the editor of "bloomberg businessweek."he joins us now. the first piece in your global economic session is on brussels. obviously, a lot of attention there. this is home to the european union's headquarters. we know that because one of the bombings took place at a metro station right outside of them. this is a city with a lot of internal tension. ellen: our stories sort of takes a step back from the tragic events of the last week, looking at the city as sort of a tale of two cities, where you have the european union and all of the people who work there. david: bureaucrats. ellen: bureaucrats, yes. then you look at the people who live in some of the very poor neighborhoods, including some neighborhoods that are heavily muslim, where there is high unemployment and where there is this huge economic divide. and inequality. one of the things we deal with is how brussels is run in such a way that it has six police forces and has 19 municipalities within it. and just how hard it is, to govern and meld these communities together. d

carol: welcome to bloomberg businessweek, i am carol massar. we are inside the magazine's newsroom inside new york. coming up in this issue how to , make millions from snapchat. also, software helping donald trump get ahead and the hollywood divorce lawyer that everybody wants. ♪ i am here with alan pollack the , editor of limerick businessweek and this is the room where you put the magazine together. ellen: it is. during the course of any week, we put layouts on the walls and this room gets unbelievably crowded with people in our department and editors and we all go over all of the layouts and discuss what they look like, how they should change. and how changes in the storyline are going to change the layout. so it is a lot of people in this room, hashing out problems, having a good time, too. carol: you put magazine puzzle together right now. that includes what is in the future section. this week, you talk about valeant's ceo, he was in the news a lot this week. ellen: he was in the news a lot this week. if you remember last year he , kind of

all that ahead on "bloomberg businessweek." ♪ david: welcome back to "bloomberg businessweek." am david gura. in this week's features section, the profile of stephen spinner. he was in charge of the controversial solyndra investment, but now he has created software crucial to politicians getting elected. i spoke to reporter josh green. josh: i first met steve spinner when i went out to silicon valley to do a story on the up-and-coming candidacy of barack obama, who had just challenged hillary clinton and had surprised the political establishment by managing to raise enormous amounts of money, raising more money than clinton did. one of the ways he did that was by tapping into silicon valley guys like spinner, who at the time were interested in social networks. spinner, who is an ordinary middle-class guy for silicon valley, not a billionaire by any stretch, wound up being one of his top 10 fundraisers. david: joining the ranks of well-known celebrities. you write about how he weaponized the algorithm. what has he done? josh: after he left the obama administration, he is an entr

we will talk about all of that ahead on "bloomberg businessweek." ♪ carroll: welcome back to "bloomberginessweek," i'm carol massar. in the magazine's opening remarks this week, reporter stephen ferris writes, you're it may sound horrified by the rise of donald trump, but the truth is, he'll be right at home in paris or berlin. after all, europe has given rise to nationalistic politicians such as france's jean marie le pen, and so promoting media personalities. in fact, donald trump and immigrant brand is shared by numerous political parties across the continent from finland to greece to switzerland. in other words, europeans want to remember that old proverb do , not throw stones in glass houses. but will this transmit in will this movement have legs in america? you can read the article about week'ss trump in this "bloomberg businessweek." donald trump stays in the spotlights in this week's politics section. would you believe that trump's political rise is partly thanks to a software design by antiwar activists? the software is called nation builder. i spoke to adam in san francisco. a

up next on "bloomberg businessweek." ♪ ♪ david: welcome back to "bloomberg businessweek." and industry section, warner bros. is banking on a big box office for its newest release "batman v superman." >> already be know that it spent more than $400 million and will have spent more than $400 million in putting this film together and marketing it. beyond that, it is bringing out its most iconic characters -- batman, superman, wonder woman. it is putting its biggest eggs in this basket, and hoping that with all of these characters coming on the screen at the same time that it can draw and a new fan base for the dc comics and the whole universe they are planning for the next five or more years with aquaman, justice league, like marvel did with "avengers." it has developed a fan base for its characters like iron man, captain america, and then brought them in together with a big mash-up that had several hits with more films coming out. the pressure is really on warner bros. to make a success of this expensive film, but at the same time, it's an opportunity to revamp one of its co

