her story and that of the unc athletes is on the cover of this week's bloomberg businessweek. >> it issy job to be a truth teller. and as a matter of fact, my last five weeks, i think my hair has accelerated into gray. my name is mary willingham. i worked at the university of north carolina chapel hill. when i started working at the university, i worked in the academic support program for student athletes. i saw pretty quickly that athletes were not getting the same access to a real education like all of the other students. their writing levels were so low -- and i'm talking second or third grade maybe -- we needed to work out letters and sounds. but they told me they had never written a paragraph before. for many, many years, close to two decades, we had a paper class system where athletes would never have to go to class. they would at some point in the semester begins in a prompt to read a paper. and nine times out of 10 they did not really right that paper. it was a recycled paper. and the papers were almost always graded a's or b's. but everyday learning still took place. that is h

story can read the full in this week's bloomberg businessweek, which hits newsstands tomorrow.ble for download tonight. someone who is earning top marks , lego. we will hear from the man behind the big tour makers big him back. and we will look at the fascinating history of this 82-year-old ♪ -- this 82-year-old brand. ♪ >> legoland sales jumped 10% to $4.6 billion and its first future film -- feature film is dominating the box office was up there, long way from a decade ago, teetering on bankruptcy. here is a look at the company we have come to know. >> let me show you the lego history. today, the lego group is known for the lego brick, but it started out in 1932 with the production of wooden toys. the founder started playing with words, danger -- danish which means play well. together intom lego. in 1960, we had a wood making factory. -- we had a fire in the factory. we made the decision to stop making toys from wood. we focus solely on the lego brick. i have six bricks with the tubes in the same color. i can combine these in 915 million 103,000 765 different ways. 915,103,76

the book about amazon and a senior writer for bloomberg businessweek. so great to have you here on the show today. joining us for the full hour. what you know about this -- what do you know about this? >> they want to be the everything store. those lottery retailers have been very hesitant to put their items on amazon. ralph lauren does not want to have its $300 sweater next with $30 sweater. >> i would love this. but i wonder, does this impact their branded all the? >> amazon is trying to find middle ground. they have ads on the site. the pitch seems to be come let's use look three retailers to advertise on amazon. thoseend the customers to other retailers and allow them to sell their goods and service them with amazon prime. executedee how that is and it fits with enough for those lottery retailers to go and do the deal. >> it would be awesome if i could just throw in a pair of jeans with my amazon prime card. is my primary mission going to get more defensive? cfo on the latest earnings call brought up the possibility that there would be a raise in pr

go to bloomberg businessweek design.com for tickets.>> this latest innovation from bae systems could be the future of modern warfare. design for troops on the ground, the warrior is attached to a soldier's helmet and the technology is more advanced than that used by fighter pilots. real-time data is transmitted onto a glass eyed peas allowing its user to see the battlefield and digital targets. the designers say this could give the soldier wearing a crucial information and hostile situations. that includes being able to differentiate between enemies and friendly forces, route mapping, and video from reconnaissance drones. designed and built in southern england, it is being tested by the american military. but here isiron man the mystery meat. this is an inspired look for winter. ♪ >> bloomberg television is "on the markets." we are about halfway through the trading session. we have had a mixed picture today. the major indices are very little change. the s&p 500 became within a hairs breath of closing at a record yesterday. we have seen

new construction is the president of hudson yards, one of the speakers at this year's bloomberg businessweekn conference. we spoke to him about his plans. hudson yards is a lively neighborhood that provides for people to live, work and play. michael -- we have a lot of skilled technicians. we have got artists and engineers and my job is to make that we are producing music and not cacophony. partn is a very important hudson yards.sion because we are building over the railroad tracks, we are building our own land, our own streets, our own gardens. there is a requirement that half of the ground plan had to be open to the sky. that is unusual. zoning, twicethe as big as you might think is normal development. we did not fully appreciate how big the buildings are. one challenge is the sheer magnitude of construction. billions of dollars of construction underway. it requires a lot of money. really seeing banks giving $500 million loans and that's what we need. the third challenge is making sure that we create a great place of play. i have always wanted to do a big commercial development in new york

