaction. if you look at the bond marker, for example, and look at both the short and longer end, you see more of a reaction there. there is the 10-year yield. it moved down a little bit, but still higher on the day, same situation with the two-year taking a leg down in yield, however, it still does remain higher on the day, still seeing a yield of.088%. also we hav

i'm david gura. mario draghi set the stage for the central bank to add more stimulus when it meets in a couple of weeks. he says he is ready to act quickly to boost inflation. will geopolitical risks derail his plan? it doesn't look like anything can stop nike after its most profitable year ever. it announces a 2-for-1 share split and a buyback. but is that a good investment? today, new album drops but it is not available for streaming. can she get people to buy her album the old-fashioned way? julie hyman has the latest. julie: we been stealing -- we have been seeing a rally, and the volatility we've been seeing lately, volume down great slightly from the 10 day average, down about 1.6% for the s&p 500. it is a witching day, which means the periodic expiration of futures and options contract, which tends to cause more volatility and volume, but there's no sign of that for the moment. major averages are up in the neighborhood of about .5%. that's as we go through the session. i want to return to what

david: i had candy duty. my 13-year-old son roamed the neighborhood, i hope not causing too much mischief. stephanie: saturday night i went to heidi klum's party. thean talk about this for next three hours. but you would like some news. vonnie quinn is not here today, but david gura is. that: the russian airline crashed into the egyptian all 224 people on board., and experts say the plane appears to have broken up in flight. hasurkey, president erdogan solidified his powerful since that his power since 2019 -- his power through 2019. his party regain the majority lost in an election five months ago. turkey's benchmark stock index rose 5% in response, and the turkish lira stored -- the turkish lira sort. paul ryan made the rounds on sunday talk shows. he says the republicans will be a more focused and productive force. he promised a clear agenda on the economy, health care, and foreign policy. 2.5 hours, even after the news on the china come interesting that week manufacturing data in asia does not drive us do

david. a couple of things, traders believe markets were oversold last week of the attacks on paris happened on friday evening. gave investor and markets time to digest everything going on over weekend. we saw world markets opening up on monday there was no panic. dow started slightly lower at opening bell. all the money came in. to melissa's point, energy leading the way. oil doing better. sector as a whole up 3%. exxon and chevron up 3 and 4%. they led gainers on the dow today. we also saw the defense sector moving higher in relation to what's going on. lockheed martin, one of the standouts in that section. raytheon and lockheed martin up 3%. airlines across the board down. delta down 2%. priceline and expedia also down. concerns what has been going on in paris will hurt tourism and people's travel plans going forward. david: ashley webster at nyse. thank you very much. reporter: my pleasure. melissa: back to our top story. france is at war. french president hollande is vowing to ramp up at

i head it to david and medical list. david: thank you, liz. why the fox business was great were issues that affect your lives and were front and center. we have karl rove and our own bret baier. melissa: on this veterans day we're taking a look at the crisis at the va we're now learning nearly $150 million was paid out in bonuses there amid all the scandals. david: some of the people that got the money deserved it the very least. [closing bell rings] we get to the stocks, slide the close on wall street. we see all red as a kay -- day. goldenedded bad but this lowest level in gold we've seen more than five years. bad day for the gold bugs. melissa: wow. while markets wait for tomorrow here is what he need to know. results on fox business were big success. cnn says no debate over fox business. moderators better than cnbc. "daily beast," fox debate earnings rave reviews. very nice. reince priebus, tweeting, that, cnbc, is how you run a debate. david: that's nice. melissa: debate shattering rates record for fox business network. 13 1/2 million tun

david? david: isis has released a new propaganda video celebrating last week's deadly attacks in paris saying they were just the beginning. in the video isis also threatens to commit future atrocities in new york's times square. elizabeth macdonald standing by with details. the head of the fbi was just speaking. what is he saying. >> he says there is no connection between the paris attacks and any activity here in the united states. james comey, speaking moments ago, the director of the fbi, did a briefing with media along with loretta lynch, the attorney general. mr. comey said essentially they are worried about lone wolves here in the united states inspired by isis over the internet. both of them said they are working round-the-clock through the holiday season. listen to news that broke moments ago from the top law enforcement officials of the united states. >> the threat here focuses primarily on troubled souls in america who are being inspired or enabled online to do something violent fo

