. >> i'm watching dave and buster's, scoring a win today. shares up more than 11%, their highest since june 2019. this is a private equity giant disclosed its stake in dave and buster's. that includes shares and options. shares in dave and buster's have tumbled in the past years. that happened after a surprise decline in quarterly sales, which is a key measure of retailers. >> i'm taking a look at the fixed income space. if you want to take a look at a chart here, i wanted to measure the triple d space. that is the lowest rated debt within the corporate bond market. it is about 50%. the problem is, if there is any risk of economic slowdown, these are at risk of being cut to junk. guggenheim just the latest to think the party is ending for triple d bonds. kkr cutting their exposure to this type of debt. thanks to taylor and everyone there. back to that news on best buy. shares are moving lower after hours. this is based on a report from dow jones saying the current ceo, corey perry, who took over in june, had an inappropriate relationship with

dave & buster's up 11.25% right now to $46.76. >>> we've got this breaking news. we are waiting for president trump to depart the white house as air force one waits on the tarmac at joint base andrews. the president will jet off for a weekend at mar-a-lago after quite a busy week at the white house. the signing of phase one of the china trade agreement, the passage of the united states mexico and canada trade deal in the senate, and the beginning of the impeachment trial in the senate as well. now those two trade deals done, team trump and the president turning the attention to another major trading partner and that would be the european union. there is tension, edward lawrence, already on that front, is there not? reporter: absolutely, liz. high stakes drama here but we got a little peek today into what the president is going to use for his re-election bid. you got it, it's all about what you mentioned, all about the economy. listen to white house economic adviser larry kudlow here. >> re-elect president trump for four more years and you will get lower tax rates

. >> jimmy: dave & buster's. >> dave & buster's [ laughter ] but i saw him at the club and one of hiseveryone knows justin bieber, right? like, everyone grew up -- at least i grew up listening to his music. i know all about him i was so nervous >> jimmy: me, too. >> and, yeah [ laughter ] and he's walking -- he's walking over to me and i say, "hi, i'm david." and he's like, "hi, i'm justin." i was like, "i know. i was so excited [ laughter ] and then -- and then you're at the club so you're kind of just standing next to each other for a little bit and then he walks by me. he walks by me like he's going to get a drink >> jimmy: do you want me to be you? >> yeah, you be me you be me. [ laughter ] [ cheers and applause yeah, it's like this we're at the club. [ cheers and applause and he walks by me -- he walks by me and he goes, "tickle, tickle." >> jimmy: he did not [ laughter and applause no, no >> i swear to god. i swear to god and he said it out loud. he goes, "tickle, tickle." and i go, "okay. cool." i go, "we're here. >> jimmy: "tickle, tickle. he did that? it felt so good after he

and the far right national news drop or publishing of produced a symbolic death certificate which dave buster out in a city but the police dropped the investigation just one or 2 weeks. before he was killed in. the assassination coming 30 years after the 1st free elections in poland casts a shadow over the good danske where the struggle for freedom against communist rule had its 1st victory not only in poland but arguably in the whole of eastern europe as a vote again upwards here could guys elect someone as are more democrats here on earth as the next advisory a populist i mean there might be mommy quote but. the reelection of gyrus kaczynski is lauren justice party just 2 weeks before the 30th anniversary of the fall of the berlin wall center a chill wind across the continent of europe. in several countries but once communism held sway not a populist nationalism dominates some of the rhetoric has changed but the authoritarianism that many once dreamed of the scaping keeps rearing its ugly head . a healthy environment depends on a healthy insect population but across the world. numbers are d

in has taken a 6.6% stake dave and buster's. kk car headset discussion with the management. lso might have talks with dave and busters shareholders. shrink theontinue to north american business as demand is dropping off. it can it is confident keep improving cash flow this year. fourth-quarter quarter earnings beat estimates. meyer is on the verge of celebrating 75,000 claims. a mediator said he is cautiously optimistic. the number of cases may have doubled in the third quarter. bayer have lost combined damages of $191. bloombergur latest business fresh. -- flash. the dow is flat on the session. down two points. the s&p 500 is hanging onto a gang of 2.5 points -- a gain of 2.5 points. isgging it lower unitedhealth, ibm, chevron, caterpillar. companies across the board having a negative impact. it is not too volatile out there. guy: it certainly is not. people are shorting that one. the ftse 100 up .8%. boost from the a phil hogan comments that came out of d.c. yesterday. stocks are doing well today. close here ine europe. that is where we are heading. three minutes ago. europ

kkr has taken a 6.6% stake in dave and buster's, the restaurant and game room chain.ays it's had discussions with the company's management about business strategy. actions,ke certain including changes to the board. schlumberger will continue to shrink in north america. the world's largest provider of oilfield services says demand for shale producers is dropping off. that is your latest bloomberg business flash. up next, we are going to be talking to lazard's jim rossman, get his take on what is happening in activism. a lot of that is taking place in europe. this is bloomberg. ♪ ♪ live from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is "bloomberg markets." let's check in with the bloomberg first word news. here's ritika gupta. ritika: president trump has named constitutional lawyer alan dershowitz to represent him in his senate impeachment trial. dershowitz confirmed he will be making oral arguments. bloomberg has learned trump also added former prosecutors can star and robert ray -- prosecutors ken starr and robert ray to his team. u.s.ry prod

