betty: we will get paul allen's impressions of it. no holds barred.turn mixed martial arts into a multimillion dollar sport. is an ipo next? the ceo will join us live and get a preview of how the markets may react. it will not be quite as violent hopefully as that. the fed is likely to raise rates today. we will go over the whole spectrum of reactions. those stories and much more coming up on bloomberg television. ♪ betty: welcome back. this is "bloomberg markets." it's time for the bloomberg business flash. let's go to vonnie quinn for the biggest business stories in the news. vonnie: the canadian railway has sweetened its takeover offer for norfolk southern. to $25 payoutnext if certain events occur after the takeover. norfolk southern has rejected to previous offers. manufacturing did not grow last month. factory output in november was held back by less production of durable goods like cars. meanwhile, wonder whether led to the biggest slump in utility output in more than eight years. pharmaceuticals has cut its forecast for the drugmaker said it w

let's go to paul allen. he said to wait for data and we have loads of it. >> we certainly do.is encouraging. some, less so. the house prices were off nationally and down in sydney. it was a market that was ." cribed as, "crazy this is just over $10,000 and it would not even come close to covering the tax of the transaction. at least the market is cooling. we had week numbers out last week and the deficit is widening. expected isof data the gdp numbers and they will the hour.ision before >> this could be good for the office it's. secretary has a and the country has become accustomed to its with a report suggesting weaker growth will hurt the government when they released the of eight sometime in the next couple of larger levels it is clear that there is a literal and figurative whole in the ground with economists saying there will be no church -- no change and they may have cut. we will check in on some aher stories concerning relationship and they declined to give details. this would block interference with unnamed sources saying they are ready to reduce voting rights and pari

to that end, one of the richest men on the planet, the co-founder of microsoft, paul allen and his vulcan productions, are spearheading a educational campaign around the film, a call to action, if you will. we have more about it online at #justonething on our subsides. >> i'm watching. did i hear myself right? those are amazing figures. >> amazing. >> cynthia, thank you very much. >>> we're back in a moment with a mystery. who left a half million dollars in one of those famous red kettles? ♪ how much money do you have in your pocket right now? i have $40, $21 could something that small make an impact on something as big as your retirement? i don't think so. well if you start putting that money towards your retirement every week and let it grow over time, for twenty to thirty years, that retirement challenge... (crowd cheering) ...might not seem so big after all. ♪ prudential, bring your challenges. >>> this nba season will be the last for one of the all-time greats. kobe bryant has announced that he's retiring from the game in a poem posted online called "dear basketball." bryant has spen

to that end, one of the richest men on the planet, the co-founder of microsoft paul allen and his productionsding a educational campaign around the film, a call to action, if you will. we have more about it online at #just one thing on all subsides. >> i'm watching. did i hear myself right? those are amazing figures. >> amazing. >> thank you very much. >>> we're back in a moment with a mystery. who left a half million dollars in one of those famous red kettles. reated with platinum-based chemotherapy, it's not every day something this big comes along. a chance to live longer with... opdivo, nivolumab. opdivo is the first and only immunotherapy fda approved based on a clinical trial demonstrating longer life... ...for these patients. in fact, opdivo significantly increased the chance of living longer versus chemotherapy. opdivo is different. it works with your immune system. opdivo can cause your immune system to attack normal organs and tissues in your body and affect how they work. this may happen any time during or after treatment has ended, and may become serious and lead to death. see you

joining us, paul allen is live from sydney. if they find a guy responsible? sh i could give you a yes or no pretty answer is maybe. he is the ceo of a company he is a smart guy. he has a phd in science and theology and an interest in bitcoin. does this make him the founder of bitcoin? a number of people have been accused of this. there is even a theory that he may not be one person. there is the testimony of this man, who once met him and asked flied out argue the founder of bitcoin to which he answered he , arest asked him flat-out you the founder of bitcoin? he answered he only has enough bitcoin to buy a pizza. the first bitcoin transaction was to buy a pizza. was that an oblique confirmation? emily: i wonder. his house was raided. supposedly it had nothing to do with bitcoin. >> police said they were there to help the australian tax office, the equivalent of the irs on unrelated taxation matter. local media interviewed the neighbors who said he is a bit weird, he has three phase for power installed in his house. that is what you would use for a factory. th

