i encourage everybody to check it out and bloomberg businessweek.et a sense that gm sees itself as an innovator, a company that knows how to build cars better than anyone. keith: they are trying to live in both worlds, showing that they are veterans and experts at car building. as i interviewed mark royce, he used the word disrupt 14 times. in our conversation, he is trying to speak the language of the valley. cory: that sounds irritating, actually. that the guy was sort of preprogrammed to say something to you. keith: they are certainly in a race with google and tesla and apple. what they are trying to do is be an innovator in driverless cars when the mind share at the moment is with google. cory: google -- i was down there a couple months ago and they took the secretary of transportation around and gave him a ride in a self driving car. what is it about google that makes them seem like they are in the lead? the german carmakers, tesla, beyond? guest: when google talks about what it is doing, it describes it as a moon shot. and the cars they are sh

bloomberg businessweek had a story about how a lot of the clicks advertisers see are fakes.im: i think there is a big problem here. the fact that consumers are blocking ads is a sign you have to improve your advertising. that is what we do on a daily calls. everybody in the ecosystem is going to do that. the internet is the most transparent media type in general. anything that has to do with fraudulent things, you have massive benefits in the future against that. that will help figure out who people are. -- toe been meeting with lead the charge on fraud. the whole industry has to address it. what those two problems are the industry's biggest opportunities. everybody is using mobile media and trying to put ad dollars there. we have to have high class solutions. emily: a lot of talk about a tech bubble. what about media specifically? you bought the huffington post a few years ago. are we in a media bubble? valuations aree not high enough. when you look at the consumer migration of products and services, when we bought the huffington post, our stock dropped by 20%. investors we

this week's bloomberg businessweek cover story, i asked her about sales compared compared to the previous. misnomer that sales are down. more,he 360, we have sold so it is a very healthy ecosystem. halo five is a groundbreaking halo game that is taking an iconic and new direction for the game. worry how much do you about keeping halo fresh with all the competition out there? what is your number one priority about keeping this the game that everyone wants to play? >> i think that halo has a huge fan base. base,e multiplayer fan single-story fan base, so it is our job to push the story forward and continue to innovate on multiplayer. we have a lot of feedback. there is an iconic feeling for halo multiplayer. we took that feedback with halo five. there is something for everyone, competitive arena mode, harkening back to true competitive halo, and then with halo wars zone, we have something for everyone. player huge 24 person versus player, play versus everything, it is an epic sci-fi battle. with halo five we are trying to hit something for everyone. i think it is halo, but is pushing it in

you have a terrific story that it's the cover of bloomberg businessweek today.ourage everybody to check it out. [indiscernible] would realize more cost savings and projected from its acquisition of orbitz. the travel website saw as much as 18% in after-hours trading. that does it for this edition of bloomberg west. we will see you back here tomorrow. ♪ announcer: the following is a paid presentation for the wen healthy hair care system brought to you by guthy renker. announcer: what's got these crowds so excited? it's the hottest trend in hair. it started in hollywood and spread all over the world. millions of people are throwing out their shampoo and have started using wen, getting the healthiest hair of their life. announcer: created by world-renowned hair expert chaz dean, wen makes your hair softer and stronger.

you have a terrific story that it's the cover of bloomberg businessweek today.ourage everybody to check it out. [indiscernible] would realize more cost savings and projected from its acquisition of orbits. the travel website saw as much as 18% in after-hours trading. that does it for this edition of bloomberg west. we will see you back here tomorrow. ♪ >> from our studios in new york city, this is "charlie rose." welcome to the program. earlier tonight, the republican presidential candidates squared colorado, for their third debate. we tape this, the debate is just beginning. we will have full analysis and tomorrow.ve >> you have to be patient and stick with it and all of that. also, i can't fake anger. i believe this is still the most extraordinary country on the face of the earth and it troubles me people are rewarded tearing down our country. it's never been that way in american politics before. by saying that i'm not sure it's a

bloomberg businessweek breaks down the best business schools of the year. guess who is on top?s off the first of blockbuster tech earnings. marissa mayer faces questions on alibaba spin off and executives who have less. is her time at yahoo! coming to a close? are 90 minutes into the trading session. i want to head back to the markets desk where julie hyman has the latest on the averages. so disappointed every time. i can see it on your face. we are not seeing more movement and that remains the case here. the nasdaq has very little change of the three major average. we are not seeing much decisive action here. that remains the case as we have seen it throughout earnings season. it is really the individual stock movers that are the story of the day. look at my bloomberg terminal and we had the imap here with the various sectors and health care lacking the most and technology lagging as well. arecom and materials gaining, but it is a mixed picture. in terms of the stocks doing the best and the worst in the s&p 500, let us take a look at those as well. that tells a part of the ind

