bob iger did.ob iger is a sensitive soul, he's a man of deep conviction and principle, at least when he's here in america. just last year he announced that it would be difficult for his company to film in the state of georgia. why? because the state of georgia was moving forward witheo a law that would ban abortions after doctors detect a fetal heartbeat. if he was offended by that, he would like more americans to abort their children and he's willing to pay a price for that high ideal. but in china, there is a separate slate of standards. china can throw a ethnic minorities into concentration camps. in china can crush protesters with tanks on television.st none of that bothers bob iger. in fact, china has it right, he says, apparently including thesa forced abortion. bob iger loves china and he's not shy about saying so. >> s they welcomed us there and let us build shanghai disneyland. we have a good relationship with theat government of china and local governments in china and our access has actu

in just a few moments, we will get jonathan ward's take on former disney ceo bob iger being considered as the next ambassador to china. we are talking china with the founder of the atlas organization. and another big development in the fight against covid-19, moderna having the second vaccine approved, millions of doses of pfizer's drug already being distributed, the ceo of the cleveland clinic about this historic and incredible rollout. but first, let's take a look back at some of the big moments this week with top newsmakers on "mornings with maria" in this week's edition of "the week's talkers." ♪ maria: doctor, congratulations to you. you must be feeling some great satisfaction this morning. >> it's a great day, frankly, for science, it's a great day for humanity, it's a great day for the ecosystem of biotech and pharmaceutical industry, and it's a great day for america. maria: tell us about the distribution timeline at university hospital. >> we did a survey that shows 50% of people were willing to get it as soon as it came, but now we have tremendous interest. we have vaccines bo

bob iger, reason to be concerned.ience trying to make the chinese regime happy. he came up small when the question of liberty for the people of hong kong was raised. that's a concern. it's obscene he thanked local officials in credits for mulan where they're interning uyghurs. i would say the movie mulan thats was very controversial, i watched it and i didn't think it was a commie flick. it's about family, faith, duty, honor, country. maybe from a perspective of experience, maybe iger knows how to deal with this regime better than other people but the track record has got to give people a lot of concern. maria: yeah. this is going to be the push and pull in a biden administration. do you stay hawkish? do you stay with the tough stance that the trump administration has put out against china? or do you loosen up and roll over so american companies can get access? we know that wall street has rolled over of. they want to sell checking accounts and credit cards to 1.4 billion people. the movie industry has as well. so cer

reports on disney's bob iger heading to the biden administration. david, good day to you. reports say he might go to beijing. same say it might be london. what do you think? >> let's assume it's beijing. with all the shady deals that the biden family that was involved with and now is finally coming out, is this really the right time when all of this stuff about biden and china is coming out to pick a guy that many see as being complicit or aappeasing chinese censors? his appeasement of china and what they do to disney films in terms of censoring them goes back to 1998. there was a film about the dalai lama. he represented tibet. after the chinese got upset at that film, bob iger said i want to apologize and in the future we should prevent this thing that insults our friends. this goes up to mulan, the movie, the live action mulan that was made by disney and some part made in cooperation with the same folks that were oppressing the leaders that minority, the muslim minority, as many as a million people have been brutally oppressed by the chinese government. they used an age

nothing is off the table in bob iger's future.y former ceo is weighing the next chapter when he finally leaves the company in december of next year. iger told david rubenstein that he is considering public service, including the potential role in the biden administration. are not as successful in leaving the company because you had wanted to leave a few years earlier, and the board said you had to stay longer because you did the fox acquisition, among other things. why were you so good at running the company but not so good at leaving the company? bob: i'm told that is a common ailment of ceo's that have had decent tenure. i failed leaving a few times. had arst time, we had succession process that didn't work out as we had hoped. i agreed to stay on a little bit longer. and then the last time was solely due to the largest acquisition we had ever made, and that was mostly assets of 21st century fox. i knew when i proposed doing that to the board, which was close to when i was supposed to step down, that they would say, well, we wil

