betty liu is with jimmy lee. betty liu was speaking to jimmy lee right now. let's listen in. is not out of the question. when you look at acquirers, they go up. will it be that way for 2015? >> you didn't believe me. >> you proved me wrong. >> the conditions are still very solid. the fundamentals are there. the cost of capital, liquidity, ceo confidence, supporting growth initiatives and so on. as long as those fundamentals stay in place, you will see a nice steady state of plenty of m&a. we continue to see that. >> we do. there are a couple of things on the horizon and 2015 that could change the game of it. the fed is going to raise interest rates. that cheap cost of capital may start to go up. is that enough to derail that trend? >> that is a good question. people talk about this a lot. a lot of folks have various interest rate positions out there. for second.it if you are a single a raising pretax.ound 3% if you are a single be raising money at 7%, not exactly high-heeled. -- high yield. so long as those rates don't spike, i think folks are going to adjust to it. historica

i'm going to early wife for christmas. >> betty liu at 8:00 a.m.ing on the price of the. -- on the price of beef. ♪ >> good morning everyone i am tom keene, joe weisenthal with me. >> ferguson missouri had a quiet thanksgiving day and national guard troops were still on the streets where most of the writing had been closed. the parents of the black teenager who spoke to beinge rose say the story told by authorities is at odds with what she knows. iti cannot understand because it does not fit his character at all. has ever seen or heard of him acting out in a way. >> you can watch all of the interview tonight on charlie rose at 7:00 p.m. eastern time. in japan a volcano is causing nightmares for air travel and it will be canceled or diverted because of interruption at mount also. volcanic ash has an falling on nearby cities. larger smart phones are expected to drastically cut into tablet sales according to ibc, sales rose just 5% next year according -- after 52% growth in 2013. those are your top headlines. >> joe weisenthal with the six plus, you l

with betty liu. carla is forecast in the hour. the hour.guest in ♪ >> good morning. november 20. we are alive. i am betty liu. the president gets set to announce one of the most sweeping overhaul's. thisll dig deeper into how will impact the american economy. carl is a prominent republican and advocate for reform. we will head to morocco for an exclusive interview where she will be speaking on global entrepreneurship. look at the top headlines this morning. the battle for immigration will be fully joint tomorrow -- tonight. president obama will use executive orders to bypass congress. up to 5 million undocumented immigrants. more visas forow high-tech workers. republicans are not happy with his move, including the new jersey governor chris christie, who says the president is exceeding his authority. issue for six

thorsten heins with bloomberg's betty liu.ll take you inside a company that says it's come up with a meat substitute that tastes and feels like the real thing, next. >> i'm emily chang and this is "bloomberg west." with 2014 winding down, "bloomberg businessweek's" sam grobart got a look at the technologies and innovations that may disrupt our lives in 2015. today we're talking alternatives to meat. the biggest complaint about imitation meat is not only the taste, but also the texture. one company says, however, it has found a solution. this is the year ahead. >> if you think about meat, it has to come from chickens, cows and pigs. there's so much efficiency you can get out of the system, so we need to think about it differently. i'm ethan brown, the founder and c.e.o. of beyond meats. and we want to create meat directly from plants. >> people have attempted to make imitation meat out of plants, but the appeal of those products has been limited because, well, the imitation has never been that convincing. >> what is meat? i thi

betty liu from "in the loop," thank you.om the ceo of aereo . >> we see where home prices are rising the most. >> hint, not here. ♪ --rket makers," >> this i this is "market makers." the latest data on home prices shows the market is decelerating. but take a look at what we learned this morning from the s&p. >> it's a lacking indicator because it comes from the numbers in september. it's a couple months old. because of that, they have had time to pick over the numbers. there are just many revisions. report if yous have been counting on resurgence in housing as we had to 2015. it's not happening yet. , risingdeceleration 4.9%, down from 5.6% growth in the month of august. that slowdown continues. it's fairly broad-based as well. in the northeast, the first negative monthly returns since september of 2013, primarily because of weakness in boston and washington dc. in the west coast and southwest areas, which were previously strong, we see price gains fade. the southeast was the only region to show sustained growth. that was le

