sheryl sandberg: that has happened almost nowhere.ly: i read an article that told me i could not have it all. and i cried. honestly, i cried. i cried for a couple weeks. and i reached out to you, and you said no, this is not happening. you are going to do this. and that is honestly part of the reason i am still here. can women have it all? sheryl sandberg: richard, do you ever get asked if you can have it all? how do you have it all? do you ever get asked that? richard branson: no i suspect i do not spend nearly as much time with my kids as my wife. so, when my kids were young, i was out at the office -- i moved out of the office. i worked at home. i would be taking care of them whilst we were having meetings. i allowed the time to work from home. and i therefore think company should give men that flexibility to work at home. emily: yahoo! just ended their work from home policy. are they on the wrong side of history? richard branson: i think it was a mistake. i have said so. she had a problem with the company. emily: marissa mayer, th

emily: my exclusive interview with sheryl sandberg and richard branson. catch the full interview in our special tonight, "balancing act," a conversation on work family and life and whether we can really have it all, tonight 8:30 eastern. you can stream it as well. we'll be right back. ♪ emily: work, family, life, we perform a balancing act every day. how do we face that? i sit down with sheryl sandberg author of "lean in," a bobbing that sparked worldwide debate, and virgin founder richard branson. we talk about how men and women can take on these challenges together. thank you both for being here. i truly believe this conversation is so important and critical to the future of not just women, but men, women, and children, and creating a better future. i'm glad to be part of it. sheryl: we are too. ri

tomorrow night, our sitdown with sheryl sandberg and richard branson.loomberg west" after this. ♪ cory: this is "bloomberg west" where we focus on the future of business. i'm cory johnson. u.s. drone strikes killing an american and italian held hostage by al qaeda. president obama says he takes full responsibility. president obama: i directed the existence of this operation be disclosed publicly. i did so because the families deserve to know the truth. and i did so because even if certain aspects of our national security efforts have to remain secret in order to succeed, the united states is a democracy committed to openness in good times and in bad. cory: two americans linked to the terrorist group were also killed. senate leaders are preparing legislation that would extend the government authority to collect telephone data. it would continue the surveillance authority through the end of 2020, otherwise, set to expire june 1. meanwhile, the house has passed a second cyber security built -- bill urging companies to share information with the government.

cory: that was sheryl sandberg and richard branson and emily chang.e right back ♪ cory: i'm cory johnson, this is the "best of bloomberg west." two years ago tesla upon success was not there. things were so bad, the ceo elon musk even had a secret deal in place to sell tesla to google through his friend larry page. as he struggled to keep the company, we now know elon musk told investors a very different story. this fascinating story is part of a new book, it is due out in may, it is written by ashlee vance. >> great reviews, motor trend of the -- car of the year. we had early adopters who came in about the car. word-of-mouth was not great. it had glitches, the windshield wipers, things like that. people are getting a hard time. customers were in line and they bought a spot in line. cory: i want to go through that timeline. the timeline tells the story. first thing that happened was there was a sale middle of the year, november it one motor trend car of the year. the sales were not happening. it was a fully refundable deposit. the complaints happened.

emily chang sat down exclusively with sheryl sandberg along with richard branson. sexism. >> the trial capture the fascination of the country. highlighting this issue of gender discrimination in silicon valley. the jury found in favor of kleiner perkins. what did you see in that trial? >> what was so interesting about the trial, so many women, not just in technology but across industries, saw their own experiences. you saw women posting. >> did you see yourself? >> sure i wrote a whole book about expenses. we have systematic stereotypes of women. and systematic biases of women that, for men, like -- like ability and success is correlated. for women, success and likability are negatively correlated. she is less liked. >> a lot of things that ellen pao let -- powell alleged were small things like taking notes. she wasn't invited to an all-male dinner. a lot of these things are incremental small things that don't seem like a big deal, but taken together maybe they are. how do you prevent those kinds -- >> one interesting thing that came out of the dinner we had is how

sheryl sandberg says companies have to be convinced it is a worthwhile goal.dberg spoke to emily chang in an exclusive interview. >> i think what will really motivate business and companies and organizations to take diversity seriously is when they realize not taking diversity seriously is harming their performance. mark: for more of emily chang's exclusive interview with sheryl sandberg and richard branson tune in tonight for a special balancing act, the conversation on work, family, and life and whether you can have it all. that airs tonight at 8:30 new york time on bloomberg television. let's get to other top stories we are following on this friday. mylan went forward with a hostile bid for fellow drugmaker perigo taking the offer directly to shareholders rather than accepting a separate takeover proposal. it argues it is not as high as it seems because mylan stock has been inflated by teva's takeover offer offering to buy it for $40 billion this week. hsbc says it may move its headquarters out of the u.k. the reason, rising tax and regulatory costs. hsbc c

