i am mark crumpton in new york. thank you for staying with us.l wants to aggressively transform the way early stage startups are getting funded. just a good let angel investors write off 100% of -- bill would let angel investors write off 100% of their investment. they began by discussing the outlook for israel's start up industry. >> israel's high-tech market is at its all-time best. we have a number of companies at an all-time high. we have 1000 new start up companies in israel every year. in all categories. everything from securities to consumer companies, everything. i think the world is really noticing what is happening in israel. is chasing start up companies for funding but also helping us fund some of these companies. returns have you been generating? >> great returns. about 200 million dollars in each fund? >> something like that. i think that's the right number for israel. i think we can find the best grownies and help them with that funding. >> you guys drive a much harder bargain. you have much better competition and get much better s

mark crumpton is standing right in new york with a preview of what is coming up on "bottom line." >> on the customer as we his housing -- one of the top stories we're following his housing. more home building in september. will that give the u.s. and offer against any of the economic slowdown? hour.u at the top of the back to you in san francisco, home to the national league champion giants. >> yes! go giants! thank you. awesome game yesterday. the giants going to the world series. >> third time in five years. >> corey and i were at a restaurant in 2010, he did these

i am mark crumpton. julie hyman coming up.your following oil services companies on this thursday. >> i am indeed. the company talking about what would happen of oil fell further. then it wouldaid see a meaningful slowdown. the big exploration and production company. get more into that and just a minute. if you look at the broad market, we pulled back from where we were at the top of the rally. talking about the interview james fuller did with michael mckee where he talked about a potential cause in tapering of quantitative easing. in talking oil, let's took a -- priceslook at where oil are. we are seeing a rebound in saying that once again today. joining us with a look at how the recent volatility is affecting oil and equipment services company is the managing director or or as steven agee and leach. thank you for coming in. i was talking about what is going on with baker hughes today coming out and missing estimates. how serious of an issue is this ?or some of the issues >> from baker hughes perspective, some of the issues we

i am mark crumpton. su keenan is joining us from the newsroom. >> good afternoon, mark. this is a very sharp close for oil. west texas intermediate down for the fifth time in six days, and in the final hours, a freefall, now down more than 4.5%, below the $82 mark. it is dramatic. we will be continuing to follow these numbers. for these numbers to settle out, it will take a bit, but brent crude falling to the lowest level in about four years. a bearish forecast from the iea, saying oil demand will expand this year at the slowest pace since 2009, and that report is really brent, and a sharp drop in you're seeing now, down more than 5% at the close. for the fourth month in a row where the iea has cut the demand forecast, and they are now warning about a staggering decrease in price. this poses tremendous downside risk. and this is at a time when the aboutas been talking fracking, and at the same time, global demand is falling, and it is affecting salaries, iraq, to cut prices, and that is raising concern.

>> from bloomberg world headquarters in new york, i am mark crumpton. this is "bottom line" -- the intersection of business and economics with a mean streak perspective -- main street perspective. to our viewers here in the united states, and to those of you joining us from around the world, welcome. we have full coverage of the stocks and the stories making headlines. why lower oil prices are not good news for venezuela. shelby holliday focuses on ebola crisis and travel concerns. we begin with a market rally after and eight-day losing streak. good afternoon. >> good afternoon. at the midpoint of the trading day, u.s. stocks are rallying as we close out the trading week. u.s. data is showing new home construction rose in september after slumping a month earlier. consumer confidence also surprised wall street, rising this month to the highest level in seven years. saying theyed in, will start purchasing assets in the next nine days. that said, the s&p 500 is still down roughly 6% or says the highway saw september 18. an economist at lpl financials says

