lucy liu, everybody. "kung fu panda 3" is in theaters everywhere january 29th and "elementary" airs thursdays at 10:00 p.m. on cbs. right back with music from flo rida. [ cheers and applause ] >> jimmy: our musical guest impressive 100 million singles worldwide and currently has the number one song on the itunes hip-hop chart.ng "my house", with a give it up for flo rida! e ] open up the champagne pop hey it's my house come on turn it up ock on the door and the night begins cause we done this before so you come on in e yourself at my home tell me where you been pour yourself something cold baby, cheers to this t. sometimes you gotta stay in and you know where i live yeah you know what we is stay in in welcome to my house baby take control now down we don't have to go out welcome to my houseloud show me what you do now dy say! what? come on, hey! my house >> you heard me. my house morning comes and you know that you wanna stay close the blinds that the time has changed keep our clothes on the floor open up

wheree you're wondering betty liu is, she is at the new york stock exchange.he will sit down with peter hancock, ceo of aig. willater, hank greenberg also join her. an action-packed day for the stock, the company, the capital structure. stay with us on "bloomberg markets." ♪ morning.d i am matt miller in for betty liu. it is time for the bloomberg business flash. the housing market is still on a roll paid in november, home prices rose 5.8% in 20 u.s. cities, the fastest pace in a year-and-a-half according to the case shiller index. prices in michigan up more than 11%. chicago had the smallest increase at 2%. dupont forecasting lower-than-expected earnings. it is dealing with weak demand for agricultural product at a strong dollar that hurts overseas sales. ohiohird-largest bank in has agreed to buy firstmerit. 367 branches in ohio, michigan, wisconsin, and illinois. that is your business flash. another big corporate story is aig. the ceo peter hancock outlined his vision for the insurer this morning amid pressure from carl icahn to split up or so assets. the k

lucy liu. and performing his new hit single "my house," we have music. the whole album's great. flo rida is on the show tonight! [ cheers and applause ] >> jimmy: he's great. this is a fun show tonight. guys, we did a cool thing or fun thing the other day. we set up a camera downstairs here at 30 rock and we asked parents if they wanted to bring in their kids to get a picture taken for a new nbc website called "nbc online preschool playroom." total lie. [ light laughter ] what they didn't know is that me and a bunch of characters from "sesame street" were going to sneak up behind them and photo bomb all their photos. it was super fun. check this out. >> oh, boy! oh, boy! oh, boy! >> hey, guys. guys, guys, guys. >> yes. >> jimmy: we're doing a photo bomb. you know what a photo bomb is, right? >> yeah, yeah, yeah, yeah, yeah, yeah. a photo bomb is when someone takes a picture -- >> uh-huh. >> mm-hmm. >> -- then we go up in the background and surprise them. >> uh-huh. >> and then they don't know t

i'm betty liu. the world's because companies reported quarterly earnings. begins with apple who reported a drop in sales for the first time since 2003. bloomberg tv asia took a deeper look. >> they are also affected by the slowdown in china, right? >> absolutely. >> how big of a problem is it for apple? >> they are relying costs on developing and china. looked to china as that little bit of an extra boost. it is a time when people go buy a present for themselves, or presence.veaway we have seen that austerity going on in china. we don't want to throw money around too much. nationalisticed things to buy chinese products. these chinese products. people are being patriotic to their own goods. add in the economic pressure that we are just starting to see. a slowdown in china is not good news. there are all of these things impacting. it is really hard to look at this quarter and what apple is telling us, and see any positive signs this year. if there is an upside, is the kind of knew it was coming. >> fa

lucy liu, everybody. "kung fu panda 3" is in theaters everywhere january 29th and "elementary" airs thursdays at 10:00 p.m. on cbs. we'll be right back with music from flo rida. okay. so right now, everyone is saying, "hurry! you gotta get fios." but why? well, because there's never been a better time to get a greatdeal from fios, only fios has speeds from 50 to 500 megs. because your devices run better on a better internet. and for just $79.99 a month online, you can get 50 meg fios internet, tv and phone for yourfirst year. plus with a 2-year agreement, fios gives you $400 back, and all of the premium movie channels for a year. this is your last chance. offer ends january 16th. [ cheers and applause ] >> jimmy: our musical guest tonight has sold an impressive 100 million singles worldwide and currently has the number one song on the itunes hip-hop chart. performing "my house", with a a little help from the roots, give it up for flo rida! [ cheers and applause ] pop hey it's my house come on turn it up h

