no -- renault, carlos ghosn joins us to talk about the fund. rlos: we have so much to do about thext six years transformation of the car and i don't think we can do it alone. i think we need a lot of innovation and creativity coming supportrtups are also coming from partners and we think the way we are organized today is not sufficient. that's why we came with an additional organization with it corporate venture capital with investors up to $200 million a year for the next plan adding up toard one billion in order support efforts transforming the car into electric autonomous, and connected products. investing hit the highest com bone,e the dot how much competition is there to develop in the ointment kind of technology you are trying to develop? carlos: there is a lot out there. i can see it. i am receiving a lot of people, hearing a lot of ideas. we have to be very careful, because there are a lot of very interesting ideas, but how many are going to survive, how many are going to be really implemented, executed at this will prices consumers are

emily: carlos ghosn.till ahead, sony has had some big moment at the box -- big moments at the box office this year thanks to smashes like "spiderman" and "jumanji." but the ceo says the company isn't stopping there. he joins us later this hour. this is bloomberg. ♪ ♪ emily: china has entered the top five in u.s. patents for the first time ever. chinese inventors received 11,241 u.s. patents last year, a 28% increase over the same period in 2016, this according to a report by ifi claims patent service. china ranks behind the u.s., japan, korea, and germany overall. and gopro's challenges are coming to a head. the company missed its fourth-quarter sales guidance, signaling that revamped cameras and price increases aren't sparking revenue growth. shares tumbled on the news, leading to its worst performance in a year. m&a is the likely next up for -- step for the struggling camera maker, but the gopro ceo nick woodman spoke to bloomberg's selina wang and denied reports that they have hired jpmorgan for a pote

trish: that was chairman and ceo of renault nissan alliance, carlos ghosn.e was speaking to me on maria's "sunday morning futures" program just yesterday. we talked about where the best opportunities were. he said the u.s. is it. by the way, how fascinating is this, everyone? you know said they didn't expect a ton of growth in 2018. now thanks to the tax plan they came back and rejiggered their estimates on growth because there will be a lot more car sales as a result of the tax cut. look at futures soaring up, up 136 gain of half a percent. we're points away from 26,000 on the dow. hey, we could get there this week. tell you who wouldn't be surprised. that is adam johnson. you wouldn't know anything about this market, right, if you were watching the competition because they're taking the day off! hanging out! >> of course they are. trish: forgetting there is a lot going on in the world. >> they don't want to talk about the freight -- great economist. one of the things fox news has done well address the fact that we have president in the office making news a

emily: "businessweek" once wrote a story that if davos were a person, it would be carlos ghosn. president trump has announced he will be attending this year. what do you make of the president attending this decidedly global event preaching america first? carlos: i think it will be extremely interesting. as the first place where people meet to discuss about important subjects that matter for countries and that matter for and the more people participate, particularly people with high power levels, the more interesting it is and the more it gives a meeting to davos, so i welcome this opportunity to hear from the president. emily: your term as the head of the alliance ends in june. what can you tell us about what kind of person might replace you and what your plans are? carlos: i do not think we are yet there, but everything will be announced in time. there will be a lot of opportunity when it comes to driving the companies together. emily: nissan narrative gap with honda to 50,000 cars. can you catch them in 2018, and how? i don't think at this level. we are more in a long-term thet

in the next hour, you will hear from carlos ghosn, ceo of nissan, and sony's ceo.es a dive. we speak with ceo nick woodman after the company cuts its

i spoke with carlos ghosn who runs nissan mitsubishi. he said these economic policies are really phenomenal. they are revising all estimates for car sales. they didn't think car sales would be so great. now he said we have a much more optimistic picture. >> nissan, another good nashville company where i moved, art laffer lives. nashville is popular place in recent years. more popular with "salt." but it is a growing economy. even the new york fed, this isn't a bastion of conservative economic policy, the new york fed says gdp in the fourth quarter could end up 3.94%. that's huge. trish: i like the sound of that i will be in nashville in february. >> are you doing or interviewing? let me know i will come see. trish: thank you, andy puzder. >>> the mainstream media outdoing itself at the latest white house news briefing, incredulous that the president would be as healthy as he says he is. >> i couldn't even watch it. trish: what's that? >> i was speechless. trish: actually it was pretty funny. they actually, you know, amazing enough, andy,

