betty liu: tom? tom colicchio: i think when we all started doing what we are doing, got into business, we were rallying against those restaurants that were around, that were established for a long time. we wanted to be independent. we wanted to do our own thing. the thought was never let's build something and it will be here for 100 years. certainly, when i was 26, when i had my first chef's job, i wasn't thinking along those lines. even when danny and i opened gramercy tavern, we were not thinking 20 years in the future. betty liu: but you were hoping it would be successful, obviously. tom colicchio: yeah. but when i started cooking, i had no idea that i would be working in new york. i started cooking in new jersey. we did not have a model for a young american chef doing whatever cuisine you are doing. that example of that kind of longevity. >> there was nobody to follow. >> prior to that, you didn't know about chefs. tom colicchio: getting the cooking job was the last thing you did after you got ou

." ♪ betty liu: with the right ingredients -- >> we have sugar and butter.-- celebrity chefs have turned their kitchen chops into sizzling businesses. >> anybody can do this. betty liu: luring us in with their tips of the trade -- >> it's a very easy recipe. betty liu: -- and the high-stakes drama of the kitchen. >> i'm dying up here and you're killing me. betty liu: tv shows, restaurants, and cookbooks. >> i feel like a burger or something. betty liu: these larger-than-life personalities have made eating into a multi-billion dollar industry. we all know some of the best conver

betty liu: hi. tom steyer: good morning. betty: tonight on "titans at the table" -- betty liu: hi. tom steyer: good morning. betty: tonight on "titans at the table" -- this place is gorgeous, it really is. i will be chatting with billionaire businessman turned environmental activist tom steyer. tom steyer was born and raised in the financial capital of the u.s., new york city, but chose to open his investment firm farallon capital management in san francisco. he founded farallon in 1986 with $8 million, and by the time he stepped down in 2012, he turned the initial investment into $30 billion, making farallon the fourth-largest hedge fund in the world. his personal fortune is an estimated $2.6 billion. not satisfied with retiring on the golf course, steyer reinvented himself as an environmental activist, even funding and starring in a series of public service announcements. tom: i am tom steyer. each week, we are taking a look at the keystone xl pipeline proposal. betty: he believes building the i pipeline will escalate the production of the controversial canadian oil sands. tom: so

betty liu is live and joined by the nasdaq ceo robert greifeld exclusively. betty: that's right.bob greifeld just leaving his press conference announcing this news. i noticed that on the agenda today this news was not on the agenda. are you crashing the party with this announcement? greifeld: thanks have an me. we are crashing the monopolistic party. you have a competition somewhat limited. we are here to say that a horizontal, open, competitive model is better. it is interesting that we have most leading participants partnering with us. betty: you have jpmorgan, goldman sachs, morgan stanley. how do you plan on grabbing market share? other exchanges have tried to go into other markets with a not so great success. bob greifeld: horizontal clearing is a bedrock principle. if you have open interest in a clearinghouse, other trading venues should access that. senior management want to create an environment with air or not locked into a vertical silo. that is the underlying proposition. we are fortunate to be partnering with occ which has a low ceiling for clearing. we have broad sup

we have betty liu in the studio. tell me that kim kardashian is coming in today?not coming in. i'm trying to give you the next best thing. it is her game. have you ever played our game? brendan: am i supposed to play yes? yes, i do. kim: if you do, it will teach you to get to the a-list. glu mobile has generated like $70 million in revenue from linking up with kim kardashian. what did they do? they doubled down and they have now signed on her sisters kendall and kylie. you know the whole clan. brendan: i'm not proud. i know about this videogame. there was a great piece in "business week" six months ago by an editor who said i enjoyed this game more than i thought i would. she played it and got into it and realized it does all the things that video games are supposed to do. kim: it is addictive. brendan: one of the problems with actual mobile phone-based video games is that they've been having problems breaking out of that first success. rovio made angry birds at ran out of ideas. none of their new games had the appeal of angry birds. it is now turning to hollywood

betty liu with important perspective on lumber liquidators. ael mckee as we care to shreds retail sales. -- terror toar to shreds retail sales. ♪ betty: good morning. we are live from bloomberg world headquarters. you are "in the loop." we are 90 minutes away for the opening bell. the right and left together. penny lee joins me on the whole you hillary e-mail flak. the king of all media, howard stern's contract is about to expire. does he need sirius or does sirius need him? the guy is living the dream. how did he do it? the two officers shot overnight in ferguson, missouri are in serious condition right now. they were wounded during a demonstration at the police station. protesters gathered after the police chief resigned.