. >> my exclusive interview with sheryl sandberg and richard branson.ch the full interview in our special tonight, "balancing act," a conversation on work family and life and whether we can really have it all, tonight 8:30 eastern. you can stream it as well. we'll be right back. ♪ >> this is bloomberg west where we focus on innovation technology and the future of business. let's get a check on bloomberg top headlines. the white house is reviewing its rules on drone strikes after the president acknowledged yesterday that the two hostages accidentally killed in a strike against al-qaeda. still, some congressmen say it's not enough. they want a review into u.s. intelligence procedures and whether drone strikes should be used at all. a major terrorist sting in italy. 18 people arrested all suspected of having links to al-qaeda. two even had reported links to bin laden. they were plotting against possibly the vatican. some of the suspects are connected to a 2009 bombing in pakistan that killed more than 100 people. second biggest bank lost about $2 billion i

that is the message from facebook's sheryl sandberg. with richard branson from with richard branson from virgin and emily chang about their companies and balancing work and family. >> one the reasons i'm honored to be here with richard, he will say this is government company. we do not have diversity at facebook. we do not have enough diversity in any company. the reason we wanted, because we think we will build a better product and company. we can motivate companies and organizations to really take diversity seriously. when they realize that not taking it seriously, it is harming performance. emily: this capture the fascination of the company -- highlighting the issue of gender discrimination in silicon valley. what did you see in that row? >> so many women, not just in technology but across the industry, saw their own experience. you saw women saying i would a whole book about the experience. what is happening we have systematic stereotypes of women. and systematic biases of women. for men, likability and success are correlated. for w

i sit down with sheryl sandberg author of a book that sparked worldwide debate.hard branson. we talked about how women and men can take on the challenges together. thank you for being here. i truly leave that this conversation is important and critical to the future of not just women, but men, women, and children in creating a better future. i'm glad to be a part of it. sheryl:

i sit down with sheryl sandberg, author of "lean in," a book that sparked worldwide debate, and virginnson. we talked about how men and women can take on these challenges together. thank you both for being here. i truly believe this conversation is so important and critical to the future of not just women, but men, women, and children, and creating a better future. i'm glad to be part of it. sheryl: we are too. richard: yeah.

she's -- facebook's sheryl sandberg and virgins richard branson sat down to talk about their companies work-life balance. they also spoke about diversity in the corporate world. emily: one of the reasons i'm honored to be here is richard will say, this is good for my company. we don't have enough diversity at facebook. we don't have enough adversity in any company. we think diversity will build a better product and a more successful company. i think what will really motivate businesses and organizations to take diversity seriously is when they realize that not taking diversity seriously is hurting their performance. emily: the perkins trial captured the fascination of the country highlighting this issue of gender discrimination in silicon valley. the jury found in favor of kleiner perkins. what did you see in that trial? sheryl: so many women across industries saw their own experiences. you saw women posting. i wrote a whole book about it. what is happening is, we have systematics are meager types of women. and systematic biases of women. for men likability and success is correlated. f

emily chang sits down with sheryl sandberg and richard branson for an exclusive conversation on theirnies and how to balance work and family. excerpts throughout the day. watch the entire interview tomorrow night at 8:30 new york time. only on bloomberg tv. we turn our focus to the laboratory corporation of america, the biggest diagnostic company in the and i did dates will soon allow consumers to bypass their doctors and order cholesterol readings, that right tests and other blood work online. cynthia kunz joins me in studio. thank you for your time. it is called direct to consumer. how does this work? >> if you are interested in checking up on your health, outside of what the traditional schedule for testing, you will go online order the test and get the results your self. you would be free to interpret them on your own. this type of business allows you the freedom depending on what lab corp. ultimately allows you to offer to check up on your health more often. mark: when we call this a changeup in the way the doctor-patient relationship works? >> they are definitely coming along. t

sheryl sandberg says facebook and instagram control one out of every five minutes the user spends on mobile. guest: it is staggering how investors can spend those progress -- comments. it probably will go higher. that talks about some of the things cory said about that mothership and how profound the platform is. they really just our milking a brand that isn't that exciting. they are doing great just with facebook. that is the real takeaway, they have a continued interest in what is going on facebook, yet they have more relevant ads that have higher pricing driving results. the whole exciting part is imagine what happens when some of his other stuff actually starts to kick in. cory: and what happens when the rmb kicks in -- r and d case in? 30% of their revenues are devoted to rmb -- r&d. they are spending more, $200,000 a day, on this research effort. it is a huge one. emily: thank you both. her nsa had general keep alexander -- general keep alexander. ♪ emily: welcome back to "bloomberg west.,", i'm emily. an in-depth discussion on cyber stretch -- cyber threats. i sit down with a

