you can read the full story in this week's bloomberg businessweek. let's get back to the u.s.tock market. yesterday's exuberance has somewhat dissipated. rally we had the biggest in a month and now we are fluctuating here. lowerf the indexes are with the exception of the nasdaq. i want to bring in abigail doolittle who has more. abigail: stocks are mainly flat here at the nasdaq. one of the big stories is the much-anticipated match group ipo . it sure is now trading well above $13 and much higher than the ipo price of $12 per share. is notable inut the fact that revenue is growing , up 19% in the third quarter of this year. soaringto another stock , curator green mountain up as the company reported fourth-quarter adjusted earnings that beat the company's own forecast and the street estimate. they made $.85. keurig green mountain. up 20% over the last week. now, with visa strong results, the fact that the company is forecasting growth for fiscal year 16, we may see investors start to shift and look at the stock -- today is the best day for the stock since february of 2014. bett

that was the current edition of bloomberg businessweek.ormed the company into a media powerhouse. felix gillette joins me. i met them at the bar downstairs. three years ago. they share the numbers with me. my job was on the floor. it is a huge business. it is as big a media property as nfl. felix: it is amazing. it is not how many people are watching but for how long that they watch. ch viewerge twit watches 104 minutes a day. cory: that is disturbing and awesome all at once. how can i briefly describe the long tail of this notion? the future of the media is not a big giant network. it is thousands and even millions of little websites or whatever, media properties, that garner a much bigger audience than the tent poles. i cannot tell if it is a short tail or a long tail property. there are so many users and semi-contributors. incrediblys an specific audience. again, and traditional television, you get your show canceled pretty quickly. there are so many channels out there that it aggregates into a very big audience. ago, amazonears acquire

bloomberg businessweek looks at the year ahead. joining me now is economics editor peter coy.were driving in new york and already christmas decorations are out. peter: we are contributing to the problem with coming out with our year ahead at the beginning of november. betty: before we get to that, you covered the economy here and jobs, with you make of his job number? peter: you have got to love it. a strong report. k months itea bounces right back up. betty: doesn't seem like an aberration? peter: it could that -- turn out to the anomalous, one freakish month. there is a lot of uncertainty about these numbers. it could be the real number was lower than that but you have to take it you get. we don't have better data than this. let's take it for what it is for now. 2016, for next year in did you ask people about what they see for the jobs numbers -- the jobless rate? peter: we looked at bloomberg's survey of economists before the report came out they were looking for average on women rates in 2016 of 4.9%. under 5% already. i would not be surprised after december comes out the

. >> reporter: a report in "bloomberg businessweek" suggests cohen was overly optimistic, citing new data from the treasury that isis actually took in as much as half a billion dollars in the past year from oil. but just yesterday, army colonel steve warren, spokesman for the joint task force, said the stepped-up offensive against isis' main source of wealth is paying off. for the first time, the u.s. is attacking oil delivery trucks. >> in al-bukamal, we destroyed 116 tanker trucks, which wenk believe will reduce isil's ability to transport its stoleno oil products. >> reporter: besides the oil fields in iraq and syria that isis controls, there are three other major sources of terrorist funding:ur taxation, which might just as easily be called "extortion" ind the case of isis; kidnapping for ransom; and finally, the looting and the sale of precious antiquities smuggled from the region. this is economics correspondentc paul solman, reporting for then, pbs newshour. >> ifill: william brangham has more about how isis gets its funding. >> brangham: and for that i'm joined by cam simpson

bringsrg business together the best of bloomberg businessweek, television, and digital content in one address. why parisians are bracing for more violence. all that on bloomberg.com/asia. our coverage of the terror attacks continue after the break. ♪ >> i think we need a big coalition there because it is not possible to have two coalitions in this region of the world. together, not only with the americans, we have to be with the russians, with the arab countries, to be on the ground. ont has happened in france friday can happen in every other european country. >> this has to be led and by local troops who understand the local lay of the land. troopserican or western to not understand the difference between a sunni or shia. this is where the problem begins. i agree with the continuation of the existing military campaign, targeting military installations and containing the threat of islamic state. reaction isrk risk-off, equities go down, bonds go up. certain key currencies rally. gold tends to do quite well. the bigger question here, what happens next? what we are all doing is trying t