trish: you know, driverless cars are on the way, i was talking to carlos ghosn, this was a real possibilityountry which we would all be in driverless cars which is good because i don't like to drive, if companies like ups can't keep up with technology and if their workers are so resistant to that, you know, at some point, they'll be out of business. >> i think so. i mean, realistically, i think the teamsters are using this as a bargaining chip. i don't think they really expect that ups would not allow for drone delivery. by the way, there are also regulation that is don't permit it and like a full commercial space, but, you know, it is important for us to be able to embrace technology, that all means, though, we need to start preparing workforce for what that means, it may mean we don't have as many drivers delivering trucks. technology is not something we should be running from. it's something we need to embrace but be smart about it. trish: yeah, i would argue had the right economic policies in place to be smart about it, because, you know, i think about when i was a kid on the highway an

carlos ghosn are upping their estimates on number of cars they sell at nissan mitsubishi, why? because the of tax cut. all of it is coming together. now i feel like for the first time i can watch to say, all right, it is making sense. do you feel that? >> well, when you look at the regulatory side, does not get headlines. but removing those burdens on businesses especially small businesses that is to the good. just discussed earnings. the thing to watch out for though is the federal reserve. they're making multer -- mutters like the new york fed, that we're overheating. watch out for the fed to gum up the works. they think prosperity causes inflation. >> we have no inflation, by the way. >> prosperity does not cause inflation. the why the people doing better, earning more, the other thing you will hear about a bullish sign, labor shortages, not being able to fill specific positions which means labor will be going up. trish: what does cause inflation then? you don't think it is prosperity? you think there is concern the economy going gangbusters so everything goes up, up, when t

we hear from carlos ghosn ahead of nafta negotiation.rs hitting the tape moments ago, above expectations, renew was also better than expectations, as you can see, the stock is up 1%. the king of beer is losing its crown, budweiser. nfl accused of not standing for the nation's hero, the league is refuse to go ran an antiprotest ad during the super bowl. we will get into that coming up. coming up this morning, joining the conversation chief operating officer of paypal and the ceo of delyo, north ireland chairman glen hitchins and princeton university president, christopher eisgruber will join me. first we want to go to top story right here, president trump signing short-term deal to end three-day deadlock, sarah huckabee sanders painted win for president and lose for senate minority leader. >> 81-18, i would say that those numbers are much more in the president's favor than in senator schumer's favor. i'm not sure what changed for him and what he gained. maria: joining me right now from the white house to weigh in special assistant to pres

rissman carlos ghosn -- congressman carlos cabello writes "in no way is it acceptable to degrade, denigrateor dehumanize immigrants. the white house must immediately explain the situation and leave no doubt regarding what was said and in what context." , "i hope ton hatch get a more detailed explanation regarding the president's comments. part of what makes america so special is that we welcome the best and brightest in the world, regardless of their country of origin." conservative pundits brust aside the president's remarks yesterday, writing here that conservative pundits rushed to provide commentary for the president. "this does not move the needle at all," said coho jesse waters. andp shoots from the hit, if your friends some people, fine. -- there are so many more offensive things. breitbart says "do not ask to describe some of these countries. you might be disappointed about -- disappointed." host: ted, independent caller. caller: what i don't understand is he is saying about the country, not about the people. he goes fromrea -- the black people [indiscernible] the democrat conversat

francine: that was carlos ghosn. let's get back to the markets. >> a fascinating conversation. one of the big questions in davos would be what would pose a risk to the growth and markets right now. equity markets continue to build on record highs. i will sound like a broken record when it comes to that. the hang seng closing at a record and the stoxx 600 in europe heading for its highest close in more than two years. the msci old country index also heading for a record close and u.s. futures pointing higher as well. building on a fresh record high that was hit yesterday. those markets are really shrugging off any potential risk to trade that might come from president trump's announcement overnight over the tariffs. if we look at the fx market, the bloomberg dollar index sees its biggest rise in more than two weeks, and the dollar gaining against most of its g10 peers, except for the yen. the yen strengthened after the boj camped its stimulus unchanged, and just tweaked its language when it came to the inflation forecast. kuroda fell when push back against these markets, which h