for more information on the bloomberg businessweek design conference, go to bloombergbusinessweekdesign.comgle acquired one city's fiber optics network for just one dollar. why such a bargain? more on that next. ♪ >> you are watching "bloomberg west ." i'm emily chang. ibm began letting go today. the firings are part of a restructuring plan to help the company meet profit goals and adapt to a -- adapt to a shifting industry. workers in vermont, new york and minnesota were among those let go. chian's -- china's baidu reports a jump in sales. revenue came in at $1.5 billion in the fourth quarter, a 50% increase from a year earlier. the spending is curbing earnings growth for my strategy to reach more advertisers. google can add the polar bear capital of the world to its mapping. the company teamed up with polar bear international to chart the frozen tundra of churchill, manitoba. google attached its street view tracker backpack with 260 degree -- 360 cameras, the goal to bring attention to the climate change. all day today we're taking an in-depth look at google fiber. cory johnson is back wi

you can read it on the go with the new businessweek app.e right back. ♪ >> get the latest headlines at the top of the hour on bloomberg radio and streaming on your tablet and bloomberg.com. that does it for this edition of "bottom line." i am mark crumpton in new york. thank you for joining us. on the markets with olivia sterns is next. i will see you tomorrow. >> it is 56 minutes past the hour, which means bloomberg television is on the markets. all major indices are up more than 1% and the dow is on track to post its biggest gain of 2014 after jobless claims declined more than forecast, declining for the first time in three weeks. i want to show you some tech movers. itster shares tumbling in first earnings report since going public since last november, posting a wider than estimated loss. they also reported slowing user growth and declining usage. ceo the costello says he has more changes in store. we are also watching shares in a widerat reported loss. widerich reported a losses, our surgeon to an all-time high. of losses are the subjec

bloomberg businessweek is hosting the second annual design conference in san francisco on march 10.kets and information, go to bloombergbusiness weekdesign.com. has createdimmy chu something he wants to replace the smartphone. >> in japan, there is a serious issue. , we make sure they stay indoors and do not [indiscernible] at the same time. it is a character i created in 2007. up until recently, she was just an illustration. i wanted something more physical. i was born and raised in the u.k. i discovered japanese culture in the u.k. i decided i wanted to live and work in japan. i would share my daily japanese life online. that attracted an audience worldwide. i used to make shoes in my dad's studio. he is quite surprised i created this anime world. he loves it. he has won at home. we ended up working on doll shoes. there are different versions of the doll. there is an automated version which is robotic and powered by electricity. whichis a manual version is powered by your imagination. she functions with motors. at the moment, she is powered by an android device. up to twitter,r fa

with us for the hour, our special guest, a bloomberg businessweek senior writer. the cover story this the about the invasion of taxi snatchers. you profiled uber and other competitors like sidecar. all thecomes to uber, talk has been about surge pricing and the ceo has not seemed to budge when it comes to his philosophy that this is the best way to get drivers on the road to meet demand. did you get the sense he is ever going to waiver? >> absolutely not. they are pretty religious about it. is it working? he said prices go up over the weekends, snowstorms, and holidays, because it gets more drivers on the road. a bunch of colleagues went out and started taking uber cars and surgears, because they do pricing as well. by and large, we found drivers do get off the sofa and out into the world when the prices go up. >> i have interviewed many uber drivers and find they prefer uber. with lift, the pink mustache thing is inconvenient, especially when it is raining, to get it in and out. some people do not realize these drivers use multiple services at the same time. they

bloomberg businessweek's ashlee vance found them nestled between farms on the outskirts of silicon valleytheran across this place edge of where you might consider silicon valley. one of the world's largest airplane repair centers. never in my wildest dreams would i think there was a place that has tens of thousands of airplane seats stacked to the roof. it is one of those really neat businesses that you kind of stumble across. >> we are a relatively small company. we have got 12 people on payroll. most of these guys have been here 15 years or more. they know the seats pretty good. >> what are the basics of this business? >> it is tremendously less-expensive to refurbish an existing c. new seats today are five or six times more expensive. we modify old seats up to newer standards. >> do you compete with mostly american companies? >> there are probably five or six major seat refurbish people in the u.s. we do business on a worldwide scale. these seats are going to ireland. >> airlines will reconfigure seats based on -- tell me about how that works. >> there is a tendency now for people to g

the minimum wage is featured on the cover of bloomberg businessweek.is created six different covers to illustrate this issue. coy joins me now with etc. editor. i want to start with you peter. the minimum wage $10.10. good or bad? >> good. we explored two aspects of this. they point to different directions. economic rounds, you don't want it to be too hot because you price people out of the labor market. they become unaffordable to their employers. hand, if you only focus on that then you'd be people getting paid with very little amount of money. social justice says if you're going to work a full-time job, you should have a decent standard of living. that criteria my produce $20 an hour which is absolutely crazy. you have his gap year. here. how do you fill that gap? .10 seems to be within the realm of possibility. you don't lose a lot in terms of hiring and you still give people some boost, although not they really need for a comfortable living. >> if you don't have a comfortable living, maybe you have to dream about it or have nightmares about not ha