coming in, argan ceo -- allergan acvatis ceoott and will be joining betty liu.ot pushed together pretty quickly. how about you, tom? >> it is thanksgiving already. i look at the economy. the bellwether is how sold off they are for 300 pound turkeys. i do not have one. i don't know. it is a boom economy. people are doing turkey, turkey, turkey. >> turkey prices are up>>. >> going into wednesday with a 3% economy. >> things are looking up. my sister cooks our turkey. >> are you long in airline stocks? >> we are very long. you look at devaluations and they are not extended at all. people hated them so much for not being able to make the cost of capital and now we are talking about $50 billion in fees. you can hate them unless you own equities. >> hasn't the easy money been made? >> probably come away are not against making hard money. >> still money to be made. >> american airlines can earn money with low oil prices. change been let's get to our twitter question of the day. are you taking trains, planes, or automobiles. here were some of the answers. " automobile."

and i am betty liu.rand juryfter refused to indict a police officer for killing an unarmed teenager. they said it was the worst violence and buildings were torched and police cars burned for more than two dozen people were arrested. st. louis county cheap prosecutors held a lengthy press conference last night where he revealed the decision. suggest that somehow it's not a full and fair process is unfair to these people. they put their hearts and souls into this. of,meanwhile, president said the protest should express anger in peaceful ways. they said police should use care. he spoke last night. >> first and foremost, we are a nation built on the rule of law.

you are "in the loop here: i am betty liu.is, president obama's advisor and golfing buddy, robert wolf. the founder of 32 advisors. chairman and ceo tim armstrong joins me on the rush of digital content. is the industry drowning in content? i will speak with a legendary onigner and developer filling up the world trade a decade after the 9/11 attacks. vowing to find common ground. voters gave gop the jewel of the senate for the first time in eight years and republicans a bigger majority in the house. the president spoke in a news conference. >>

and i amn the loop betty liu. it is polling day around the country.we await the midterm election result. all the races you need to keep an eye on with a great set of guests. ceo ron feinstein joining me. staying in washington, the u.s. budget deficit is at its lowest level since 2008. we will catch up with the former office manager and budget orszag. peter of heat in recent days, including questions of how to deal with the threat of ebola. i caught up with arnold donald. first, a look at our top story this morning. voters are deciding today with congress will look like for the next two years.

anchor betty liu was talking about this on her show.h cole, veryive tom much in favor of keystone. you guys are what to talk more deeply about it. on sincerld has moved 2008 when transcanada first put in the ripples all that they wanted to build the keystone pipeline, which -- put in the proposal that they wanted to build the keystone pipeline, which flows across the continental united states. look, oil now, julie, is at $100 at the time, now it is $75, right? we were producing in the u.s. about 5 million barrels a day, now we are producing 8.6 million barrels a day. our energy independence has grown, so it raises the question whether the world has moved on, do we still need this? >> richard haass, you travel everywhere. we are seeing this all over the world as oil becomes less expensive, the expensive projects do not make sense anymore. >> that is true, but keystone has become something more than a narrow energy project. for canada, it is a test of its relationship to the united states and for a lot of people it is a test about the ame

. >> i want to bring in betty liu.a >> a man who has been going elephant hunting. >> this is classic warren buffett. procter & gamble is a company he knows very well. imagine warren buffett sitting in his office in omaha and saying, come on, everyone is ries for use batter the rest of their lives. the same thing he said about bubblegum and coca-cola. this makes perfect sense for buffett to buy duracell. dollars ofions of liquid on hand. he has been looking for lots of acquisitions. while it is $6 billion, a drop in the bucket for buffett. >> ministers are looking for something to do with that cash. they have been prowling the same targets. >> buffett is still in the process of constructive acquisitions. >> he's against buying back shares or issuing dividends. when he has his capital, he wants to put it to work. >> one plays he is not putting his money is real estate. something you will be talking about on "in the loop." many are looking to sell come including matt damon. this is his home, which is for sale in miami. ar

