economy to which g.e. has the g exposure. >> you think about the evolution of this company ten years ago, you think lightbulbs, ge capital. nbc universal, it got rid of, it's n industrial com >> it's a very dif and it remains on track to have 75 of those earnings from these industrial companies he's working on, 25% from g.e. capital which they say will continue to try to shrink in an investor . in the fin >> mary thompson reporting, thank you. >>> in the meantime, troubling news about a company g.e. is in the process of acquiring. we just mentioned it. reports say u.s. prosecutors are close to reaching a deal with the frenc engineering giant alstom to pay close to $7 million for a foreign bribery probe, the biggest settlement of its kind ever. >>> well, with oil prices half of what they were in june, volatilit returning to the stockke raising out russia and europe escalating and the federal reserve kicking off its final meeting of the year. what do top economists expect to hear from the central bank tomorr

g.e. and boeing your best bet for next year a classic wall street to make you money in 2015. we'll explain why when we come back. boeing. let's take a listen. >> we think again we'll make a run for the january high up 10%. we think it's a real good bet relative to the s&p and think it's a real good bet absolute. >> what i'm looking at are the may 35 calls and you can buy that for a quarter. >> carter, do you like it? >> there's three ways. a price stock, gets you too much. a time stock, it's too much. and then harvest it for gains. this is just a few weeks old, not much happened. like it still, stay. >> this is a situation to take the next trending day at 545 and traded up to $7 in two days. i thought it was interesting to get down to the 120 level which i'll defer to the chart on whether there's support there but actually some things you could do in this. when they rally, sell some calls and keep your bullish bet on. if you come back down to the 120 level and get the ball pop like we did,

g.e.oeing your best bet for next year? a classic wall street theory could make you money in 2015. we'll explain why when we come back. we needed 30 new hires for our call center. i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 businesses have already used zip recruiter and now you can use zip recruiter for free at a special site for tv viewers; go to ziprecruiter.com/offer2. >>> we take a look back at losing trades and find a way to make them better. mike and carter, last month, they got in on boeing. let's take a listen. >> we think again we'll make a run for the january high up 10%. we think it's a real good bet relative to the s&

g.e. has a mixture of everything. last meeting was about why we moved into the hottest area of the u.s. ee ckcn hottest area of the u.s. ee ckoy economy. i'm saying there was a moment where everything was looking real good for oil and g.e. made it in. >> when we come back with the first holiday shopping weekend in the books, walmart taking on amazon. looking to capitalize on cyber m monday. we'll have courtney reagan's interview with neil ashe in just a minute. kid: hey dad, who was that man? dad: he's our broker. he helps looks after all our money. kid: do you pay him? dad: of course. kid: how much? dad: i don't know exactly. kid: what if you're not happy? does he have to pay you back? dad: nope. kid: why not? dad: it doesn't work that way. kid: why not? vo: are you asking enough questions about the way your wealth is managed? wealth management at charles schwab i would not say i'm into it. but let's see where this goes. [ buzzer ] do you like to travel? i'm all about "free" travel, babe. that's what i do. [ buzzer ]

they are not attacking g.e. or jpmorgan. >> not google. >> he's equating mcdonald's franchises to google. >> charlie is talking about thousands of jobs employees orem ployers rather. we are talking millions of jobs. we are going to be academic about this thing. it's proven, trying to force it down people's throats. if you force them to pay $15 an hour they are going to have 17 employees. it backfires miserably. >> everything they do is not logical. they go after mcdonald's and walmart. in a case like mcdonald's if you force $15 down here is what's going to happen. managers are going to look at the skills and say you don't get the skills of $15, you don't have them and we are not hiring you. people who get a job for $10 or $11 will not get 15. if you have ten stores with 100 employees, you are going to end up with 90 because you don't want to absorb the costs mandated on you by the government. >> so backwards the government wants to go to war. this is what adam is saying, we want to go to war with job providers,

coming up, what can companies like g.e. and microsoft learn from startups? next we have some key takeaways. ♪ >> welcome back to the best of "bloomberg west." i'm emily chang. what is the secret to success for young tech companies? often it is their nimble start-up culture that helps drive innovation and may put the company on a path to greatness. can large companies learn something here? we spoke with the author of "the lean startup" and founder to have lean startup movement. i asked if any companies were implemmingt the lean startup technique. >> i got calls saying we want to plement this system in our large company. so many issues that we are talking about a are the same. once you have a product fit and you have a successful product, you have at least one other person working for you, how do we teach people to become entrepreneurs? >> what about a company like microsoft? the new c.e.o. microsoft obviously missed some of the technological hits of the last 10 years. how does a company like microsoft change? can they change? >> i believe they can. it is abou

that's why g.e.tock has been suffering, not as badly as others, not as badri as those that operate in russia. did you see pepsi? >> i think it's the speed of a move. i'm looking at a piece by morgan stanley. it's june 26, 2014, schlumberger introducing a bull case, and morgan stanley goes all in, saying listen, guys, this is your chance. let me show it -- canvas -- >> 200. >> 200 bull case, and ari is a very good analyst, and a nor american emp, cutting the deck again, saying the energy -- will take many quarters, so it's the speed, a june piece saying this is your last chance, all aboard, and then a december piece saying this is your last chance to get out. >> is that a good sign? >> and the answer is if they could -- isn't it likely that -- well, it's different analysts. could they be as wrong on the down side? >> absolutely they could. >> although, you know, any of of the guests we have brought on will tell you i'm not going to predict. you can't necessarily predict, nobody wants to calf a falling

coming up, what can huge companies like g.e. and microsoft learn from startups? the man who created the lean startup movement, eric ries is here next with some key takeaways. ♪ >> welcome back to the best of "bloomberg west." i'm emily chang. what is the secret to success for young tech companies? well, often it is their nimble start-up culture. a culture that helps drive innovation and may put the company on a path to greatness. can large companies learn something here? cory johnson and spoke with eric ries, author of "the lean startup" and founder of the lean startup movement. i started by asking him if any big companies are implementing the lean startup technique. >> nobody was more skeptical than i was when i first started getting calls from companies saying we want to implement this system in our large company. i've been really surprised the last few years. i've had the chance to work with the big companies you mentioned as well as with the hot up-and-coming next gen i.p.o.s. silicon valley startups. so often the issues that we are talking about are actually

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g.e. makes a lot of oil field development equipment, and they're going to take a big hit on their earnings going forward. >> i'm looking now to update by stock portfolio, thank you very much. >> how long can the saudis hold out and will countries like venezuela be able to survive? >> the so you had rain is fairly wealthy country, and we don't know exactly how much the royal family has piled up, but you've got to remember, a lot of the oil wealth goes to a few people. there's a lot of poverty in saudi arabia. they can hold out a very long time. russia's another big one. the wealth is very concentrated, the population is very, very much behind putin. they can hold out a long time. somebody like venezuela, this is real trouble and can cause instability in venezuela, nigeria, iran and to some extent, that's what saudi arabia wants. it's not just north american oil fields saudi arabia worries about. it worries about iran's political influence in the region. >> thank you for being with us this m