call to receive $1,000 off your kohler walk-in bath.ht now we're offering no payments for 18 months. and i have to say, we will not come back just to meet again in person, and videoconferencing will disappear. we will look for a combination of the two, because videoconferencing is very good to transmit knowledge, to transmit information. but physical meetings are important to create trust. david: what lessons have you learned about how to deal with people, or deal with the world economic forum, as a result of covid? klaus: the key lesson is we have to cultivate resilience. i think we have to develop for our societies a higher degree of resilience. and by the way, how we do it will be one of the themes of the next annual meeting in davos. ♪ david: let's talk about your background and how you came to create what is known as davos. where did you grow up? klaus: i grew up in a middle-sized town just north of switzerland in germany. and i actually still experienced the horrors of world war ii. i remember how i was sitting with my teddy bear

call to receive $1,000 off your kohler walk-in bath.ht now we're offering no payments for 18 months. right. that said, i do not think this is optimal, especially on the creative side of the business. david: and you expect that when covid is behind us, there are things you and the company have learned about will do in the future in terms of how to manage the company differently or with more technology or not? bob: one of my instincts tells me when this ends, hopefully it will soon, people are going to be starved for being outside, being among other people and there is going to be a huge rush out. getting out of their homes. that might include going back to the offices. even though a lot has been said about people never going back to offices, i actually think the opposite will be case initially. do we have to be there every day? probably not. we don't have to be there as much as we used to be. i think there are definitely economies we have learned to operate with and under covid that will apply in the future. ♪ david: so how did a nice je

call to receive $1,000 off your kohler walk-in bath.re offering no payments for 18 months. ♪ david: what was it that propelled davos, as we are calling it now, or world economic forum, to go from a 444 person event to a global phenomenon? what was it that changed things and made it so popular and so important for people to attend? klaus: i think if i look over the last 50 years, it is the conviction that the big issues in the world need a collaborative approach. business has to interact with government leaders, but also, if you want to plan long-term, you have to know how customers feel, how the young generation feels, what experts are thinking. so davos became a place where you really could absorb what the future will bring you. i think intellectual or contextual intelligence, to know what is going on not only now, but what will happen in the future, to connect the dots became more and more important for business leaders when they looked at their long-term strategies. david: over the 50 years or so, have there been one or two or three

call to receive $1,000 off your kohler walk-in bath.e're offering no payments for 18 months. ♪ ♪ >> i need two senators from this state. i want to get something done. not two senators who are just going to get in the way. >> we need david perdue and kelly loeffler to get in the way of open borders, socialized m.d. sin, a green new deal or packing the courts! [cheers and applause] we need e two georgia senators who will get in the way of the radical agenda of the democratic party and fight for georgia every day! gerry: that was vice president pence, of course, taking on biden in georgia for the fourth time in, for mike pence the fourth time in the last few weeks to boost the republican senate candidates david perdue and kelly loeffler, senators in the gar runoff election -- georgia runoff elections in early january. a most recent poll this week shows both republican senate candidates with a slight lead over their democratic rivals. 76,000 new voters have registered in georgia by the december 7th deadline, enough to make a difference in t

call to receive $1,000 off your kohler walk-in bath.now we're offering no payments for 18 months. ♪ >> we need to make sure that president-elect joe biden is picking as many progressives to his cabinet as possible. we support people like janet yellen, people like john kerry and some others, but when i hear named like rahm emanuel and bruce reid, you know, it makes my skin crawl. [laughter] david: one of the newest editions to aoc's squad, jamal bowman, speaking out against joe biden for not being progressive enough. joining me now is the editor and publisher of jacobin magazine and author of "the socialist manifesto." and former senior adviser to joe biden, moe vela. i won't ask you who makes your skin crawl. we'll focus first on policies, maybe then on personalities. which of your policy goals as a socialist are you most worried about getting cut or watered down by biden agenda? >> well, i think the most important thing right now is what we can do to restore -- in this country. joe biden has made overtures to organized labor, but it's