i betty liu. -- i'm betty liu. a fifth death linked to the airbag.ata announced it received the grand jury subpoena. it will not be a merry christmas for some verizon employees. the nation's wireless -- largest wireless carrier cutting 1000 jobs by the end of your. google's youtube is getting into the music business. an invite only basis next week. streamg customers to millions of songs without advertisements. price will beon $7.99 per month. the hour.inutes past bloomberg television's on the markets. we are awaiting jobless claim numbers for this thursday. expected to be around the six year low of 280,000 claims. markets are just slightly higher. we are on the markets again in 30 minutes. the louisiana runoff has been a on theersial vote back table. the approval of the keystone pipeline. one of the many contentious issues that will come up in a newly republican-controlled congress. one that many say is going to be more friendly to big business. i want to bring back richard lefrak. with new jersey governor chris christie one day after the vote last w

i am betty liu. as you a great program wake up from your post-thanksgiving hangover. asare all over black friday 25 million people hit the stores. did you get your kids there dolls? fight.a will be joined by the president of toys 'r' us u.s., who will be in the middle of the action. we will be at times square, the flagship store. oil prices tumbling after opec decides not to cut production. west texas intermediate crude fell below $70 a barrel for the first time in more than four years and brent crude is headed for its biggest weekly decline since 2011. >> we leave it up to the market forces, and that means further downside. in an environment where opec is not going to balance the market, we have to hit the marginal supplier, and that is north america, and we need to look for lower prices in the short run. >> saudi arabia pushed opec to maintain production levels over objections. china has overtaken japan as the world's largest stock market, with a market cap climbing to $4.5 trillion. it could go hi

i looked at the memo. >> from the desk of betty liu. ok, number two. raising its dividend and boosting its buyback plan by $5 billion. speaking with bill ackman earlier. dan loeb is also after dow chemical. you point out, these active investors have gone after some a different kinds of companies to go after. before, it was yahoo!. >> active investors are going to dupont as well. >> they all ask for the same thing. >> whatever. they just want more money. the dow chemical story, they have got the big natural gas chemical plants they opened up in the middle east, and the thing that bakes the question is, if you're looking for the company to give you money back in the form of a buyback and shrink the actual flows to the companywhat is the doing with that money in terms of research and development? tony want to be the owner of a company building products and doing the things they are supposed to do? >> and a new investor forum today. i'm sure there's good news about a buyback and dividend. to head off those complaints. money in their own accounts, maybe the

betty liu will be back next week with big interviews.ng to the nasdaq ceo -- betty will also be speaking to the nasdaq ceo. that is all starting tomorrow at 8:00 eastern. stay tuned. ♪ >> it is 56 past the hour. bloomberg television is "on the markets." mixed can see, call it a day so far. for the most part, stocks were down as global weakness has been hitting the boards. we had disappointing manufacturing numbers from china. that is translating into the way the dollar is trading, strengthening to almost a seven-year high versus the yen. 4%,ral gas up close to surging the most in five weeks on forecasts for unusually cold weather. that would create more demand. you can see treasuries. we will stick with moms because debt investors saw volatility sore the most in a year. who were the biggest winners and losers? here to break it down as always is our debt specialist. let's talk about the winners first. >> you saw a safe haven trade that won out. there was volatility and a dip in yields in safe haven assets. yields did bounce back but give