bloomberg businessweek is exactly a front and center read.f we have not blossomed, what are the implications of monetary policy? you're looking at a euro that is betting that interest rates will rise, and hasn't so that is done. australiaas just in and i was shocked to see some of these australian gold stocks. the currency has fallen so much because they correlate the aussie dollar with iron ore. gold prices are rising and the cost of manufacturing of oil prices is falling. so there are positive traits. guy: thank you very much indeed. the second hour of countdown after this break. ♪ we live in a pick and choose world. love or like? naughty or nice? calm or bright? but at bedtime ... why settle for this? enter sleep number. don't miss the ultimate sleep number week going on now! sleepiq technology tells you how you slept and what adjustments you can make. she likes the bed soft. he's more hardcore. so your sleep goes from good to great to wow! give the gift of amazing sleep, only at a sleep number store. this week only, save 50% on the ultima

. -- bloomberg businessweek. challenging time for investors.tructuring financial services industry, it's another leg up. there was a wave after 2009 where people said the u.s. and european banks would restructure. what you are seeing is that most of the banks, there is a change in management, creating nontraditional lending opportunities, and you are seeing that go off market. lendingcall it private or traditional things that may have gone to a bank where it is too complex now, that is going to private equity funds. there is an interesting opportunity. >> they've been saying that for the last four years. i am telling you is that it is finally accelerating in europe. there was a huge thing about this being an opportunity. the banks aren't ready to sell. they needed equity. what is changing today is that for the first time we are seeing that pickup. that is an interesting opportunity for a firm like ours. >> is there more of an opportunity for nontraditional lenders, kkr, hedge funds, because the fact it does not have a corporate bond market? >>

alix: -- scarlet: that leads us to the bloomberg businessweek story, how the islamic group is gettingoney. how would you attempt to cut that off? alexander kliment: the recent bombing is focused on some of those oil smuggling routes. of hydra -- it has lots of different tentacles. you are constantly playing this game a containment until you get to the point where you say, ok, there will be a ground war to actually move these guys out. then you're left with the problem of what next? today become the linchpin of the relationship? alexander kliment: that is what the russians would like. there is too much antipathy between the u.s. and russia. it is also worth pointing out europe is in a position where they have to deal with russian more. the u.s. is not. it is still a political and economic freebie to be hawkish. particularly as they moved to an electoral season where the white house will be trying to protect the to a credit candidate from perceptions of weakness, and certainly no one on capitol hill will raise their hand to go with russia. it does not stack up on the u.s. side. scarlet:

his story is on the cover of bloomberg businessweek. broader oro a bit take us back to mali.been confirmed that the hostage situation there and the attacks in paris are connected. look at the situation, what is your big take away? , how arehey mobilizing they communicating, how is this happening? >> it is horrific. eou have to think about tha for families -- if you see how these situations have changed, we used to see hostage takers using that situation to make a political point. they wanted a platform to make a political statement. paris was then violence was the statement. , willestion here in mali they use this as a platform to say something or are they only interested in violence? if you go back to the horrific ables in mumbai, we were to intercept the messages between the terrorists and their handlers. we were able to work with blackberry. because of encryption now, it has gotten much harder. that will be a really important question going forward. david: there are reports that the white house wants to ask silicon valley people to rethink the encryption issue. you had a s

it is in the latest issue of bloomberg businessweek.e live coverage of the fed minutes as they are released at 2:00 p.m. is a december rate hike in the cards? >> or other noble energy market at 2:00 p.m. eastern time. speaking with tom werner, ceo of sunpower. -- renewable energy market. ♪ david: it's 2:00 p.m. in new york, 7:00 p.m. in london and :00 a.m. in hong kong. welcome to bakersfield, i'm vavevave. mark crumpton has more from our newsdesk, mark. mark: most market watchers will be looking for clues on whether the fed will move on interest rates at december's meeting. there is speculation the fed will begin raising rates for the first time in a decade. michael mckee is in washington. michael: the fed officials have to be talked out of a rate increase in december rather than talked into one explaining the change in language in the october 28 statement that suggests that they would consider a rate increase at the december meeting, the minutes say this change was intended to convey the sense that while no decision had been made, it

