so let's begin with priya lakhani, founder and ceo of century tech.gest stroke we have seen for yea rs, the biggest stroke we have seen for years, and this is over some pretty ambitious plans to reform pensions there. yes, the last time they tried to reform pensions was in 1995 and if you remember, 1995, there were 2 million french people on the streets, protesting, bringing it to paralysis for three weeks and they eventually had to scrap the potential reforms, so it is really bold that emmanuel macron is doing this. he is seen by many as the president or the rich, and this is going to affect hospital workers, the police, teachers. and it is a change in the system. with french pensions, they look at the last six months of your salary and assessed on that you are given your pension, and pension age is 62 compared to other european union countries, but know what they are saying is you get points over the theories of your working life, and there is a slightly more complicated system, they say it is unified, the system. but when you start off as a teacher

priya lakhani, founder and ceo of century tech, joins me now. good to see you. good to see you. another legal challenge. back in court. back in court by huawei. these legal challenges are starting to build—up. do you think it will make any difference? well, it has been going on for some time. i think we now know it is all a bit of a political issue. donald trump is really sort of flexing his muscles here with, you know, we are not to be purchasing... well, america is not to be purchasing equipment from these very big, massive chinese companies that are absolutely central to the chinese economy. whether it makes a difference or not, we don't know. what has changed, slightly, is that this is obviously about these rural mobile operators not being allowed to use rural government grants from the services fund to purchase equipment from huawei or zte. and i think huawei have mounted these legal challenges, the ideas people look at it and think is there a national security threat, no evidence has been produced. huawei can position themselves as really innocent in all of this and theref

he needs in the 21st century 5 g. tech and energy pipelines hardware and natural gas there for the taking but at what price the united states is sounding the alarm warning the german chancellor of russian and chinese trojan horses in europe tonight when does a good business deal become a political deal with the devil i'm bored golf in berlin this is the day. witness on all the developments in the u.s. and it's not ok you did not string 2 was not a political project but a purely economic one thinks that in your judgment if russia completes the north stream 2 pipeline what would the effect be for russia for europe and for the united states very negative i say delicious success unfortunately the u.s. has always been against cooperation on energy with europe to teach to. the youngsters the be frank it will strengthen russia and weaken europe. we impose extraterritorial sanctions and see how to go forward with north stream. also coming up the risks in the pipeline and the risks in the network an exclusive interview with the hea

china and russia have 2 things that europe especially germany needs in the 21st century 5 g. tech and energy pipelines hardware and natural gas there for the taking but at what price the united states is sounding the alarm warning the german chancellor of russian and chinese trojan horses in europe tonight when does a good business deal become a political deal with the devil i'm burned off in berlin this is the day.

manufacturing, currency, manufacturing, as opposed to the 21st century issues like intellectual property, artificial intelligence, high-tech? wilbur: that was deliberate. withdea was deal mainly current trade in this phase one agreement. this is not the final, total agreement. this is just a phase one. we wanted to deal particularly with agriculture, which has been penalized by the chinese in retaliation for our section 301 tariffs on them. one was agriculture. other industrial products. the total of agriculture and industrial is around $100 billion a year. that is half a percentage point on the whole economy. a huge improvement in all sectors of the economy immediately. we certainly want to deal with transfers,technology the unfair limitation of market access, theft of intellectual property, that whole panoply of technologically oriented problems that we have had with china. but the idea was get this first phase in, get it going, and build confidence toward the more difficult and more complicated issues. those issues, these high tech issues, very likely will require legislation through the congress and china. that is a di

touched, but you were making a lot ofnternet investments around the turn-of-the-century, arou the market went down in the tech crash, and it is said that you personally lost $70 billion of net worth, the greatest loss that any human being has ever suffered financially. so how did you feel losing $70 billion of net worth? masayoshi: one year before that, actually, my personal net worth was increasing $10 billion per week. [laughter] masayoshi: forth days, i became riche bill gates. david: wow. did that upset him or... masayoshi: no. before i talk to anybody else, our stock start crashing. david: ok. [laughter] masayoshi: so in 6 months after that, our share price went down 99%. so we almost went bankrupt. and somehow, i survived. david: you rebuilt your business. and among the things you did was you bought some very well-known companies. so you bought vodafone's mobile telephone business in japan. masayoshi: at that timme i said, "now is the o go "next stage, which is the internet will become mobile internet," so i had to either get the license from the and first, i applied for the license to the government. a

