betty: the industry has made huge gains since the last recession. but profit margins are still in the single digits. just as it was recovering, things like this started to hit the headlines. >> get the kids. go, go. >> it was an absolute disaster and made us never want to go on a cruise ship again. betty: in the last several years the cruise industry has run aground on some very public disasters. from viral outbreaks that have ripped through ships in a matter of hours, to the devastating sinking of a ship nearly twice the size of the titanic, killing 32 people. the industry is facing a public relations nightmare that could keep passengers ashore. do these two captains of industry have what it takes to turn the ship around and sail back into double-digit profit margins? the answer may lie halfway around the world. it is all hands on deck on "titans at the table." >> alright. open your eyes. betty: most americans remember the titanic as a movie. but beginning in the 19th century, giant ocean liners like this were the only way for the masses to cross t

is that a misperception of the industry? i think it is a little bit of a misperception. millennials do cruise because in our brand, families cruise. we have weddings on our ships, and those are often, you know, young people getting married and they have chosen a cruise as their, not only their honeymoon experience but their actual wedding experience and their wedding reception experience. so we have millennials on our ships, you know, around the world. betty: but the cruising industry does not live and die by getting millennials on their cruise? arnold: no, it does not live or die by it, but obviously you want to build your base of followers for the future. betty: still to come, the one destination that every cruising company is crazy to court. how big is china going to be compared to north america? arnold: eventually, china is going to be the largest cruise market in the world. ♪ ♪ betty: the cruising industry has built its success in the west, but halfway around the world, there is another market on the horizon that could

we talk to industry a lot.i'll tell you when i knew cybersecurity was getting really important to industry. i was giving a speech and after a speech i was getting questions from these two gentlemen. lots of good questions and i said, where are you from? they said coors miller. i'm trying to think, coors mill financial -- no, it was coors miller beer. i think the industry is getting this. the financial sector certainly got it a while back. is there a potential for a cyber pearl harbor? probably. i think it will depend on what scale of engagement. in kind of the normal phase 0, yeah, i think there will be persistent cyber probing, there will be persistent testing of cyber threat technology. i think that is something we're going to live with. i don't think, again, that should surprise us. any time we've had new technology, that's what happens. it gets probed. as it matures, it certainly becomes more available for threat to look at it. i think that's going to continue in the cyber world. and it will depend on a lit

this was a classic industry defense. they said the real issue in the case is not her cancer and what caused it. is that she was an independent, intelligent woman. she knew a lot about the ,ontroversy regarding smoking and she made an independent decision to continue to smoke, so it would be wrong for the jury to hold our companies responsible for the independent and autonomous decision that she had made. this was their argument. she eventually switched cigarettes. arguments they say look, we have seen a well documented in this case. he said, we know that they knew what caused cancer. we know that they knew it was addictive, and yet they put out ads like this and they had a major distant -- disinformation campaign to confuse their patrons. it is time for the companies to beginning -- to begin to take responsible it is for the health impact that over the course of the 20th century has been caused. in the end the jury found in favor of the company and said that she should be held responsible for her smoking. theme inis any

fort mcmurray, the heart of the industry. millions flow into pro industry messaging, and it spend $4 million on advertising in 2013 and 14. >> 65 million aimed at the market. we spoke to c a.p., representing more than 200 companies, cap has spend $2 million n adds in addition to campaign. the industry that is gone from not advertising to being active. there has been a lot of dialogue. spill. >> it's important to get the message out. >> there was a time the canadian media risked oil. but some now are addicted to the revenue from the petroleum industry. the canadians are wondering how much of real story is reported. and what doesn't. >> fuelling media skepticismar a few conflicts of from cases. >> in 2014 it was revealed that rex murray, a high profile commentator from c.b.c. was paid by the oil industry for seasons ed. >> the people that criticize you, why are you listening to them. >> the c.b.c. defended murphy saying the important thing to understand is rex is not a regular reporter. that is not true of the host. >> he poke

the industry is drawn a lot of scrutiny in decades past. series of incidents hit the headlines and scared passengers and public alike. from norovirus outbreaks on sick -- on eight separate cruises, two in a bola scare the created panic on a carnival magic cruiseship. to the devastating crash of the costa concordia in 2012 the killed 32 people and landed its captain in prison. then, there was the infamous poop cruise. a power outage stranded 4000 passengers without food or that happeneds before arnold donald took the helm. 99% of everyone the cruises has great time. -- the costa concordia was in action. that happens once every hundred years. arnold donald only became the ceo in 2014. he is turning a new course for the biggest name in the industry. their 62 cruise lines worldwide, serving 22 million passengers. big names like disney joined. carnival is the biggest with 10 million passengers, more than half the cruising population. the big marketeer means a bigger spotlight when things go wrong. >> one professor came out with statistics and fo

