parker.been a fabulous if you saw what they did, they invested kkr money.-term investment for them and me. >> here is what people do not understand, they look at mastercard up 20 times since its ipo, lisa is up six times since ipo four years ago and they wonder, on the backend, is first data processing the transactions? why hasn't your company benefited similarly? >> this is waterfront property. we came up with the lbo and hit the worst financial time in the world and, at the same point in time -- >> so did mastercard and visa. >> a lot of money was chasing payments. the position of the company was not designed to invest. now it is designed to invest and grow. we have built seven products over the past year. payment is a growth industry and you will see us continue to grow. >> what role will acquisitions play in the future? you have but three companies in the past year? >> yes. they are all technology companies, all someone startups that we enable. i am proud of the work our technology team does. the fact that we can embrace the silicon valley, silicon alle

so duracell was owned by kkr at the time. when they sold it to gillette.f course the argument was you would sell batteries in the front of every store right next to the razors. that was a distribution play at the time. so it'll be interesting to see what it looks like as an independent company. i'm not looking at that note that's just crossing the wire. i don't know if they discuss that or not. interesting little story. we'll have to -- >> a.g. saying we thank duracell for their business. i'm confident the new ownership structure will provides future growth plans. >> here's a question. do you put batteries in the category of technology? >> i don't know. in terms of -- i wouldn't put the standard batteries in that category. but i guess if you're looking at an elon musk type of battery, sure. >> the only reason i ask is warren buffett has reticent to buy technology companyings. >> where they are right now it's not high-tech at all. at duracell. >> batteries have been very slow to evolve. >> and there's -- you know, the new ones are not just like duracell. i

to increase their evaluation of to appeal to toys 'r' us and their private equity backed companies kkrnd bain. finra started investigating. not sure how exactly they got involved. >> very interesting. a great scoop. thank you, leslie picker. something betty liu will ask jimmy lee, the vice-chairman of j.p. morgan when she speaks to him later on. still to come on "in the loop." luxury chains may have the upper hand. customers unhappy with old navy. should your size determine the price of a pair of jeans? ♪ >> you are watching "in the loop." live on bloomberg television and streaming on bloomberg.com. here's a look at our top headlines. -- better than for airbus.ofit program superjumbo closer to breaking even. old navy under fire for charging more for women's plus size jeans . a petition has gathered more than 36,000 signatures online. in an e-mail, a company spokeswoman says the items are specifically designed and manufactured for plus size women and cost more to make. men's jeans cost the same in matter what the size. with two weeks until black friday, the competition between retailers

reverend williams says some 5,000 people kkrwill be served warm philomel with all the trimmings on thanksgivingoad to be a part iw5 >> i grew up about five minutes always come back to my roots. >> part of being thankful is contributing and appreciating what we have and help other people have. >> kowhat we put together help people get a chance of belonging and makes me feel good knowing i can do something. >> breakfast will be served here from 7 to 9 in the morning thanksgiving day and dinner about anpjhour later through t early afternoon. t% kron4 news. >>> still ahead more problems for toyota as a problem oziwit the air bags forces another 1- of recalls. plus surveillance video of an officer involved shooting that killed a 12-year-old cleveland boy. what 8 that incident. >>> here's a live look outside the toll plaza. the people not working but we are at kron4. we got you covered. we'll be right back in just a z >>> more than 400,000 people enrollment this year. t5 come errors april 1 million applications were submitted to healthcare.gov. enrollment closes february 15. renewing coverage who

. >> people forget duracell was sold to gillette by kkr for $7 billion. buffet's not paying anywhere near that amount. >> no. you're still seeing duracell and you have to have the cs and ds and as. >> still a big business. >> nothing replaced that yet. it's interesting. i still haven't seen the generics take on duracell. there are a lot of companies where you go in. the other products look a lot like the store brand. one day i think a cvs is going to have a battery and we'll use it because it will be the same as duracell. right now duracell convinced people they are different and better. >> shares of dreamworks surging premarket. hasbro in advance talks to buy the studio known for ""shrek." such a deal would help them find a new big screen outfit for its toys lineup. a lot of skepticism about what this would do to hasbro's risk profile. in a business where free cash flow is hard to come by. >> i like what hasbro is doing. this is a big leap of faith. people behind dreamworks, brilliant. i did this danny meyer index, the great hospitality king. he put drea

kkr and clayden and maybe the return of a club-type deal. >> you know, i spent a lot of time at petsmartthey got it right. they even got their online offering fixed. i hope management is involved. my hat is off to petsmart. they had a bad offering. they had terrible online. they made some acquisitions. they really fixed it. just when they've really fixed it with the wind at their back, of course these guys want to come in and take it over. now that the hard work's been done, my congratulations, petsmart, i had been very skeptical. again, skeptical of target because these companies were poorly run. you don't believe they can reinvent themselves. that is a mistake in view of capitalism. >> finally on staples, we mentioned the seventh quarter of declining sales. is amazon just taking the office products? >> the merger of office depot and office max has definitely cut competition. the fact they closed 127 stores in north america -- mine closed. i always felt when i was in there, wow, i got a store to myself. i could see a bowling alley here, maybe a changing room over here. staples has gotte