announcer: the david rubenstein show, peer to peer conversations, is brought to you by state street globaldvisors. there is opportunity in complexity. david: you have been the c.e.o. more than 10 years, and most ceos of fortune 500 companies are five years or so. so you have done very well. the stock is up 67% since you have been the c.e.o. harder to be a c.e.o. now than 10 years ago? indra: i think when you look at the world the last decade, the financial crisis in fact changed the world enormously because you had since then really the world has not recovered from the financial crisis. you have had geopolitical upheavals and technology is rewriting the rules. what kinds of jobs will you keep in the company and how are you going to digitize the value chain and how will e-commerce impact the business? there is some technology impacting every part of the company. so in the last seven years in particular, it has been a real challenge to run a large company because you have got to be a foreign policy expert and technology person and got to be on the front line and talk to the front line and wo

said, of all of the diseases, why should -- i will take a tax. ♪ david rubenstein show, peer-to-peerrsations, is brought to you by state street global advisors. there's opportunity in complexity. david: your view is the best place in the world to invest is still the united states? mr. buffett: it is the best i know of, and it has been wonderful. nobody has sold america short since 1776. and enjoyed what happened subsequently. we had roughly 2% or slower roughly 2% orad slower growth the past four or five years. is it possible to ever grow 5% in this economy? mr. buffett: there will be some years. but 2% growth, if you have less than 1% population growth, means in one generation, 25 years, we will add $18,000 gdp per capita, family of so we are just 4, 70 $5,000, beginning. 1%, my life has had a lot of -- a product of compound interest. it may be better to do it at higher rates, but if you already have a prosperous economy, and we have the most prosperous economy the world has ever seen, and you keep compounding it, over time, people will be living far better 20 years from now than th

discipline, hard work and loving what you do will get you very far. ♪ announcer: the david rubensteinto peer conversations, is brought to you by state street global advisors. there is opportunity in complexity. ♪ ♪ .. .. ♪ mark: welcome to this edition of the "best of with all due respect." the president-elect begins to fill out key positions in his administration. where we begin tonight is with bloomberg's josh green, one of the only reporters with a line to the most contentious of trump picks so far. joining us now from washington, d.c. is a guy who is the only reporter who can get steve bannon on the record. bloomberg businessweek international correspondent, josh green. josh, trump knows he's

discipline, hard work and loving what you do will get you very far. ♪ announcer: the david rubensteineer to peer conversations, is brought to you by state street global advisors. there is opportunity in complexity. ♪ ♪ ♪ ♪ ashlee: if you are having tea with a giant hello kitty doll, then you are almost certainly in japan. ♪

. >> reporter: financier david rubenstein has donated millions to restore the lincoln memorial. giving $18.5 million to the park service to repair this memorial's stained walls and leaky roof and to scrub clean two iconic murals and to move some of the important and most important words ever uttered by an american president, but the biggest change will be underground. where are we right now? >> right now, we are under the lincoln memorial. >> reporter: for the first time, tourists will be able to see this subterranean cavern and to view the graffiti sketched by construction workers almost a hundred years ago. this area? >> the visitors area is up here. >> reporter: the center will dramatically change the lincoln memorial experience. >> so there will be much more opportunity to learn about lincoln and to really come away from this lincoln memorial with a real sense of who lincoln was and what he did. >> reporter: why do you do this? >> i do it because i think i'm giving back to my country in a small, modest way, perhaps, and hope i'll inspire other people to do the same. >> repor

i want other people to do it myself. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >> quijano: a truly noble endeavor. that's the cbs evening news. for scott pelley, i'm elaine quijano. happy thanksgiving, and good this is "jeopardy!" please welcome today's contestants -- an aspiring tv writer from west hollywood, california... a writer from boston, massachusetts... and our returning champion, an executive assistant from burien, washington... whose 1-day cash winnings total...