, the industry has turned to e-cigarettes. six years after the tobacco control act was passed, the regulations that deem e-cigarettes as tobacco products and make them subject to all of the rules in that bill have still not been finalized. as a result, e-cigs remain virtually unregulated at the federal level. no age limits, no marketing restrictions, nothing but a splotchy patchwork of state and local regulations. even though most states ban the sale of e-cigarettes to minors, this is not enough to combat the deliberate and well-financed work of the tobacco industry to hook another generation of kids on their products. now an investigation last year by house and senate leaders revealed how the tobacco industry is marketing their products to kids. it found that the industry is following the exact same practices of marketing to kids and teens that addicted ageneration to cigarettes decades ago. tobacco companies market e-cigs with cartoons and san saa claus. tobacco companies push e-cigs in phrasers designed to appeal to kids, f

of european industry throughout the world. and across the atlantic as well. that said, we have to prevent this fraud scandal from spreading. it was with diesel engines t. wouldn't be a good idea to predict end of diesel engines. we have clean diesel. it would be a mistake to condemn diesel and the car industry that uses diesel. madam commissioner, you made certain proposals and of course we are awaiting the test as quickly as possible on the real driving conditions. but i'm also wondering about how realistic environmental legislation is. are we sometimes too ambitious? sometimes when we talk about air quality and health, we need to be ambitious but we need to be pragmatic. let me conclude major industrial companies have to play the game of transparency and respect the rules if people are going to continue to trust them. thank you. thank you very much indeed. >> criminal behavior from any company at all, no matter the size is intolerable in the european union. not only it breaks the public trust. it also undermines the quality

and when it doesn't the industry slows. morgan brennan takes a look at the message this sector is sending. >> reporter: a disappointing jobs report from the labor department may be confirming what the transportation sector has been indicating for some time. u.s. economic growth is showing signs of slowing down. transports have been long considered a gauge of economic health. since so many goods for so many industries must come in contact with a train, ship, or truck. analysts say the sector has been telling a tough story all year. >> it was certainly the first industrial-led recovery we've had since 1961 in this economy from '09 through '14. but today we're seeing what appears to be the first industrial-led recession in a long time. >> the prolonged downturn in the commodity complex has been weighing on stocks exposed to crude oil and other materials. rain car loadings for u.n. pacific, norfolk southern, csx, kansas city and berkshire hathaway's dnsf continue to disappoint thanks to coal, petroleum products and metal. last

that is the steel industry. does he appreciate the devastating effects of the government's nonintervention in the steel entry -- industry? i have a question from a steel worker. many companies were exporting it. he wants to know what the prime minister is going to do to support the steel industry and its workers, who are facing redundancy. it is not time to walk the walk -- isn't it time to walk the walk instead of talk the talk? mr. cameron: i will tell you exactly how we will help the steel industry. it is in a very difficult situation. world prices have collapsed by more than half. action in 4to take areas -- procurement, energy costs, unfair competition and dumping, and tax and government support. he says what have i done so far. let me take my example on procurement. we changed the procurement rules so it is easier to source u.k. steel. is beinghy crossrail completed, miles of tunnels, using almost exclusively british steel. that did not happen under the last labour government. it does happen now. mr. corby