>> i am mark crumpton and this is "bloomberg bottom line." to our viewers in the united states and those of you from around the world, we're full coverage of the stocks in the stories making headlines on this monday. stephanie ruhle joins us to excuse it just exclusive interviews, making --millard drexler. potential vaccine and serums to stop ebola. monitoring wall street after last week's roller coaster ride for stocks. we will get to those stories in just a moment. first, let's get you right to the top story that we are following. ibm shares plunged the most in the most in four years, struggling to transform fast enough to handle the shifted cloud computing. an earningsd forecast for 2014 and said it will provide an update on its projections in january. ditching a five-year plan to boost profit. the shares tumbled by dragging down the value of the stake held ibm's biggestett, shareholder. earlier, ibm announced an globalnt to pay foundries $1.5 billion to take over the chip manufacturing division. the deal is part of the ceos efforts to pri

i am mark crumpton in new york. go back to ottawa, canada. police are taking questions on those deadly shootings at the parliament building and nearby at the war memorial. french]king french]king >> of course, alerting our viewers that some of the responses, questions and the ench.rs, are in fr let me tell you what we do know right now. police are said to be searching for at least two other people after the gun man and soldier were killed in ottawa. that attack came just two days after the murder of a soldier by a man described by authorities in there as radicalized. the accident happened near canada -- near montrÉal, excuse me -- and it raised concerns about terrorism nationwide. downtown ottawa, according to authorities, remains in lockdown , as police investigate what they are calling multiple suspects. they say that a member of the canadian forces shot at the nation's war memorial and did die of injuries and security officials kill the gun man inside the parliament building. witnesses are saying that the man wit

back to you in san francisco. >> mark crumpton, we will see you in a few minutes., we will talk about apple. apple has sent out its official invitation for another event coming out next week. we expect they will unveil new ipads. >> i might stay around for it. >> do you want the gold one? let's definitely. [laughter] ♪ >> welcome back from "bloomberg west." i am emily chang with market makers anchor stephanie ruhle. we are talking to them biggest influencers in technology and media. lee -- lead designer at apple will be here. >> hopefully you will not have the iphone in his back pocket. >> apple has sent out its official invitation for an event on october 16 in cupertino. we are expecting a new lineup of ipads. cory johnson, back with us now. you and i have been talking about ipads and the future of sales have been slowing down when it comes to the ipad in particular, yet they are also planning to launch, as far as we know, a 13-inch, giant ipad. >> which stephanie ruhle should not put in her back pocket. do not put that in your back pocket. it could get stuck in y

i am mark crumpton in new york.galactic has reported an unspecified problem during a test flight of its spaceship space tourism rocket. the company tweeted that it was flying under rocket power and had experienced an in-flight anomaly,". the tweet said more information will be forthcoming. it fire department reports is heading to a location in the mojave desert. underhip two has been development at mojave air and space port in the desert northeast of los angeles. want to play a game? remember that bloodcurdling tagline from "saw"? in honor of halloween -- i'm not there yet. [laughter] re-releasing the horror hit. it is back in theaters for one week, starting tonight, and it is the perfect example of how certain horror franchises never seem to die. sterns has been digging into the economics of these frightening flicks and she joins us now with more. why are they still so profitable? >> you said it was a delight. that is the tagline from "saw" -- we want to play a game -- do you want to play a game? blood and gore com

>> from bloomberg will headquarters in new york, a mark crumpton. this is "bottom line." -- from bloomberg world headquarters in new york, i'm mark crumpton. this is "bottom line." to our viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines today. matt miller is following stocks as federal reserve officials begin their two-day meeting. julie hyman tells us why amazon is searching for a few good moms. with the next phase of the aig trial in washington. and more coming up in just a few minutes. first, let's look at the top stories we are following. prove from texas to ohio and back before being diagnosed with ebola has been released from an atlanta hospital. vinson is now virus free. she worked at a nurse at the dallas hospital and cared for thomas duncan. who was quarantined at a hospital in new jersey after treating ebola patients in west africa has returned to maine. she greetedials say to be quarantined at home. south korea's spy agency says i

with mark crumpton begins in a few minutes. he joins us now from new york.e you following today? >> we will be looking at sports bet i will be interviewing the pitching ace for the new york mets. he is coming off of that elbow surgery you had, matt harvey. about the talking world series, free agency, and talking about what is coming up for the mets and the 2015 season. >> thank you. we will see you in a few minutes. runners around the world are heading to the big apple this weekend for the new york city marathon. find out how raise organizers are turning to tech to track performance. ♪ >> welcome back. the new york marathon takes over the big apple this sunday. the event to attract 50,000 participants from around the world. how do you determine the winners? the tech being used in the marathon. grid game is working with a company called proto-track -- c transfers datach back to the race organizers in real time. lastat has happened in the 20 years of information processing and data processing is there has been a massive change in the amount of people and scale

