i haven't done anything. >> take it easy, ed. face it.o sell your house, i want to sell it for you. that is my business. but there are some things we just can't do. that sign is a terrible thing. it is an open invitation to anybody. you have been here long enough to know we don't do things that way. >> now listen -- >> i had a dozen people in here who would have taken your place. i have to consider the community. a lot of us are going to be here for a long time. now take a tip from an old friend, forget this whole thing and let me take care of your house. >> out of line? that is ted for you. you either see things his way, or you are out of line. >> when none of those people showed up, i knew there was going to be talked, but what was i supposed to do? slam a door in their face? >> where is lori? >> she is outside with bobby. he got a new bike and promised to give her a ride. >> how about some fishing saturday? >> nothing doing, dad. bob promised to put up the wallpaper in the dinette weeks ago, but he has been finding the darndest excuses

ed whalen, we clerked the same year. that's where we got to know each other, and ed, his really been at the center of this. this is the third volume. ed and christopher scalia edited the first to scalia speaks and school gentleman on faith. the first one was speeches, generic, scalia on faith on faith and this one on law. so i only came in for this one, but ed had been -- justice scalia at one reunion came up to the two of us, and he said something -- at first i didn't quite understand and he goes, oh, it's my knight errant, errant. not my knight who has erredded. my knight who looked after me. and he was not referring to me. he was referring to ed whalen and now i think he just ignored me. doesn't make me feel very good, but ed has been a testifieder of justice scalias works just as must back bone uncompromising and everybody needs a friend like that. ed whalen had ahs been that good of a friend. >> anybody. >> anybody who knows follows the bench reviews, i get me news from ed before i get it from anyone else, you're ye

ed whalen has been that kind of friend to him. >> ed has certainly done a lot of good work. anyone who follows his bench memos for national review knows how on top of things he is. i get my news from ed -- >> you're doing the same thing, you're complimenting him and not me. [laughter] have you not yet gotten a sense of how sensitive i am to that? [laughter] >> well, ed merits the compliment. justice scalia finish. [laughter] it's often -- as do you, as do you. [laughter] >> i'm making fun of myself. [laughter] >> justice and a -- scalia's often called the founder of originalism, and that sort of suggests that originalism was not a mode of judging that existed before, and i don't think that was the way justice scalia would have thought of it. but i'm curious, are there particular legal minds or schools of thought that influenced him, people that he would refer back to that maybe were originalist before it had a name? >> yeah, no, that's a great question. he, he would have agreed with you 100%. he did not invent originalism or textualism. in fact, anyone that would say that wo

it's where ed cobol was treated to a surprise. ed cobol: this came as a big surprise to me.n the occasion of his 95th birthday, or as ed prefers to call it-- ed: it's the 55th anniversary of my 40th birthday. garvin: years ago, ed's daughter alette cobol-temple promised her late mother to always make a big deal about her dad's birthday. ed: did you invite them over? garvin: this year, of course, that was not going to be easy. alette: i had to figure out a way to make it extra special. garvin: so, alette sent out word that there would be a drive-by parade for ed. ♪ ♪ happy birthday to you garvin: she even got the local high school choir to come sing him "happy birthday." and knowing her dad loved getting mail that wasn't junk, she posted on social media asking for cards with interesting stamps because ed loved those. he has received more than 200 of them, and they are still counting. alette even found and developed old negatives of ed and his father, who passed away when he was a baby. he's never before seen a picture of the two of them together. ed: i'm 95 years old. i've ne

taylor: thank you to bloomberg's ed ludlow. will give hius more than just tesla on this program, but i love it. continue to stay with us because it is done with this edition of bloomberg technology. i'm taylor riggs. and bloomberg daybreak: asia is coming up next. this is bloomberg. ♪ ♪ haidi: good morning. we are counting down to asia's major market open. shery: welcome to daybreak asia. our top stories this hour. asian stocks set for gains with astrazeneca, the latest pharma company to deliver positive vaccine results. some analysts question the data, saying they fall short of the high bar set by competitors. joe biden set to name janet yellen as treasury

