bloomberg."is ian president of eurasia group. that is at 7:00 and 10:00 new york time right here on bloomberg. aubrey david, the world's richest soccer club -- abu dhabi , the world's richest soccer club, has a new training facility. bloomberg went to find out more. >> this is probably as good as it gets. we have researched across the globe multiple swords in old will countries -- sports in multiple countries will stop everything to give us that extra edge as well as insight into how our players are performing. we have the technology to make sure we thought of everything and gave our players every advantage to develop. 80 acres, 16 pages, only four of which will be used by our first team. the other 12 are being used by boys and girls of the youth academy. and a second stadium, a 7000 feet academy stadium this will be the under 21 or under 19 champions league. >> our aim is to have players move through the academy and. -- and up. but football is booming, it's the world's most popular sport -- >> f

bloomberg surveillance."oil finds a bid, and how will the new new of oil affect your america? prosperous, japan struggles. and this may and/or july, where will the job before the newly minted college graduate? good morning, everyone. this is "bloomberg surveillance." we are live from our world headquarters in new york, tuesday, december 2. i am tom keene, joining me scarlet fu and brendan greeley as well. here is scarlet. x russia feeling the impact of the plunging oil prices and the conflict in ukraine. russia may fall into its first recession since 2009's ear. the world's biggest energy exporter is russia and oil prices have tumbled 30%, plus sanctions over the fighting in ukraine have hurt the economy as well. all of this has led to the ruble weakening over the last three months. meanwhile, russian president vladimir putin is in turkey where he has given to european pressure and scrapped a proposed pipeline that insures the pipeline from russia through ukraine will remain vital links to europe for years. o

next on bloomberg west. ♪ >> i'm cory johnson. this is "bloomberg west."r-old was so shocked when he found out about the cost of braille printers. so he used to some tools to build it a braille printer, reducing the cost from $2000 to $500. intel took notice of this project and invested around for his new company. brago labs. he joins me now, because school is off. only a kid in silicon valley would think, i'm going to turn my legos into a business. this is wonderful. >> first of all, thanks for having me. that is the first braille printer i made back in last december. >> you were in the seventh grade. >> yeah. >> you made this out of legos and stuff from home depot. when did this happen? >> in december, i came back from school and i sat down and did my homework. and then i went to check the mail. i came back in i was looking through the paper and i saw a flyer asking for a donation for the blind. that is when i had a question. i asked my parents, how do blind people read? they were busy, so they said don't disturb me. google it. >> your dad is a nice guy.

we will be back with more bloomberg news, next. ♪ >> time now for bloomberg television "on the markets's get you caught up on stocks today. what a day. volatility dominated the markets. declines in tech and consumer discretionary companies offset to a rebound in energy shares. all of this before the monetary decision. ♪ >> you are watching "bloomberg west," where we focus on innovation, technology, and the future of business. i'm emily chang. amc theaters has created the netflix of movie theaters. a movie pass is a movie pass is a subscription-based service that allows users to watch movies for a monthly fee. it starts and boston and denver and will allow people to visit a movie theater once a day for around $35 or $40 a month. additional cities are expected to be added later. the movie pass ceo and cofounder stacy spikes with us from new york. how exactly is this going to work act oh how did you come up with this particular pricing and structure? >> sure. the way it works is we already have a 2d plan in the marketplace. this is a premium product that is one step above the 2d/3d imax,

this is "bloomberg west."he sony hacking has hit the tech world with information investmenthat, the .eaked in e-mails bloomberg news reporter sarah frier trends meet more from san francisco. hacking, the gift that keeps on giving for the media. really a headache that gets bigger and bigger for sony. right? >> absolutely. especially snapchat. snapchat is one of the most he gripped companies about everything they are doing. one of the most secretive companies about everything they're doing. they never talk about deals. we all knew facebook tried to buy snapchat for $3 billion last year. what these e-mails seem to suggest is the price was even higher than that. there were e-mails from the sony did they seriously turn down this $3 billion? responded saying, use the real number --it seems to suggest it was higher. >> is this a facebook head ache as well? mark zuckerberg upset that details were leaking about his investigations? upset.he was pretty this isht -- you know, just not fair play, and actually snapchat's in

