coming up, our exclusive interview with tom kennedy.e discuss why the company has stayed in the boston area for decades. this is bloomberg. ♪ caroline: welcome back to a special edition of "bloomberg technology" in boston. is a global leader in technology solutions. being a global technology with more than 64,000 employees, we asked ceo tom kennedy about the decision to remain headquartered in boston. >> numerous universities, m.i.t., harvard, boston university, university of massachusetts, tufts, a whole set of university that provide the technical skills required to work in the industry and help to develop the next generation systems and solutions that will be able to compete in a global marketplace. caroline: what are the next generation of system and solutions? >> the whole area of machine learning, artificial intelligence, and how you apply them to your product solutions is a whole new wave of capability we are looking at significantly and putting those products into our solutions that we provide customers. caroline: 3-d printing?

being a global technology with more than 64,000 employees, we asked ceo tom kennedy about the decisionremain headquartered in boston. tom: numerous universities, you have m.i.t., harvard, boston university, university of massachusetts, tufts, a whole set of universities that provide the technical skills required to work in the industry and help to develop the next generation systems and solutions that will be able to compete in a global marketplace. caroline: what are the next generation of system and solutions? what things are you seeing being built here? tom: the whole area of machine learning, artificial intelligence, and how you apply them to your product solutions is a whole new wave of capability we are looking at significantly and putting those type of products into our solutions that we provide customers. caroline: 3-d printing? tom: 3-d printing we call it , additive manufacturing, which opens a new door for companies relative to their supply chain. they build those products within their company or do they have them than outside? -- done outside? so it is a whole new dilemma i

we catch up with ceo tom kennedy next.s is bloomberg. ♪ caroline: now, back to our special coverage this week on bloomberg technology from boston. defense contractor raytheon is a global leader in technology driven solutions, providing systems for defense and nondefense needs. we caught up with their ceo tom kennedy while in boston, and asked him about his decision to remain in the city. >> numerous universities, you have m.i.t., harvard, boston university, university of massachusetts, tufts, a whole set of universities that provide folks with technical skills required to work in the industry and business but also help to develop the next generation systems and solutions that will be able to compete in a global marketplace. caroline: what are the next generation of system and solutions? what do you see being built here? >> the whole area of machine learning, artificial intelligence, and how you apply them to your product solutions is a whole new wave of capability we are looking at significantly and putting those type of p

caroline: that was tom kennedy. epicenter oft the withlitics based in boston 64,000 employees.er was a little bit better there. glimpse insidea that mammoth company, great interview. it's time for a stock of the hour and that's macy's, shares up more than 8%, the best performance of the year for that stock after earnings and abigail doolittle has more. abigail: they beat earnings by slightlyosts were up what they boosted the full year view for the top and bottom line. this goes to the question whether the ceo's turnaround planned is working. by a betters driven shopping experience for customers through specific products and personalization. the technicals may suggest the stock has hit an inflection point. chart and itg-term shows the stock is holding support breaking a down trend suggesting the stock could continue to climb higher. vonnie: there were some interesting moves in and out of the likes of other department stores. : is this for the department stores overall? macy's is doing specific things for the company and have launched the shops were they have higher end products

caroline: that was the ceo, tom kennedy.heng up, chairman of boston celtics joins us for an extended conversation. his take on this week's supreme court ruling on sports gambling. reminder that all episodes of bloomberg technology are now live streaming on twitter. this is bloomberg. ♪ caroline: welcome back to the best of bloomberg tooling. i'm caroline hyde. this week we are showcasing the innovation diversity and power of boston's economy. the u.s. supreme court struck down a federal rule that has barred single game gambling in most of the country, giving states leeway to legalized amply nonsporting events. the decision will have an impact on professional leagues n the u.s. , the e with steve co-owner of the boston celtics. let's get your take on this uling. >> my understanding is it is statewide. they have it all over the rest of the nations and the u.k.. soccer. i think it will play right as a state's right ruling. that is up to the state. i'm sure they will figure out the best way to handle it. caroline: we have heard

bobby eggbert and tom kennedy are two of the ride's organizers. >> we started off our first ride withnt to 16, and 24 and now to 160. >> by the time we converge, different chapters converge in washington, d.c. and ride into the memorial, about 25 to 2700 police officers on bicycles. >> reporter: we hang back and as we ride, there are salutes and shouts of support. >> every year this country loses upwards of 100 police officers in the line of duty. mothers and fathers and sisters and brothers and children out there that have an empty plate at the dinner table. >> reporter: these officers know that when this day's ride ends, somewhere, everywhere, there are fellow officers just beginning their tours of duty. around this time tomorrow, those officers will be pulling into that memorial in washington, d.c. our thoughts and prayers are with them on the road and with the families of the fallen. we'll be watching the rose garden for the president's announcement on drug prices. that announcement expected to happen in mere minutes. this is msnbc. >>> it is time for "your business" of the week.