taylor: thank you to bloomberg's ed ludlow.ou will give us more than just tesla on this program, but i love it. continue to stay with us because it is done with this edition of "bloomberg technology." i'm taylor riggs. and "bloomberg daybreak: asia" is coming up next. this is bloomberg. ♪ businesses today are looking to tomorrow. adapting. innovating. setting the course. but new ways of working demand a new type of network. one that's more than just fast. you need flexibility- to work from anywhere. and manage from everywhere. advanced technology. with serious security. and reliable coverage, nationwide. forward-thinking enterprises, deserve forward-thinking solutions. and that's what we deliver. so bounce forward, with comcast business. wannit's timeight and for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, pu

ed, thank you for your political knowledge.und of music, that strikes me asafamily sound of music, that strikes me as a family who knows how to get through the second lockdown? it is different for us lockdown? it is different for us because last time we had two older kids here and now they are back at university. it's going to be a bit lonelier in the house. we are all looking forward to christmas though and on the one hand, i think boris johnson has got to come up with a solution to christmas. if he tries to keep this going into christmas, that is a big problem for him. on the other hand, i felt watching the press conference today, but his focus on the second of december, his confidence he could relax, richey sooner because not set that day. he is now set that into the spring —— — rishi sunak. i'm not sure it is so wise for borisjohnson to say the second of september because people is pretty uncomfortable in the point of the press conference. ad, very interesting to have you join us. interesting to have you join us. thank you

good evening, ed. >> reporter: good evening, norah.you and major just discussed it comes down to five key states. so, for now, joe biden, like the rest of us, is left to watch and wait. joe biden is on the cusp of history and planning to address the nation tonight in delaware if the race is called. with counting still underway in five key states, his lead is expanding, most notably in pennsylvania, where he pulled away from the president this morning as votes came in from democratic-heavy philadelphia. democratic senator bob casey: >> when the official vote is done he'll win pennsylvania by somewhere north or south of 100,000 votes. he's going to win pennsylvania, get the 20 electoral votes. i think that's the reality. >> reporter: since election day, biden has sought to strike a unifying tone, appealing for calm. >> democracy is sometimes messy. it sometimes requires a little patience as well. >> reporter: but with president trump not expected to concede, the biden campaign today said that voters will decide, and that the united state

thanks to ed ludlow.up, this spac phase is still having its moment as we approach the end of 2020. we hear from the ceo of one insurance company about their journey to go public and why he decided to take this route instead of the traditional ipo. this is bloomberg. ♪ taylor: car insurer metromile going public by jumping on the now trendy bandwagon, spac, which would have been unusual a few years ago. joining us now for more, metromile ceo dan preston. i have to ask, why spac versus a traditional ipo? dan: what we have seen with spac is an opportunity to go public alongside a partner who can deeply understand your business and bring the company public in a way that explains the value of the company in the right kind of way. we have found a partner that deeply understands insurance. as we spoke with them initially, it was a great match because they understand the business and we were able to describe the value of our business. taylor: we spoke with carson block, short seller of muddy waters, who has said t

ed is been that friend him. >> ed is done that work anyone is filed as bench memos he knows how on top of things he is. i get my news from ed before i get it from anyone else. >> you are doing the same thing you're complementing him and not me. [laughter] is not it gotten a sense of how sensitive i am? [laughter] >> justice go leah is often that would be you that would be. [laughter] stomach i'm making fun of mysel myself. >> justice glia is often called the founder of original is in. that sort of suggested original -ism was not a motive judging that existed before. i don't think that is how justice glia's would have thought of it. i don't think he thought of himself as doing anything new. i'm curious are there particular legal minds are schools of thought that influenced him? people he would refer back to that maybe were were originalist before it had a name? >> that's a great question. who would have agreed with you one 100%. he did not invent original -ism or textualism. anyone they would say that would be missing his pointers key point. his key point is judges had always been using

