tech.o virginia gogot into harvard business school. was in the navy, later goldman sachs. asl done in hollywood first -- wound up in hollywood first in filmvestment banker financier. once you make some money, he moved over to the creative side and began making conservative documentaries -- amy: made some money, we're talking "seinfeld." >> yes. the weird detail in bannon's life is while he was investment baker, he brokered a deal pictures,stle rock which owned "seinfeld," which was in its infancy at the time, and ted turner, who wanted to buy the shows. as bannon tells in the book, when they sat down at the table, turner was short of cash and so rather than let the deal fall apart, bannon took in lieu of its ordinary advisory fee, he took a basket of residuals from five television shows, including "seinfeld." as we all know, "seinfeld" when on to become i think the most

are the first point harvard business school does not. take sponsorship form companies so i'm pleased to say. although we have corporate donors . giving leaders of faculty under no pressure what they what they write at at all so that's that's quite an important point and we actually have a very large environmental group which is doing print the of criticism of a lot of corporations give away as wrote in this book i was primarily interested in this book in entrepreneurs who were motivated by include terms saving the planet so that is the prime focus so large corporations only come in at the end and they come in and in a section when i'm talking about every morning and you talk about that i'm talking about greenwashing and i'm talking precisely about this apparent contradiction between suddenly every business is green and yet we know the planetary fundamentals are continuing to deteriorate how corrupt the companies in your book that i mean the famous stories about general motors bribing los angeles city council to destroy its public transpo

a new study led by a harvard business school professor saying buying money on things that save you time like paying for a housekeeper or springing for a taxi really can make you happier. those who did so felt less stressed about time and experienced more life satisfaction. >>> rising to the challenge, the rock climbers who are proving the sky is the limit and inspiring america. escaped inmates go on a joyride from la to san francisco. ===raj vo=== new at 6: we have exclusive video of the whole thing plus the car ride. ===jan cu=== and people getting in big trouble for misusing social media. ===jan vo=== how a facebook post got this man a visit by federal agents. ===next close=== the news is next. >>> finally tonight, a breathtaking adventure high in the mountains of colorado, where some daring rock climbers have all faced hurdles in life, are helping each other reach for the top. nbc's miguel almaguer takes us along with them in tonight's "inspiring america" report. >> reporter: the sunrise is above the flatirons in boulder, colorado, these three see a challenge on the horizon. these cl

but a professor at harvard business school argues there's a lot more to the world of finance, and heses books and movies to make his case. our economics correspondent paul solman has the story. it's part of our series, "making sense," which airs every thursday. >> one, two, three! >> reporter: the field of finance. you might say it has an "image problem." consider "the wolf of wall street," based on a real-life character. >> if anybody here thinks i'm superficial or materialistic, go get a job at mcdonald's, because that's where you ( bleep ) belong! >> reporter: investment banker patrick bateman in "american psycho" is fictional, but not entirely implausible. >> i have all the characteristics of a human being: flesh, blood, skin, hair. but not a single clear, identifiable emotion, except for greed and disgust. >> reporter: hey, finance has had an "image problem" since buyout bro gordon gecko graced the silver screen 30 years ago. >> the point is, ladies and gentlemen, that greed, for lack of a better word, is good. >> big bank, small bank, i like to make money. all right? >> reporte

dangerous pollution levels which repeatedly kill forty thousand a year in britain we speak to the harvard business school professor jeffrey jones about corporate greenwashing advocating climate science for profit and the leader of the opposition to the shadow chancellor i think the only good trade deals with venezuela cuba and north korea to resume on says a prime minister's questions since being accused of political bribery coming up in today's going underground but first just because u.k. labor leader jeremy corbyn is riding high in opinion polls doesn't mean the causes he believes in are not in grave danger one cause he has fought for all his life is on team period lism and here is corbin on the phone in show of president nicolas maduro of venezuela talking about the legacy of one of his mentors tony benn who gave his last interview to this t.v. show. meant a bit comical. m.b.m. and i'm a girl more and more i'm going to. do you know. i don't. care but. that's cool been speaking to madeira now under siege from a failure by a good chavez to sufficiently diversify the venezuelan economy in the face of ar

to the harvard business school. corporate greenwashing advocating. for profit. taking. questions. bribery. today. just because. an opinion polls doesn't believe in grave danger one cause he has fought for all this period and he being on the phone president nicolas maduro of venezuela talking about the legacy of one of his mentors tony benn who interviewed this t.v. show. that's cool been speaking to madeira now under siege from a failure by good vision to diversify the venezuelan economy in the face of og.