"bloomberg businessweek" had a story about how a lot of the clicks advertisers see are fakes.how imperiled is the online environment? and what can aol do? tim: i think there is a big problem here. the fact that consumers are blocking as is a signal to us as a publisher that you have to improve your advertising. that is what we do on a daily calls. how do we improve that experience? by the way everybody in the , ecosystem is going to do that. the internet is the most transparent media type in general. i think anything that has to do with fraudulent things, you have massive benefits in the future against that. everyone will be connecting through a machine in their phone, and that will help figure out who people are. meeting with people to lead the charge on fraud. i feel good about it from our standpoint. whole industry has to address it. what those two problems are the industry's biggest opportunities. everybody is using mobile media and trying to put ad dollars there. it is a high-class problem. we have to have high-class solutions. emily: a lot of talk about a tech bubble. wh

as a great story and bloomberg businessweek detailing how that deal fell apart.here was a relationship that paid off. alix: what you do now? everyone's flocking to other credit cards that offer just as many points. things over to joe in london. my: i want to dive into terminal to look a story at europe that's not getting attention and may not be a huge deal, but kind of interesting. portuguesen the ten-year bonds. the spanish ten-year bonds. portugal pays more tomorrow than spain. the two lines move roughly the same until we get to the part i have in the rectangle. the spanish yields and declined a little bit. that is because portugal is still having some issues forming a government. there is some talk that maybe the left could form a government, claim they can form a government with the majority. the incumbenthink conservatives are more likely to form a minority government. you can see in that slight divergence in the direction of spanish and portuguese debt. markets, i have a chart on how chinese stocks are making a comeback in certain areas. heavys the small c

host: this is the cover story from bloomberg businessweek, children."art's one of the last events that we covered with him was in 2011. here is andrew breitbart. [video clip] i needed to learn, i learned that during the clinton era. everything. everything. everything. useway that they literally detectives and leaked information to the washington and, the new york times, they were like someone had an affair in 1984 -- are you kidding me? when they got down to the needy nitty-gritty, there was stuff that even salon.com would not publish. they leaked the stuff on harry flint. flint report and went after everything that the private detectives leaked. krel.mac it is so nasty, someone has to stand up to this, and it cannot sust bam talk radio and blog saying the media is biased. we have to stand up and report the truths that are not reported by these groups of people. host: that is andrew breitbart in 2011. he died less than one year later. founder, laid our out the vision for what we are doing. one of the goals that we have is in thet combating bias media. t

peril by ad blockers, which allow internet users to bypass the ads, and two, click fraud, "bloomberg businessweeka story about how a lot of the clicks are fake. what can aol do? a slightly contrary in view on this. i think there's a big problem here, consumers are blocking ads, that is a signal for us that you have to improve your ad quality. that will drive a lot of innovation. that is one of the things we're doing on our daily calls. everyone in the ecosystem will do that. the second piece is around -- i think the internet is probably the most transparent media type in general, anything that has to do with fraudulent things, you have massive benefits. everyone will be connecting through a machine, their phone, and that will help figure out who people are and what fraudulent traffic is. i feel good about it from our standpoint, i think the whole industry has to address -- when you look at where we are right now, what those two problems are the industry's biggest opportunities. everyone is using digital media and mobile media and everyone is trying to put ad dollars there. we have to have high cl

you can check it out in bloomberg businessweek.of the yuan. , we take a look at why amazon stock is beating google even though google reigns when it comes to profitability. ♪ michael: an update on the breaking news we told you about earlier. 7-10 people dead after a shooting at a community college in oregon. 20 people also injured the shooter is in custody. the local fire district advised people to stay away from umpqua community college located in roseburg, 180 miles south of portland. we will continue to keep you updated. back to business news, when it comes to profitability and valuations, google has beat. he has coined it the amazon puzzled. he joins us from baltimore. this is a fantastic article. you said the key to the amazon e is asset turns. >> asset turns are a ratio of sales over the long-term assets that you have and are employing. it is a measure of productivity of the u have employed. -- of the capital you have employed. you have margins that are profits. and meager yet, the stock is 65% this year. , you have toy focus

this is a story you will only find in this edition of bloomberg businessweek.on the lives and times of these two men who found a legal way to lend money to men of small as mrs. dash of small businesses with an interest rate of 2050% per year. this is were -- these are rates higher than some mafia loan sharks. but start of, who are these two people and what happened? steve: these two guys grew up in brooklyn in isolated, altra religious communities. odd jobs, some successes, but their business got started when they were recruited to work in a boiler themfull of teenagers like in downtown manhattan. these guys were working the phones all day, making lots of money selling what is called merchant cash advances. pimm: what is a merchant cash advance, how does that work? zeke: basically, they call up a bodega, a contractor, and say do you need any money for your business? i will give you $10,000. a lot of people will say yes. the offer that they give them is that they would have to -- if you borrow 10 grand, you have to pay back say, $15,000 in three months. exorbita