for more, go to bloomberg businessweek design on the web. west."erg ♪ . >> welcome to "lunch money," where we tie together the best stories. here is what we got. and 0's,more than 1's the largest mobile phone michelle. -- the largest phone the show. blackberry. where he is placing his bets. design, the practical and magical. we way here from top innovators. in sports, the winter olympics may be over

for more, go to bloomberg businessweek design on the web. "bloomberg west." ♪ . >> the opinions do not reflect the opinions of bloomberg or its employees. >> the following is a paid presentation for the nutribullet. >> special tv only offer. stay tuned to tell you can find an amazing life-changing bonus. that is right. details just ahead. >> my muscle aches started to decrease immediately. >> the first night i used it, i

the minimum wage is the cover of the latest edition of "businessweek."truth be told, we created six different covers for this issue. that is how conflict this issue is. we spoke with economics editor peter mccrory. >> this is not an easy issue. it has only difference moving parts because of the strained economics, about which there is more russian than there used to be, and then there is kind of the whole moral issue, like what is thet, and then there engineering issue, given the fact that you have different answers from the economic than the social justice, what ultimately should you do? >> peter, $10.10 is about half the median wage in this country. how does that compare a story to what we have seen yo? that relationship. >> that goes back to the way it was may 1960's and 1970's, but it had declined. the $7.25, which had been the minimum wage and since 2009, is well below half of the median wage, and it has lost buying power. bringing it up to $10.10, which is the president's proposal, not just for this executive order before the federal minimum wage i

businessweek is gathered up and he said that its workers pay to reduce tax buildings. and the beast of the sudden is non existent go along to the unit for purchase for the butchers in october of this year. welcome to six wong. a severe storm is causing health around the country this evening high winds have brought on electricity lines and damaged buildings on the roads and rail links of the blocked by fallen trees. worst affected is most certain stuff that's there was a storm tracks eastward high winds are forecast for other areas met dennis issued a red alert its most serious weather warning national quarter nation group will meet again this evening. true view of the rapidly changing situation. it's like six woman reporting on the effect of the store across the country first. this from our coverage or pascoe she spent the day in west cork acetone they are fishing community hardened by generations of harsh winters was bracing itself for the wars for mayor the morning. this he isn't just part of life here. tt's life ministries fortunes inextricably linked with the oven

"bloomberg businessweek."he big scandal behind college athletics. this is "bloomberg surveillance ." >> great cover. that is the kind of grade i got. >> we have all been there. >> this is bloomberg television, streaming live. we will be back. ♪ >> it is a less smoky independence square in kiev. crimea, where in the soviet black fleet is. keene. with me, adam johnson and scarlet who. -- fu. >> unemployment in germany falls for the third straight month. the drop leaves germany's unemployment rate unchanged at 6.8%. arizona's governor vetoes a bill after an outcry. the bill allowed business owners to refuse based -- service based on their religious beliefs. major corporations opposed it and some companies threatened to relocate out of arizona. it looks like about not become law. major changes in store for food labels. calorie counts will be required to be in large type. >> what? now i can see them? >> are they actually going to -- calories know how many were in munchkins, you would not eat them, not even you tom.

i told businessweek and stocks i like to see. and i mean appetite. i mean. chewy more than celebration this evening before we can for the top stories once again. some stalls of the lamont offences and on time. us visit a farm sitting at my teeth ups. but the buying season with a single fussy. the talented rights division with us and our next meet up with a weekend at night. its. he gets off to the end of the state. it will. she is all enjoyed the view that god is to get from it. to celebrate this event. the gp group feel it yet in the historic center of the problem. we discussed the bulk of the portico and economic situation of the car tpg group chairman joseph goal in his opening address underlined that it takes energy determination and belief in the future to go with less than one generation state of war to being a fully fledged member of the biggest club but the bumper six. we admire everything has been the context. and he added that the bp group has always supported cr which is european ambitions. our supporters constant and other wavering because we are

businessweek is hosting a design conference at san francisco center for the arts on march 10. and information, go to bloomberg.com. watches,think of fine you probably think all was switzerland. not too fast. a british company is catching on. it is called bremont. the brothers who are making it takes. >> data died in a plane crash. died in a plane crash and life is so short. accidenta flying killed their father, they decided to start a business they felt passionate about. watches. >> you can tell the time on a mobile phone or a battery-powered watch. to passion than a watch anyway. we are designers. we design watches. we need inspiration. but some of bremont's watches include parts of history. they are often spotted on the wrist of the rich and famous as some are destined for adventure. >> probably a large portion of our business is making for military around the world now. we ended up working on -- it was amazing. they make 75% of the world's jet. >> all of their watches pass through this factory. what does the future hold? quirks -- >> would've opened up in hong kong and the

