>> bloomberg lp is a financial mecha. it is data, analytics, news, and it is the firm that michael bloomberg founded. my roommate at the time, we were both in turns, spending all of our money on rent, and she brought serial home every day -- cereal home every day, because bloomberg has kitchens stopped -- stocked with wonderful food, not the most healthy for you. on the money and, you think, this is amazing, what company provides free food for its employees? if there is to there for you, you never have to leave the office, so it boosts productivity. that is how bloomberg news got on my radar. i wanted to check this company out. they were doing a recruitment program on campus, and i was debating between that were going to work for my political science professor. i went to the event and i said, i want to work for bloomberg news. they said, you are coming right out of college. we do not have entry level positions on the news side. we are starting this program called, "global customer support." you make all these contacts. after a short period time, you

i thought i heard about bloomberg news and i thought that would be a neat organization. it was obviously a smaller news organization at the time and i had known i wanted to get into politics. i thought okay, here's a place i could go and start from the ground up and work my way up. >> so? , what happened? >> here's is how i found out about bloomberg. the summer when i was interning for andrew cuomo and my roommate was working for the terminal. >> what's the terminal? >> bloomberg l.p. it is a financial information mecca. it's a computer terminal that is a staple on wall street and it's data, analytics and news. it's the firm that mike bloomberg founded. my roommate at the time, we were both interns spending all of your money on rent that summer in new york city, if you go to any of the offices all around the room, bloomberg have kitchens stocked with wonderful food. on the one hand, you think this is amazing. what kind of company provides free food like this for its employees. the flip side is, if there's food there for you, they have to leave the office so it boost produ

bloomberg news provides data, news and analytics to those in the industry beyond finance. bloomberg news is delivered through the bloomberg professional service, through television, radio, mobile, the internet, and two magazines. "bloomberg business week" and "bloomberg markets." we are syndicated in hundreds of newspapers globally and cover the world with more than 2,000 reporters and editors in 146 bureaus in more than 70 countries. we are experts at publishing economic statistics and disseminating market moving information. media stakeholders are making progress, mr. chairman, with the department of labor in arriving at a place that will not undermine the first amendment. will not reduce transparency and accuracy of critical data or create unacceptable cyber security risks. while no conclusive agreement has been reached, a movement that we have seen would not have been possible without the engagement of members of this committee. and committees and members in both chambers of both parties. we are particularly thankful to senator blount for his engagement. on april 10th,

ethan zindler, who is head of policy analysis with bloomberg new energy finance. he has testified to us before. mr. jesse jenkins is also here. he's the director of energy and climate policy with the breakthrough institute in oakland, california, and we're told today is your birthday as well, mr. jenkins. congratulations. this is a big day for birthdays. >> we've got cupcakes in the back, mr. jenkins. >> yeah, that's right. why don't we have the same procedure here that we did with mr. augustine and have each of you give us five or six minutes of summarizing what you think we should know from your testimony. we will include your full testimony in the record, then we'll have some questions. mr. zindler, you want to be first? >> sure. thank you. good morning, chairman bingaman, senators, ladies and gentlemen. of course, happy birthday to my co-panelist, senator murkowski. it's an honor and privilege to be here before the committee again. i join you in my role as analyst with bloomberg new energy finance, a division of bloomberg, focused on the clean energy sector. o

at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> as the smart phone become a daily part of life, so has joint pain. downsizing technology is causing a surge of injuries on our hands and fingers. >> the joint stars to degenerate and the smooth surface of the

at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> interesting marketing. going through a humbling punta now. neriod right >> her own cable network losing hundreds of millions of dollars. prove that lying on your resume catches up to you. ask the ceo of yahoo! about that. >> thank you. 5:22. 60 degrees on tv hill.