up next on "bloomberg businessweek." ♪ david: welcome back to "bloomberg businessweek." companies and industry section, warner bros. is banking on a big box office for its newest release "batman v superman." already be know that it spent more than $400 million and will have spent more than $400 million in putting this film together and marketing it. beyond that, it is bringing out its most iconic characters -- batman, superman, wonder woman. it is putting its biggest eggs in this basket, and hoping that with all of these characters coming on the screen at the same time that it can draw and a new fan base for the dc comics and the whole universe they are planning for the next five or more years with aquaman, justice league, like marvel did with "avengers." it has developed a fan base for its characters like iron man, captain america, and then brought them in together with a big mash-up that had several hits with more films coming out. the pressure is really on warner bros. to make a success of this expensive film, but at the same time, it's an opportunity to revamp one of

carol: welcome to bloomberg businessweek. reinventing ge. david: defending yourself from online defamation. let's go meet the editor. ♪ carol: we are with the editor of bloomberg businessweek. about a capital mystery, capital expenditures. >> we are looking at why companies are investing far less in tools, software, equipment, than they have in the past. the percentage of total investment on an annual basis is way down, and so we treat it as a sherlock holmes kind of mystery, complete with an illustration of sherlock holmes and look at why that may be. it is partly because some people say that corporate taxes are too variety of reasons, but the whole thing has led to stagnated wages, stagnating standards of living, productivity down. economists are trying to figure out why that is. there is also the possibility that companies are returning money to investors, stock buybacks, etc., rather than by equipment, but it is a problem because it has added up to slow growth. story about online defamation involving one of your reporters here, writing a

♪ carol: welcome to "bloomberg businessweek." in this week's issue, reinventing ge.et's go meet the editor. ♪ carol: we are here with the editor of "bloomberg businessweek," ellen pollock. in the global economic section, you write about a capital mystery. meaning capital expenditure. ellen: we look at why companies are investing less in software tools, the percentage of total investment on an annual basis is down. and so we treat it as a sherlock holmes mystery, complete with an illustration of sherlock holmes and we look at why that may be. it is partly because some people because corporate taxes are too high. it is a variety of reasons. it has led to stagnating wages, stagnating standards of living, productivity down. carol: not helping productivity. ellen: economists are trying to figure out why that is. there is the possibility that companies are returning money to investors rather than buying equipment. but, it is a problem because it has added up to slow growth. david: a story involving online defamation, dune lawrence writing about how she was defamed online.

up next on "bloomberg businessweek." ♪ david: welcome back to "bloomberg businessweek."this week's companies and industry section, warner bros. is banking on a big box office for its newest release "batman v superman." >> already be know that it spent more than $400 million and will have spent more than $400 million in putting this film together and marketing it. beyond that, it is bringing out its most iconic characters -- batman, superman, wonder woman. it is putting its biggest eggs in this basket, and hoping that with all of these characters coming on the screen at the same time that it can draw and a new fan base for the dc comics and the whole universe they are planning for the next five or more years with aquaman, justice league, like marvel did with "avengers." it has developed a fan base for its characters like iron man, captain america, and then brought them in together with a big mash-up that had several hits with more films coming out. the pressure is really on warner bros. to make a success of this expensive film, but at the same time, it's an opportunity to

next on "bloomberg businessweek ." ♪ david: "bloomberg businessweek welcome back to "bloomberg welcomeply to. they want to charge less and the and the analysts i spoke to, if they could fill this plane, they think it has a chance. to takeys are trying advantage of all the computer stimulation technology, materials, improvements like carbon fiber instead of aluminum . by moving fast and cheap, they think they can bring it to market. david: you check out the prototype, in a hangar that used to belong to john denver. what does the prototype look like? ashlee: you cannot see the actual plane yet. the models they have mocked up are a bit smaller then the concorde. otherwise it looks like the concorde. they have cockpits made out of plywood and can' cardboard. every seat would be an aisle and a window. it is two rows of single seats going all the way through. their hope is to build a third scale plane by the end of next year, and that is when we would see how it flies and if it meets up with the simulations that they run. david: how much of this hinges on materials? this would be a plane bui

