ellen: no. the other women who had similar things said about them and believed that the group of us were not treated fairly. emily: john recently became chairman of the firm and wanted to be a player coach. he told me he wants to focus on developing new talent. what would you have to say to him, any advice as he brings up the next generation? ellen: it would be great to include some women and underrepresented people of color in that group. emily: do you have any relationship at all? ellen: no. emily: you were interim ceo of reddit. you did some bold things. you try to crack down on online harassment, but the community revolted. were you fired, did you feel pressured to leave? ellen: there are a lot of things that happened back there. i could write a book just about what happened at reddit in the last months. it is very difficult to change a community, once it has gone in a certain direction. what i hope other internet companies realize is, when you have problems, they scale with your company, an

ellen: now. women who hadr similar things that about them and i believe the group of us were not treated fairly. emily: john doerr recently decided to become the chairman of the firm and he was to focus on developing new talent. what would you have to say to him? do you have any of us as he brings up the next generation? ellen: include women and underrepresented people in a group. emily: have you talked to him? do you have any relationship at all? ellen: no. emily: you did some bold and controversial things at reddit. you try to crack down on online harassment, but the community revolted. there was a petition calling for your resignation. what happened? we fired? did you feel pressured to leave? ellen: there are a lot of things that happened back than that are hard to -- i might write a book about what happened at rated those last few months. when i took out of that is very difficult to teach a community once it has gone in a certain direction. and what i hope other internet companies realize is,

, ellen: it is changing.ays some tension between national geographic and the national geographic channel. they were run by fox. the society had a role in it and they felt the fox people were going a little too wild doing and reality shows. david: making money. ellen: making money, and the money was helping, but they thought there was a diversion in interest. suddenly, fox expressed interest in buying the whole thing, including the magazine. and they were worried because rupert murdoch has questioned whether climate change exists, etc., and they found that his son who runs fox is an sort of and environmentalist. david: james murdoch. >> the main thing in the assets is the tv network, which was started as a joint venture with then news corporation, now 21st century fox. there is a whole lot of things in the whole national geographic diaspora, book publishing, merchandise, licenses travel , business. there was a whole bunch of different aspects. carol: i think what is fascinating is how rupert murdoch and 21st c

ellen: no. i saw the other women who had similar things said about them. i believe the group of us were not treated fairly. emily: john doerr became chairman of the firm. he wants to be a player coach. and he told me he wants to focus on developing new talent. what would you say to him? do you have any advice as he brings up the next generation? ellen: include some women and underrepresented people of color in the group. emily: do you have a relationship at all? ellen: no. emily: you went on to become interim ceo of reddit and you did some bold and controversial things. you tried to crack down on online harassment. the community revolted. there was a petition for your resignation. what happened? were you fired? did you feel pressured to leave? ellen: there were a lot of things that happened back then that are hard to explain. i could write a book about just that. what i took out of that was it's difficult to change a community once it's gone a certain direction. what i hope other internet compan

ellen was a good chief of staff.ut when i read the charges, i knew from that very moment that hese had no merit. emily: how aware were you of this situation, how aware where you that she was not happy? john: you know, i'd rather not get into the past. ellen did some good things. i wish her well at reddit. emily: she is now the ceo of reddit, she is making bold moves. was she really not senior partner material? john: it is important to look at the difference between being an operator or being an investor, i think that she can be a good ceo. i hope that she is. but to be a successful investing partner is a really different job. emily: have you talked to her? john: only briefly in the trial. emily: what did you guys say? john: i said hi, ellen, how is your family? how are you doing? she said ok. that is it. i have not spoken with her since. emily: why didn't you try harder to settle? john: i always believed that this matter should be settled outside the courts. from the beginning. it just wasn't possible. emily: she is