bobby eggbert and tom kennedy are two of the ride's organiz s organizers. >> first ride was with sixt chapters converge in washington, d.c. and ride into the memorial. 2,500 police officers are on bicycles. >> as we ride, there are salutes and shouts of support. >> every year, this country loses upwards of 100 police officers in the line of duty. mothers and fathers, sisters, brothers and children out there that have an empty plate at the dinner table. >> these officers know when this day's ride ends, somewhere, everywhere, there are fellow officers just beginning their tours of duty. the police tour ends on saturday down in washington, d.c. by then, about 2,000 officers will have joined. last year, the group raised nearly $3 million to fund the national law enforcement memorial. going back to officer gorman, one of the woman he saved showed up at the academy. he nearly lost it. >> one of the founders said they're up to 160 riders this year. willing to bet it is more than double next year. what a great event. >> these are complicated times in which we live. a complicated time between

tom, thank you. let's turn to kathleen kennedy so you know, i think we had the best economic performance for middle class and actually for working people in the '90s, through the economic policies and that was a very productive time. i think that president obama worked very hard to develop a strong middle class and obviously i think the healthcare bill even though it wasn't popular really helps people because they can have healthcare even if they lose a job so i would disagree with the premise in a sense but that's understandable on my party. the question is, and i think there's going to be a lot of democratic candidates that i said earlier who reached out to these party, and we'll decide who is going to do the best job, it's not just a fraction of the party. >> guy which party has changed the most since 1968, you can follow. hubert humphrey accepting his party's nomination. >> the pay cut my fellow americans, this is not the first time that our nation has faced a challenge to its life and its purpose, and each time that we had to face these challenges, we have emerged with new greatness and with new str

and trying to sabotage. >> kennedy: i think he doesn't know what he's doing. >> trish: if he has to recuse himself such a big deal, should he really be in this position? >> tom: at some point you could say maybe he shouldn't. i don't think he's hit that point. the justice department has a lot of stuff other than the russia investigation. >> kennedy: we must move forward, there is so much show to get to. as a message for eating supreme court justices were thinking of retiring. do it now. why he is saying that and whether it's a fair point. as a cross the line. in the senate intelligence committee is expected to vote next week on gina haspel. the president's nominee to lead the cia followed by a full vote on the floor. whether she has enough support to be confirmed as another democrat saying she will not vote. all coming up. for your brain. with an ingredient originally found in jellyfish, prevagen is the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. >> trish: next week, the senate intel committee is expected to vote on trump's to head the cia up ahead of a full vote on the floor and a republican senator

tom fitton. good night from new york. kennedy: a huge diplomatic win for the trump administration. those are the three american hostages held in north korea. they landed in alaska and they just took off for joint base andrews. we are told they are all safely inside. president trump is going to meet them very early in the morning. he'll be on the runway in about 8 hours to welcome them home. but will thet

tom fitton. good night from new york. kennedy: a huge diplomatic win for the trump administration. those are the three american hostages held in north korea. they landed in alaska and they just took off for joint base andrews. we are told they are all safely inside. president trump is going to meet them very early in the morning. he'll be on the runway in about 8 hours to welcome them home. but will the left give him any credit for this victory? mike pompeo is in pyongyang to negotiate their release. we are told they are healthy after doing time in a work camp. the "new york times" was asking why he was awol while he was in the sky for the rescue mission. and chuck schumer warned against using hostages as bargaining chips. this afternoon the president echoed that. >> this is something nobody thought was going to happen for years or more. and i really believe it's going to be a great thing for north korea, and south korea and japan. kennedy: the president went on to say he'll announce the location of the nuclear talks in three days. but our own maria bartiromo interviewed leon panet

tom, thank you. let's turn to kathleen kennedy so you know, i think we had the best economic performance for middle class and actually for working people in the '90s, through the economic policies and that was a very productive time. i think that president obama worked very hard to develop a strong middle class and obviously i think the healthcare bill even though it wasn't popular really helps people because they can have healthcare even if they lose a job so i would disagree with the premise in a sense but that's understandable on my party. the question is, and i think there's going to be a lot of democratic candidates that i said earlier who reached out to these party, and we'll decide who is going to do the best job, it's not just a fraction of the party. >> guy which party has changed the most since 1968, you can follow. hubert humphrey accepting his party's nomination. >> the pay cut my fellow americans, this is not the first time that our nation has faced a challenge to its life and its purpose, and each time that we had to face these challenges, we have emerged with new greatness and with new str

tom, thank you. let's turn to kathleen kennedy townsend. >> well, i would respectively disagree. think that president clinton did a very good job in lifting up the middle class. i think we had the best economic performance for middle class and actually for working people in the '90s through the economic policies. that was a very productive time. i think that president obama worked very hard to develop a strong middle class and obviously i think the healthcare bill, although it wasn't popular, really helps people because they know they can have healthcare even if they lose a job. so i would disagree with the premise in a sense, but that's -- that's my understanding on my part. it is -- the question is -- and i think there are going to be a lot of democratic candidates as i said earlier who i think will reach out to different aspects of the democratic party and you will be able to decide who is going to do the best job of appealing, i hope, to all of us and it's not just a faction of the party. >> again, our question which party has changed the most since 1968, you can follow us @c