i'm here with the editor of "bloomberg businessweek." in the global economic section of the magazine this week, a profile of the president of brazil in the midst of this scandalous corruption scandal that's widened and widened and widened even more. guest: that's some talk for months and months that he might be impeached. it seems more and more like that could happen. she's embroiled in this huge scandal called car wash, which actually has to do with the national petroleum company and whether there were bribes to politicians for construction work, etc. and it's just getting crazy. and likely this weekend -- and there's likely this weekend to be a lot of protests. impeachment may happen. david: you look at a man you describe as marco rubio's sugar daddy. who is me? guest: he is very successful car dealership owner. he's had many lives. he was once the owner of the philadelphia eagles, and now sells very, very fancy cars. he's also been involved in the public life in miami for a very long time. he is rubio's biggest donor. $6 million. and

carol: "bloomberg businessweek" is on stands now.will see you next week. ♪ haslinda: hello, and welcome to high flyers, the show that gives you a 360 degree view of asia's business elite. he played a leading role in attack -- attracting pizza hut, mcdonald's

aboutn read the article that in bloomberg businessweek.trump stays in the spotlights in this week's politics section. would you believe his political rises partly thanks to a software design by antiwar activists? the software is called nation builder. i spoke to a reporter in san francisco. adam: nation builder is a software that serves as kind of a digital hub for a campaign. , sendn build a website e-mail, monitor social networking, and you can ingest all of this other kind of data that campaigns nowadays gather on voters. basically, the thing you are trying to do here is put together a profile on voters. so that you can appeal to them about things that they care about. in hopes that they will vote for you. donate some of their time. give money. many different things. it is a way which campaigns can slice and dice the electorate to their benefit. >> talk to us about the individual but this together because he has an interesting background. adam: jim gilliam who created nation builder is a really fascinating person. christian in a fundame

carol: "bloomberg businessweek" is on stands now. see you next week. ♪ ♪ >> our world today is wealthier than ever. not everyone shares in this wealth. today's young business leaders are challenging this, changing the way we think about money. this is a new generation. this is the new philanthropy. ♪ alejandro legorreta is one of mexico's most adventurous

carol: bloomberg businessweek is on stands now.ll see you next week. ♪ ♪ haslinda: hello, and welcome to "high flyers," the show of the gives you a 360 preview of asia's business elite. today, we need a man who dreams in a big way. he built one of the largest private banks in indonesia, but is not stopping there. he is constantly looking for ways to pay back society. let's meet --

i'm here with the editor of "bloomberg businessweek." in the global economic section of the magazine this week, a profile of the president of brazil in the midst of this scandalous corruption scandal that's widened and widened and widened even more. guest: that's some talk for months and months that she might be impeached. it seems more and more like that could happen. she's embroiled in this huge scandal called car wash, which actually has to do with the national petroleum company and whether there were bribes to politicians for construction work, etc. and it's just getting crazy. and there's likely this weekend to be a lot of protests. impeachment may happen. david: you look at a man you describe as marco rubio's sugar daddy. who is me? guest: he is a very successful car dealership owner. he's had many lives. he was once the owner of the philadelphia eagles, and now sells very, very fancy cars. he's also been involved in the public life in miami for a very long time. he is rubio's biggest donor. $6 million. and they are very close to e

i'm here with the editor of "bloomberg businessweek." the magazine this week, a profile of the president of brazil in the midst of this scandalous corruption scandal that's widened and widened and widened even more. guest: that's some talk for months and months that he might be impeached. it seems more and more like that could happen. she's embroiled in this huge scandal called car wash, which actually has to do with the national petroleum company and whether there were bribes to politicians for construction work, etc. and it's just getting crazy. and likely this weekend -- and there's likely this weekend to be a lot of protests. impeachment may happen. david: you look at a man you describe as marco rubio's sugar daddy. who is me? guest: he is very successful car dealership owner. he's had many lives. he was once the owner of the philadelphia eagles, and now sells very, very fancy cars. he's also been involved in the public life in miami for a very long time. he is rubio's biggest donor. $6 million. and they are very close to each other.