how goofy it was that bob iger would sell us out there. i couldn't find anything. searched china's president, nothing. tiananmen, nothing. just to drive home the point, of course, there are pictures of trump looking like a buffoon, there's pictures of kim jong un all over this, easy to find. but all of the china-related topics, nothing, what does that tell you? >> tucker: apple can't afford to mock the president of china, because they're dependent on china and so is the united states. that raises a question, if you love someone, your children, you encourage them to be independent, self-sufficient, our leaders don't encourage that. they've allowed us to become dependent on a foreign nation that hates us. what does it tell you about our leaders? >> it tells us they lost sight of the people they're supposed to care for and lead. they're no it leading us. they're blindly asking us to follow and not caring about our destruction. one of two things, one is the destruction of the middle class, the economic impact. but there's the cultural one. the hollywood film studios yo

filling out a biden cabinet, disney executive chairman and former ceo bob iger reportedly under consideration had close business ties with china, the company even opening theme parks in hong kong and a resort in shanghai. joining me right now is media capital technologies president, chris fenton is here. it's great to have you this morning. thanks very much for joining us. we want to talk about all things movies and films with you. let me ask your thoughts on bob iger and whether or not you think he would be tough on china as an ambassador. >> well, look, there's nobody more qualified than probably bob iger to handle that job. the big question is whether he can remove conflicts that he has and whether he has seen the light in regards to the threat that china poses to americans. quite frankly, one of the big things that he has to remember is that in that position, he is not representing the interest of shareholders. he's representing the interest of americans, the policies that we're pushing, the values, the principles we hold dearly. if i'm senators cruz or blackburn or schumer, i'm asking to

rishaad: that was bob iger speaking with david rubenstein. let's take it to the bloomberg school.ng it could veto a trade deal if it does not like the terms and is piling pressure on the eu negotiating team ahead of a fast approaching deadline and any deal that must be -- any deal must be approved by all 27 members. jody joins us. >> hello? rishaad: what is france actually saying here? what are they threatening? >> basically, the french envoy is warning the chief brexit negotiator that it would look bad if he brokered a deal only to see it vetoed by eu leaders. this is according to the diplomatic note of the meeting. the question is how serious is this? is france going out on its own? france is leading a group of countries worried that michel barnier will surrender too much access to british mission waters and other conditions designed to the u.k..revent others are saying that this was not the opinion of most eu countries. michel barnier must have been looking to calm some nerves in paris. down, there ticks is a december 31st deadline. they really need to get this done. juliette:

mention it, but there was a peace of news just today that biden is considering former disney ceo bob igerto be the u.s. ambassador to china. that is really interesting because it disney has long had huge business dealings in china. the last couple of years. been really connected to china just not in terms of selling their product to modifying their to appease the chinese government. >> making it right for ip fest parade what i am wanting, bob is made billions from disney's relationship with china. so if he is in fact our ambassador to china, how hard you think he will come down on the communist chinese about those camps? >> just look at what happened with mulan parade they faked chinese communist party minors who were at least potentially involved in those camps. that is how disney has done business is by playing nice with the chinese communist party. because it's a business with them. it's one thing for busy to do that. trade with china's all may hold that good for america. i think we need to keep it up. at the same time, it disney has looked the other way when it comes to human rights a

david: over the past 15 years, one of the most successful ceo's in the world has been bob iger. he led disney to its greatest heights, increasing the market value by 400%. he did that through acquisitions of 21st century fox, lucasfilm, pixar, and marvel entertainment. what is he going to do next? during the time that you were the ceo, the stock market value of the company went up about 450% and the market capitalization -- my big regret is that i didn't back you and buy stock, but you must be very pleased with what you accomplished. bob: proud would probably be the right word to use. i inherited a company that was renowned and had been quite successful, but had also gone through a period of difficulty. there was a lot of work to do. my goal was to not only improve the company, but to ultimately leave the company in great hands for my successor. david: you weren't as successful in leaving the company. you wanted to leave a few years earlier and the board said you had to stay longer. why were you so good at running a company but not so good at leaving the company? bob: i am told