i join you in my role as analyst with bloomberg new energy finance, a division of bloomberg, focused on the clean energy sector. our group provides accurate and actionable data and insight on investment technology and policy trends in clean energy. my remarks today represent my views alone and not the corporate positions of either bloomberg lp or bloomberg new energy finance. in addition, they do not represent specific investment advice and should not be construed as such. that's what the lawyers told me to tell you. in june 2010, my firm produced a study in partnership with the nonprofit clean energy group entitled "crossing the valley of death, solutions to the next generation of clean energy -- to the next generation clean energy project financing gap." that report examined the various challenges facing energy technology companies looking to scale up while driving their costs down. it encompassed interviews with more than five dozen technologists, entrepreneurs and investors in the clean energy space. other studies have since explored this area in greater depth and advanced discus

more background on this with margaret tallen who has a piece with the white house angle from bloomberg news. first the speaker of the house as he went to the floor earlier today with this statement. >> my colleagues, in recent days, americans of every faith and political persuasion have mobilized in an objection to a rule put forward by the obama administration that constitutes an ambiguous attack on religious freedom in our country. this rule would require faith-based employers, including catholic charities, schools, universities and hospitals to provide services they believe are immoral. those services include sterilization and abortion and inducing drugs and devices and contra s contracepti contraception. in imposing this, the federal government has drifted dangerously beyond the constitutional boundaries, encroaching on religious freedom in a manner that affects millions of americans and harms some of our nation's most vital institutions. if the president does not reverse the department's attack on religious freedom, then the congress acting on behalf of the american people and the cons

we're joined by kathleen hunter with bloomberg news joining us from capitol hill. y remind us again what the sequester would do and what are the two goals of these two pieces of legislation? >> well, the sequester is a mek and of that was put in place last year in august when congress passed legislation raising the debt ceiling. as a condition of that, they agreed to put in place some automatic cuts to programs starting in january of 2013. so what's going to happen this week in the house, as you mentioned, they're going to vote on legislation that would elepgsly replace the automatic across-the-board cut with more targeted cuts that represent what republicans would like to see us. it would spare cuts in some places and put cuts in other places. >> the house voted on and agreed on this sequester so why are they trying to avert it now? >> when they agreed to the sequester, they were hoping that the super committee would come up with a broader deficit reduction package that would help avert the sequester. the sequester was supposed to be this knife hanging offer congr

we have had a policy analysis with bloomberg new finance. he has testified with us before. mr. jesse jenkins is also here. he is the director of energy in climate policy with a break through institute in oakland, california. we are told that today is your birthday as well, mr. jenkins. congratulations, it is big day for birthdays. >> we have cupcakes in the back. >> why don't we have the same procedure here that we did with mr. augustine, and have each of you give us five or six minutes of summarizing what you think we should know. we will include your full testimony in the record and then we will have some questions. >> thank you. but morning, ladies and gentlemen. it is and honor and privilege to be here before the committee. and join in my role as analyst with bloomberg new energy finance division, focused on the clean energy sector. our group provides data and insight on investments, the technology, and trends in clean energy. my remarks represent my views alone and not the corporate position of either bloomberg r bloomberg new energy finance. the report examined the variou

according to bloomberg news.. the obama administration is said to be considering kenneth chenault -- the ceo of american express-- for a cabinet post... possibly treasury secretary. also, the adminstration is said to be batting around the name ursala burns- who runs xerox as a possible candidate for commerce secretary. president obama said earlier he is interested in having top business leaders in his cabinet. coal consumption is climbing around the world. the international energy agency-- better known as as the i-e-a predicts demand for coal could come close to outpacing oil in the next few years. global demand for coal is expected to bump up by 2.6% per year through 2017. strong demand is expected in china and india in the next 5 years. while the surge in coal exported from the u.s. to europe-- should peak soon. toyota confirms it will have to pay a record $17.35 million fine. it's being levied against the car giant because it delayed recalling nearly 150,000 lexus rx models due to unintended acceleration proble

the stock market rallied yesterday after bloomberg news reported 40 republicans have joined a bipartisan call to break the budget impasse. california shipping ports in l.a. and long beach are back in action. an eight-day strike started by clerical workers over the outsourcing of jobs has ended. an additional 10,000 port workers refused to cross the picket lines, which crippled cargo deliveries. the clerical union is expected to vote on whether to ratify the agreement in about 2 weeks. while shippers and workers have worked out a deal, the national retail federation warns it's possible retailers could get left with some bare shelves during the holidays if the strike continued. plans are moving forward to allow big box retailers to do business in india. for years, walmart and other u.s. companies have been battling to set up shops there. the indian government has enough votes to pave the way for the retailers despite crisitism that bringing in big box stores will crush small shops and farmers. later this week, the indian parliament's upper house will debate the issue. details are emerging