david: thank you. let's get a check from the bloomberg first word news. work has more. mark: thank you. -- excuse me,a following weeks have pressure the president of the university of michigan has stepped down. in their first face-to-face meeting, president obama and the israeli prime minister says they have not given up on the pursuit of peace in the middle east. the two leaders spoke at the white house is violence in the region continues. at the prospect of the deal between the israelis and palestinians appears elusive. >> i also will discuss with prime minister has thoughts on how we can lower the temperature between israeli and palestinians, and how we can get on a path towards peace. mark: the relationship between the two men grew cold over the u.s. back to nuclear deal with iran. following than meeting with prime minister the president promised a full investigation into an attack in jordan today that killed doctrine people, including two americans. u.s. officials said today that those killed were

david? david: with tensions like these rising, in the wake of the paris attacks there is growing concern over potential u.s. attacks during the holiday season. while there have been no concrete threats issued, fbi is ramping up their efforts and warning citizens of threats and height enviable lance in advance of the holidays -- vigilance. our own elizabeth macdonald is joining us now. elizabeth you have info from the fbi. go ahead. reporter: when the attacks on the raqqa highway, from raqqa to ramadi occurred, law enforcement reported how of that bombing occurred in the middle east, what happened was the paris attacks ensued. there is concern as bombings increase on isis they will activate sleeper cells elsewhere around the world. we know there have been five dozen isis sympathizers here in the united states that the fbi has charged. so you're right, the fbi is saying they are on heightened alert. there is no specific threat but they are modeling and doing, what are called dry runs, sort of

david? david: peter barnes, thank you very much. melissa? melissa: hard to believe, next week is thanksgiving, one of the busiest travel times of the year. 47 million americans are expected to travel this holiday season. how safe are americans with terrorism -- when terrorism is falling out of control throughout the middle east and europe? and the isis warning in washington, d.c., new york city. we worry that could be next. doug mckel way joins us from d.c. to see what is done to secure travelers? >> reporter: you mentioned that number, 47 million travelers is remarkable given the terrorism threat as is the number of americans expected to fly over the 12 day thanksgiving holiday. 25.3 million passengers according to the trade group airlines for america. that's the highest number since the great recession. what makes it remarkable is americans have become aware of the limitations of the tsa. in tests last may, you recall contraband, including bomb-making material got through security 95% of t

david. david: back to politics. donald trump on maria's show this morning answering charges from a "wall street journal" editorial that says he is most protectionist presidential candidate since herbert hoover. here is donald. >> they're wrong. i'm not protectionist. i'm a free trader but we need short people to make the deals. david: chris wallace, host of "fox news sunday" joining me with his take on the donned ace views. chris, he is a protection it or not? >> he says he is for free trade and hasn't met a trade deal in long time he likes. he undo nafta. he would defeat the tpp. so, he may be for free trade you about he doesn't like trade deals. david: here is the irony with donald trump. he is a globalist by trade. look at his operations. he has practically as many operations abroad as he does here. he knows the importance of free trade as a businessman. and yet, i'm surprised it doesn't translate better into his policy prescriptions? >> well he says, you're exactly right, david, that he likes the idea of free tr

i'm david gura.ook at some of the biggest business stories in the news right now. rival f kubela's after bass pro shop is considering a bid. the move followed a move by the investor for the company to explore its options including a possible fail to a competitor for a private equity firm. anthony allen and anthony conti worked in the firm's london office were accused of joining in a four-year scream to rig the london inner bank. they were both found guilty of all charges. a former broker admitted he stole $20 million from customer accounts and used the money to pay his own bills and pay investments. he pleaded guilty in manhattan federal court to securities fraud and embezzlement. no word yet on settlement. you can always get more business news at bloomberg.com. let's head to markets desk where julie has a check on company ubers. joe: in retail, a lot of retail earnings today, ralph lauren upped the most in a single day in 15 years, 16% gain for the company after its latest earnings report. profit be