we have it as the cover story in the new issue of bloomberg businessweek.w weeks ago, what should the minimum wage be? as i dug into it, i said this is not an easy question at all because i has so many different moving parts to it. there are the economics about which there is more question than there used to be than the moral issue like what is right, and then there is the engineering issue, given the fact that you get different answers from economics and social justice, what ultimately should you do? >> $10.10 is about half the median wage in this country. the median wage. how does that compare historically to what we have seen with that relationship? back to the way it was back in the 1960's and 70's, but it declined. $7.25 had been the minimum wage since 2009 is well below half of the median wage and has lost dying power. bringing it up to $10 $.10, the president's proposal not just for the executive order but minimum wage in general what been by a narrow margin the highest ever in terms of buying power. >> i look at the minimum wage in the research you

justin is from bloomberg businessweek and focuses on airlines. what are they doing?e of the things we have smallerm a paper, airlines tend to catch a break. the big guys charge more, people tend to expect more. >> that is the difference between people going on vacation with a smaller airline as opposed to the bigger guys, you are doing business? >> you do see the split between the leisure traveler and the corporate traveler. bumping,sue of infuriating if you have ever booked a seat on the plane and they say sorry we oversold. you say jetblue has never done it, that might be a mistake. >> they do not oversell their flights. they are the only ones who do not right now. on the table.oney financially, airlines do it because they have no shows. >> i want to frame this as a different business, let's take your work with bloomberg businessweek. is this a new business or is this business as usual? new tactic.d of a jetblue has tried something different. all theluggage, headaches with lousy airports, is it a new business or is it just they recovered and are going to make the s

we want to highlight the cover of the new "bloomberg businessweek."t is covering the new booming business of e-cigarettes. sale tomorrow. a sensitive new age marlboro man. this is "bloomberg surveillance." ♪ >> this is "bloomberg surveillance." i am scarlet fu with tom keene and cristina alesci. our top headlines, the bank of england being dragged into the investigation of currency market manipulation. itk officials told traders was not improper to share information with rivals. is according to a person who is he notes turnover to regulators. information is at the heart of the investigation in europe. blunt talk from the eu for my top -- from a top u.s. settlement. using profanity over its role in the ukraine. the call as to the tension between east and west on how to handle this u.s. -- on how to handle this ukraine crisis. york may be in store for more snow, but it is time to play ball in arizona. the diamondbacks opening spring training early this year. the team is getting ready to open the major league baseball season with a pair of games in austr

they wrote about the race to map the earth in this week's edition of "bloomberg businessweek."y, i thought google had this market cornered. how can a startup do better than them? google and microsoft by their images from google maps -- for google maps from a handful of companies that have satellites circling the earth. startups have cheaper, smaller satellites. dozens that are photographing at all times. >> is this a valuable market? how many people are willing to pay for a day old image of the earth? >> that is the question. the big guys have better quality . huge satellites and physics that the bigger your telescope, the better the image is going to be. a metermaging can do resolution per pixel. planet glass is not quite as good, about five to seven meters. if you can photograph the earth, 24 by seven, provide real-time images, there might be uses for this kind of technology. >> why are they getting more competitive now? >> companies are playing off of the breakthroughs we have seen with the iphone and all types of consumer electronics. you can build a smaller, more powerful,

i know bloomberg businessweek highlighted the kissing scene. do you keep it in or take it out?i wear, i to be the brand stewards of lego and protect their brand. i have gone to the theme parks, the original factory. i really get to know who they are as a company. at the same time, i know warner bros. well. i have produced a lot of movies for them. ultimately it is about the movie . brick thomas blago's the second largest in the world. your is a look at the journey. >> lego is probably the most popular toy in the world. war than 560 billion people -- pieces have been produced since the first and denmark in 1949. it is the second largest toy company. only mattel is larger. they are still owned by the family of kirk picks -- kirk christiansen, founder and pointer of the brand name lego. wooden planes and buses for children, he'd bought the first last big injection molding machine and denmark and began aching small recs that's not together. the design was an enduring success. in fact, any lego brick made after 1958 will still work with pieces sold today. for decades, the prime cust

