one of those injured is 26-year-old cory. cory was blinded in one eye. this is the picture here, when a piece of metal shot out of takata airbag from his 2001 civic. with more on this, rich newsome. thanks for coming on the show tonight. before we talk about cory, i have to say the japanese government will launch an investigation. meantime people could get hurt? isn't it time takata recalled these airbags? >> you know it has been a moving target since back in 2009 when this, what they call rolling recall started. the thing they have been trying to get their arms around it. they have recalled a lot of these. senator nelson's hearings talked about yesterday, it is a still debate which one of these need to be recalled so yes. gerri: i want to talk about your client, cory, has two children. of the six months ago, it wasn't even a horrible car accident, was it? it was a fender bender and his airbag blows out and he gets injured. tell us about that. before you do, i want to tell our viewers i have graphic images we'll be showing. if you have small kids in the

>> all right, cory johnson, thanks so much. thank you all for watching this edition of "bloomberg west." all the latest headlines all the time on your phone and tablet, bloomberg.com and bloomberg radio. we'll see you later. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] . .

cory gardner made an interesting move. he was one of the first this come out in favor of over-the-counter birth control. this was a sign that they knew that they were in trouble with women, and they had to offer something. this happening in an electionier, it shows how they want to cherry pick something that sounds good, but the actual policy implications of over-the-counter birth control puts the cost, the burden of costs on women and family. it may make a nice talking point for cory gardner, but in the end women voters are going to see right through that. i was looking at some of the early numbers. there are extreme enthusiasm for democrats right now. 77% of people who say they're going to vote for mark udall said because he's on the right side of women and families, these are women and family issues why colorado. that's why he's getting their support right now. >> but when--wasn't there a risk of being outflanked? wasn't there a risk of having that issue neutralized when the candidate for the other party said no, i'm no

>> all right, cory johnson, thanks so much. you all for watching this edition of "bloomberg west." all the latest headlines all the time on your phone and tablet, bloomberg.com and bloomberg radio. we'll see you later. ♪ >> [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> progress is sometimes exponential. new innovations create even knew -- newer breakthroughs. >> it's fairly exciting to think that we might change things someday. >> the pace of change only accelerates. in 2015, the race towards the future continues, from the food we eat to the way we interact with technology to how we communicate.

'i am cory johnson and four emily chang.of foreign-born immigrants come to the united states to get her degree and take it back to their country. wait for workants visa. the dikes guest that the real loser is the united states. and a of the immigrant professor at law school. -- our next guest says the real loser is the united states. >> a tragedy the u.s. is losing competitiveness. this is when we need to create jobs and boost the economy. you remember four years ago you going backng about to india because he could not get a visa. worth more is now than groupon is. talking over drinks whether they should buy groupon or not. one of the issues we have been talking about is the idea of a comprehensive immigration reform cannot seem to get through congress. the democrats did not want to get -- let go of the enticement that a lot of republicans may be willing to go along with. i'm a sentimental point of view, i am sure you support the idea of comprehensive reform. is it the right political solution? >> comprehensive means a lot o

i'm cory johnson. every weekend we'll bring you the "best of west," the interviews with the power players in global tech and media companies that are reshaping our world. to one of the most pressing issues in the united states today and an issue that is near and dear. republicans racked up huge wins in te elections. president obama promised action soon by executive order if necessary. >> before the end of the year we will take whatever lawful actions i can take that i believe will improve the functioning of the immigration system that will allow us to search additional resources to the border where i think the vast majority of americans have the deepest concern, and at the same time i will be reaching out to mitch mcconnell, john boehner and other republicans as well as democratic leaders to find out how it is they want to proceed and if they want to get a bill done, whether it is during lame duck or the next year, i am eager to see what they have to offer. >> for more i spoke the to the new executive

i'm cory johnson, in for emily chang. become the latest tech giant to end its affiliation with the american letters lit of exchange council, which -- legislative exchange council. it objects to the climate change legislation. a lot of ebony's ending the relationship with alec over the same thing. climate change is increasingly a concern for tech companies. i talked with harassment lamar smith, the chair of the science, space committee. take a listen. of theare the chairman science, space, and technology committee in the house. a big report from the u.n. today say climateentists change is severe, pervasive, and your reversible. what is your take? >> this is nothing new. they make these kind of for additions. -- predictions. there are people who want to use environmental regulations to control the economy were private property. if you look at their predictions in the past, most of them have been wrong. anyone who was going to predict what is going to happen in the year 2100, 85 years from now, is not going to be correct. co