you can read more on halo five in this week's bloomberg businessweek. steve will stick around with us. when we return, we are going deep on some of the biggest tech companies and where they will be one year from now. we will ask steve to weigh in but before we go, let's take a look at steve ballmer back in the day at one of his infamous microsoft meetings. take a look. first developers, developers, developers. yes! ♪ stephanie: we are here with amanda needs no introduction, steve ballmer, owner of the l.a. clippers. we want to get an understanding of what the future holds. yahoo!tart with what do they look like 12 months from now? >> it's hard for me to say. did a partnership with yahoo! several years ago. then,d say mostly since they have swum around the not really found a direction that leads to a future. i wish them well but that is not really happened over the last several years. david: is it a freestanding company 12-18 months from now? >> i think it's a company that has to find a direction in which you can make progress before you can decide wheth

you can catch it in the current issue of "bloomberg businessweek." scarlet: happy birthday.e is 21. coming up, president obama meets with the south korean president at the white house. the two will give a news conference. ♪ alix: 1:00 p.m. in new york, and 6:00 a.m. in hong kong. scarlet: welcome to the bloomberg market day. scarlet: good friday afternoon. alix: here is what we're watching at this hour. donald trump taking aim at his rivals while pitching his own tax plan. >> money is going to come into corporate inversion. only a stupid person would bring in their money, because it is ridiculous. we're going to lower our taxes it is going to be a great thing. scarlet: more bloomberg interview with the presidential front-runner, coming up. and president obama hosting a news conference later this hour with the president of south korea. it is a show of unity as tensions rise with north korea. let's head first to the markets desk where julie hyman has the latest. still holding onto gains, but barely. julie: you predict the volatility today because of options and futures expirat

host: bloomberg businessweek talks about his credentials in their story this week on the court. , roberts has a resume that would bring tears of joy to barry goldwater and william f buckley. nominated by george w. bush in the supremerked at court for his predecessor, nixon appointee william rehnquist, came of age professionally in the reagan administration. guest: i think we can all agree that being really smart, wicked as john roberts is, is an important credential. but it's not the beginning and the end of what we look for in a judge. for someonewe look with excellent credentials, but we look for people of impeccable honesty. we also look at one's view and division of the role of the court. do nominees believe that the courts are there to merely serve the 1%, the wealthy? someone's vision of the courts interpret the constitution as giving access, a hearing, not just to the powerful, but to everyone in america? and when john roberts appeared at his confirmation hearing, there was certainly no question that he was well credentialed. the issue was what was his vision of the constitution? a

host: bloomberg businessweek talks about his credentials in their story this week on the court. , roberts a resume that would bring tears of joy to barry goldwater and william f buckley. nominated by george w. bush in the supremerked at court for his predecessor, nixon appointee william rehnquist, came of age professionally in the reagan administration. guest: i think we can all agree that being really smart, wicked as john roberts is, is an important credential. but it's not the beginning and the end of what we look for in a judge. for someonewe look with excellent credentials, but we look for people of impeccable honesty. we also look at one's view and division of the role of the court. do nominees believe that the courts are there to merely serve the 1%, the wealthy? someone's vision of the courts interpret the constitution as giving access, a hearing, not just to the powerful, but to everyone in america? and when john roberts appeared at his confirmation hearing, there was certainly no question that he was well credentialed. the issue was what was his vision of the constitution? at th

. >> and in washington senior national correspondent from bloomberg businessweek, josh green. we're not done yet. >> who am i? the ridler? >> okay. so we're going to start with the kinder, gentler donald trump. >> really? i didn't hear this story. >> amazing. he's like the nicest guy. >> really? >> we love him and he's nice to us but sometimes he's not nice to other candidates. >> well, he might be now. >> i can't wait to hear this story. >> we'll have that coming up. yesterday we heard from democrats in iowa and new hampshire but mark has something for us this morning. he's back with republican focus groups and here's what they said when they were asked to reflect about donald trump. >> robert, what do you think of the source of donald trump's political appeal? >> the wwf maybe. >> he reminds me of mike tyson in his hay day when he was just vicious. >> a growing sense of nationalism he's tapping into. it excludes others. >> i'm a teacher. if anyone in my classroom would say go back to mexico to a hispanic or latino student they would be in so much trouble but trump can get aw

next 20 minutes of the "bloomberg market day," justin trudeau was victorious in canada's election last night. the real winners might just be certain stocks. released businessweekits annual rankings for the country's top business schools. who ranked highest? that's next. and glencore is cutting back its zinc output for -- by one third. what that means for the global market. that's ahead on the "bloomberg market day." . ♪ david: welcome back to the "bloomberg market day." it's time for the bloomberg business blast, a look at the business -- biggest business stories. buildinge is buying a for $5.3 billion, and it puts manhattan's biggest apartment complex in the hands of the world's largest private equity firm. record theut of the prior owners paid before they walked away from their investment, marking the collapse of a big investment. 4000 employees are covered by the deal at the world's largest cargo airline. fedex plans to partially offset the cost of the contract by adding more fuel-efficient planes to its fleet. a coalition of advocacy groups plan to deliver petitions to subways headquarters on thursday, calling for a change --meet raised with now without an