betty liu will be joined by alan greenspan. tom: good morning, everyone. it is a gorgeous morning. let's get to our top headlines. olivia: a manhunt in progress in missouri. please looking for suspects in the shootings of two police officers in ferguson. a new turn in the government's investigation of herbalife. bill ackman has made a big bet against the company. the fbi wants to know now if acumen or people working for him try two-minute relator blackstock. -- ackman or people working for him tried to manipulate herbalife stock. russian central-bank announcing it is lowering its key interest rate to 14%. the move comes as inflation stabilizes and moscow tries to boost an economy crippled by low oil prices and sanctions. prosecutors plan to convict oscar pistorius of murder. he was already in prison on a lesser charge. the pfizer ceo got a big paper used in 2014. his compensation dropped 23% -- jumped 23%. nothing succeeds like success for disney. tom:>> ♪ i don't care what they're going to say ♪ tom: the shoe never fit anyway.

"in the loop" anchor betty liu joins us to discuss why we are seeing these numbers. d as that, it feels like it is 2000, in the hotel industry, we are rocking like it is 2007, and that is a good thing. hotel occupancy is at record highs in some cities of new york city, libya, you mentioned some of those numbers, revenue or average room is actually at $ 223. that is double the average of the top 25 u.s. markets here in this country. that is the reason why our guest on the program the ceo of life stone group, they are investing about $1 million with marriott to bring in some of these european-style high-tech rooms into the u.s.. it is time to build up more hotels. i do not know about you that but when i go to hotel rooms my two things i want -- olivia: the minibar and netflix? betty: olivia! i want free wi-fi, and i want plugs. brendan: "bloomberg surveillance " on the television. betty, we have peter wallison. he claims he is not an economist, but we will make them play one on tv. the difference between the real economy and the financial economy, when you look at these

brendan: we have betty liu on the desk with us. at housing trends in the coming years and you are saying things are getting smaller. betty: throw out your mcmansion. it is time to get small. we have seen luxury home prices stall in many of the major markets, new york in particular. home prices up just 3%. that was underperforming the average increase in prices overall. we have a big week in housing. i know we are all watching the fed, but you have the housing index out it 8:30. tomorrow, you will housing starts. on thursday, you will have when art and you will have a good better glimpse of the housing market. wire we going smaller? blame it on the young ones. millenial's cannot afford these houses or they just feel that they don't want to be in a very they come. olivia: from "portlandia?" betty: oh. you caught me off guard there. what it has to do with olivia, is that many are coming back into the urban areas. they are not living in these big suburbs. they by the way, are the number one homebuyer in 2014. they were 33% of the housi

betty liu has ditched and hatton for the sun and fun of boca raton.but is attending the audience annual teachers industry conference. she will be interviewing heavyweight business leaders. including tim acid, bob greenfield and sandy chambliss. can you make -- betty: i don't have my coffee i have my cocktail but i'm still working. bob rice felt will be joining me -- bob griese field will be joining me exclusively at the conference. what was interesting, i went to the list yesterday and it is not on the agenda here at the conference, he is a guest and will be attending some of the offense. so i don't what to say he is crashing the party but he is certainly going to be making some major waves with this announcement this morning and he will be joining me exclusively on net news. this is a really interesting time for exchanges. there is a lot of competition and less liquidity in the market and more volatility so competition is even more fierce. the nasdaq has been seeing a lot of competition from its neighbor, the nyse in new york. they have lost out on s

betty liu: it's the biggest restaurant chain in the world, feeding 69 million people a day. >> we are rod. because of our size. betty: the food is fast, but what mcdonald's serves up takes years to make. >> folks believe that food just shows up on their table. betty: we go inside the golden arches. to find out what is in the secret sauce. and, how a restaurant built on burgers and fries stays competitive in a world of changing appetites. >> two all-beef patties, lettuce, cheese, pickles, onions, on a sesame seed bun. it is all real food. ♪

betty liu is next. good morning. ♪ betty: good morning. it is thursday, march 26.g headquarters. we are 90 minutes away from the opening bell. we debate whether rising interest rates can hurt the six-year bull run. it has not heard this company, paychecks, the stock on a huge run. we will talk to the ceo. the renovation of wall street continues. one luxury mall opening today just across the street from the world trade center. the small has had its share of controversy. one of the key leaders in this project joins me in just a few moments. tonight is the big premiere of titans at the table cruising the high seas. credit: royal caribbean -- carnival and royal caribbean vying for your next vacation. the two cruise liners say it is time to climb aboard again. if you can't do it, the chinese will fill that gap for you.