this is "bloomberg surveillance." ♪ >> good morning, "bloomberg surveillance."tom keene with scarlet fu and brendan greeley. west texas, 63.94. a better tone to oil today. let's get to my morning must read right now on technology. we do that with brian wieser here. brian wieser with us that made a historic call on facebook. he says, higher over $100 a share. my basic take is this, brian. facebook fail. facebook fail. facebook, wow. almost like a five to one ratio. how do you stop facebook in 2015? >> i don't think you do. >> they are the genie out of the bottle. >> where you start your most internet activity, it is still facebook. >> what he talked about earlier, do you just assume all media has to adapt to the newsfeed, whether printed, whether video, even whether audio? >> it is an important part if you're a publisher, as a publisher strategy -- >> can they block that? >> i don't know. >> i don't see it. they just disappear. it is fascinating. >> is twitter journalism -- do you consider twitter journalism? >> there is journalism on twitter. >> is there? >> if

we will have more "bloomberg west tomorrow -- "bloomberg west" tomorrow. ♪

"bloomberg surveillance." ripplelooking at the effects of a new oil order. this is bloomberg surveillance from bloomberg television. ♪ >> could not be better time, folks. 10:00 a.m. this morning on "market makers compo frank keating. not only his perspective on american banks. frank keating on the politics of the republican party. frank keating with oil, where ola -- where oil is. look for that at 10:00 a.m. this morning on "market makers." it is "bloomberg surveillance." tom keene with brendan greeley and scarlet fu. >> oil prices continue sliding. they will not stop with prices 2009. lowest since wti falling below $65 a barrel earlier today. the implications are global. hans nichols joins us from berlin with his view on oil. falling oil prices is good for -- >> in some cases this is a theoretical case. you look at the physical market and the futures market, the futures market is 30 times bigger for oil. what we really have here is a test case, one for the books for the economics department -- what is the bre

is up more "bloomberg west" will be right back. ♪ >> you are watching "bloomberg west" where we focusvation, technology and the future of business. hostage crisis has ended in the city chocolate shop where it took place after an armed gunmen took patrons hostage. for anadrupled its fares extra can people. their minimum charge with $82. theysent out a tweet -- started by sending out this tweet -- "we are all concerned with the vent in the central business district, so fares have increased to encourage drivers to come online and pick up passengers in the area." and they updated their site saying trips will be free. higher rates are still in place but we encourage drivers to get in all stop finally, after posting their tweet -- they say uber rides are free. how damaging was this move and is it time for uber to figure out something about crisis business management, let alone crisis pr. guest is somebody who knows a little something about crisis pr. the pr thing, they have done a horrendous job. >> i don't know if it is a cultural thing at the company but they could have acted more quickly

this is "bloomberg west."ost people have never heard of doxing. it's when private information is shared on the web worried that information can be shared legally or illegally. a conservative blogger posted the full name and photos of the alleged victim on twitter. there was an outcry against him, tors tweeting at twitter remove the blogger from the service. so what should services like twitter and other social media outlets do to protect their users against doxing? who docs thisser -- doxed this user is still tweeting today? what is the responsibility? >> i think any social media outlet, if it's being used to intimidate or harass an individual through doxing, they should immediately cease that user's account, whoever is using this doxing technique through their social media platform. >> twitter's response is that they do have certain policies in abusive users, they do block certain users. more extremee in saidtions, -- an executive he had a user wishing death upon his family. and twitter wouldn't remove that u

we will talk about that next on "bloomberg west." >> time now for bloomberg television "on the marketr co let's take a look at what happened with stocks today. we saw another slide. oil prices down once again. wti falling below $56 per barrel. we saw utilities and health-care stocks fall as well. ♪ >> you are watching "bloomberg west," where we focus on innovation, technology, and the future of business. i'm corey johnson. the hostage crisis ended at a sydney chocolate shop. uber quadrupled its fares. for panic-stricken people fleeing the business district in sydney. they sent out this tweet. concerned withl events in the central business district. fares have increased to encourage more drivers to come online and pick up passengers in the area. later they updated their twitter to say -- just how damaging was this move finally, after the initial hour isy posted the following -- it time for them to figure out a plan for crisis pr? peter, first of all i want to talk about the business decisions. the pr thing, they have done a horrendous job, it seems. >> i don't know if it is a cultural

this is "bloomberg west."lusre talking about uber struggles breaking into the indian market and a recent claim that a driver raped a passenger there. now the government is saying uber is not only not welcome, but it will be blacklisted the future. it's just one of many challenges facing the ridesharing company these days. uber how should and its executives handling the situation? that's the subject with maynard webb, currently on the board of salesforce. as well as yahoo!. what would you say to the ceo right now if you had him a room? >> i would say i feel for you and i wish you well. travis will have to give great coaching advice, but i think problems like that are opportunities to make your company far better. while it is horrible that a woman got raped and we should do everything in our power to make sure that gets prosecuted well, we should find a way to build friends in the government and figure out how to make sure we can still conduct business in an appropriate way. >> what about in terms of attitude --