a new study led by a harvard business school professor saying buying money on things that save you timepaying for a housekeeper or springing for a taxi really can make you happier. those who did so felt less stressed about time and experienced more life satisfaction. >>> rising to the challenge, the rock climbers who are proving the sky is the limit and inspiring america. i make it easy to save $600 on car insurance, so being cool comes naturally. hmm. i can't decide if this place is swag or bling. it's pretzels. word. ladies, you know when you switch, you get my bomb-diggity discounts automatically. ♪ no duh, right? [ chuckles ] sir, you forgot -- keep it. you're gonna need it when i make it precipitate. what, what? what? what, what? i tabut with my back paines, i couldn't sleep and get up in time. then i found aleve pm. aleve pm is the only one to combine a safe sleep aid plus the 12 hour pain relieving strength of aleve. i'm back. aleve pm for a better am. your bbut as you get older,ing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankful

. >> have business schools played any role in what you're talking about about with expanding ceo pay? >> i just bought a book and haven't finished it triggers a new book out at harvard business school which is where i studied and i know when i was in school, i got out in 68 and the cases we studied indicated smarts take care of all the stakeholders and i take it that is not the case today but i don't know. when i finished the book i will let you know. but it just came out a week ago. that's my excuse. >> you mentioned something that i'm too young to remember which is bill clinton campaigned against, and i believe the phrase you used was through lobbying and other mechanisms and i'm just wondering if you can expand on other mechanisms. >> i know there was lobbying. i don't know what was said privately to mr. clinton. i expect something was said but i don't know and i probably shouldn't have implied that there was something nefarious going on but although given the players -- [laughter] >> the mechanism by which --. >> i think it's the standard lobbying you have in washington where the lobbyists are already paying for access. that's what they have paid oregon and havi

the fight for corporate dominance joining me now is professor of business history at the harvard business school jeffrey jones author of profits and sustainability the history of green or jupiter ship as donald trump wraps up his energy week to promote fossil fuels jeffrey welcome to going underground so within hours of doldrums saying he was getting out of the paris climate deal he began to be attacked by big business leaders some of them environmental there was a little north why should business leaders have more say than workers in the midwest of america about how multinational businesses operate in their sustainability or lot of american big businesses now have a vested interest in sustainable or green industries jesus the largest producer of renewable energy in the united states one of the largest in the world exxon is under pressure from its own investors to explain their sustainability policies so it's a matter that they have thought a lot about that all multinational so they know the rest of the world is thinking about it and they're very upset if the trump policies lead to china taking

you have serious harvard business school education. >> they receive 100 course. program it's called ceo of your new life. they receive employment readiness training and life change zprils character doavment how to shake hand and tie a tie for employment when you get out to how to forgive yourself and how to forgive others. to shame reduction. and parenting from behind bars. it's very holistic. john: i have never learned how to forgive people. >> we combine it with application and bring in business executives. we have 3,000 of them nationally. we bring them into prison. we have business coaching nights and we have our own pitch competition where the incarcerated men and women pitch their ideas and receive feedback. and we give them ious for after they get out. and they can receive up to $15,000 for their startup businesses. john: they have to go to kickstart tore try to get the rest of the money. >> they can earn more than $15,000 in grant funding. for businesses we hook them up with angel investors who can help them raise additional capital if their businesses wa

