at siemens energy hub in charlotte, north carolina. >> i don't see or hear those big machines that icturing. >> yeah. today's manufacturing is pretty different. it's custom. it's quiet. and it's all based on computers. >> reporter: siemens ceo judith marks says that enables her company to be more efficient and competitive. but finding workers to build gas turbines was one of her biggest challenges. >> we actually moved the product line from canada here. and when we moved here, we needed about 800 employees. we were coming up a little short. >> reporter: she says only 15% of those who applied had the skills needed. to bridge the skills gap siemens started an apprentice program to develop the mechanical and technical abilities called middle skills. a gap so big an estimated 2 million jobs may go unfilled in the next decade. >> i've always had an interest in engineering, mechanical engineering. >> reporter: instead of going to a four-year college, chad robinson chose to be an apprentice. >> they pay for my tuition. they pay for my books. and then on top of it all i'm getting paid to sta

anna: a lot of change going on at siemens. planning for the future.et's tell you what is coming up. we will talk about the fed a little bit more. no change from the fed. we will digest all of what that means. this is bloomberg. ♪ >> 2:30 in tokyo. a glorious day over the emperor's palace. the dollar-yen on your screen. it has been rising six days in a row. we have not seen a run like this on the dollar since october 6, 2016. gdp,ed sees first-quarter and we trade that a little bit higher. : we will get an update on the markets right now. nejra: we have still got japan equity markets closed overall. no treasuries trading in japan. hong kong shares are dropping after the holiday. the shanghai composite, the third day of declines. investors are weighing government efforts to limit the government impact. this has made chinese shares among the world's for his performances this month. meanwhile, bond yields have risen to the highest levels since 2015. the shanghai composite is sagging below the 200 day moving average on this chart. this is u.s. stocks again

we'll have the ceo of siemens. >> oh, wow. >> 340,000 employees at that company.ere in the states. "squawk on the street" will be right back. e know how to cover t anything. even a coupe soup. [woman] so beautiful. [man] beautiful just like you. [woman] oh, why thank you. [burke] and we covered it, november sixth, two-thousand-nine. talk to farmers. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ i can't wait for her to have that college experience that i had. the classes, the friends, the independence. and since we planned for it, that student debt is the one experience, i'm glad she'll miss when you have the right financial advisor, life can be brilliant. ameriprise thereit comes to technology, about my small business so when i need someone that understands my unique needs. my dell small business advisor has gotten to know our business so well that is feels like he's a part of our team. with one phone call, he sets me up with tailored products and services. and when my advisor is focused on my tech, i can

if you're going to buy from us from siemens we have to deliver the product.etting to that point we are still having that bottleneck. we have 1600 training centers in the united states. we fund them at 1.2 billion dollars a year by the private sector. .. >> >> is day head scratcher to be a little bit and i try to read these every try to respond at the wall street journal or others who have a altered row of white people want to protect this shortage when there is an option for the option to be part of the solution is contractors and we don't have a relationship with or invest in training the other convention work force but the way the structure works going across the geographic area you're not making the $20,000 investment for upgrading the skills training now you have a better offer to spread the risk on the halls where read dispatch these people so i encouraged for the demand that she spoke to the justin time manufacturing will not work. you need to earn as you learn. just like manufacturing friends in the room you don't produce product unless there is a prod

at siemens just last year across the world. some of it we dealt with ourselves, put in rail spurs in our facility in charlotte, north carolina, for our gas and steam turbins and in iowa, where we build long wind blades and then we actually worked with the state of kansas to increase the road infrastructure in the off ramp to get our wind turbin sails on and off the rails. we absolutely want to build here. we want to manufacture here. we are a global company. we are absolutely local. to do that, we're willing to invest but we need a regulatory framework. we welcome infrastructure activity kind of across the country. we do believe it is local. i sincerely believe that. this is not one unique ubiquitous answer for the whole country, which is why we work with the mayors an the governors. we are going to continue to do that in every state. >> fantastic. >> george, maybe we could move to you. it is clear that d.c. water has been recognized around the world as one of the most innovative water facilities anywhere. i think it is a real

siemens, s&p, bhp billiton. novo the from a suitable stocks this morning are well bid. up next, it is bloomberg surveillance. francine lacqua, and joining tom keene. i'm going to join anna edwards on bloomberg dab digital radio. ♪ francine: the market season no fomc responded softening economic data without reducing expectations? iphone sales slump as consumers wait for the next big update. can apple deliver the blockbuster new features it needs to fend off rivals? brexit gets bloody. theresa may says that jean-claude juncker is finding out what a tough opponent she can be. o the gloves appear to be off.