. ♪ >> from bloomberg world headquarters in new york, i'm mark crumpton. this is "bottom line."e begin with breaking news. the release of the federal reserve's page book. reports from the 12 regional banks of the u.s. federal reserve system. peter cook joins me with the details. >> good afternoon. so many questions right now about the strength of the u.s. economy and the strength of the global economy at this moment. a snapshot of conditions around the country. it does not suggest an economy hitting overdrive. the 12 districts generally describe modest to moderate economic growth since the last beige book. five report modest growth. moderate is better in fed speak. austin is a mixed picture -- boston is a mixed picture. the beige book suggests retailers in many parts of the country are feeling pretty good. overalltricts reported growth in consumer spending that ranged from slight to moderate. reported thatcts retailers were optimistic about the remainder of the year. boston, chicago, dallas and tense o san francisco remained n that list. several districts reported non-financial

back to you. >> mark crumpton, see you in a few minutes.ully self driving cars could take 10 years or more to make it to market, many automakers are looking to roll out semiautonomous features in their upcoming models, including tesla. we are back with that, next. ♪ >> welcome back to "bloomberg west." i'm emily chang. car manufacturers like mercedes, audi, and honda and now tesla are rolling out features to make semiautonomous cars. tesla is expected to unveil features that will keep a car in its lane at events on thursday. are these becoming a new standard in the auto world, and how far away are we from completely autonomous vehicles? john leonard joins me now with more the a skype. what do you think tesla is going to announce this week? >> my understanding is that tesla's partner with mobile [inaudible] for the summer, going much higher than any predictions. [inaudible] they will use cameras to enable a form of autopilot, so that the car can have adaptive cruise control using a radar out the front of the car. this will partially automate

mark crumpton in new york with a preview. what do you have?l continue the coverage of the robin hood investor conference. our conference deafening rule will have two exclusive interviews with the chairman and ceo of j.crew, and the chairman and ceo of starwood capital group. i will see what the top of the hour. >> looking forward to it. numbers about new its iphone and ipad sales today. we will tell you what to watch for, next. streaming on us bloomberg.com. ♪ >> welcome back. it has been a busy few weeks for apple, the company launching two new iphones, a new set of tablet of and handling security and software crises. fromelse will we learn today's earnings report? cory johnson, our editor at large still with us. the number one thing you will be watching for an apple earnings today? >> it is going to come down to the iphone. really how well did the iphone to? do? are they going to be able to that just over 38 million number? and then after that, it will be what happens to the ipad? globally,ng tablets flat revenue growth for the whole categor

is is "bottom line -- i'm mark crumpton. to our viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines on this friday. julie hyman is monitoring the volatility in friday's training session. campaigningthe wire in brazil's presidential runoff election. we begin with shall be holiday at bellevue hospital in new york city. shelby.l b >> we are here at bellevue hospital where the patient was brought and put in isolation when it were hours ago. he tested positive for ebola last night here in new york city. that he doesrms have ebola. this patient has a fiance who was staying at the hospital. she is also in quarantine. it does go others are being monitored closely because they were in close contact with this -- craig emf drilled for quite a while knowing they might come when they have to receive a patient with ebola. the process played out exactly as the protocol dictated yesterday. the teams were drilled, they executed exactly