this is bloomberg "surveillance." ♪ >> good morning. bloomberg "surveillance."picker and for scarlet fu. brendan greeley spent all day yesterday going back-and-forth between "frozen" and his single best chart. the single best chart was more interesting. >> relying too much on consumer confidence is a predictor. josh wright looked back at .onsumer confidence in 2010 the mood of the under 35's has increased faster than the mood of the under 55's. something is weighing seniors down. >> we have a demand-supply issue. more older people who want to work and less demand in the economy. >> can we get a camera on tom? he's being weighed down. a metaphor made real. tom keene, and millenial inside. >> what is the difference between leslie picker and me? >> not sure how to answer that. i wager that leslie is a little bit more tech savvy. i'm sure you've made great strides in keeping yourself up to date. it is different when you grow up with technology. more.arently i'm spending a lot of us in the millennial generation started our careers in the financial crisis. you start w

bloomberg surveillance on radio continues. "in the loop" on bloomberg television's next.ment at 2:00 p.m. today, the consensus of economists surveyed is that they will drop. >> a shootout. >> janet yellen versus everyone else. we will be back. ♪ . >> we are alive from headquarters. we are "in the loop." several hours from a much-anticipated fed statement out at 2:00 tim eastern time. will they set the stage for a rate hike next year? to major business leaders in the u.s. will be joining me on the fat, but also on the growing russian crisis. is this the black swan event that was hiding in plain sight all your long? billionaire investor will -- wilbur ross and on people's gives me their take less debate -- wilbur ross and don peebles. on facebook, announcing he is exploring a presidential run, jeb bush. >> another wild ride for the ruble. the russian currency gained more than a percent before falling back a day after the central bank intervened by raising interest rates. russia's finance ministry jumped in and they bought google. google is down 52% so far this year.

here's a check of your bloomberg top headlines. troops in pakistan ended a taliban attack on an army run school in the northwest and city .f pasha walk the majority of those killed were children in what is being called the countries deadliest terror attack since 2007. authorities say that all 10 terrorists were killed during the operation. jeb bush has taken another step towards running for the republican presidential nomination in 2015 -- 2016. anna facebook post he wrote "i have decided to actively explore the possibility of running for president of the united states." according to a recent poll he leads the early primary fields if mitt romney does not run. find sprintlan to $105 million for billing phone customers for unwanted services. agency officials told bloomberg of the penalty was proposed by the fcc chairman, tom wheeler. sprint is the third carrier to come under through a for the billing practice that is being called cramming. customerss allowing to roll over high-speed data allotment in their latest marketing push to lu

that's next on "bloomberg west." >> i am emily chang and this is "bloomberg west." ebay, hp, and symantec have announced major spinoffs this year. breaking up is hard to do, but some of the biggest tech companies in silicon valley seem to see the advantages of it. are the splits part of a new industry trend? cory johnson back with more on that. >> this is an interesting story about where great opportunities are. we went to think about silicon valley as two guys, a dog, and a garage. there are some great opportunities from companies that exists in other parts of giant companies. a new venture partnership that hasn't experienced carving out some of the successful businesses from large companies. this is a new partnership that is based on an old partnership. rob, talk to me about the big picture idea about where you find opportunities to invest in. >> the opportunity lies in large companies. these companies have nuggets or business divisions that are no longer strategic. no longer imperative. and we work with them to carve them out, spin them out, or establish a joint

we say good morning, it is "bloomberg surveillance." ♪ >> good morning, "bloomberg surveillance." scarletr is in fu. renting greeley with us as well. looking at the u.s. markets, down near 18,000. we have to look abroad as well. how about a morning must-read on russia? i was a smart morning note. former finance minister believes -- gartman in bold caps off says, don't either ruble. robert michael with us. >> i'm looking at news on the bloomberg terminal from 6:00 this morning. there is a bill just push through russian parliament that depositow the federal insurance agency to ask a take a stake in a bank before goes through bankruptcy. >> trust bank in moscow when under to the tune of half a billion. do you and your firm expect more failures? >> within russia? >> yet, within russia. >> there has to be some. we look at the problems they're facing with energy and a problem with the ruble, there's going to be some shakeout. you're beginning to see policy response from everywhere. certainly, from within russia. there's also talk of the chinese extending an olive branch, giving credit.