. ♪ announcer: the david rubenstein show, peer to peer conversations, is brought to you by state streetlobal advisors. there is opportunity. david: over the years, you bought many companies, like the "washington post." how did that come about? mr. buffett: in 1973, the washington post company had gone public in 1971, about the time of the pentagon papers. but in 1973 the nixon administration, through a pal of nixon's, they were challenging the licenses of two of the four television stations. so the stock went from 37 down to 16. at 16, there were about 5 million shares. that was for $80 million. no debt to speak of. so the washington post company, intrinsically worth $400 million or $500 million was selling for $80 million. it was ridiculous. you have a business unquestionably worth five times what it was selling for, and mr. nixon was not going to put them out of business. david: when you are doing these analyses, then and now, do you have computers that help you? in those days, how did you read about the washington post, and how do you do it today? mr. buffett: same way, but fewer opp

i want other people to do it as well. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >>> coming up after your local news on "cbs this morning," we will meet miss veteran america and show you how the competition unites women from the armed forces for a good cause. plus, tips on finding the right it. and mo rocca talks with rock singer arlo guthrie about his thanksgiving anthem "alice's restaurant." that is the "cbs morning news" for this thursday. thanks for watching. have a wonderful thanksgiving. i'm anne-marie green. ? you can get anything you want at alice's restaurant walk right in a half a mile ,, ,, captioning funded by cbs >>> good morning. it is thanksgiving day. it is thursday, november 24th, 2016. >>> new york city says it will have its tight security ever for the thanksgiving day parade. thousands of police hit the streets spectators. >> president-elect trump names a charter school booster to be his education secretary. many republicans applaud the move. teacher unions give it an f.

"the david rubenstein show: peer to peer conversations" is brought to you by state street global vise source. is student in complexity. david: some people who might be atching this would say this person has in all a woman had has become the c.e.o. of a great husband nd has a married to for more than 30 years, two happy and healthy are employed and is it possible for anybody certainly a woman in our society you feel all and do like you have had it all? indra: on a relative basis yes i have had it all. a relative basis i'm very fortunate to have a wonderful very d, two great kids tightknit family and awesome job and great team. here around stay here lots of tradeoffs and sacrifices under the water a lot of damage but i have had the strength to power through all of that. can you have it all? that is the big question? in this definition. i think if you have the right system and understanding spouse and you want to be married, if you are willing to tradeoffs that you need it make you can have it all. that ile you do all of there will be heartaches and pain and there will be some damage.al

i want other people to do it myself. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >> quijano: a truly noble endeavor. that's the cbs evening news. happy thanksgiving, and good from sony ctdi, it's america's game! wheel... of... fortune! ladies and gentlemen, here are the stars of our show, pat sajavaa white. hello, hello! thanks, everybody. thank you, jim. stop it. just behave yourself. go do something with letters. hi! odo seu all. your time is here. our first "toss up" is coming up. the category is "landmark." it's worth a thousand bucks.

i want other people to do it myself. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >> quijano: a truly noble endeavor. that's the cbs evening news. for scott pelley, i'm elaine quijano. happy thanksgiving, and good >>> tonight, president-elect donald trump is in palm beach florida for the thanksgiving break. today he announced three key cabinet picks: ben carson for hud secretary, [ indiscernible south carolina governor nikki haley will become un ambassador. also tonight, the post is -- mike pence has a new address in the dmv. washington, to be exact. first, for the second day in a row, president-elect donald trump has taken to social media to share a video message this. time his thoughts before thanksgiving. >> it's my prayer that on this

i want other people to do it as well. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >>> coming up after your local news on "cbs this morning," we will meet miss veteran america and show you how the competition unites women from the armed forces for a good cause. plus, tips on finding the right sneaker for you and whether it. and mo rocca talks with rock singer arlo guthrie about his thanksgiving anthem "alice's restaurant." that is the "cbs morning news" for this thursday. thanks for watching. have a wonderful thanksgiving. i'm anne-marie green. ? you can get anything you want at alice's restaurant walk right in a half a mile now at 4:30 - on thanksgiving day...grab your coffee and enjoy the holiday ...we've you got you covered. covered.from security being beefed up at new york city's annual thanksgiving day parade...to travelers still hitting the roads to get to their holiday destinations. destinations.and what you need to know this morning... about ?cooking that turkey.?we have ?tips?... in

