we're here to talk about the 36 warren loop. essentially this move cuts off our neighborhood completely from muni. my son son depends on it to go to school. we spent months sending him to school to he can use muni. he's in high cool and -- he's in high school now and i don't want him wondering around. that hill is so steep, i decided my program would walk up and down the hill. i'm a physician and i was frightened to do this, i got a heart monitor to make sure i didn't get hurt. many of those here are elderly and don't have the options that i have forgetting around and what is the public purpose in getting rid of that one loop. the document online spoke on making remaining service less is a queue does. i would urge you to consider whether that's an overwhelm public need as opposed entirely cutting off a vital neighborhood from the city. thank you. >> thank you, sir. next speaker, please. >> kevin and jennifer. howard. >> good morning, sir. >> good morning, my name is kevin. i live on warren drive. right next to [inaudible] who sp

loop." we have a great lineup of guests next week. we have a soccer player, and a billionaire who is renting space from warren buffett. ate will discuss his stores. stay "in the loop." ♪ >> it is 56 minutes past the our enemies bloomberg television is on the markets. im scarlet fu. about half an hour to the u.s. starting trading day, this is what is happening. , we got theutes ago jobs report for the month of february, and it with a good one if you're looking at the increase of job growth for february. a positive or version for the month of january. what investors and were really focused on was an hourly earnings. it is one of the biggest constraint on the economy. the s&p 500 trading at a record high. all it needs to do is do better than yesterday's close. by the way, it is almost five years ago today that the s&p 500 bottomed out in a bull market began. it closed out on march 9, 2009 at 676.53. as for safe havens, you are seeing a safe haven in the japanese yen. it is coming back a little bit. he 10-year yield is also higher, reflecting treasuries. the yield out 2.79% was up for the jobs him out, it was 2.72 %. gold

even at a time period when it was going up warren drive when it was originally proposed waste in gas. the loop that they're proposing to take out would make the 36 go back on its self down a hill where there are no resident on that portion of clandon and keeping it on a street that serves knolls but serves the mount woods community and the university up at the top of the hill and to a certain extent some of the twin peaks. >> thank you. >> next speaker. >> good afternoon speaker: good afternoon. my name is bender and i'm here to say that i fully support the alternative version of the 35 having it run down miguel. i ride the 35, i live at diamond and 27th and i ride the 35 from there to currently be mossett where i would walk to bart. the other option is for me to walk seven blocks down or maybe it's less to catch the 28. i'm 13, i don't know if i want to be hanging out on bart on my own. i just want it say i fully support the extension and i did this the other day where i got off on moffette and walked to the bart station at glen park. getting from my mom's house to my dad's house, my dad will

loop." ♪ >> millionaire warren buffett is off the hook thanks to the march madness upsets.d $1 billion to anyone -- a lot of those brackets were taking care of, and the final three perfect entries blew up friday night when memphis beat george washington. that is brad bender, who may have had the nation's best racket. he had picked the -- best bracket. his bracket got upset when dayton beat syracuse. enter buffett's billion dollar challenge. "and that is the closest i have ever not come to winning $1 billion." 56 minutes after the hour. we take a quick look at futures here, which are indicating we will see these markets open the week in the green. -- aboveread on average growth for the month. in about an hour we will get more economic data when u.s. manufacturing stats are released. we will be back on the markets for you in 30 minutes. coming up, as the senate begins to round up $1 billion in aid for ukraine, a political battle looks to be shaping up. we will take a look at why some are not too dinar handpainting -- too keen on handing over any money here. you are watching "

warren buffett. we also hear from eric schmidt. stay "in the loop." we are just getting started on this thursday. ♪ >> first. bloomberg. >> moving and shaking this morning is billionaire warren buffett. in his annual letter, the berkshire hathaway ceo praise the virtues of long-term investing by disclosing that he bought a piece of new york city property some years ago and found out he is the landlord to a string of retail shops in lower manhattan between a and eighth and 9th street near nyu. warren buffett invested $1 million in 1993. there is something else that we land. who was the family that helped to lead the purchase of the family -- project? a mall can family, the -- the malkin, the same family that operates the empire state building. groupew this nondescript of stores it be a meeting place for titans. talk to us about this investment is noah who covers berkshire hathaway for bloomberg news. i was talking to other property developers and they said there was nothing remarkable about the deal. do, buy and what we hold investments, and a payoff. >