ed: a lot of the messaging is based on future growth.om reported earnings last quarter, they reported the second largest surge in sales of any company on the nasdaq 100. the second half of this year, people were still doing videoconferencing in terms of business and being at home with love ones, things we will probably see over the holiday. in cooper's case, the recession caused businesses to cut expenses. that's what cooper does, a cloud-based expense platform for businesses. out of the pandemic, will they still find red -- find relevance and how long will investors assign value based on the future growth profile? taylor: what is the future growth profile? a lot of managers have talked about the bullishness still out there, evident in a market hitting record highs every day. ed: the bank of america global research survey basically finds pretty extreme bullishness in the market, particularly around tech, which it describes as the most crowded trade. it is similar to the conversation with the previous guest. what covid has done is not jus

ed: absolutely.e are in the midst of discussions with a variety of entities about that exact concept. the ems system has historically brought emergency medical providers to the patient's side and brought the patient to definitive care. in the circumstances there are hundreds of thousands of individuals in the rural and frontier environment that have great difficulty in accessing care. one of the concepts is to move the vaccine to that community and to mass vaccinate those individuals using nurses, paramedics, emts as appropriate to the state to administer that vaccine. address --ge is to the challenges to address is how to transfer that effectively. you know both vaccine candidates require significant -- require refrigeration. one -94, the other negative four. it does require vigilance and appropriate methodologies to make that work. this is clearly a partnership of health-care providers and transporters to tackle those hard to hit areas that are not going to have the same kind of access in the vacci

james, you have a new op-ed in the journal this morning. america disappoints "the new york times" again. tell us about it. james: according to exit polls, we can't trust the polls but at least according to the exit poll preliminary data, donald trump increased his vote, i think gianno was mentioning this, he increased votes among blacks, latinos, the gay community. all of this is very disappointing to the new york times and columnist charles specifically. he said it was personally devastating for him to learn that trump is broadening and building this coalition because like a lot of times columnists, he's beenic instructingrible person if largely hispanic areas voted for trump? james: yeah, you've had all of the media noise for the last 4 years and obviously the president says things that are bizarre at times but when -- this is part where we go through in the book the cost, the record of achievement is remarkable and that's what i think people have responded to regardless of their background or demographics. they see a thriving economy, a

>> it's ed o'keefe. i'll take this. one thing that complicated the count in georgia last night it there was a plumbing issue, right? >> yeah, at state farm arena where the atlanta hawks play. that was a processing and tabulation center for absentee ballots. there was a water leak. a pipe leaked this morning. none of the ballots were damaged but that stopped the counting. and about 50,000 uncounted ballots. they sent most of the workers home. a few workers have been working overnight but the sense is they're probably not going to finish it up until some time this morning. one more little thing that went wrong here. generally speaking, the day at the polls yesterday worked out great. that is with so much early voting, ed, georgia set records, nearly 4 million folks cast early ballots. the polling itself, the day at the polls went very smoothly. wait times were 10 or 15 minutes. very reasonable. then they ran into issues with the tabulation and here we are, 10 hours after the polls have closed and we still don't have a win

i'm joined by our powerhouse political team, gayle king, john dickerson, nancy cordes ed o'keefe and major garrett. and as we wait for joe biden and , wela harris to speak, we should talk about this incredibly historic moment as -elect, joesident-elect, joe biden, is talking about trying to restore civility and stability. >> reporter: i was looking at the 74 days between now and when he moves into the finest home in public housing, and he has probably in that house more than any other person who has actually lived in there. and now he lives there, and the to-do list is very long and 74 days she's a very short period of time to get on top of all the challenges he faces. re watchinll: we are watching the motorcade of the president-elect, which has grown in size as he is surrounded by t.s. secret service and all that entails to protect the next leader of the free world. and, gayle, there is-- while there is disappointment among president trump's supporters and republicans, there is also a sense of euphoria in this country. >> reporter: i called it "unbridled knuberance." it's like, nora