i want other people to do it myself. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >> quijano: a truly noble endeavor. that's the cbs evening news. for scott pelley, i'm elaine quijano. >>> trouble at the maricopa county morgue. the alarming problem that forced the medical examinetory ask for an additional $300,000. r tas >>> and successful scam, nearly a dozen people handing over money to crooks. how thieves are using apps to steal your hard-earned money. >>> we begin with some extremely disturbing video just in. home surveillance of a gunman held holding an elderly couple hostage in their own home. this happened just a few hours ago in tucson. police say they're still looking for the suspects. both shaken, not hurt. i posted this video facebook page and our station page. share it with your friends to get the word out, to get these men caught before they strike again. >> so dist video. >> wow, yeah. >>> a hiker has taken a deadly fall on lookout mountain in phoenix. >> witnesses said he went

i want other people to do it as well. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >>> coming up after your local news on "cbs this morning," we will meet miss veteran america and show you how the competition unites women from the armed forces for a good cause. plus, tips on finding the right sneaker for you and whether and mo rocca talks with rock singer arlo guthrie about his thanksgiving anthem "alice's restaurant." that is the "cbs morning news" for this thursday. thanks for watching. have a wonderful thanksgiving. i'm anne-marie green. ? you can get anything you want at alice's restaurant walk right in a half a mile right now on cbs 2 this morning...it's the busiest travel holiday of the year - we've got our cbs 2 road warrior out this morning to let you know where the tie ups are. plus, turkey economics, why your thanksgiving table cost you a little less to prepare this year, and - iowans saved, two iowa turkeys avoided the thanksgiving table this year in a a live look now at on this th

i want other people to do it myself. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >> quijano: a truly noble endeavor. that's the cbs evening news. for scott pelley, i'm elaine quijano. happy thanksgiving, and good right now on cbs 2 news, thanksgiving price tag-why you're probably paying less this year to put your turkey on the table.and ... humble >>> why you're probably paying less this year to put your turkey on the table. >> and humble service. >> the annual event working to has your weather first our team coverage on thanksgiving travelcontinues with cbs 2 news anchor matt hammill live in cedar rapidswith a look at traffic

i want other people to do it myself. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >> quijano: a truly noble endeavor. that's the cbs evening news. for scott pelley, i'm elaine quijano. happy thanksgiving, and good night. u live in the and you're eligible for greatemedicare,nd area anthem blue cross and blue shield can help you get a great plan at a great rate! our medicare advantage plans pay for many of the costs original medicare doesn't. so you can focus on other important decisions. anthem plans help protect you from high medical costs. members have access to our trusted network of local and national doctors and hospitals and can visit doctors 24/7 from home with live health online. prescription drug coverage and access to over 13,000 fitness locations nationwide. now's the time to switch! if you live in one of the following counties, you can get a plan with zero dollar monthly premiums. call now! the medicare enrollment deadline for the cleveland area is december 7th. so call anthem tod

. ♪ >> david rubenstein show, peer to peer conversations, is brought to you by state street global advisorsere is opportunity in complexity. ♪ david: over the years you bought many companies, stakes in companies. one of those companies i know very well is "the washington post." how did that come about? mr. buffett: in 1973 -- the "washington post" company and gone public in 19 some new one, right about the pentagon papers. but in 19 some e3, the nixon bebeistration through rebozo were challenging the licenses of two of the four television stations. the stock went from 37 down to 16. at 16, there were about -- it was selling for $80 million. it was ridiculous. -- that included the newspaper, other assets. the washington post company, intrinsically worth $400 million or $500 million, sold for $80 million. it was ridiculous. it was unquestionably worth five times what it was selling for, and mr. nixon was not going to put them out of business. david: when you do analyses, then and now, do you have computers that help you? how do you read -- did you get printed materials? in those days, how did