♪ david: welcome back.ime for the bloomberg business flash, a look at some of the biggest business stories in the news. morgan stanley is said to be having job cuts totaling as much as 25% of company personnel worldwide. people say the cuts could come within the next two weeks. bond trading revenue fell over 40% in the third quarter. target is struggling to handle a surge of e-commerce traffic on cyber monday. the retailer has been unsuccessful for some users. it comes at a bad time for target as it makes a bigger play this year for all my customers. customers are placed in a queue as the website experiences spikes in traffic. the governor of puerto rico says the island has not decided whether to skip bond payments due tomorrow. it is said that puerto rico is still an negotiations with creditors. the u.s. senate judiciary committee will hold a hearing tomorrow on puerto rico's fiscal problems. you can always get more business news at bloomberg.com. let's go back to the markets desk for a check on some compa

david: i'm wondering about oil. julie: oil doesn't seem to be as affected by the ellen commentary, trading on the weekly oil inventories. we saw a build in inventories in the u.s. for the sixth week in a row. seeing a decline in oil prices of about 3%. affect onving an energy stocks. it is the worst-performing group today, pushing down chevron and on. there is the case of chesapeake energy, beating analyst estimates. the company is writing down the value of its oil and gas assets. that write-down is bigger than the company's entire market cap. david: thank you very much. let's get a check of the headlines. rami: we start with violence on yet another college campus. officials at the university of california say five people were stabbed today before the suspect was shot and killed by police. all five victims were taken to a local hospital. the u.k. is suspending flights over sinai sing the russian jet crash may have been brought down by explosive device. egypt's islamic state group affiliate claims it down that plane.

david, back over to you. david: a big day of dealmaking. these of's ceo believes the deal is all about global growth. this transaction does create a truly integrated global leader ont allows us to capitalize opportunities and we believe it expand cost efficiencies associated with transactions. david: joining me to speak about have our guest and our deals reporter. let's start with the visa deal. walk me through the history. why did these companies split and what brought them back together? >> there was an idea that regulatoro much regula scrutiny. there was an idea that they would be slightly further behind. i think it is owned by something like 3800 different banks are in steak senate. and the idea now -- you put them back together, you improve the overall profile. you do not have that european peace lacking. now they have to go to the anti-trust process. david: bob, how big a hurdle is that going to be? two companies missing activity right now, frankly the regulators are overloaded. they may get some benefit from that. very difficult to s

i'm david durant. -- david gura. -- emissionsions scandal is not over. the company had another 800,000 cars that showed in regularities. each be a one delivery and a new generation of tv viewers, and while climbing to a two-week high. is this a good time to buy? if it is, and warning what could happen if you actually buy a barrel of oil. first, let's head to the markets desk where julie hyman has the latest. here, thecks rally s&p 500 is less than 1% away from its record now. not huge gains across the board, but enough to inch closer to that record level. you take a look here, the dow is the best performer. i want you to take a look at why that is. the best-performing stocks individually within the dow include visa, which is bouncing back after declines yesterday on the announcement was going to buy lisa europe. it's up by 4%. exxon mobil rising along with oil prices. if you look at the s&p 500 energy index, it's up for the fifth straight day. rallying along with oil prices. oil seeing him again today that more than 4%, bouncing back when it comes to rec

so from one david to another, take it away. david: thanks very much to the other david. moynihan. thank you for joining us. oynihan: good to be here. david: we are talking about cyber risk and how much that is on your mind. give us a snapshot. what will you do to manage risk? mr. moynahan: we are good people. we are willing to spend the money because it is our customer. have a good governance process with how we behave internally and how we manage the risk, and we have done a great job of staying ahead of it, but you always have to move forward and think about what can happen next. david: and it is not just a mechanical problem. it is not just machines. it is people. han: it is people, how people use devices, how people go out in the world. personal hygiene. it is like nothing else. you have security cards to get into the building, and then we have to have great security. we have to have a set of rational policies, but you have to be very disciplined about it, and then you have to invest the money to make it work, and on the rare occasion it does not work -- in the south

