jim ross runs state street and that controls the spider the biggest etf in the world.t is going here? jeff wants to fwet into the etf business. why is that? >> you know a couple of different reasons. one is the etf business has been growing fast. it's a great place for clients to use -- clients like to use etf's. they're a great tool for clients to use to broaden their diversified portfolios and, you know, jeff has interest to get into this business. being able to pull that off together. >> you have to admit active management has -- it's sort of the last area that etf's haven't conquered yet. there's only one out there. the bomd, and that's the pimco total return fund. that's been a reasonably successful active management etf. nobody else has done it. you think the time is now for active management? is that the argument? >> i think in certain segments of the -- remember i come from a broad etf primarily, but we do have an active etf. i think in the -- where you can be fully transparent and you need a significant amount of skill to deliver, and i think in certain segmen

. >>> jim ross is bringing his one man show to philadelphia it's january 25th and jim is a pretty big philly fan. >> i'm looking forward to getting to philadelphia and getting a nice cheesesteak and enjoying the excitement and the passion of the philadelphia fans. it's very much a buck the list for me i have owed philadelphia something for a long time. >> the event is on the same day as wwe's royal rumble event at the wells fargo center. a big day full of activities for wrestling fans. after he has the cheesesteak. >> thank you. still ahead here, they said it was a tribute to martin luther king jr. but critics call it inappropriate. the menu that has lots of people talking today. >>> and mansion mystery, six people are missing after a $10 million home goes up in flames and parents who went overboard planning their child's party but one family overseas what they did when one child didn't show up. thank you, cable for the slower internet upload speeds. for fewer video on demand titles. thank you cable, because if we never had you... ...we wouldn't know the incredible difference verizon

and many lack of fan favorite character and fans are really excited for the new star wars will be jim rossas the story as it is hollywood >> reporter: his hitting back the courts and is a weekly progress critics of the final season n.j. where the actors come along for the ride seizes them from their january 13th. notice is is more eager for the jet at a prison service fee but fans still have about a year to wait and is now scheduled to release this fall for his role his measure of farms and those the bus fee according to variety it had printed undiagnosed the brain cancer he was 71 years old. protest across the country in the bay area of the damper on some new year's celebration was the latest on recovery has been following the market mild bay area traffic and weather this morning freezing up there were false advisory and freeze warning for today. huh, fifteen minutes could save you fifteen percent or more on car insurance. everybody knows that. well, did you know you that former pro football player ickey woods will celebrate almost anything? unh-uh. number 44... whoooo! forty-four, that's

what hollywood minute i'm jim ross.rts that his four long recess every item to ensure their authentic on these gladys' out jackets clothing and personal documents are lies a city options today there was would have been 80 years old yesterday. a major university facing also accuses members on the basketball team of rape will have details of plus getting ready for closure of the golden gate bridge you have to come down to concede from midnight tonight and have more will be right back in just two minutes. [suspenseful music] [suspenseful music] [male narrator] child abduction by a parent or family member is a crime. get involved. if you have any information concerning a missing or abducted child, plea call 1-800-222-find or contact your locallaw enforcement. you might be the one who saves a child's life and their future. >>mark: we wanted to lead to them and our friends a lot happened overnight a delicate operation underway to try cancer was suspected of killing 12 people out of paris newspaper. >>darya: they have a brothe

ross. >> well thank you very much, jim. it's a pleasure to be here. we have been performing this budget since 1899. it was originally published in forbes but we decided to take it in house and publish ourselves about four or five years after that. the index is really an outcome based measure of economic performance. it is a look at traditional business cost warehousing costs were quality of life such as crime rates. we believe that both static measures are certainly important, but they don't cover the true dynamics and they can be very subjective. so, we believe communities that can create jobs and attract human capital are the best performance cities over the long haul. the goal to help businesses investors, industry associations economic development agencies, academics, public policy groups, monitor and evaluate performance in where they work, and where they live, relative to the rest of the country. and as we've already noted, it's no surprise were releasing this today in san francisco, so san francisco is number one this year. yes. >> [applause] >