and the answer based on harvard business school in the new study is absolutely yes. but do you value time or do you value money? because the study shows and this is true for all income levels if you pay someone to do some of those chores for you you're happier therefore money bought you happiness because other stuff. you. >> do you buy it. >> i buy it. >> unless you love to clean and do chores who wouldn't want to do that. >> we agree. >> i don't look forward to it -- >> i still do my own and if i had to do something else i would be happen per. >> harvard business they're smart people up there. >> good to see you, steve. >> see you tomorrow, bye-bye. >> he takes it to the next level. >> i buy into it. >> i saw what he did there. >> have to point it out though. >> it's betser crying on mercedes than laughing on a bicycle. there's something about riding in style. >> gucci said this i didn't. >> there's little things that give you pleasure like that. i like folding sheets. >> i like brushing my teeth. >> stop this. >> stop someone put a stop to this. >> brush your teeth

a harvard business school graduate with blue-collar roots and was the driving force behind the rightbreitbart news website when donald trump appointed him the head of his campaign. widely credited with crafting president trump's populist message and helping guide him to victory. it tells the story of bannon and his unlikely partnership in the new book "devils bargain." welcome. in the new york review of books that i just saw. it is a testament to the adroit balance -- we are not certain which of the two figures has sold the bigger part of himself to the other. in the broadest sense, they are co-authors. i think that's exactly right. the point of the book is to go back and answer the question everybody still wants to know about donald trump. how did he manage to get elected when all of us did not see it coming? i had covered bannon, breitbart, this populist uprising. this is how the two men -- josh: tell us the story. met in: trump and bannon 2010. it has this wild background. -- bannon has this wild background. ,oved on to goldman sachs opened a boutique investment bank in hollywood.

david: let me ask about the way corporate history dovetails with steve bannon going to harvard business schooln goldman sachs -- there is that. there's also the way that don't trump has aligned with corporate america. he was positioned to be a 19 nighting figure politically. josh: at the time i did not realize it was happening -- you go back to 2004-2005, the apprentice is a huge hit. not only because it draws 20 million viewers, but trump was more popular with black and hispanic viewers than he was with white viewers. apprentice and trump a wonderful advertising vehicle for fortune 500 companies like toyota and mcdonald's and home depot, many of which advertised with them for years and years. has built up this audience , has built up an appeal and republicans would have loved to more young people and minorities and african americans -- trump was really poised to run as a transformative republican candidate who could have run on entrepreneurial pro-business, big tent come open republican campaign and instead, he decided the way to win the gop nomination was to go completely the other direction

the truth is, i have read a lot of studies, eyesight in the piece the harvard business school study wherefessors have documented very lending,ow less reduced lending to small and medium-size businesses, which unfortunately is one of the unintended consequences of dodd-frank, with all the rules and regulations. big companies, private equity firms, hedge funds have no trouble getting capital. small and medium-size businesses , which make up the most businesses in our country and hire the most people, they have been start for capital. that has resulted in less hiring, lower wages, inability to get this economy moving past 2%. if i could summarize larry summers -- it would be an honor to try to get it right -- is that this lower amount of lending to small and medium-sized businesses have dragged the economy down, which is why we are suffering, and why we cannot break out of the 2% gdp number. david: you mentioned the piece that is deregulation dangerous. do you think the president is aware enough with the dangers that come with the regulating the economy? >> i'm not in the least bit satisfied

> joining us now, grover norquist, president of americans for tax reform and karen mills, harvard business schoolfellow, former small business administration administrator welcome to both of you grover, i'll start with you. i'm a little bit surprised that you are in favor of this idea that ecommerce companies should collect sales tax equally from everyone talk a little bit about your reasoning behind that. >> i'm not sure that you've correctly stated my position >> did i not please clarify. >> i support the supreme court's ruling that states can tax economic activity in their states, but not if you buy something from another state if you buy coca-cola from another state and drive into the state, there shouldn't be a sales tax on that. if you buy something that's shipped in amazon is now paying taxes in the 50 states on its sales because they have a physical presence they're building warehouses and stores in all 50 states. when you have a physical presence, you pay sales taxes. if you're physically there, you pay income taxes but there has been a move by incompetent states to want to export taxes