century economy? it's amazon, facebook, google, tech companies that are not paying near their fair share.zon is paying -- despite the fact that they're closing 30% of our stores and malls. being a retail clerk is the most common job in the country. if we put a mechanism in place where we get our fair share of every amazon sale and google search, then every robot truck mile and work unit, we can generate hundreds of billions of dollars and that has a big up haro attached to it. when we put the money into american's hands it goes right back into the local economy to car repairs and little league signups and daycare expenses. this is a trickle up economy. it's not just me saying this. if you look at jamie dimon who look at the same numbers i have, they said we should declare a national emergency around the fact that our economy is not including most americans. >> i want to shift real quick to some foreign policy issues, because we're confronting a lot of them as a country right now. so i just want to get your thoughts on just a couple. syria. would you send u.s. troops back into syria to pro

fromlbright helped take me the 20th century to the 21st century when it comes to understanding culture and techture, and the modern culture of corporations. vonnie: there are parts of it the is specifically not classic tech culture. 60% under the age of 30, as mike said. dr. albright, how does your work apply to an investment bank? does this type of change need to happen across corporate america? is it harder for an investment bank to make this kind of change? dr. albright: i think when you look at goldman, they are not competing. this is really a war for talent. they are not competing with other banks. they are competing with facebook and google and apple for the best talent. my book looks at how societal norms are changing around digital natives, what i call the untethered generation. goldman is simply reflecting some of these changes that are happening in larger society. for example, they've brought out some very specific new policies, like a casual dress code, which was really tipped off by steve jobs and his iconic black turtleneck at apple. a policy where you can take pictures at work, fo

century? data. how many of you got your data check in the mail? we left, where the data checks go? thebook, amazon, google, mega tech companies that are paying zero or near zero in taxes. that is a game, new hampshire. archimedes are getting sucked dry and depleted and we are looking around wondering where the value went. and the biggest winners in that when he first century economy are paying zero in taxes. what we have to do is get our fair share your fair share, make sure amazon, this chilly dollar tech company actually is paying taxes. equally important, we have to put that value into our hands come into your hands, the hands of the american people. build a trickle up economy from our people, our families and our communities up. if we put this thousand hours per month into your hands, where will the money go and real-life? i'm going to guess a lot of it will stay right here in nashua or new hampshire. it would be good for the chamber of commerce. if you run a business here, you think maybe people will be patronizing my business more often. the money were going to car repairs you have been putting off, daycare ex

tech companies have been telling them. so these are the changes we have to make to rewrite the rules of the 21st century economy to work for us. to work for you. if you are a young person and feel like it is not working for you, you are right. if you were born in the 1940's in the united states of america, there was a 93% chance you would better than your parents. that is the american dream. that is the dream that drew my parents here. if you're born in the 1990's, you're down to a 50-50 shot and the number is declining quick. that's why young people feel we have left an economy that does not work for you in a mess, in addition to climate change. and we have. if you are young person and you feel distressed or angry about it, i get it. we have to do better for you. we have to start measuring how our economy is doing based on how you all are doing, to see how it is working. again, corporate profits at record highs while our life expectancy is declining, which is more important? yes, i agree. if you think about how we are measuring the value that we are producing, my wife is at home with our two young boys, one of whom is aut

century. you have market concentration in a number of industries, but big tech is the magnified example of thatgue on the power of these platforms, but i would say at the same time, even if you want to argue they're monday op lease. >> the dominant theme has been consumer welfare and the principle, though not the only signal has been pricing increases. so the real question is are we entering an age when data, how you collect it and use it is the principle signal rather than higher prices. >> it's interesting, because with facebook facing so much scrutiny and potential threat perhaps of being broken up, they are arguing that integrating all of these different services that they own, having end-to-end encryption and making it seamless to go between what's appear and facebook will benefit the consumer in terms of protecting their data. do you think facebook is going to end up getting broken up? >> two different points. there's a long way between then and now. the theory on the facebook breakup which was led by two prom dent really anti-trust scholars at columbia and nyu is that -- the story is tha

century? when it comes to all of the regulatory overhang facing all of big tech. >> i have confidence in his abilitywe know he has been running that part of the business. i don't have the same concerns about google that washington does. i have a pretty good understanding of how they run their model. they do have competitive advantages but i am hopeful and optimistic that he will be someone who can communicate the right message to washington and be able to get this aside. i have been in the business for over 30 years. i remember when microsoft went through a similar type of trajectory back in the late 90's. they were supposedly a huge monopoly on the desktop. they were able to work through it. i am hopeful and confident that google can perform the same way under their new leadership and work through this tough time in regard to the scrutiny. >> thank you for joining us. google is not the only company with a staffing shakeup. the ceo of expedia and the cfo have resigned effective immediately. they clashed with the board over the direction of the travel company. the chairman barry diller and vice chair