betty liu is with us. how lucrative business for alibaba? got the final numbers from alibaba on what 11/11 has meant for the company. $9,339,000,000 in gross merchandise volume. >> what is a single day? >> it celebrates being a bachelor or bachelorette. it is a self-made holiday by alibaba five years ago. they say everyone celebrates getting married. what about people wanting to be single? you have record numbers of sales. i went on the website. i found things that i loved. they are 50% off items on aliexpress. it tells us two things about alibaba. move over, mr. and mrs. smith. thosemr. and miss chen, are the consumers for the global economy. it is alibaba as a global company. not just a chinese company. >> will be celebrate single stay next year? >> who knows. joe tsai, one of the founders of alibaba, was with us earlier. >> we have an international strategy focused on cross-border. you see evidence of that on singles day. worlders from around the are selling to 300 million chinese consumers shopping on our platform. direction we had a lot

betty liu spoke with the company ceo about the future of that company. like wefinitely feel brought the conversation to the forefront. people are buying more antennas than they ever used to. all the things we brought to portland. we raised the question in consumer's mind. think that, definitely. i do not know what happens after this point. >> all right. betty joins me now with details on this year it is interesting. they're not an online tv streaming service. >> not now. they are not in operation anymore. this is really a david versus goliath story. to bring down the , abc,broadcast for cbs comcast, and others. adamant in its belief that the supreme court is wrong, that they were wrong in looking at the company, that perhaps they were a bit intimidated or they did not understand. intimidated by the new technology coming up. how fast-paced test -- technology. the old business model. that is the way he views it now. as you have seen, other companies have come online with video services, hbo, showtime, cbs, so it looks like the viewers want to eventually ge

we spoke to betty liu earlier in the loop.to buy myself laundry detergent in celebration. for joining much us. on retail, there are only 43 days left until christmas. continueguest says to -- to see continued strength. he covers the retail sector for managing markets. welcome. thank you so much. what you make of all the singles day stuff? is this something u.s. retailers are getting focused on? is i do not think so. it would not hurt to have an extra holiday to pump out traffic in shopping malls, but that being said, the timing on veterans day might not be the best for u.s. markets. >> it is not exactly a day to this on veterans day. retailers in the u.s. are focused on christmas, black friday and cyber monday. what segments, to do well? >> certainly, black friday and cyber monday, that has almost morphed into the entire month of september. -- i'm sorry, of november. we have seen promotions early on in the month. that takes a little bit of the steam away from cyber monday. retailers in general have seen spotty traffic involved

i'm betty liu.epublicans over immigration in a speech heard round the world. we will get the gop response from mitt romney's former economic advisor. and interview with richard davis. what he thinks about the future of his industry and why he is comparable bankers to rodney dangerfield. big news this morning for streaming service aereo following a supreme court decision this summer. we finally have an answer about the state of the company, and it is goodbye. president obama calls it executive action. republicans say it is a power grab. in a speech last night, the president outlined steps he is taking on immigration. he is nothing the immediate threat for deportation for about 5 million undocumented immigrants. the visa process will be streamlined for foreign workers. and those that are

betty liu sat down with him to speak about the new role.t you look at communication and wireless has , we going through, we call serve the -- we surf the internet where ever we are, but then you get to the point and say do i have enough juice in my battery and how do i keep going? we still have these people in airports looking at power outlets to plug-in. i think we are on the verge of serve -- of solving the next egg problem by allowing people to wirelessly charge wherever -- allowingbig problem by people to wirelessly charge wherever. >> and they can do it simply and easily. table, put it on the it on the surface and here you go. andt is a great innovation it's also one of the frustrations of investors with this company who felt like it had such a big market potential but generating very little revenue. you going to take power matt to the next level? >> startups go through these various phases of inventing something in changing directions . it's never a straight line. >> blackberry was not a startup when you take it over. years youck on t

later on alibaba and betty liu will be speaking to alibaba's executive vice chairman and that is comingp on "in the loop." it is here on bloomberg tv. they see a singles and a surge. let's turn to be sales. co-cio, very good to see you. are -- i want to know what your investors are saying to you at the moment. what i am here it is you have had a 20% pop in the past week and people have invested. when you make these kinds of returns, maybe time to lock in the profits. are they in the short term? are excited, they e-commerce story. when you have something as big cap,ibaba with a market that is what happens. when you look at the stock today and stocks trading at 20 times, the good news is there in the market caps. what we saw yesterday was unprecedented which is a phenomenal response for singles day and the response they got from outside of china. about is aa is all not justion platform, the chinese consumer, but outside china. >> if you got alibaba on your account, would you like the past few weeks was mark >> it is a good stock and one would like to hold on it for a number of years. the

