this is a special new year's edition of "bloomberg west."nvestors calling for apple to diversify its product line, but it's mostly white male executives. microsoft will now notify users about government hack attacks and we will continue our conversation with linkedin founder reid hoffman. now to the lead, apple being criticized for not being diverse enough. here's the play-by-play. bloomberg news just learned a recruitment proposal submitted by an investor calling on the company to recruit more people of color to high-profile role to increase diversity. apple responded, saying it rejects the proposal, calling an attempt to micromanage recruitment. the ball is now an apple's court, and the company has to decide if it should bring the matter to a vote, which would culminate in a shareholder meeting. david ruddiman from endurance capital partners joins us now. sarah, first to you. this is interesting, shareholders getting involved in the discussion that has been taking place. sarah: right, this guy who submitted the proposal only owns about 645

emily: i am emily chang, and this is "bloomberg west your quote -- "bloomberg west." and driving ahead with over one billion rides in 2015. how uber is responding to the competition, and snapchat is said to be rivaling facebook in video views, even though facebook has 15 times as many users. first, to the lead. the tech ipo darlings of 2015 lost a little more love, finishing down more than 10%, and off since its debut, fitbit has declined, and etsy is down since it went public in april, and gopro is down. why are people so anxious? cory johnson joins us, and david fitzpatrick, a founder and ceo, and also alex, a bloomberg reporter. what is the common thread here? reporter: the common thread is that when they went public last year or 1.5 years ago, they had this astronomical growth. they said they had all of these opportunities, and they were not as focused on the bottom line, on property, and now in this investment environment, this turn in investor sentiment we have seen in broader markets has sent investors fleeing some of these companies that seem a little bit risk

. >> this is bloomberg west. coming up, amazon tanking trading as the profitseast misses on and sales. plus, full steam ahead for microsoft. software giant reported a strong quarter. the day,iggest win of facebook stocks surging after a record report. first, to our lead. delivers its best earnings ever but shares getting slammed in after-hours trading. surprised investors who might have been hoping on more profits in the quarter. coming in at $1. shares of $35.7 billion, fourth sales. but those sales are 22% of the big numbers from a year ago. the question is whether amazon can readjust its investments. joining us right now, a senior research analyst in minneapolis and new york. columnist shelly. gad fly is our fast commentary oughtn which you really to be checking out. and let me start with you. it seems that at least the wall street sell-off, that this has been one of the biggest gainers major markets, whether it's the s&p 500, the nasdaq, you name it. but these numbers are not the kind of profitability that in

this is "bloomberg west." another record quarter for facebook as it rakes it in for mobile video and instagram. share surpassed $100 in after-hours trading. ebay shares tank. wall street weighs in on apple, who is cutting their price target and why? facebook crushing fourth-quarter earnings as the company continues to rake in ad revenue from video, mobile, and instagram. overall revenue was $5.8 billion, up 57% year over year. shares spiking after hours, as much as 9%. sheryl sandberg talked about a shift on a conference call. >> if they want to reach their customers where they are, mobile is essential. our conversations with clients have shifted from when to how. emily: here with me to break it all down is our next guest and cory johnson. i heard you refer to facebook earnings with a word you have never associated with a company before -- fantastic. give me the high points. what is so fantastic? cory: this is a really big business growing at a rapid clip. it is interesting to see the user growth happening on

emily: i'm emily chang and you are watching "bloomberg west." for the first time, the obama administration has said hillary clinton's server contained closely guarded secrets. the state department is releasing 1000 pages of e-mails from clinton's time a secretary of state for 22 e-mails will be withheld because they contain top-secret material. fox news says 12.5 million people tuned in for last night's donald trump-free debate, the second lowest rated debate of the presidential primary season. set out yesterday's debate and staged his own event in iowa. california officials say one of three fugitive inmates from an orange county jail is in custody. two other men who escaped from prison are still at large. a woman who taught english to one of the inmates has been booked as an accessory. police say she gave prisoners maps of the jail complex. michigan governor snyder is giving another $28 million in emergency aid for flint's lead-tainted water crisis. officials may have known about the tainted water long before they acknowledged it. workers were