abigail doolittle at the news desk -- at the nasdaq. ," have a special edition of -- bloomberg businessweekg at our crystal ball. we focus on the advances of health and science. -funded experience prosthesis might be the most advanced ever created, attached to a skeleton via a bone implant. >> used to be a salesman, and in 2005, i was diagnosed with having cancer in my left forearm. it was so aggressive, it would not slow down. in 2008, the educated the arm just above the elbow. david gura i got a second chance at life. -- i got a second chance of life. you not think that meets me happy and give me that much more of a drive -- yes, it does. >> ready and go. hold it. hold it and relax. john has become something of a guinea pig for experimental prosthetics. >> hand open. >> here at the johns hopkins applied physics laboratory, a glimpse of how physics and machines interact. a mind-controlled arm that attaches directly to his skeleton, and it is the result of a decade of work, and $120 million of military funding. >> so, this is the first time that we are attaching a implantic device to an tha

pickup bloomberg businessweek. the cover story is all about walmart and how the retail giant is always keeping its eyes on employees. ♪ ♪ erik: good morning once again. i'm erik schatzker. time for the bloomberg business flash, a look at some of the biggest is this stories right now. the justice department wants to know if comcast is too much power over local cable ad market. a person familiar with the matter says the government has opened an inquiry having to do with interconnects, for one provider sells cable advertising to local businesses on behalf of other pay-tv companies. comcast says it is cooperating. deutsche bank has agreed to settle a u.s. investigation into tax evasion. they will pay $31 million in a nonprosecution agreement. focus on swiss banks that help americans evade taxes. theaters looking to boost revenues anywhere they can when the new star wars movie opens. they will be selling posters, keychains and even cocktails called yoda-ritas. they will be paying a higher than normal percentage to disne

scarlet: this is the subject of our special issue of businessweek -- onx: we are focusing business and cancer, but his new birth basis may be the most complete ever created. why? it is controlled by his mind. may be theprosthesis most complete ever created. in 2005, i was diagnosed with having cancer in my left lung. it was so aggressive. in 2008, they amputated my arm just above the elbow. chance at life. if you don't think that make me happy and gives me that much more of a drive, it does. >> ready. go. hold it. hold on. >> he has become something of a guinea pig for experimental birth edicts -- prophetic. what he -- experimental prosthetics. here is thelimpsing future of how intelligence and machines interact. result of 100 $20 million of military funding and a decade of work. -- $120 million of military funding. >> this is the first time we are attaching a device and allowing a prosthesis to be physically attached to his skeleton. a problem with all of the arms i was working with. i was having skin breakdowns. tegration, it can next wrigley to the implant, so you can continue weari

. : we have a great bloomberg businessweek story informing readers that because they have so much controlnational monetary usual banking finance system is of no use to them because it's more difficult for us to track that money. >> that's right, it's not like sanctions on iran when we were trying to press them on the nuclear deal. the banking system was crucial in terms of being able to enforce those issues. isis has access to funds without the international banking system. the french president does not have the luxury of soft power. how does he shift from your world too hard power? >> you need both. smart power -- tom: can we quote you on that? >> i have used it before. hard power is the ability to use force or economic sanctions to either coerce or pay. soft ability -- soft power is the ability to attract and paty. you need both to deal with a group like this. you have to use hard power against the hard-core but you need soft power to prevent them from recruiting from the surrounding softer parts. tom: do we need a new strategic relation with mr. putin? >> we need to coordinate some of

this week across bloomberg we're looking into the year ahead with a special issue of bloomberg businessweekll as a summit of business leaders and industry influencers. today we focus on energy trends to keep dry on. coal, nuclear, natural gas, they are going head-to-head for dominance of the energy market. when we see a shift in the balance of power next year? after a year in which oil prices dominated the news you might think the same issues will drive next year's stories. if you focus on oil prices you will miss the larger picture for 2016. we rely on oil of course for transportation but it is not the only game in town anymore. as our reliance on oil shrinks, we will turn to not just one new source of energy but several. this is different than what has happened in the past. previously, one form of energy was superseded by another. in the 19th century our reliance on wood gave way to coal and in the 20th century that yielded to oil. in the 21st century, the next step will not be an orderly progression from one fuel to the next. it will be a free-for-all. so which source stands the best sho