the david rubenstein show explores the choices of most influential people.stein travels the country talking to leaders to uncover their stories and their path to success. this week's episode, the pepsico ceo. >> not long ago, an activist showed up. the activists said, maybe you should spin off your frito-lay business, your snack business. what was your response and how did you keep the activists for -- pretty happy? >> my job is not to keep an activist happy. my job is to make sure the company is managed for the next generation and is performing very well. if the activist is happy in the process, so be it. i am an internal activist. i own 33 times my salary in pepsico stock. my entire net worth is in this company. emily: indra nooyi there, chairman and ceo of pepsico, also weighed in on the present question of work life balance. >> is it possible for anybody, certainly a woman in our society, to have it all? >> i think if you have the right support system, if you have an understanding spouse, if you want to be married. if you are willing to make all the trad

i want other people to do it myself. >> reporter: a mission born of rubenstein's love of his countryd the great americans who gave it life. chip reid, cbs news, washington. >> quijano: a truly noble endeavor. that's the cbs evening news. for scott pelley, i'm elaine quijano. happy thanksgiving, and good night. ♪ ♪ ♪ >>> kanye's breakdown. new bombshells tonight. will kim keep standing by her man? >> plus brad pitt's thanksgiving plans with angie? what "e.t." just learned. >> then michael jackson's son all grown up. my interview with prince michael today sharing private memories of his father. >> he was a good cook. >> what was his best dish? >> it was called daddy bread. >>> plus, we're on the set of the "beaches" remake. >> i don't think she's that forthcoming with compliments. >> we're with laurie after her big win giving us more reasons to love the dancing champ. >> where is the mirror ball going to go? >> some place probably in the middle of my house as long as my mom's okay with it. >> now for november 23, 2016, this is "entertainment tonight""

but he likes to be higher up on the list. >> david rubenstein david is brought to you by state streetlobal advisors. there is opportunity in complexity. i've spent my life planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. terre: we asked some of the best minds in the world from business, government, the arts, and academia, what are the most urgent problems facing humanity, and how do we solve them? the result is "big problems/big thinkers." what is the number one major problem facing mankind? >> i think is the lack of education. >> politics has been getting dumber and dumber. >> there is a balance of green spirit. >> if we don't have a more sustainable way

i want other people to do it as well. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >> quijano: a truly noble endeavor. that's the cbs evening news. for scott pelley, i'm elaine quijano. happy thanksgiving, and good night. captioned by >> developing now, investigators are hoping someone has information as they try to find the person who attacked a man, then set him on fire. thanks for being with us. i'm jim benemann. >> i'm karen leigh. that man is on a long road to recovery. it happened on a busy stretch of road at 58th and washington at i-25. jeff todd joins us. businesses in the area say they are having trouble coping with this attack tonight. >> reporter: yeah, karen, we have been told this man went by matthew. some people called him red. he was well known to the business owners and a number of the local locals we talked to say they have known him for years. there are marks on the building where he was set on fire. we are about to show you some disturbing video. this happened november 6 ar

i want other people to do it as well. >> reporter: a mission born of rubenstein's love of his country and the great americans who gave it life. chip reid, cbs news, washington. >> quijano: a truly noble endeavor. that's the cbs evening news. for scott pelley, i'm elaine quijano. happy thanksgiving, and good and a name.. so what's next? bill foley/vegas golden knights majority owner: "and every 3-5 minutes we're going to announce a player we have team coverage of the next steps before the vegas golden knights take the ice next year... and why they chose that name and logo... ((paul joncich)) >>> millions are traveling for the holiday... so why is las vegas their top destination? we look at what visitors have planned for their thanksgiving holiday.... ((denise but don't want to cook? we break down the options for dinner.. from the most affordable.. to the most elegant... ((tedd florendo )) and big changes headed our way after a nice thanksgiving holiday. details coming up on the valley's news leader<<<))) <<< news music voice over: "now, live...this is 8 news now at six." >>> ((paul jon

