caroline: they own penguin and random house. this is a joint venture. en doing fantastically well. 95% of revenue. a lot of people say strategically it doesn't make sense. me penguin random house makes so much money with so little investments, it would be crazy to sell. was not interested in 2016. they said they would like it. it's up for sale, we will take it. jonathan: we speak to strategists about will the global economy, specifically china, when we get a ftse 100 ceo, and we want to know what they think. the guy is investing in the economy. what does he think about what is happening in china right now? english language for a lot of chinese businesses. he is quite exposed to china. he believes his business will continue to do well. whether you have a recession or not, people tend to invest in early education, especially if it's online. he is worried about turmoil in china and will continue watching it very closely. tucker what do i need to watch on the pulse -- jonathan: what do i need to watch on the pulse? francine: i have two interviews. that model

penguin random house is performing well. still in the process of combining the two separations, particularly in areas like warehousing, distribution, the finance and technology systems and the like. we're probably a year away from achieving the peak sin earnies. -- peak cinergies. so while it's something i wouldn't rule out, it's not an immediate priority. francine: not 2015 and possibly not 2016? john: probably not 2015 and probably not 2016 either, no. francine: what will it take for you to decide to sell? john: i think we're very happy with the performance of the business. it's doing well. i think the decision we would make would be based on a few of what we saw the earnings potential and future growth of that defense realizing the capital and being able to redeploy it to grow our education business. i think it will be a view of what's best likely to deliver the highest returns to our shareholders and grow the business sustainably over the next 3-5 years. francine: up next, how are business leaders reacting to the labor p

it is available through penguin random house. >> we've got 30 seconds left. you know, i've often heard that for dreamers, you achieve one dream, you set another one. what's next for dan-el? >> the dream is to continue being a contributor in the kingdom of culture. i have another book project lined up, and this one is on roman religion, which is my field of specialization in classics, and so i'm supposed to be finishing that book this coming fall. we'll see if i make good on that promise, and then more books will come. >> thank you for your story. thank you for your inspiration. please sign the book before you head out. >> of course. >> sit tight. before we go, we have an update for you on the financial crisis in puerto rico. new york governor andrew cuomo announced plans to lead a delegation to the island, and we will be joining him during that trip -- alongside him, i should say. the governor will meet with local officials to discuss the puerto rican government's ongoing economic challenges and healthcare crisis. puerto rico's governor, alejandro garc^a padi

penguin random house is performing well.re still in the process combining the two operations, particularly in areas like andhousing, distributing, the technology systems worldwide. we are probably a year away from achieving the peak synergies. while it is something that we look at and i would not ruled out in the future, i do not think you should think it is an immediate process. certainly not 2015 and probably not 2016. >> what will it take for you to decide to sell? we are very happy with the performance of the business. it is doing well. the decision we would make will year of the future earnings against realizing the capital and redeploying our education business. what is likely to deliver the highest return to our shareholders and grow the business sustainable -- sustainably. anna: coming up on the program, a new dawn for labor. anti-austerity jeremy corbyn was elected the party's leader in a landslide victory. how well will his economic ask our work, we will next guest after the break. ♪ anna: welcome back. you're watc