ellen: we have two different programs. one is for startups. for 18 for startups is startups that are between 25 and 1000 employees. we want to have three meetings. one to get things started, what recommendations are you going to do? what metrics are we going to collect? a second meeting three months in to see where we are and how you are doing and what's working. the third meeting will figure out where do we end up in what worked and what do we want to change in our recommendations based on these experiences. emily: for a company as big as google or facebook, women make up 30% of the work force. it's too late for them? ellen: we think we can make an impact, the ceo can move things. the eye of changing really quickly and moving on the fly is most appropriate and impactful. emily: what will your role be? ellen: it's been funny. out of ours together spare time and working together. we got a lot of things done. it's been a passion project for us on the side. we are going to continue in our own work and drive things forward as a team. emily: you lo

ellen: freedom of speech.hey won at the federal appeals court level, and the supreme court declined to take their case, which means the previous ruling stands. so it really does protect panhandlers for exercising the right to free speech and asking for money in downtown areas. and it prevents municipalities and cities that want to try to clean up their downtowns from putting in rules that stopped free speech. carol: kind of an expansion of free speech in terms of interpretation. we've got to talk about the cover story. larry summers and janet yellen kind of duking it out. ellen: it is more larry summers trying to put forth his theory of secular stagnation. and it's sort of an argument against the way most central bankers, including janet yellen, approach fixing the economy. carol: david gura and i spoke with the reporter on this story. >> do you believe the economy is likely in a state of secular set stagnation? >> it goes back to the 1930's, alvin hansen when we really were in the great depression. he worried

ellen: they are not.esting about this one is that it is not for one candidate but it is trying to get people to go to the polls. david: there is a featured story about jared kushner, mary to -- married to ivanka trump, donald trump's son-in-law. but also a very successful business person. we have seen him on stage with donald trump. ellen: he is very young. he comes from a big real estate family that made their fortunes in new jersey and other states. when his father went to jail for a bit, he came to new york and really moved the empire partly to new york. david: david leonard reports about two and kushner. david: he is wealthy, a mogul, he owns a newspaper in new york and i think he is interested in having power and influence and you'll get a lot more if his father-in-law's elected president. david: he is right out of harvard, he has been hoisted on a big stage, his father faces and in charge of a big real estate company. david leonard: he bought a big skyscraper on fifth avenue, and he hung on to it wh

ellen: it is absolutely huge. features section, you look at insider trading, how the definition of insider trading has been eroded or changed over time. ellen: it has changed a lot since ivan boesky was the star of the insider trading follies decades ago. what we look at is why it is so hard to prosecute insider trading. that is because insider trading's definition, to the extent it even has one, has really changed. carol: we spoke to a reporter about the story. >> there have been a series of cases that have come out of the raj rajaratnam series of prosecutions in new york where a number of traders have appealed to higher and higher courts and ultimately, a couple of traders who were charged in 2012 had their convictions overturned. and the appeals court kind of redefined what insider trading is and what the government has to prove in order to kind of, successfully prosecute someone. david: it has to do with it who is giving you the info, right? >> it has to do with how much you know about the original source of i

ellen: if you are very smart. that is a lesson.arol: in the global economic session, you talked about puerto rico with a lot of problems. a lot of debt. there is more to be done. they really have to fix their economy. ellen: they do. the problem is they don't have an economy. they relied heavily for a while on the pharma industry. a lot of pharma companies wanted to do business there because there were tax advantages. those tax advantages no longer exist. and so the pharma companies over time have left. they have also attracted finance people because they have tax advantages for finance people. that has created resentment because people who live there don't have the same advantages. and so the question is, what is puerto rico going to be able to live on? david: pharma companies have left. a lot of people have left. ellen: one of the stats we have is the rate at which doctors are leaving. it is a lot of doctors leaving. of course, they are all citizens of the u.s. all they have to do is get on a plane. david: no passport needed. the