call to receive $1,000 off your kohler walk-in bath. offering no payments for 18 months. ♪ maria: welcome back. well, it has been an historic week in the battle against covid-19. president trump announcing on friday that the moderna vaccine has been approved for immediate distribution and emergency use. this comes, of course, as millions of doses of fuser's -- pfizer's vaccine are making their way to hospitals and locations nationwide. friday vice president mike pence received his vaccine shot on national television to prove that it's safe and effective for use. one of the facilities receiving the vaccine is the world famous cleveland clinic. i spoke with the clinic's ceo, dr. tom mihaljevic about how they're preparing for distribution. watch. >> it's absolutely remarkable that we are receiving the vaccine within a year from when the pandemic started here in the united states. this is a new type of a vaccine. this vaccine does not contain an actual virus. it, rather, contains a message, we call it a message, messenger rna, that helps in

call to receive $1,000 off your kohler walk-in bath.t now we're offering no payments for 18 months. ♪ ♪ maria: welcome back. well, new lockdown restrictions in focus this weekend while states is have enacted new lockdown measures to combat the escalating virus surge, business owners are pushing back to avoid another shutdown that could shutter their doors for good. this week california governor gavin newsom announced the strictest measures since the spring, a new round of regional stay at home orders that will shut down outdoor dining, hair salons, playgrounds, just in the next few days. joining us now to talk about the impact is peebles corporation ceo don peoplings. don, it's great to is see you this weekend. really important to get your insights on the impact of all of this. i actually went to the hair salon the other day, and my stylist said to me, maria, if they shut us down begun, it's over for us. we won't be able to come back. what's the impact of this surge in coronavirus and the resulting shutdowns? >> yes. i think the shutdow

call to receive $1,000 off your kohler walk-in bath.nd right now we're offering no payments for 18 months. >>> we've got to get the attorney general to act. he's got to act and he's got to act fast. he's got to appoint somebody. this is major corruption and this has to be known about before the election. charles: that was president trump back in october trying to get his attorney general to quickly investigate corruption claims against hunter biden. now according to the "wall street journal" bill barr actually knew about them then but kept it under wraps to avoid affecting the election. the mainstream media has also worked pretty well to keep the whole story quiet. i want to bring in arkansas republican congressman and house intelligence committee member, rick crawford, on this. congressman, i don't even know where to begin, because we were all told we were dumb, it was russia, it was desperate president, but you know, we are talking officials in the highest parts of our government once again knowing something and not sharing that infor

call to receive $1,000 off your kohler walk-in bath. we're offering no payments for 18 months. ♪ ♪ maria: welcome back. the state of retail in focus, we are two weeks away from the christmas holiday. consumer demand is surprisingly strong despite the shutdown and this pandemic. core retail sales up 8 president year-over-year the last few months as americans are spending big going into the holidays. toy sales have been a win, sales actually have have surged. joining us to weigh in on the retail environment and the backdrop from the if economy is former chairman and ceo of toys r us, jerry storch. it's great to see you, thanks very much for being here. first, assess the situation for us. i'd love to get your take on where you see retail going, how it's changed and what's really in demand right now. how do you assess where we are right now? >> well, as you say, retail has been tremendously strong, and i don't know, sometimes people report, no, it's slowing could be. i don't see any sew slowdown at all. it's been very strong for many months

call to receive $1,000 off your kohler walk-in bath. now we're offering no payments for 18 months. ♪ ♪ jack: this week barron's announces our much-anticipated annual list of top ten stocks for the coming year. associate editor and veteran stock bucker andrew berry joins us now to reveal five of them. pleasure to have you back on the show. i love this feature each year. 2020 was a great year for at least half the market. what do you see in 2021? >> good to be back, jack. investors need to scale back their expectations for 2021 given how well the stock market's done in the past two years. the s&p 500's returning about 50% since the start of 2019, and valuations are at near record levels with the s&p trading for more than 20 times next year's anticipated earnings. my guess is stocks return maybe 5 or 10% next year with. jack: so some analysts are writing about the pfizer flip once this first vaccine was announced, it seems like some of the value names that were not benefiting from the pandemic are doing a little better, gaining ground on t