bob iger has a good analogy.says it's as if somebody gave us a cub tiger 20 years ago and played with the children and we always thought how cute it was. we left it in the country house for 20 years and fort about it. we came back and now we see this tiger that's consumed the staff there and threatening to eat us. gerry: biden says and biden's people say the way to deal with china, we need allies to do that, key allies in europe and in asia too. but there's a problem for many of those countries, aren't there? they face tremendous economic challenges particularly in the wake of covid. germany exports a huge amount of its goods to china, japan closely tied in to the chinese economy, so are other countries too. how are you going to persuade those allies to do what might not be in their economic interest? >> absolutely right at the heart of the bull's eye question. this is a conversation i have had several times with mike pompeo who knew since he was a law student at harvard. leaders of other countries who depended o

in just a few moments, we will get jonathan ward's take on former disney ceo bob iger being consideredassador to china. we are talking china with the founder of the atlas organization. and another big development in the fight against covid-19, moderna having the second vaccine approved, millions of doses of pfizer's drug already being distributed, the ceo of

laughter] over the past 15 years, one of the most successful corporate ceos in the world has been bob igerhe led disney to its greatest heights, increasing market value by 400%. he did that through acquisitions up 40% with fox and marvel entertainment. now the question, what is he going to do next? ceo,g the time you are the the stock market value of the andany went up about 450% the market capitalization, about 400% during that 15 years, my big regret is i did not back you and buy stock. you must be pleased with what you accomplished in the 15 years . bob: proud would be the right word to use. i inherited a company that was renowned and had been quite successful but also had gone of difficulty.d on a variety of levels. there was a lot of work to do. improvewas to not only the lot of the company but also -- but ultimately to leave the company in great hands for my successor. david: you were not successful in leaving the company because you wanted to leave a few years earlier and the board said you need to stay longer because you did the fox acquisition. wire you so good at running the comp

congratulations to bob iger. no one cares >> you're right. you're right >> i think it was wells earlier in the week who said that eps is going to be honey badger because even with the dilution to eps, they think disney earned the right to ask investors to be patient. we'll see how it opens we're back in a minute what if you could have the perspective to see more? at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪ we see companies protecting the bottom line by putting people first. we see a bright future, still hungry for the ingenuity of those ready for the next challenge. today, we are translating decades of experience into strategies for the road ahead. we are morgan stanley. dash of the week got about seven minutes before we get started with trading on this friday. lululemon. >> lululemon, my friend erin burnett always calls it that, revenues beat -- more than double manage's guide. this will be the tale of the tape this is the best quarter last night. even better than costco. the stock is down. le

haidi: that was bob iger speaking with carlisle group chairman dave rubenstein.w of what to watch this morning, including that delayed open in south korea. korean when south markets, online, watching the korean won which closed above 1100 on wednesday. watchingeoul, we are carriers, this after korean air said it is set to carry out due diligence on xian airlines to see what fat can be trimmed. watching in we are seoul. we are keeping an eye on chinese u.s.shares, as the house approved restrictions on investments in chinese firms. we are waiting for president trump designed that legislation. leslie, switching up the board, we are keeping an eye on hsbc shares in hong kong. after a midweek rally, the stock rallied from a 25-year low it hit in september. that shift towards banks amid this reopening rotation, but most analysts remain pessimistic about this stock. shery: that's it from "daybreak asia." our markets coverage continues as we look ahead to the start of trade in hong kong. this is bloomberg. ♪ >> it is 9:00 in beijing and shanghai, welcome to "bloomberg ma

bob iger, we are not going to get rid of it now one is being counted out and the others is being counted uin costco and broadcom. the most consistent retailer in the world. shut up and own it as for broadcom, the semiconductor stock had a organic rally today. broadcom civil avgo will have a remarkable quarter we own both costco and broadcom for travel trust you can follow by joining the travel.com club. now broadcom delivers will be excellent pin action throughout the groups like today. you bet they're good and any of these are going to be good let me tell you where else it is going to drift back to, apple. friday should be quiet except for consumer conferenidence i am concerned that consumers starting to worry vaccines arriving on time, saving of 30% or 50% of the country getting the virus. yikes. i think consumers are holding up incredibly well. who knows how long they can continue here is the bottom line. if democrats in congress can make a stimulus deal without progress from washington, next week could be a lot difficult because we are entering the most horrific phase of the pandemic