pollock, the editor of "bloomberg businessweek."

the editor of "bloomberg businessweek."now. the first piece in your global economic session

i'm here with the editor of "bloomberg businessweek."global economic section of the magazine this week, a profile of the president of brazil in the midst of this scandalous corruption scandal that's widened and widened and widened even more. guest: that's so

. ♪ carol: welcome to "bloomberg businessweek."enting the ge. >> defending your from online defamation. carol: let's go meet the editor. ♪ carol: we are here with the editor of "bloomberg businessweek," ellen pollock. you write about a capital mystery. meaning capital expenditure. ellen: we look at why companies are investing less in software tools, the percentage of total investment on an annual basis is down.

carol: we are here with the editor of "bloomberg businessweek," ellen pollock.ite about a capital mystery. meaning capital expenditure. ellen: we look at why companies are investing last in software tools, the percentagof

carol: welcome to bloomberg businessweek. defending yourself from online defamation. let's meet the editor. carol: we are here with the editor of bloomberg businessweek. you write about a capital mystery. meaning capital expenditure. ween:

we will -- you can read that story on "bloomberg businessweek" on the stands.ching "bloomberg markets." ♪ ♪ betty: we are looking at lamborghini, spider. tois the automaker attempt -- greg took it for a spin and l.a. >> i know you are you know about lamborghini's cars. -- 2016 her time lamborghini's hurricane fire is so wrong and so right. ♪ $265,000 version of the droptop with the same horsepower engine. it is the same all-wheel-drive. 201 miles per hour with a zero to 62 springtime of 0.4 seconds. what is not the same as the thrill factor. hurricane has a droptop which goes down in eight seconds and makes it more fun to drive. you are going to want to drive this thing. there is no lumbering uphills. zero hesitation when you press the gas. i told the spider along the pacific coast highway in los angeles using his paddle three speeda transmission. there is no manual option. the steering is the most precise i have ever felt. one flick of the wrist, and you are off. and the brakes are perfect with total control. driving it is a rare treat. this is the spider vers

. ♪ carol: welcome to "bloomberg businessweek." we are inside the magnesium -- magazine newsroom.ourself from online defamation. let's go meet the editor. ♪ carol: we are here with the editor of "bloomberg businessweek," ellen pollock. you write about a capital mystery. meaning capital expenditure. ellen: we look at why companies are investle

. ♪ ♪ carol: welcome to "bloomberg businessweek." in this week's issue, reinventing ge. the editor. ♪ carol: we are here with the editor of "bloomberg businessweek," ellen pollock. in the global economic section, you write about a capital mystery. meaning capital expenditure. ellen: we look at why companies are investing less in software tools, the percentage of total investment on an ann

. ♪ carol: welcome to "bloomberg businessweek." i'm carol massar.inside the magazine's newsroom inside new york. coming up in this issue, how to make millions from snapchat. also, software helping donald trump get ahead and the hollywood divorce lawyer that everybody wants. ♪ carol: i am here with ellen pollack, the editor of "limerick businessweek," and this is the room where you put the magazine together. ellen: it is. during the course of any week, we put layouts on the walls and this room gets unbelievably crowded with people in our department and editors and we all go over all of the layouts and discuss what they look like, , how they should change.

do check out her story in bloomberg businessweek on newsstands. go, take a look at where markets are trading. you have the s&p 500 down. the dow is down 4/10 of a percent. this is the markets. -- bloomberg markets. ♪ >> welcome to bloomberg markets. scarlett: good afternoon. alix steel: i am alix steel. stocks are in danger of snapping their winning streak. first loss inits march. says tesladrew james is back on track. she says the stock will june/zoom higher. it is national women's day. scarlet: we want to get a check on the market activity.

