wolfgang: that changed.e people just eat at the desk and a lot of buildings have their own commissary. just like you have here in this building, i saw. i'm very excited for dinner. we are full every net. vonnie: thank you. good luck with everything. for more -- this is bloomberg ♪ ♪ david: it is 1:00 in washington. from bloomberg's world headquarters, i'm david gura. welcome to bloomberg markets, the focus on president trump's first 100 days in office. .ere are the top stories the president says he will do a major heritage -- haircut on dodd-frank. you made comments at a town hall meeting with top ceos this morning. we will have more from that meeting. health care is back on the table the house republicans hope to release a new bill to repeal and replace obamacare later today. will this version have a better chance of passing? and the president will meet with the president of china, xi jinping, saying they will solve the north korea problem alone if china does not get on board. we'll have more on that plan.

oliver: up next, wolfgang puck downsizes his restaurant in hollywood with a single table for 10.pioneers of indoor skydiving. this is "bloomberg businessweek." ♪ oliver: welcome back to "bloomberg businessweek." i am oliver renick. readyn also caps on the on serious xm channel 119. catch us on the radio on serious xm channel 119. in the etc. section, indoor skydiving catching on in popularity. we spoke with the entrepreneurial daredevil behind the trend. >> i got to fly with two of the best coaches in the world, these two brothers from utah. they just did a brief kind of intro, then put on a flight suit and helmet for protection for the wind, sound, and you just come in through a doorway, a cylindrical glass tunnel 14 feet in diameter, 45 feet tall, and you lean into it and it picks you up and you feel a lot of wind, so after doing this for 10 minutes, the next day i was more sore than i had been in a long time because you relax, but when you are learning how to do it, you tense up and feel like you have to fight the wind a little bit. oliver: it is your first time flying? >> fir

section, our reporter got to do a little grocery shopping with none other than wolfgang pok -- puck asfor his new restaurant. >> i went to the santa monica farmer's market with wolfgang and one of his chefs and we spent an hour looking at produce he wanted to use in the menu of the rogue experience, a restaurant he was opening in west hollywood that night. it is amazing that someone like him who is behind a $400 million restaurant empire is doing produce runs, but he really does get excited about getting out there and seeing what the ingredients are, and meeting the fruit mongers, trying samples, and figuring out what will go on the plate. oliver: what is this rogue experience? wolfgang puck has been around for a long time, but do people still associate him with bustling restaurants? >> they do of associate him with bustling restaurants. his restaurant here, spago, one of his first and one of the most iconic is definitely busy. it's a place where you can find celebrities. he also has cut, a steakhouse with locations all over the country and world, and there are a lot of people going to

puck, can i call you wolfgang?>> how is your first restaurant in new york city going, and i ask this in the context of, for example, we have tillman on frequently owner of landry's, says, wow, rents in new york city are very tough, wages are very tough. he thinks we're one of the toughest markets in the country. >> well, you know, i love the market in new york, why, there's more money in new york than in any other city and i really believe we have the customers. we are associated with the four season hotel which brings in customers and, you know, i'm really surprised downtown is booming especially at night. we are packed every night. you have so many young people who like to hang out and i think, to me, downtown was really a big surprise. they're going to be busy for lunch because of wall street, all the financial institutions, but we are really, really busy at night. >> are you saying then that in essence only a high-end restaurant would do well? talk to me about the other issues if you have a cheaper restaurant.

on that, i share with what wolfgang munchau wrote but i also believe it is clear that the eurozone mustnd this is not my words, it's the words of the european union. in a series of declarations of the european council, we have several times in the last month, lastly with the rome declaration on 25th of march, we say we must complete it and better shape it. you may not have the time. there has to be an election in italy before the end of early 2018 and who is topping the polls? let me say this... ..topping the polls at the moment is the five star movement who want a referendum on italy's membership of the euro. well, it is total folly. can you imagine a month of a referendum campaign on whether italy should remain or get out of the eurozone? this means and shows that they are totally unfit to rule the country and they are showing they are totally unfit to rule the capital of italy, rome, where the disaster of the five star mayor is going on every day, unfortunately for us but also for all the foreigners who happen to come to our capital at the moment. it is clear that this must be avoide