this is "bloomberg surveillance." i'm tom keene. joining me, tom keene and brendan greeley. -- scarlet fu and friends in greeley. -- brendan greeley. russia across central bank bankssia's central increased its interest rates to 17%, gained, and also the game. of its gains.ll the yen keeps strengthening. the yield on the japanese five-year fell to a record low. the yield on the 10 year rose. oil sprintedof past another milestone today. west texas intermediate fell below $55 per barrel for the first time in five years. brent crude fell below $60. oil is now down 45% this year. it may fall further. opec should not be expected to cut output while other producers cut more. -- pump more. policymakers at the federal reserve a two-day meeting. the fed's open market committee is seeking a way out of the loosest monetary policy in a century. it is another commodity in challenge. how about orange juice? it is still the most popular fruit beverage in america. we just nondrinking at the way anita bryant told us to. tropicana has l

"bloomberg surveillance," i'm tom keene.eslie picker in for scarlet fu, and been dran greeley goes into the lab. >> amazon prime now offers a christmas holy grail, leave your shopping until the thth, but still order online, have it arrive in an hour. we are excited. we are suspicious. julie hyman joins us. you are our senior delivery correspondent, julie? >> yes. >> are we going to order something? >> that's the special title just for today. there are a couple of caveats, it's only available in a handful of zip codes in new york city, in manhattan. luckily we are in one of those zip codes. also, you have to be an amazon prime sb scriber already. you have to be the $99 a year subscriber and put the app on your phone or another device. you can't do it over your laptop. now, without further ado, i'm actually going to order something. i thought i would do some last-minute shopping for you three. am -- i have already placed items in my cart, only mr. keene still needs some shopping. this is the home page. it says hello, julie. an

good morning, this is "bloomberg surveillance." we are live from our world headquarters in new york. it is wednesday, december 10. i am tom keene with scarlet fu and brendan greeley. let's get to our top headlines. >> overnight, in announcement that commerce has reached a deal for u.s. spending bill that would avert a government shutdown. but there is something for everyone to dislike in this bill. conservatives are unhappy because the bill failed to challenge president obama's immigration policies. some democrats displease because the bill rolls back rules affecting banks and clean water. leaders in both the house and senate support the measure and the house is expected to vote on it tomorrow. chineseal of fortune in stocks a day after a route and chinese equity sparked a global selloff, rebounded almost 3%, perhaps resuming its rally. speculation china's government will add stemless after inflation reports. of estimates below 2%. >> the price of oil has resumed its slump. it may go lower. west texas intermediate fell below $63 a

gig, next on "bloomberg west." ♪ >> i'm emily chang and this is "bloomberg west."ne of the fastest-growing startups in silicon valley today -- it has just hired a new coo for the long track. he is the former ceo of paypal and founder of yammer, which he sold to microsoft for $1.2 billion. why hire him now? efits?d he go to zen i you and i have talked for a long time. retired. have coo?he ceo -- >> this is one of the most exciting companies i have seen. introduced -- he was raving about this company and telling me i have to check it out. parker got me more and more excited about what he was doing. his vision for the company and is unlikeon around it any company i have seen in the last 15 years. >> i know you have been thing about this. you are going back to your operator start up roots. why? >> i guess i am an addict. growth is a drug. , thek back at my career times that were the most fun were the times when i was dealing with extremely fast growth and companies like paypal and yammer. off -- i decided i liked the companies better. zenefits has done in one year what

mark zuckerberg has been speaking to bloomberg. he explained the motivation behind his internet project which aims to get the entire world online. >> if we were focused on profit, the most reasonable thing for us to do would be to really focus on the first billion people using our product. the world isn't set up equally. the first billion people using facebook have way more money than the rest of the world combined. >> we will have more from that exclusive with mark zuckerberg. we will play it out later on. another bloomberg exclusive now, rio tinto's ceo has been speaking about why his company turned down a merger approach from glencore. >> we are totally different organizations. we are an organization focused on the long term. expiration, in terms of long-term relationships with customers, in terms of our green project development. is very short-term. trade and do a deal. that is a very different philosophy to us. >> balfour beatty has turned down a one billion pound offer from john lang for its portfolio government backed projec

here is a check of the bloomberg top headlines. president obama has been meeting with ceos of the business roundtable in washington. while there, he spoke about the possibility of reforming the tax code. >> there is definitely a deal to be done. i think two big hurdles that we will have to get over. the first is the classic problem which is people are in favor of tax reform in the abstract and sometimes more concerned with tax reform in the specifics. the president also told business leaders the plans for immigration reform will help the u.s. economy. steady progress of science in the recovery process for the economy. adp numbers went up. a new york city startup publish the content of the adp report for minutes before the scheduled release. -- four minutes before the scheduled release. the upcoming sony movie "annie" has been removed from some filesharing websites. this is according to a person a millionaire with the situation. another posted online after it was hit by hackers. they have offered employees identity protection. amazo