betty liu: hi. tom steyer: good morning. onight on "titans at the table" -- this place is gorgeous, it really is. i will be chatting with billionaire businessman turned environmental activist tom steyer. tom steyer was born and raised in the financial capital of the u.s., new york city, but chose to open his investment firm farallon capital management in san francisco. he founded farallon in 1986 with $8 million, and by the time he stepped down in 2012, he turned the initial investment into $30 billion, making farallon the fourth-largest hedge fund in the world. his personal fortune is an

betty liu has patrick doyle with you. he is representing the american pizza community. bby group up in arms over the menu labeling that is going to be taking into effect later this year. it has lumped pizza along with other menu items where you have to, you are disclosing the calorie counts. the american pizza community says we should not be compared to a big mac. brendan: i am a member of the american pizza community whether i like it or not. what is their justification? betty: they are justification is that pizza is a different type of food it is not fast food. olivia: starbucks has to do calorie counts. betty: two slices of pizza is 300 calories more than a big mac. it is not as if it is not high in calories. if you throw a bunch of vegetables on it, you can call it dinner. olivia: the ncaa is to dominoes as the super bowl is to buffalo wild wings. betty: buffalo wild wings does very good during march madness. it is one of the few stops that move. during the past 10 years, except for last year, they have outperformed by two percentage points. the flow wild wings did b

. -- betty liu doing quite well.i and mike bloomberg is behind me. -- a gentleman named mike bloomberg is behind me. should i let him when? brendan: i think he might go to indianapolis and actually change was playing. i did it exactly wrong. i picked my bracket with my heart and not my head. i had maryland going to far. i had arizona going too far. it did not work out. tom: i think there was a huge investment metaphor. let's get to our top photo. we have like 47 to pick from. eric picked up these. our number three photo is utah. this is getting serious. you can see the ring around lake howell. a stunning 45% at capacity. the drought continues and migrate east. what have you read about this drought? brendan: we have been talking about california but it is on both sides of the cow -- the continental divide. there is not enough snow pack. if there's not enough snow pack cannot slowly melt over the course of the summer. tom: can i emphasize that the middle child and the youngest child were failed together -- were unveile

betty liu tackles this. titans at the table cruising the high seas.look. >> have you been on every single one of your 101 ships? >> i have not been on every ship yet, but quite a few. >> when you walk on one of the ships, the first thing you notice is the amusement style attractions. it is like the county fair on water. after you dry off, it is time to take extravagant entertainment. then it is off for a meal fit for a queen or king. to some of their nighttime hotspots where he showed me some signature dance moves. richard took me on a tour to show me firsthand what kind of vessel a billion dollars eyes you are that over 1000 elong and the ability to sail with nearly 5000 passengers, it is one of the largest ship on water. the first stop is the north star observation pod. >> this is a perspective you never get to see. it proves my point. >> it does. this is amazing. >> at the various -- the very highest, we were above the statue of liberty. 300 feet out of the water. the northstar is just the first attraction that has everything you could think of, an

betty liu is actually doing the best of all of the bloomberg talent, so to speak. umber seven. lisa: what was your charity? matt: what is betty posterity -- betty's charity? we don't put in $10,000. the top six of the whole group, including anchors and reporters, are investment professionals or ceo's. they are going to probably win, and unless betty comes up and john donahoe and jimmy dunne fall down -- i'm not sure what she has for her final four. kentucky versus arizona and virginia versus duke. if it is duke-kentucky, she stands a good chance. i'm rooting for her. i am rooting for betty liu. jim chanos is celebrating. he sent us this photo of him watching the wisconsin game. he is from the badger state but did not put them in his final four. he is tied for 10th place. he has kentucky winning it all. as lisa pointed out, everyone has kentucky winning it all. take a look at the standings, bloomberg.com/charitybracket. lisa: coming up in the next hour, we are talking dreamworks. ♪ .. madgood morning. it is friday. we are excited about that. a let's kick off the seco

betty liu, what do you have on today to talk about the weather? rom the weather right now, brendan, but this partnership between the weather company and ibm, they can no longer a say in their earnings, oh, we had that sales because of the weather impact. this is supposed to allow companies to be able to use weather data more accurately, so retailers can know how to stop their inventory better, utility companies might be able to know better where power outages are going to be, etc. david kenney, the ceo of the weather company, will be joining me. a first on bloomberg. also, the senior vp of analytic that ibm will be joining me to talk about why this makes sense for ibm. brendan: here is what i want to know about this -- what has changed in the last 10 years? the last 10 years i was working at swiss rate, and we were offering weather derivatives they doing the exact same thing forecasting to look at what earnings might be an hedge against them. betty: it might be in your pocket, brendan. your smartphone. brendan: why? what has changed? betty: now we