for tickets and more information, just go to bloomberg businessweek design.com., we will have more on that in our in-depth look at google fiber next. ♪ >> it is 26 minutes past the hour, which ms. bloomer television is on the markets. -- stocks are rising for the fifth straight day above its record high close. can it stay and close at 1849? it also comes as janet yellen gives testimony in washington saying the fed may change the trajectory. they could possibly delayed if the economy weakens. individual movers we're watching. dan is putting pressure proposing three on the board, including himself. his 9.5% stake -- he says current director, fresh perspective. we are watching shares of a it came in higher than analyst estimates. we know he has seen success with his new loyalty program. that is it. more bloomberg west is coming up after the break. sizes hi >> to help the company meet profit goals and adapt. workers in vermont, new york, and minnesota, were among those let go. china's largest internet search and -- engine. from a yearse earlier. the spending is curbi

. ♪ check out the latest edition of bloomberg businessweek, you can read it on the go with our new appsses are not waiting for rules to be issued by the faa. estimates are in the tens of they are and overwhelmingly agency, which is trying to come up with rules for flying them. megan hughes has more on the unregulated drone boom. >> we are airborne. mainstream.ve gone even this character has one. >> they are making a movie without me. >> he borrowed it to spy on his son. real estate is one area where the use is widespread. they shoot video of properties and even interiors, capturing surfers hanging 10, the filmmaker of a filmmaker -- of a gettysburg documentary posted about it. >> it can shoot from a few feet off the ground to 400 feet in the air. >> shots that may be illegal. the faa does not permit flights for commercial purposes. >> you can't just acquire one of these vehicles and watch it into the airspace. that is not how it works. >> you can. that is how it works. >> the regulation needs to say that. >> we went shopping in maryland to see how easy it is to get one. with the camera

i look at great apps, like i think the bloomberg businessweek cap is great. at his great.at.is >> that is the opportunity, to establish new kinds of ads. but part of the problem with ads i can jump around and do all kinds of things is that they take forever to load and they annoy the user. there is something really wonderful about a full-page ad typography that is beautifully laid out. product around a in 3-d, takes the mystery away. you look at it a bit or clinically. i don't think that is what ran advertisers want. >> how many users do you have? >> well over 100 million. >> and growth capital >> about 250,000 users per day. ,> do you have any partnerships such as samsung? >> we do have a variety of partnerships. >> if they turn to google, will you get off that platform? alloogle is a major part of of the different hardware manufacturers out there. >> we will be back right after this break. ♪ "bloombergwatching west" where he focused on technology in the future of business. sony is trying to launch another restructuring plan. they split the tv business into a separate sub

. ♪ >> and be sure to check out the latest edition of "bloomberg businessweek."and on your tablet today. colleges and universities across the united states are seeing declining applications. this is due in part to rising cost of higher education, but there's another trend causing concern among schools -- the twin linked number of high school graduates from midwestern u.s.. janet lauren look at this trend and joins us in the studio. by our colleges nervous? we are is the first year seeing a decline in the number of 17 and 18-year-olds graduating. it started with harvard when they announced their application numbers. fewer led by six percent applicants. that led me to check what's going on with colleges located in the midwest. many of them have seen declines. >> but the general trend in demographics in the united states? what is it telling us? rex there will be fewer of them. the preferences of many students closer to. is to go home, maybe within a 100 or 200 miles will stop that is changing the way admission directors are recruiting. >> how so? >> a couple of thin

no, really, it happened, and it is chronicled by an editor and the latest section of bloomberg businessweek joins us from washington, d.c., and also joining me in the studio is dr. deepak chopra. all right, jeff, let's start off with exactly what happened. where did you go, and what did you do? >> i was going through fiji, and i happen to be a friend of the , and iwho own fiji water never actually believed that fiji water was from fiji. i imagine they went to their bathtub and filled up the bottles and sold them for a large amount of water, -- money, but i wanted to see their facility, so i show up, and i am told, before we go to the factory, we are going to a ceremonial well opening. they do all of these charity projects on fiji. >> why you? i mean, why did they think that you are the person to do all of these ceremonial things? to go watch,ted and i get out of the car, and the onlyd lovely, i am white guy around, so the village thought i owned the company, and the mayor came up and said, are said, no, unfortunately, but they were very happy to see me nonetheless, so i participated in what