time now for bloomberg west. ♪ emily: i'm emily chang. you are watching "bloomberg west."mware on its way up. a path forward with restructuring. and twitter's revolving door is still swinging. we check out the ceos record and tough job she has ahead. lead, iphone sales are stalling. overall sales were 2.9 billion dollars. profits, a 2% increase. the real number to watch is iphone sales. decades,irst time in iphone is forecasting a decline, the market for iphones may be peaking. a different economic environment around the world, seeing softness in hong kong, a big part of their china business. take a look at what tim cook had to say moments ago. : we are seeing extreme conditions everywhere we look. major markets including brazil, russia, japan, turkey, southeast asia, and the eurozone have been having weakening currencies, falling commodity prices. question to ask, hasn't reached the limits? we have it all down, including our, editor-not-large, cory johnson. cory johnson, i will start with you. take it down. what do you see. cory: the numbers are solid for apple. iphones t

time now for you for bloomberg west. emily: you are watching "bloomberg west." iran has released the 10 american sailors they detained after two boats drifted into iranian waters. a decade of sanctions on iran may end on monday. the iaea with a final report. the house approved the republican backed legislation giving congress greater oversight of the landmark iran nuclear deal. the vote was 191-106. president obama will likely veto the measure. the company sees fourth-quarter and 2015 sales of $435 million and $1.6 billion respectively. analysts had expected fourth-quarter revenue close to $510 million. joining me to break down what it means, porter bibb in new york. here with me in san francisco is cory johnson. what is happening? cory: gopro is not going anywhere. revenue is shrinking. this is supposed to be a growth stock. some analysts said this could be the next apple. this is -- here is what has happened. revenue growth for the consistent and the guidance was going to be even higher. what we have seen, suddenly, the company says, fourth quarter, our big qu

bloomberg west -- and this is bloomberg west.ve a look at the stories making headlines in asia. we are bracing for a second day of losses in asia after the worldwide selloff that and -- welcomed 2016. europe and asia are all closing lower. a report showing u.s. manufacturing contracted at its fastest pace in six years utterly added to the worry is of the factors parking the stock plunge was a drop in the yuan. authorities withdrew official support late in the day. the decline reflects continuing demand among chinese investors to move funds out of the country. the chinese mobile service plunged the most since august. they announced major management changes including the ceo and cofounder resigning. china and china east boast -- both close their ticket booking after receiving widespread complaints from customers over the service. samsung has asked us to brainstorm new ways to handle the petition as it warns of a challenging year ahead. vice chairman and ceo says traditional hardware sectors are collapsing with a landscape changing

coming "bloomberg west." up, the polish is back on apple.nvestors snap up shares ahead of the country's next earning report. pay to play. writes a $1 billion check to apple. high-tech firms to practice what they preach when it comes to diversity. we will debate the issue. shares of apple over 5%. the stock outperform in s&p and the nasdaq year to date me at still another apple search is being predicted and investors seem to be listening. take a listen. >> we have looked at the historical trading over the past 10 years, and we are not at historical lows, but we are near historical lows, so that gives us confidence going into this despite the skepticism. emily: joining me is our editorrg contributing and adam, who covers apple for us. adam, i will start with you. put this into context given all context we have heard. and another investor thinks apple shares will increase because of the next iphone. adam: there is a lot of volatility around the stock lately. people are waiting to see what the company is going to do next. there is a lot of repor

back with we will be more of "bloomberg west."eeking out today turnork state may quote, off niagara falls. this process will allow officials to tear down two bridges across the niagara river. they are more than 100 years old and cannot be replaced with 30,000 cubic feet of water flowing each second. what is it going to cost? officials estimate just $3 million. coming up, the ea ceo says "star wars" game sales have not peaked his plan to keep the high alive. ♪ emily: turning to the gaming industry, one title can make or break a company. how do you follow up a smash hit? star wars ea's battlefront searched past 13 million copies sold in the third quarter, investors focus on next quarter's guidance and sent shares down 8% today. the ea ceo, andrew wilson, join me for an interview. -- joined before an interview. >> we sold more than our guidance. mmypg has a high subscriber rate in 3 years. in 130top five downloads countries. you roll right in with sports doing well, ultimate teamup, and i think we had a spectacular quarter. star wars