losupporting science, tech, and improved economi performance and ncial literacy in the 21st century.carnegie corporation of new york. supporting innovations inoc education, dtic engagement, and the advancement of international peace and security. at carnegie.org. >> and with the ongoing support of these institutions: and individuals. >> this program was de b possibthe corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woouff: the next stage of the impeachment process against president trump is at hand. word came today that the presentation of evidence will g ke place on monday, with the formal craft articles of impeachment to follow immediately. congressional correspondent lisa desjardins begins our coverage. >> desjardins: at a capitol podiumeserved for the most formal, or profound, moments, the house speaker made her announceme. >> the facts are uncontested. the president abused power for his own personal political benefit at the expense of national security. sadly but with confidee and humility, with allegiance to our

cal tech doesn't cater to alumnae kids and it has one of the largest endowments in the nation. even oxford and cambridge with their centurieshallowed tradition refuse to favor alumnae children. >> their endowments are into the billions. america is the land of democracy but at least in college admissions the reverse is true. >> when you add up all of the admissions preferences at elite schools, like legacies, recruited athletes, and children of wealthy donors, you get an astounding number. at some schools it's around 50% of the class. >> that is the behavior that's typical of a corrupt private club. >>> coming up, at barrera college in kentucky, in order to get in here you must be poor. when we come back. get ready for the insurance-themed experience of a lifetime. it's "progressive on ice." everything you love about car insurance -- the discounts... the rate comparisons... and flo in a boat. ♪ insurance adventure awaits at "progressive on ice." tickets not available now or ever. we chose eleanor. it was great-grandma's name. so we're in this little town near salerno and everyone has dad's eyebrows. help your family discover

century in paris reporting on the situation live. let's get to our top stocks stories. for that, we go to dani burger. dani: carl zeiss is rallying today. the med tech than 7% after an upgrade from deutsche bank, who's says strong growth will continue for the next four years at least. they say the market is undervaluing their margin potential, considering new product launches and approvals in both the u.s. and china. wirecard falling. the ceo says he wants to expand in payments, and offer banking accounts with up to 1% interest, but the market not taking the new plan kindly. ams declining. they are gaining in today's session, clinching the 4 billion euro takeover. the next step is to bring capital raised plans for this takeover. but we tend to see that on the acquisitioner side, just because of the costs that come with that. anna: thanks very much. m&a monday has begun with another big deal in the biotech space. sanofi has agreed to buy aboutrx in a buyout worth $2.5 billion. our guest joins us here in london. good to speak with you. let's talk about sanofi. u.s. biotech does not come cheap. hundred 70% premium being paid. is that a good deal for th

reminiscent what we saw the end of the last century and we have seen in 2006, 2017, 2008 it is bothersome to me the fact that you had the fact that we work was called a high-tech hide as being some high-tech, uber is talked about as being high-tech company it is really a transportation company. and the fact we try to hide everything under the -- the minion of being high-tech is bothersome markets can remain illogical. >> my question is. >> hi, john. >> my question economists the consensus view of economists is if u.s. economy is slowing to under 2% at 2020. at the same time, the consensus view of equity analysts has acceleration of s&p 500 revenues from roughly 3 1/2 to 3.8%, in 2019 up to about 5 1/2% in 2020 how do you scare these differences? >> you can't it is not squareble, not squareble cannot live at same time we have a market bullish news is bullish for the market and bearish news is bullish for the market it matters not at this point that is illogic what is going on sooner rather than later a bear market not a question when we do going to be 25 or 30% correction will happen when it happens. i think it is important -- >> can we square -- go ahead. >> i

china and russia have 2 things that europe especially germany needs in the 21st century 5 g. tech and energy pipelines hardware and natural gas there for the taking but at what price the united states is sounding the alarm warning the german chancellor of russian and chinese trojan horses in europe tonight when does a good business deal become a political deal with the devil i'm bored golf in berlin this is the day. we have all the developments in the us and it's not clear to me nordstrom 2 is not a political project but a purely economic one and they wish that in your judgment if russia completes the north stream to pipeline what would the effect be for russia for europe and for the united states.