. ♪ >> from bloomberg will headquarters in new york, a mark crumpton. "bottom line." -- from bloomberg world headquarters in new york, i'm mark crumpton. this is "bottom line." to our viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines today. matt miller is following stocks as federal reserve officials begin their two-day meeting. julie hyman tells us why amazon is searching for a few good moms. pe

mark crumpton is in new york with a preview. what have you got for us today?laims in continue to decline. can the labor market sustain the momentum? what does it mean for next week's fed meeting? back to you in san francisco. good luck with those giants tickets. [laughter] >> last night was so depressing. we are going to pull back. thank you. coming up, the man behind justin bieber. just how did he discover one of the world's biggest pop stars? you can watch is streaming on your phone, tablet, number.com, and amazon tv. >> welcome back to "bloomberg west." some of thed biggest acts. founder of sp projects is getting into film, tv and technology where he has made investments from uber took interest. >> what happened when you saw the video of justin bieber? a 12-year-old kid who had about eight videos. a was sitting -- singing at concert at a church. i was consulting on a different artist and i was watching youtube videos of that artist and telling them what i thought about it. they were singing aretha franklin's "respect." i thought it was the same person. when

i am mark crumpton. thanks for coming back.xt guest says regulations coming out of washington has made it more difficult for americans to qualify for mortgages. form of oklahoma governor frank keating is the president of an association that represents the $13 trillion thinking industry. governor keating, welcome to "bottom line." thank you for your time. >> thank you for having me. >> is the linchpin for a full-fledged housing recovery really the jobs market? >> it really is. people who do not have a certain long-term employment opportunity or people he do not have what they think is a pretty good salary or income, -- who do not have what they think is a pretty good salary or income, they will be hesitant to buy a 30 year obligation. also student loan debt is something that did not exist in my generation to the extent it does today. that is an inhibitor to an individual wanting to buy a house. and the mortgage rules, 40% debt to income, the level of down payments required, things that are still not bad -- you have to have the a

from bloomberg world headquarters in new york, i am mark crumpton. line," the intersection of business and economics with a mainstream perspective. former u.s. treasury secretary tim geithner takes the stand today in the aig bailout trial. and we will have highlights of our exclusive interview with the second richest man in the world, carlos slim. to our viewers in the united states and to those of you joining us from around the world, welcome to it we have full coverage of the

[laughter] mark crumpton, thank you. americans suffer from chronic diseases like arthritis and asthma. a new company wants to help people manage their conditions with their smartphone. that is next. ♪ >> welcome back. get ready for another fitness tracker come of this time from microsoft. it adjusts unveiled a new wristband called microsoft band, a device that can track and analyze your health stats and exercise moves. it costs $199. it is on sale today. microsoft also unveiled a health out. -- health ap. -- health app. demandst launched, an on health benefits platform to help manage diseases. founder andow, the longtime tech executive who has had roles at google and kleiner perkins. stephanie, i will start with you. how can vida helpmate? >> you can -- help me? to the store and get a health expert. we have health experts across the nation that will instantly connect with voice and video and chat and cater to your conditions and your needs. there are 133 million americans who have chronic conditions. >> what kind? heartg

a mark crumpton. thank you so much for joining us. on the markets is next.at the top of the hour. i will see you tomorrow. ♪ >> it is 56 past the hour. bloomberg television is on the markets. but get you caught up. this is what the pictures looking like so far. we have gains across the board. almost a three digit gain for the dow. treasuries, a very different story. all of this on speculation that the federal reserve will raise interest rates next year while inflation remains restrained. below 1200 onng positive gdp news. keeping and i on financial. fund saw the worst outflow of money since 2009. 's sectore for today report -- what happened to the xls? >> the biggest outsell of funds since 2009. it has about $17.5 billion in funds. the outflow was about one billion. we are trying to figure out what's going on. it's very unusual for this to happen in the span of a week. it can happen over a month. >> what prompted the dramatic outflows? people don't withdraw putr money entirely, but their money in a different sector. this has to do with the fact that people a