and you see one of the stars on the cover of bloomberg businessweek.th me, as well as david kirkpatrick. today is the very first day i really understood why it is so important. guy is producing 10 second videos every single day. 3ey disappear, but he has million or 4 million people seeing the videos every day. is getting 3 video million or 4 million views. compared to twitter, or someone has one million followers, it is a small fraction. on snapchat, people are engaged. they have figured out the platform. it is hard to explain exactly what he is doing. self-help, and reality tv, but it is strangely compelling, and the numbers speak for themselves. sarah and i were writing the story, and we felt it up into my snapchat's amazing weirdness, but also how compelling it is. jenner, another huge video store on snapchat apparently. david, as the guy that wrote the "facebook effect," do you understand this? if max, half my age, called it amazingly weird, i am uncomfortable with that also. it is astonishing how this service cap coming on and on and on. i know wh

you can check out that story in this week's edition of bloomberg businessweek.e are 40 minutes away from the closing bell. off the session, still up .6% off the s&p dow jones industrial average, 7% at the nasdaq. the dow gaining more than 100 points at its highest level since december. you are watching bloomberg market. ♪ julie: day two of janet yellen reaction. we not seeing a huge reaction. use a ba returned to the sentiment investors were feeling to his ago, right? indecision on the fes part on whether to raise or not indecision our really, whether to take this thing to new highs or not, or whether to sell back down. an indecisive, go nowhere kind of market here over the past couple of days. we have been watching those that track volatility and the vix itself. all that is falling to nothing. we saw it touch its slowest of the year today. people are seeing the opportunity of cheap redaction ad it was like we are seeing lot of buying of the exchange knows because people are guarding against a spike in volatility again. >> absolutely. it is a prescient time give

this is where jason started with bloomberg businessweek calls the netflix of africa.comparison? >> i hate that comparison. erik: it is a compliment, isn't it? >> yes it is, but i would like to be the logo of africa. we represent and capture african culture. we evangelize and we set african culture to the rest of the world. and africa as well. hopefully we can go beyond that description. erik: give me a sense of scale. >> in terms of the team we are 150 people. we have grown over the last five years. we have raised $35 million in venture capital. we have tens of thousands of subscribers around the world and we are the goto source for nigerian content. we are fortunate to be in that position. erik: the comparisons are inevitable, tens of thousands of subscribers against 43 million four -- for netflix in america alone, 53 million for hbo. what is your potential market opportunity? >> africa is just different. pay-tv is much more immature here. payment is still a problem, there are so many problems for it so we are focused mainly on adopted. when you think about the scale

. ♪ carol: welcome to bloomberg businessweek, i am carol massar.de the magazine's newsroom inside new york. coming up in this issue, how to make millions from snapchat. also, software helping donald trump get ahead and the hollywood divorce lawyer that everybody wants. ♪ carol: i am here with alan pollack, the editor of limerick businessweek and this is the room where you put the magazine together. ellen: it is. during the course of any week, we put layouts on the walls and this room gets unbelievably crowded with people in our department and editors and we all go over all of the layouts and discuss what they look like, how they should change. and w

you can see that in this week's "bloomberg businessweek." morning we are having following yesterday's fed announcement. greenspan -- talk about a big morning on "bloomberg ." stick with us. so much more to cover. ♪ stephanie: i'm here in the hp greenroom. coming in the next hour, our special interview with alan greenspan. you don't want to miss it. stephanie: it is time now for a very special contest we are having here at bloomberg tv, brackets for a cause. titans from the world of business, sports and finance taking their best shot at filling out the perfect march madness bracket. each of the participants are donating $10,000 with the total pot going to the victor's charity of choice. this is the second year we are doing this. last year, we raised $350,000. gary cohen won. he is playing this year appeared i playing again for girls inc. it is not just the 42 of us playing. one out of every eight americans playing in the ncaa pool. last year, 40 million people filled out brackets. barack obama had 66 million people vote for him. this is m