does it for this edition of "bloomberg west."n't miss our continuing coverage of the world economic forum in dallas. that's all from san francisco for now. vos.n da that's all from san francisco for now. ♪ the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. announcer: from our studios in new york city, this is charlie rose. begin this evening with wall street, global markets, and the global economy. , the dow jones closed down 240 nine points after sinking as low as 560 five points. the index has already retreated more than nine percent this year. china remains in focus a day after the government announced gdp had fall

this is "bloomberg west." a red letter day for tech investors, some of the biggest names caught in a major downdraft. venture capitalist new frontier as funding in the u.s. fades, investors plan for gold in china and india. the taxman comes calling for apple. a brutal into the week for tech investors as stocks plunged to levels not seen in more than a year. 2.5%.sdaq falling over the average is in a correction. intel down 9%, twitter hitting another all-time low, down over 5%. joining me now is our guest host for the hour. a portfolio manager with endurance capital partners in new york. randy, i want to start with you. selloff.oad market we are looking at things happening in china as well as what is happening with oil, boiling fall -- will falling about 5.5%. i want to show you what is happening as far as the s&p 10 sectors. technology was the biggest laggard. energy was down by 2.8. financials are down by 2.4%. amazon -- out of the 69 securities in the s&p tech sector, 66 were in the red. emily: david, when y

that does it for this edition of bloomberg west.ore tomorrow. ♪ living in painen and you are tired of projects that do not work, 1.5 billion people are living in chronic pain.

time for bloomberg west emily: i'm emily chang and this is "bloomberg west." coming up, intel shares sliding after hours. the company is warning about first-quarter sales. plus, back to the future. qualcomm ships returning to samsung smartphones just a year after the south korean phone giant asked them. and riding on a cloud. we sat down with a man who runs one of india's largest conglomerates to talk about their electric scooter. and i take it for a spin. first, to our lead. intel shares sliding more than 4%. the company reported better-than-expected fourth-quarter earnings, but it is worried about sales and margins in the current quarter. joining me now, our editor at large, cory johnson. also joining us, the editor of bloomberg intelligence. they just reported the worst levels since 2007. how is that reflected in the intel numbers? cory: intel is only down 1% in pcs. if they are the biggest supplier to the market, and it is the biggest part of their business, and they are only down 1% when the market is down 10%, i'm going to call that success. it's like hi

more of bloomberg west, next. ♪ emily: now, to the u.s. with the biggest emily: now, to the u.s. executive with the biggest paycheck. he tops the bloomberg index. woodman is followed by michael friese whose pay was about $139 million. six of the best paid executives work that consumer discretionary firms including companies like tesla and discovery communications. as we kick off the week, the tech world is focused on ces. the consumer electronics show begins wednesday in las vegas. they will be betting on the biggest technologies of 2016. our editor at large will be there. david kirkpatrick is also still with us. what are the big gadgets? >> it is going to be an interesting conference. it is going to be about one million gopro knockoffs. 1000 fit bits, hover boards, and a lot of junk. but we are going to start to see a discussion about the way that data can be used as it is gathered by devices. the internet of things. those ideas, where so much data is being gathered, and what you do with that is the second part. we might see a lot of discu

we will be right back. ♪ and thisam emily chang is bloomberg west. 330 tuesday and 7:30 wednesday morning where we are joined by shery ahn to look at the stories making headlines in asia. the eve of the world economic forum in. posts -- in davos, ceos are turning more pessimistic on global growth. a new survey shows that just 27% expect improvement this year. meanwhile, one in four say that the economic outlook will worsen . two thirds of respondents have a see more threats facing the company's in three years ago. bhp has cut its four -- full year iron ore guidance. production into june is now forecast to come in at 237 million tons, down 10 million on the previous estimates. the mine has been halted. it's being described as the country's worst environmental disaster ever. leaders will meet today for a five-year debate on the environment at home and abroad. the discussion will the divided between those who want to reserve ties with china and moved to the u.s.. the central committee will nominate his successor and other political posts which cart parl

that doesn't for this edition of "bloomberg west."off a big week of tech earnings starting with apple, that is all today from san francisco. ♪ ♪ >> from our studios in new york city, this is "charlie rose." steven avery was wrongly convicted of sexual assault and attempted murder in 1985. he served 18 years and a wisconsin state prison before he was exonerated by dna evidence in 2003. in 2005, shortly after filing a lawsuit against the county that wrongly convicted him. avery became the prime suspect in the murder of teresa hall buck. a new network's documentary chronicles his prosecution and eventual conviction, it is called, "making a murderer."

