bloomberg lp was one of several news organizations that filed a

the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> the following is a paid advertisement for time life's music collection. the miracles: ♪ ooo baby baby announcer: it's all about love. heatwave: ♪ always and forever ♪ announcer: dancing close. heatwave: each moment with you ♪ announcer: kisses when the lights are low. teddy pendergrass: ♪ turn off the lights and light a candle ♪ announcer: it is slow and sexy. it is warm and sweet. freddie jackson: ♪ you are my lady announcer: it's the sound of "classic soul ballads." peabo bryson: ♪ if ever you're in my arms again this time ♪ peabo: hi, i'm peabo bryson. i've been singing soul ballads for over 30 years now, and i've been in great company. wonderful artists like marvin gray, the great al green, they the talented luther vandross. they took love songs and added a whole lot of soul and created absolute magic. smokey robinson: ♪ baby, let's cruise away from here ♪ luther vandross: ♪ here and now i promise to love faithfully ♪ peabo: a great soul ballad is something very special. it is

bloomberg lp was one of several news organizations that filed a friend of court brief in favor of cnn is bloomberg. ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets." breaking news, a judge has ordered the white house to immediately restored cnn white house correspondent jim acosta's access to the white house. a federal judge once again has said that the president must restore white house access to cnn reporter jim acosta, at least for now. this is pending a further hearing. it comes amid the president's escalating feud with the media, more specifically cnn. other networks have rallied around cnn in defense of the first amendment right to cover the presidents, including fox news and also bloomberg news, which filed a friend of court briefing in the matter. guy? guy: let's talk a bit about what is happening right now. over the last 24 hours, we have been focused on u.k. assets surrounding the brexit story. let's show you where we are as we come toward the close of play this friday. the ftse 100 is down. and in many ways we saw yes

the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees

bloomberg lp was one of several news organizations that filed a friend of the court brief in favor ofthe justice department inadvertently revealed prosecutors have charged julian assange. his name appeared twice in a t

the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees the following is a paid program for carshield that will show you how to save big money on your auto repair bills. today's show is hosted by tv's overhaul adrienne janic, and features appearances by former ghostbuster ernie hudson.

the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees the following is a paid advertisement for dr. ho's physio belt. john: welcome to our show, "living without back pain." do you suffer with back pain or shooting pain down your leg? stay tuned and discover how others just like you have found a new way to relieve their back pain. >> it is really funny, i just put the belt on, i have had it on for about one minute. and already there is a reduction in pain that i have in a particular spot in my back.

the opinions and views expressed do not reflect bloomberg lp, its affiliates, or its employees. >> thetisement from time life. robin: my name is robin williams. >> hold onto your hat. robin: for those of you on acid, this is a frisbee. >> the time has come for an epic entertainment event. it's mind blowing, it's jaw-dropping, and most of all. >> it is genius. >> genius. >> comedic genius. >> time life proudly presents a once-in-a-lifetime collection in the making. robin williams, comic genius.

the opinions and views expressed do not reflect the views of bloomberg lp the following is a paid advertisementame is robin williams. >> for most of you, this is a frisbee. faxks the time has come -- that -->> the time has come for an epic event. presents aroudly once-in-a-lifetime collection decades in the making.

bloomberg lp was one of several news organizations that filed a friend of the court brief, in this case come in favor of cnn. the justice department has inadvertently revealed that prosecutors have charged julian assange. his name appeared twice in a court filing on a nonrelated case. it is unclear what charges he faces. assange has embarrassed the u.s. government with mass disclosures of classified information. in thebeen holed up ecuadorian embassy in london for more than six years. in northern california, the death of all in the states deadliest wildfire ever. at least 63 people were killed and they have raise the list of missing people to 631. meanwhile, survivors have questioned the morning system. some say by the time they were alerted, the flames were already close. others say they got no warning at all. a painting by david hockney has set an auction record for a living artist. portrait of an artist one for more than $90 million at christie's last night in new york. the previous record, $58 million for a painting by jeff koons. global news 24 hours a day, on-air, and @tictoc on t

the opinions and views expressed do not reflect those of bloomberg lp its affiliates or employees.: next, a paid presentation from perricone md featuring a lively discussion on aging with some of television's favorite faces. gilpin, tracy redmond, and your host, courtney thorne smith. brought to you by trusted guthy renker.

bloomberg lp was one of several news organizations that filed a friend of the court brief in this casen favor of cnn. iowa republican chuck grassley will take the reins of the senate finance committee at the start of the next congress. he will replace you to republican orrin hatch who is retiring. the panel has jurisdiction over tax, trade, and health issues, and the senate finance chief will be one of the key figures to move trade deals with canada and mexico through congress. this would be grossly's third stint as finance chairman. in florida, workers begin recounting by hand this morning in the state senate contest. ballot counting machines show rick scott leads democratic incumbent senator bill nelson by fewer than 13,000 votes out of more than 8 million cast. scott has called on nelson to end the recount battle, saying it is time to respect the will of the voters. sanctions may have cut as much as 6% of russia's economy over the past four years. a study by bloomberg economics found the economy of the world's largest energy exporter is more than 10% smaller compared to what might h