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call to receive $1,000 off your kohler walk-in bath.e're offering no payments for 18 months. guy: live from london, i'm guy johnson. alix, of course, is in new york. what you need to know this hour? brexit on a knife edge. borisfour years of talks, johnson will have a meeting in the next few minutes that could be -- could be -- make a break poland will decide whether or not they will package.to veto the eu and germany is eyeballing tighter restrictions as france's unlikely to hit its target of 5000 daily cases in december. there is evidence that the virus may have peaked here. at friday. a lot of optimism. this is where we are monday. i will start with

call to receive $1,000 off your kohler walk-in bath. right now we're offering no payments for 18 months. emily: we have been getting some developments out of the stimulus meeting happening between house speaker nancy pelosi in senate majority leader mitch mcconnell. kevin mccarthy, house minority leader, saying he thinks there has been progress. they have in taking a quick break and they will be back at it. again, we are following stimulus talks between both sides of congress. meantime, the european union is unveiling sweeping new rules for u.s. tech giants. with threats of billion-dollar fines and even potential breakups. margrethe vestager, european commission executive vice president, says the harsh consequences are quote justifiable. she spoke earlier in brussels. margrethe: what we worry about is competition and a fair marketplace. we have been consulting extensively, talking with everyone. we have experts, member states, businesses, organizations. they worry about being able to do fair business. this is our worry. of course, we ar

call to receive $1,000 off your kohler walk-in bath. right now we're offering no payments for 18 months. vonnie:vonnie: tesla shares fall 6.5% on its first day on the s&p 500, making it the biggest company ever to be added to the benchmark. global x etf's. 4.5% stake.about a tesla made its debut and has raised a boatload of capital. >> they say it has been a long time coming. tesla has been around for over 10 years. i think the challenge facing a lot of investors, the first $600 billion of growth has already happened. that s&p 500 is coming late into the cycle in the grand scheme of things. you would think that's the challenges of the cap weighted indexes. the shares have skyrocketed more than eightfold this year. that is on par with some of the vaccine stuff. today's six and a half percent drop, the beginning of the reality-based phase of trading for tesla? >> it is difficult to say. when you look at the rudder electric vehicle market, only 2.5% of cars today sold our electric. still 97 .5% of the market to go. any stretcher by but we

call to receive $1,000 off your kohler walk-in bath.ts for 18 months. stuart: mgm, the studio behind james bond may be up for sale. what we know about this, ashley? ashley: mgm holdings and analysts say the market value could be around $5.5 billion. mgm is betting its library of content will be attractive to companies competing in the streaming wars. james bond is the biggest asset it has, but the studio has more including the rocky franchise, silence of the lambs, rainman, terminator and even the handmaid's tale and also owns ethic, a premium tv channel, all of this, the kind of content that could prove to be attractive. stuart: thank you. to put the streaming services on your screen. in these are the stream or so to speak, leaders in the field. mark douglas is with us. mark, you are in here because this new stimulus bill, there's a provision that makes it illegal streaming a felony. can you tell me what is illegal streaming? >> sure. it's almost better defined by what it's not when caveat is the legal streaming for commercial profit.

call to receive $1,000 off your kohler walk-in bath.ight now we're offering no payments for 18 months. ♪ guy: guy johnson and kailey leinz. alix steel has the week off. this is "bloomberg markets." tesla shares falling on their first day on the s&p. the biggest committee ever to be added to this benchmark. hello --e is bend outperform rating and a $488 price tag. we were talking to somebody earlier who suggested that entering the s&p will mean lower volatility in terms of what we have seen in the past from tesla. would you agree? are we going to see dampening? >> thanks for having me. merry christmas. i think one of the biggest things is -- if we talk about 18 months ago, this is a company that people worried about not being in business today. the largest ever added constituent to the s&p 500. they have shown they can raise money very easily throughout the year. has soared.sheet i do not know if it is going to reduce volatility. stock that is liquid. over the nine years i have covered it commit it has always been controversial -- covere

call to receive $1,000 off your kohler walk-in bath. right now we're offering no payments for 18 months. alix: live from new york, i'm alix steel. here is another not so sweet story. christmas has mold wine and mince pies, but the demand for chocolate declined. the association of chocolate, biscuits, and confectionery seesess is in your says it -- in your says it sees lower demand for cocoa. 10%es in new york is down last month's highs. i will eat all the chocolate. on commodities, that is coming up at 1:00 p.m. in new york. a quick check in on the markets. not a lot of movement. higher equities for european stocks but also getting a stronger sterling. materials and tech are leading the way in european equities, even the dax eking out a 1% gain. this is bloomberg. ♪ alix: live from new york, this stocke european close," trading closing in europe. just one more day for a full week in 2020. anything closer to 2021 is fine by me. the overall theme has to do with what we have been seeing with brexit inching closer and there could be a deal