david: thank you very much.et's get a check of first word news. obama will veto a republican proposal to tighten screenings of refugees. the house of representatives 89-137,he bill to sustaining a veto. it would block syrian and iragi refugees from entering the united states unless law enforcement and security officials tell congress that the refugees are not a threat. the white house says that would not increase u.s. security. arrayed by french police, a house 145 miles east of paris. they were looking for anything that could be linked to jihadi networks or illegal weapons, this after the parliament extended the state of emergency that allows police raids, emergency's, and house arrest without permission for a judge. it will now be approved by the senate on friday. president obama and the french president has spoken again about the paris attacks investigation. they will meet next week at the white house to discuss the fight against as a mcstay. mr. obama will head to moscow for a meeting next thursday with vlad

i'm david gura.'s get the word news with mark crumpton. one of three brothers a link to the carnage in paris is speaking out and expressing disbelief that two of his brothers were involved in the violent that left 129 people dead. he spoke to reporters today. i cannot tell you why, i cannot tell you how they did what they did. we are an open-minded family. we never had any problems with justice, and you also must understand that because of the tragedy, my parents are in shock and do not quite realize what has happened. his brothers died after detonating a vest in a suicide bombing, and the other is a fugitive and a suspect of a manhunt. president francois hollande says he will ask parliament to expand the state of emergency which would expand police powers and limit public gatherings. today he outlined details about products assault. -- friday's assault. >> what happened on friday was something that was decided upon, that was planned, in syria. it was something that was organized in belgium. and it w

that brought me to david. will not turn back on my faith nor turn my back on david. >> like my best friend. like a mother/friend figure. she is a lot older than me. her presence with me is comforting. >> nobody understands us. >> nobody. whatever. >> they never will. that's okay. judge, most people don't understand themselves. i haven't had a relationship like that. it's good. healthy. it works for me. >> no more tattoos on your face. >> two. >> no. come on, david. you look like a freak. >> she's been there from day one. some of my own friends haven't been there because of the severity of the crime. they knew my girlfriend. people got excuses. >> goodell told judy about his interviews with lock-up. >> what is honest about the situation and how i felt about it. it's like, what am i going to do? you want me to lie to you? not going to do that. there is nothing nice about murder. >> no. there is a lot of nice about you, david. you could have shown those parts. he told me very explicitly what happened. almost too

david: -- mark crumpton. david: i want to go back to the markets desk. julie hyman with breaking news. julie: we reported earlier air looking is looking to buy airgas. i am at the last trade -- 114 $114 40 -- $114.04. it looks like the enterprise value of video, $13.4 billion, it will create the largest maker of industrial gases. airgas shares are halted. the 7.4% gain was on the story saying that the two were in talks. we will you know when the shares opened up. presumably, we will see a list in the shares when they open up now that we know the details of the transaction. scarlet: today -- david: thank you. a labor department report showed that consumer prices, excluding food and fuel rose in october as rent continue to climb in health-care costs rebounded. a second report showed factory output increased in october as producers turned out more billing supplies and vehicles. for more on how the day fits into the fed puzzle, we are joined by carl riccadonna, and michael regan. carl, let me start with you. the headlines there -- dig deeper -- what did we l

i see him almost like a son and i see a very different david and that the david who committed the crime. >> coming up, the woman who took david goodell under her wing. but first -- >> i noticed a door open and one of my best friends from high school, mother walked in. and his brother walked in, right after. >> while covering the sentencing of a convicted murderer, a lockup field team discover as shocking personal connection to the case. i could feel our deadlines racing towards us. we didn't need a loan. we needed short-term funding fast. building 18 homes in 4 ½ months? that was a leap. but i knew i could rely on american express to help me buy those building materials. amex helped me buy the inventory i needed. our amex helped us fill the orders. just like that. another step on the journey. will you be ready when growth presents itself? realize your buying power at open.com suffering from ringing in their ears, there's no such thing as quiet time. but you can quiet the ringing with lipo-flavonoid, the number-one doctor-recommended brand. relieve the ringing with lipo-flavonoid. love o