paul allen was in sydney to gauge the audience reaction.ce has awoken in one of the first countries in the world where the new film has opened to the public. nothing like a star wars film. that is officially true for the latest installments of the franchise. it reunites the heroes from the original trilogy for the first time in 32 years. this greening just ended. the question is, what do the fans think? box they did -- >> they did such a good job. everything was awesome. >> it was amazing. i could not rave about it more. i'm looking forward to the next one. >> i have been waiting years for this. paul: there are 7000 sessions scheduled in the opening week. in original film come in -- 1977 was screened at just a few dozen theaters in the u.s.. disney bought star wars from george lucas, some question there wisdom. however, after the hype relentlessly builds, it is starting to look like a bargain. as the new movie and merchandise are rolled out, is the saturation marketing a case of force feeding? lucien, great to have you on this "force awaken

paul allen out of sydney. coming up next, ready for liftoff. prepares to raise rates this week. you are watching first up for you to stay with us. -- first up. stay with us. angie: you are watching first up area of more now on the week ahead, and it is all about the fed. joining us is chief asia-pacific economist. the fed is ready to go, with china stabilizing. >> i think the china data we have seen has removed any last obstacle to fed liftoff. the key this week will be on the new wants to the statement -- on the nuance to the statement. week.going to be a big >> china is already worried about the pressure on the r&b. an interesting move with the pboc unit, saying they want to a basket of currencies. >> with trade exposure to the rest of the world, that does make sense. to move unilaterally against the u.s. dollar doesn't really make sense given that china still remains the factory of the world at this stage. agentms of the impact on -- on asian currencies, i think it is very well priced at this stage. it will come down to the new wants of the statement, how hawkish the fed is o

paul allen, thanks for that. noing up next, th limits. ♪ angie: checking the stories making headlines around the world. more heavy rain is forecast in southern india, as they struggle with the aftermath of a century's strongest storm. air india says that full operations won't resume before the middle of the week. at least 450 people died in the flood, and we expect that number to rise. 14 patients died in the hospital intensive care unit when the power failed. antigovernment protesters in korea are planning more mass rallies this month after saturday's demonstration. it will be held in 16 cities on december 19, urging the government to tackle rising unemployment and food prices. police and the government have tried to ban saturday's rally but a judge ruled it could go ahead. is on itsight wing way to victory in at least five of 12 regional elections. exit polls save the party, led by marine le pen, has taken at least 27% of the vote, with the republicans of former president nicolas sarkozy in second-place and soc

yvonne: paul allen joining us live from sydney. thank you. joining us shery ahn now. shery: we have the latest health check the economy. the numbers are expected to underscore the nature of the country's growth, and with , thereconsumer spending is a lean production numbers. industrial production is expected to have remained near a six year low, increasing 5.7% from a year earlier. investments through this year are expected to close through the week. mccrory security says that this is the phasing out of the old economy. you will continue to see weak growth in steel, coal, and power generation. brands has had its bond downgraded to junk by s&p the agency gave the debt a stable outlook. the company agreed to split off its chinese division back in october, and it said that two businesses could be better operated separately. economythe chinese being rocky, it does expect success there. it aims to test a taco bell there in 2016. company canays the survive the emission scandal and won't need to sell assets. the ceo says he is committed to keeping the company's 12 rands, sug

paul allen in australia for us. thank you so much.aupload founder kim dotcom and his legal troubles. i sat down with him for an exclusive interview back in april. kim: the vast majority of files on megaupload are completely legitimate. there are no differences between megaupload or dropbox. you can use it for good things or bad things. you can buy a knife and stabbed someone in the heart, or you can use it to slice your bread. you are not throwing a knife acre in jail because someone is murdering someone with a knife -- knife maker in jail because someone is murdering someone with a knife. a singlever uploaded copyrighted file onto megaupload and shared it. emily: but did you try hard enough to stop it? : we followed the law. when we got copyright notices, we followed them. emily: you had a reward program. to uploadsers content, and they made more popular their content was. and the more popular things were movies that hadn't been released, music that was free. in that way, weren't you complicit? don't think so. the rules are the front

let us go over to paul allen. his position was telegraphed months ago.this morning's move really talking about what is going to happen next. he stepped down as chairman. there has been a long transition period to smooth him into the chairmanship role at ground. -- at crown. this is all being seen through the lens of the media reports last week when we heard consolidated press which was in talks with private equity firms about of crowntaking part private. since they put out a release that talks were held him but not of this nature speculated about in the media. fromday's announcement james packer, there was a line there where he described crown as his biggest professional priority. we take a look at crown shares, carrying on the bounce they had late last week. on the news that packer was going to be stepping down. an unusual takeover fight that is heating up in corporate china. vanke seems to be heading or a showdown with its largest investors. with a twist and turn of this drama. >> we had a back and forth over the weekend over the chairman of group sayi

