switzerland, business and thought leaders from across the world carlyle group cofounder and chairman david rubensteinjoin me with the strength, use economy and investing in china. meanwhile the green energy agenda front and center from john kerry's extraterrestrial plans to save the world and al gore's warning about rain bombs and climate activists protesting oil and gas companies, chevron chairman and ceo michael worth here to respond. semiconductors are used for everything now intel seal on the geopolitical impact of the global chip wars and what his company is doing now to boost manufacturing in america. but first here's a look at where markets ended at wild week more negative economic data fueling fears of recession. this is the reaches its debt limit this week treasury secretary janet yellen employing extraordinary measures to keep the lights on for the time being as congress is at odds scrambling to come up with a plan to cut spending or lift the debt ceiling i asked the carlyle group david rubenstein how this all plays out. >> when i left the white house in 1981 under president carter we had 9

david rubenstein joining me.yoffs on the way for big tech, man power group chief commercial officer becky frankowitz is here with the future of workplace trends. wait until you hear this. stay with us. ♪ sweet emotion. ♪ sweet emotion who's on it with jardiance? ♪ ♪ we're the ones getting it done. we're managing type 2 diabetes and heart risk. we're on it with jardiance. join the growing number of people who are on it with the once-daily pill, jardiance. jardiance not only lowers a1c, it goes beyond to reduce the risk of cardiovascular death for adults with type 2 diabetes and known heart disease. and jardiance may help you lose some weight. jardiance may cause serious side effects including ketoacidosis that may be fatal, dehydration, (that can lead to sudden worsening of kidney function), and genital yeast or urinary tract infections. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking jardiance and call your doctor right away if you have symptoms of this infection,

david rubenstein has the proof, shows private equity deals are coming back this year.hat do the billionaire brainiacs see others do not? we'll ask them. ken fisher, david rubenstein are here, only here. so is new hampshire governor chris sununu. he has never been afraid to si in. g donald trump but now he is. inging ron desantis. the new hampshire primary is less than a year away. can you believe that? welcome, earning, i'm neil cavuto, including what is happening with technology stocks today. they're rip-roaring away. you will find our connell mcshane at the nasdaq market site following all of that. connell? >> reporter: neil it has been a theme here early in 2023. you come into work a big-name technology company announces it is cutting jobs. the stock price of the company then goes up. many times the rest of the tech sector or in stocks in it follow suit. today spotify an example of that. one of the best-known names in the modern music world. that stock has been a big gainer here at nasdaq today, cutting 6% of its workforce. we're adding spotify to the growing list o

david rubenstein's show tonight, look for that at 9:00 p.m.. mr. ohnson was first in early. why aren't there more bob johnson's? >> his view is the white business community gives a lot of lipservice to helping black entrepreneurs but in reality very little money shows up. bob johnson was the first black billionaire in the united states and after he built bet, like entertainment television he bought the charlotte hornets and also me -- ultimately sold it to michael jordan. he is a very wealthy, smart person but his view is the white business community is probably better at lipservice fan reality of helping black entrepreneurs. tom: you live this every day, as we do at bloomberg. the modern finance system co-opted black innovation is what it really comes down to, how do you see david that we nurture this forward to develop more bob johnson's? >> you have a 200-year-old problem you're not going to solve overnight. there has been a lot of progress in the last for years and much greater emphasis on diversity, equity, and inclusion. but you have a 100, 20

billionaire david rubenstein and rob snyder are your guests. but first i want to begin with this.t's probably not news to you watching tonight that the media leans kind of left. but when the stories got big the divide between the parties and the media diminished or disappeared. look back at 1973. republican president richard nixon. why did he resign? because republicans gave him no option. >> i have come to the conclusion that richard m. nixon has beyond a reasonable doubt committed impeachable offenses which are in my judgment of such sufficient magnitude that he should be removed from office. brian: that's a republican. and it was a majority. bill clinton, the monica lewinsky link was revealed bit "new york times." "the washington post" aggressively pursued the hillary clinton email scandal. but somewhere along the way media companies lost their way and accountability and transparency. the only thing they could rally around was everything donald trump did was wrong. the latest example. mar-a-lago. >> we begin this hour with one word. unprecedented. >> today we are in uncharted t