manufacturing industry touches live on all of us.ny americans rely on cars to get to work, do their jobs, transport their family safely. for these reasons the industry is regulated in vitally important ways. minimize risk of accidents, minimize risk of pollution choking our communities. today's vehicles have attributes one believed to be incompatible. they are safer, more efficient and less polluting. i will focus my discussion on 502 and a 0of the discussion draft. i would like to highlight the five important reasons these sections are flawed. first the discussion draft presents a false choice by asking members of congress to choose vehicle safety over pollution reduction. that is unnecessary tradeoff. the fact is that we need both safer motor vehicles and cleaner cars and trucks and there is no reason the american people can't have both. second, there is not a sound analystic basis for the proposal. the bill would encourage automakers to use this technology by giving them pollution credits for every car they manufacture with crash

so, erika, how is it possible that they have this kind of an industry of oil in the middle of the war where different countries are attacking them? >> well, that's the very interesting part because actually, attacking oil fields is quite difficult. you can't just bomb an oil field. it could cause a natural disaster and it could potentially hurt that country's future in terms of using its oil. so the coalition can only really go after refining processes or everything after the extraction. and isis has used that to its advantage. basically, it's taken over oil fields and has used employees who already were working at those fields to continue production. and the other thing is that syria has been in a war for about five years so, people in this region, when the government lost control, had been doing this for quite some time. what isis did was just take over production that was already ongoing and improve it >> sreenivasan: okay so who do they sell this oil to? isis sells this oil to everyone there. a lot of people think that the oil probably goes to turkey. but we found most of the oil

the private prison industry does not do that. >> okay. >> they lobby to win contracts. they lobby for there's a prison over there. we want to run it. >> you don't think that influences law makers to make decisions more in the interest of their funding than in the publics interest? >> it might but they're outspent at least 10 to 1 by the prison guard unions. i think the government prison guard unions have vastly more influence on those questions than private industry ever will. >> would it inflounce you if you got funding from cca or the geo group? >> no. >> do you get funding from cca or the geo group? >> i get -- i believe my company gets some funding from the geo group but not from cca. >> i was thinking about that. the pennsylvania case by the way, i don't think it's the exception. in 2013, pennsylvania, you know, canceled all of its contracts with private operators. you know why they did that right? >> yes. >> they did not think it was working. >> right. well, they had a really bad case of corruption and they -- >> the one. >> -- walked away from it. though you don'

at length it will affect the credibility of-year-old industry throughout the world -- of european industry throughout the world. present this ford scandal from spreading. be a good idea to protect the end of diesel engines. snd, and farmers who use vehicles. we know that we have technological advance in europe with clean diesel. andould be a mistake here now to condemn diesel and the car industry that uses diesel. madame commissioner, you have made certain proposals and of course we are awaiting the test results as quickly as possible on real driving conditions. i am also wondering how realistic are -- our environmental legislation is. are we not sometimes too ambitious? when we are talking about air quality and health, we need to be ambitious and pragmatic. let me conclude, our major industrial company has to play the game of transparency and respect the rules people are going to continue to trust them. thank you very much. criminal behavior from any company at all, the matter the size, is absolutely intolerable in the european union. it not only breaks the public trust it undermines the

industry.f i put those buildings there, they will come. betty: and they did. sheldon: and they still do. betty: when we come back, the battle for market share pits adelson against the ho family. not just lawrence, but his sister, pansy ho. she tells us how she is trying to keep the gaming industry all in the family. pansy: my father paved the foundation for macau today. we carry that torch. ♪ betty: sheldon adelson may be trying to conquer macau, but patriarch stanley ho's original empire is far from failing. his company, sjm holdings, operates the most casino tables in macau. nearly 2000. and sjm accounts for nearly a quarter of the revenue. we spoke with pansy ho, his daughter. she says gaming in macau is still a family business. you are the richest woman in hong kong. pansy: i don't know how they calculate it, but they say so. betty: do you feel, and among your own siblings, the fact that you are part of a legendary hong kong family? you have an added responsibility. pansy: we definitely fee

as attractive an industry as it used to be.f you can look at industrials and execute this is a very profitable business with high margins. that's what ge is going after. huge growth them engineering markets and international growth. that's where they want to go. >> channing, very quickly, does mr. immelt -- how long does mr. immelt have to execute those changes before mr. peltz and his company puts pressure on him to leave? >> i think if they can continue to execute on their plan, then he has a little bit of life left. if they start to stub their toe i think that peltz will probably step in. ge is a tremendous asset, a tremendous brand, and it should have been doing better for the last couple years. >> channing smith with capital advisers, thank you very much. ty? >>> trian's mr. peltz also went after du pont looking to gain seats on the board. he lost that one. but the activist investor didn't do well in that fight earlier this year, and late today, however, the ceo of du pont announced her retirement. ellen coleman plans to s