. ♪ >> be sure to check out the latest edition of bloomberg businessweek.tands and your tablet today. it is time now for hotshots. a look at some of the most compelling images of the day. down it went. thousands of people gathered in city to see an iconic brick chimney come falling down. it stood 22 stories high and was drop-down in a controlled explosion. it had be removed to make room for newer developments. over in miami, another kind of destruction. a local artist visiting the art museum picked up a vase worth $1 million and smashed it. -- awas part of chinese chinese artist's exhibit. he was protesting when he felt favoritism for international rather than local art. he faces criminal charges. dog stars. heard of resources are getting the ultimate equine treatment. ofis in preparation pedicures and massages. -- some race horses. another check on the market is on the other side of the break. bottom line returns in just a moment. ♪ >> get the latest headlines at the top of the hour on bloomberg radio and streaming on your tablet and on bloomberg.com. that

brad from "businessweek," thank you very much. >> thank you, cory. move over, google.y is already with a pair of high-tech goggles. we're going for a run coming up. ♪ >> i'm emily chang. this is "bloomberg west." jay leno's last -- second last "tonight show" is tonight. he is passing the torch to jimmy fallon. jon erlichman with us from l.a. ira member johnny carson on the tonight show vividly and now i'm just feeling old will stop >> -- old. >> really? that, but good on you. when you look at the numbers beyond the "tonight show congo is amazing how big a risk this is because that program is one of the few that in bc have that is number one and by a mile generates a huge amount of advertising revenue, and i think the reason why they are doing it at this point when jay leno is still under contract, emily, which is a little awkward, they've got the olympics coming up, they will be getting a lot of viewers, they want to make the transition to jimmy fallon so they can get that younger demographic, so why not do it when a lot of people are watching nbc? you spoke last night

. -- bloomberg businessweek said that he was the best performing fund manager. >> fascinating.ater for more on what is happening in ukraine. notnext guest says it is policy updates, but the impact leibovitz joins us after this. >> is time for company news. in as muchuld bring as $500 million for the biggest mining company. divesting assets as oil prices decline. introducing the fourth supercar. the debut at the geneva auto show next month. is looking to compete with the for ari and the lamborghini. shares jumped nine percent. the oil resale unit. it could raise more than $20 billion. welcome back to countdown. i am mark martin. anna is off today. this is according to our next guest from jpmorgan. david leibovitz. thank you for joining us today. of how a rough overview it has been so far in europe. on, wek at what is going .ee companies beating estimates things are getting better in europe and certain things need to materialize in order for things to take off. analysis andsome we have seen that gdp growth means that if we see earnings growth, we have to see is revenue growth. we

green from bloomberg businessweek. peter cook our washington correspondent.ing news on the prospects of immigration reform getting dimmer. >> that will wrap this up today here on "market makers." tomorrow, we are talking telecom with the former ceo of verizon wireless. >> right now we are about 30 seconds away from 56 minutes past the hour. that means it is time for bloomberg television to go on the markets. here is scarlet fu. >> we're going to head straight into derivatives with today's options insight. joining me now is alan macmahon. action inng a lot of the markets. the dow has seen its best game so far this year. tell us about the action in the s&p etf options. what do they tell you? >> it is come to the breakup point from last week. we are pulled back. the resistance level was 1770 and a half. if i look at the s&p futures, we pushed above those december lows at 1761 and we are above the pretty solidly right now. that is a positive sign that we are building on bullish convergence. the volatility did not reach new highs. >> what about the vixie? it has c

up foring to write that a chat on "bloomberg businessweek." out over its skis. 40.56.en up to a 1 here is japan over the weekend. there is a spike up in japanese inflation and the major thing here is that the climb that does in real wages and japan -- they blow right through zero percent inflation in japan. who would have thought? >> that is what they have been trying to accomplish for years and they're finally getting it. >> be careful what you wish for. we wished for a front page this morning. tonya chen did a wonderful job. >> she did. a lot of talk about dealmaking among potential dealmaking. -- dealmaking, potential dealmaking. this would be a very big deal. a big deal in pharmaceuticals. activists looking to buy forest labs. this would be a $25 billion deal. wise carl icahn always on the right side of trades? arty dominates the chicken business. already dominates the chicken business. that will make someone very happy with a plate of wings next year. the potential deal -- charter looking after losing out on time warner cable. what are th

our correspondent from bloomberg businessweek is joining us with more on this story.ig issue with traditional taxis versus these services? is it really going to take their business away you go or is it a matter --is it really going to take their business away? of there beinger enough business? >> we have actually seen it is going to take the business away. the yellow cab companies in san francisco have had trouble fully staffing they are shipped with drivers and that -- fully shifts witheir drivers and that is because the drivers are migrating to the services. there is the ocular rectus of search pricing -- popular practice of search pricing, which allows them to charge more. >> this is not regulated, this is not regulated. who wass a young girl killed in san francisco by an uber driver. it seems like they may have some fair points here. >> sure. the issues around the services are around to driver distraction in the car, background checks, the insurance of the drivers. that type of situation like you see in denver and cisco speaks to all three. the driver had a previo