so it is no surprise that our wonderful friend david rubenstein was a featured part of the galas program. everybody in the room was moved by mr. rubenstein's powerful and poignant remarks as he spoke passionately about why the mission and work of the white house historical association is important to support the white house that we know is much different than the one that was originally designed the ones that was originally designed was much smaller in many ways as many of you may know it's changed over the years and in fact at one point it was so dilapidated in falling apart. that was completely gutted completely gutted when harry trum was president and they started all over again keeping the outside. but the inside of the white house really needed a lot of work in jacqueline. kennedy really made that possible by the extraordinary effort. she made that involves citizens in restoring the white house now, why should we help restore and preserve the white house? well the theory of restoration and preservation, is that by restoring and preserving the past we can make certain that we don't m

david rubenstein with brian armstrong of coinbase tonight. that is tonight at 9 p.m..ough on this with their interior reporting through next tuesday as well. i like to spend some time on radio and tv on the market dynamics we see as we see a lifting of the drama this morning from the faa. the faa, before 9 a.m., says they have a ground left. i will let you describe what that is. look it up. normal air traffic efforts have resumed. it is update five. they have communicated by twitter. thank you, mr. musk. we are resuming gradually. across the nice days, following overnight outages of their system it provides safety for the flight crews. as rubenstein mentioned, that distinction has been lifted, they will continue to look at this. fred chill of arkansas said this was a well modulated staff. we think alan leven, our expert bloomberg on air safety for his comments as well. he made a very clear comment about the enormity and gravity of what we've seen this morning. in the data, we'll get equity bonds and commodities reddit it is really simple. you see yields coming in on a

the carlyle group co-founder david rubenstein, howard lutnick , and maria salazar.ations today. of course, our big interview, west virginia senator joe manchin made some news in terms of the debt ceiling tomorrow, and we also got a sense of the sentiment on the ground. it was not as negative as a lot of people thought about the global economy. yes, a lot of people are expect ing recession and a sharp slowdown this year, but not as detrimental as many expected coming into this meeting, cheryl >> cheryl: maria i think we talked a little bit earlier in the show about these technology layoffs this white collar job loss, if you will, but we still have a pretty tight labor market when it comes to the services sector, when it comes to restaurants, truck drivers, and inflation is slowing. we just got that data 30 minutes ago so i think the feds going to be an interesting data point to watch in two weeks from now when they meet and make their decision on interest rates. >> right. maria: what do you think, kenny? >> right. so i do agree and i think we are going into a recessi

my colleague, colleen, and david rubenstein, national center for white house history, really the educational part of our work. and we publish books. we publish a quarterly magazine. we have concerts, symposium, and publishing and story telling is a vital part of what we do and encouraging friends who can unpack these stories. i asked mark earlier, another book on john kennedy, do we really need another book on john kennedy? but i read the book myself and it reads like a novel. it's insightful and inspiring and i'm finding myself oriented in a different way with the kennedy presidency. and i think you'll all enjoy redding the reading the book. it was 1872 the cornerstone of the white house was laid 200 yards from where we're sitting tonight and a whole lot has taken place since 1792 and tonight we're going to focus on three years on that history. an important three years. and interviewing mark this evening, ann serves as pbs news hour and primary substitute anchor and she's been honored with an emmy award for her nbc news special inside the obama white house. society for features journalism r

billionaire david rubenstein and rob snyder are your guests. but first i want to begin with this.of left. but when the stories got big the divide between the parties and the media diminished or disappeared. look back at

billionaire david rubenstein and rob snyder are your guests. but first i want to begin with this.ind of left. but when the stories got big the divide between the parties and the media diminished or disappeared. look back at

and it closed in 2017 for renovations after they got to a generous grant from david rubenstein keane to bolster its presentation of slavery and if you are up that way, i highly recommend that you look at it. it opened last summer and lee is still a big part of it, but he's downplayed a little bit in the but the the over over examined the lee who lived at full time at arlington house for just a fraction of the years that custis lived there has also, as you all have noted, been subjected to a 21st century demotion. so this presented opportunities for this book that i worked on to come out when it did. so here are george washington parke custis. his parents, john parke custis, known as jackie, also raised at mount vernon. he is the son of martha washington from her first marriage and in the middle seventies, he marries eleanor calvert, who was descended from the lord baltimore line and suburban maryland. and they were married at mount airy, which is in upper marlborough, maryland. and this is where george washington parke custis was born. he was the fourth, the only boy out of four. and