granger said its results reflect a challenging industrial economy in north america and if you're an industrialply company that is not good news for you. shares fell 6%, 207.65. the regional bank comerica saw its earnings fall 12% in part because of lower oil prices. the texas-based bank lends to a lot of companies in the energy sector. and that exposes it to those sharply lower oil prices. comerica shares were off about 1%. 42.26. and the worst performer in the s&p 500 -- i jumped the gun there. it was quanta services. it warned this quarter's profit will be below its prior forecast and the company continues to see pressure on its margins. shares walloped today, losing more than a quarter of their value. they finished the day at 18.74. and shares of the fresh markets soared on a report that the specialty grocer's founder was considering a buyout bid as reuters first reported, the founder ray barry, not the football player, ray barry is teaming up with a private equity firm to take the company private. the company says it doesn't comment on market speculation. shares finished more than 7% highe

the industry's current work on that question is being done by the arctic response technology joint industry program. they did not respond to techknow's request for an interview, but this video is posted for public viewing on their website. >> ice can often be our friend. it can provide a condition for us where the ice acts like a boom or a barrier that will limit the spread of oil. >> the industry position on ice is consistent. according to this 2010 industry sponsored report "the presence of cold water and ice can enhance response effectiveness by limiting the spread of oil". but ice is not always your friend. andy mahoney is an ice researcher at the university of alaska, fairbanks. he says industry field research shows oil can get into ice. >> what we do know from limited field experiments, mostly in norway, and even more limited field experiments in ice tanks and cold labs, that the oil will make its way into the ice. ice will be somewhat like a sponge, and so you'll have a mix of oil covered ocean, oil covered ice and oil impregnated ice. >> jip researchers suggest that oil impregnated

this was not about -- this is a law that exists for one industry. no other industry is protected. you can sue a toy gun manufacturer more easily, more readily, get damages than a gun manufacturer. this is what i want to talk about. special treatment of this industry all the time. and it's because they have a lot of members who give a lot of money and a lot of gun manufacturers. so, they get treatment -- favorable treatment in the legislature because then when they don't get it, they try to go to the courts and jonathan will say i'm a sore loser because i want to go to the courts to strike down the legislature. we both go to the courts but the truth is, they do this all the time. the gun lobby tries to get special protections, special rights nobody else has, no other industry has, no other person has, no other type of law has. they just passed a law in pennsylvania last year to allow anybody who could lawfully own a gun in pennsylvania or any group of such people, i.e., the nra, to sue any time in pennsylvania that passed a law regulating firearms. nobody else can do that. they cre

the wine industry languished. came the greaton depression, and after the great depression, world war ii, and it wasn't -- i like to date the wine renaissance in sonoma the 1970's, when it was kind of a health kick of that america went on and is still on, the whole idea of the , andtic approach to food wine seemed and is more helpful than hard liquor. with that one country label that started in the 1970's, by the 1980's and 1990's, we were beginning to be better and better known, and we became a tourist destination. that whole wine country thing has boomed into tourism and now brings over a billion dollars a year to sonoma county. we are in the west river valley, part of one of the wine appellations in sonoma county here in northwest san francisco. first purchased the ranch in the late 1950's, they did not know at the time saw quite a change in the agricultural industry happening in our little valley here. it was the late 1950's, the end of hop production, and we still have a neighboring winery that uses the name.