my partner emily chang's exclusive interview and -- with richard branson and sheryl sandberg.ding a balance between a professional and personal life. it is at a: 30 eastern p.m. on friday night -- a: 30 eastern p.m. on friday. ♪ cory: this is "bloomberg west." we focus on white everything going on in microsoft -- a check of top headlines. an emergency meeting summit on the smuggling of migrants. more than 700 migrants drowned when their ship capsized. a draft proposal that they are planning to increase spending on border control. they will seek and identify ships before they are used. southwest airlines fine height in the first quarter, revenue up 6% and profit nearly tripled. strong passenger demands and smaller fuel costs. here is ceo >> -- no one knows where oil prices will take from here. there is certainly a lot of effort underway to cut back on supply cut back on drilling and push oil prices up, so we will need to be sure that we protect against that. cory: southwest also launched a number of new reps of this court, including service to the caribbean and central america.

. >> taking negotiating off the table is the opposite of a central theme of sheryl sandberg's book lean encourages women to ask for what they deserve. >> it's every woman feeling fully empowered and having the tools to dream any dream. >> hebrebecca jarvis abc news. >>> social media seems to like ted cruz's message more than republican rand paul. 2.2 million viewers interacted with the presidential bid announcement in the the 24 hours after the message was posted. compare that with 850,000 plus users who interacted with rand paul's announcement yesterday. >>> hillary clinton is dipping into silicon valley for help with her possible presidential run. she hired long time goobl executive stefani to oversee technology development and build new ways for clinton to engage with voters. hahn nonhas worked for two decades and would be the first woman to hold the title of chief technology officer on a major presidential campaign. clinton is widely expected to announce her campaign by the end of the month. ikea is reinventing a key product for those wants more sustainable food options. they will g

be sure to tune in friday for my exclusive interview with the facebook coo, sheryl sandberg, and richard branson. ♪ emily: welcome back. still to come, and in-depth discussion. i sit down with the former nsa director and retired four-star general keep house and her. first, banks received access to mormon agency funding. the council raised the cap according to people familiar with the decision. in the meantime, the our area finance investors will meet in latvia friday to persuade greece to commit to academic reform. outlining his turnaround plan, which includes launching a mobile app, dozing 350 restaurants, and remaking its marketing strategy. >> as a model company a customer experience, progressive is about doing what it takes to be the mcdonald's our customers expect tomorrow. >> 833% drop in first-quarter profit and 1110 drop in first-quarter sales. sales in the u.s. have dropped six straight quarters. boeing says deferred production costs are rising for its dreamliner. the costs rose 30% in the first quarter to nearly 27 they dollars or their a maker also posted negative cash flow an

. >> reporter: while facebook's ceo sheryl sandberg advocates for people to lean in and to be more inclusiveaid all of silicon valley needs to do better. it has a reputation for being a boys club. facebook reported 59% of its overall workforce is male in line with google apple and twitter, all reporting a 70% male workforce. yahoo! 62% male. at facebook women comprise 23% of senior ranks, better than the average. there are 11% of executives at silicon valley's top 150 companies, that's 5 percentage points less than the average at the s&p 500, according to a report by fenwick and west. >> there is a vicious cycle that needs to be broken and it is not -- it is something that will require really conscious, active thoughts by current decisionmakers and leaders. >> reporter: these companies are a key training ground for entrepreneurs and venture capital investors. so industry watchers say improving the numbers of the tech giants is key to driving equality across the whole industry. in silicon valley is rising to the challenge. intel is addressing the lack of female engineers with a $300 million d

brian: sheryl sandberg. charlie: that is obvious.hat is it about that you wouldn't want us to know about you, brian grazer? brian: oh, god, charlie. charlie: what is it that makes you a little bit crazy to get close to? brian: very neurotic. charlie: we know that. brian: geez. that's too general. way too general. charlie: is it women, is it -- brian: i can't figure out women but most men cannot figure out women. [laughter] charlie: tell me what it is that makes you, i cannot go there? brian: i do not know. charlie: do you think your life is an open book? brian: it is pretty open. i did not write the book for a while, by writing a book it looks like you have soft -- solved everything about life and you have all of the answers and i definitely do not have all of the answers. friends of my know that. i have so many foilbles. the world is going so technology is driving the world so badly -- rapidly that i would just say in three years what will i want to do? right now, storytelling has existed for thousands of years and that is what i am