./// ((paul joncich)) > we want to share more viewer pics with you... from our viewer allen kerr. he got a great shot of the fireball at the time that it take a look: (( allen kerr / 8nn viewer: "this is burning across the sky right now... beautiful. every color of the rainbow. it's breaking into several pieces. it's into multiple pieces now. gonna see if i can get a view from the road. it's traveling in a general southeast direction. parts now. and they've all but faded from view. that was amazing." )) ((denise valdez)) > and the conversation continues tonight on our facebook page and on twitter... you can head over to facebook now dot com slash 8 news now to check out all the viewer video we've received... and follow us on twitter at 8 news now. you can always email us video directly... to pix at las vegas now dot com./// ((denise valdez)) > the woman charged with plowing down multiple people on the strip with her car... is due in court early tomorrow morning. ((paul joncich)) 24 year-old lakeisha holloway is in custody facing numerous charges tonight we continue to dig deeper i

on tuesday, paul simon and other artists headline a benefit concert in new orleans. the concert honors local r&b musician allenlast month at the age of 77. wednesday, "time" magazine reveals its person of the year for 2015. the ebola fighters were last year's honorees. thursday sees award ceremonies for this year's nobel prizes, the friday is the latest deadline for congress to pass a new spending bill in order to avoid a government shut down. and saturday brings the annual running of the santas charity event in philadelphia, with some 10,000 people expected to take part. investment approach remains. we ask questions here. look for risks there. and search for opportunity everywhere. global markets may be uncertain. but you can feel confident in our investment experience... ... around the world. call a t. rowe price investment specialist, or your advisor... ...and see how we can help you find global opportunity. t. rowe price. invest with confidence. "how to be good at math." how much money do you think we saved today? a lot. come into lowe's today for great deals like this porter cable compressor for only $99.

little bit closer to where you saw ted cruz, rand paul and donald trump stand last night and ben carson than where you saw the others. >> jonathan allen, it's settled. it looks like one of my predictions about donald trump is coming true. he's not going to run as an independent. you know, he was very proud of that poll showing that, you know, 68% of his supporters would support him as an independent, which meant he would do a little bit better than ralph nader as an independent if you do the math on it. he knows the math, he's not going to do it. he made that very clear last night. the table is set, donald trump is not going to destroy the money republican party as running as an independent. he's going to destroy the republican party by getting the nomination. >> i think that's what he's saying. carrots, avocados, they're all vegetables, right? i think that's exactly what he's saying. and look, to the extent that we in the media and analysts and political strategists dismiss the fact that donald trump is running ahead of the field by a lot in national polling, we do that at our own peril and risk of our own credibility. why would he s

paul stastny right out front. huge save to keep it 1-0. another goal for the blues a great pass, sets robbie fabbri up for the wrister up high. 2-0 blues. jake allen gets the shutout in net. blues win 2-0 first boston shutout in the 33 games this year. the bruins are off until they host the sabres on saturday. one week from friday they play the montreal canadiens at gillette stadium. high school hockey tonight bedford and the pelham-alvirne avalanche hooked up at skate 3 in tyngsboro. the pelham-alvirne goalie had a busy night. curtis richall. bedford gets 4 goals in the 1st , starting with a wrister up high by john mcdonough. 1-0. then griffin gagne sets jay roberto up for a goal 2-0. and then colin voloshin follows the bouncing puck and pokes it into the net. bedford is really good this year and they win 6-1. let' s check out one of the top high schoolbasketball players in the state, if not the best. keith brown of pelham, taking on bow. check out the quick release. quick trigger, knocks down his first shot of the game and then he splits the defense and avoids the charge as he lays it in off the glass. a big crowd on hand to check out the champs

let's go over to paul allen in sydney for reaction. reporter: very optimistic.the budget deficit, to be fair, not as big as we were except -- expecting. we had a $37.4 billion as -- deficit. it is all predicated on rather optimistic thinking. we heard the treasurer referred to encouraging unemployment figures, although there are obvious questions around the credibility of those. these numbers also predicts iron or prices of around $39 per ton. the last budget, it was $48 per ton. that might be a little optimistic. last friday, the price at $38.10. bycould go as low as $20 2017, so perhaps wishful thinking on that part as well. the growth forecast has also 2.5%, downd down to from 2.75%. all in all, a fairly optimistic read from the treasurer and finance minister. we will have to wait and see what the analysis says of this, because it is a very confident reading of the situation. do also expect that this will be used sap cursor to get australia into a broader discussion about revenue and taxation reform. yvonne: we talk about those reforms, the australian governm