thanks very much, ed yardeni. coming up, it is one of the biggest bank deals since the financial crisis. billion-dollars bid. this is bloomberg. ♪ vonnie: this is bloomberg markets. at $11.6greed to billion deal that will make it the largest regional bank in the u.s. americanbuying bbva's banking operations. it's a valley took a hit from the pandemic. us for more is hannah levitt. is this a done deal? >> thanks for having me. they announced it this morning. they said they expect it to close halfway through next year. the calculus in pnc? the deal for they had a bunch of blackrock cash they wanted to put to use, but why this particular use? hannah: pnc did this during the last crisis, where they bought another smaller plate -- bank. heading into this year, they sold out of their massive blackrock stake. the ceo was very vocal about looking for potential opportunities to do a deal here. this is on the backdrop of pursuing this national expansion strategy. in the past few years, it's been largely organic, so this is

ed: this is going to be incredible. journey from earth to the international space station. four astronauts. it is the first time nasa has certified carrying humans to the space station since the shuttle was retired in 2011. spacex did that test with two astronauts over the summer. it was a success. millions of people tuned in. if you are fascinated by space exploration, if you are fully and to the romans around space and rockets, this is one that millions will be watching as well. the astronauts that are taking the trip have positioned it as a next step towards human flight to the moon and tomorrow's. this really is a big deal and really exciting. millions are excited to tune in around the world. emily: that set, what is also a big deal is that elon musk is saying he has tested positive for covid, but also negative for covid. kveta potentially compromise this mission? c : elon musk, the space x x chief, did four tests. two tested positive and to tested negative. the point is elon musk may have covid-19 and has emboldene

romaine: you know what else happened in december of 2017> ed sherine -- ed shereen's "perfect" topped charts. joe: i remember you blasting that around the office. catherine, thank you for joining us. orthis a bitcoin rally crypto rally? >> it is not the funding. the perpetual premiums are still at a low. this is one of the greatest indicators that this is purely led by spot buyers of bitcoin. you may say it is a little bit quiet. i hate to say the secret here. but most of the institutional buyers will be quiet until they are in their position. we have had huge volumes across the board, cross the exchanges. seeing lots of spot buying. one institutional player, ray dalio, tweeting out that he may be missing something but he does not see bitcoin as being an effective currency. other institutional investors getting and seeing in terms of a store of wealth that he is not yet seeing? >> if i had to pick a kickball team, it would be a tough decision. i think we are seeing significantly more institutional buy-in. the validation of this asset class. for the first time ever, we have not only re

ed car denyny showers his scenario. the later, the global economy is beginning to recover from the pandemic, an expert investment panel says it's time to look overseas. but we gun with what we think are the three most important things investors ought to be thinking about. stocks were resilient this week in the face of rising covid-19 cases. can the bulls hold on all winter? amazon shaking up the prescription drug business with the launch of amazon pharmacy e and a lot more investors will be adding tesla to their portfolio when electric vehicle company joins the s&p 500 in december. can tesla maintain its dominance? my colleagues, ben levisohn, carlton english and jack howe. so, ben, interesting market this week. the dow and the s&p were down ever so slightly, the nasdaq and small caps were up. what are traders looking at? >> well, it was interesting, it's a week that felt like it should have been a really down pretty hard. we had the treasury ending some programs that the fed has to support the economy, we had bad data

we will speak with "the atlantic's" ed yong. then to iran. as president trump installs loyalists in a shakeup at the pentagon, is the president laying the groundwork to attack iran? plus, we will look at why climate activists and progressive democrats are protesting president-elect joe biden's decision to tap congressman cedric richmond to a top white house post. he is the leading democrat recipient of fossil el money in congress. all that and more, coming up. welcome to democracy now!, democracynow.org, the quarantine report. i'm amy goodman. the official u.s. death toll from covid-19 has passed a quarter of a million people as the virus rages out of control from coast-to-coast in the united states, with 172,000 infections and nearly 2000 deaths reported on wednesday alone. u.s. hospitalizations continue to shatter records -- now at over 73,000 covid-19 patients -- and the average daily death toll is rising in 33 states. columbia university epidemiologists estimate more than 3 million people across the u.s. are currently contagious with coro