betty liu on bloomberg television.tinue on bloomberg radio as we see continuing headlines out of europe. we leave you with features negative one. dow futures, -18 as well. the 10-year yield. a rainy day here in new york city. stay with us on television radio worldwide. "bloomberg surveillance." ♪ betty: good morning. we are alive from bloomberg world headquarters. you are in the loop. and i am betty liu. we've got through this week. we have a packed show ahead this morning. starting on the markets -- we may be on the track for the worst start market watch -- stock market which but you are believe that it is great against the average joe. that is according to the ceo eric knoll. eric knoll will be joining me in just a few moments. scott is my cohost and ceo of keep holdings. the verdict could come any day now on whether the rising venture capitalists was really a victim of gender discrimination. edges you ever wish that you could test out the shower had a cookout on a stove before you buy? it is all part of a new retail

tom: betty liu, have a box they gave you get from amazon? of my shopping over the holidays and i am done. you can about what you are saying about reinvestment scott said there were be one big acquisition out of amazon this year. either it will be radioshack it could be gas stations given their locales, or he says the u.s. post office. [laughter] mo: the problem with amazon as they are in a crappy business. betty: is a crappy? mo: you know, delivering stuff taking stuff into warehouse is not the highest cash flow or margin business. it is a very defensive, tough business to be in. amazon does it better than anyone else, but it is not like -- if you were to stack rat industries you want to be involved ine -- tom: they are a five cents on the dollar business? christopher: if you're a low-cost provider by a lot, you can make a lot -- look at gas stations that are efficient. if you can do that, you can make a ton of money and put the other guys out of business. betty: why haven't they? mo: because their entire business is about dropping prices an

betty liu: it's the biggest restaurant chain in the world, feeding 69 million people a day. >> we arehtning rod. because of our size. betty: the food is fast, but what mcdonald's serves up takes years to make. >> folks believe that food just shows up on their table. betty: we go inside the golden arches. to find out what is in the secret sauce. and, how a restaurant built on burgers and fries stays competitive in a world of changing appetites. >> two all-beef patties, lettuce, cheese, pickles onions, on a sesame bun. it is all real food. ♪

our reporter spoke with betty liu this morning. >> that have been totally noncommittal.n't want to do what they like, owning the real estate. one analyst told me every restaurant company would want to own all the real estate, but they can't. they were able to do this model to gain control over the business. the narrow, chipotle they don't have the ability to own all the real estate. betty: how much do they own? exporting 5% of the land and 70% of the buildings. more than 14,000 in the u.s. it's a judge -- stuck in a company that owns a lot of real estate. it is so important to their bottom line. pimm: bloomberg contacted mcdonald's. they remain noncommittal. here some of the other headlines were watching for you today. the white house says there is no indication of terrorism in the crash of that german wings airbus in the french. all 150 on board or presumed dead. the flight was headed for the duesseldorf. here is german chancellor angela merkel. cory: is this what expansion is going to look like as a way to grow the brand and to fulfill as example the l.a. clippers? >>

guest: thank you, betty liu. betty: it is great to have you back on the problem. a while. what does it tell you that the ayatollah and his response to your letter says it is a collapse of political ethics in washington? we are told this by the supreme leader in iran? guest: that's exactly right. we are being lectured in political ethics by the leader of the islamic republic and the major state sponsor of terrorism around the world. a country that is racing toward trying to organize. pardon. betty: you also sent that letter to him? guest: it was an open letter and it was the truth. i think it is a port and that the american public knows what is the act state. -- it is extremely important to the american public that they know what is exactly at stake. there's no reason for iran to continue to enrich iranian -- uranium unless they want a nuclear program. if they want peaceful power, they can source that nuclear material in the open market. there is no reason, other than an weapons program, to spread their terrorism further throughout the world. this will be very dest