rubenstein show.wo discussed changes around the world that have made it more challenging to run a global battle to hit on the defend and activist investor to break up the country -- break up the company. >> most ceos are ceo for five years or so. the stock is up 67% since you have been the ceo. is it harder to be a ceo now than 10 years ago? look at the world in last decade, the financial crisis changed the world in norma slate. , theave had since then world has not recovered from financial crisis. you had geopolitical of peoples all over the world and on top of that, technology disruption is rewriting the rules of most companies. what kind of jobs are you going to keep in the company? how is e-commerce going to impact your business? there is some technology impacting every part of the company. this last seven years in particular has been a real challenge to run a large company to be ayou have foreign-policy expert, a technology person, you have to talk to the front line in two world leaders and ceos

emily: david rubenstein travels the country talking to leaders to uncover their path to success. the third part of this six part series wednesday at 8 p.m. eastern. competition to reign over the internet of things is heating up. one company looking to make it smart is formally c3 energy, which closed a funding round. their aim is to connect a fracturing equipment, medical devices and all the other commercial quitman used by the world's largest companies. funding peaked, hitting a whopping 3.2 billion dollars, but the numbers are expected to decrease this year. joining me to discuss the iot landscape is the person who founded steeple systems back in the day and worked at oracle before that. thank you for joining us. how do you respond to this idea that the hype around iot is dissipating and that some of it is just hype? tom: i've been in the information and technology business for decades and i've seen it go from internet computing to cloud -- each of these was an entire replacement market. the next generation of computing is all about smart connected devices and the internet of t

. >> reporter: financier david rubenstein has spent tens of millions of his own fortune to refurbish everything from the iwo jima memorial to the washington monument. >> if lincoln were to stand up he would be 28 feet tall. >> reporter: now he's giving another $18.5 million to the parks service to repair this memorial's stained walls and leaky roof, and to scrub clean two iconic murals and some of the most moving and important words ever uttered by an american president. but the biggest change will be underground. where are we right now? >> right now, we're under the lincoln memorial. >> reporter: for the first time, tourists will be able to see the subterranean cavern that looks like a cathedral and to view graffiti sketched by construction workers almost 100 years ago. the visitor center will be in this area? >> the visitor center will be up here. >> reporter: that's right, a massive 15,000-square-foot underground educational center will dramatically change the lincoln memorial experience. >> so there will be much more opportunity to learn about lincoln and to really come away from

emily: a reminder, catch the david rubenstein show featuring indra nooyi tonight right here on bloomberg coming up, we take a look at new innovation lanes at 3 u.s. airports and break down what some airlines are doing to create new bag technology. this is bloomberg. ♪ on a: now to an update story we have been monitoring, a judge has ordered avx or pilots to end their strike and get back to work. walked off the job tuesday protesting alleged staffing shortages and more than two dozen flights were challenged -- canceled. the return comes on the eve of one of the biggest online shopping periods, from thanks giving to cyber money. another consumer travel, in the u.s. the holiday season is upon us. for many, that means bracing for long airport security lines, hoping your luggage arrives when and where you do. but thanks to some tech innovations, this year's journey could be smooth sailing. >> is nothing worse than being when a to do, this, when all you see is this or this. three major airports in the united states, in collaboration with delta, united, and american airlines, have installed so-

emily: you can watch david rubenstein's full conversation with alphabet executive chairman 8:00 p.m.bloomberg television. more of "bloomberg tech" next. ♪ emily: china web giant tencent reported earnings. profit missed, but revenue beat, and that is due to smartphone games, performance-based ads, plus payments and cloud services. peter alstom covers the company for bloomberg news and joins me now from our tokyo bureau. tencent has tried to transform the biggest revenue streams in its business here. how well is that going? >> well, it's a pretty interesting quarter. the company boosted revenues more than 50%. by almost any standard that would be considered strong growth. at the same time it is investing heavily in these new ventures, and that's the reason you saw net income rise a few notches more slowly than that. the company is the dominant player in messaging services through wechat and qq. it's now investing more aggressively into cloud services and new kinds of games and media content, into online payment systems too. it has a bunch of new initiatives it's trying to invest in and