2001 until 2009 remains the only president to have an mba receiving his master' degrees from harvard business schoolfice bush has taken up painting and recently released a book of his artwork entitled portraits of courage. >> if you their you're well traveled wait until you hear about this college grad's whirlwind trip. she's making amenta tempt to visit every country in the world and that would break a world record. 22-year-old from alabama on her way to become the youngest and fastest person to travel to every sovereign country. so far she's visited 25. she's got 172 to go. according to the guiness book of world records rules she has to step foot in the country and take a picture for it to count. >> wow! all right. be careful in some of those countries some are a you have little dangerous right now. >> michelangelo used a chisel to make the david. leonardo davinci used a paint brush to create the chapel. >> fox's benjamin haul a closer look. >> reporter: in a world of smart phones and tablets, it's hard to believe anyone would use a type writer any more let alone attempt to draw with one. but this

a team of researchers from the university of british colombian harvard business school, apparently hadthan 6,000 adult, found people who use their money to buy more time are happier with their lives. >> i can see how that would be the case, little more free time. >> consider, too, here is the thing, because talking about people working and making money, i mean, we're in this gig economy now, there are apps, handy, task rabbit, hire people to, you know, hang pictures, put a tv up on your wall, yes, yes. >> kind of nice. all right. >> not a bad thing. coming up. attorney jeff jeff sessions remains on the hot seat today. >> ronica cleary working this story tonight. hi, ronica. >> reporter: hey, jim, czar, a the president airbeds the greer answers from inside the white house. we're going to take a look at who might take his job. if he decides to give him the axe. coming up. >> and responding to the criticism. the bow scouts of america issuing a statement tonight after president trump's controversial speech to a group of boy scout, that got some parent kind of angry. >> and caught on camera

>> he started out in the navy, he went to harvard business school, he was an investment banker at goldman go-go 1980s. wound up in hollywood doing film financing and eventually became a conservative documentarian, a conservative filmmaker which brought him to andrew breitbart, at conservative republican, and he ended up taking over breitbart news when breitbart died. >> his world view became this sort of america first, anti-global, anti kind of -- is it fair to say anti-other? >> absolutely fair to say of the bannon had always had these nationalist, populist politics and a real anger, i think, at liberal secular culture. what breitbart did was try to start a small publication that would fight back against the media. bannon took that over and really used it as a vehicle to push his ideas into national politics and elevate politicians like donald trump who he thought could carry that message for him. >> let's talk about that, because you also say bannon had been looking for basically a ve vessel and he had worked with sarah palin, sarah bachmann, jeff sessions, but not until he found donald

he went from the navy to harvard business school.talked his way into a job with goldman sachs as an investment banker in the 1980s and moved from there to hollywood film financing and eventually became a conservative documentarian, met andrew brite breitbarten, wound up in charge of breitbarten news. >> woodruff: what writes these two together? are they ideological, fil philosophically people some might think? what is the magic that brings them together? >> they have the same basic political outlook. what trump said about politics going back to eighties, there have been several clear populous themes. he is against free trade, he thinks the u.s. is getting taken advantage of by foreign governments. bannon's populism is very much is same but adds the element of immigration, hostility to immigrants both legal and illegal, and when bannon met trump in 2011 and began tutoring him on politics, that was the idea he really put forward, and if you look at the politician donald trump became, it's very much a reflection of steve bannon's politi

from there i had the privilege of becoming a fulbright scholar and that helped lead me to harvard business school saw just how narrow the funnel that leads to the nation's elite institutions truly is. the thing that strikes me now is that all that i have had the privilege of learning and doing and undertaking since then is because i had a mom who understood that education was the best antipoverty vaccination she could give me. and the best shot at class mobility she had to offer. for many moms and dads, school choice is not an "issue"; it's a it is not partisan. it is about possibilities. and a chance to give kids the springboards they need to vault over class barriers and toward the best future they can build. and that future is something in which every one of us has a stake. >> woodruff: on our facebook page: how worried should we be about lyme disease and lyme- carrying ticks? our science team spoke with the director of the john hopkins lyme disease clinical research center, and took questions from our facebook viewers. you can find that and more on facebook.com/newshour. robert costa is prepa