cory, i will steal your thunder for a second.th david fitzpatrick, founder of the tech economy package, and he has the bwest bite. came this year for three days. we are excited about it. jeff later this afternoon. we are so excited. >> thank you for having us there next time, we will have to have the sun come out. >> emily chang, thank you very much. enjoy the sun down there. ♪ . . >> from bloomberg world headquarters in new york, this is bloomberg "bottom line." the intersection of is this an economics with a main street respective. to our viewers in the united states and those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines today. julie hyman is watching cable stocks after president obama's comment on that neutrality. and shelby holliday

created some stars, if ernst wins which is not determined but cory gardner in iowa -- cory gardner these are going to be major republican stars who are in battleground states. >> woodruff: how much can -- assuming republicans take control of the senate if they have 53, 54, if they don't have 60, if they don't have that filibuster number, what can they get done? >> well, it comes down to what each side wants to do. what the president looks at his last two years, if there are couple of places that he wants to work with the republicans and republicans at the same time, i think it's a test for the republicans. i think no question right now is not real endorsement of them by any means. this is a rejection of the status quo. another vote to change. americans believed that those who voted even though voted republican believe the system is rigged against ordinary people. rigged in favor of the well off and the well to do. and this is a chance for the republicans to prove that they really can do something and democratic president. let's be very frank, rhetoric has been very intense and very perso

i'm cory johnson.y the conference -- holding the conference, the theme is disruption. we talked to the coo and the change taking place among the large established tech companies in silicon valley. >> technology is never without change. thes the one constant in industry. it is always changing and reinventing itself and i think that is part of the cycle we are seeing is that continuous reinvention and in some ways, it fits even with the broader theme of our conference and the fact that there is a constant disruption from technology both in terms of how it affects the users and the companies themselves. >> emily chang spoke at the malcolmce with gladwell. she asked about what tech companies can learn from his big book. >> your argument is disadvantages can become advantages and create opportunities. you speak with cancer researchers, civil rights leaders. what can a tech ceo take from this book? think what is interesting is that -- this is not a new thought, but one that bears repeating -- diversity is th

i'm cory johnson. a check of your top headlines. stock is tired today. the s&p 500 and the dow jones extending to the all-time highs. shares of homebuilders helped lift the market. nintendo north american president says the company will experiment in mobile next year. it will take it slow before releasing games to mobile users. >> they have a huge, installed base. tons of connected devices. we don't have content on those devices. we are focused on providing great experiences on the home console. >> a pretty order for a new game called super smash brothers are breaking nintendo records. marissa mayer makes another aduisition, buying a video platform. it will strengthen advertising making it the largest in the united states. they paid $640 million to get it. a comeback for space hosting. big gains in quarterly revenue and profit. wasfuture of rackspace confusing. alibaba smashes records for china single day sales. in billion dollars in sales 24 hours. billion,hat to $2.9 those are big numbers. here is th

cory doctorow says information doesn't want to be free. cory is the author of lots of great books, both fiction and nonfiction. a regular contributor to "wired" and my favorite magazine, "make" magazine. he's also the co-editor of the website boing boing. my second favorite website, because sarah is sitting to my right. >> i'm closer and in striking distance. >> exactly. so this idea that information doesn't want to be free, that the information you're talking about is music and movies and intellectual property. >> well, you know, i have spent a good part of the last 15 years fighting about what rules we should have for the internet. a lot of those rules have come to us from the rules about movies and books and so on. at every turn, people tell me this is about whether information wants to be free. i never got out of bed because i wanted to make sure information could have its destiny fulfilled. the only reason i thought about this stuff was so people could be free. in the name of stopping people from watching movies the wrong way, we've s