that does it for this edition of bloomberg west.ur guest host is always entertaining. ♪ we live in a pick and choose world. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number, and the lowest prices of the season. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! save $1100 on the i8 mattress with purchase of sleepiq technology and flexfit3 adjustable base. ends monday. know better sleep with sleep number. >> from our studios in new york, this is "charlie rose." we begin with politics. much talk about the republicans, but the race for the democratic nomination has intensified. senator bernie sanders said hillary clinton's criticism of his stance on gun control and health care signals her campaign is in trouble. he took the lead in new hampshire according to an nbc poll. he is closing the gap in iowa. thrush.me now is glenn

. ♪ emily: you're watching bloomberg west.witter stocks tending again, jack dorsey turning around the sinking ship. all lines on apple as the tech giant prepares to announce earnings. how long they can keep up the pace. cuts.int announces job investors signaled they are not so sure. twitter shares are tanking again, closing down almost 5% after the company lost for key members of its executive leadership team. jack dorsey confirmed the departures in a tweet saying that he was hoping to talk to the twitter employees about this later this week but i want to set the record straight now. it comes as the company struggles to improve its site quickly enough to reverse a slowdown in user growth. how much will these departures impact his turnaround plans. there are a lot of reports but what do we know? sara: we know for sure that these people have left twitter. jason's off the head of vine has left twitter. we know that they are adding to members of the board based on information from sources. we also know they are getting close to hi

we will be back with more of bloomberg west.ts of apple cutting iphone sales, next. ♪ the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. emily: this is "bloomberg west." it is 3:30 p.m. tuesday here in san francisco. 7:30 wednesday morning in hong kong. we are joined for a look at the stories making headlines in asia. good morning! >> china is said to have intervened to calm things in the face of new year market volatility. a source told bloomberg the central bank stepped in to prop up the yuan on tuesday the currency rebounding from a five-year low. the move was meant to take the edge off the yuan's volatility rathe

that does it for this edition of "bloomberg west.", don't miss our continuing coverage of the world economic forum in davos. that's all from san francisco for now. ♪ >> the following is a paid advertisement for omega xl. >> if you have been living in pain and you are tired of trying products that do not work, you are not alone. 5.5 billion people worldwide are living in pain.

that does it for "bloomberg west " today.e back tomorrow. ♪ >> from our studios in new york city, charlie rose. rose: we're live this evening. president barack obama delivered his final state of the union address. tonight was less about the past and the future. president obama: let's talk about the future.

more bloomberg west next.mily: the company that has once resisted letting local taxes has had a change of heart. airbnb had a global policy. withdees were told, work us and we will collect millions of dollars in taxes for your city. this is part of the latest push for corporate let -- for corporate regulators. about this last month. >> a lot of cities are getting the basic point. this is a new thing that came out of the economic dislocation in 2008. emily: yahoo!, saying it will decide its next strategic step after the company reports earnings. according to reuters sources, the company also rebuffed several potential buyers for poor internet access. the business has been scrutinized over the past few months. star board values threatened ceo mercer mayer with the possibility of a proxy fight, unless the committee makes significant changes to its leadership and strategy. our bloomberg can jupiter paul kedrosky is here -- bloomberg contributing editor paul kedrosky is here. brian, the story is changing by the hou

emily: emily chang and this is bloomberg west.lia with a look at the stories making headlines in asia. joel jo: just julia: shares in shanghai plunged 6.5% closing at their lowest level in 13 months. chinad of money exiting fueled it. one of the most accurate forecasters says stocks could fall another 10% before they hit bottom. jumpedtion equipment solicitediving an unselecte takeover bid. emergecompany had last year and a deal that would create $10 billion in sales. india's biggest airline has become the world's worst performing airline stock two months after its ipo. indigo has lost a quarter of its market value. that is after the airline said it was leasing to planes. jump in profits in the third quarter on lower fuel prices and higher traffic. ber is lining up a bank to help drivers buy cars. into 400expanded chinese cities and attracted 250 million users. it plans to roll out credit and debit cards with the banks that offer discounts and benefits to .riters -- riders emily: given the rivalry what does the same to you to ensu