kennedy: and i hate to leak this but we are up against a hard break. tom so much for being here. wonderful wheel as well. coming up, remember all those republicans who promised repeal and replace? obamacare and then, you know, they didn't? democrats now campaigning on the controversial healthcare bill, is that really a winning strategy? peter sudeman joins me with his expertise, next. mom? dad? hi! i had a very minor fender bender tonight in an unreasonably narrow fast food drive thru lane. but what a powerful life lesson. and don't worry i have everything handled. i already spoke to our allstate agent, and i know that we have accident forgiveness. which is so smart on your guy's part. like fact that they'll just... forgive you... four weeks without the car. okay, yup. good night. with accident forgiveness your rates won't go up just because of an accident. switching to allstate is worth it. feel the clawith powerful non-drowsy 24-hour relief from symptoms triggered by over 200 different allergens. like those from buddy. because stuffed animals are clearly

kennedy: and i hate to leak this but we are up against a hard break. tomd jimmy, thank you all so much for being here. wonderful wheel as well. coming up, remember all those republicans who promised repeal and replace? obamacare and then, you know, they didn't? democrats now campaigning on the controversial healthcare bill, is that really a winning strategy? peter sudeman joins me with his expertise, next. i'm just worried about the house and taking care of the boys. zach! talk to me. it's for the house. i got a job. it's okay. dad took care of us. it was here. i couldn't catch my breath. it was the last song of the night. it felt like my heart was skipping beats. i went to the er. they said i had afib. afib? what's afib? i knew that meant i was at a greater risk of stroke. i needed answers. once i got the facts, my doctor and i chose xarelto®. xarelto®. to help keep me protected from a stroke. once-daily xarelto®, a latest-generation blood thinner significantly lowers the risk of stroke in people with afib not caused by a heart valve problem. in a clinica

kennedy proclaimed police officers memorial day in 1962. it also marks the beginning of police officer week. >>> tom wolfe has died. he wrote electric kool-aid acid test. he died in a new york hospital yesterday at the age of 88 and he is survived by his wife and two children. >>> large companies working to win back consumer trust. were going to sit down with an expert to talk about facebook, wells fargo, all changing their corporate culture. how the internet age is changing consumerism on the 4 on 2. >>> the dow was down by almost one full %. some retailers got a boost from a solid increase in sales. >>> san francisco city officials are doing something different. they are asking runners and spectators to sign up for emergency text alerts so they can receive information about the event. about 40,000 people are expected to take part in the foot race set for next sunday at 8:00 in the morning. >> will the weather holds? -- holds? it all seems to be a good party and it's been going on for decades. we will see you back here for new desk more news coming up on the 4 on 2. there -- dr. oz: today -- sloppy surgery mistake

kennedy took place in 1968, which was a year that changed america forever. cnn's new two-night original series event, "1968" explores the icons and the milestones of that pivotal year. here is cnn's tomage over racially charged deaths, violent clashes between police and the african-american community. >> all black men don't have to die! >> reporter: and demands for fair, equal treatment, all part of a struggle for social justice now. but that modern movement owes much to the 1960s when a great many similar scenes unfolded. throughout that decade, friction had been building over integration, voter rights and disparities in education, work and housing opportunities. >> freedom comes to us either by ballots or by bullets. >> reporter: the slaying of malcolm x, the black panthers and a rising sense of iet saw the landmark book "soul on ice" appear. they raised their fist against racial inequality and it all came to a head -- >> of the freedom of assembly. somewhere i read of the freedom of speech. somewhere i read that the greatness of america is the right to protest for rights. >> reporter: when the assassination of martin luther king jr. in memphis triggered an outpouring of grief. >>

tom: public policy as well. we continue with chris grisanti this morning. looking at oil, $80. in boston, boston technology, caroline hyde, holding court in boston. we will explain to her why sam kennedy'saft games. 5:00 p.m. tonight. this is bloomberg. ♪ ♪ >> this is "bloomberg surveillance," let's get the bloomberg business flash. a judge has granted cvs a 24 hour reprieve. the judge has temporarily fromed redstone interfering with the defensive measure to ward off the measure and the merger with by,. -- viacom. ford resumes building the f1 50 pickup. supplier, stop production. they're trying to make up for it. that is your bloomberg business flash. francine: thank you so much. oil rising $80 a barrel in london for the first time since 2014 as u.s. crude inventories fell traders bracing for the impact on iran. kennedy, thank you for coming on. $80 on brent. we have not seen this since november of 2014. does it have an impact on the amount of oil consumed? ia saidis what the yesterday. prices at these levels will start to have impact on supply this year. they downgraded a bit, how much prices will grow this year. they were warning producers these ranges, you will see supply and demand,