. ♪ betty: last week, emily chang sat down with sheryl sandberg who said that corporate america is notay. cheryl: i think when they realize not taking diversity seriously is harming their performance is when things will change. betty: private equity is one area where women are sorely underrepresented. they comprise about 11% of senior managers in private equity. madeleine joins us now with more. the thing about blackstone, steve schwarzman as i mentioned, has just put in place his new maternity leave policy, extending it from 12 weeks to 16 weeks for his female employees. that is one step in the right direction, but private equity is terribly behind other sectors in terms of employee high-level women. matalin: we have seen private equity only has about 10% on average which is considerably below. and private equity firms primarily recruit from banks. there is something happening at the recruitment level where there are not enough women actually applying stop betty: there is a dearth of talent that they find. matta line: --madeiline: not necessarily a dearth but there are two different t

emily chang said down with the facebook coo sheridan -- sheryl sandberg and richard branson for an exclusiveonversation on how they balance work and family. a fascinating conversation 30 will see that tomorrow. ♪ betty: you are watching "in the loop." it took authorities five years to track down this loan british trader allegedly involved in a 2010 flash crash all involved with an outside whistleblower. it raises new concerns about how a single person can bring the world's the u.s. market to their knees and managed to slip past the eyes of regulators to enjoy me now is a goldman sachs banker turned lawmaker, a longtime advocate of stricter financial oversight. he just put together a bill to ban insider trading. democrat from connecticut joining me. thank you so much for being back on our program. i am curious given your background and special knowledge of the market and how they work, when you heard about what he did from his home in london to the markets, what did you think? >> there if he does things that are shocking about it. one guy sitting in the suburbs of london could do this or sign

and sheryl sandberg said many women see themselves -- a gender bias case against venture capital firmthought it was so interesting about the trial is that so many women, not just in technology, see their own experiences there. samberg said this in an interview. and a 4th street weekly advance. it will be tight junk credit rating -- credit rating. a stable outlook by standard and poor's. last year he gave the country its first sovereign downgrade in more than a decade. facebook gadget lovers may be excited about the debut of apple watch. swiss watchmakers, not so much. swatch coinventors says apple iwatch could -- the apple watch could hurt their industry with the lower end brand hit hardest. apple may suit -- apple soon may sell as many timepieces as all of switzerland. joining me now is founder and executive editor of the luxury watch site. he has an apple watch on his wrist. right now i can touch it. what do you think about it? >> it is the first six hours of ownership and this farm work obligated but more powerful than i would have imagined. i thought it would be a peripheral for t

and other top story we are watching this afternoon, sheryl sandberg sounding off -- sounding optimisticin the first quarter. she sat down for an interview with emily chang and talked about facebook's shift to mobile. samberg: we are excited about the opportunities in front of us. facebook is well positioned to take advantage. americans are spending 25% on their phones. facebook and instagram get 20% of that time. we have a great ad product in the markets. it integrates in news feed. with four mites -- with formats like video, that is a pretty exciting ad format. marketers love the ability to tell their story. emily: what is good about video in terms of attracting ad dollars? sandberg: it has been important for big brands to tell their story in an emotional way. what's exciting about facebook is we let smaller companies do it too because it is cheap and affordable. we have one million small businesses who have uploaded a video to facebook. that's an expensive proposition but uploading a video add to facebook is something you can do. we have 2 million advertisers all over the world. alix:

emily chang will sit down with carl sandburg of -- with sheryl sandberg and richard branson.whole thing and 8:30 p.m. eastern on bloomberg television. stephanie: coming up, it is one of you new york -- of new york's most well-known museums, and pretty soon, the newest in my hood. the new $400 million whitney. ♪ erik: this is market makers. i am erik schatzker with stephanie ruhle. this would bring you -- this would be a good time to bring you up to speed on top stories. a court in spain has refused the u.s.' request -- shares of general motors are following today. gm's strong sales of light trucks were offset by continuing trouble with the company in russia and brazil. most of that is economic. first quarter profits almost tripled. they did, however, miss analyst estimates. the senate plans to vote today on whether loretto lynch will become the next attorney general. thank goodness this is family -- on whether loretto lynch will become the next attorney general. republicans insisted that other bill first be completed. if confirmed, she would be the first black female to becom