let's go to betty liu with an important interview on space travel. about a mission from mars? it is not russia versus america but a russian and an american joining together to see if life can exist outside. they lift off on march 27 and a record-breaking year-long journey aboard the international space station. while he is up in space, his twin brother will stay on land to measure the effect of life in the cosmos. captain kelly is with us live in moscow after undergoing rigorous training. great to have you this morning. how are you feeling? captain kelly: feeling pretty good. i have been over here for 2.5 weeks now. we had our last bit of training and concluded with our final exams. i have a rest week prior to heading to cause extent -- kazakhstan. betty: you have been pretty active on social media. inside what looks like a cockpit or a capsule you say this is about to get real. what is the biggest thing you will be looking for in this mission? what are you going to bottom line find out? captain kelly: we have a lot of responsibilities on the space s

surveillance," o i am olivia sterns p on "in the loop," the founder of usa network will be joining betty liuthe strength of the u.s. dollar. betty : kay popovic has two passions. a lot of retailers reporting. being hit by the u.s. dollar, the greenback. they are still well above 50%. a have seen the crash of the greenback. that is going to be a theme when we get our earnings in the next few weeks, how much companies like retailers have been hit by the u.s. dollar. olivia: for retailers it is also about tourists. betty: american tourists are doing great. we are getting a 30% or 40% discount. this coming here and buying luxury goods are having a harder time. on the sports side, are you a c ord cheater? olivia: i'm a cord a-la-carter. betty: i'm getting to that point, cord cutting. 20% of those who have gotten regular television programming actually steal other people's passwords. steal it might be a strong word, they borrow. netflix, hulu, sling tv are seeing up to 20% of their business some of the users are using shared passwords. this is an issue we will tackle with kay, founder of usa netwo

." ♪ >> from bloomberg world headquarters in new york, this is "in the loop" with betty liu.tephanie: one lawyer is calling foul. he is s

i am alix steel come in for betty liu. stocks will be little changed at the open.l spending fell more than estimated in january. john kerry is holding a high-level meeting in geneva with russia's foreign minister. the secretary of state is expected to discuss ukraine and the murder of russian dissident with surgery lavrov. -- sergei lavrov. in geneva kerry met once again with the iranian foreign minister looking for a deal that would shut down the nuclear program. the talks with iran are the focus of benjamin netanyahu's trip to washington. the israeli prime minister will address a joint session of congress tomorrow. he is speaking at the initiation of house speaker john boehner, who did not consult with the white house. still, kerry insists there is no problem between the administration and israel. sec. kerry: i talked to the prime minister regularly including yesterday. we don't want to see this turned into some great political football. obviously, it was odd, if not unique, that we learned of it from the speaker of the house and the administration was not includ

i'm betty liu. a deadly explosion at a coal mine in eastern ukraine.orted 47 people missing and two people dead. the blast happened in a rebel held area of donetsk. ukraine says it is ready to assist in the rescue effort but it is not permitted to send workers on its own initiative. ryan chilcote is at the site. he joins us over the phone. there has been conflicting reports about the number of those dead, injured missing. what is happening on the ground? >> it appears one individual has been confirmed dead for sure. they are concerned about the fate of 32 more miners. they don't have access to them. that does not bode well but they do not want to confirm them dead until they have gotten to them to be absolutely certain. it underscores the danger of these minds. the mines in this part of the world were already some of the most dangerous. with the conflict that is been going on, they only got more dangerous. what you have is shells in the past have been hitting electric stations. damaging ventilation systems floating mines because the pumps are not worki

♪ betty: you're watching "in the loop with betty liu" live on bloomberg television and string alive onlines a story that made us all smiled. 18 millio,716,000 miles -- that is how many miles he got for an 18 -- an ancient chinese ceramic. he used it to fly to his family in new york over the weekend. the spending do not end there. he just flew to hong kong. he paid $45 million for 15 century tibetan ceramic. he must be unlimited. it is 26 minutes past the hour on bloomberg television. you're on the markets. we look like you are making a little bit of money if you are a bull on the markets. scarlet fu is here with more. scarlet: crude oil is trading at a fresh six-year low. it is falling to its lowest since march of 2009. oils declining by more than 9%. the question is that is there more downside ahead or could this be finally overdone? joining me now is bob, who is a chief strategist. good morning to you. is this a matter of supply and storage? is that what is tracking oil prices lower this weekend go? bob: it is coming to quite ahead faster than physical oil shops would. the amount of oil

