carnival ceo arnold donald is not convinced. ere will be a lot of people who will not want to sail on quantum. that's not how they want to -- they are not looking for an amusement park experience. they are not looking for -- that's not how they want to spend their time. betty: so you don't see it as a game-changer? arnold: i see it as a game-changer in certain features on board their ship. but in terms of a game-changer for the industry, every new ship is a game-changer. you know, quantum, in a contemporary category, where people are looking for lots of activities and that kind of stuff, kind of a mall of america type of experience is a game-changer for that type of experience. betty: arnold called quantum the mall of america of ships. richard: i am not going to comment on what he said. but i think you will have trouble finding a mall onboard. betty: but the one thing both ceo's believe, the incidents that cast a shadow over the industry are a thing of the past, and the bargain tickets that convinced passengers to set sail, curre

arnold donald: and there she goes.cruise industry raked in more than $37 billion in revenue last year, setting sail with more than 21 million passengers. what does it take to be the biggest fish in the sea? we find out from the two biggest ceo's in the business. richard fain: they want the biggest and the best. and this is the biggest and best cruiseship out there. betty: richard fain is the ceo

in china.py sailing arnold donald, thank you so much for joining us. "first up" here at bloomberg.dent and ceo of carnival corporation on plans in china. we have breaking news right now. the banking jim -- the bank of japan is releasing minutes from the september meeting, when it chose to keep monetary policy on hold. : not too many details just yet. this is from the september 14 and 15th policy meeting. this was at the time before the big fed decision as well. this is after the japan gdp figures. they show the economy shrinking for the second straight quarter. e had the that the q intended effects and they did forgo additional easing. exports and production have been more or less flat recently. continuing to see some pressure there. again, they said there was a contraction in gdp at the time, they said it was temporary. they had bad weather as well as a drop in exports. again, they did reiterate that they would not hesitate to ease if there was a danger of prices not reaching the target of 2%. it could be reached in six months through september 2016. we're going to see how things

arnold donald: and there she goes.uise industry raked in more than $37 billion in revenue last year, setting sail with more than 21 million passengers. what does it take to be the biggest fish in the sea? we find out from the two biggest ceo's in the business. richard fain: they want the biggest and the best. and this is the biggest and best cruiseship out there. betty: richard fain is the ceo of royal caribbean. which earned more than $8 billion last year. to stay on top, his company has spent $3 billion on new ships

donald trump can win the nomination? >> he cannot be elected president. >> does steve, a man that ran arnold sworts neger's campaign, do younited states? >> you look at just the states that's won five out of the last six elections. it goes to 282. you look inside hillary clinton's numbers, the way that one unelectable candidate wins the presidency is by running against another unelectable candidate with regard to the trust and character numbers. and in a two party system, the way that you win the presidency is by being the nominee of one of the two parties. so if you're down to one of the two finalist, anything can happen. is he a probable president? no. can he be the republican nominee? do we live in a time where trust has collapsed in every institution? is he a brilliant communicator? has he shown a mastery of the details of the campaign process and ability to connect. >> to reinvent it. >> most importantly, the ability to grow. his numbers inside are growing and strengthening over time. that is why you can't discount the possibility if he's the nominee he could be elected president. >> i love the awkward silence. please