> that was stephanie ruhle's interview with lloyd blankfein and mike bloomberg, the founder of bloomberg lpparent company of this network. now, from two people who know about running big business to a chief executive who runs europe's largest home improvement retailer. sir ian cheshire is the chief executive of kingfisher. thank you for being here. describe for people the scale of kingfisher for those that don't know the the various brands that you operate under. >> we do about $17 billion, that is number three behind. we are about to be 11 countries. they have been at the lows. very similar type of business. >> what particular challenges do you face? i know you have a background in retail. what is the biggest challenge right now for kingfisher? >> these grown-up quite separately. they grew up as national leaders. we're turning that into an international network. we are trying to work out how to bring that together intelligently. not ending up with a one-size-fits-all. intelligently bring it together. probably the other major challenge is what is going on in the euro zone, the economy where

conversation with lloyd blankfein, chairman and ceo of goldman sachs, and michael bloomberg, founder of bloomberg lpthe recipients of the goldman sachs 10,000 small businesses program and just announce that mr. bloomberg will join mr. blank fine as a cochair on the program's advisory council. .tephanie joins me now it was like church. you could hear a pin drop. but let me tell you, this was -- >> let me tell you, this was a lucky, lucky day. i got to sit down with two leaders in their industries, two icons, mike bloomberg and lloyd blankfein. not start asin did a goldman sachs investment banker. he was a lawyer. and he worked his way up. mike bloomberg, who lost his job at allan brothers started in i.t. business with a couple of other guys. >> and then he was asked to leave. >> and that sure worked out for him. >> sure. >> the recipient of the 10,000 business award, what can this do for them? >> one of the things that i learned that the mayor sees clearly is how terrific the people all are. they are fantastic. you would think that the people we talk with today, the couple dozen that we spoke with to

. >> joining gates, a friend and fellow philanthropist, the bloomberg lp founder and former new york city mayor, michael bloomberg. >> there are fewer people starving, fewer people sleeping without a roof over their head. things are better. >> in the bill and melinda gates foundation, gates predicts that by 2035 there will be almost no poor nations left in the world. coming up, we hear what these titans are doing to see that through. bill, i read through your letter and what i noticed in the tone was that you are very optimistic. you say look, we are better off than we were decades ago. where does this optimism come from? >> i think i am naturally optimistic but also the facts are on the side of the optimist. it is dangerous that people are focusing on the bad news and not seeing the progress we have made. it means they don't look at the best practices. it makes them less generous. we are raising poor countries up. most people live in middle-income countries now. there is more to be done on health and agriculture, but the track record success, if you don't see that you are not going t

withephanie ruhle talking lloyd blankfein and michael bloomberg, the founder of bloomberg lp, the parentompany of this network. >> you can catch the entire exclusive conversation on bloomberg television this weekend. 2014been a tough start to for tesco. share.ve lost market today, the market is bracing for yet more bad news with third-quarter sales. here with what to expect as ryan chilcote. slowing sales. likely heard michael bloomberg say rude awakening. maybe that applies to tesco. we got this report urges basically as bad as it gets. these researchers who follow say that the sales and market share of tesco here in the united kingdom over the last three months fell by the most since they've been compiling the report more than two decades ago. sales fell three percent in market share down by 1.5%. to 14 analysts and they said that they actually think that sales fell by 4% which, by their record and ours, is the worst estimate in at least a decade. one of the 14 analysts we spoke to said he put his numbers together before this report came out. he says there's downside risk. the numbers

bloomberg lp founder, michael bloomberg, with the mayor of london this week.bloomberg is the owner of bloomberg television. why in back now to our the world series, where we look at how technology is. fusing technology and medicine has allowed doctors to treat patients with the most sophisticated and durable life -- durable devices available, but it is not always easy or simple to get this equipment. aptitude, out of texas, is trying to change that. they describe themselves as the amazon of medical devices. and general manager joins me now and our studio along with our editor at large, cory johnson. the amazon of medical devices, what does that mean, exactly? >> of business marketplace focused on helping hospitals suppliers come together to do contracts for health care supplies. hospitals have to source tens of thousands of different products in support of patient care. to manage the costs associated with these products, they use purchasing contracts. the process of adding for those contracts can take anywhere from six months to nine months. this takes a marke

. >> bloomberg lp senior economist says that is the video among high income fires has been the springousing market primary development. our home builders targeting this segment of the u.s. population? only growingot part of the housing market but have been a big part of the consumer recovery overall. i think that largely reflects what everyone knows is happening with the distribution of income so far and the recovery. hopefully if things continue, the labor market will see them spread out. >> speaking with chief economist at jpmorgan. talking about housing. those who have considered buying a home have been putting it off for the past few years. now that things seem to be stabilizing, how much pent up demand is there out there it? >> a fair bit of pent-up demand for housing. yeargh the middle of last seeing pretty good gains in home sales. 10-15%.e up then we had a big move up in mortgage rates that took time to digest but seems to be fading now. not only pent-up demand for housing but more important for the overall economy. for gdp,ld be good construction employment in the overall eco

the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or employees.e sitting down to a big sunday dinner with the entire family? do you wish you could enjoy the taste of those meals? now you can take grandma's recipes and turn them into a hearty pot roast with all the fixings done in 25 minutes.