david: emily chang, anchor of "bloomberg west."ore bloomberg markets up next. ♪ hii'm here to tell homeowners that are sixty-two and older about a great way to live a better retirement... it's called a reverse mortgage. call right now to receive your free dvd and booklet with no obligation. it answers questions like... how a reverse mortgage works, how much you qualify for, the ways to receive your money... and more. plus, when you call now, you'll get this magnifier with led light absolutely free! when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home and here's the best part... you still own your home. take control of your retirement today! from bloomberg world quarters in new york, this is bloomberg markets. we want to get a check of our headlines. the house of representatives returns to work today, and repealing obamacare once again topped the agenda. unli

emily: i am emily chang and this is "bloomberg west."- sources say that the pboc repeatedly bought the currency in hong kong on tuesday causing a record surge in the money market rates to better bearish investors. let's follow earlier investors by senior officials to talk up the currency. up 7/10 of 1% versus the dollar at one point. its longest winning streak since march. they are not concerned about the market turmoil in china. it has expansion plans and will add 500 new stores by september. starbucks says it has up and hurt by the yen volatility, and is expecting a jump in sales. pther companies including sa and others have expressed optimism about growth in china. independente an committee to inspect facilities after scores of workers fell ill at semiconductor factories. i have been the victim of rare cancers. they agree to monitor and report on working conditions. fund at samsung to compensate work -- sick employees. the issue dragged to the courts for years before samsung abruptly apologize last may. and they will step up the fight

. ♪ emily: i'm emily chang and this is "bloomberg west." star billing for netflix on wall street.hares popping after the company reports a surge in international subscribers. shares of ibm headed the other way. the stock sliding, despite a better than expected earnings report. a tough day for twitter yet again after system problems shut out millions of users. netflix reporting a huge win with better than expected subscriber growth in the fourth quarter. shares spiking over 9% in after-hours trading. the giant added more than 5.5 million subscriptions worldwide, beating analyst expectations. sales grew to $1.82 billion, just shy of projections of $1.83 billion. what is next for the world's largest paid online tv network? here with me is on trace wants and from new york, with a company that analyzes video streaming data. in l.a., our netflix reporter is here. let's dig into the numbers a little bit. is international subscriber growth going to be enough to offset domestic growth going forward? >> netflix says it is. last quarter we had a similar situation where they exceeded expectat

that does it for this edition of "bloomberg west."orrow, plenty more from the consumer electronics show. we'll be focused on the future of media with tom rogers, boss ttman and vevo c.e.o. eric huggers. that is all for today from san francisco. ♪ the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. >> this program is a paid advertisement from u.s. money reserve, doing business as united states gold and silver reserve. the markets for coins and bullion are unregulated. prices can rise or fall, so buying these items carry some risks. past performance of a coin or the market cannot predict future performance. authors are void w

time now for bloomberg west. ♪ emily: i am emily chang, and this is "bloomberg west."oming up, spending spree. chinese companies break out the checkbook, snapping up a major movie studio and dating app. twitter ups periscope. you can now watch live videos inside actual tweets. i will sit down for an exclusive interview with with ceo kayvon beykpour. pop-up video for the digital age. spotify and genius team up to give users the stories behind songs. chinese companies are continuing a wave of m and a. in a 24-hour span, beijing kunlun bought a stake in grindr and announced the purchase of legendary studios. two separate companies are bidding for ge's home appliance unit. what is behind the merger mania? can it last? joining me now, jeff mccracken in new york, brian buchwald. in san diego, paul kedrosky, our contributing editor. welcome back. it has been a little while. jeff, i will start with you. what is driving all this? >> it is not just about china. it is about the united states. whether you're talking about chinese firms, and you mentioned three firms, but japanese

we will be back with more of bloomberg west.ts of apple cutting iphone sales, next. ♪ when you're on hold, your business is on hold. that's why comcast business doesn't leave you there. when you call, a small business expert will answer you in about 30 seconds. no annoying hold music. just a real person, real fast. whenever you need them. so your business can get back to business. sounds like my ride's ready. don't get stuck on hold. reach an expert fast. comcast business. built for business. yvonne: south korea has strongly condemned the nuclear weapons test the north says a carried out this morning. hydrogenscribed as a bomb which would be far more powerful than an atomic device. they claimed was for self-defense, but went perfectly and would not be the last. defense stocks soared, but the wider economy declined. the developer shares were halted last month over a battle for control with its largest shareholder. they said they will announced a recent -- a restructuring. china shares jumped 20% after an opportunity can private.