. >>> cory booker won election to a full-time in new jersey. he met with supporters in newark after defeating jeff bell. he was leading in the actual vote by 14 points, 56 to 43. and delaware senator chris coons won the election. coon was first electricke elect. he celebrated victory at the christiana hilton in newark. we are keeping score on the big board tonight. which party will be in controversial the senate? the gop needs six seats to switch from the democratics to the republicans to become a majority. five of those seats have switched. cory booker and chris coons maintain their seats for the democratics. they only need one more. you can watch the resultless from the races that you care about at the bottom of your screen. they are available on our website at 6abc.com. >>> we have been tweeting them with #abc6vote. >>> a new angle of surveillance video shows the kidnapper calmly approaching 22-year-old carlesha freeland-gaither on sunday night and moments later the struggle begins. investigators follow the trail from philadelphia to aberdee

i'm cory johnson. emily chang will join us in a while. she is on stage with david marcus at techonomy. you could watch that conversation on bloomberg.com. us with an join exclusive interview later in the hour. but get a check of the top headlines. u.s. stocks have been fluctuating. vodafone is one of the big reasons. the second-largest wireless cavity having the best day of the year. strong growth in russia. ford has started production of its new f1 50, complete with an aluminum body. the lightweight truck should mileage. better f-150 >> the fuel economy improvements , people are still asking for it. it is a cost of doing business. it's just like buying new tools. this is a cost for our customers. if we can bring that cost down for them, they will love it. it will be available in dealerships next month. pandora taking another swing at the copyright royalty board to try and lawyer -- lower its royalty rates. >> pandora should be a revenue stream for artists. we shouldn't be there salary. we should help them in other ways. help lift the art

when a got a richard cory he could recite it all along with me. is an extremely powerful poem, the images are so vivid that once you're committed to memory it is going to be there for a long time. image of the suicide is such an unexpected ending to that poem, that is disturbing. it enters your consciousness like a bolt of lightning. is a wonderful poem. did you get started and decide to study the connection between presidents and poetry? >> how did i get started on the project? about 10 years ago i was told to write an essay. in a processof preparing that essay, i had to do a lot of research on robinson. review on this book written by theodore roosevelt. so surprised by that, the president taking his time to write a book review. my mind around that. the essay on robinson and then went back, and that more research on roosevelt to find out what was going on. i read about roosevelt i started to get all this information about him as a lover of poetry. i was stunned by it. so i wrote an essay on that. then i thought i was finished, i started to recall

i'm cory johnson.his is my iphone. i ordered it the first day it was available and it took about six weeks to arrive. it turns out i'm not the only one. some are still waiting for theirs. g munter is with me to talk about the issue. i ordered the iphone 6 plus with the most amount of memory in the gray color. it took me about six weeks to get it. is that a common experience? >> it is. there are certain carriers that have better inventory, but ultimately, the supply has been really tight. the reason is, the demand seems to be better than the people had thought. it is hard to figure out which is driving what. one thing that we can do is measure at the apple stores how much inventory they have of phones. typically, two months after a product launch, they should have 100% of the sku's in but right now it is at about 60%. two months later, it is still not widely available. >> are there certain components in the 6 and 6 plus that suggest it is not a supply issue? >> the components that they have -- i think t

cory and i spoke with a potential with our contributing editor david kirkpatrick.ed how big a threat facebook is. >> yammer was feted to bring social networking inside the enterprise. i think this is a business opportunity. i think there are a bunch of reasons to wonder why they would do what it needs to do to go after this opportunity. >> like what? >> are this is -- the market here is for businesses to outsource their internet to be run by facebook. that is the software that businesses are looking for. the reason we thought that would happen at yammer was employees want their internet to look like a social network. a they don't have the design expertise to do that. i do wonder on the security side of if they are going to want to do the things that enterprise will want them to do. there is a question about whether they will be able to convince enterprises and employees that know the content would be co-mingled with the sort of consumer facebook. how these products are separate, it would be a little bit of a headache for them. i think that is a huge issue. there is

i'm cory johnson. oh, no, aereo.oks like their quest to disrupt the tv industry -- they are toast. the online streaming service filing for bankruptcy protection. last june, the supreme court agreed with the broadcasters that aereo's service violated program copyright protections. joining us is david bank. david, this aereo thing has got a lot of attention. consumers seem to really love this thing. what is the lasting takeaway of the end of aereo? >> i think it was a really interesting product from a consumer utility perspective. i don't know how many subscribers there were ultimately. i think the court documents discussed some of the subscriber base. it showed it was not enormous. i think that change in the media ecosystem is painful. there is clearly an innovator's dilemma. it seems to come from outside the system. i think aereo's contribution was probably a push. a push to continue to make the media evolved to see some of these À la cart products. cbs all access, over-the-top products. could that have been a cataly