call to receive $1,000 off your kohler walk-in bath.ight now we're offering no payments for 18 months. >> it is time for the bloomberg business flash, a look at some of the biggest business stories. two of the best names in the cannabis business are combining. is payingis -- afria a 20% rate and the new company will have a value of 3.8 billion dollars. barclays is likely to boost its bonus pool for traders by 10%. a recording to balance performance with an uncertain long-term effect of the coronavirus. barclays plans could change depending on how the fourth quarter goes. that is your bloomberg business flash. guy: we are taking a look where markets are. equity markets bouncing off the lows. we are up in what is interesting is the ftse 100 is up despite by fact that the pound is up 65 or 66 where we are trading. some of the health care stocks doing very well in that market. the european closes next. ♪ up the are wrapping session for european equities. up by around .8%. some optimism certainly around the data coming out of europe. it was

call to receive $1,000 off your kohler walk-in bath. we're offering no payments for 18 months. emily: this is "bloomberg technology," i'm emily chang in san francisco. climbingology sales $23 million, lifted by work at home demand. despite predictions of the death of the pc, dell says the pc is experiencing a renaissance. but will the demand keep up when people return to the office? joining us now is sam burd, president of the dell solutions group. you know people who purchased not only dell pcs, but also monitors to replicate the office experience at home. tell us about the demand see. for having meanks on. we have certainly seen strong demand for technology, and we have seen in work from home and learn from home that pc technology is really important for keeping people connected, and letting them get done the things they need to get done. so whether that is a system that has all the power you need to run videoconferencing and do work, or a great big monitor, i inch, 4k using a 40 curved monitor, amazing tool for productivity that lets

call to receive $1,000 off your kohler walk-in bath. offering no payments for 18 months. haidi: good morning. we are counting down to asia's major market open and. shery: welcome to daybreak asia. our top story this hour -- caution as investors weigh rising virus numbers across the u.s., stalls of a stimulus talk in washington and fears of more social restrictions. thei: the u.s. china for crackdown in hong

call to receive $1,000 off your kohler walk-in bath. right now we're offering no payments for 18 months. emily: the number of u.s. government agencies were targeted in one of the most adashese attacks in recent memory. the department of homeland security as well as treasury and commerce are said to be among the agencies experiencing this breach. hackers tied to the russian government are suspected in the campaign. for more i want to bring in bloomberg's cybersecurity reporter. thank you so much for joining us. so how exactly did this work? reporter: this is part of a highly sophisticated global campaign. what happened is hackers inserted a vulnerability into the software updates of a company called solar winds. solar winds is a texas-based company that sells technology across the u.s. government and private sector. so, for example, the state department, the f.b.i., the u.s. military and hundreds of fortune 500 corporations use this technology. so, when a software updates were pushed out, this meant that the customers were potentially co

call to receive $1,000 off your kohler walk-in bath.nd right now we're offering no payments for 18 months. ♪ is bloomberg markets. now that the vaccination has begun, as -- is rule out working as it should? so far, so good. this is when we are just vaccinating healthcare workers and nursing home resident so they are much easier to do. many healthcare workers can be vaccinated hospitals where they don't have to worry about the cold chain. where the real challenge comes is when we are vaccinating people that live in the community and more of the general population. right now i suspect everything is going as expected. hopefully i will be vaccinated by the end of this week. francine: how will hospitals be coping during the holiday season? is going to be rough because this vaccine is not going to have an impact today, tomorrow or next week. we are at record numbers of hospitalizations and we have an uncontrolled outbreak throughout this country so we anticipate more people getting hospitalized, more people dying in hospital struggling on a d

call to receive $1,000 off your kohler walk-in bath. we're offering no payments for 18 months. ♪ david: from bloomberg's world headquarters in new york to our tv and radio audiences worldwide, i am david westin. welcome to "balance of power," where the world of politics meets the world of business. as we come to air, we have a red headline crossing the bloomberg. governor cuomo of new york has announced he expects the first covid-19 vaccine doses to be delivered in new york by december 15, less than two weeks away. aboutrst tranche will be 170,000 doses. we'll be getting the vaccine in small numbers within a couple of weeks. let's check on the markets. we turn to abigail doolittle. i'm not sure there is reaction yet to the news, but what are the markets doing? abigail: not much at this point. earlier you had pretty solid declines, but right now we have the major averages, the dow, the s&p 500, and nasdaq basically fluctuating. small moves. up less than .1% as you just said. no