>> i'm here to see david goodell. >> one of his biggest surprises came in the form of david goodell. >> 7:00. >> okay, thank you. >> you can have a seat. >> david and i are friends. i'm kind of like a mother to him. i see him almost like a son and i see a very different david than the david who committed the crime. >> coming up, the woman who took david goodell under her wing. >>> but first -- >> i noticed a door open and one of my best friends from high school, mother walked in and his brother walked in right after her. >> while covering the sentencing of a convicted murderer, a "lockup" field team member discovers a shocking person connection to the case. ♪ ♪ ♪ geico motorcycle, great rates for great rides. start looking for a house? oh did you see that listing on zillow i sent you. you see that bathroom? did we just decide to buy house? i think so. yay! find your way home. zillow. if you have moderate to severe ...isn't it time to let the... ...real you shine... ...through? introducing otezla, apremilast. otezla is not an injection, or a cream. it's a pill that treats plaque psori

more with david stockman and david cohen, next. ♪ matt: david stockwell -- stockman is still with us.cs would have worked if it had been -- it was mainly proposed and not very much implemented. we had way too much increase in defense that put the budget into deep red ink. we had a tax cut we did not hold. we deregulated energy but not a lot of help, so therefore it is a great theory that remains 30 years later, still untested. question, a tutor given your experience under president reagan, running budget deficits, what do you think of u.s. fiscal policy? david: deficits become addictive. i left because i could not justify what we were doing. a tax cutade too big and too big a defense increase, but you could not get politicians to change course. that is where we are 30 years later, neither party will give any ground and what we have? $19 trillion in national debt and a 1981 we had $1 trillion in debt. now, politicians think that the debt is free. the weighted average cost on view,s 1.75% and in their it's a rounded error, it is not frightening. when we to go over in 1981, interest rate

david: david begnaud, cbs news, colorado springs. elizabeth: dear will make his first court appearance today by video. we're learning more about dear's criminal history. investigators say he's been arrested for animal cruelty and peeping. before moving to colorado springs dear lived in south carolina. his former neighbors there say he kept to himself but lived with a woman. now one neighbor wonders what led up to the shooting in colorado springs. >> there's all kinds of people out there and evidently he took it to the extreme. you can't do much about it except hope and pray and give my condolences to people in colorado. elizabeth: dear owned property in south carolina and deputies say he called police many time -- many times on his renters. eric: right now, pope francis is in the final stage of his peace trip to africa. the pontiff was greeted by cheering grounds in the central african republic sunday. his goal is to ease tensions between muslims and christians after years of religious violence. the pope led a mass urging people to f

david: thank you.ow let's get a check on the bloomberg first word news. mark crumpton has more from our news desk. president obama says islamic state cannot be tolerated and must destroy. he says the u.s. and france must do that together. mr. obama spoke after an oval office meeting with the french president. president obama says he and mr. hollande. .ust do more together the attacks that killed 130 in paris were an attack on the world itself. hollande will be in moscow on thursday. a u.s. official and a nato diplomat confirmed the plane was in turkish airspace when it was shot down over syria. turkey says the pilots ignored repeated warnings that they were in violation. putin said there would be serious consequences. this is an incident between the russian and the turkish governments. this is not an issue that involves the combined joint task force. the russian foreign minister is canceling a scheduled trip to turkey. he was due to visit there tomorrow. belgian authorities are chargi ng and suspect wi

david: nordstrom way down today. they were out in front on converting that brick-and-mortar to online. they came out with numbers that completely disappointed analyst estimates. shoppers just are not coming. when you are doing everything right online, you have to have the products that people want and the customers who are looking to pay for it. it has been a real challenge for all these companies. walmart has been spending billions and it is still just a fraction of what amazon is. that is overshadowing a lot of downward trends in retail. what role as amazon playing? >> it is now an issue for ever retailer. not just for bookstores or people buying diapers online. the number of products you can get on amazon, well over millions -- it is a problem for ever retailer. lands end, people going there to buy a coat or boots rather than going into a store. amazon's u.s. sales were $80 billion. that is money that pre-amazon would have been going to all these other retailers out there. david: these numbers do tend to fluctuate