celebration of small business is what brings together lloyd blankfein and mike bloomberg, founder of bloomberg lpthey honored the recipients of the goldman sachs small business program. welcome. thank you. when we think about your careers, you were not born and bred a goldman sachs banker, you started a tech company. tell us your story. how did you get from the beginning to where you are now. we are celebrating entrepreneurs, of which mike is a terrific and fabulously successful one. butined an ongoing concern, i grew up in brooklyn, east new york, i lived in the projects. i went to great schools and came out, and practiced law for a while and then tried to get a job at wall street because i thought it was the most interesting and exciting place to go in new york city. i thought i could not get a job anywhere, for reasons that were very appropriate at the time. i got a job at a commodity trading firm which is on the lower prestige end of that gradient. that firm was acquired by goldman sachs them and that is how i got my job at goldman sachs. >> you had to have been extraordinarily scrappy to get

it does not reflect the opinions of bloomberg lp, its affiliates, or its employees. >> the followinghe 21 day fix. you will lose weight, get in shape and stay that way. >> welcome. thank you. have a seat. thank you so much for joining us today. as someone dedicated to help in fitness i and excited to share this program with you. it is called the 21 day fix.

lloyd blankfein was here to chat with mike bloomberg yesterday, , theounder of bloomberg lp parent company toevision, in a conversation talk about the personal experiences and eight look back. it was anchored by stephanie ruhle. she is with us. >> lucky day for me. we sat down and talked about their careers because they were celebrating the small business, giving grants to people across the country, really across the world. they did not come from a mckinsey consultant background. lloyd blankfein was a lawyer who could not get a job on wall street. -- mike bloomberg gets fired from salomon brothers, starts a tech company with four guys in a room, does not convey customer for four years -- two years, and look at them. i asked lloyd blankfein, you're no longer in the trenches, what gets him going benchmark where does he get fired in his belly -- going? where does he get the fire in the belly? >> when my job gets going, things are not more fun. i cannot imagine leaving it. when things are going badly, my sense of responsibility takes over and i could not imagine leaving it. i either love what

technology week kicked off in washington with michael bloomberg, former mayor of new york, founder of bloomberg lploomberg option, sat down with bloomberg josh tyrangiel. take a listen. >> not only does london need to but thiseed the tech, is where tech wants to go. you have got to know about the world and be able to show to the world and ask the world what he wants, and they live here and live in new york, more so than in any other cities. >> other cities including san francisco, san jose, most of the west coast. guestd truesdale, our host for the hour, do you hear tech companies saying that they would rather list in london or new york? >> a lot of interest in tech and biotech out of europe and the u.k. in particular. many of them happen coming to the united states. reboundedarket, which for a well, as rebounded again. >> when it comes to tech, everyone will throw stuff back -- at the screen back in london, the u.s. tends to get it more. create ayou can never tech scene. i was in cam which 2 years ago and were trying to tell me that it is the silicon -- john was talking about the silicon roundabo

. >> bloomberg lp is a modest investor. >> thank you, tom. >> oil rallies to a nine-month high as insurgents more iraqi cities. vices are still only up 7% since the deadly campaign began to ask ago -- prices are still only up 7% since the deadly campaign began two weeks ago. are we setting over some super spike? >> what you want to watch for, not a big supply disruption in iraq, some in the northern high plains bombed, but you've not seal gog southern off-line or facility attack. i think that is what the market is waiting for. as long as the southern infrastructure is say. i don't necessarily agree with that. but i think there is a little bit of complacency that everything will remain fine in the south. >> how much confidence you have in iraq's army to actually guard these facilities? >> they're taken some of the units out of the south and sent them up north. you have the shia militias parading around places like basra, but the fact exxon mobil, bp, and some of the trays oil companies are starting to take their employees out of southern iraq is a sign they don't believe all is safe down ther

i think cities are a place now -- certainly bloomberg lp, your media company, has spent a lot of timehe totality of -- on the vitality of cities. even in a world people can live anywhere because you can commute virtually, they like to live in places where there is creativity. >> the people who attend this event pay thousands of dollars to do so. does it feel awkward staging what i might describe as in event for the 1% of the 1% when there's so much attention on inequality here? >> we have spent a lot of time talking about inequality. we are a nonprofit, so there are patriots who spend a few thousand dollars for tickets but all of the money goes to pay for scholarships. half the people here don't pay anything. atthose, some are speakers some of those are people just on scholarship. they come from high schools across america. i think it is important we do this as a nonprofit and we do it so the people who are in the 1% and pay enough to come here, we appreciate what their money does that make sure half the people coming here are coming for free. >> people know you as the guy who wrote t

of national intelligence, and at the end is my colleague paul wood, the chief risk officer for bloomberg lp. we are delighted to have all of them with us this afternoon. i would like to start with rich and then paul for the private sector perspective. you can, inbit if as much detail, the kinds of threats you are dealing with, whether you can describe the type or the scope and how you share information about them with industry and government. >> sure. what we tried to do is categorize the threats. we think about them in four areas. education,, cyber cyber espionage, cyber warfare. crime is straightforward. everyone knows we are a bank. people want to go to a bank because there is money. agitationation -- would be something like there is no theft going on, the inability to actually be able to bank. cyber espionage is about trade secrets and cyber warfare is partesting because we are of the critical infrastructure. there is potential for a nationstate trying to make a practice for diplomacy that could impact our critical infrastructure which could be an issue. we look at those factors then we