bloomberg during my show and we had an interesting chat.asically -- he feels as though he's been taken advantage of by sander general. the hedge fund that he pledged to share through a 42% stake. and he said you know i pledged the shares and they promised to put me back into the company of the the results investigation. well the investigation was completed and according to some of my sources at sander general, decided given the results of the investigation they would allow the board to make its own and supported the board when the board decided to terminate him. suing ing them, he's everyone. new ry much would like a take theto come in and company private. there are certain clauses that would prevent him from doing that. living here in new york on the lower east side. he down to the last 100 k, told me. $800,000 a guy making year as the ceo of the company. >> did he have anything to say general?er >> i'm going share that with you. i quote here, i gave them my life's work and they agreed to put me back in. they used the investigation to me.e

that is next on "bloomberg west." ♪ >> time now for bloomberg television on the markets.tone today for u.s. stocks. the dow and s&p both reached records. the dow reaching 18,000 for the first time ever. energy stocks helping lead the gains. the gdp for the fourth quarter rose up to a 5% annual take since 2003. >> you are watching "bloomberg west." "the interview," the sony film that prompted the hacking of sony pictures, will go on limited release on christmas. small theaters are among those that will be showing the film. sony pulled the film after threats from hackers. one of the most controversial deals in cable, the purchase of comcast. the fcc was flooded with comments to reject the deal. time warner cable just submitted 31,000 additional documents that commissioners need to review. can these tv providers compete in the year ahead and what is the role of telecom in all of this? joining me now is the cofounder and partner of the first venture capitalists fund focused entirely on telecom. i feel like this year in telecom has been very interesting as well as the year in

a check of the bloomberg top headlines. the s&p 500 has closed at a new record high as all three index posted gains today. president obama said the u.s. economy is right on track, especially with energy. >> on energy, we have seen a revolution that is changing not just the economy but also changing geopolitics. not only is oil and gas production up because of technological changes that have taken place, but we've also doubled our production of clean energy. >> oil futures up after the selloff. diane feinstein wants the faa to tighten restrictions on drone pilots. in a letter, she said recent reports of close calls between drones and commercial planes are alarming. they are proposing criminal penalties. more reason for disney shareholders to smile. they are boosting the annual dividend by 34%, $1.15 a share. disney stock hovering around an all-time high posting record revenue and profit in the last fiscal year thanks to hits like "frozen" and "guardians of the galaxy." and raising $500 million to start a second fund to inves

thank you for watching this edition of bloomberg west.ll the latest headlines on bloomberg.com and bloomberg radio. ♪ this is "bottom line," the intersection of business and economics with the main street perspective. to our viewers in the united states and to those of you joining us from around the world, welcome, we have full coverage of the stories and stocks making headlines this monday. bloomberg's chief washington correspondent looks at the spending bill deadline and negotiations to avoid another u.s. government shutdown. su keenan follows it down to five lows. shelby

andy sharp from bloomberg news, tokyo.ench president has taken a big step on the road to a political comeback. sarkozy was elected president on saturday with 64% of the vote. we get more from paris. this victory was actually a little bit narrower than expected. >> that's right. sarkozy is back, about the his victory was much smaller than expected. his supporters were expecting closer to 80% of the vote of the u.n.p. party members, so that puts him in a tricky position, because that could create other right-wing leaders to stand against him in the 2016 primary. these election doesn't entirely mean that nicolas sarkozy will be the candidate to run in the next presidential election. there are other really strong candidates on the right wing, especially the mayor and former prime minister who is still considered as the most popular politician in france with 57%, and many voters think that he would be a better candidate to run against him in the next election. >> what's next for sarkozy, caroline? >> so, of course, francine, hi

is "bloomberg west." fbi is warning businesses that hackers have already used illicit software to launch a cyber attack in the united states. this comes following a breach at sony pictures that saw unreleased movies leak out on the internet. said the attacks are connected. how many other businesses should be concerned about this warning from the bureau? the vice president of research and boston. specifically, what makes us think these attacks go beyond sony pictures? that thek investigations they have been carrying out suggest there is seenre that has been elsewhere. i would suspect they have that whoever is perpetrating these attacks is targeting other companies as well. it's very common to use malware to go after this and extract information that might be useful in attacks. hishingng word but these are attacks where they will see what they can find and look forholes insecurity and maybe exploit those? >> that's the typical way it goes. you are not that far off when attacks.hishing the most common way to