i'm a betty liu.ng bluebird television. ♪ francine: welcome to bloomberg's davos debate. i am francine lacqua. where is the chinese economy headed? with the new five year plan being presented in 2016, how can the world's second-largest economy shift gears without stalling its growth engine? and what does all the market volitility tell us about the perception of china, and the task facing chinese regulators? well, we have, i am pleased to say, an a-star panel. thank you so much for coming on. jiang jianqing, chairman of the board of the industrial & commercial bank of china. chst

i am betty liu.elcome to "bloomberg best." the mostlook at important business news, analysis, and interviews from bloomberg television around the world. market volatility continued this week with investors looking everywhere for signs of stability. but as we take a day-to-day look at the top headlines, the dominant team is change. >> twitter shares are tanking down almost 5% after the company lost for key members of its executive leadership team. kevin we'll had a product could ask for head of engineering, head of media, and skip shipper, vice president of human resources could what we know and what don't we know? there's also a board shakeup coming. >> we know for sure these people and left twitter and they announced . there is a fifth person this week. we know that there adding to onbers to the board based information from sources. we also know they are getting close to hiring a cmo. >> in any ceo transition, you see this in pretty much every company. the fact is this is twitter. it lives in a publ

i am betty liu.peaking of the markets, let's check on where they are as we are 40 minutes way from the close of trade. the s&p high at the open, following the global rally around the world -- is that redundant? take a look at the dow, same pathway for the dow as well. just after 2:00 p.m. we turned lower. off by .2%. we are making up some of those losses. the nasdaq, which had been one of the big gainers on a day we are seeing a rally, they are one of the big losers today. tech shares are falling as well. time for the bloomberg "business flash." ceos are turning pessimistic on global economic growth, according to a new survey by pricewaterhousecoopers, which is as 22% of 1400 ceos expect the outlook to improve this year, down from last year. 23% say things will get worse. people comes on the eve of -- comes on the even of the economic forum in dallas, switzerland. the mobile payments, he saw shares tumble as much as 12%, effectively wiping out most of the gains made over the last two months. just beg

i'm betty liu with mark barton.s get to a huge pharma a deal, shire's acquisition of baxalta. look at the investor reaction. both companies negative, shire down 7%. the combination will make the companies a powerhouse of rare disease treatment. let's bring in drew armstrong. we indicated that this was going to happen, so tell us exactly how this got through. : this has been in talks for months. i think back in the summer shire came out saying it had interest in acquiring baxalta, when it had been out for, i think 30 days? they had a time of cash. and the offer was raised by saw. 2 billion from what i cash is the main consideration here getting this thing done. betty: what does baxalta bring to shire? they, like shire, have gone after specialized treatments for diseases that affect small numbers of people. can be scientifically difficult. it's not like they're going some high cholesterol or common cancer. when you go after diseases that have a big- do not population of patients, you can command higher prices, it's a

i'm betty liu. oil is surging to a three-week high even after opec delegates came out and said, no, there is no plan to meet with russia to discuss any cuts. they're going to be flexible on interest rates. how many basis point moves will they make this year? topping and alibaba -- estimates as they make their way to global domination. let's head to the markets were julie hyman has some more data on where the economy is headed. julie: pending home sales coming up with a gain of a 10 of 1% month over month, worse than the 9/10 of percent is estimated by economists. -- aa revision lower prior decline of 1.1%. the original reading had been 19th of 1%. another negative data point adding onto the durable goods report showing orders for business equipment fell in december by the most in 10 months. a pullback of 5.1%. this by that, we are seeing a rally in the markets. at least in part by the stronger than estimated facebook, though shares have been selling. we haven't seen a comeback in large technologies.