or at least the guy who headed up the mickey mouse disney empire, bob iger. as disney ceo, he criticized the trump administration for leaving the paris climate accord and threatened to move business out of georgia after they suggested strong pro life legislation. >> i think if it becomes law, it will be very difficult. we will -- i think many people who work for us will not want to work there. we'll have to heed their wishes in that regard. >> laura: we have to respect their wishes in that regard. what about the wishes of hong kong's anti-ccp pro freedom protesters? did iger respect them? >> we've learned how complicated this is, the situation is. i think the biggest learning from that is that caution is imperative. meaning too take a position that could harm our company in some form would be a big mistake for me to make and for us to make. >> laura: that ceo speak for we don't want to offend our communist piggy bank. georgia bad, communist good. appeasements mean profits. disney's avenger end game pulling $614 million there alone. iger around disney know wha

comments he would be willing to serve in a biden administration but people have been wondering about bob iger >> i have been hearing reports that he is considered for various roles. one said they would love to see him be ambassador to china as far as i can tell, that won't be coming today. as far as i can tell they want this to be about disney and focus of the company is something iger has put forth, but he will be revealing the content slate. christine mccarthy will be laying out new financial forecasts for the company. and later on a break and then showcasing some of the content for disney plus. there could be a surprise, but from what i hear he will be focused on content >> the stock is up the stock is up about 35% plus and what do you think, guy, now that they are getting some of this huge valuation that netflix has. >> in this case, it is right saying that disney is morpfing into a streaming company if you include others, it is north of 500 numbers valuation is a concern at 32 times next year's numbers, it's expensive to what it was in its history, but it is not disney of my father's or

disney chairman bob iger says he would consider a role in the biden adminstration.spoke in an interview on bloomberg tv with david rubenstein. he said that serving the country in some fashion is something he would think about seriously. iger stepped down as disney's ceo in february. he is due to leave the company entirely by next december. walmart is investing more more in scripture options -- in subscriptions to its holiday programs. another shot fired at amazon's prime service. online sales have boomed during the pandemic. thanks around the world have announced the most job cuts in five years. there are a common nation of factors. the pandemic is adding two more pressure to business models upended by the digital revolution. and others are the latest to announce cuts. between them, up to 4600 jobs will be lost. that brings the total to 85,000 globally. that is your latest business flash. guy: thank you very much, indeed. this is mainly about retail and the back office. it is fascinating that it has been largely the investment banks that have kept the profitability

the words of bob iger, walt disney co. executive chairman.an watch the full interview on the david rubenstein show tonight at 9:00 eastern time. from london and new york, good morning. alongside tom keene and lisa abramowicz, i'm jonathan ferro. coming up later, we will catch up with dan suzuki. equity marketsr, at all-time highs into wednesday. tom: dan suzuki, always interesting. looking forward to that, particularly with the bullishness we saw from goldman sachs. i talked about this a moment ago. this is important for global wall street and all of us where the data is a blur. michael mckee's expert at this. he is bloomberg economics and policy correspondent and he joins us this morning. e. is a high-frequency mckew we treasure weekly data, don't we? michael: we do and we have. the problem is it is so hard to measure. we do not know what data is telling us what. the high-frequency data telling us things have slowed down in october and november as the pandemic has re-accelerated. you look at numbers that came out yesterday, not a lot of chan

bob iger and the chinese are very close. neil: yeah. that's interesting.hat story about digging up that old photo from back in 1980. that does sort of telegraph where we're going with this. charlie gasparino, thank you my friend, very, very much. charlie gasparino, the best in the business and we've got him. we're getting more news on this hunter biden investigation. i don't get where you are on this. democrats ignore it. republicans are all over it. there is a lot of there there should be reported. some interesting emails are just the latest. there might be a lot there. after this. ♪. trelegy for copd. ♪ birds flyin' high, you know how i feel. ♪ ♪ breeze drifting on by you know how i feel. ♪ ♪ it's a new dawn... if you've been taking copd sitting down, it's time to make a stand. start a new day with trelegy. no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a re