down for all sit conversation with our own kathleen hays. for a conversation with our own kathleen hays. tom: there is a nuclear security summit, that is the formal designation. far more importantly than the photos taken will be the back. our national security correspondent for bloomberg news. it is great to have you on. let's cut to the chase. what is the backstory between mr. xi meeting with mr. obama? happens only what the sidelines, before or after, that really matters. anytime you have the leaders of the world's two biggest economies meeting, it is news. aboutre expected to talk north korea, the effectiveness of the sanctions put on north korea. you could have issues like deployment in the south china sea come up. andwe have seen with china the u.s., they have forged an effective working relationship. about the g7alk and g-20, but when china and the u.s. agree, there is a g2 that brings the world along. lond --m sure that mr. that mr. hollande will be talking about terrorism. is it possible they will want to hear from mr. obama about ou

of then: live pictures chicago fed president sitting down with kathleen hays.interview, and some of the headlines, next. ♪ matt: i am matt miller in the hp greenroom. tomorrow, do not miss yes for jobs lineup. lineup foriss the jobs day. vonnie: i am vonnie quinn. planning to open 1500 new mcdonald's restaurants in china, south korea, and hong kong. they're looking for partners. mcdonald's has 2800 restaurants in the region, most owned by the company. david cameron is trying to figure out how to prevent the closing of a factory in south wales. ttal has decided to close the ctory.fa they're considering all options, but have ruled out state ownership. emerging markets ownership, stepping down. mark mobius is steppin -- is passing on his responsibilities. mobius will now focus on bringing investors back into emerging markets after years of declining values. that is the latest bloomberg is no splash. jonathan: equities in the u.s. are surging up a 2/10 of 1%. the s&p 500 is flat. let's go to the index to get to the movers. index is flat, but we have big movers. we