that story, next on "bloomberg west." ♪ >> i'm cory johnson, and this is "bloomberg west."bi is warning businesses that hackers have already used malicious software for an attack in the united states. an unreleased movie starring brad pitt leaked onto the internet after an attack on sony. experts already connected the dots. how many other businesses should be concerned about this warning from the bureau? the vice president of research -- chris, what makes us think these attacks go beyond sony pictures? >> well, i think that the investigations suggest there is malware, common types of malware that have been seen elsewhere. i would suspect they have intelligence that whoever is pervading the attacks is targeting other companies as well. it is, and to use malware to extract information that might be useful in further attacks. >> so these might be -- these are attacks were they will see what they can find in the maybe later exploit those? >> that is the typical way it goes. you are not that far off when you say phishing attack. the most common way to get malware on systems is t

of "bloomberg businessweek." moving and shaking this hour, , as theyf uber completed another round of fund raising. lyfthief -- chief rival is and it is not a friendly rivalry. aboutd the ceo of lyft uber's admission that they tried to thwart fundraising. >> it did not work. we choose to focus on what we are doing end and has worked well. when a competitor names you and calls investors, there is concern about what we are doing and how it is succeeding. we will continue on the path that we are on and we are excited about that. >> let's turn down to media news. cbs says it will not be pulling the plug on content on dish network. joining us, paul sweeney, the director of north american research for bloomberg intelligence which provides unique real-time research on companies. who will come out on top? it came to a peace agreement, but who will win? prologue, the networks tend to wind --tend to win. if you are cbs, you are in a ergenosition, and charlie said cbs programming is important for his business so he wants to

new york right here on bloomberg. that is our look at the top stories that we are following at this hour. coming up, november u.s. auto sales, black friday boosting sales that -- last month, we will take a look at what consumers are buying and get in outlook when "bottom line" continues in a minute. ♪ back, this is "bottom line," on bloomberg television. november proved to be a good month for u.s. automakers makers, sales rose as black friday specials attracted consumers to the floor rooms. matt miller joins me now with the numbers. i call them showrooms, does it matter? that is fine. the dealership is what most people would say. basically black friday has become a really big deal for carmakers now. you think of it mostly for retailers, but now they have aboutd, as we talked yesterday, car dealers have started offering incentives to really get the shoppers into showrooms and out of, say, the gap, wherever you are shopping, obviously. [laughter] ford, chrysler, and gm showrooms. >> wended the light come on? as i mentio

i saw that last night during a bloomberg panel. on to the next screen, which really begins to explain the tension. we're back to average on the v.i.x. from 12 to 20. further curve flattening seen by 154 basis points, ruble causes major putin angst. 55 was a big deal. we've blown out almost to 58 on ruble. weaker russian ruble, 13%. 10 overyield there on our ruble bond, dollar index just to show that this is really discrete. there are discrete things going on. >> you thought the period between thanksgiving and christmas was going to be quiet. >> gone. >> does vladimir putin feel angst? >> it's going to be thrown in his face. my experience is, i don't care, i don't care, i don't care, guess what, he cares. ok, over to the terminal. this shows the rate of change of the benchmark for angst, which is a japanese 10-year. here's the central bank ugliness in 2003. forget about that. this is the acceleration in japan which, of course, filters through everything else, including the german 30-year bond yesterday. >> absolutely. even with that

♪ >> from bloomberg world headquarters in new york, i am mark crumpton.his is "bottom line," with a main street perspective. to our viewers here in the united states and those joining us from around the world, welcome. he has full coverage of the stocks and stories making headlines, and we have a review of the 2014 box office numbers, and the review is not good. our senior markets correspondent, julie hyman, crunches all of the retail numbers. let's begin with bloomberg commodities, and su keenan is following today's rebound in crude oil prices. >> good afternoon. we are seeing oil rebound from that sharp drop and five-year lows, calling it a timeout from the sellouts prompted by the production. 3.5 percent, below $64 at the start of the session, and then back up as much as 4%. again, opec. this selloff that began on friday is a huge impact. a big drop in prices is now bringing value buyers out of the woodwork. we look at the rebound, and opec has decided to keep production levels unchanged. many million barrels a day. a cutela was hoping for of at least