call to receive $1,000 off your kohler walk-in bath.ht now we're offering no payments for 18 months. dramatic rising shift to e-commerce during the pandemic this year, retailers, carriers, and the fulfillment ecosystem have had their operations stretched to the limit to meet customer demand. hubcent survey by commerce find a 40% increase in consumers who said they would be doing more that half of the holiday shopping online. we are joined by the founder and ceo, also the latest guest in our "retail transformed" serious. thank you so much for joining us. your company connects retailers like walmart and home depot with suppliers to fulfill orders and organize deliveries. what kind of activity have you been seeing over the last week? >> we haven't seen dramatic rises in the -- we have seen dramatic rises in the volume of orders. e-commerce is a significant portion it is an increasingly greater and greater portion each year. this year with covid, people aren't going to stores -- the stores are not hosting midnight parties for big screen tv'

call to receive $1,000 off your kohler walk-in bath.ight now we're offering no payments for 18 months. guy: live from london, i'm guy johnson. alix steel is in new york. this is "bloomberg markets." the eu unveiling two new pieces of tech regulation, basically overhauling the digital markets. america's tech giants firmly in the firing line here. becomeulations could some of the strictest in the world. basically, you've got two pieces of legislation potential going through, i digital markets act which is basically about illegal behavior on these platforms, and the fines could be up to lee enormous. if you get hit with three finds in five years, there is the risk of breakup. alix: and it is not just the eu. the eu is taking a stricter line in some respects, but the ftc is going after a few companies here, give them 45 days to hand over information of how they collect data. twitter just got fined by the eu. you also have the antitrust investigation -- lawsuit, i should say, against facebook, that could result in a breakup and rollback brea

call to receive $1,000 off your kohler walk-in bath.nd right now we're offering no payments for 18 months. york, i'mve from new kailey leinz, with guy johnson in london. this is the european close on "bloomberg markets." the s&p 500 all that flat. optimism around another round of fiscal stimulus and the u.s. being tempered by that new covid variant and ongoing economic restrictions that really cloud over the good news. for more, let's bring in steve jacobson -- let's bring in steam jacobson -- let's bring in steen in steen jabring kobsen, saxo bank cio and chief economist. at what term does this upset the longer-term thesis? steen: never. to some extent, i think we used to talk about a greenspan put and a yell and put, but now we have a covid-19 put in the sense that the worse things get on the ground, the more we are likely to see an increase and a ramp-up in the ability of governments to print more money through fiscal banks.g and central guy: given where equities are, do you think the possibility of a significant drawdown has grown h

call to receive $1,000 off your kohler walk-in bath.e're offering no payments for 18 months. ♪ guy: we are now counting you down to the european close here on "bloomberg markets." what do you need to know from europe this hour? the u.k. become in the first major economy to clear the pfizer/biontech vaccine. 50 hospitals are going to get ready to start administering the shots next week. we will speak to biontech this hour. hungary and poland getting worse over there vito. and with little clarity on the future financial services, seven biggest lobbying groups for the industry now pleading to the eu for access to london's derivatives market. that's talk about where those markets are right now and show you what is going on. as you can see, equities pretty much flat right now. we've got an s&p and the stock 600 pretty much at the same level, both going nowhere in a hurry. the pound under pressure on those barnier comments, and we

call to receive $1,000 off your kohler walk-in bath.nd right now we're offering no payments for 18 months. ♪ vonnie: welcome to bloomberg markets so let's get straight to the market because there is a lot moving we are awaiting airbnb's first trade. to open aticated more than double the ideal price which will be a phenomenal thing when we see it. we have a lot of news out of europe in the last few minutes, the dollar weakening versus the euro by 1.2% and the ftse 100 futures are climbing because boris johnson, the british prime minister, said we should be prepared for no eu trade deal after brexit. it looks like the clock is really just winding down on this one. we also saw the resolution of the hungary pole standup which allows 1.2 trillion dollars of stimulus to go through the system and into the european economy. let's get to our reporter in brussels, maria todeo. it is huge news for european assets and big news for countries like italy and spain. there is now a deal that would unlock close to 2 trillion euros in help to countries in