in a few minutes, i will see you, with betty liu, for " street smart." ♪ >> it is 56 minutes past theerg television is on the markets. hyman.lie energy shares tumble after opec felt decision. we are touching another record high. joining me, a chief market strategist. this -- the ise having its biggest gain in two weeks. what is going on? >> you do not typically see that going into a weekend either, but i think you see a reaction on somepec news, and there is news from switzerland that people are not talking about very much, about what they are going to do in terms of a few qe type of program they may do for gold. gold is driving the market today as well and i think that is playing quite a bit to what we may see coming early next week will stop -- next week. ow, gold driving the market. that is not something we have seen in recent weeks. >> not at all. >> are there not as many people in the market today? >> definitely, the markets are so thin. typically going into a week and you do not see such a spike like we have seen in the victim's, and it may be people positioning themselves ahead

i am betty liu. here's a look at the company top news at this hour. japanese daily -- kerry drink producer, according to people familiar with the matter, may be sold -- plunging down as much as 24%. investors reacting to the news that the ceo had unexpectedly quit. reducing the value more than 13 close to ait came bankruptcy. netflix accusing a former fromtive of taking vendors. the executive, now chief information officer of yahoo! from vendors. on this lawsuit. it is 26 minutes past the hour. bloomberg television is on the markets. not commentingwe start this wedg mixed in equities. we will get a huge amount of economic numbers in just a few moments. jobless claims and personal income and personal spending, as well as durable good numbers. and we are onut the markets again in 30 minutes. america ondance in the decline. 1.5 billion a decade ago. bringing old friends and fans back. if you want a sneak peek of the new star wars film, get off the couch and head to the movie theater this weekend and watch the trailer. the news ofnfirmed the trailer by tw

betty liu broke them on her show, and had a lot of insight from some of the world's top economist.e of them right here. josh wright used to work for the new york fed bank, and he joins us to break these numbers down. betty, you broke the numbers. better than i acted, not quite consensus? >> not quite consensus. under shot estimates. rate coming down, that is always good news for the american public. they like to see, no matter how imperfect it is. alan krueger said news a .oldilocks scenario for the fed there seems to be very little wage inflation in these numbers, and so it seems about right here where they say the economy is growing but not no enough for them to move interest rates. the jobs filling market is still tough. they feel in a recession. that is why we see what happened on tuesday. >> even though 60% of americans have a job? >> but how good of a job? one of every five jobs created were bartenders or waiters. they were in the lower wage paying industries. bartenders and waiters do not even get tips in some restaurants now. >> i was a waitress. >> i was a bus boy. >> i wa

i am betty liu. here is a look at the top company stories in the hour.ws pc's across the world, used for data collection. it'll has been in use since at least 2008 and affected companiess or small and government. preparing for a management shakeup. be replacedit may as the company tries to buy a byiness or profits slumped 4.5 billion dollars. the changes announced next month thise latest twist as empire is restructured and they .repare to hand over the empire the third installment in the hunger games movie series one the box office. the year's. against u.s. opening, bringing in 100 million u.s. dollars, beating transformers. it fell short of the $150 million bus scored by the two prior films in the series, maybe a little hunger games exhaustion? it is 26 minutes past the hour. scarlet fu to check. we're about an hour away. >> thank you. time for futures in focus. copper futures declined last ofk by 3/10 of 1% in terms china's rate cut and what signals for the chinese economy. joining me now, why they are so analyst for senior bloomberg intelligence, whic