the dow jones industrial average gained 235 points to close near 16,285. nasdaq rose more than 100 points. and the s&p 500 added 36. even so, stocks here and abroad ended their worst financial quarter in four years. a federal appeals court has struck down a plan to let colleges pay student athletes up to $5,000 a year. today's ruling said the proposal to offer cash to football and basketball players would destroy amateur athletics. still to come on the newshour: russia launches strikes in syria. the prime minister of iraq on fighting isis. a new round of drama on capitol hill. and much more. >> woodruff: russian military aircraft bombed a number of sites in syria today, deepening it's involvement in that nation's civil war. but there are conflicting reports about exactly what russia was targeting. hari sreenivasan has this report. >> sreenivasan: this amateur video purports to be first evidence of russian warplanes in action over syria: plumes of smoke rising over cities, as fighters streak across the skies. the assault began hours after the russian parlia

haynes: that is a big question. industry. it is totally different now in terms of the number of funds, about of money they have, the credit this that results from that -- crowdedness that results from that. we took of you -- a view recently, that says the market is down by half over the last 20 years. hedge fund has undoubtedly had role in that because hedge funds move fast and create a lot of efficiency in the market. if you look forward, it is not an easy place. gary: do you expect more funds are going to close down and get significant redemptions by the end of this year? mr. haynes: i think it could happen. i don' t really worry too much about what is happening in other funds, but as i look forward, i think the cost of being excellent heaps going up. that could be the cost of developing people, the cost of maintaining a proper compliance environment, the cost of eta -- data, but this is an industry that 10 or 15 years ago had very little barriers to entry. gary: thank you for the inside. we will be right back with more. "w

industry or whatever.e an engine of innovation in all areas and the world benefits. >> professor joyce is that a deal that you can live with? and your young students who you're sending out in the world to be pharmacists? >> i think we do have -- there's an underlying belief that the market is innovative and effective in some ways and we have to guard against abuses of some in the market, we talked about daraprim. but the lifesaving drugs let's say helpc drugs by gilliad, not only cure symptoms but disease. the value to the company is great but also greater to society, if you sort of quantify what are the value in life years saved from those hiv medications, antiretroviral, that change hiv in a terminal illness to a chronic disease, most of the values went to patients and their families with hiv. no more than ten or 20% of the value generated went to the innovative companies. so in essence there really are societal values and when the drugs become generic, still reaping the benefit of daraprim 60 years late

s in many industries including the mining industry with 10s of thousands of jobs have been threatenedn is bosses say by their rising wage bill. >> that's a big problem there south africa, plain is for your viewers, tania. >> reporter: yeah, it's a huge problem. and this was revealed by that university of cape town study which really coined the term, they say that there are five and a half million workers en employed and work 35 plus hours a beak, so full time and yet they can still not afford to support their families. they live from hand to mouth and i met a domestic work, he a cleaner, who works six days a week, well over 35 hours, she has a daughter to support, she is a solo parent. she earns $88 a month. it's not enough to get her through to the end of the month. she's need to borrow money from neighbors and friends from her employer as well and yet says she feels lucky that she has a nobody and this is the difficult situation workers and employers are in one in four adults in it country i is unemployed. even though the money is not good many feel grateful just to have work. >> ta

we have a wonderful, storied agriculture industry here. -- story here. my parents immigrated from switzerland in the mid-50's. my dad's dream was always to start his own dairy farm in california. he was able to do that by purchasing this property, and started milking 50 cows twice a 1958.nd the end of there was a big change in the dairy industry in the early to a lot ofin california, large dairy farms going in the central valley. i talked to my parents at the time, and we looked at our options. it was pretty evident that our profit margins were going to be squeezed in the dairy business. so obviously, living in this area, we saw the changes in the growth of the wine industry and grape growing. so i felt it was really important for us to diversify into wine grapes. slowly in the late 90's, doing that, and slowly grew the vineyard to about 40 acres over the last 15 years. the diversity is actually helping us, but just diversifying doesn't necessarily equate to profitability. as long as we are diversifying into higher value crops, we have a chance at keepin

this casts a shadow across our whole industry and reflects on european industry throughout the world across the atlantic in the ttip negotiations. that said we have to prevent his fraud scandal from spreading. it wouldn't be a good idea to predict the end of diesel engines. there are farmers who use diesel vehicles, it would be a mistake here and now to condemn diesel and the car industry that uses deseal. madam commissioner, you made certain proposals and of course are awaiting the tests as quick as possible under real driving conditions. i'm also wondering about how realistic our environmental legislation is. are we not sometimes too ambitious? yes, certainly, when we're talking about air quality and health. we need to be ambitious. but we also need to be pragmatic. but let me conclude, our major industrial companies have to play the game of transparency and respect the rules if people are going to continue to trust them. thank you. thank you very much indeed. >> criminal behavior from any company at all, no matter the size is absolutely intolerable in the european union. not only