call to receive $1,000 off your kohler walk-in bath.ight now we're offering no payments for 18 months. power this is balance of on bloomberg television and radio, i'm david westin. there was a big cyber hack over the weekend and one of the companies involved is our stock of the hour and in the crosshairs. we turn to emma chandra. ; we are talking about -- emma: the most ever for this company which went public in 2018 and had been on a pretty good ride since then. why the plummet today, it's all down to what is being described as a highly sophisticated cyber byack, one likely instigated a nationstate with one report saying it is russia. what we understand from this cyberattack is the attackers use the company's old software updates for its orion software to send malware to customers. saying 18,000 customers affected, they have 33,000 customers total and they have been issued a patch to deal with it and more will come tomorrow. what is interesting or what matters most in a story like this is who those companies are and they are a who's wh

call to receive $1,000 off your kohler walk-in bath.'re offering no payments for 18 months. ♪. neil: all right. vaccine out, lockdowns done, not so fast. in the new york metropolitan area and a host of other places they're actually increasing them. this could explain why deutsche bank is increasingly looking to locales other than new york for some of its people. charlie gasparino has more. hey, charles live. >> neil, it is not just deutsche bank but every major wall street investment bank and bank is looking to relocate much of its workforce, not all of it, but a good chunk of it, out of new york state, the new york city area and it is more than just the covid causing this, pandemic, lockdowns, the fact we, we do business in a very high density area. it's leadership. it east losing confidence in the governor, governor cuomo, governor murphy. mayor, mayor de blasio to handle crime and other issues. it is what is looming in terms of costs. governor cuomo recently threatened this but governor murphy had done the same and so has mayor de bl

call to receive $1,000 off your kohler walk-in bath.ight now we're offering no payments for 18 months. vonnie: this is bloomberg. bitcoin hit an all-time high this week, $24,000 before pulling back a little. one of the reasons is the institutional acceptance of bitcoin, other digital currencies and the technology surrounding the systems. a few months ago, jp morgan launched a business called onyx, dedicated to the business. idea that you may be looking at bitcoin differently, obviously, separate things, bitcoin and blockchain. >> thank you for having me. floating cryptocurrencies like bitcoin, we support the major exchanges as long as they are regulated and under controls. the next question for us is to figure out when it can be effectively used as a payment method. the next category where we see value in digital coins around projects -- one of the to be excited about is the work in singapore to try to create the first blockchain based currency network in the world, based on the jp morgan coin. clients, institutional the main value they

call to receive $1,000 off your kohler walk-in bath.ht now we're offering no payments for 18 months. biden issident-elect continuing his transition to the white house with the announcement of more key appointments. the president-elect has chosen a covid czar. he has also tapped a surgeon general. according to the new york times, his chosen a national economic council had. played a role under president obama. the number of americans hospitalized for covid-19 is at a record high. bedsthan 14% of hospital in u.s. hospitals are now taken by coronavirus patients. texas has the highest number of beds occupied by covered patients with more than 9200. rhode island has the greatest percentage of beds taken by coronavirus patients. followed by north dakota. on capitol hill, democrats are making a bid to break the standoff on a new stimulus package. nancy pelosi and chuck schumer are scaling back demands on a planned for treating the pandemic package they had been pushing. they now say a $908 billion proposal should serve as the baseline for negot

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call to receive $1,000 off your kohler walk-in bath.ht now we're offering no payments for 18 months. david: this is "balance of power" on bloomberg television and radio. i'm david westin. vaccine holds up the hope of a recovery next year , but we have to get there first. with cases on the rise and government stimulus about to fade. we welcome someone who has seen both government and business from the very top. eric cantor served as the house majority leader. he is now the vice chairman of moelis & co.. thanks for being back with us. give us a sense of what is going on right now in washington. to haveht we were going a bipartisan compromise coming out of the senate on stimulus but it appears now the majority leader is balking. eric: we are in an usual time, postelection, we have an incumbent president who lost the election but has ways to counter that narrative, and has raised unprecedented sums after he lost the election. that does loom over what goes on in washington. many people are focused on where things bill had in 2021, how we lea