i'm betty liu. back in the game.learned last week billionaire will be steve cohen ine to manage money again 2016. maybe it has to do with so many hedge funds shutting down. one bloomberg called nest wrote that it is -- columnist wrote it is important to remember that there is one hedge fund investor with a great record and frustrating to remember that no one can invest with them. matt levine joins us now. what kind of reaction did you get to that? attributet of people his great multi-vector track record 2 -- betty: cheating. and you say no? time they haveg said it was insider trading and that is why -- his performance has continued to be solid, both as the head of sac capital and point 72 -- betty: which is only to manage his own wealth. -- upso, roger at sac 20%, this year he was up 12%, give or take at point72, which is kind of average. so, yeah, there has been a trend over the last couple years of hedge funds moving to the family offices, not because of regulatory problems or returns, but too much hassle dealing w

i am betty liu. this is what we're watching at this hour. talks are plunging today for the start of the new year, but they are crawling back from their session lows in the dow .ecording his wors the dow record against worst start to the near since herbert hoover. economist imf chief tries to makeard sense of the global economy. he joins us for an exclusive interview. we are about an hour away from the close of trade. i want to bring in bloomberg julie hyman -- bloomberg's julie hyman at the markets desk. you have been watching the slide all day long. we still have an hour. julie: it is only a day. yes it is a steep selloff, yes it is a negative start to the year, but it is only one day. we will see if it continues, then we will see some concern. of thenot at the lows session, coming off of the lows a little bit. with this decline, will it be the worst start for the year since herbert hoover was president? to be down to the wire. if you take a look as some of the past worst starts, you have to go back to 1932 when he was in office. then he sa

i'm betty liu. the president of argentina hit the ground running. he is now in davos seeking outside investment for his country. he spoke with our editor in chief. >> this year, we are just starting. i think that we are going to be around $20 billion and progressing. argentina has decided to take their place in the global landscape. we have an important role when you talk about security, we are the second country in the world in terms of production per capital and we are going to increase that in 50% in five years. we need a huge clan of infrastructure. clan ofed a huge

i am betty liu. welcome to "titans at the table." dish network founder charlie ergen has always been known as something of a fearless renegade. from being thrown out of casinos for counting cards to selling satellites out of his car trunk around colorado. he led a group that started echostar in the 1980's and then started dish in the next decade, upending the traditional cable tv world. in the process, he has become one of the richest men in america, worth nearly $20 billion. ergen stepped out of the spotlight in 2011, leaving the ceo rein to joe clayton. but just four years later, the founder is back in the hot seat as television undergoes another revolution. video, moving on to your second screen. like the satellite tv business, in its early days, ergen wants to be at the forefront of this change by creating a new, over the top product called sling tv and buying up billions of dollars worth of wireless assets. assets that he says can be used to build a legitimate competitor to at&t and verizon. whe

i'm betty liu. here's what we're watching at this hour. stocks are now taking another plank lower. oil resuming it selloff, investors settling too heavily on more stimulus from around the world. withon controls is merging tyco to take the tech space to ireland and it's already prompting outrage on the campaign trail. bernie sanders calls it a disaster for america. can washington stop the deal? the -- the twitter executive carousel keeps spinning. jack dorsey aims for a turnaround. can he continue to keep the trust and morale of his employees? we are now about one hour away from the close of trade on this monday after a snowy weekend here in new york. i want to bring in remy innocency of, who has the latest. take a look at where we do stand right now. .he s&p 500, 1891 right now the dow is down just at the 100 point mark. this had been as low as 120 points and we are headed back in that direction. the nasdaq right now contract for its worst monthly fall since 2008. the big reason, of course, is with

i am betty liu. funny when has more from our news desk.e: with less than two weeks to go before the iowa caucuses, donald trump is widening his lead. with cnn poll shows trump an 11 point lead over ted cruz. entireine is devoting an article on why donald trump should not be the republican nominee. ailinging to revive his -- jeb bush has enlisted his mom. voters they can trust him. but it also says his brother, former president george w. bush, will join him on the campaign trail. is leader of the armed group now talking to the fbi. leaveaid the group won't the wildlife rescue. susan hedman is a minister of the epa region that includes fines. she has been criticized to be flint'spublicize that water supply was contaminated. i'm vonnie quinn. davos let's head back to were a lot is happening, including erik schatzker with the founder and managing partner of gdp growth. erik: bill, good to see you here. >> good to be here. it has a very diversified portfolio. your portfolio companies, what are they telling you about the u.s. economy and global

