that isn't "bloomberg businessweek. -- that is in "bloomberg businessweek." look for it today.unces he is gay as well. futures are negative nine. it is "bloomberg surveillance." ♪ >> this is "bloomberg surveillance." i am scarlet fu with tom keene and brendan greeley. almost 5 million jobs not being phil because employers cannot find the right workers. the problem, skills mismatch. chauncey lennon heads of the workforce program at the jpmorgan philanthropy group. jpmorgan is rolling out reports examining the skills gap across u.s. cities as well as european countries. before talk about cities specifically, the focus is on middle skill jobs. is that the old middle class jobs? >> it requires a high school degree>>, pencil training, sometimes as short as a certification course, but not a ba >> apprenticeships would seem to be an obvious solution. germany has done a very well to great effect, as brendan reminds us. why is there resistance to apprenticeships in the u.s.? >> those are often in the trades. like health care and technology into new york, which is where he first focuses

he has an editorial in a new of bloomberg businessweek.e writes that he has always tried to maintain a level of privacy. that has held him back from doing something more important. here at bloomberg businessweek -- >> he ultimately decided it is more important for him to step out and represent within the world and say "i'm gay and proud." pick up a copy of bloomberg businessweek or go to the website to read the entire essay by tim cook. apple is now talking about growing the iphone in iran. they met in london with potential iranian distributors. more economic sanctions are still in place. the government has lifted the ban on consumer to medications technology. mastercard posted third-quarter profits that the estimates. more consumer spending and mastercard has signed a new deals with retailers, including walmart and visa also had a great quarter. it was everything you could have hoped for in game seven of the world series. attom of the ninth, giants 3-2. madison bumgarner on the mound. it's all over. the giants won their third series in fi

devon leonard from bloomberg businessweek. intoou get a chance to go yx on57 where they have on the walls and a rare everything there? >> the views are incredible and i was in the hotel where the front desk was made by robots from oakland. i went to have an opening scene , at the scene of a big party there. >> gary barnett is the focus of the story as well as the building. he is a lot less flashy than the building which is the 90 story monolith? up on the lower east side, his father was a rabbi. belgium, he in began investing in real estate. he became one of the biggest commercial property owners in wichita and sold some of those buildings in canada, 1998. and you're right, he's not a flashy guy. he had vacations in the poconos. >> he is a bit of a chess player when it comes to the real estate business, assembling various pieces. together individual pieces of property and developing rights that are above buildings. if you are dealing with the condominium buildings and you do .hat in secret the deals for this building took 16 y

he wrote an exclusive op-ed in bloomberg businessweek. we will bring you more of what he said after the break. ♪ >> i'm emily chang. he invented the world first popular browser and has become one of the most influential investors in technology, mark andreessen. he's the next guest on studio 1.0. here's my sneak peek of my sitdown with the sage of silicon valley. >> what is the future of elon musk? >> well, obviously, he's going to build the ironman suit. [laughter] i mean, i think it's obvious. and in the suit, he's going to fly to mars. [laughter] he has some work to do between here and there. there are three guys, three sort of founders who i think are really revolutionizing. we are a lucky industry. we have all of these people who are incredibly well known who will build these amazing companies. it is peter teal and elon, and larry page. their ambitions and aspirations for what they are trying to do is just another step up from all the rest of us. the audacity -- i mean, just look at elon musk's career. the audacity of starting an elec

this week's issue of bloomberg businessweek.ck it out and you can read more about it in the actual magazine. you can get it digitally as well. breaking economic news as well here. first off, we can see initial jobless claims came in at 287,000. bit better than the survey of two hundred 97,000. scarlet fu is here with more on that. >> that is right. .n unexpected decline 287,000 americans fell for initial job benefits. 200 97 thousand would have marked an increase from the previous week of 293,000. you had 2.4 million people filing for jobless benefits versus the consensus of 2.4 25. it does look like there was not anything unusual during the report, no seasonal factors to be aware of and no estimated date of last week, so this is a clean read on jobless claims for the week. it also supports the idea that labor markets on the whole is making progress and showing sustainable progress. a good report as they cut into the september jobs report tomorrow. >> thank you for that. we will get more on the ecb as well after the break and we

be sure to pick up the newest edition of "bloomberg businessweek."verboy this week is economic giant john maynard keynes. it hits newsstands on friday. >> futures indicate stocks will open lower. economy grew to than forecast in the third quarter. gdp rose at an -- average rate of 3.5%, the strongest and more than a decade. the dollar is now the best performing currency. the dollar rose after the fed wanted to improve labor market in the u.s. policy makers may does marx as they ended their round of quantitative easing, deciding they did not need to provide as much help as before. they decided to keep interest rates low for a considerable amount of time. >> i think the fed has to knowledge that while there have to be some reason why they were ending the program, so they had to acknowledge there have been some considerable and substantial improvement in labor market. that does not mean that they are at their end goal. of thed to big knowledge economy is robust enough for we can we can stop the program but that does not mean that we will raise interest