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call to receive $1,000 off your kohler walk-in bath.ffering no payments for 18 months. liz: the pfizer coronavirus vaccine is now just reaching front-line workers in high risk individuals in this morning vice president pence got it but some companies anticipating when it will be accessible to everyone, whether they should actually mandate that their employees get the vaccine and whether that mandate is legal. charlie gasparino, can a boss tell its employees you have to get it or you're not coming back to work? >> i will answer that in a second, jeff sign field at yale university did interesting survey that said they want all of their employees to get the drugs, a lot of them sidestep the question and whether they will put guns to people's head and say take it or else. the real question, can they do that and interestingly employees, employers can, we've been speaking with lawyers over the past couple of days and if my employer says i have to take the vaccine as a condition of my employment, can he fire me if i say no and the short answer

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call to receive $1,000 off your kohler walk-in bath. right now we're offering no payments for 18 months. guy: 11 minutes past the hour. i am guy johnson kailey leinz in new york. this is "the european close" on bloomberg markets. the pound falling sharply with u.k. economy facing the combination of covid restrictions, the travel blockade, and the ongoing brexit uncertainty. ,oining us is jonathan portes king's college professor of economic policy. a lot changed over the weekend. london went back into lockdown and the new virus mutations have caused us to be cut off from the continent. what does this do to the economic outlook for the u.k.? term it: in the short is bad news. were already facing significant disruption at ports ,eat because of stockpiling people worrying new systems would not work, and the linger going -- alerting bring -- the lingering effects of the pandemic. freight the closure to stops within a day or two, i do not think the economic impacts of the disruptions at ports will be that significant. more broadly, i think we

call to receive $1,000 off your kohler walk-in bath. right now we're offering no payments for 18 months. ♪ vonnie: this is bloomberg markets. withear and conversation the ceo and the changes of the pandemic as well as telecom, media and telecommunications among other areas. first, a bipartisan group of 38 states suing google today alleging broad antitrust violations from the online search market. this is after tim republican state ag's suit for anticompetitive practices. in october, the doj also filed a complaint. naomi to break this down. these complaints are escalating for alphabet/google. will it have any impact on what google does? >> that's the big question. they are often slowed down by their practices. we will have to -- we will have to see how google responds to this. in terms of the rico case, what we are waiting to see is what kind of evidence do these attorney generals have against google. ?hat to they find in discovery will we get a response from google? is it their prerogative to hold as long as it wants on this or does it

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call to receive $1,000 off your kohler walk-in bath.ht now we're offering no payments for 18 months. ♪. connell: "fox business alert" as we come back. that meeting is underway now we're told on capitol hill. the congressional leadership and what chad pergram covers capitol hill for us the most significant meeting on covid relief since back in the sumner july. they're meeting right now. nancy pelosi, mitch mcconnell, kevin mccarthy, chuck schumer, steve mnuchin the treasury secretary as blake talked about earlier calling in by phone. chad joins us later in the hour. details as we get bit it but the meeting starting. >>> covid restrictions slamming new york. we talk about all the time. willie daigle is expanding his business but doing so in the state of georgia where there are fewer restrictions and lower taxes. willie is the owner of uncle jack's. he joins us on the show. we talked a lot about your two businesses in the state and georgia. tell us about expanding to georgia and your business there. >> i got back from being in georgia 11 s

call to receive $1,000 off your kohler walk-in bath. no payments for 18 months. ♪ ♪ gregg: bit of a mixed day on wall street. the dow up 114 points, s&p up 3, nasdaq was down 37. volume on the big board, 3.8 billion shares. a reminder to listen to lou's reports three times a day on the say almost radio network. >>> well, joe biden is sucking the joy off the christmas season, warning americans again of the dark days he sees in fighting the china virus pandemic. >> i'm going to tell it to you straight, i'm going to tell you the truth, and and here's the simple truth: our darkest days in the battle against covid are ahead of us, not behind us. so we need to prepare ourselves, to steel our spines. as frustrating as it is to hear, it's going to take patience, persistence and determination to beat this virus. there'll be no time to waste. gregg: our darkest days are ahead of us. makes you feel good around christmas, doesn't it? joining us now, pastor robert jeffress from the first baptist church in dallas, fox business contribute or. obama wa

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