lucy liu is there. anyway, i don't care about me. lucy liu is here. come on. this was the country before the storm, the east coast before the storm. look at this, by sunday, boom. snow is back, and it is here. but the good news is, we do have this system that's bringing a lot of heavy rain and will over the next several days to the gulf coast and florida. what we were worried about was low pressure forming along this front and transferring that energy to the southeast and moving up the coast. good news, it's not going to happen. looks like the models take it all now off and into the atlantic. you see the moisture stays offshore. that is fantastic. that's what's going on around ou amy: good morning central florida, i am amy sweezey. warmer today as we climb to the low to mid 70' s. more clouds and a chance for a we have good coverage of >> that is your latest weather. >> here we go. >> there it is. "kung fu panda," viper, one of the furious five, lucy liu, one of the five here. one of our co-stars. >> here to explain everything in her career that's led to the o

i'm betty liu. the market in melt down mode. i want to bring julie hyman in. julie? julie: concerns over new regulations in china, contributing to the selloff. u.s. cturing data in the all major averages down 2% or more. they are off the lows of the session, but still a very sharp selloff. other asseteck classes. oil is notable as tensions ratchet up between iran and saudi arabia. ambassadoring its after saudi arabia executed a shiite cleric. on the flip side, as people are selling stocks, they are fleeing to what they perceive as relative safety. the yield is pushing down to 2.22%. if you look at gold prices, there we are also seeing a gate as people pursue what they perceive as refuge. up for sixlar straight sessions. up about a 10th of 1%. the dollar trading higher versus the euro, lower versus the japanese yen, betty. betty: vonnie quinn has more from our news desk. vonnie: thank you. workers and northeast china -- i and northeast china -- rescuers are drilling a new tunnel to save trapped miners. a newals are viewing islamic state video. a man with a british acc

tonight, join jimmy and his gues -- hillary clinton, lucy liu, musical guest flo rida,

i'm betty liu.s fun to sit down with charlie ergen, but according to some reports, it's not so much fun to work for him. in 2012 and 2013, employee surveys conducted by glassdoor gave dish network some of the lowest ratings in the country for its work environment. ergen told me he is aware of the criticism and is trying to change some things internally, but he also defends the culture he has built at dish. charlie: i think i am a really easy guy to work for and with if you are a high achiever and you want to achieve something. if you're just wanting a job, you are probably not going to like it too much here. right? i mean, i think -- i think dish is -- is -- is a culture for those people who want to achieve something. and there is some uncertainty, as you know, as we are talking about what you can do with the wireless. our shareholders don't know exactly, so there is some uncertainty, so it takes a little bit of bravery as a shareholder. you have long-term thinking. and i think even for employees, t

liu. i've been documenting the changes on the plateau for 15 years. i first came here in 1995 to film an ambitious project where local people were constructing a new landscape on a vast scale. transforming a barren land into a green and fertile one. the project certainly changed my life, convincing me to become a soil scientist. the lessons i've learned in the last few years have made me realize that many of the human tragedies that we regularly witness around the world, the floods, mudslides, droughts and famines, are not inevitable. here on the loess plateau i've witnessed that people can lift themselves out of poverty. they can radically improve their environment. and by doing so, reduce the threat of climate change. >> [singing] >> when i first came to the loess plateau, i was astounded by the degree of poverty and degradation. and i wondered, "how could the chinese people, the largest ethnic group on the planet, and my fathers, and my own ancestors come from a place that was this barren?" china's loess plateau is a region that stretches for 640,0

i am betty liu. here is what we have been watching. an up-and-down day for stocks as they struggle to close in the green for the first time this year. stocks cannot build momentum after yesterday's huge sellout to trading days, of course. his fun is the top emerging-market performer in the past clutter years. it includes a heavy dose of investment in china. -- a little light in their sales numbers. about in hour away from the close of trade today. i want to bring in julie hyman. here. know direction >> has been tougher for the markets to define that. we are back in the green again for the s&p 500. the dow and the nasdaq remained lower. we are seeing a mixed picture. look, defensive groups have taken over the top spots here. health care, typically, that reflects some trepidation about economic growth when you see that kind of pattern. doingre cyclical groups worse today, consumer discretionary on the list. there has been a little bouncing around even among the groups on the session. he does individual