. ♪ ofin the latest edition bloomberg businessweek, apple's ceo tim cook writes "i'm proud to be gay.is anked excerpt -- be sure to check out the latest edition of bloomberg businessweek with the cover story "on the global economy." you can read it on the go with our new business we cap. -- business week cap. -- business week at. app.siness week voted to raise the points.k by .25 the world's largest iron ore producer posting a surprise loss after a week of brazilian -- falling commodities prices push down sales to the lowest since 2010. iron ore prices have fallen by more than half since the 2011 deal. that is your latin america report for this thursday. kaci hickox arrived at newark airport last week after helping care for ebola patients in sierra leone. she has gone back to maine where she lives. this morning, she was seen taking a bike ride with her boyfriend. for more on the debate of quarantine's, trish regan is here with me now. we are having a debate on quarantine. >> what side are you on? >> it doesn't really matter. there, i'm a over journalist covering this story and i come

he made the announcement in an essay published in the bloomberg businessweek magazine. he has long been a supporter of gay rights but has never publicly acknowledged his own sexuality. >> he wrote that he hopes his public position may make things easier for other gays and lesbians, the most prominent is nick -- business executive to come out of the closet. to an archaeologists dream, they have been uncovered at the ancient city right outside of mexico city. >> it is the result of a year-long exploration of this site and more important fines might be on the way. workers have discovered three more chambers that can hold treasures and keys to the past. >> it has been sealed for nearly 2000 years. the entrance to the underworld. researchers have been looking for more than a decade for this tunnel that takes the 103 meters into the darkness. experts say the 50,000 artifacts they found so far indicate this was the tomb of kings and queens. their civilization is thought to have been more powerful than the aztecs that came afterwards. the ancient designers even created an artif

nexus of op-ed in "bloomberg businessweek." >> i am emily chang and this is "bloomberg west." he invented the world's first popular web browser and has become one of the most inspected and influential investors in technology. he is mark andreessen. here is a sneak peek of my sit down with the sage of silicon valley. what is the future of elon musk? >> obviously, he will build the iron man suit. [laughter] i think it's obvious. obviously, in the suit, he will fly to mars. [laughter] so he has some work to do between here and there. guys -- theree are three sort of founders who i think are really revolutionizing. we are a look industry. we have all these people who are incredibly well-known known who built these amazing companies. it's peter teal and elon and larry page. you talk to those three are you listen to what they say or read the stuff they write and their ambitions and aspirations, what they are trying to do is another step up from all the rest of us. , you look at elon's career, the audacity of starting an electric car company, people forget -- the one thing you knew i

it's available on news stands and every mobile device now, "bloomberg businessweek." >> coming up, how your estate can live long after you do. i will take a look at some celebrity wills. for example, marilyn monroe, frank sinatra, and more. ♪ >> this is "taking stock" on bloomberg. i'm pimm fox. a reminder of late news this afternoon that jp morganchase says a previously disclosed data breach affected 75 million households and seven million small businesses. customer's phone numbers, e-mail addresses all taken. internal data that identified people by category such as whether they are private bankers has also been attained by hackers. they say there is no evidence the information was compromised during the attack. >> now to other financial news of a different sort. a dog, a street, a city, they are all in the wills of some of the world's richest people. business has a -- pouring over the he is states of others. he's the author of "also of the rich & famous." plain how it is that aherb nass came to have the actual documentation of wills of documentation of people like frank sinatra. >> w

this is the cover of "bloomberg businessweek." i see a guy who likes basketball, could have played basketball and looks like a power forward to me. look at his eyes. they are set on the basket. am i right so far? >> you're getting me a little too much credit, charlie. >> you love the game. >> i do love the game. >> here you are, a guy with a lot of money and you have left microsoft and you are looking around for what to do. you had previously tried to buy an nba franchise unsuccessfully. you look at milwaukee and it did not happen. and then you find out about the l.a. clippers. how did you find out? what did you do? >> it's kind of funny. i had looked two or three times, which is an important part of the story because i knew what to look for. i had looked at numbers. i had gotten my mind around it emotionally. i had been talking about her for 10 plus years. we took a hard run at buying sacramento and moving it to seattle. we got turned down on moving it. i was running microsoft so i was a backseat partner providing financing but i

in an essay for bloomberg businessweek, tim cook says he never tried to hide it... but admits that his desire for personal privacy kept him from being very public about his sexual orientation. cook says he decided to come out *now because he hopes it will help others who are struggling with their homosexuality.* check out this play from last night's florida state game. quarterback jameis winston throws an interception.. but then his tight end, nick o- leary picks up the defender and body slams him to the ground. the defender hung onto the ball somehow.. florida state went on to win the data game, 42 to 31. >> look at that. >> college student briggs to the home instils chinese food. also dressed as a tele-tv. this is a story can make up. the majors have to hug her. >> what is wrong with people? who is the person? it's not demetrius. >> we were going for james brown but maybe not. check out this. when did the weather anything goes. that's what happens. let's take a look. we are expecting to see very windy conditions. rain and snow. high wind warning is in effect. lake