. ♪ >> world renowned designers will come together on march 10 for the second annual bloomberg businessweekn conference in san francisco. one of this beakers -- one of the speakers is a scientist that has made major accomplishments, can cure a virus that cancer. >> for me, the design is the ideate to id eight -- and then in vision and create -- and then envision and create the design. the beautiful part of the sign is the learning that comes from realizing your design and having it in the world. this is a software company that makes design tools, modernization, visualization, optimization. and the bio nano verse that i'm a part of his looking at a subset of those tools that can be applied to genetic engineering and cell biology. many people look at genetic engineering in a negative way. i don't. the more we can grow the things we need as human beings, the more we will be able to keep the world sustainable. inm particularly interested how we can design things living very fast, very cheap. i have been fascinated with viruses. i have been learning how to use software tools and some of these pr

bloomberg businessweek's matt dropped by the shop to satisfy his curiosity and sweet tooth.me of the people get very welker -- who get very wealthy on wall street spend the rest of their days on small islands in the sun. others in vermont and the middle of america. has a doughnut shop open 24 hours a day. this year, the donut pub turns 50 years old. >> i could come back and all of my rent was paid. over $900 lynch for million, more than a decade later, he still has the pub. >> one reality of owning a , they have fallen out of favor in the sense of the health craze. >> doughnuts are actually pretty healthy. >> in world war ii, donuts were sold as a nutritious food for new york soldiers. >> why do you think we won the war? >> an interesting take. formidablet competition. dunkin' donuts opened -- opened an avenue away. >> two dunkin' donuts right here. one around the corner. they did not make it. 14 doors down. they did not make it. david versus goliath. david one. >> when i think of competition, i think of the donut explosion. >> limited production, everyone wants to stand on

businessweek dug into the numbers and discover that car wars are a lot a lot little hasue trophies, everyonereports, that's a little bit different, right? >> i don't know. by the way, your story is fantastic. >> thank you. >> it is amazing and i did not realize how many awards jd powers gives out. >> jd powers gives a lot, let's start with consumer reports. they have best overall car, tesla model s. consumer reports had 10 best cars. best luxury car, best sports sedan, best green car, best compact car. is a just one big award? >> best overall. camel of these other cars out with commercial saying that they were the best car. >> in class, which is the key. you start the story with it, they have like 68 before you can get to the safest. >> there are 68 individual bests the jd power gives out. trucks. 11 safest >> there were 11 safest trucks of the year. >> i want to know what the safest is. there is top 11, or honorable mentions. so many sometimes the no one wins. >> is this just because at the end of the day they want car companies advertising? >> they have commercials for the awards that they

bloomberg businessweek reporter is in lower manhattan though, where samsung is hosting a partner eventam, you have been playing around with the new phone. what do you think? >> well, it is certainly better than the previous phone. 5, and theregalaxy s are some things that stand out right away. a larger screen, five point one inches, as opposed to five inches. you have a fingerprint sensor on the home screen, sort of like fingerprint sensors that have appeared on other brands, and also the galaxy s5 is waterproof to up to one meter for up to 30 minutes, so obviously if you are worried about dropping it in a puddle -- >> you can drop it in the toilet. >> in the breast pocket, at theg it in the toilet bar. >> exactly. all of the usual improvements that you would expect, better camera, better conductivity. it also has a heart rate sensor. you can put your finger right on the back, and it will tell you it also hasate, and better materials. people used to complain about plasticy.ing a little about goingalking down there, and you are saying, i hope they have a nicer case, a nicer package with

i think it is because of the covers for businessweek.bama's new budget has -- is interesting for what it does not include. that is next on market makers. >> remember the good old days when there was the thought of a grand bargain in washington? president obama's budget blueprint will not include any entitlement reform. this is a key republican demand. peter cook is with us in new york. what is the message here? >> the message is it is an election year and it is time to strip democrats and get their support for a budget would print very and it is not going anywhere in congress anyway, so why not make one. make it more appealing to democrats than it does to republicans. it reflects the budget environment. we have a deal that sets spending levels. there's not much the president to do anyway at the margins. just a partyly internal propaganda. >> it is always the ideal version of the way to spend money. the congress rips it up. it is a blueprint for setting the agenda. is --e is doing this time last time he used and all of branch and included