last night, cory gardner carries it by a whisker.hat happened here speaks to lack of motivation among latino voters in colorado. this a heavily latino county. there's a very large latino population here. it looks like that population, which was there in 2010 for the democrats and helped save michael bennett was not there last night. and cory gardner turned what was a 12-point deficit in this county into a win last night. >> yeah, the democrats definitely have their work cut out for them. steve kornacki, always nice to see you. on this day after the midterm election, take a look, the republican wave across capitol hill apparently having an impact on the markets. they are starting off with a positive reaction. right now, the dow is up already close to 70 points. this reaction on wall street also due in part to a better than expected robert on the jobs market. and coming up right here on "the daily rundown," the role that voter i.d. laws played and where they may stand for 2016. first, like we like to do, the white house soup of the day

joining us from amazon web services conference in las vegas is cory johnson and by skype, the founder of the ideological company that has been involved with publishing were nearly 50 years. we don't know the details of the deal how but both sides say they are pleased. what is your take? >> my take is i think everybody is glad it is over and i think the other side of relief is from simon & schuster who did the deal with amazon in the last few weeks. simon & schuster made a deal where they can pull the prices and the nightmare for them would have then nobody else did and amazon would be cutting everyone else's prices and there's would remain high. i think simon & schuster is pleased that amazon seems to be moving toward similar deals with all the publishers were publishers will be setting prices. >> cori, you are at the conference right now. any indication why the breakthrough? >> the amazon web services business really stands separate from the book publishing business. but the publishing business runs on the very same server. this conference is focused on the technologies that make the

cory gardner knows how personal contact with voters can make a big difference. change used to be obama's buzzword but republicans are the ones calling for it now. >> i don't want obama in anymore. we need a change in this country so it is time for cory gardner to get into the senate and change some things for us. >> colorado voters have the power to tip the senate majority in the republicans favor. then that means democrats will lose control of both houses making it tougher to push their policies forward. >> large swathes of what srs province. >> evacuating 1000 people as water levels continue to rise. the flooding hit after a storm lashed the area with high wind and heavy rain damaging homes and infrastructure. the governor has promised credit for flood victims. >> japan's central bank has announced stimulus measures to revive growth. it will increase the amount of money pumped into markets by 700 billion euros a year. >> the bank of japan chief says the measures were crucial to lifting the nation out of deflation. the unexpected moves has the nikkei soaring to

cory gardner, putting one of seven seats back to the republicans and he joins us in moments. we begin tonight with iran. the white house failing to notify the supreme leader come including israel and saudi arabia. twenty now is robert scales, former common than of the u.s. army college. thank you for being with us. lou: the white house press secretary speaking on behalf of the government today. let's listen to what he said. >> there is a pretty clear interests that iran has in this fight against isis. it is not good to have this extremist group carrying out terrible acts of violence is beyond what is your reaction, general? >> i think that it is fairly clear that the united states should never make a deal with the devil because it will always turn out to be a bad deal. remember that iran is the world's largest exporter of terrorism. the export far more terrorism than isis dies. if things do not go right over the next three weeks they could very well be on the quick path to a nuclear weapon. there should be no quid pro quo in any of this for the united states and we should nev

suburbs, cory gardner. putting up the race.ooking at numbers in colorado, yes a way to go they know. about to lose that one. they better hold iowa. >> iowa, polls about to close there. we'll see what is going to happen there. we will also see what is happening in montana. cnn has a projection right now. in montana we predict republican, steve daines will be the next united states senator, another republican pickup. now the magic number for republicans, down to two. they need two more pickups from democratic seats. they will be the majority in the united states senate. in iowa, we cannot make a projection. based on the information we have right now. bruce braley, joni ernst. in nebraska, republican, will be the next united states senator from the state of nebraska. ben sasse. we are watching other races in wyoming. we projected, the republican senator from wyoming, mike enzi. al franken from the state of minnesota. defeating the former comedian, now the senator, al franken. gets himself re-elected easier than six years ago. here