ross. >> well thank you very much, jim. it's a pleasure to be here.ince 1899. it was originally published in forbes but we decided to take it in house and publish ourselves about four or five years after that. the index is really an outcome based measure of economic performance. it is a look at traditional business cost warehousing costs were quality of life such as crime rates. we believe that both static measures are certainly important, but they don't cover the true dynamics and they can be very subjective. so, we believe communities that can create jobs and attract human capital are the best performance cities over the long haul.

ross. >> well thank you very much, jim. it's a pleasure to be here.e have been performing this budget since 1899. it was originally published in forbes but we decided to

. >> [applause] >> ross, thank you for that wonderful presentation and jim, it's also pleasure to work with you and they are counsel. the milken institute. thank you for showing that san francisco continues to be the best city to live to work to play. i am very very honored to be its mayor. i get to work with quite a few great talented in our city and some of them are in the audience. that help me continue making the city a success. i want to say too that this is up in the case. i've been around long enough to know that. you know, my favorite line in this discussion, ross, that our job growth is really an unrivaled accomplishment quote unquote. we forget sometimes just not very long ago how hard it was to match imagine this. how unprecedented this recovery is, given that when you look at the other cities that we are compared to, you know that we are very limited geographically. so we have to be pretty inventive as to how we do this. we have worked hard. there are some basic things that i'll share with you as part of the panel today as to how we may have gotten there but we were not see

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clyde ross, who is in his early 90s now and one of the essential theses of the piece is that we tend to think of segregation and jim crow. and we see, you know, separate but equal. we see separate water fountains separate bathrooms and i wanted to deepen that and say that the relationship is actually different. it's not merely excluding somebody. it's the taking of resources from one group for the betterment of another group and this happens in all sorts of ways. slavery is obviously the most direct way, but clyde ross, who was born in mississippi, literally has his family's land taken out from underneath of him and reduced to sharecropping. when you talk about mississippi, and you say african americans not having the right to vote, this is not, like, a symbolic thing. this is the right to see how your tax dollars are used. it actually has effects on your life and he saw that, and he moved north. he went, served in world war ii, noticed that things were a little different in the country, came back, could not live in mississippi. moved to chicago, thought it was different. you know, and certainly some things really

three, two, and one. >> with ross's busy schedule i only have been able to get him into the jim one othern do in his hotel room the reduction is officially under way. >> nicely done. >> i burned 500 calories watching you. how do you feel? >> after watching that not so great. >> why? >> it changes the way you act day to day. i'm wearing this pedometer and i walk 10,000 steps a day. she follows me at 11:00. you have only walked 9,000 steps. >> a bit of a stalker. he does it. >> it trains your brain to get into that mode. it helps. so far i have lost five pounds. >> you look good. stand up and show everybody. >> never do the segment after bradley cooper. that's the key. i feel good though. >> he said it's a question because he wanted to have lost more. >> everyone's body type is different. maybe your metabolism is slower or retain water. there a hundred maybes. he didn't gain a pound. it took his body time to get into it and he lost five pounds quickly and we have a couple of weeks to go. his mind is changing. he is embracing this and into it. this guy was not into this at all. >> i was afra

ross joining us to discussion. george soros wants to sell you a car. we'll talk about that. plus jime new york stock exchange. "squawk box" will return in a moment. being a keen observer of the world has gotten you far but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. >>> welcome back to "squawk box," everyone. we've been watching the futures and they've been under pressure after the greek elections yesterday. however, as you watch through the morning, you see they've improved drastically. dow futures now down by 43 points. the nasdaq down 2.5. >>> the squawk platinum portfolio is in session. now you can go on cnbc.com to track the managers' picks. plus read their exclusive analysis. here with us now to share her picks is the cofounder at winblad partners. you ha