acknowledged chief of "forbes" media. " you can pick up or download the latest issue of "bloomberg businessweekthe politics of this ongoing debate. pimm fox joins us with what's coming up next on "taking stock." >> coming up at 5:00 on "taking stock" i'll be speaking with the chief executive of a.i.g., bob benmosche. today the company reports a profit that exceeds estimates. a.i.g. also cutting 3% of its workforce. plus positive news for a company that makes generators. the chief executive will join us to tell us about how his company manages to exceed estimates. and estimates are all about stocks. ammed that's coming up on "taking stock." ♪. >> if you're on a quest to find your soul mate in, a hurry to meet someone new or just looking for a good time, then you'd probably turn to the services of our next guest, tinder.m, okcupid and the c.e.o. of this group joins us now from chicago. you should have a cupid hanging over your head. your business generates over $700 million a year. what do you feel like the real success was behind it? >> well thanks for having me on valentine's day eve, which is

and ball bearing from bloomberg ringnessweek -- paul bea from bloomberg businessweek.the story. paul, thank you. >> when we come back, we have a lot more to cover here on "market makers." we're going to be talking about a different kind of basketball story. hometown. that's right, canada. we will be talking to the league commissioner. we are taking you to ontario. ♪ >> over hockey. movetball may soon be -- over hockey. basketball may soon be the hottest sports in canada. it has the highest participation among canadian teams. this, too, may him as a surprise to many of you. canada has its own professional basketball league. paul riley is the commissioner. he is in our bureau. americans love basketball. they love it so much they can rattle off statistics without even trying. here, the leak, the nba has a salary cap of $59 million per team. how can you run a league with a salary cap of $150,000 per team? the question should be what was the salary cap for the mba in its second or third year of existence. i would suggest it was not -- the salary cap for the nba in its secon

. >> we want to bring your attention to the new cover of " businessweek."oomberg "surveillance." streaming on your tablet, television, and bloomberg.com. do you bake? >> no, i don't. ♪ >> it is peaceful. it is gorgeous. ofhad snow in the month january and now into february. new york city on a crisp, gorgeous thursday morning. possibly we will get another store in this week. boycott we have had a lot of snow. this is bloomberg "surveillance." had a lot of snow. >> i have practically broken all my shovels with the snow coming. the clusters in the ukraine were on the move with our march toward parliament. in thesters on the move ukraine. they repeated demands for presidential elections or changes to the constitution. the olympic torch has finally arrived in sochi. the torch traveled 39,000 miles to reach the olympic the nest -- destination, the longest relay in the history of the olympic games. it was transported by cars, trains, and reindeer sleigh and stopped at the international space station. call it a protest beer. just in time for the olympics. a scottis

"bloomberg businessweek" took a look, how we are doing as far as medal standing and gdp.thing you see a lot. it points to the fact that you don't miss is that we need a huge gdp to win medals. norway is doing the best and their gdp is -- >> only bloomberg would do this. >> but the u.s. come we only have a total of 7 medals there. and we have $16.2 trillion. what you look back at all the metals throughout history, we still don't top the charts. >> i don't like this analysis. >> we don't have the snow. >> have you flown over norway recently? >> i guess they have an alpine setting there. austria, which have the actual alpine mountains, the alps, don't win. york, the home of the utica club. fourth of july in winter. they have winter. there is fine, but only 64 people who live in norway. has won the olympic gold medal 4 times. >> when you went down the luge were you scared? >> scared to death. >> do i get to tease our program at all? on "in the loop," we are talking with sallie krawcheck good the unspoken truth of gender equality, or lack thereof. it is going to be a great pro

on the show tomorrow, on the cover of the new "bloomberg businessweek," and in-depth look at the transportationompany uber. this is "bloomberg surveillance." on bloomberg television, streaming on your tablet, your phone, and bloomberg.com. ♪ >> good morning, everyone. stitches -- futures -2. i am tom keene. with me adam johnson and alix steel. adam has our top headlines. >> every go with a truth in kiev, tumbling and clashes. been killed in the violence as protesters drove right police from independence square. tv images showed activists leading captured uniformed policeman away from the square and demonstrators regained control of the area. that is a scary concept. shifting to china, a gauge of manufacturing their fault to a seven-month low. february ratings were adjusting manager index look from january's level. for customers were calling for it to be unchanged most of economists say the recent trade figure shows manufacturing dropped off at the country celebrated the lunar new year, the year of the horse and china. in sports, syracuse perfect season comes to an end against boston college. or