caroline: binary, as ed just called it.eel at this is something that et has got comfortable that there will be cogs turning in congress. but i wonder whether it is being priced in enough at the moment. jonathan: i think participants want to turn the volume down on washington, d.c. and turn the volume up on a smooth vaccination rollout. that is the hope for 2021. from london and new york come alive on bloomberg tv and radio, coming up on this program, the u.s. economy q4 is and over. q1 hasn't started. the outlook in the short term with dan alpert of westwood capital. this is bloomberg. ♪ g. ♪ are you frustrated with your weight and health? it's time for aerotrainer, a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form and allows for over 20 exercises. do the aerotrainer super crunch. the pre-stretch works your abs even harder, engaging the entire core

ed ludlow joins me with my. what are you seeing?d: i'm calling it the unwinding of the rotation trade, taylor. the s&p 500 coming off this record high, dow coming up 30,000 points that we saw yesterday, and then the technology stocks, the nasdaq 100 index up .6%. data wise, this is the first back-to-back rise in weekly u.s. jobless claims since july. investors are reassessing what is going on with the economic recovery as it relates to covid-19. the story, as you say, has been a move into value and small-cap stocks, those kinds of companies that would recover if there is the successful rollout of the vaccine. that sentiment is on ponce right now. in terms of the names doing stay-at-homehe stocks, the likes of amazon and apple. zoom, which we talk about so much from one of the big finish fisheries of the pandemic. --big beneficiaries of the pandemic. fed minutes did not move the needle. bitcoin softness as well. we might've expected to get the a recordber of 19,511, for bitcoin, but we didn't. the cryptocurrency fell away in the late

what do you think, ed? ed: well, i'm ready for -- maria: do you think they're ready?us autos. look, i think this was all very exciting news and i think we need to really spend more time talking about all these techno of logical innovation -- technological innovations that we know are about to be implemented and proliferate. i think once we get through this pandemic, if we get through the pandemic soon, it will be because of technology, because of the new technologies in genetics that allowed them to develop these vaccines so rapidly. so technology really is a great liberator of our economy as we look up ahead here. i keep talking about the possibility of a roaring 2020s, much like the 1920s where we had technology just leading the way for the economy. maria: i like that. i'd love to see that because there's nobody better at innovation than america. how about send the sweat pants packing. we talked about pandemic loungewear being the newest craze. now folks are trading in the sweat pants for a more dressy look. psychiatrists call the feeling a theory the way clothing m

ed ludlow joins us. we are on the brink of victory.iting for new developments, essentially. direct pathke most for joe biden would be nevada, where he has a slender lead with 75% of the vote counted. we may be waiting for a matter of days to get a result from nevada, because election officials in that state have receivevember 10 to ballots and november 12 to count them. that lead is razor thin. in georgia, in the last few hours, the gap between president trump and joe biden has narrowed with around 98% of the vote counted, also according to the associated press. they are tabulating these votes largely in urban areas like atlanta, savannah, where voters are largely democrat. with around 90,000 votes still to be counted in georgia, there is some belief that perhaps joe biden cannot only make up the gap against president trump, he could take the lead in georgia. the consensus really is we could be some time away from a result. anna: yes indeed. we could be some time away from a result. we will wait for updates. arizona is a story that per

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ed: it will be all in one go.he biggest company to ever be added to the s&p 500. $538 billion market cap. the s&p thought about doing it in two lots. you don't have indexed funding managers that are mandated to hold their proportion. that is because tesla is so big, they will have to sell some of their other holdings in s&p 500 companies to make room for what they will have to buy. that means a big day of buying ahead of december 21. bys an unprecedented move saying let's do it in one go. all right, our ed ludlow breaking up a little bit there. thanks so much for your reporting. we will be following tesla is always. that does it for this edition of bloomberg technology. bloomberg daybreak: asia coming up next. i'm emily chang in san francisco. this is bloomberg. ♪ ♪ shery: welcome to daybreak asia. i'm shery ahn in new york. haidi: i'm haidi stroud-watts. our top stories this hour, wall aseet back from records investors assess the november rally. the dow jones seeing its best month since 1987. the russell 2000, th

