caroline: that was marty walsh, mayor of boston.ning me to talk about the ecosystem here in the city is cory johnson. fighting talk from marty walsh. are you hearing it replicated on your radio show? cory: the move of the technology industry from massachusetts to silicon valley happened a long time ago, and there are a lot of companies to talk about here. i think that the move of ge , i love that it happened to coincide with us being here today. everyone was talking last year this event and this year, looking at ge's big move doubling down. it is the sign of boston coming back in a big way, not just the internet business, but the startup scene here. there are some of the tools that silicon valley has. great academic institutions, a financial community to back things. i think they look at the success of silicon valley and they're trying to figure out how to get it back here. caroline: >> i have heard from the president of harvard and marty walsh, the mayor of boston, the concerns about immigration. cory: you can expect boston and the

. >> that was marty walsh, the mayor of austin. joining me to talk about the ecosystem here in the city is cory johnson. talk from marty walsh. on you hearing it replicated your radio show? >> the move of the technology industry from massachusetts to silicon valley happened a long time ago and there are a lot of companies to talk about here. i think that the move of ge coincided with us being here today and everybody has the talking about the big move of ge doubling down as they change as a company. it is the sign of boston coming back and the internet businesses in the startup scene here. there are some of the tools that silicon valley has. great academic institutions, a financial community, and you can look at the success of silicon valley and how they want to get it back here. >> i have heard from the president of harvard and marty walsh, the mayor of austin, the concerns about immigration -- the mayor of boston, the concerns about immigration. >> you can expect boston and the people of massachusetts to fight hard against a repu

marty walsh had been working with charlie baker to bring in general electric and i spoke to the mayord about how he felt. crown to silicon valley and he wants it back. >> i think we will and can win it back and we are doing it now. massachusetts went through a difficult time with taxes and political decisions that set us back and what is happening is a political climate where everybody is looking to move the economy forward and be innovative. >> there is a lot of statistics to back him up. &d statistics are the highest per capita and they have universities and academic power here in boston. >> i want to ask you about a biotech firm that was one of the companies that met with president trump to discuss the future of biotechnology funding and there has been concerns about what will happen with their funding going forward. what did the mayor have to say about this? >> you are exactly right that it plenty of academics gathering with the trump administration, ivanka trump, mike pence, to talk about the &d and the mayor feels relief here in boston and massachusetts that the funding has rema

. >> that was marty walsh, the mayor of boston.obotics industry has emerged as a major player in the tech scene. and if you like bloomberg news, check us out on the radio. you can listen on the bloomberg radio mobile app. this is bloomberg. ♪ >> massachusetts is home to over 100 20 robotics companies that employ nearly 5000 people. and generate $1.6 billion in revenue. and while that is still relatively small, the industry is growing and so are the resources. facilitytics opened a earlier this year in the seaport district and are dedicated to fostering young robotic-based startups and keeping them in town. belongs tomous drone the american robotics, one of the handful of startups based here at mass robotics. >> the name is double meaning. mass because it started in massachusetts but also, mass over body. facility to the help startups get off the ground. explains, it is an escalator. >> it is a new concept. incubators have been around for sometime. and the model has been effective in starting a business. but when it comes to hardwar

caroline: that was marty walsh, mayor of boston.try has emerged as a mere player in the boston tech scene. we will talk about how the startup is getting off the ground. and, if you like bloomberg news, check us out on the radio. you can listen on the bloomberg radio app, bloomberg.com, and on sirius xm in the u.s. this is bloomberg. ♪ ♪ caroline: massachusetts is home to over 100 20 robotics company that employ nearly five thousand people and generate $1.6 billion in revenue. while it is still relatively small, the industry is growing and so are its resources. mass robotics, a nonprofit earlier this year in boston seaport district. it dedicated to fostering young boston startups and to keeping the talents intact. this autonomous drone -- intact. this autonomous drone belongs to american robotics. they are based here at mass robotics. >> the name mass robotics has double meaning. mass because it started in massachusetts, but is a mass of robotics. caroline: the nonprofit started in 2014 and open the facility in february with a lap to

we will have an exciting lineup of guests, including exclusive interviews with marty walsh, charlie bakeresident drew faust, and general electric's ceo. that's all for now. this is bloomberg. ♪ >> coming up on "bloomberg best," the stories that shaped the week in business around the world. the fed meets, but doesn't move. brexit talks take a tougher tone and president trump tells bloomberg what is on his mind breaking up the big banks. >> he gave us a sense there is a decision or something eminent in terms of handling wall street. >> money managers talk exquisitely about their business. >> we're seeing money come out of active management heading towards passive structures. >> give me a sense of what you learned from valeant? >> it is very expensive.

we will have an exciting lineup of guests, including exclusive interviews with marty walsh, charlie bakeraust, and general electric's ceo. that's all for now. this is bloomberg. ♪ ♪ >> there were two incidents where you almost lost her life. over the a.m.nt trace. you showed of you could do push-ups. general petraeus, the only time i ever stopped at 50. you had never before had people working with you where you were killed in time that -- combat. the president calls and ask you to do something you do it. people would recognize me if my tie was fixed.

catch a conversation with the former boston pops conductor keith lockhart and boston mayor .ody -- marty walsh bloomberg's tech week in boston. i will definitely be listening in. that sounded amazing. we are still keeping our eyes on oil. the commodity close, fluctuating after saudi arabia and russia signaled they could extend production cuts. how much good will that do? the latest next. this is bloomberg. ♪ from bloomberg world headquarters in midtown manhattan, this is "bloomberg markets." we have commodity markets closing in new york. crude is bouncing around after saudi arabia and russia signaled they could extend production cuts into next year, doubling down on an effort to eliminate a supply surplus. bloomberg is also reporting that some opec members are set to have discussed deepening those cuts in addition to extending them. let's move on to natural gas. accuweather is seeing temperatures below normal on the east coast and average in most of the central u.s., which means no need for air conditioning. inventories are another factor. they were 16% above the five-year average for the peri

we will have an exciting lineup of guest, including exclusive walsh,ews with marty charlie baker, harvardrew faust, and general electric's ceo. that's all for now. this is bloomberg. ♪ carol: welcome to "bloomberg businessweek." i'm carol massar. oliver: i'm oliver renick. facebook's image for a future. and why recalls drag economy, that's a fun story. oliver: all of that ahead on "bloomberg businessweek." ♪ oliver: we are here with megan murphy, let's start by talking about the opening remarks section.