emily: i am emily chang and you are watching "bloomberg west." to let's get started with your him first word news. major indexes saw their worst weekly declines in more than four years. the s&p 500 ended the week 6% himthe s&p 500 ended the week 6% lower, one of the worst starts of the year in history. oil has reached its lowest level in more than five years. mexico says a fugitive drug lord has been recaptured. mexico's president tweeted, "mission accomplished, we have him." this after el chapo escaped from him one of mexico's most secure prisons using a mile-long tunnel that opened in his cell shower. president obama vetoed legislation to repeal the signature health care law, as expected. this was the first repeal to him clear both houses of him him him congress and make it to the president's desk. in to the president's desk. an it would have also cut funding for planned parenthood. the odds are growing that someone will win saturday night's $800 million powerball jackpot. but if no one matches all the numbers, the next drawing is expected to s

. ♪ emily: i am emily chang and you are watching bloomberg west. here is the first news. has used his presidential powers to unveil new restrictions on gun sales. the action which is designed to bypass congress will focus on that project. during an emotional address, he consisteded up, it is not a block to take everyone's guns away. bernie sanders is ramping up his attack on wall street. elected, theif candidate sat down on bloomberg television with all due respect. mr. sanders: wall street has not changed its business model. instead of investing in making affordable loans available to small to medium-sized businesses, they continue to come up with complicated financial instruments which, i think, as the potential to have serious harm in the future. emily: federal authorities are aeping their distance as national wildlife refuge in oregon.

top tech analyst gene munster will be on bloomberg west to talk about bloomberg and apple, that is later. ♪ isty: welcome back, this bloomberg markets and it is time for a business flash, some of the against business news stories. a jury has acquitted five of the six brokers charged in the wymore case. -- trillions of dollars in derivatives and loans. the jury is still the liberating charges against the six rocher. clears the way for the next star broadcasting to buy media general for $4.6 -- $4.6 billion. marianne will get a look at the next businesses that media general owns. boeing forecast profits for this year missed estimates. the plane maker is expected to deliver fewer jetliners this year than last year. postedve already production for 747. the stock is taking a wallop on that. for a look at how u.s. markets are trading now, we are coming back from the lows of the session. abigail doolittle has more from the nasdaq with two travel stocks. abigail: yes, the selloff is widespread with online travel companies, priceline and trip advisor trending down. they have gone from a buy. it i

. ♪ emily: you are watching "bloomberg west."he 10 american sailors they detained after two boats drifted into waters. a decade of sanctions on iran may end on monday. the iaea is opposed to it initial -- with a final report. the house approved the republican backed legislation giving congress greater oversight of the landmark iran nuclear deal. the vote was 191-106. president obama will likely veto the measure. michigan national guard leaders have arrived in flint for briefings on the drinking water crisis. the water became contaminated with too much lead. two french schoolchildren and the ukrainian skier died today after an avalanche in the french alps. three others are injured. for the first

. ♪ ♪ emily: i am emily chang, and you are watching "bloomberg west."mic state was responsible for a suicide bombing in a tourist district. 10 were killed, eight of them german. the state has seen an insurgency by kurdish militants. in the u.s., president obama delivers his final state of the union tonight. is expected -- he is excited to lay out a broad vision for america's future. you can watch the speech right here on bloomberg. the house has secured enough votes to go ahead with sanctions on companies that do business with north korea to punish the country for its latest nuclear test. california said notable to volkswagen's plan to recall engines from 2009 to 2015. an nfl committee