mark crumpton is standing right in new york with a preview of what is coming up on "bottom line." >>stomer as we his the top-- one of stories we're following his housing. more home building in september. will that give the u.s. and offer against any of the economic slowdown? see you at the company now. back to you in san francisco, home to the national league champion giants. >> yes! code giants -- go giants! thank you. awesome game yesterday. the giants going to the world series. >> third time in five years. >> corey and i were at a restaurant in 2010, he did these like was kind of jumping jacks. >> synchronized swimming on land. i was excited. >> we will talk about sports, coming up. more on "bloomberg west." ♪ >> travis ishikawa hits one into right! the giants win the pennant! arehe san francisco giants heading to the world series on that dramatic walkoff home run. the giants will face the kansas city royals. everybody is buzzing about it. our editor at large cory johnson has more from the newsroom. imovie tear here in 2010, and since then they have gone to the world series three

mark crumpton has a preview for us. >> we are going to continue to follow today's it's been a lot andook at the facebook. -- the beige book and examine the market for secondhand luxury items. i will be joined by the ceo of the real real. >> we will see you in a few minutes. before instagram and the iphone, it was polaroid that dominated camera technology. how is the company adjusting? scott hardy is with us, next. ♪ >> i'm emily chang and this is "bloomberg west." it made many apple users angry last month when the new u2 album was downloaded for free. bono is apologizing for the whole thing. i'm sorry about that. idea andis beautiful got carried away with it. artists are prone to that kind of thing. generosity and a dash of self-promotion. way theeek after giving album, apple created a page telling people how to remove it. i don't understand why people were that upset. >> i do. it's their phone. >> is a free album. feel sorry for him. polaroid was once the global household name for photographic technology. then digital cameras came along. now, the companies try to take on go pro. pola

anchor mark crumpton joins us live from new york with a preview.ks, we are at issues facing community banks in america. the banker's association held its convention in dallas this week, one of the participants was frank sorrentino of connectone bank. we will discuss regulatory oversight, interest rates, and what keeps bankers awake at night. i will see you at the top of the hour. brad, back to you in san francisco. >> thank you, mark. google is announcing a new e-mail product called -- inbox. >> i have only learned about inbox recently via a google blog post, so everything i know sound a little bit about a product commercial, but in is a new e-mail system, not gmail, something separate, and it is supposed to work with a little little bit of artificial intelligence to act like a kind of personal assistant to help you deal with your e-mail, which has probably become a problem like my e-mail has dot there is too much of it, i do not know where the important information is, and it is not connected to any live updates from the internet that would make t

i am mark crumpton. "on the markets was quote is next.e you tomorrow. 56 past the hour, which means bloomberg television is "on the markets." i am mia saini. in the red,stocks extending declines after the fed came out with their announcement. pretty much saying they will discontinue quantitative easing after we have had three rounds. the s&p is off by half of 1%. at 2:00 p.m., stocks were pretty much left, but now firmly in the red. in terms of treasuries, they dropped with the benchmark 10 year yield, rising to a three-week high in all this is the fed ended its third round of bond buying. seeing improvement in the labor markets. the fed is announcing the end of this program, putting an end to qe. what is going to happen with the markets? now that it is over, what can investors expect? i am joined by bloomberg news stocks editor mike reagan. what do you think?? >> ultimately the initial knee-jerk reaction was obvious. treasury yields, at least on the 10- and 30-year extended their gains. >>-against the euro as well as the end -- highs aga

let's check in with mark crumpton in new york. what else is going on in the world?ng kong pro-democracy protests have gone for six days and leaders renewed demands for free elections and the resignation of the cities had official. eric two days of holidays with the protest numbers may grow beyond last night rally estimated to be at least 100,000 people. the government says it wants to start talks with organizers but it's not clear if any negotiations have happened at this point. comcast says it shed 2.5 million customers in detroit and other midwestern and southern communities as part of a plan to buy time warner cable. relinquishing those markets will help keep comcast market share below 30% of u.s. pay-tv homes. that is the level the regulators want to set as a limit and comcast volunteered to honor. michael phelps has apologized after being arrested for driving under the influence for the second time in a decade. police in baltimore, maryland charge the 18 time olympic champion with speeding and crossing double lanes. he had been driving 84 miles per hour in a 45