i wanted to mention dave & buster's it's small, but kkr files for the 6.3% position, total purchase priceven the market cap is about $77 million. but what's interesting along with the 16% increase in the stock price is that kkr does in the language of their 13d say they will certainly consider taking actions concerning any extraordinary corporate transactions including but not limited to a merger, reorganization, liquidation, sale or transfer of material amount of assets, change in the board of directors and management it reads like an activist 13d. called kkr because they don't engaming in activism they were maim fame us for never engaging in what they would call a hostile. i'll take it for what it is. stock is up a lot. >> interesting >>> it's been challenging days for dave & buster's past couple of squarptquarters, hi, seema. >> japan and south korea closing at a 15-month high, europe at a record high looking at the stock 600 up about 1%, all of this following's china's gdp holding to a 6% level, another sign of stabilization. home builders at this hour after a blow-away housing starts

shares in dave and buster's are soaring to the highest level since june, after kkr is closed in a filingned nearly 11%. plans to push for changes at the restaurant chain. they may take action including transactions including board or management changes. they also said they would continue discussions with management or the board about business operations and strategy. twitter ceo jack dorsey got some advice on his company from none other than elon musk. internalfor it in an meeting with twitter employees, asking how he would fix a social network. musk said it would be helpful to differentiate between real and fake users and try to see what people are upset about, instead of minutes late and of the system by different interest groups. an interesting question, whether twitter would stand to benefit from identifying the bots. you get the sense that twitter does not want to go there. vonnie: you have to think this is a little bit of a pr move. thousands of employees watching this live. two of the most influential people, and then chrissy teigen came on afterward. you are right. maybe a bit of

you got dave & buster's. you have indoor go-karting tracks. to tap into the 40 million tourists that come here. lemonis: right. taylor: how do we do that? lemonis: what would the business make in a year, decent money? jerry: actually, last year, we did about 2.4. lemonis: that's not bad. i want you to walk me through where that $2.4 million of revenue comes from, and i'd like to just walk the property and understand. jerry: sure. okay. cool. all right. lemonis: so we'll start over at the front door. so how much revenue comes from karting? jerry: 60% would be karting revenue. lemonis: okay. how about the video games? how much is that a part of the revenue? jerry: 10%. lemonis: okay, and how much is the food? jerry: about another 5%. lemonis: okay, so right now, we're only at 75%. jerry: okay. now we got these other attractions right here, these kiddie rides, we call them. lemonis: okay. jerry: that would probably be the other 25%. lemonis: okay. i want to understand where the real money-making opportunity is here. how much comes from karting? h

taking a 6.6% stake in dave and busters. k.k.r. the company's management about business and strategy. the buyout firm also may have talked with dave and busters shareholders. it may take certain actions ncluding changes to the board. they'll shrink their north american business. demand from shale producers is dropping off. schlumberger says it's confident it can keep improving cash flow and fourth quarter earnings beating estimates. it's a marriage made in marketing heavens. netflix and ben and jerry's teaming up for a new ice cream flavor. peanut butter ice cream with lted pretzels swird in fudge brownies. the two companies hope you'll grab a point or two the next time you stretch out on the couch to binge watch netflix. that's your news flash. alix: thanks, viviana. we will loo look at companies worth watching. we will focus on netflix. joining us now, mark boidman, p.j. solomon, and julia coronado is still with me. you know you've made it big if you get an ice cream named after you from ben and jerry's. mark: bold move by netfli

14 cents a share citigroup's analysts calling the results weak across the board and finally, dave and buster'smbol, play, the private equity firm kkr disclosing a 10.7% stake in the company leading some to speculate a takeover is possible, morgan, at some point >> shares of comcast are moving higher as well after unveiling the peacock streaming service. peacock trying to stand out in a crowded field by offering three different pricing tiers, including a free version that's supported by ads for more on wall street's reaction, let's bring in julia >> morgamorgan, that's right peacock is looking to be a new version of broadcast tv. but for the internet nbc universal forecasting that peacock will have between 30 million and 35 million active accounts by 2024 peacock is looking to differentiate from the crowded landscape for on demand subscription services not just with its free ad supported option but with early access to late night shows, live olympics coverage, live breaking news and exclusive access to films. now analysts are largely bullish on peacock's focus for growing demand for video ads a

buster around. we'll have a first on cnbc interview with boeing ceo dave calhoun. >> announcer: don't forget to subscribeour podcast look for us on apple podcast or your favorite podcast app and subscribe today. [cymbals clanging] [knocking] room for seven. and much, much more. the first-ever glb. lease the glb 250 suv for just $419 a month at your local mercedes-benz dealer. apps except work.rywhere... why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com >>> apple reported record breaking revenue thanks to strong sales of iphone 11 and air pods shares of the widely-owned trillion-dollar stock, moving up again there. tim cook making comments on the potential impact of the coronavirus. josh has a look at all of it >> one issue front and center for investors, how the coronavirus impacts ap