eastern on bloomberg west. ahead on bloomberg markets, carl icahn will get to pick at least three board members at xerox as it splits into two companies. influence he will have going forward. plus, we are watching the markets and the huge rally going into the close. stocks right around session highs. ♪ betty: good afternoon and welcome back to bloomberg markets, i am betty lou. a quick check of the markets as we are now less than 20 minutes away from the closing bell on this friday. we are just marching ahead higher in this rally. the dow is now up 336 points. the s&p is also up over 2%. in triple digit gain again for the doubt. tech shares, industrial, those are leading this rally higher. that means the nasdaq is up as well. it has been a rough day for amazon. the shares are plunging big-time after fourth-quarter profits failed to beat wall street estimates, even if they doubled to a record $482 million of earnings. the decrease in for the mess was cost.e in fulfillment we spoke to one of our analysts. fulfillm

tune into bloomberg west tonight at six clock eastern and 3:00 pacific -- 6:00 eastern and 3:00 pacificis 3:00 p.m. in new york market."o "bloomberg ♪ betty: good afternoon. i am betty liu. here is what we have been watching. an up-and-down day for stocks as they struggle to close in the green for the first time this year. stocks cannot build momentum after yesterday's huge sellout to trading days, of course. his fun is the top emerging-market performer in the past clutter years. it includes a heavy dose of investment in china. -- a little light in their sales numbers. about in hour away from the close of trade today. i want to bringi

bloomberg west anchor emily chang joins us from san francisco to talk a bit about genius, which usedn as rep genius. a tool for promoting a speech, somewhere, something like that. what has the white house forged this partnership? emily: president obama has done a good job of leveraging digital platforms. doing things on instagram, ama's on reddit, funny or die. getting a bit nostalgic. this is the last state of the union address. when you take a look of the genus page, you will be able to see those annotations, additional content, commentary from president obama's former speechwriter or even vice president joe biden you can also contribute to this. it will be heavily curated, but this is the first time that the white house has partnered with a company like genius. the address will also be streamed for the first time on amazon instant video. you will be able to see it in a number of different ways. david: the white house has partnered with medium in the past. they try to forge relationships with these internet startups. is the white house trying all platforms to see what sticks? emily

. ♪ emily: i'm emily chang and you are watching "bloomberg west."americans traded in a prisoner swap with iran is speaking publicly. he tells reporters news of his impending release took him completely by surprise. he said it was so intense, he poppedlow prisoners only champagne after they were sure they had left iranian and space. the white house is appointing a health and human services apartment official to lead federal efforts to help the city of flint, michigan, deal with its devastating water crisis. the flint mayor arrived in washington today. the supreme court has agreed to review president obama's immigration plan. a federal appeals court that he overstepped his authority by deferring deportation for millions of undocumented immigrants. the high court also refused to take up a new constitutional challenge to obama care. in politics, ben carson has suspended his presidential campaign for the day. it comes after three volunteers and a staff member were involve in a van crash in iowa. the campaign said the car hit

emily: you are watching bloomberg west, let's get a start with your first word in news. minister says there appears to be no political motivation behind the recent objection of three americans in baghdad. theking in devil's, he says men were likely taken by criminal gangs. so far no ransom demands have been made. financial times is reporting russian president vladimir putin asked bashar al-assad to step down. head reportedly sent the of military intelligence to deliver the message. the sod is said to have angrily refused. gusman may endo up in a u.s. facility soon. was recaptured six months security -- aed a top security prison. the approaching winter storm takes aim at the northern corridor. allli

emily: i'm emily chang and you are watching "bloomberg west."inistration has said hillary clinton's server contained closely guarded secrets. the state department is releasing 1000 pages of e-mails from clinton's time a secretary bestate for 22 e-mails will withheld because they contain top-secret material. says 12.5 million people tuned in for last night's theld trump-free debate, second lowest rated debate of the presidential primary season. set out yesterday's debate and staged his own event in iowa. california officials say one of three fugitive inmates from an orange county jail is in custody . two other men who escaped from prison are still at large. a woman who taught english to one of the inmates has been booked as an accessory. police say she gave prisoners maps of the jail complex. ishigan governor snyder giving another $28 million in emergency aid for flint's lead-tainted water crisis.