. >> rob snyder, david rubenstein, and how to be happy, they did a study. >> john: first step to becoming happy is ditching the tie as brian demonstrates. >> you are all over this tie thing. >> john: did you leave it in your skiff? >> it's my look. [laughter] i'm not allowed to have a skiff, or a corvette either, so two things. >> sandra: geez, next time wear a tie, brian. >> john: not allowed to have a tie either. >> i feel i'm at men's warehouse. >> john: i'm envious, when i do the news without a tie on, i get a face full from our viewers, saying it's disrespectful. >> if your wife says it's ok, it's ok. i've been checking myself in the monitor, and i think it's ok. >> john: you and i have the same philosophy, happy wife, happy life. >> sandra: all right, gentlemen. >> john: even if she does question our new puppy. >> i did the same thing. >> john: faa blaming personnel who failed to follow procedures after air travel was grounded, comes weeks after southwest airlines mass cancellations left thousands stranded over the holidays. grady trimble is live in the chicago bureau. so, what more

today we continue to undertake that work my colleague my colleague colleen shogun leads our david and rubenstein national center for white house history, which is really the educational part of our work and we published books. we publish a quarterly magazine. we have conferences symposia book events like this. so publishing and storytelling is a vital part >> . >> i' read the book myself and finding myself reoriented in a special way to the kennedy presidency and we can think mark for the annual on removing the book. about 200 yards from where we are sitting now taking place in those years in 1792 and tonight we will focus on three years of that history a very important three years. interviewing mark this evening serving as the pbs news hour chief correspondent and primary substitute anger and honored with the media award for her news special inside the obama white house a society award and recipient of the national reporting project01 fellowship and in 2019 receive the peabody award for a global plastic problem and will discuss a terrific new book which remarkably re-examines s the kennedy pres

i love beating up on david rubenstein and this is an example, he dishes it right back. went hand a few years ago, that was on fire. they want to talk about hope. jonathan: i remember brian -- remember when president xi spoke to the audience in davos and all the articles came out. what was that nonsense about? i have been inside and outside of the world economic forum and people get carried away with what happens there, don't you think? tom: i have seen you outside of the wall and those two hockey players, they go from unit and then come up to davos -- from munich and come up to davos. there is a whole second davos going on. jonathan: what is it? tom: it is a lot of people and relationships and there are a lot of people there to be there looking to make one or two relationship contracts. i get stopped on the street with people who don't know and just trying to sell me something. jonathan: equities right now on the s&p down .2%. head of equity strategy at wells fargo will join us in just a moment. i love this line from morgan stanley, bear markets are designed to confuse i

this is exactly from david rubenstein yesterday. all of a sudden, gravity is back.vity is back in amazon. jonathan: that is a big change. we will take a different take on this right now. alex is looking away from the financials in the broader social aspect of these jobs announcements. what is the social ramifications in salesforce? alex: i think as you guys have been alluding to come of perennial growth story. you go to these companies, these companies have not really done big layoffs before. you have to wonder whether there is a affects culturally on the inside. they're called financial stories. you look in salesforce, they have been enjoying 30% growth for the first part of the decade. that is going to come right down. all of a sudden, far from being growth stocks, they have to focus on the bottom line. i think the number is interesting when you compare amazon and salesforce. is it looking at revenue for employee. it has come down because amazon overly expanded. salesforce has continued to climb. the revenue number itself is not growing quickly. as mike wilson was

we know that david rubenstein is one of the founders, and he is active with uber television.his goes to two guys who are exiting or rumor to exit. mark mason at citigroup, and also the other day, it was reported mr. preuss in. it is fascinating about the turmoil we expect to see. we expect to see these companies rationalize a succession path. >> a lot of these folks have been in these positions for a very long time, especially at big banks were there is a lot of lack of movement at the very top of the banks. some people have been there for a certain amount of years now, so it is a progress story for them. but when you look at morgan stanley and j.p. morgan, it is a second rank you have to worry about with attrition. some people are retiring, and you can see that in a recession. >> last week with morgan stanley. >> one of the reasons this is so interesting is that there is a cfo role. over at alphabet, you long watch john to see what his next move would be. >> mark mason and jane fraser at citigroup it is this from another place? >> they move together. mark mason and jane fras