from bloomberg world headquarters in new york, i'm mark crumpton and this is "online." the business under section -- the intersection of business and economics. releasingl reserve is the minutes of its open market committee meeting. our chief washington correspondent, peter cook, has the details. >> this was the meeting back in september where the fed decided to maintain its forward items, that rates would likely remain low for a considerable time, but they also released a new economic forecast showing some fed policymakers were starting to think that rates would be moving higher and faster and at tengion is reflected in the minutes from's number when they discussed their forward guidance. several participants. the forward guidance suggested a longer time before liftoff and perhaps a more gradual increase in the federal funds rate than they believed was likely to be appropriate. there was a concern that considerable language could be monetaryit was clear policy with conditions on the ongoing assessment of the economy. another argument was made that table that they -- so

is is "bottom line -- i'm mark crumpton.here in the united states and those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines on this friday. julie hyman is monitoring the volatility in friday's training session. campaigningthe wire in brazil's id

we want to get a check on stories making headlines with mark crumpton. what else is going on? >> hong kong's democracy protests go for a six day. student leaders renewed demand for resignations of the city's top officials. the protest numbers may grow beyond last night's tallies estimated to be at least 100,000 people. the government says that it sought to start talks with organizers but it is unclear many negotiations that have happened. comcast said that it shed two and half million customers in detroit and midwestern committees as part of a plan to buy time warner cable. this will keep their market share below 30%. that is what was set as a limit and comcast volunteered to honor. michael phelps has apologized after being charged for driving under the influence for the second time in the decade. police in baltimore, maryland also charged the 18 time olympic champion with speeding and crossing double lanes. he has been driving 84 miles an hour in a 45 mile an hour zone according to authorities. >> huber and lift are battling each other for market share in cities across the u.

. >> welcome back to bottom line, i am matt miller in for mark crumpton.enan joins us with the report. >> what we are looking at is a big turnaround for oil. it was down 2.5%. now we are closing flat. report's of isis crossing into a baghdad suburb is providing a pop. crossing into a bear market as of yesterday's it had been on track to post the biggest weekly drop since january. the overall issue has been a potential global glut. move.s the one-month are future contracts collapsing because demand is swelling. at a time when output is expanding everywhere from u.s. to russia, where this oil go from here? it is easy for me to say. on track for at least touching 80, if not dropping below that. there are estimates for below 80 oil. gasoline taking a tumble. it is the only part of the complex that is down. a big drop over the past two weeks. big end ofe is a year break for consumers, aaa saying the nationwide average has been seeing a drop to the lowest level since september. in new york we are looking at the four-year lows for pump price. >> i feel like i pay

mark crumpton in just a few minutes. comcast's bid to take over time warner cable.iscuss, next. ♪ >> welcome back to "bloomberg west. the senate judiciary committee chairman asking comcast to strengthen its commitment to net neutrality by pledging to never create internet fast lanes. provider like netflix pays an internet service provider like comcast to obtain preference for its data on the provider's network. the cofounder of bondage and a pioneer of voice over internet protocol joins us now -- cofounder of vonage. they have no plans to do so. how do you see this actually playing out? netflix --ast and they decided to go to their consumers and getting them and saying go to the local providers and turn them we are dealing with a business issue which netflix is trying to leverage rules and regulations to look like the good guys. at the end of the day, the issue -- i don't think you will find anybody against neutrality. the solution netflix is pushing for, if they have their way, will happen overnight. everybody becomes regulated. 11 years ago, i went to over in orde

bottom line with mark crumpton begins at the top of the hour. he is in new york with a preview. on tap today? >> we're going to follow market and investor reaction to the election results in brazil. margin, whata slim will her reelection mean for brazil's economy? and will should be able to push through much-needed economic reforms? i will also speak to black rocks chief investment strategist for latin america. one more win for the giants needed. >> yes. thank you. as device makers prepare for the holiday shopping frenzy, some tech giants are hoping to snag more buyers for products earlier in the year. ♪ >> welcome back to "bloomberg west." with apple and samsung launching new devices in the last two months, we have talked a lot about how the smart phones and tablets could sell during the holiday season. what about some of their products that competitors launched as well? freee here to talk about products you probably forgot about. -- three products you probably forgot about. we do not want to make assumptions, but let's start by talking about nexus. >> it is something that goog