bloomberg lp was one of several news organizations that filed a friend of the court brief in this caseews, 24 hours a day, on-air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm mark crumpton. this is bloomberg. >> it's 3:00 p.m. in new york, and :00 p.m. in london. i'm scarlet fu. taylor: this is bloomberg markets, the close. >> the u.k. prime minister governmentrm as the -- u.s. stocks edging higher thanks to a big rally in tech. stop -- stocks are deep in the red as disappointing results from a handful retailers weigh on the sector ahead of the all-important holiday shopping season. all that and more, coming up. we have just under an hour to go before the close of u.s. trading and the nasdaq is leading the way among the three major indexes. chip companies leading tech and tech leading the broader markets overall. walmart falling as much as two point 9%, profit margins getting squeezed by higher transportation costs and its money-losing online units. taylor: even though the economy is pretty good and they forecast their full-

bloomberg lp was one of several news organizations that filed a friend of the court brief in favor ofcase. crewseather helped fire gain ground against the nation's deadliest wildfire in a century. killed, somee were 300 unaccounted for. one week after the flames swept through. we will have to manage our forests better, build our cities more smartly. we have to build shelters so people can escape when these terrible fires get out of hand, and we will have to deal with climate change. all of that, many elements. we have to get on the side of nature, not fight it. mark: the white house announced president trump will serve a wildfire damage this week. global news, 24 hours a day on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am mark crumpton. this is bloomberg. scarlet: we breaking news, intel adding to its stock buyback program and reporting a $16 billion boost to its stock purchase program. the shares were down earlier and repaired some of their losses. taylor, it also indicates intel perhaps is not seeing better use for

bloomberg lp was one of several news organizations that filed a friend of the court brief in favor of cnn. the justice department inadvertently revealed prosecutors have charged julian assange. his name appeared twice in a court filing on an unrelated case. it is unclear what charges he faces. assange has embarrassed the federal government with massive closures of classified information. he has been holed up in the ecuadorian embassy in london for more than six years. british prime minister theresa may has filled vacancies in a cabinet but by ministers who quit over greg's it -- brexit. stephen burke the replaces rodd.c the government says berkeley will focus on "domestic repair and is for brexit" now that negotiations are done. the new work and pensions secretary is replacing esther -- over the scandals about the mistreatment of long-term u.k. residents probably caught up in a government drive to reduce illegal immigration. global news 20 hours a day on-air and a tictoc on twitter powered by more than 2700 journalists and analysts in more than 120 countries. i am mark crumpton. this

bloomberg is the founder and majority owner of bloomberg lp, the parent company of bloomberg news, and why we are called bloomberg. so he helped a little bit without one. that is an important one. this is the helicopter pilot. all those advertisements where she was flying the helicopter, but she was a strong candidate, you have to agree. >> i think candidate recruitment is something they can point to, democrats really got candidates that were very appealing. they talk about how many women they have had, but there are many veterans in this and i think it will be interesting how this plays out. historically, one thing people appointed to when they talk about bipartisanship was the shared experience of world war ii, fighting in the korean war, and we now see a second round of the influx of veterans into the selected positions. and it will be interesting to see if that helps foster more of that ability to work across the aisle. david: and the polls give it away. now a projection in the texas senate, ted cruz will be reelected into the senate. beto o'rourke's quest has ended. a narrow defea

bloomberg following the apple story. just type lpl see go on the stocks and it will show you the suppliers, the customers, as well as the comps. there's a wealth of information with lpsbook him for's -- bookmakers raising guidance but the big picture on the trade story dominates. this is bloomberg. ♪ ♪ than a minuteess away from the open of cash trading trading this day. the last trading day of the week in europe. the euro is a bit stronger against the dollar, the dollar a bit weaker, very risk on. aviation and trade tensions, a lot of news flow. the big picture that looks set to dominate european equity markets. the oil price moved higher on the trade headlines. the drop has led to bear market territory on the wti. this is brent. chinese equity market, more than three percent higher in one session, getting a boost from the story about trump thatt and also our story trump is ready to do a deal with china -- story from trump's saying that he is ready to do a deal with china. so the big picture is around trade. because if the equity markets higher by as much as 1.7%. it are also signs of positivity in the dax futures, the german equities market. short-term reaction wil

bloomberg intelligence. and have a look at what is going on in the ecj equity form. tell me about the lps what they are most concerned about. i guess two things. if you have not raised the funds , fundraising seems to be more challenging next year. second thing, if you are late cycle in investments, given the bowl in the market, public markets are in. , ayou're looking to invest lot of these things are long-term. it is really education. to speak to that point, my next guest is the founder and chairman of strategic holdings. think for coming on. -- thanks for coming on. most of your portfolios are education focused. i know it is an exciting place to be. but what is it about it that makes it so special? education,ase of just to give you one number, in the case of china, the education market in 2016 market 189 billion u.s. dollars. this sector has zero interest in characteristics. cash flow generation is very strong. generally speaking, they use this and pay for services before the actual service is delivered. so the balance sheet, you very often see a big item called deferred revenue on the