i'm betty liu. we are 90 minutes away from the opening bell. we've got a great show. market watchers are saying there is a chance that the s&p will hit 2600 this year. he makes his case in a moment. the e-commerce site that was once the darling of the tech scene valued at $1 billion. what does he plan to do with it keeping up with blue mobile how the kim kardashian game is crushing it in the mobile gaming world. do you get enough of the kardashians? let's look at top stories. the prime minister talks with angle up merkel and other european leaders but they are not promising unless greece comes up with reforms. it the time for greece to step up is now. >> the greek trimester declared he is willing to submit a list and is willing to do this quickly. the situation is one where trust is needed. urgency it is needed to concentrate the focus. this was a constructive dialogue. betty: greece has bills to pay and its coffers are nearly empty. even finance ministers could meet as early as march 27. they finally agreed to merge. this paves the way for the biggest cement maker. t

i'm betty liu. the u.s.rs for disease control taking on the electronic cigarette industry for the first time. this ad started running in prepublication yesterday -- three publications yesterday. he wound up using both products -- she wound up using both products until she ended up with a lung disease. it is part of a $68 million anti-smoking campaign being rolled out by the cdc and comes as the fda weighs new rules for regulating electronic cigarettes. joining us is miguel martin president of logic technology the second largest e-cigarette manufacturer in the nine states. -- united states. miguel: with the cdc and the fda there is a lot more we agree with. the cdc has talked about a lot of things. access to these products to kids. we completely agree with that and believe these should only be confident -- sold and targeted to adults. betty: what are you doing about it? miguel: we are not going to come out and refute the cdc. we support the fda and the science-based approach. betty: the cdc and critics would

you're in the loop and i'm betty liu. we have a great show lined up for you on this that day.e fed decision live at 2:30 p.m. this afternoon, as well as janet yellen news conference at 2:30 p.m. eastern time. first, we will your the senate side of the budget. what won't they accept from the house version? will be joined by republican congressman tom cole of oklahoma. he is a member of the house budget committee. and also upgraded the world to 5g and why hans vestberg is out to stop apple. johny hendricks, the founder of discovery joined us in just a few moments. here's a look at our top stories this morning. benjamin netanyahu is in a strong position to ask and his lengthy role -- to extend his lengthy rule in israel.

>> from bloomberg world headquarters in new york, this is "in the loop" with betty liu. this is "market makers" stephanie: one lawyer is calling foul. he is suing the ncaa. are you conservative enough for republicans? many gop voters have their doubts about jeb bush. we put together a focus group in new hampshire. it is high-tech. a luxury watchmaker is joining forces with silicon valley. welcome to "market makers." our stephanie ruhle. >> and i am bill cohen in for erik schatzker. it is march madness. stephanie: it is and we will discuss it over the next couple of hours along with bill's beard. we have some breaking economic news. the leading economic indicator scarlet fu is in the newsroom. our viewers want to not hear about bills beard so much. scarlet: business outlook survey is a disappointing read. the index came in at five which indicates a drop from the previous month of 5.2. this is an unexpected decline. economists were expecting an increase to seven. the second data point is leading index. it has seen a sharp deceleration over the last half year from 1% in jul

he spoke with betty liu this morning and said he was impressed by how well they responded. >> it is criticallytant how they responded for the marketplace. the cost structure is much lower, the balance sheet is much better. they laid out for the public how much cash they need to whether -- eaweather another recession. erik: he will get back $5 billion in stock rather than the $8 billion he was asking for, and not get a seat on the board. twitter acquired periscope live streaming and video. users will be able to explore the world through someone else's eyes. the u.s. ambassador to south korea has left the hospital five days after he was slashed in the face and he is directed to return to work as soon as possible. he required 80 stitches to close the wound on his face. and in pro basketball, chris bosh plans to start playing again in september. his season was cut short because of blood clots in his loung . erik: a new report urging equality for women. stephanie: weiland concludes that there has never been a better time to be born female so much work still remains even in the united states. i got

betty liu will have alan krueger with her. we have our top headlines.t is jobs day in america. the federal government releases february's jobs report and it may be as much about the weather as it is about jobs. the weather in washington may also delay the release of the report. in moscow, vladimir putin had his first state to state visit from a european leader with matteo renzi. a woman who nearly died in the boston marathon bombing offers her testimony and writes an intense message to the defendant. she addressed the accused man directly, calling him a coward. singh, you can't handle the fact that what you tried to destroy only made stronger. she lost her left leg in the explosion at the finish line. america's increased oil output is creating a problem. where to put it. they oil supplies are almost 7% of capacity. they might be forced to sell oil a cheaper prices. the latest wintry blast paradise -- paralyzed much of the nation. the famed iditarod sled dog race because there is not enough snow in alaska. the weather that pounded the eastern u.s. left a