linda bell has bloomberg news from new york. >> we are talking about starbucks continuing to look for ways to make money without the reliance of its signature products, coffee. it has agreed to buy a company that makes baked goods. it plans to expand the french bakery brand. food is a critical component of the core starbucks business and it makes up nearly one-fifth of its u.s. sales. schools turning away from pink slime. the department of agriculture says the vast majority of the schools in the country that participate in the national school lunch program have opted to order a ground beef without the product known as finely textured beef. although the product has been used for decades and federal regulators say it is safe to eat, the filler has been highly scrutinized. affirmative action violations by federal contractors are read a nine-year high. i will have more details on that in the next hour. live at bloomberg headquarters in new york, linda bell reporting for abc 7 news. back to you. >> thank you. it is a little chilly outside at 56 degrees. >> still to come we will have an upd

that's not bad. >> rose: jeannie with bloomberg news, mike murphy -- matt dowd bloomberg news. coming up next a conversation with jason kilar. of hulu.ceo see you tomorrow. >> rose: jason kilar here is the ceo of hulu on-line video service that offers the selection of hip shows clips and movie. he joined hulu in 2007 after nearly a decade of executive at amazon. he led the company to be the leading premium on-line video. has 30 million unique monthly users and over 1,000 advertisers. i'm pleased to have him back at this table in full disclosure. our program is on hulu as is many and most other programs like this. so i say welcome to you and good to see you again. >> thank you very much charlie. >> rose: what is it that you think has provided you most of all as a quality the ability to achieve some of your goals. >> i think it's not dissimilar from the examples you mentioned. i think it does come back to focus. for us hulu has always been and always will be about premium content. so that focus and not getting distracted by a lot of other things that are interesting but not us i

have a great night. [ applause ] >>> the economic conference hosted by bloomberg news also looked at corporate tax rates. we'll hear from former house democratic leader dick gephardt and grover norquist, the president of americans for tax reform. this is half an hour. >> we're going to keep the conversation rolling here. we're going to start talking taxes again. the corporate tax debate is our next topic. we have my colleague richard ruben all things tax force at bloomberg. he's going to lead this discussion. and good catch. we don't want any injuries up here on stage. part of the panel now we've got grover norquist the president for americans for tax reform. a regular voice of these issues. nancy mclaren going to get her aspect representing the companies doing business in the us. richard gephardt is president and ceo of the gephardt group here in washington. long time congressman from missouri joining us as well to talk taxes and the corporate tax debate. rich, it's all yours. >> thanks for joining us. i want to start by talking about where there's agreement. you have both president

bloomberg news has been looking into that. among the things they found, in three months and in only seven states, get this, $100 million has been spent. the bulk of it on 136,000 obama campaign ads and 60,000 romney campaign ads. that's a lot of money in a few places and in relatively little time. who profits from all that money? jeanne? >> definitely the ad men. they were first on our list. gwen: yeah. >> and television admakers and placers, the people who buy the time. those have always been two of the most lucrative jobs in politics. and what's happened, though, this year, is that the ability for these people to make money is growing exponentially. right now there are five firms that have earned $66 million so far, and we haven't even begun to spend the big money. in all of 2008, these five firms made $55 million. they're already making more money and we aren't spending the big bucks yet. and it doesn't just apply to the ad men. this is a product of both candidates spending unlimited sums last cycle, only obama did and only

there is this new survey from bloomberg news which fines the most unpopular living u.s.sident, that would be president george w. bush has a higher rating than gop candidate mitt romney. 46 to 43%. president bush is also more popular than the entire current republican party. are you shocked? actually i'm not. if the romney campaign were smart, they should realize they should stop drinking from the gop spiked kool-aid and start fighting for u.s. citizens. back with us is democratic strategist and syndicated columnist karl frisch. he is in washington, d.c., and joining us here is cheryl contee, founder of the jack and jill politics blog. so glad to have you inside "the war room." >> thank for having me. >> jennifer: let's talk about mitt romney being less popular than george -- george w. bush? >> i think the numbers are still relatively close, obama shouldn't celebrate too much because he is only at 50% favorability. that said i think it's important to look at the trend. the question is will the trend hold? >> jennifer: right. karl an article that was in "politico" today ac