the bloomberg u.s.st said this is an indicator of overall spending. >> vehicle sales are in them porton consumer sentiment gauge because we have to watch what consumers do and not what they say. >> so forget consumer confidence surveys. , carilling into the data sales are a more useful indicator for letting to other spending. you just said there is critically important, and it goes back to an ancient question that i am honored to ask, do you believe in the manufacturing multiplier? >> absolutely. >> in another time and place i was weaned on and lived it. there is a lot of fancy pants people today who say that is wrong. you disagree? >> i disagree with fancy pants people. people say we are in an idea as an economy and there is so much criticism of obama saving the crisis, these are not just a assembly line jobs these are engineers behind jobs and a lot of high-quality jobs that go into the manufacturing. we cannot be in a facebook economy because no he works at facebook. other products are auto sales of

this is "bloomberg surveillance" . ♪ >> good morning, everyone. "bloomberg surveillance."o canada. john chen in the 10 a.m. hour. scarlet fu will have all of the earnings here. chen on the future of the blackberry. good morning. it's "bloomberg surveillance." scarlet fu and brendan greeley with me. brendan looks at the shoe business. >> nike and adidas. they sell the same things. numbers one and two in their market for sports apparel. i spent all summer looking at how they market. i missed the one thing that is making a huge difference in performance. and that is their exposure to international markets in particular, exposure to russia. so let's take a look at where they're actually selling. karen, can you pull that up? a tale of two sneaker makers? nike luckily is actually earning most of its money in dollars which is really good news. >> so it's protectsed? >> it's relatively protected it's got 4% exposure to central and eastern europe. adidas has got 80% of its revenues outside of its home market. adidas has a bigger problem right now. when i visited adidas this summer,

west." ♪ >> welcome back to the best of "bloomberg west."chang. sir mix-a-lot's 1992 hit "baby got back" is in the limelight again after nicki minaj sampled the lyrics. with the rise of itunes and streaming services, the music industry has changed dramatically since the 1990's. how much of the revenues will artists ever see? cory johnson spoke with sir-mix-a-lot about the changing world of the music biz. >> a record label is nothing more than a fat wallet and a huge staff. i am not trying to demean them, but it's true. today, if you are an artist, you are a brand. if you don't subscribe to that, you will not succeed. social media is everything. >> james brown would've said that in the 1960's. that was the case then, too. >> not necessarily. i came up on that model. you create a record and you run warner bros. and you tell me it's time to go on tour. >> you came up rick and russell with def jam with your first record. >> my deal was with rick -- >> rick rubin. >> yeah -- when he splintered off. he signed me. it was fun. it was cool. >> what d

>> welcome to "bloomberg west." new jersey governor chris christie paid a visit to calgary urging approval of the keystone pipeline and a better relationship between canada and the united states. >> one of my main reasons for coming is to indicate the importance of friendship. america has to pay closer attention to its friends. the u.s.-canada relationship has to be a priority. christie's visit comes after the canadian government approved burger king's purchase of tim horton. uber just raise another $1.2 billion. uber has more than doubled its evaluation since june and is worth four times as much as other startups like airbnb and dropbox. stars isannel considering partnerships after failing to find a buyer. a person familiar with the matter says cbs, lions gate mike fox and amc. interested in keeping control in a deal that would give him tax benefits. is the turnaround strategy star and have an impact? yahoo! is on track to pass twitter as the number three company in mobile apps. extend to 3.7% of the market next ye

we'll be right back. >> bloomberg "surveillance this is." -- this is bloomberg "surveillance."hey would have imposed economic sanctions on russia the matter what happened in ukraine. he says their goal is to hurt the russian economy and he called on their goal to end dependence on imports. toyota is widening a recall. the automaker including some of the same models in japan and china. recall 100,000 autos between the two countries and it becomes the number three carmaker adding to the recalls. of grandt installment theft auto removed from target stores australia. ofplaining about scenes violence against women. it was the second highest selling the of human the week ending november 22. those are your top headlines. now to scott ran the senior equity strategist. inull market no one believes and the trenches of explaining to america that they need to participate. viscerally lit to the blood in the twitter since 2008. you said things have gotten better and there is beginning to be a shift will we ever get to a point where taxicab drivers give you stock tips? >> i don't think we are

next on "bloomberg west." for bloomberg television on the markets. let's get you caught up.ther record for the books. stocks rallied at the down. adding all-time highs. health care and energy declined. the dow added 154 points. ♪ ♪ make the best entertainment part of your holidays. catch all the hottest handpicked titles on the winter watchlist, only with xfinity from comcast. >> you were watching "bloomberg west." i am cory johnson. holiday shopping is coming up to the line. online shipping service. they are wrapping up a brick andp with mortar stores. is the easiest way to ship anything. transport.ew say you app that, wanted to ship a sweater to your niece. you take a picture of it and enter the recipient's address and they will pick it up and package it up and shipped to the lowest cost carrier. ups, usps. to have those agreements or can you send in a shopper? >> we are -- we do not have to be inside a store. we call ourselves the first mile and so it is designed for consumers, yourself, three big use cases we have, gifting from your home or your office. so huge.e returns