. >> let's get a check on stories making headlines with mark crumpton in new york. >> more than 80 peoplen dallas are being monitored for symptoms of ebola. they came into contact with ebola patient thomas duncan as well as others can headmanned met. for this family members have also been ordered to remain at home until at least october 19. the new york city commuters could face years of trained allays into manhattan. amtrak plans to start remodeling two of its four east river tunnels within the next year due to repairs needed. they said that a permanent fix is needed for the hudson river tunnels all the work cannot start for about a decade. directv has renewed the rights to carry the nfl sunday ticket package and also stream it online. the deal will cost about one and a half million dollars according to a person familiar with the matter. , whose purchase of directv is pending, had a chance to walk away from the deal if the contract was not renewed. >> intel has the latest in tree into the tech race to your wrist. we will get a look at the peak watch. unveiling the latest entry in the wea

. ♪ from bloomberg world headquarters in new york, i am mark crumpton. lin intersection of business and economics with a mainstreet perspective. to our viewers here in the united states and to those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines on this tuesday. su keenan is tracking the falling price of crude oil, and

to our "bottom line" anchor mark crumpton. >> u.s.s to not seem to be doing enough from stopping islamist state militants from taking over a key town. they have entered the town of co-body. the military advance has sent more than 160,000 kurdish refugees fleeing into turkey. the pentagon admits that they possible exposure to ebola. they will run as many as seven testing labs. the u.s. is sending 7000 troops to fight the spread of ebola. the class 2014 has turned in the lowest math scores in the sat math entrance exam since the year 2000 and it's a reinforcing concerns that students are falling dangerously behind in math and science. scores for reading rose one point writing fell to the lowest mark since 2006. >> could big day to hold the key to finding the next great graphic artist or software coder? we explain next on "bloomberg west." ♪ >> welcome back to "bloomberg west." human resources turning to big data for decisions on who to hire, fire, and promote. it's pushing companies like netflix to look for outside help from the likes o

i want to get a check of other stories make the headlines now with mark crumpton in new york. >> thepreme court refuses to wait into the same-sex marriage debate, at least for now. in a surprise move, justices declined to hear cases involving same-sex marriage. the decision leaves lower court rulings in place that will legalize same-sex marriage in 11 additional states. when u.s. airman was killed, two others are missing after a typhoon washed them out to see in japan. the airmen were stationed at a base in okinawa. meanwhile, the typhoon is heading out to see after lashing tokyo with heavy rain and wind. disney and time warner have agreed to a new nine-year television contract to carry nba games. the two media companies are paying the nba $4 billion for the rights, about three times the current contract price. the nba package is seen as key to time warner's turnaround plan for its turner broadcasting division. emily? >> what is coming up on "bottom line,"? >> were talking the secretary of -- ♪ >> welcome back to "bloomberg west." i'm emily chang. facebook is now the official owner o

. ♪ >> from bloomberg world headquarters in new york, i am mark crumpton and this is bottom ane, thewith mainstream perspective. after successfully getting ebay and paypal to split, carl icahn is renewing his focus on apple. in an open level -- letter to the apple ceo tim cook, apple is trading at half value and that the company should celebrate shared buybacks. mr. icahn, his son,

mark crumpton gives us a preview. >> we will continue to follow the drop in the u.s.markets. we will also get a fourth-quarter outlook from the global investment strategist at tiaa-cref. recoveryes a steady still argues for ongoing gains, but that relative performance may be better internationally. i will see you at the top of the hour. >> thank you. we will be right back. ♪ >> welcome back. may dream of silicon valley, but one is trying to get them to invest in future of tech leaders. , a school's latest venture tech campus on roosevelt island in new york city. at roosevelt island, we are building a world-class tech campus event that is part of cornell university. it is a graduate school only, so by 2020 and beyond we will have 2000 students. at 100,y we are 40 of them are mba students. innovation/h/ entrepreneurship program. >> 2000 students is a lot of evil o people for grad students. >> it is important to note that they will infringe at all upon the undergraduate population in ithaca. grabby campus. masters in engineering, phd, mba. roosevelt island will probably