ed to you in dallas, i know they put in some new kcurfews in dallas. tell me a little more. >> reporter: not here in dallas, in san antonio, bear county, and in el paso county where city and county officials there said over the last couple of holiday weekends, they saw such a surge in the number of new cases because of people gathering. they're taking the step of instituting kcurfews. in san antonio and el paso, you're seeing kcurfews from 10:00 p.m. to 5:00 a.m., everything must be shutdown. restaurants are allowed to do drive through and takeout, there are other caveats in there in each of those locations as to what people can and can't do in the holiday weekend, but as i mention, brooke, it all stems from the fact it was the last several holiday weekends that health officials noticed a resurgence of coronavirus because of people gathering. this here in a state that has more coronavirus cases than any other state in the country and is also second in the number of coronavirus deaths. there's a great deal of concern as the state is in the midst of anot

ed: aside from the tweet activity, no. publicly, as it stands, president trump does not accept the outcome of this election. he goes a step further, saying he believes he won the election by "a lot." sources told bloomberg that within president trump's inner circle, there is recognition not just that these legal efforts at the trump campaign are trying to deploy to alter the outcome of this election, but recognition that the election results stand. although, we are hearing advisers including president trump's own son-in-law, jared kushner, are still pushing the president to pursue legal avenues. a number of publican's including george w. bush, senator mitt romney, have come out on television shows on sunday and said, ok, the president has his right to pursue those legal courses, but the u.s. electorate has spoken. at the same time, you have the likes of senator ted kruse and lindsey graham also going on the airwaves, supporting the president, who maintains that there has been fraught in this election, malfeasance. it is im

norah. >> o'donnell: ed o'keefe, thank you. florida is bracing for a second run-in with tropical storm eta. the storm already dropped nearly two feed of rain in south florida. the parking lot became a lake. well, now eta threatens florida's other coast north of tampa. let's get the forecast from cbs' lonnie quinn. lonnie? >> good evening, norah. here's the deal. mhe pictures you showed us from miami, that storm affected miami on monday. now we're looking at a storm that is just offshore of tampa, 50 miles west-southwest of st. petersburg florida. earlier today it was a hurricane. now it's a tropical storm. we think early tomorrow morning it will make a landfall around cedar key and then exit around jacksonville as a tropical storm then skirts right along the southeastern seaboard putting rain down. tomorrow, tampa could pick up somewhere around a half a foot of rain. then it gets to the carolinas. it's offshore, remember, but it's piling that rain all throughout north carolina. anywhere from, say, raleigh toward the coastline c

ed ludlow on the ground and chandler, arizona. ed, we'll be watching you all night.nutes away, four minutes to be exact to some polls closing in kentucky, indiana. the first pulse in the united states. stay tuned for more on the returns coming out of there. and do not miss our special coverage of the presidential election tonight 7 p.m. eastern time. more of bloomberg television after this quick rate. -- quick break. ♪ hope it doesn't cost too much. i hope my insurance pays for it. can you tell me how much this will be? - [cashier] 67. - sorry. - wait, have you heard about goodrx? goodrx finds free coupons to help you save up to 80% on your prescriptions. - wow, i had no idea. - [announcer] goodrx, stop paying too much for your prescriptions. the world awaits the outcome of the u.s. election, the sometimes bitter campaign is over. voters will now decide who holds the key to the white house. for the next four years. you are watching daybreak asia. from bloomberg's world headquarters in new york. haidi: we will be live in washington at the biden campaign headquarters i