bringing together some of the most active mayors in the country and working with the harvard business schoole of the business tools that we need. but we're going to make sure that we're the most innovative cities that we possibly can because invasion is clinically important in running cities these days. we have no choice. >> you're both democrats. are there republicans working on this mayoral initiative with you? >> yes, mayors work in a bipartisan way. we get judged based on whether we get things done, not whether we work in a partisan way and some expends like they do in washington. at the city level, all people care about, are you getting the job done? >> what do you need most out of washington right now? if one wish, if president trump was sitting in my seat, what would you say? >> get over the partisan gridlock and focus on what the real needs are. cities like ours, so much opportunity. but we are seeing historic levels of income inequality. that is one of the things that we talked about during this harvard experience. >> can you address minimum wage in your cities? >> absolutely. oakla

you know a bad couple months to be a fight for 15 supporter they had a report out of the -- harvard business school in 4 to 10% increase restaurant closure rates then report come out of the university of washington -- supported by bureau of -- of bureau economic research, which showed that low-wage workers people that this minimum wage is supposed to protect were seeing decline 125 dollars a month in their income, because their hours reduced so they were replaced automation would replace them income tax went down mayor got a copy that have report it was an coy from university of washington, by the way, university of washington is not a conservative think tank or for economic conservative 23450ik policy went to you. c berkeley students have a hard time even hearing conservative speakers, goes ucberkeley berkeley comes without a report in advance of the release of the washington report, that used different surrogates to try to come up with some explanation for why minimum wage increase didn't hurt, then the mayor who is is where invested in this minimum wage increase goes on usa today starts talking

somebody harvard business school did a survey.hey said if you had somebody else do tedious chores like housework or shopping, things like that. things that you do not enjoy, does it make you a happier person? a quarter of the people said yes. then they went to the united states and polled 1500 people, and they said do unenjoyable daily tasks to increase -- if you were to hire somebody to do those, would it make you happier? and about half said they were more satisfied with life if they had somebody do these jobs. ed: if you had somebody mow your lawn and do other things like that. sense of accomplishment if you step up, fix the house and do these kind of things. you are looking at me very skeptical. ainsley: money can truly buy you happiness. that's the debate this morning. do you think that that's true? i remember one lady told you it can't buy you happiness but it can make your life a lot easier. jillian: that's what i was going to say it can make it easier. in turn does it make you happier. if i had enough money to spend to hav

this is three guys at harvard business school. is going to work, you know what i mean? these guys are on to something i do, i think so. >> we want to sell insurance to you as well. >> really? >> next time we come. >> we can talk i like insurance i'm from ohio. >>> facebook stalking potential employees. they do this and they may no longer be able to do this over in wilf's neck woods. although brexit, i guess you aren't eu. >> we still are at the moment. >> just cling to that. anyway, look at this, regulators say that employers must have a legal basis for even looking at social media profiles. any data collected must be relevant to the job in question. now, the guidelines published by the eu data protection agency, they're not binding, but they're considered highly influential and they're expected to guide how authorities interpret next year's tougher eu data protection laws. >> it's not a terrible idea, though. >> what? you don't think that -- if you're interviewing somebody for a job, you wouldn't want to check out their social me

and even though he went to harvard business school and went to goldman sachs and wound up in hollywoodthe surface, he had this kind of angry hard right conservatism that came out once he moved into the world of conservative movie making, breitbart news, of the tea party. it's a message that had a lot of power. it got donald trump elected. >> but do we know anything more about the basis of the resentment? did he get kicked off a little league team? did a girl say no? someone steal his lunch? >> this is always who the guy has been. he was born angry. he was born fighting, and so maybe it's not a coincidence that he wound up in politics. >> josh, you've alluded several times to the disconnect between bannon's ideology and some of the policies being pursued. i could make the argument there's nothing donald trump has proposed that would make the 36% better off and a lot that would make them worse off, whether it's the tax cuts or the health care. the question is how does the movie end? does the 36% at some point wake up and say what are these guys doing to me, or does bannon somehow get pol