. >> that is for schwartzman and the other guys david rubenstein we had to do that. we got rid of carried interest someone got to sinema. >> i do. >> you make all these phone calls. what happened? >> i don't know. we talked about this >> i know. why don't you know are they clamming up when you try to find out? >> yeah. nobody will give you a straight answer >> that would happen carried interest finally. the last minute they switched. >> krysten sinema. >> she's got a big future in private equity hedge funds perhaps, right >> it's possible >>> ibm reporting results after the bell the tech giant posting stronger revenue and that was driven by the software full year came in at $3 billion more than a year ago on top of the results, ibm announcing layoffs 3,900 employees which is 1.5% of the work force ibmshares are down 2% this morning. i did speak with the ceo yesterday about the numbers. what was interesting is he said back in october he expected to sea see weakness in europe that never materialed. numbers were very strong big deals came through the cash flow was light

also later we have the carlyle group's co-founder and cochairman david rubenstein.o much in between right now let's get to today's market action. not too much movement at this point. dow futures are up by 8. this comes after a pretty devastated day yesterday s&p 500 is up by 4 the nasdaq was actually in positive territory it's indicated up noop another 17 points this morning you'll see after that news from the bank of japan, which was no news, again, a surprise, we'll talk about that in a moment, after that you can see the 10-year back to 3.479% pressure across the entire yield curve with the 2-year yielding 4.181% take a look at bitcoin crypto up 2 7% this year. >>> we're going to get the government's second read on inflation with the producer price increase also we'll be getting the latest reading on consumer with the december retail sales. we'll be chewing over that and trying to figure out -- it's all backwards looking but it givens a forward look on what's going to happen next. >> for the news business since it's, you know, very early in the year, i think we ca

the markets and whether portfolios are set to grow or shrink here's what the carlyle group's david rubensteinest. it's a good time to invest now because i think the markets are not going to see another 20% drop in public prices. i think that'sprobably past us and i think we're probably coming back to the point where people are going to feel very comfortable investing. >> okay, so, if we have to look back at this week and try and take away some sort of a theme, look, i came into this thinking that ceos were going to be a lot more pessimistic than they have been a lot of people are worried that a recession is coming, but when you talk to theceos themselves they feel pretty good. >> i'm bullish >> that's where you're coming out? >> we have had not only the governors, the senators we've talked to, the ceos we've talked to, they say, i can meet with six months worth of people by coming here if i schedule my day properly the shows that we put on here, have we not had a line-up that would take weeks to probably plan so, the more it's criticized now i'm starting to like it and i'm not davos man. we k

am a senior vice president at the white house historical association and the director of the david rubenstein national center for white house history. the white house historical association is a nonprofit, nonpartisan organization with a mission to educate americans about the rich and diverse history of the white house and the people who lived and worked there. our guest this evening is michael giorgione. mike is a retired rear admiral from the navy's civil engineer corps. he served in a variety of assignments around the world in his 29 year military career. including as commander of camp david. after military retirement in 2010, mike has worked in private industry and now is the chief executive officer of a building information systems technology company headquartered in his hometown of pittsburgh. in october, 2017, he published his first book, inside camp david. the private world of the presidential retreat. mike travels often speaking about the book. he has been covered by the wall street journal, the today show, smithsonian, npr, c-span and many other print radio and television outlets. a

rubenstein joins us. this guy reminds me of alan mulally with four more -- ford motor. how is michael wirth different from other ceos at the oil patch. davide and smart and low-key and doesn't do many interviews but he has done his job very well and i think he has built the company into a strong position and has a market capitalization of about $300 billion and the company keeps growing and doing well and he lost out at acquisition to occidental but other than that, most things he has pursued, he has achieved. tom: the stereotype is that -- oil companies will do a joint venture. is there a new effort chevron? -- pat for --path for chevron? david: the paths were shelved and they will not be put together again and oil prices went up to $120 per barrel in the oil companies have decided not to pursue those ot billion-dollar project so they are using the facilities and the oil fields they have and they are exploring new ones but not for expensive things that we see in pr take -- the arctic. lisa: even as profits surged to record highs, we are talking about a $37 billion profit for chevron last year and that is more than 40% higher than their la