ellen: exactly. interesting.chnology section, you talk about virtual reality in chinese companies. they are not going after the hardware side of it. they are more interested in content. ellen: they are trying to figure out a way to get into virtual reality without having to commit to one kind of headset. it is a race to make the are a -- cr -- vr a real thing. here, you have lots of different headsets and merging. they realize that will be the case. whenever headset, we will create content for you. there are a lot of small companies tried to do it and some big ones, as well. david: the potential for this market is huge. ellen: it is absolutely huge. david: in the features section, you look at insider trading, how the definition of insider trading has been eroded or changed over time. ellen: it has changed a lot since the days of the insider trader follies of decades ago. what we look at is why it is so hard to prosecute insider trading? that is because insider trading's definition, to the extent it even has one,

ellen: it could be a big problem for criminals.th evidence and evidence you get from iphones. the san bernardino killer had an iphone. iphone has been refusing to help officials into and give them the code. now you have fingerprinting technology. if you look at the law, it says criminals can be compelled to put their finger on the sensor and open their own phone, which could provide evidence in a case against them. carol: to unlock all the information and make it easier for investigators to find out stuff? emily: exactly. carol: in the futures section, you talk about uganda and how they are becoming big when it comes to exporting mercenaries. emily: who knew that uganda is a mercenary nation. it turns out that in uganda, there are many services that help recruit guys to go to places like iraq and other hotspots and handle security, handle other aspects, basically rental soldiers. carol: dave herbert went to uganda. >> it all kind of began in 2005 after the iraq invasion. a lot of people were aware there were contractors working for

ellen. >> yeah. are you having sex?this turned into -- yes. >> you're trying. >> not like that. oh, my god. it seems like -- >> you brought it up. >> the tmi didn't stop there. >> all right. we have a little surprise. >> happy mother's day. >> happy mother's day. we put babies in you. >> ellen then surprised the "bad moms" stars by bringing out their husbands. who've been friends since their days of doing "punk'd" together. check out the pda in front of a studio audience. no time for shyness when ellen's about to put you on the spot. >> have you ever hooked up on set? >> have you ever waxed each other's body parts? >> waxed? >> well, can we be loose on that term, guys? where are the judges? how about groomed? >> you can say that. >> oh >> yeah. >> but when did you groom him? >> oh, i didn't groom him. he groomed me when i was pregnant. on the way to the hospital. >> okay. we groomed each other. so i guess we're the better couple. anyway. >> leave it to ellen to get them to talk about all that stuff. all right? >> groomi

we are joined by ellen, "bloomberg businessweek"'s editor. there was an article last week about amazon that is attracting attention. >> we did a story that showed that six major cities had amazon prime available but it was not available in predominantly black areas and was not the intention of amazon to discriminate but the results were there were these lines. in boston, it was extremely obvious because the delivery service excluded roxbury and was surrounded by areas that were able to get the prime one day service. there was a hoopla and the mayor asked questions and senator markey of massachusetts demanded answers. as of today, amazon have that track and said roxbury will be getting this one-day service now. david: in the global economic section, a he's about wild cap minors going after amber in going afteriners amber in ukraine. >> ukraine is a bit of a mess area they have rebels backed by russia fighting in the east. there is a lot of tension still going on and the attention is -- economy is really bad. in certain areas, people are illega

to my right we have ellen moore from ellen moore's cakery, ellen moore cakery.com and to shawn's left we have gabrielle gordon, what is your website. >> jewelry.com. > we're going to quickly start with your jewelry. tell me a little bit about this. you hand make all of this yourself. >> i do i actually started when i was nine years old and i hand make all the pieces. besides online where can folks find some of your beautiful jewels. i'm in a store in silver springs and i'm going to be a n a in virginia done. jewels with a z. look at this cake and then you got to look at these cupcakes. tell me a little bit about your whole processes and how people can find you. i am a cake designer. i bake everything from scratch. you can find me at ellen moore cakery.com. i am mobile, i travel throughout maryland, d.c. and virginia. it's a van and you bring the cakes to wherever theyhaÑ them. >> yes. this was for you. she said it's for me. i'll taste it in just a moment. > jewels gordon with a z. made in maryland. back to you guys. we'l ♪ they go ooh ooh. ♪ hey! ♪ they go oh-ooh-oo