. ♪ >> i'm mark crumpton. the is "bottom line," intersection of business and perspective. scrap standardized test, as an admission requirements. resilience head to the polls for this weekends presidential election. had to the polls for this weekend's presidential election. to our viewers here in the united states, those joining us around the world, welcome. we

i am mark crumpton. thanks for staying with us. it is time for the commodities report.keenan joins me with the details. >> it has been under pressure for most of the session after iraq followed saudi arabia and iran for cutting prices. we are getting a late warning from the caribbean and that is turning things around as we had to close. let's go to the charts. starting with oil again, it has almost produced all of its losses. earlier, it was cut -- it was trading below $85. it was down as much as 2% earlier in the session and is near a four-year low. the national average for retail gas is continuing to fall because of the pressure we see on all prices. now below $3.20 a gallon. in january of 2008, the record price was $4.11. opec is not ready to act, according to one analyst. industry veteran michael lynch says that until opec suggests they will stabilize prices, the market will probably keep falling. meanwhile, a positive bounce towards the year-end. they see it rising this morning. the gold story is a simple one. it is all about the dollar and interest rates. gold jum

>> from bloomberg world headquarters in new york, i am mark crumpton. this is "bottom line." to our viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines on this thursday. willem marx looks at the big money at play in this weekend's brazilian presidential runoff election. peter cook has an update on where the terrorist group isil is getting its money. tracking wall street. first this afternoon, the latest developments in one of today's terror attacks in downtown -- and yesterday's terror attack in downtown ottawa. identified as a nativeborn canadian with a history of drug and robbery charges. he shot and killed a soldier at the city's war memorial and then headed to the parliament building up ross the street where he was killed by building security. today, canadian lawmakers honor the security official who fatally shot the victim. he was greeted with a standing ovation when today's session began. the 58-year-old grandfather has been on the job since 2006. he is a former me

. ♪ >> i am mark crumpton. this is "bottom line."ident obama tries to assure americans that he is focused on the economy. lagarde discusses the slowing global economy. despite democracy protest, hong kong's chief executive says he will not resign. to our viewers here in the united states and those of you joining us around the world, welcome. we have

i am mark crumpton, thank you for joining us. "on the markets" is next.at howe a stocks are trading almost an hour to go, little more than an hour to go until the closing bell and we are still rallying here for the three major averages. it is rallying. the biggest gain in four days we have seen since february. energy, health care, industrials leading the pack higher. all 10 industry groups are higher at the moment. we are watching pharma in particular, activist shares are rising after it was reported that the pharmaceutical meganies among belgians a pharma. this is the latest influence we've seen in recent years. with a look at what is driving consolidation is drew armstrong who covers the industry. veryctivists have been acquisitive in particular. what is going on in that particular case? >> activist has been involved in what it feels like to steal after deal after deal this year. i talked to one of their senior executives about a year and a half ago and the way they describe their charity is they have two hands, they can pull one deal in with the left a

other stories making headlines with mark crumpton. >> microsoft showing a preview of its newest windowsrating system, windows 10. the new software brings back the new start menu and will allow corporations to tailor the app store for own users. it has also added security features designed to bring back enterprise customers after the consumer focused windows eight. the federal communications commission has voted to do away with the sports blackout rule, dealing another blow to the national football league. the 40-year-old rule allows them to keep off games in local -- to keep games off television in local markets where the stadiums did not allow. -- did not sell out. the nfl could still enforce blackouts through contracts with individual contract nurse -- contractors. move is the owner of realtor.com and moving.com. adding the websites will about -- allow news corp. expand into real estate this things at its best listings as ad revenue at its newspapers struggles. >> thank you so much for that update. trying to disrupt the way people consume news. why the service is gaining traction when