tell us more about gregg penner. is 45 years old and a walton family insider.en on the board since 2008 area a lot of tech experience. he has been running a venture capital firm. that is one of the things that walmart highlighted at his -- as his background. whye are a few reasons are excited. they have 4500 stores across the country and if walmart can figure out how to leverage those retail stores into distribution centers, it could give amazon a run for the money or that is what some people think. scarlet: even with all the glitterati there, the stock is 15-month low, a the biggest drop in three weeks. the american jobs machine up and running. inside from muhammad ali area next. el-erian next. ♪ scarlet: it is noon in san francisco, 3 p.m. in new york, 3:00 a.m. in hong kong. this is the "bloomberg market day." the case forlsters the federal reserve to raise interest rates this year. telling lawmakers in athens the latest creditor proposal is a bad negotiating trick. we discuss more. theirec maintaining production levels. we examine the global ripple effects.