these five high impact ways tore business leaders to protect their minds and increase their productivity. >> one, get a good night's sleep. according to a harvard medical schooltudy, lack of sleep can reduce your focus and limit high brain functions. get six to eight hours a night to achieve peak performance. two, work on your eating habits. our food is our body's fuel. put bad stuff in, get bad stuff out. wholesome meals give you stable energy, fatty foods take more energy to break down and can cause you to feel drained. three, get out and exercise. regular exercise can help you be a better leader. exercise reduces stress, fights depression, improves your confidence and boosts your creativity, all which makes you a better leader. four, make time to meditate. no matter how spiritual you are, you can yof your performance by taking some time to unplug. just five to ten minutes reflecting in keeping yourself grounded every day can make a big difference. and five, read voraciously. reading has a direct impact on your emotional awareness. read everything from news to self-help books to stay balanced and well informed. >> i recently stopped by the international fra

found his way to harvard law school and found his way to a fortune, starting off at goldman sachs. he mastered the money businessrsonal worth, north of a billion dollars. there's a lot there for trump to like. and a resume no one would flinch at as head of the counsel of economic advisers. but he is the communications director. >> trump didn't come with a resume or a pedigree for president. >> good reminder. >> it's like looking into a mirror. this is the white house when he looks at scaramucci see as rich -- sees a rich guy, a new yorker, somebody who is self-made, as he believes he is as well. and he sees somebody who has a facility with the media. donald trump and anthony scaramucci both made their names and fortunes by excelling in the media space. and you saw today with the way scaramucci came out and kind of easily -- had an ease to him and an easy tone and demeanor. the questions are going to be tough for him. it's not an easy job, but when donald trump did that long press conference several months ago, i remember this moment when he was lecturing, saying, you're going to say i was ranting and raving, but

harvard, here's news that may have you seeing crimson. the university of pennsylvania is top among ivy league schools. when 2 comes to call backs for posted resume. that's businessdz asmond. >> consumer watchdog checked out product and found signs of septa discounting and amazon put reference prices on nearly 50% of items and more than 60% of times the reference items were higher than the tim sold for. it's flat out wrong. >> some of the prices you have to check. even some in the stores like brick and morter are can cheaper than amazon. you think you're getting a deal. not always. >> you may enjoy the cheap gas prices. >> who isn't they're at a 12-year low and there's a down side. cheaper gas. >> usa. >> cheaper gas is leading many people to spend more when they buy a car and it's now possible to get loans that extend to 96 months or more which would lead to you loaning more than the car is worth. you could be upside down depending on length of loan and what it's worth. consumer experts suggest making sizable down payment on 36-month loan. >> buy used that's an option or lease a vehicle. depending on lifestyle, how many miles you put on the car per year, under 1

business. here's what he had to say, listen. >> i think he's going to push back incredibly hard. he has a degree from harvard law schoolwith the media to make them understand what the deep state, these incredibly irresponsible dangerous and illegal leaks that are going on, i think the pushback is potentially very strong from scaramucci on a host of issues. >> in watching all of this morning there were questions about what direction the white house may go with some of these changes, are they reorienting -- reorienting or rearming? i think they are rearming. taking on the special counsel, taking on the fake news media. not letting the so called russian collusion narrative take hold anymore. they feel like it probably wasn't done as effective as it could be. bringing in some the president trusts a little bit more and fighting back hard so they are not on their heels but instead on the offensive. >> obviously anthony scaramucci has been loyal to trump for a long time and been a very good spokes person for him out talking to different media out there. also makes you wonder in this new chapter, you think about someone like j