i'm betty liu. hillary clinton has spoken.t doesn't mean anybody feels they have gotten the answers as to why she used a personal e-mail account. dan pfeiffer tells charlie rose this will all go away soon enough. >> republicans have looked at hillary for a long time. there is a vacuum in our political discussion right now. once there is enough and running candidate, this will be faint memory. betty: will it really? joining me our political strategists from both sides of the aisle. penny lee and ron christie. i know you have been tweeting up a storm here in reaction to the whole e-mail controversy. i want to read one of them. "not buying any of this." a good point. how do you respond penny? >> it is going to be an interesting time. unfortunately, we are in the midst of a long and bumpy road. we will continue to see controversy and skepticism and scandal out there. unfortunately, the american people are going to have to weather this through a long period of time. betty: it is not the american people. it is those who support clin

we will provide perspective for betty liu later in the morning. be on "bloomberg surveillance." one of america's great labor economists. ubs has absolutely nailed optimism and the trend of optimism in the american economy . drew matus will give us perspective on the weather effects. we will see how this folds into the equity markets. you talked about the immense optimism that some are calling for in the markets. we will look at copyright in america. there have been a host of copyright lawsuits, where people who wrote a song a million years ago think somebody stole their song. guy: as a former musician yourself tom, i think you're very well-qualified to do that. tom: i have to keep my opinion out of it. i will try to stay out of the debate. guy: we will see how that goes. tom keene up shortly with "surveillance." francine lacqua is south of the river at the women of the world festival on the south bank. what is it like? what is going on? francine: there is a real buzz at the south bank. this is the head of international women's day on sunday. we ha

good morning, i am betty liu. today passes big number, one million jobs. the u.n.med up with uber saying it would create that many jobs with women over the next five years. the u.n. had gotten plenty of heat from labor unions to the ridesharing startup. meanwhile, a new report says there were cars on the streets of new york city. they now have 14,000 uber cars here. it is 26 minutes past the hour. bloomberg television is on the markets. scarlet fu has much more on the breaking news desk. >> thanks in part of a weakening dollar. how should you be trading right now? bob, a chief market strategist. bob, good morning. there is what saudi arabia is doing but the opec governor of saudi arabia made comments saying oil is unlikely to rebound $100 because higher prices will lead to more output parent do investors have confidence saudi arabia's actions or words -- oil prices? >> the most telltale saudi arabia in action, you're looking at a situation where people are focused on rate town spirit i understand that. production has fallen off. another increase in production last

. ♪ betty: good morning to it i am betty liu pair the world plus's largest maker of wireless networksattempting to regain some of its fated luster. stocks nowhere near as high of over $90 back in 2000. erickson is now returning to job cuts as a means of boosting earning. erickson plans to eliminate as many as 2200 jobs in sweden about 2% of its workforce. joining me now is the ceo of erickson. always hard to read something like that when there is a ceo of the exact company sitting next to me telling me they have been cutting jobs. >> i think we have been handling it well. we have left many areas. we are now number one on media solutions and building systems in the world and number one in mobile infrastructure so we of course are transforming what was front of us. betty: 5g. i know at the conference you announced 5g. how far along are you on 5g? >> first of all, you decided requirements for 5g. it is 10 times lower than other networks. we can do them all differently. we need to put them together and work on the device. the device is large. there we are. the most important we will see i

you're in the loop and i am betty liu. we have a great show for you ahead.e on why he is still a big believer in the u.s. economic recovery. his take on economic sanctions in russia. they will work. he says be patient. if you are a frequent flyer, you will like this. new york airport, undergoing a makeover that might make you -- it will make me want to stay at the airport. the guys behind the redesign david rockwell and rich black stein. here's a look at our top stories. will the supreme court overturned a pillar of obamacare? the justices will hear a challenge to the affordable care act. the issue, federal subsidies. states that do not have their own health insurance exchanges. coverage for some 8 million people is at

he told betty liu that capital investment is bring this being crowded out by government spending. >>are confronted with right now is a very serious problem caused by the fact that capital investment has been falling far short of the requirements necessary to keep the capital stock growing and therefore productivity. it is not working. stephanie: greenspan says congress should address the issue but both republicans and democrats are simply afraid to do it. there has been a big drop in consumer confidence this month. the university of michigan consumer sentiment index fell to a four-month low. americans are optimistic about the economy but that is being tempered by weaker income expectations and a rebound in gas prices. samsung trying to compete with apple, going upscale. the company needs more premium materials to win back customers. apple has tied some sun for the lead in global smart phones. sam's hand -- samsung plans to offer more phones with metal casings and high-definition screens. eric: mario draghi says he believes quantitative easing will boost the eurozone's sluggish econom