. ♪ carol: welcome to bloomberg businessweek, i am carol massar. the magazine's newsroom inside new york. coming up in this issue how to , make millions from snapchat. also, software helping donald trump get ahead and the hollywood divorce lawyer that everybody wants. ♪ i am here with alan pollack the , editor of limerick businessweek and this is the room where you put the magazine together. ellen: it is. during the course of any week, we put layouts on the walls and this room gets unbelievably crowded with people in our department and editors and we all go over all of the layouts and discuss what they look like, how they should change.

tracy: let's turn to max chaikin who wrote the cover story for bloomberg businessweek about snapchat. start with the basics. i think i am probably the only millennial who is not on snapchat. to: you can send selfies your friends. that is sort of what everyone knows about it. a few years ago people were talking about sex sting and inappropriate features, and that is what it was. depends,ppear -- it but everything is gone after 24 hours. it has secretly turned into this really important media company that threatens facebook and twitter and maybe also, in some far off way, some of the bigger entertainment companies. people are spending huge amounts of time on it. carol: when you look at the numbers and ratings, it is comparable to some popular shows on tv. snapchatalked to a big personality, a dj. he said, jokingly, that his following is bigger than any show on tv here not quite true, but when you look at the demographics of snapchat, 86% under 35, and you compare it to popular tv shows, it is not that off. you can see why advertisers are going nuts for this thing. tracy: does the busine

i want to bring in matthew phillips, who visited the mine and wrote about it in bloomberg businessweek feet below the surface. we know that mines are dangerous place to be. matthew: the deepest mineshaft, which they finish at the end of 2014, 1 .3 miles beneath the .urface it is hot down there and very wet. than one billion years old, they still carry the heat of the core of the earth even though you are still thousands of miles away from that. lakeboard into an ancient in the mine. they came up with all kinds of for moving solutions the water out of it. massive comes pompous 700 gallons per minute of to the surface. a really interesting look at how difficult it is for the industry to overcome these engineering challenges. alix: what is the total budget? matthew: by the time they are done in several years, there will be more than 7 billion in. hearing that copper prices are falling off a cliff. we will have to see mine closures and going off because you cannot of or the numbers. how will this get sanctioned in this kind of environment? matthew: you do not see a lot of mining companies

it is a feature in this week's bloomberg businessweek. brian is joining us now.k at the company. why not move on? is it because he has all the money tied up in their? >> no, he really is the company. he is the thing that made the thing work. a little unknown jug maker on the west coast when he showed up and that he built it into a total juggernaut. not know if there is a plan b for valeant at this point. david: when they ran into that short seller, they came out of seven of they would change that business plan. >> this is how they made all their money and how they feel the teacher or they do not have a true research and development pipeline that people are excited about the they have these older drugs people rolled out into a now offshore company here in they are charging a lot for them and this has come under huge scrutiny and may not even be viable. stephanie: if he is not part of the new plant, he is the only guy who can untangle the old land given how that duck they were. theycts i have no idea how will solve this. i would not underestimate him. the most aggr

it was a great chart in bloomberg businessweek this past week, which shows investment in has gone downhe markets. doug: i think that is right. a lot of the debt it jewish -- a lot of the debt issuance, and we have had a lot, has been shareholder friendly debt issuance. you are buying back stock or increasing their dividends, and at the end of the day, finally, the bond market, myself included, said, hold on. we are all for higher stock prices, but not necessarily if they are just generated by financial engineering and not backed up by stronger growth in the economy and stronger earnings. jon: let's go ahead of the open, perhaps one of the things benefiting from janet yellen's dovish remarks, the dollar. anis tracking and seeking to 8.5 month low. benefiting from the dollar decline and heading to the best month since 1998. snapping a four-day losing streak. my question about the dollar, the question i asked earlier is -- is the weaker dollar bud up with global financial markets at the time of the ecb and boj are hoaxing on something else? doubt that theo weaker dollar is editor financia