still ahead, we will talk warren buffett with tom rizzo. stay in the loop hisriches man father's shop into the biggest clothing retail shop. we are joined by bloomberg billionaires managing editor matt miller. we may not know a lot about him up we know a lot about his brand. >> right. retailer thate has taken america and the world by storm. take on someg to of the world's biggest retailers. hmm, on every block in new york city, he has and istaken his brand trying to take it to america and buy up land and become a global retailer. we know he took his father's tailor shop and built it into fast retailing. everything in-between is constantly looking at the little details. if you going to the store, you can walk in front of a mirror .nd change the color everything is down to the finest detail. are wellmployees trained and spent a lot of time training and making the experience of going into a store really impressive and bring people back for a second or third time. in a very japanese management sent, informed and focused on attention to detail. the 41st richest

also, the details in a different rivalry, warren buffett edging out carlos slim in the billionaires ranking. you are watching "in the loopbloomberg television and streaming on your phone, tablet, and on bloomberg.com. ♪ >> we are about 30 minutes away from the opening bell. ."u are "in the loop i am betty liu. equity futures are showing little change. a new twist in the search for the missing of asian airlines plane. investigators looking into if the crew was involved in the disappearance. in china -- it has to do with graphite lines. graphite is used in batteries for tesla, the electric car. john malone is changing course -- liberty media is dropping its bid for sirius satellite radio. statedon, secretary of john kerry is meeting with his forian counterpart to press an end to the crimean conflict in the biggest dispute between the country since the iron curtain fell. ryan chilcote is inside of the russian ambassador's residence in london. crimea is holding the referendum sunday. what are the two sides looking to accomplish in this meeting before then? to break the impasse right now and try to find some kind of solution

loop." we will weigh in on everything from warren buffett tv to news about an ipo. ♪ it is 56 minutes past ther check, right after retail sales. >> better than expected. futures pointing to a higher open. s&p up by almost 4 points. dow futures gaining 30. retail sales gaining for the first time in three months. jobless claims fell unexpectedly. in terms of treasuries, we saw a bit of a reversal. prices are down now. yields are rising for the first time in four days. yields have been falling all this week. earlier this morning as well on concern about china's growing economy. overnight we got data from china that shows industrial output in a retail sales, fixed asset rose but it signaled a slowdown from what economists were looking for. taking a look at gold prices. gold is already lower before the 8:30 number and extended its loss a bit, trading lower. keep in mind, when you look at the longer term chart of gold, just to go but six months, it is still treading around its highest since early september. gold for the year 2014 is up 14%. one individual stock where watching this morning is general

loop." i am betty liu. we made it through another week. warren's second-biggest -- richest person behind bill gates. get no biggest banks love from investors and $70 billion vanishes. jim reynolds from loop capital is my guest post. kenneth and new and newy --john kanas york city comptroller scott stringer. investigations continue into the malaysian airlines jet disappearance. at this hour in london, secretary of state john kerry is meeting with his russian counterpart. europe are holding firm on the warnings of sanctions if it is not back down from annexing crimea.

legendary investor warren annual released its investor letter, giving the market insight into how he is thinking, and looking at returns. i'm joined by in the loopy liu, as well as our news expert. what's interesting to me is that berkshire hathaway stock not getting crushed as much. >> it was daddy, holding firm. i think investors are following the sentiment around berkshire hathaway and warren buffett after the letter was released. he was talking about asset allocation, being the single biggest defining factor into whether or not investors are going to be rewarded for holding berkshire hathaway shares. be doing aseems to pretty good job. you talked about some of his investments, like nevada energy. he also talked about heinz, and the partnership with dream -- three g capital, all ways to intelligently allocate that capital. >> it is a huge things that andeholders care about, he spent a lot of his letter talking about ways that berkshire hathaway can -- >> $30 billion, i want to hear about -- i hear he wants to give up $20 billion in cash. tonight, andeep write a lot of insurance contract that can result in big planes. he liked that cash discus