betty liu will be speaking with the vice-chairman of jp morgan chase.the next two hours. here's a look at our top headlines. the g-20 summit in australia might have to rewrite it agenda, blame vladimir putin. troops andending tanks into ukraine and the u.s. and european union are considering more sanctions. putin marked his arrival in brisbane by stationing russian warships off the australian coast. president obama says he will act on immigration before the end of the year. up to 5ected to protect million unauthorized immigrants from deportation. many

i betty liu. here is a look at our top company news.ent polled 27 point $5 billion in funds in the first full month after the departure of bill gross. million in september appeared a lot of money going out the door introductions. -- out the door. a second straight year of for toyota. it also raises projections for full-year operating profit and revenue. and crude and trading at a three-year low after saudi arabia cut prices of crude exported to the u.s.. the price were threatened the energy boom and could also lead to low gas prices, which could be good news for consumers and even the holiday shopping season and also as they are traveling across country. 26 minutes past the hour, which means bloomberg television is on the market third of the site markets are pretty pleased and investors are pleased where republicans regained in the senate more than 60 in order to regain control of both chambers of congress. got in the economy, we just payroll numbers. josh and 30,000 jobs created in october. that was better than estimated. we are on the

and i am betty liu. it is polling day around the country. a big day in washington as we await the midterm election result. all the races you need to keep an eye on with a great set of guests. ceo ron feinstein joining me. staying in washington, the u.s. budget deficit is at its lowest level since 2008. we will catch up with the former office manager and budget orszag. peter of heat in recent days, including questions of how to deal with the threat of ebola. i caught up with arnold donald. first, a look at our top story this morning. voters are deciding today with congress will look like for the next two years. question is in the senate. it is right now too close to call. here is republican senator rand paul. >> we know this election will send a clear-cut message with the republican way and the way we will create jobs in this country. expensivele, the most midterm election in history. the money has been rolling in. $3.7 billion. you can watch for coverage of tonight's election results. we will kickoff at 5:00 p.m. eastern time with a special

i'm betty liu. bnp paribas cuts most of the junk trading team.french greg is working to reshape its investment bending -- banking business. they hope to profit in corporate debt. the ceo of the struggling car company hopes to restore confidence. the company has been plagued by an aging fleet and sloppy accounting. is credited with boosting sales at united. thel's shares raised to highest level in 14 years after they gave an optimistic sales forecast for 2014. said their personal computer business is performing better than expected. ,hey also announced jim parsons from "the big bang theory," will star in their new ad campaign starting on monday. it is 26 minutes past the hour which means bloomberg television is on the markets. equity futures are higher, bolstered by what has happened overseas. you have the ecb president mario draghi saying they will continue to boost the eurozone with more stimulus. china effectively did that as well by cutting interest rates for the first time in two years. all of that helping the rally here in the u.s.. on the m

i am betty liu.ening bell, and we have a great show on thanksgiving eve. an online retailer coming up with different ways to keep you shopping from your sofa. about all of that with will peabody of grey croft partners. they company ceo tom rogers joins me on why tivo might have amazon and netflix to thank for their growth. first, a look at our top stories. the violence in ferguson, missouri. some stores were vandalized. it was nothing like the chaos of monday night. the police officer who shot the black teenager in ferguson spoke publicly for the first time. he was interviewed by abc. >> i don't think it is a haunting. it will always be something that happened.

i'm betty liu. can't is this hour, a tough quarter.nings and revenue missed while -- missed estimates. urban outfitters said it was weighed down by weakness in his mainstay brand. cash will be available to users 18 or older with a debit card. the security of the debit card numbers will be handled by square. snapchat suffered a security breach in 2013 that expose data of 4.6 million users. carnival trying to dispel consumer concerns by inviting the public to design their next marketing campaign. a few weeks ago, i sat down with the carnival ceo arnold donald and asked what he is doing to change perceptions. >> as an industry and a company, to develop lifelong advocates so they take the message out, and then providing people on the internet through advertising, information,tions, and especially through our travel professionals, our travel agents. travel agents help compare cruise and help educate people what it is really like. the best way is to get somebody on a ship. take a cruise. that is what he wants. it is 26 minutes past the hour.