for more, i am joined by betty liu and stephen anderson a senior analyst with miller quebec. it like in the boardroom now? what is the biggest tension the board is grappling with? stephen: investors are looking for that "plan to win" moment, a strategy put out in 2003. that was the turning point for mcdonald's to turn the corner back then. back in early 2002, mcdonald's at that time bore the only quarterly loss in its history. right now, they are looking for that moment, that catalyst to drive sales globally. almost all markets except europe -- alix: talking to analysts, they like the customization track mcdonald's is going down, but in essence, that is what is killing mcdonald's. betty: it is slowing them down. john thompson did part of this during his tenure trying to simplify the menu. i all accounts, mcdonald's is doing the same thing. one of the things that has been prevalent among their competitors like chipotle, wendy's, and others -- others have been investing in their stores, renovating their stories, wendy's in particular. mcdonald's clearly has not. they have done

you are in the loop and i am betty liu. we are 90 minutes away from the opening bell.in the week. jeremy siegel, the wharton professor. he was spot on then. now he says dow, 20,000. a further spotlight on the jobs picture. 30 minutes away from initial jobs claims ahead of friday's labor report. attention is on wage growth. on that note, we have kroger paying less than walmart or target. michael schlott and joining me with exclusive comments. here's a look at our top stories this morning. the u.s. ambassador to south korea says he will be back at work soon despite getting 80's digits for knife wounds. that is the scene of the inch best of the incident. the attacker

betty liu on the tesla announcement later today.k, our twitter question of the day. ♪ tom: good morning, everyone. "bloomberg surveillance." we have a $42 print on oil a bit ago. and more's reaffirm -- ed moresese reaffirming oil headlines. olivia: the federal reserve is opening the door to the first interest rate hike in a must a decade. they do not appear to be in a hurry. when they start raising rates, things will move slowly. the price of oil falling after a brief rally. a barrel of west texas intermediate trading under $44 per barrel right now. prices regained more than 2% yesterday after the fed cut its interest rate. the president of the swiss national bank is pledging to keep interest rates low in that country. thomas jordan technology and dropping his defense of the frank had added to his country's economic challenges. he said the currency remains overvalued. the s&p is predicting and in -- s andnb is predicting the weakest inflation rate since 19 60. the israeli politician who finished second to benjamin netanyahu says he

i am betty liu. we are 90 minutes away from the opening bell. also, a big property player.rgest homebuilders, ara hovnanian. plus, a woman who specializes in divorce is helping dozens of wealthy women grab their share in settlements. remember the $1 billion check to his ex-wife? and, titans at the table, cruising the highest see, why the cruise industry is looking to avoid any depth. more on hours national airing thursday night right here on bloomberg television. first, a look at our top headlines. a major deal in the food industry. merging.

i am betty liu.meet another california bright idea on the east coast good let me tell you about this one. this is a company that is poised to do what appliances did like apple did for smartphones. check out this where you can operate over 30 operable showerheads. it is all about the try before you buy concert. the latest store is the first on the east coast here that will open in my home state of new jersey. the ceo jeffrey sears joins us this morning. he was recently near -- named disruptor of the year by the national retail federation. it is great to have you here this morning. why is this concept so different and why hasn't anybody thought about it before? jeffrey: it is a privilege to be here. i cannot speak to why no one has thought of it before, but our view is can we go to the market and disrupt it completely and give the power back to the consumers so they can dream and play with the product and stripe before they buy it and make a great decision on how to have inspired moments in their lives

he spoke to betty liu earlier today. >> when you look at the capture rate in energy futures versus otherarkets, it is quite stop -- it is quite stark. all in with clearing, it's under $.20. the first -- the main competitors charge $1.34 or $1.45. it's a huge difference. >> that ecb governing council members as negative on rates are not here to stay. he spoke about the ecb's qe program. >> the intention of the program is that we can get into the territory of higher inflation rates and higher expectations. that should translate into higher government bond yields. >> a former j.p. morgan executives is heading a virtual currency startup. he aims to change the way traded assets are settled and recorded using bitcoin. staying on finance, the final report card for big banks part two of the fed boss stress test results will be released later today. all 31 banks may have passed the first round last week, but now they will find if they've got the green light to pay out capital to shareholders. billions of dollars are on the line and several dollars as well. i'm joined by keri geiger. is goldman sa