cory, where are you? are you playing craft?re the amazon web service here at the hotel in las vegas. ♪ people, will you height down? it is 60%. that is the pace of growth for the web service according to our analyst. there are 10,000 programmers and i.t. professionals in las vegas, learning about amazon. scope of this business, it is impossible to fathom. they added 200 features this year alone. a lot of them were announced here today. it is changing the face of i.t.. to dominateming what the internet is with all these new features added, the deed percent growth amazon probably has. to trackn it is hard is because they keep cutting prices. they cut prices 44 times as 2008. the rest of amazon associate and so too are the services. >> here is the question. what does amazon have to do with a gondola? question much, really, but i figured, when in rome, or venice, you know. >> that means you are off to the craps tables at this. -- after this. i knew it. >> i have got to pay somehow. you can take care of the shopping. i know that. >>

. >>> up next, senator-elect cory gardner flipped colorado. can he change washington too?> plus, which presidential hopeful from the republican side got the biggest boost from the midterms? was hillary helped or hurt? that's all coming up in just two minutes. ut life insurance. but when we start worrying about tomorrow, we miss out on the things that matter today. ♪ at axa, we offer advice and help you break down your insurance goals into small, manageable steps. because when you plan for tomorrow, it helps you live for today. can we help you take a small step? for advice, retirement, and life insurance, connect with axa. >>> we came short on keeping our republican majority in the senate. now, this is not the outcome we sought but our agenda remains unchanged, and i look forward to its attainment. >> and i accept my share of the responsibility in the result of the elections. i think that the republican congressional leadership will at least have the chance to work with us. i'm going to do my dead level best to do that and to be less partisan. >> this is a close election. i

i'm cory johnson.ten some of the most famous lines in american history will stop he's also behind "the west wing was quote and "the social network." now the steve jobs biopic is going to be a real thing. emily chang talked to him about that. here's a sneak peak. >> there have been so many books written about the jobs, there's been another movie about steve jobs with ashton kutcher. why do you think there's more of a story to tell? >> i think you could do 10 more movies about the jobs. if you line that 10 writers and said write a movie about steve 10 differentld get movies. >> did you ever meet steve jobs? >> i talked to him on the phone several times. where i saiderview everything i've ever written, i've written on a mat. he called me to thank me for saying that and asked me if he could send me -- they were coming out with a new lap top. he said let me send you this thing and play around with it and tell me what you think. me, itond time he called was to invite me to the bay area to pixar. he wanted to

cory johnson at the amazon conference in las vegas. ideologicale ceo of company for weighing in on the deal today. you can catch more of my interview with malcolm gladwell. don't miss the full edition of studio 1.0 tonight only on bloomberg television. up next, the pilot who survived the virgin galactic crash telling his amazing story. find out how he lived after the spacecraft broke up in midair. ♪ >> welcome back to "bloomberg west." i'm emily chang. the sole survivor of the virgin galactic crash is sharing his remarkable story of survival. he said his parachute opened by it tells after he was thrown into the air nine miles above earth will stop joining me now from washington is bloomberg news reporter alan levin. how did he survive when his spacecraft is integrated midair? >> it is a really amazing and remarkable story. still only have sketchy details but his story is starting to emerge will stop he says the spacecraft disintegrated around him. he was not wearing a pressure suit which astronauts and fighter pilots normally wear at a

and also advances in trade. >> cory bowles, joining us from washington.eter cook joining us from louisville, kentucky. and from littleton, colorado, josh green of bloomberg businessweek. gentlemen, thank you. -- you can watch this on bloomberg tv for copperheads of election ash comprehensive election results. we have extended coverage of the results starting at 7:00 new york time it. mightd the election all or through midnight, at least it could go all my long. "bottom line," continues in a moment. >> welcome back. let's get a quick look on the top stories we are on this election day in the united states. oil tumbled to a three-year low with saudi arabia applies cuts deepened -- price cuts deep into selloff. global demand growth slowed and supplies swelled from producers outside opec, with united states pumping out the fastest pace in more than 30 years. that's a look at one of the top stories we're following on this tuesday. ♪ >> a quiet day on the equity markets on this election day, 2014. most u.s. stocks falling, pulling the s&p down from a near recor