coming up tonight a look at business and economics, ed freeman discusses responsibly in ethics that he says unites influential businesses in history professor explores the. a black financial innovation between 1888 in 1930 and the first and only bank run by black women. after that mit professor tom and levinson looks at how the leaders of the 15th century scientific revolution apply their new ideas in the modern finance, followed by nicholas sgt on the history of j.p. morgan bank and later julia on the dark side of the gig economy. >> it is great to be back as we kick off the fall season and our inaugural speaker is ed freeman, he is a professor of business administration at uva, today i was going to discuss his latest book which is some relevant given the discourse that i going on in our nation, he calls the word amd the most powerful word in our language, let's find out why in the power of and responsible business without trade-off. >> thank you very much for hang me, it is a real treat, even if only virtually many years ago in a useful idealism as david mentioned i got a phd in phil

ed it might be.n the democratic y podiumanding with biden last yearke, the of elizabeth warren, of that thry large crowd, biden i best one to make the attempt. he is t most centrist, traditionast democrat there is. if the gl is to die trying to prove tt bipartisanship could work, joe bidento is the perso try it. katty:mu thank you ver. countrylook like this is so divided that it is hard to see who can bring it together. joe biden says he wants to give it a chance, but if you look at those protests going on around the country, it does look lik g that ing to be difficult. whoever wins, it seems clear thatca ames split in what direction they want it to take. just 20,000 votes out of a population of 6 million arete proj to decide the race in wisconsin in favor of e biden. gauge the mood.een there to liam: even america, in these fractious times,t is them and us, but there are those trying to comeer togeth. when timad his biden sign stolen, is trump-supporting neighbor josh gave him a replacement. >> i kno

maybe not as consumer friendly but, ed, otherwise get. wa nted than the democrats might have wanted initially that might not bea wanted initially that might not be a bad thing. certainly. so the amount of money that the government has been spending and the amount of deficits and debt, that will be coming from taxpayers, whether that is individual labourers or american corporations. that has to be paid for somehow. the debtors going up and the idea that can spend ourselves into prosperity, just tax—and—spend, tax—and—spend and in these cases there have not been increasing taxes but the fact that we are spending money with reckless abandon, i just that we are spending money with reckless abandon, ijust don't think that is a foreseeable sustainable future. so certainly i think the fact that maybe nothing gets done, to use your term, maybe nothing gets done, to use yourterm, i maybe nothing gets done, to use your term, i would maybe nothing gets done, to use your term, iwould not maybe nothing gets done, to use your term, i would not say that

this is ed's wish list, don't take it that way. the way the world should be, it is rather would've tried to argue is this is actually happening in the world. but in such the grip that sometimes we don't see it. it in the final issue is that we've got to put this in ethics together. in most people to the truth and keep their promises. but if they didn't, will have crisis in society we can talk about the stuff anymore because we can talk about race or gender or can't talk about religion. we think they're too sensitive etc. that honestly is the deathknell. the society if we can't figure out how to talk critically about the things that affect all of us i think and it is not here for very long. simply summarize and say, five things. purpose and profits. stakeholders and shareholders. a market institution in business. people with full humanity and economic interests. it an ethics and business. if we put this five things together, i think we get a very different view of business in a different view of the world. we need moral leadership.

cbs' ed o'keefe joins us with more. good evening, ed. >> reporter: good evening, norah.ight the president tweeted that he's claiming victories in pennsylvania, georgia, north norah. tonight the carolina, and michigan, this despite evidence to the contrary g michigan and no official race calls yet in the other states. nd no other racsident biden meanwhile believes he's just hours away from winning the white house. joe biden said today, the wave of ballots trickling in over the last 24 hours is enough to put him over the top. l after a long night of counting, it's clear that we're winning enough states to reach 270 electoral votes needed to win the presidency. i'm not here to declare that we've won. but i am here to report, when the count is finished, we believe we will be the winners. >> reporter: the biden campaign feels they have a clear path to 270 electoral votes, with both arizona and nevada leaning blue, plus a presumptive win in wisconsin and a victory in michigan, giving him two key battleground states he needs. >> in michigan, we lead by over 35,000 votes, and it