let me introduce our two reporters, "bloomberg news" and "military times. i'm going to start off and the reason to talk to you is the great number of service members coming back from iraq now at the end of the war and coming back to posts in america and facing a new economy that's going to be tough for them. this year in particular, what are your financial concerns for them as they integrate, re-integrate into society here on the mainland? >> there are different concerns. for those in the guard and reserves, come back to active duty status. employment is a big concern and just finances in general. some of them may choose to use their g.i. benefits and go to school and my concern is they get the most bang for their buck if they do that. for active duty, there are financial pitfalls are waiting. house market is one of them. >> just to clarify, there are lots of american families facing tough economic times, are times more difficult or more challenging for service members? anything in particular about them as a community? >> they have unique challenges because

exist continue to spend money and to keep the economy going not the least irony here is that bloomberg news today announced that there are four trillion dollars of profits in the hands of corporations that they are not spending which means they're not creating jobs with it if you take more wages away from workers which is what this strike is about to give more profits to the shipping companies which is what the issue is here actually moving money out of the hands of working people who would spend it to create jobs and giving it to corporations who are showing us that they're not about to do that with the profits they're gathering into their hands and this is you know one of the last unions that actually has decent wages i mean like the u.a.w. has negotiated that deal a g.m. where you know new hires are coming in at fourteen bucks an hour instead of you know what the old hires are making is is this you said this is the end game of this particular kind of drama of productivity is this part of the end game of capitalism well i think it's coming to the end of a major phase of its history and it

but in bloomberg news he writes, applauding the president's record on climate change. so how will it all shake out on tuesday? >> i think romney has a 50-50 chance to win the popular vote. i just think it's harder to see him winning the electoral vote. >> reporter: a possible split verdict from a nation already deeply divided. tracie potts, nbc news, washington. >> don't forget to vote. 4:51. >>> coming up, giants pitcher sergio romo, barry zito stopping by "the tonight show" to talk about the team's amazing world series run. >> confetti, nice. >> ticker tape everywhere they go. >>> a live look out here. fremont shows a nice, smooth flow. this is the best view we've had of this portion the last few days. >>> welcome back, everybody, on a friday. how about this, a nice look at the space shuttle "atlantis" moving to its brand new home today. not quite as spectacular as what we saw with "endeavour" out here. the final resting place is the kennedy space center visitor complex just ten miles from its current home at the vehicle assembly building. that journey started early

. >>> bloomberg news report reports. sites people of the matter. the phone with likely run on amazons own version of the amazon software. all good things come to an end to and especially for the guest markets. >>> tokyo's nikkei dropped 1% could we will give the quarterly report from j.p. morgan basins these bald tire billion dollar loss. dell's prices tech up last week according to aaa print the average price is $3.38 print british airways, i guess they really want to get to know their customers. >>> so much that the company has given crewmembers and ipad to look up their frequent fliers. it shows some messages to crew members. they use that to deliver a more personalized service. >>> the next up in a move to restore a national park plans to turn in petitions to put the issue on the november ballot. it will require san francisco to draying a reservoir. the reservoir provides water to over 200 million people, most in san francisco. doctors at cincinnati children's hospital say that infections dropped compared to vaccinate it woman. and cuts may act

tomorrow on washington journal, bloomberg news reporter jonathan looks at the presidential candidate fundraising and costs. trinity university professor david lesh talk about his book "syrian." and gary angle from the government accountability office will look at treasury action to avoid hitting the debt ceiling. former virginia governor tim kaine and former senator george allen faced each other thursday night in one of four scheduled senate debates. the political reporter rates this race a toss up. >> the standarder barrier, he said 47% of americans are too dependent on government and they see themselves as victims. >> do you share that vision of america and what specifically will you do to deal with that 47%? >> as i stated in the beginning david, the best social program of all is a job. how do you provide more job opportunities for people -- >> you think nearly half the country see themselves as victims? >> no, i look very positively at the people. >> would you disagree with governor romney on this point? >> i have my own point of view. my point of view is that the people of ameri