>> from bloomberg world headquarters in new york, i am mark crumpton. this is "bottom line," the intersection of business and economics with a main street perspective. >> from bloomberg world headquarters in new york, i am mark crumpton. this is "bottom line," the intersection of business and economics with a main street perspective. to our viewers here in the united states and those joining us from around the world, welcome. why nbc'srns tells us confirms life events drive tv ratings. is tracking the response to the surprisingly high november jobs are words. and the road ahead for the department of justice in a series of civil rights investigations. now to our top story, and it is the november jobs report. it was the biggest burst of hiring in three years, and the latest sign the u.s. is outperforming other economies route the developed world. experts summed it up in one word -- >> wow. >> my reaction was wow. >> this is probably one of the best years since the 1990's. say onemists always month's numbers do not tell you anything, and that is true, but

that is next. ♪ >> this the best of "bloomberg west." i am emily chang. boston man who works as an uber driver was accused of taking a passenger to an secluded location and raping her. a spokesperson tells "bloomberg west" it is a despicable crime and our thoughts and prayers are with the victim. uber has been working close with law enforcement and will continue to do everything we can to assist their investigation. this comes as a they said they will do more background checks on its drivers. miller spokematt with former chairman of the taxi and limo association. >> they have been lobbying and spending hundreds of millions of dollars on efforts to have less of background checks and do it themselves when every other taxi and limo like we did at tlc with a fingerprint which is more accurate. it will catch fraud occurring with fake names and identities. and i do believe we need to do that. it is good uber is looking to acknowledge. >> uber have announced even before today's case came to light they will do more background checks and at least deeper background

a look at the dark side of digital ads next on "bloomberg west." ♪ >> i am emily chang and this is "bloomberg" market tos will robots. four video ad clicks are fake. cory johnson back with more. >> this is amazing stuff. this is the largest public study on bots ever. companies are being ripped off to the tune of aryans of dollars. -- billions of dollars. to me, we have this endless discussion about is this a bubble, isn't that a bubble, are the numbers real or fake? why are numbers suggest is that there are dozens of companies that we see is change cash -- changing media whose results are bogus. >> there are actually real people on the internet. it is not all fraud area that none of it -- not none of it is either. we have this extraordinary opportunity to work with 36 of the largest rands in the world to find out what is real and what is not. looked at a lot of campaigns and looked at a lot of domains and what you found is the number of impressions, when advertisers thought they were getting ads, they were computers that were long gone and computers that were taken over. there was an enormous

this is "bloomberg west."hares of lendingclub soared 56 percent yesterday, making the online lending startup one of the most valuable financial institutions in the country. lendingclub serves as a marketplace connecting individual and institutional lenders with people who need money using data and web tools to provide the lender with an instant risk assessment. the next guest says that while alibaba got attention, it's actually lendingclub that is more important. we are back with paul kedrosky from san diego. cory johnson is with us as well. paul, which was more important -- ali baba or lendingclub? >> obviously, obama was moreimportant. in terms of representing the bigger changes in how the world works, transforming economies and thinking of disruptive opportunities, it just is hands down no question, lendingclub. we were so preoccupied with ali baba, which will turn out to be a capital footnote to history, whereas lending club will represent this wrenching change for financial markets worldwide over the next

coming up on bloomberg ony cancels a," s movie release. what kind of precedent does it set for the entertainment industry? our twitter question of the day. did sony do the right thing? tweet us, @bsurveillance. brendan? >> n we will be backo. >>. ♪ >> this is bloomberg "surveillance." scarlet fu with brendan greeley and leslie picker. >> sony pictures got hacked and threatened over "the interview." it canceled the new york premiere. canceled appearances. sony gave theater's to violate contracts and not run the movie. now sony has said they have no further release plans for the film. paul sweeney is director of research for media entertainment. could sony has handled this any worse? >> i don't know. this is an extraordinary, unprecedented situation. the issue in the short term, i the righte they made decision. this is not a franchise movie. the risk reward of trying to show this movie in the holiday season, the risk is too much for a movie that is not a make or break situation for the studio. longer-term, it raises a question of is this a p