i am betty liu. a look at our top company news this morning. world causes largest bank could face a buffer role as the financial stability ward tries to and too big to fail. said the biggest banks might be required to hold capital as a quarter of their assets waited for risk. the rules will tend -- will not take effect until 2019. japan passes aviation capital. to 80 of its 737 claims deliver between 2018 and 2022. the company said they expect demand to come from low-cost carriers which are gaining ground in asia where it $36 million in prizes were given two math -- mathematicians. she spoke to a legendary -- legendary investor and asked where he would be spending now, in china or in soaking valley. isi think soaking valley ahead of the game at this point. most of the innovation is coming out of silicon valley. china is catching up quickly. there are a lot of innovative ahead andcharging paving the way for entrepreneurs to come out and innovate. >> now you know. 26 minutes past the hour. bloomberg television is on the markets. still digesting t

i am betty liu. the keystone bill hits the senate floor tomorrow.cky democratic congressman raising -- whys move is not can't chef recaps at berg find a -- why can't jeff katzenberg find a partner? a look at our top stories this morning. a surprise from japan today. the country unexpectedly sank into a recession in the third quarter japan is struggling to shake off the impact of a sales-tax tax hike pushed by prime minister shinzo abe in april. he is now set to delay a second hike. here's the head of japan equities research at jp morgan. --so delaying the tax hikes no tax hike in 2015 increases the probability that japan's economy does hit a

betty liu joins us now with more.y something that is really expensive now. >> exactly, you think they would want to hang onto these toys. you guys had a great discussion a few days ago about whether -- oil- lower i'll prices could be bad for the economy. we know it has been good for one particular man. paul allen, the microsoft cofounder, who has been able to after months of searching big of a gulfstream 650. that is the uber ultraluxury jet. >> poor paul allen, he couldn't find a jet. >> i know. he didn't want to settle for a five. but to conclude on that point, he had been looking for several months. but given the slump in oil prices, down about 5%, these other readers have been selling their jets and he was able to pick one up just in the last week. now he's got his christmas wish. the exit was a great article yesterday about how even within the global private jet market, >> there was a-- great article yesterday about how even within the global private jet market, there is a 1% that can expend -- can afford and the

betty liu will be breaking the numbers with us.t host, will be there with you. we should be having a conversation now. >> i will be focusing on minimum four states that voted on tuesday that they wanted to see a minimum wage hike. $10.10 level,eral but it is close. you can look at it two ways. the democratic bush for the minimum wage hike is, in fact, taking hold among americans. more than three quarters of americans believe we should see a hike in the minimum wage. you can also look at it in another way. in some of these red states perhaps republicans are taking this on as well and it will be less of a flashpoint. a case where people are voting it in themselves. the free market was not helping them out, so we are going to vote it in. >> i know there was a debate over marginal cost and whether that would drive up cost -- voters said, thanks, i want a raise. number that we focus on, not just the top line? what data is most important to you? forcek hours, labor participation, the composition of the unemployed, hourly earnings. i'm co

i am betty liu. here is a look at the top corporate news.acare's second year of enrollment begin this weekend. 100,000 people submitted applications for health insurance on the first day. a genetic turnaround from last year when the website collapsed on its first day of business. it sparked outrage among the public. the post office is getting in the holiday spirit. it's seven-day delivery program begins today through christmas. they will deliver packages on sundays in big cities and high-volume areas. expect to deliver as many as 470 million packages this season. more than one package of these for you. jim carrey's "dumb and dumber to" debuted at the top five in the box office. it brought in to get sales of $38 million. it took the spotlight from "big hero 6." do atook them so long to sequel? bloomberg television is on the markets. let's get more on the follow from the news overnight that japan slipped into recession. >> that is right. you saw some of the futures indicating we are going to open up a little bit lower. but natural gas futures