colored balls being an earlier and simpler way of as harry rubenstein, head of the division of political history explains. >> the way it works the you put the ball in the little hole. different people come and do it. open it up. and -- you get your -- >> you know where the expression blackballed comes from. the ultimate, no vote. onto the paper ballot. this maryland ballot for 9. by the mid 100s, voters were given partisan ballots with candidate pictures such as this one featuring grant from 168. come the 1900s, states were using large ballots including all the candidates. so big they were called blanket ballots. at the same time in big cities. technology was taking over. though paper ballots can still be found in some today, and then there is the 2000 presidential election in florida. remember those hanging chads. so, which artifact from this year's campaign will rate a spot in a future experience. like the election itself, stay tuned. >>> today's election tore the nation apart and done a number on families. steve hartman found one shattered household on the road. >> reporter: the serra

obviously the rubenstein. for this particular facility, $12 million is quite spectacular. over the course of the history of the national parks, what has been the role of -- not just in this age but in earlier ages -- of private citizens and helping the mission of the national park service? >> philanthropy has been integral to the acquisition, development and operation of national parks. one would think initially about the rockefeller family making substantial donations of lands in grand teton national park, gray smokeys and another park where i had the opportunity to work, virgin islands national park, a substantial contribution of land there. but in addition to that, here in the nation's capital, the environment. i think of two major example. the frederick douglass home. located on a 14-acre estate was entirely donated by an organization founded by douglass' second wife. think about wolf trap farm park for the performing arts. the land and construction costs for lane center was donated in full. so there are many classic examples in which many of the parks that we enjoy to

. ♪ >> david rubenstein show, peer to peer conversations, is brought to you by state street global advisors over the years you bought many companies, like washington post. how did that come about? they had gone public in 1971, about the times -- time of the pentagon papers. they were challenging the licenses of two of the four television stations. to stock went from 37 down 16. -- it there were about $80,000, no debt to speak of. the washington post company, intrinsically worth $400 million or 50 -- $500 million, sold for $80 million. it was ridiculous. it was ridiculous. it was unquestionably worth five times what it was selling for, and mr. nixon was not going to put them out of business. david: when you do analogies, do you have computers that help you? in those days, how did you read about those or know about that today? mr. buffett: same way, but fewer opportunities now. and he cameodward up with all the presidents men. at 30 years of age he was getting quite wealthy. at the madison hotel and he said, what do i do with the money? i said, investing is about assigning yourself the right

. ♪ the david rubenstein show, peer-to-peer conversation, there is opportunity in complexity.id: in 2001, you became the ceo. on september 11, tragedy occurred not far from here. you were in salt lake at the time. what was your response and how did you handle that leadership challenge you had? kenneth: dallas, david an , incredible challenge at any point in someone's career. but particularly, in my first year as ceo. and one of the first things i was able to do when i was able to get the management team together, is i said to them that it is our job to lead this organization. and what was important through that whole ordeal, as you know, we had several employees who perished. that was emotionally traumatizing. the travel business was in disarray as a result of 9/11. spending dropped precipitously. i decided that, since we could not go back to our building, we were spread out in several different locations in the tri-state area. i got all of our employees in the tri-state area to come to an event at madison square garden. david: icy. -- i see. kenneth: i talked to them about wh

. >> david rubenstein has given millions of dollars recently to the national parks service, includingthelingen memorial, where we're standing today. what is the role of private benefactors as we go forwoord? >> private philanthropy has always been a part. big parts of grand teton and his family. large sections of the virgin islands. there's a long tradition of those who have done well in the merion economy and they want to give back. philanthropy can never replace to cover the basic national parks service, but it gives us a moment of excellence. a bright line of what we couldn't do. >> you've talked about the national parks service as being the nation's story teller. what do you mean by that? >> well, i think it's an inhempbt responsibility of the national parks service to remind americans of our responsibilities to each other. and to this nation. when you think about the places that we have a responsibility to not only protect, but interpret the statue of liberty, ebenezer baptist church, the washington monument, these are not only physical place, they are ideas and they're embedded