oil spill in the gulf have earned the president a spot on the latest cover of bloomberg "businessweekrticle headlined "obama is too cool for crisis management" the magazine writes in part "six years in, it's clear obama's presidency is largely about adhering to intellectual rigor regardless of the public's emotional needs." so let's talk about this. anna navarro is a cnn political commentator and republican strategist and marc lamont hill is a political commentator and host of huff post live. welcome to both of you. >> good morning. >> good morning, carol. >> good morning. mark, perhaps the best illustration of bloomberg's point, the white house sat down over the week end to craft federal guidelines for health care workers. governors are dealing with that in realtime, they can't exactly wait. so, mark, why weren't the feds talking about this before? >> i think first of all let me say there is a reasonable critique to be made of everyone's handling of the ebola crisis. particularly the cdc and particularly local authorities. if you look in texas and dallas more specifically. i do think

in an article for bloomberg businessweek, cook wrote -- "i'm proud to be gay, and i consider being gaymong the greatest gifts god has given me." a top lobbyist has been caught on tape encouraging oil and gas industry executives to dig up embarassing details about environmentalists and to exploit emotions like fear. an executive gave "the new york times" a secret recording of the speech by richard berman, a lobbyist who creates nonprofits, then covertly uses them to advance a range of corporate agendas. berman made the speech in june as he raised millions to fund an ad campaign called big green radicals, which has run pro-fracking ads in colorado and pennsylvania. and warren anderson, who was ceo of union carbide during one of the worst industrial disasters in history, has died at the age of 92. on december 3, 1984, about 40 metric tons of toxic gases leaked from a union carbide plant in bhopal, india. while the official death toll is nearly 4,000, campaigners say it's closer to 25,000 with many still suffering. anderson never faced trial for the disaster although india tried multiple t

apple's ceo coming out publicly in a bloomberg "businessweek" essay. josh lipton is live outside apple's hq in cupertino. josh, over to you. >> reporter: well, sue, you know, tim cook values his privacy, doesn't typically look to draw attention to himself. but as you mentioned today, he made a very big personal and public decision in that op-ed. the ceo of apple writing "while i have never denied my sexuality, i haven't publicly acknowledged it either, until n now. so let me be clear, i'm proud to be gay, and i consider being gay among the greatest gifts god has given me." cook went on to say he made this decision because he wants to help others if coming out can help others who are struggling come to terms with who they are, he says that's a tradeoff worth its privacy. his colleagues here at apple coming out in support of tim cook. you saw phil schiller, apple's head of marketing, say on twitter that he called cook courageous. eddie q. said he was proud of his open colleague. one question, although apple and its colleagues seem to be coming out in sup

we are joined by vanessa wong, the associate editor for bloomberg businessweek and covers mcdonald'ser fast food companies. what has been the response so far to this campaign? >> mcdonald's has hired about a to its social media team to field questions for the onslaught of inquiries they are expecting for this campaign. mcdonald's has done this and other countries before like canada and australia. >> didn't they do a video to address the pink slime issue? >> yes, there was a video that was released in canada about what their chicken nuggets are made out of. >> it was pinkgoo. a timee doing this at when they are struggling in the u.s.. is part of that image or what else is going on? >> there is absolutely an image problem with mcdonald's. same-store sales have been falling in the u.s. for about three quarters but they started planning this campaign more than a year ago. they are very aware of the concerns that customers have about the quality of their food based on reports about pink "super sizelms like me." >> it had a big impact. while the campaign is just coming to the u.s. now, mcd

who has been covering the supreme court for bloomberg since 1998, and he also writes for "businessweek". greg clerked for a federal judge after graduating from harvard law school himself. but before that he was a congressional ask campaign press secretary. -- and campaign press secretary. many journalists later become press secretaries. greg went the other course, and we all benefit from it. we benefit from his clear and effective reporting, particularly on the big stories that are in the law like the health care coverage. greg also has been part of investigative reporting teams for bloomberg news, and as such has shared several journalism awards. he has received the sunshine award from the society of professional journalists for his coverage of the financial crisis and some nontransparent loans the fed has made to gigantic banks. he has received the society of american business editors' award

bloomberg, they've made a turnaround. >> the burst of digital resolution and technology will -- technological innovation, where is the innovation in journalism today? >> you are seeing a lot of innovative -- i look at .loomberg businessweeklso see new forms of journalism coming. those online and on television. what hyman and halperin are doing. ishyman and halperin, that on today at 5:00 p.m., but you look at politics and their vertical. do you suggest that the mainstream media can pull in those best practices and survive? or are they two separate worlds? >> okuma absolutely. they are not that -- o, absolutely. they are not that different from mainstream media. it is something that can be done and is being done by what you would call name stream and in new places. of a newdea journalism, a quick overview, that is where we are going. >> one of the things you can lose on that is that paper and old-fashioned journalism is really good for not -- longform narrative. lose the want to longform narrative. i really assess over the new yorker because they have those reporters. >> here is longform narrative. here is kaiser. i'm ben bradlee and the washington post. you never get to this in digital. >> i got to it when i was reading