and cory gardner in colorado has been using it against mark udall. been using it in her race. add to that the fact that the democrats have always had to deal with the reality of economic anxiety in the country, polling continues to say 65% of people think the country's going in the wrong direction. the national security anxiety over ebola hit them late and has put the democrats on the defensive, kind of pushed them off their game of blaming republicans for war on women, that sort of thing. so, i think that in states like colorado and iowa the republicans feel the momentum for that reason is building in their direction. >> and two states, kim, that the republicans have to hold if they're going to keep the majority i think. >> that's right. >> kansas, pat roberts the incumbent is running against an independent greg orman and then in kentucky where mitch mcconnell the minority leader hopes to be majority leader is locked in a very tight race. how do you see those? >> yeah. the republicans are feeling very confident about kentucky at the moment. mitch mc

all right, corie i want to start with you. because you are it. you are this is the sharing economy what you do. and it's interesting what you said about your business is, this is not about income levels. >> no. >> so you rent bridesmaid dresses so i don't have to spend hundreds of dollars buying a dress i'm going to wear once. who is your audience? >> it's really less about an income demographic and more just a state of mind. it's been everyone from a younger -- a younger person who had just graduated college whose friends might not be able to afford it, all the way up to maybe, you know, you're getting married at an older age, and your friends have been through it already. i think universally no woman wants to buy a bridesmaid dress. >> is this a shift that is -- i mean it is fundamentally changing the way we think about things, the pley company, legos, if i can rent legos, am i going to be renting everything all of us who have small businesses that sell things or services, should we be thinking about this? >> i think absolutely. i think it's a

cory johnson is in the newsroom with more. >> x prize is a fascinating thing. public competition to encourage different kinds of technological the relevant. it has drawn big names. there new chairman, bob weiss. it's an amazing thing with the x prize has rocked. -- wraught. was the notion bring tourists to space or more than that? than that.e certainly that is at the core of virgin galactic's business. one must keep in mind we are trying to open a new frontier. reducing the cost and risk of going to space is part of that. wethe x prize foundation, believe that a lot of the earth's issues can be solved by proper use of space. we believe in the closed system, when those consumers are gone, then we are in trouble. space offers that potential. virgin galactic's efforts to spend -- to send individuals to space is part of that larger opening of a new frontier. >> i was out there in the desert 10 years ago when the x prize was one --won. paul allen's money was behind it. the notion it was going to launch a new private space race seemed ridiculous, and yet here we are

i will talk with cory gardner on i will talk with cory gardner on why his state took a red turn. ♪ ♪u've got to make every second count. banking designed for the way you live your life. so you can welcome your family home... for the first time. chase. so you can. >> the republican tie turned colorado from blue to red when voters elected cory gardner. rejecting, mark udall. earlier i asked senator elect gardner how he got the win. >> well, you know we went around the state over eight months talking about our vision. one of the things people have to understand about colorado the they vote for people who they belief are going to put solutions first. that are going to wear well with the state. i think over the past several months we proved that to the people of colorado. >> what is your reaction to president obama's remarks. were you expecting him to say that he was still possibly going to do this immigration executive order. >> well, again, i think that is a tremendous pressure from him. from a lot of people on his side of the tiaisle to do that. focus on the message of last night. the

i am cory johnson.is "bloomberg west." latestpple pay is the tried to change the way we use our money, and others like squared and paypal have been involved, but how do these credit card companies keep a seat at the table? the conference in sunny half moon bay. what is going on? >> aren't you jealous? i am warm and cozy out here. blue skies. we have it all. warmthn for its some and -- sun and want, except when it is not. >> a ceo of city ventures, who really opened the office, and you guys are in a lead -- league of your own. none of the other banks are doing what you are doing, right? >> i think we are looking at creating a complete system of innovation, and part of that is starting with our venture activity. >> had you deal with the sequoia or others? >> we actually partner with them, and the real opportunity we can bring to their companies is we can help their companies scale. we talked about the way we invest. wes is to take them where see there are opportunities and find the right place to insert t

cory gardener from colorado, david perdue from georgia. the atmosphere is pretty sell baa story. mcconnell's staff is excited. everyone is excited to be here. they brought their families. i think at this point it's really we're in the orientation phase and not necessarily into