david: thank you very much to david kostin.ck, we speak to the former president of belgium. ♪ >> welcome back to "bloomberg ." we had to matt miller with a quick check of the markets. matt: we look at futures. they have been down on concerns of geopolitical heat from the middle east. accusations of that turkey supplies islamic state with funding via purchases of oil. s&p futures down 13 points. mini contracts down 106. those accusations, from vladimir putin and have not been confirmed. look at the dollar. the dollar weakness causing euro strength. you see 1.069. not the strength we have seen as bell. towards the opening crude oil shown strength all morning. orther you look at brands west texas intermediate. up 3%. $43.01 a barrel. $40 overis dip below the weekend before trade open. the 10 year. investors piling into 10 year debt. yields swung up earlier but they have come down. we are a leg up in the yield. investors selling off the debt as we prepare for open in about one minute. >> since the terror attacks in isis, the eu

david: gary? >> yes? david: is there any way you buy into this stock in i mean it is cheap, isn't it? >> but let me just say this. i use two words when i look at market, that is relative strength and how is that stock performing versus the market. i want the stock thats are leading markets up. if you look right now, very, big, big, cap market. facebook gaps up on earnings, google, amazon, gap up on earnings. they're leading the markets. those are stocks i want to look for. i don't want a stock drawn up by the market. it doesn't make the grade for me. melissa: let me jump in there for a second as somebody that could be assumed their products lately. talking about new offerings on netflix. my kids have plowed through all of those. series on "turbo" they watched yesterday. "mr. peabody & sherman." we were all over that. endless need for content on netflix. you need any tie to character kids already know. seems like there is an opportunity for them right here because the kids consume stuff so fast on netflix

david: i am -- stephanie: i am stephanie rolled. david: i am david westin.ith first word with vonnie quinn. tonie: u.s. expected announce kind of security steps for u.s. flights after the crash of the russian jet in egypt. thousands of british tourists are returning home. they were stranded and eight suspended flights to the area where the jet crashed. andeast 15 people are dead more missing after two dams burst in southeastern brazil. it happened yesterday at an iron ore project. they feel the water that flooded the towns are tainted with mining residue. on theabout half an hour latest reading of the u.s. job market. economists think u.s. payrolls grew last month by 185,000 or so. bloomberg openview the report at 8:30 eastern -- bloomberg will review the report at 8:30 eastern. you can get these stories and more at bloomberg.com. matt: some company stories today, we have been talking about disney coming out with earnings beat, but revenue was $13.5 billion and they were looking for $13.6 billion, so kind of a mess because of park revenue. shares trading dow

>> i'm here to see david goodell. >> one of his biggest surprises came in the form of david goodell. >> 7:00. >> okay, thank you. >> you can have a seat. >> david and i are friends. i'm kind of like a mother to him. i see him almost like a son and i see a very different david than the david who committed the crime. >> coming up, the woman who took david goodell under her wing. >>> but first -- >> i noticed a door open and one of my best friends from high school, mother walked in and his brother walked in right after her. >> while covering the sentencing of a convicted murderer, a "lockup" field team member discovers a shocking person connection to the case. is that you can create wealth through capital appreciation, and this has been denied to many south africans for generations. this is an opportunity to right that wrong. the idea was to bring capital into the affordable housing space in south africa, with a fund that offers families of modest income safe and good accommodation. citi got involved very early on and showed an enormous commitment. and that gave other investors confiden

david co -- david: this is a small player.t: compared to garmin they are small, but riding with uber often lately, drivers are not using the navigation systems, whatever they have on the dash. they are using their iphones because everyone uses waze. while it has boosted the stock significantly, i fail to see how much they are going to gain because most uber tribes will just use a phone. disclosure, 10 years ago -- cory: folders closure, i was full disclosure, i was short 10 years ago on garmin. carmen was the dominant provider for personal navigation devices in europe. sorry, garmin was number one in the states. it is an interesting company. but not owning the map information. the map information is owned by tomtom. audi and bmw came together to buy it because it is all about the software, all about the data. matt: i mean, that is an interesting story and other countries will use mapping systems. but the question is, for me, how many of these pnv's will be sold? i cannot see a future in that. stephanie: nobody go anywhere. we