how do we bridge the gap in a deeply divide ed country. my thoughts and more. >>> welcome back. will he or won't he? we are asking the question as to whether or not donald trump will run for president in 2024. it is insane. we are barely passed november 3rd. trump is yet to concede. here we are, getting way ahead of ourselves. wondering if the current president, driven by a loss, he has certainly lost. driven by ego, because he doesn't like to loss. and driven by fame, he likes to be revered, will choose to run for the white house. after having dealt with one of the most emotionally taxing elections of our lifetimes, nine months of which plagued by a pandemic and hundreds of thousands of lives lost in this country alone. one of the things i heard most from people in times square, in hearing that joe biden would be our next president. relief. relief that biden would be in the white house. and relief that all the partisanship and rhetoric will calm down. admist it all, i asked the question, 70 million are not happy to see biden as president. is there a way to bridge the gap betwee

it show ed the governing green party won 48% of the vote. tz the largest opposition united national movement party picked up 27%. georgiaen dream didn't wait for an announcement to claim victory. the party seeks to bolster relationships and restoring ties with russia. meanwhile, thousands of opposition supporters gathered in front of the parliament building in the capitol protesting the election outcome and calling for a rerun of the vote. the united national movement takes a hardline stance. protests will continue until the will of the people prevails. >>> some workers in turkey are continuing frantic efforts to find survivors three days after a powerful earthquake rock ed te coast. the magnitude 7.7 quake and subsequent tsunami have claimed at least 81 lives. a 14-year-old girl was pulled from the rubble of a collapsed building in the western province 58 hours after the quake. turkish authorities confirmed more than 900 people are injured. injured. 79 people in turkey are dead and two confirmed deaths in greece. tsunami waves swept away bo

ed: i think there is a humorous view of each other.hink both at times think the other is disconnected from reality. a lot of people are wondering how we could've seen this move after an election. almost in the outcome, people with assets come up with a reason why that is good for their assets. --tainly as i look i had look ahead, if it is a divided government, if we get fiscal relief and we do not have to deal with the uncertainty of a one-party government, that is positive, but it is always interesting to me that without a doubt, we always find a way if you have money that this is an ok outcome for you. jonathan: always finding a way to be bullish. then queue. isn't that the story? always finding a way to tell a comforting story about why everything is going to be ok and to stay long. tom: i think it is called gridlock. i wonder, with the news flow we are seeing, and the market flow as well, as we spoke to rob kaplan the other day of dallas, do we have time for gridlock right now? i don't have an answer. but is gridlock good going int

ed is live in dallas.ws. >> city officials in san antonio and in the el paso, texas area say they are concerned about this thanksgiving holiday weekend. they say over the last several holiday weekends and week after that they saw a surge in new coronavirus cases and they are hoping these curfews will help limit that surge. that is why they are saying they are instituted this curfew from 10:00 p.m. to 5:00 a.m. restaurants are supposed to be shut down by 10:00. take out and delivery is still possible but the urge here is to really keep people from congregating as much as possible. this comes as the state of texas finds itself in the midst of the most severe surge we have seen in this state throughout all of this pandemic. we talked a lot back in july when we were seeing cases, new cases reported around the 10,000 mark. as you mentioned just yesterday, the state of texas set a new record for the number of new coronavirus cases at about 14,000. these are startling numbers in a real indication that this state

when it comes to the keystone state, there is no one who knows it better than ed red nail, dust -- ed rendell, special counsel. welcome. where you think the pennsylvania race is right now? >> i think joe biden is going to win. [indiscernible] --re almost all mail that's all mail votes. the male vote has been running 73% biden. if that holds up, -- [indiscernible] it will be a substantial win. probably twice the margin donald trump had in 2016. what is your take on these lawsuits? we had an announcement from the trump campaign with one appellate judge saying you have to let those poll watchers come and observe. the poll watchers behave themselves come i do not think there is any problem. the people who do the counting, they are civic euros. some of them volunteer their time, some of them are paid very little. they are there under pressure. and are republicans democrats. they are ordinary citizens who care about the democratic process. you can have anybody in the world watching them, it does not bother me. it is not going to change a thing. as long as the poll watchers behave themselves