olivia: sheryl sandberg would tell me to go negotiate for more money.i think we can ask women to do more and they are stepping up. we should not allow these dynamics to persist. i think there are legal and institutional things we can do to make it easier for women and men who want to be better parents and played more of a role in family. olivia: today is officially equal payday. guest: it's interesting. i share this argument all the time that women should lean in more and if we make less it's our own fault. i know few women who are as aggressive as manic. i think the only way we will get to equal pay is why starting to understand the institutional dynamics that lead to it. olivia: you agree with alan powell that it's held against women when they asked for more money? guest: i think the research backs it up. tom: thank you so much. let me do a foreign exchange report. we heard about german yields earlier. excuse me. this shows a lack of tension. you can see it in the euro and the yen. this is a stronger swiss franc. it is really underscoring the dysfunct

sheryl sandberg pointed out -- forget about the dollar. most important thing is that we are boosting the underlying business. it is a problem in terms of dollar strength but they are still looking pretty stellar when you go through the numbers. in terms of getting a really international presence. let's look at what is happening to ebay. despite the dollar strength, it was hit. sales and profit grew and beat analyst estimates. this is an online marketplace and we saw shares trade up. they are slashing their costs to protect their margin and profitability. 2400 job cuts of their first quarter alone. a smooth separation, though, is what they are promising from paypal stop that will occur in the third quarter. investors have been pushing them to get rid of the payment business. the worrying thing is that paypal is bringing in more revenue than ebay. what does that mean when you separate the two? where is the value left in ebay overall? why is it losing out to amazon? why is it lacking in pace? those are the questions but for now, everyone like

others say sheryl sandberg would be a good pick.rsey of twitter and jeff bazos of amazon. >>> now, prologis has struck a deal to buy ktr capital, a real estate private equity firm for $5.9 billion. prologis has 600 million square feet of industrial property in 21 countries. ktr has about 60 million square feet of space in the u.s., primarily in southern california, florida and chicago. take a look at shares and how they are trading today. prologis in frankfurt up just about 1%. >>> now, it's been more than a year since comcast, a parent of cnbc announced plans to merge with time warner cable. now the companies set to meet in washington with a face-to-face meeting with regulators. >> sources familiar with the situation tell cnbc that comcast and time warner cable will meet with the justice department to discuss their $45 billion rernlinger. the deal was announced more than a year ago. it would give the combined company control about 1/3 of the markets in u.s. it is still concerned that there would be an unfair advantage over televisi

negotiating off the table seems to be the opposite of one of the central themes in facebook coo sheryl sandberg'sorkplace. >> success is every single woman out there feeling fully empowered and having the tools to dream any dream and know she can make it come true. >> reporter: for "good morning america," rebecca jarvis abc news phoenix. >> let's talk about this now. we have barbara corcoran from "shark tank," also our workplace contributor tory johnson, ceo of women for hire and, barbara, we know the statistic. women working full time earn about 77% of what men earn. will this actually help level the playing field. >> of course it will. it's a beginning of a conversation and a bold move. just think about it. if you're a man or woman and walk into a new workplace and you know tt every single person there is being paid exactly what you're paid for doing the same job. it's not only good for men and women it's great for business. that's a great place to work and i think that's exactly what's going to happen with this woman's firm. >> what's your take gentleman. >> i don't agree with that. first i wo

sheryl sandberg's book "lean in."n the workplace. >> success is every woman out there feeling empowered and having the tools to dream any dream and know she can make it come true. >> reporter: rebecca jarvis, abc news, phoenix. >> the info is interesting that it can have a negative impact. >> i believe that. a woman negotiating versus you negotiating. >> that's a shame. >> that's why i will always have you negotiate my salary for me. >> don't do that. >> you are right. probably not a good idea. >> because i got a bad deal for myself. >>> coming up, "throwback thursday" a trip down memory lane with one of the best-selling music groups of all time. fleetwood mac and rumors of sex, drugs and rock 'n' roll on this "world news now." >> announcer: "world news now" continues after this from our >>> on this thursday, let's throw it back now. 40 years ago this week, 1977 and the album rumors by fleetwood mac hit the top of the charts. >> it has become one of the biggest selling albums of all time. let's head back in time to th

i think sheryl sandberg and mark zuckerberg the way they're doing facebook, a platform upon which tos, that's really cool. i think we're seeing innovation all over the place. i ran into tony friday dell yesterday, you know, he was the person who helped design the ipod. but now he's creating an internet of things where my thermostat and my garage door and my whatever it may be are all connected and i can, you know, sort of help my life become better through connecting things. so there's just enormous innovation. one interesting question is everybody i've mentioned, you know is in the u.s. why is it we're a more innovative society? i think because we allow people to question authority. there was a discussion about code pink earlier. i didn't like -- i mean, i was appalled and horrified and didn't like what the code pink people did to henry kissinger. but you know what? we live in a country where that happens. in china in other places there isn't as much questioning of authority, so you don't get as much innovation. >> host: tweet, as head of the aspen institute, who is the most fascina