cam simpson, you can read his full story on the bloomberg businessweek edition.the cfo, the impressive. ising up, we will speak loosely to the cofounder of united talent agency. ♪ you used to sleep like a champ. then boom... what happened? stress, fun, bad habits, kids. now what? let's build a new, smarter bed using the dualair chambers to sense your movement, heartbeat, breathing. enter the sleep number bed with sleepiq® technology. it tracks your sleep and tells you how to adjust for a good, better and an awesome night. the difference? try adjusting up or down. you'll know cuz sleepiq® tells you. give the gift of amazing sleep. find our best buy rated c2 queen mattress with sleepiq. only at a sleep number store. know better sleep with sleep number. alix: it is 1 p.m. in new york, 6 p.m. in london and midnight in hong kong, welcome to bloomberg markets. scarlet: from bloomberg world headquarters in new york, good afternoon. alix: you are we're watching at this hour. the s&p 500 is looking like it did in the 2011 correction. does that mean the bowls are ready to

. >> i would love to show you and small "businessweek" will be the first week in november this year.ring with public broadcasting system and with imd effort to get the stories out. whether you are a patron of the business are on the business i need you and your community to know where that is so we can become aware of it, elevated and open up more for them. also many of you in the military have seen the hometown greeting hi from wherever i am in the world. we are going to try to do that for small businesses. it's a little snapshot so it will lease get people curious about what they can learn about and then build and to the pier to pier which is an incredibly powerful mentoring. is preferred over commander above, lower entrepreneurship. we want to see somebody just like us who has gone ahead and done it already. >> what are you seeing in retention? what are the talents of there are and what is working? not everybody at once. >> i think that's the next level of conversation. it's not about to say we are going to give you this opportunity. it's saying that all the way through and again

stephanie: you are looking at bloomberg businessweek.om the tehran museum of contemporary art. it holds some of the greatest art collections that have been artists including pablo picasso so and andy warhol or on display after more than 30 years when protests started. they put pieces of western art into the vault. step towardis a big liberalization of the regime in iran. back, we: when we come are going to be sitting down with had me nick they -- henry mcveigh. if you have questions, send us a tweet. ♪ erik: you are watching bloomberg . europe, a continent already struggling with the migrant crisis. trouble in the u.s. ipo market and doubts over the equity valuation. here with a few ideas of how to take action or not is henry mcveigh. welcome. henry: thank you. erik: had you been here just a couple of weeks ago there is no question i would be asking you about the migrant crisis implications short-term and longer-term. what weave to overlay saw transpired this weekend with the paris attacks. henry: it is a human aspect. erik: no quest

stephanie: we are thrilled to introduce businessweek editor alan pollack. welcome to bloomberg go.e to have you. we are getting to the year ahead for "business week" 2016. >> this is our third annual year ahead issue, and conjunction with the conference. it is always a frightening task to predict the future, so our aim is to give readers of the information to evaluate what they are doing as the year goes on. stephanie: interest rates -- i mean, all day, every day we talk that. half of our guest say, who cares? ellen: we make predictions based on a bloomberg survey of economists. some of it is predictable. the idea is that u.s. rates will go up to 1.25% by the end of next year. who knows when the fed will raise rates and people are beginning to think it might be march but nobody knows. and then we have countries like and india and russia lowering rates as they try to stimulate the economy. i think the idea is china will probably go to 4.20%, not a huge they are trying to stimulate the economy. and the u.k. and eu will probably hold steady, not making many moves at all and probably g

the first one is -- published by limburg "businessweek."n between 2007 and 2014 the price of that drug increased 150%. the second piece is published by randall osan recently and this shows, think this is 2014. in any case, $10 million spent on r&d versus $14 billion spent on marketing so can you please comment to both of those? >> so the first question regarding -- one of the things you heard quoted this morning and maybe a couple of times here was that the increase in branded drugs is 13% year-over-year. i have also looked at the net price which is hard to get that they took all of the pharmaceutical they then looked at growth from all of the rebates given. they saw a 5.5% and that was published in the last recent couple of weeks. that's the lowest increase in the last five years. so if you look at why this transparency piece, what actually is net price you get two very different stories. >> does that affect the price specifics that i just mentioned? >> absolutely. in fact i would say probably all , if we look at how much patients are payi