and even to be morgues siemens more minutely. those are of the individual bauer -- borrower. who then to abandon that because all those different steps with the financial state of the economy and the nature of his job situation but we recognize that damages sought proximate cause of the fair housing act. been so for those reasons we suggest it shed be firmly in alignment with the 11th circuit. >> in to counsel. >>. >> mr. chief justice in gladstone the municipality would be injured with production of property values congress we codified that bristle with the fair housing act and the court should hold that is still recognizable today with a broad zone of interest of russia now so turning to the points that have already come up today my friend says you cannot cut and paste injury from one victim to another. that is an argument that gladstone's specifically rejected to say what matters offices of breath of the fair housing act so somebody had their the goal of rights violated by the discriminatory housing practices with that violation but it doesn't have to be the fair rights th

siemens has beat expectations in its second quarter thanks to an 18% ride in industrial profit. the german group saw strength in revenue and orders except in the healthcare business which it is considering to sell. adidas has scored larger than expected sales and profits during the first quarter. this thanks to strengthening growth in online trading and a boost to north american performance. anheuser bush inbev posting a 6% rise in core profit but missed expectations as weaker earnings in the u.s. and brazil weighed on the first quarter. look at the shares up by 4.1%. shell reported a sharp increase in quarterly net profit beating expectations. this due to stronger oil prices and better refining margins. airfrance-klm launched a net loss of 260 million euros this quarter but sounded a positive tone saying demand from asia and south america was recovering. infineon is called lower. i think it would be trang lower as the markets a now open despite benefiting from the auto sector demand for its cruise control chips. and alstom confirming financial targets for the near-term. also sa

>> in mammography we go against ge and siemens, roche, abbott.ut if you have superior products we believe smaller companies can still win. we've built into a pretty big company now based on those successes. >> and don't forget body sculpting. >> i don't think you two need it. >> it's artificially building a six pack? >> not artificially. it works well. we can basically put little belts around you. in about 30 minutes, wipe out about 20% of fat cells. >> 30 minutes to get a six pack. >> i'll do it if you'll do it. >> i can get there on my own. >> in the old days, it was liposuction, you had to go under -- >> or you eat healthy and do exercise. >> that works as well. >> which is a better route. >> totally is a better route, but human nature prevails. >> steven macmillen of hologic, thank you. >>> nissan's annual profit rose 21% as higher sales in china and europe offset the impact of a strong yen. they expect operating profit to drop this year as they see higher material costs weighing on results. >>> unicredit is leading shares of the italian bank

in this case, the number is more than 1,900 micro-siemens per centimeter. what does that mean?well, compared to our natural watersheds, they run around 150. >> reporter: in this mountain stream, the conductivity is similar to an urban waterway filled with road salt and other pollutants. the only possible source here: the chemicals unleashed when the mountaintops are destroyed. this is not a healthy stream? >> correct, not at all. >> reporter: it looks good. >> yeah, looks fine. >> reporter: but it's not. >> not at all. >> reporter: in the final days of the obama administration, the federal office of surface mining reclamation and enforcement published a new rule designed to protect streams like this. it would have prevented mining companies from impacting the hydrologic balance, forced them to monitor the water during mining, and mandated streams be restored to their natural state after the mining was over. >> we saw signs of every agency that had any responsibility over mining, proposed onerous rule after onerous rule, which really served to restrict, if not close down a numbe

novartis, hsbc, roche, buyer, nestle, siemens.e upside, the markets will bounce back off an initial drop after a software record. lloyd's up this morning by .2% on the day that it returns to full private ownership. matt. what let us talk about everyone is talking about in the u.s. right now, really globally. u.s. president donald trump asked fbi director james comey an investigation into former national security adviser michael flynn. that is according to a person who was given a copy of a memo comey wrote following his oval office conversation with the president. it introduces the possibility that the president may have obstructed justice, which is an impeachable offense. the white house has denied the version of the events that are described in comey's memo. the number of tweets containing "trump" "impeach" and has spiked overnight cure you can graph this using the bloomberg by typing nt . you can see what the graph looks like with the number of tweets jumping up over the last year. with us is the other lane -- is neil dwane

the white house says it is because of the way he handled the investigation into hillary clinton siemensary clinton's email server. planning a are secret health care debate that may take place this month. mitch mcconnell held a private meeting with republican senators who will shape their own version replacement.are they will probably increase protection for people with pre-existing conditions. members of the un security council want to know more about rush peace plan for syria. they have setup a safe zone in an attempt to end the war. moscow once the u.n. to endorse the plan. in china, producer price increases flows more last month. that's a chests that the stronger chinese industrial profits may be harder to sustain. that theuggests stronger chinese industrial profits may be harder to sustain. global news, 24 hours a day. powered by our more than 2600 journalists and analysts, in more than 120 countries. i'm taylor riggs. this is bloomberg. tom has been dying for this conversation to take place. star sales have risen. i don't know if you count as a tourist. but with the terrorism story

adidas, bmw, siemens had good earnings overall.in europe is somewhat similar to the story in the united states. we have improving data and improving earnings in europe and generally lower geopolitical risks in the elections. the big story here is that the banks are moving again. banks are now up 2% this week. consumer discretion on the flat side. industrials up a little bit. and there you see energy. that's the big problem. you heard carl talking about oil below 37. they have to cut the estimates for the big names here. the overall story, the u.s. is improving earnings. we have movement on taxes and health care and we have the productivity numbers that showed improvement. so the narrative is q2 is better. the market is in a hopeful mood. is there anything that can mess this whole narrative up? the stocks are all clear. there are three things right now. first is china where we are seeing slower spending. we are seeing some impact on commodities already. the second is north korea. it's the potential back swan out there and then the o