here is more of my chat with joe tsai. ave to look at this particular case as what it represents in terms of what we want to do in investing in movies. we want to invest in quality production and the process of us committing to this project and green lighting this project is very interesting. one of our team members saw the movie and she really pushed this internally. so the committee that decided to commit our capital to help make the movie was convinced that this was going to be a quality production. we got involved because we see the opportunity to bring high-quality content into china. so we went through a process of getting the project screened through the quota system, so the movie is now going to premiere in china on march 1. tickets will be sold on our internet platform and we expect a very good result. emily: do you know if any of the trade talks involve getting better access to the chinese market for u.s. studios, getting better ticket revenue, for example? joe: i'm not aware if that is a specific conversation wit

that was joe tsai.pologized for using racially insensitive labels in an online job application. choose -- forced classificationen still ask for in brazil and south africa. , mike cagney is back with a new venture after allegations of sexual harassment. he is not the only man from the me too movement back at work. we will discuss, next. this is bloomberg. ♪ emily: 21st century box was ordered to pay millions to bones whothe tv drama claim they were cheated out of profits. they claim that's the word includes 129 million dollars in punitive damages to deter become it from future conduct. fox filed a request to either correct or vacate the award. 2017, my cat he was ousted from so five amid allegations of sexual harassment. now back with a new startup and new funding. of the year announced a funding round wednesday led by rpm ventures. loansvides home equity online in as little as five days. here is thaty cagney got a second chance pretty quickly. what did he have to say about the allegations against him? >

coming up, an exclusive interview with joe tsai.hether investors should be concerned of an economic slowdown in china. >>> calling for regulation of big tech, elevation partners roger mcnamee will join us to weigh in. >>> rally day on wall street. take a look at the major averages, an hour of the trading day left 1.5% gain for the dow. s&p up 1.3%, the best day of february for stocks. almost every group within the s&p is higher. materials and financials in the lead only rae estate is lower nasdaq up 1.4% even the russell which led yesterday is up a percent on its own. >> a last week europe kind of was lower and we were resilient against that this week, sorry europe and the rest of world much slower. we have taken that lead each morning from the international and improved it. near the highs of the session. let's begin today in washington with the latest on the government shutdown. ylan mui has more for us ylan >> reporter: mitch mcconnell putting the ball squarely in president trump's court. gop senators just wrapped up the weekly po

caroline: to catch the full onerview with joe tsai "bloomberg technology" at 5:30 p.m.rn time. from new york, this is bloomberg. ♪ caroline: michael cohen is back again for more testimony. he continues his testimony on the house oversight committee on capitol hill. we will bring you the developments. tune in to bloomberg's terminal if you need it. the largest private equity gathering in the world is kicking off in berlin. then kelly sat down with carlyle group co-founder, david rubenstein, and that is where he topics.er many >> we thought that when we turned our late 60's or got close to 70, it would be a good idea to have the younger people running it. we asked two people to run it day-to-day. become executive chairs, bill and i. we have influence if you are a big shareholder, and bill is still in co-cio. i do spend time on other things. i this my money outside of carlisle -- carlyle. i'm the chairman of the smithsonian, chairman of the library of congress port, and chairman of the council of foreign relations. i generally have a tv show you may know on a very good net

coming up, an exclusive interview with joe tsai.ther investors should be concerned of an economic slowdown in china. >>> calling for regulation of big tech, elevation partners roger mcnamee will join us to weigh in. >>> rally day on wall street. take a look at the major averages, an hour of the trading day left

. >>> coming up later today 4:20 eastern time a big interview, alibaba, executive vice chairman joe tsai sitting down with leslie picker. is he worried about a trade deal or worried about a global slowdown we are going to find out today at 4:20. really a buck and a half above where it is now, but they're want seeing any new return that stock up 17% over the last year let's turn now to retail because if you want to know how the u.s. consumer is doing, there is no better sector to watch we are downtowning down to under armour results the retailer reporting its numbers before today let's tell you what to expect. stacy willits, president, and a cnbc contributor you have been basically unkind to under armour. it has disappointed investors. do you expect any different today? >> i don't here. i think we've seen under armour go through a phase where they've cleaned out their inventory. their inventory is under control here however, if you look at the quarter, they were still incredibly promotional, and the story is that, hey, they're not going to be promotional going forward, and they're going t

albuquerque vice chairman joe tsai here with us, 4:00 p.m.hinese consumer and its economy and also the state of play with the trade talks going on in beijing, what's the level of optimism from china is it as strong as it appears to be on wall street. another really strong day. >> see you this afternoon. sara, thanks. >>> shares of chang surging after results. the ceo is with us and an interview, sitting down with ginni rometty when "squawk alley" starts in three minutes when did sleep become something that requires effort? with tempur-pedic, it doesn't. enjoy our most advanced pressure-relieving material for the deepest sleep you've ever had. this presidents day, save up to $500 on select adjustable mattress sets. find a retailer at tempurpedic.com. on select adjustable mattress sets. when yowhat do you see?itical issues facing our world, we see breakthrough medicines getting to patients in record time. we see harnessing natural gas unleashing the promise of clean energy. we see engineers simulating the future to improve today. at emerson, wh