emily: i am emily chang and this is bloomberg west. coming up, a bloody week on wall street finally comes to a close. the nasdaq fell 7% over the last five days. but a hail mary from melissa meyer? anoo! now considering outright sale of its core is in his proxy investor threatens a investorafter an threatens a proxy fight. first, to the lead. another day in the red for u.s. stocks leads the major indices with their worst weekly declines in more than four years. the dallas raised more than 1000 points. julie hyman has -- dow erased more than 1000 points. julie hyman has this report. julie: worries about global persisted, particularly after a volatile overnight session in china. all three major averages sharply lower on the week. the dow and s&p having the worst starts to a year ever. the nasdaq did not, but it is lower for the seventh straight session, the worst streak since 2011. the individual stocks that contributed the most to the s&p 500's losses were all technology. app all continuing to decline on persistent worries about iphone

th"bloomberg west" anchor emily chang's in san francisco with the company's ceo. mberg exclusive. emily: thank you so much. for to haven, than you. wars:e sales of the "star battlefront" game but shares are down. does that mean sales have peaked? andrew: listen, we had a spectacular quarter. engagement is off. we saw more than a full-year guidance on "star wars" in the third quarter. rpg as the highest subscriber rate in three years. "star wars: galaxy of heroes" launched in the quarter and we are top five downloads in 130 countries. you will that it with sports in withll -- roll that sports doing well p i don't think "star wars" has peaked at all. i think it is just getting started. scarlet: do you see it continue to rise now that the movie has come out? andrew: our relationship with disney is a long one. galaxy ofont," " heroes," more titles in development over the coming years. ons is one of the best ips the planet and we will continue to have amazing content for star wars fans and gamers alike for a long time. paid, would you offer downloadable "star wars" cont

. ♪ emily: i am emily chang and you are watching "bloomberg west."your first word news. major indexes saw their worst weekly declines in more than four years. the s&p 500 ended the week 6% lower, one of the worst starts of the year in history. oil has reached its lowest level in more than five years. mexico says a fugitive drug lord has been recaptured. mexico's president tweeted, "mission accomplished, we have him." el chapo escaped from one of mexico's most secure prisons using a mile-long tunnel that opened in his cell shower. president obama vetoed legislation to repeal the signature health care law, as expected. this was the first repeal to clear both houses of congress and make it to the president's desk. it w

we use them on shoots for bloomberg west all the time, but is it a multibillion dollar company?he question. david: i want to ask you about twitter. we saw it at an all-time low. a few months on the job and the ceo is still unable to figure things out. jack dorsey has been ceo for not even six months now. we should give him some time. the very excited about twitter moments feature and they have a live streaming app they bought a while back. you can see live periscope feeds and i know that is something dorsey is excited about. is going tok it improve twitter engagement? take a listen. thet: this improves experience of being a person on twitter. if you enjoy being on twitter more, you will use twitter more. you will engage with more content edits it's a good thing for the ecosystem. we talk about what it has been like since jack returned to the company. guest: this improves the experience of being a person on twitter. if you enjoy it, you will get access to and engage with content more frequently. that's a good thing for the product and a good thing for the ecosystem. emily: he say

emily: you're watching bloomberg west. deadast 29 people are after suicide attacks in cameroon.crossed over from nigeria. the supreme court says people serving life terms for murder if they commit as teenagers must have a chance at freedom. even those convicted long ago must be convicted considered for parole or given a new sentence. the decision could affect more than 1000 inmates. the world health organization says the mosquito borne zika virus is supposed to spread all across the americans. the virus is suspected of causing birth defects. canada and should lay are the only countries in the region without the miskito the carries the virus.

on bloombergng up television in two hours, john chen will be joining bloomberg west at 6:45 new york not miss that conversation. it is time for the bloomberg business flash. macy's saying it's closing three dozen stores early this year after suffering a worse holiday season than predicted. it says about 3000 employees will be affected, with half relocated. the largest u.s. department store company producing stocking level and store count to match the sale volume. macy's is lowering its fourth-quarter earnings outlook. weakness in the developing world. the agency expects the world economy to expand 2.9% in 2015, down from its june forecast of 3.2%. the u.s. economy is forecasted to grow 2.7%. slightozone with a slowdown in china. a major expansion for netflix underway with the company selling its streaming service to 130 new companies, including india, eden egypt, and saudi arabia.-- indonesia, and saudi arabia. they mentioned it was the birth of a global tv network. but one missing footprint -- china. they just learned that morgan ing has's greg flem decided to leave the bank. the ce