i'm betty liu. here's what we're watching at this hour. breaking news moments ago. china has second thoughts and suspends the circuit breaking rules that have not kept investors from panic selling chinese stocks. we will go live to beijing for the impact. that is causing more selling around the world. it has been a bad start to the year and it is getting worse. u.s. stocks are plunging at the open after european and asian equities take another dive. and if you think stocks are doing badly, look at oil prices. crude falling to a 12 year low now. $32 a barrel is not far off at all. we are about half an hour into the trading session. has her hands full with a lot of action in the markets right now. julie: not as much of a decline here in the u.s. as you might expect. or as the futures were indicating. let's start in china. if you look over the past week or so, we have the shanghai composite. the circuit breakers triggered on monday and today. i want to zoom in on today and what we have seen overnight.

i'm betty liu. last night the republicans running for president faced off for the last time before monday's iowa caulks. frontrunner donald trum is a no show. that didn't stop him from stealing the spotlight last night. after bowing out after a fight with fox news, the donald held a veterans fundraiser five minutes down the road. >> i didn't want to be here, i have to be honest. i wanted to be about five minutes away. i have enjoyed that. i have enjoyed that. all the online polls said i have done very well with that with the debates. and i have had a kick with it. you have to stick up for your rights. when you're treated badly, you have to stick up for your rights. betty: he still dominated the political conversation last night. particularly his absence was noted at the debate. we now turn to bloomberg's washington bureau chief, megan murphy, who joins us live from des moines. megan, did donald trump gain anything by skipping the debate last night? megan: you know, it was such a circus last night, i

i'm betty liu. you's what we are watching. markets are taking a turn -- here is what we are watching. markets are taking a turn lower. the fed says it is closely monitoring global economic developments. hikes fort out rate the rest of the year? driving down the market, apple and boeing, falling the most since this summer as their forecasts fall short of estimates. is it a temporary blip or a sign of tougher times ahead? facebook is reporting after the bell. 10 mark zuckerberg impress investors again? -- can mark zuckerberg impress investors again? we are about an hour away from the close of trade. bloombergs julie hyman has the latest -- bloomberg's julie hyman has the latest. selling off on the news. julie: it has not been as dramatic a reaction. let's take a look at stocks. all three major averages are falling to their lows of the day, down pretty sharply here. if you look at the interpretations i have been seeing and hearing about on the past hour of bloomberg tv of the fed statement, there is nothing to warn of this kind o

i'm betty liu. some of the look at biggest stories in the news right now.eve: will once again be able to manage client money, but not until 2018 as part of a settlement with u.s. regulators who it accused him of failing to supervise a former trader at sac capital. his family office but also be subject to routine examinations by the sec. he neither admitted nor denied allegations he failed to supervise the traitor. the world's largest oil producer says he is considering an ipo. saudi aramco confirmed what the kingdoms took the crown prince told the economist. the company is controlled by the saudi government. it's innerworkings are a mystery. from oneworth anywhere trillion dollars to 10 chilean dollars. candles will become the first major company to disclose the presence of gevo ingredients in their products. in june so, the company risk losing customers. the labeling changes excited to take up to a year and a half to implement. that is your bloomberg business flash update. even when stocks were rallying, bearish traders refuse to reduce their short sales.

lucy liu is there. anyway, i don't care about me. come on. this was the country before the storm, the east coast before the storm. look at this, by sunday, boom. snow is back, and it is here. but the good news is, we do have this system that's bringing a lot of heavy rain and will over the next several days to the gulf coast and florida. what we were worried about was low pressure forming along this front and transferring that energy to the southeast and moving up the coast. happen. looks like the models take it all now off and into the atlantic. you see the moisture stays offshore. that is fantastic. that's what's g morning, everyone. a >> good tuesday morning, everyone. a quiet start. and we have sunshine this morning, more clouds this afternoon. and tradeoff, a breeze as well for the milder temperatures. mid 40s to near 50 this afternoon with the southwesterly breeze gusting at 20 miles per hour. a straight shower tonight. into the 30s and close to 40 tomorrow afternoon. we start the day off with clouds and finish it off with sunshine for