the parallels between what the tobacco industry did and what the fossil fuel industry is doing now are so striking, i suggested in my speech of may 6, that it was worth a look, that civil discovery could reveal whether the fossil fuel industry's activities crossed that same line into racketeering. i said that again in an op-ed piece i wrote in "the washington post" on may 29, regarding the civil rico action against tobacco. and oh, my ... what a catarwalling has ensued from the fossil fuel industry trolls. here is a quick highlight reel. one climate denier, christopher murchgton declared "senator whitehouse is a fascist goon." and the official exxon responder got so excited about the suggestion that he used th a wod i'm not even allowed to use on this senate floor. he forgot word one in crisis management: don't lose your co cool.. brightbart said the notion that there is an industry-funded effort to mislead the american people about the harm caused by carbon pollution is a joke, a conspiracy theory on par with area 51 or the faking of the moon landing. wcialwell, tell that to the tobo

exactly how we will help the steel industry.t is in a very difficult situation. world prices have collapsed by more than half, and the surplus capacity in the world is more than 50 times the uk output, but our plan is to take action in four vital areas -- in procurement, in energy costs, in unfair competition and dumping, and in tax and government support. honorable members opposite are asking, "what have you done so far?" well, let me take one example. on procurement, we changed the procurement rules so that it was easier to source uk steel. that is why crossrail, 26 miles of tunnels, the biggest construction project anywhere in europe is using almost exclusively british steel. that did not happen under the last labour government. it does happen now. jeremy corbyn: isn't the real problem that the government does not actually have an industrial strategy to protect this country's most important industries? if they had, they would not have had to be dragged kicking and screaming to this house three times in the last eight days. th

that can really save lives and prevent industry fraud. thank you so much for the opportunity. >> mr. welch, you're recognized for five minutes please for an opening statement. >> mr. chairman, ranking member schakowsky, i'm peter kawelch. i'm president of the national automobile dealers agency. a nationwide trade association that represents the new car and truck deal earls throughout the country. the draft bill before you today contains a number of provisions nada supports. dealers support 100% recall completion rate and, again, we commend the subcommittee for its efforts to help us achieve that goal. the recall system congress enacted depends on new car dealers to fix the millions of vehicles now under recall. last year alone, our members performed 59 million warranty and recall repairs and unfortunately set to break this record again today with the burgeoning number of recalls that are being issued. for the owners of recalled vehicles, it is the local dealer that remedies the defect or noncome form answer. with a notice and fail to act,

the public expects nhtsa not industry to set safety standar standards. the draft legislative proposal would require nhtsa jupiter certainly converses incarnation with the manufacturers and would prevent nhtsa for making them public until manufacturers are made of able complete list of vehicle identification numbers are affected vehicles. this proposal would require nhtsa to withhold safety defect of information from the public and give the manufacturers responsible for the defect control over the timeline and release of nhtsa initiate a recall actions. this proposal because the agency's enforcement authority as a direct conflict with other congressional interest to increase the transparency of safety information. it would be hard to argue that the best response to recent events affecting auto safety is to erode nhtsa's ability regulate and oversee safety. what is required is to strengthen our ability to achieve its mission by working together to address gaps in our 40s and resources. discussion of these and other issues are sent to torture goal of greate

we have overcapacity in almost every industrial industry around the world.what do you mean? >> more car manufacturing than we ever had before. more agricultural capacity. productive -- driven a lot by chinese demand. now have a lot of overcapacity and we will work our way through that. the other thing hurting the u.s. economy is the dollar evaluation. the dollar is so strong that it not justating into less revenue but translating to the effect -- the fact that it is going to compete. david: let's take a look at some astronaut is taking out there in space. he has been documenting his time through a series of photos on his twitter and instagram account. he tweeted a picture of hurricane patricia. pictures of the sun rising above the earth. close-ups of u.s. mountain ranges. south africa at night. withll be right back "bloomberg ." ♪ vonnie: welcome back. duke energy is adding a gas distribution company to its network. price, four point $9 billion in stock. shareholders will get a 40% premium. toyota regained its sales lead over bush wagon. through septembe