a new bloomberg news poll finds 54% of likely voters agree with the policy. 30% said they disagree. the weekend on cbs' "face the nation" likely republican nominee mitt romney took issue with the executive process used to implement the new approach but not with the policy itself >> would you leave this in place while you worked out a long-term solution or would you just repeal it? >> we'll look at that setting as we reach that but my anticipation is i'd come into office and say we need to get this done on a long-term basis not this stopgap measure. >> ifiide hofney said he would include veterans in his long-term plan. the president, he said, is merely playing election-year politics. romney spoke today on a fox radio talk show. >> oh, i believe that the reason this came out was the president's trying to shore up his base with latino voters and he's also trying to change the subject from his gaffe that the private economy is... a gaffe that the private economy is doing fine and from the failure of his economic policies to get this economy going again. >> reporter: a recent gallup surv

at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> if you say hello and they do not say hello back, hang up. 55 degrees at the airport this morning. a tough loss for the ravens. keith mills has the latest controversy with sports. >> don't forget to e-mail us your response to our water cooler question of the day. what do you think is the most to blame for the ravens' week two loss to the eagles? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. we are tracking a few accidents. this is right near 795. an accident is off to the shoulder. building in volume on the outer loop as you get closer to security boulevard. continued closures in the city. monument street is closed near patterson park. drive times, not seeing a whole lot yet. this is old court road where it meets the beltway. women have an accide

and he is also picking up a key endorsement from new york mayor michael bloomberg. earlier in the week the mayor said they were too busy with storm cleanup to accommodate a presidential visit, but he did write in "bloomberg news" that he's endorsing the president because of his policies on climate change. lynn. >>> all right. >>> well, some more political news for you. missouri senate candidate todd akin gained national attention for those legitimate rape comments. well, now he's out with a new campaign ad featuring two women talking about, of all things, rape and abortion. take a look. >> my name is kelly burrill and i'm a full-time student, i'm a single mother. i'm a woman who's had an abortion. i've been raped in my past. the reason that i'm voting for todd and that i'm so proud of him is because he defends the unborn. >>> paul ryan has been busy on the stump trying to shore up swing state voters while saying just how tough he and romney really are. >> we can't keep doing this. look, mitt romney and i can handle whatever they're going to throw at us for the next

assessment of where we go from now with david brooks of "the new york times", and mattçó dowd of bloomberg newsnd abc news. >> you plead to have a total sense of your own gut, you need½ ekuz develop a narrative of youe with that vote, with the voters, if you need to learn and be abli to connect practice as you go through things in iowa, but don't spend all of this time on fund-raising, don't spend all of this time on searching for the right consultant, don't spend all of this time on doing all of these things campaign seem to spend way too much time on and basically figure out a development of your own self an then say what are the moments debate and other press moments where at those moments i am going to be at the top of my game. >> rose: we conclude this evening with the actor kevin spacey, he is the director of the old vick and his latest production this which he stars in richard the third. >> i mean look i have been here a lot and sat at this table and talked about a lot of experiences i have had, nothing i have ever done in a theatre s compared to whathis experience has been like, both in

if bloomberg news is associated just by name only with mayor bloomberg in new york, he has shown to beeven-handed manneyor. he retains the common touch that, people understand about his wealth. guest: bloomberg has bloomberg news in a blind trust. what romney has done on his taxes, none of that was illegal. everything was legal. it makes some people feel it is a bit unfair. it doesn't necessarily play well politically. mitt romney has talked about closing some of the loopholes and benefits he has taken advantage of, could be the mortgage interest deduction that covers people with second homes. he does want to eliminate those kinds of loopholes and make the tax code more fair for middle class people. host: lisa lerer is a staff writer for bloomberg news. thank you very much. we'll take a look with a discussion of what is made in the usa. then a researcher who says american entrepreneurship -- but first, an update from c-span radio. >> a senate investigation finds europe's largest bank had lax control is that allowed mexican drug cartels to launder money. the report was released ahead of