german finance minister wolfgang schauble tells cnbc that contrary to some opinion, the meeting between chancellor merkel and president trump was a successful one. >> people in the media are looking at a strange situation, shake hands or not, shake hands or not. that was totally wrong. it was a meeting of mutual confidence. >>> good morning, everyone. it is friday, it is a crucial trading day before the first round of the presidential elections in france. just want to bring you some data from the eurozone. april composite pmi flash, estimate was at 56.7, versus a forecast of 56.4. just a tad higher than expected. also want to tell you about the french pmis, given that we are headed into this yuscrucial election, manufacturing pmi at 55.1, up from 53.3 in march, confounding expectations for a drop to 53. the services sector rising to 57.7. the composite number reached a six-year high. that tells you that businesses were quite confident, despite the uncertainty that you would expect surrounding or in the run up to the french elections. that probably confuses many. let's have a look at the

kennedy: celebrity chef wolfgang puck is make a big splash.nnounced the opening and released tickets to his new restaurants the rogue experience it's in l.a. and features an intimate and experimental tasting menu it changes weekly and it's not shared with guests in advance. we invited him to preview a few plates and give you ideas for your sunday dinner. >> we make all different kinds of salads. i love spring when the first as come. i still remember growing up in austria. asparagus. we have salad, poached egg with smoked salmon. it has a hollandaise sauce. that's with avocado. kennedy: and a big fat slight of country bread. is that a brunch item? >> for easter we'll have lamb. you have to have a little bit of lamb and great fish dishes it's a delicious dish. it's a l of fun. because there are so many new things. our newest restaurant is one counter with 8 seats. kennedy: you have to have tickets in advance? >> we are sold out for the next two months. people loved it. kennedy: what are some of the superstars of the plate? >> we mad so many inte

bof ga wolfgang, we will ask you about the impact of earnings, but on the breaking news this morning, sharp reversal in the pound and now it's lower by 0.3. what does this say about the uncertainty factor now in british politics and economics and around this currency? >> at the end of the day it's another surprise this is what we try to negotiate through. you get this announcement that in 45 minutes we'll talk about this. who knows where this will go, but for corporates this is difficult if you don't manage this properly. sometimes they say sell on the rumor, buy on the news or vice versa, that's what we're seeing here. people are nervous here. hard to believe that may is going to talk the sterling down here. but you're seeing the sale on there. >> she won't specifically talk the sterling down. we'll have to see what announcement is. let's talk more broadly about the election impact on currencies at the moment. is it the biggest factor moving the euro at the moment? the potential political results going either way? >> that's one of them. i think people don't know where it's going, the

we also speak with wolfgang schauble, wilbur ross and mario longhi. your lucky traders today, we're going to hear from all of them in a bit. we start with a big cnbc exclusive. leslie picker scoring a big interview with mick mcguire who is on the attack against buffalo wild wings. >> that's right, brian. mercado reiterating their four nominees and also calling for the resignation of the ceo, sally smith. mick mcguire is here with us live from san francisco. he's the founder and managing partner of marcato. mick, you've been invested in this stock for about a year. what was the catalyst that you determined made sally smith a problem now? >> we have been invested in the stock for over a year at this point. we've been involved in very active conversations with the board and the management team throughout that entire period of time. and we've clearly reached the point that we have the view that the status quo is simply not working. at the annual meeting in six weeks, the shareholders will have an opportunity to vote for real change and we think real chang

let's meet wolfgang puck.

. >>> celebrity chefs wolfgang puck has a star of his own he received a star on the hollywood walk of fame and his celebrity friend including tv host larry king were on hand to celebrate. the australian born chef has been serving meals at official oscar party for over 20 years. >>> i have to warn you this next story has a few spoilers about the next movie, last night m night shame len thriller, ended with a cameo by bruce willis as david dunn his hit in unbreakable. well, now, they will all come together. he has revealed willis, samuel l jackson from unbreakable and james mccove i, from split will star in glass as a sequel to both films, and expected to hit theaters in january 2019. >>> also got to tell you jeff gold bloom, matching his wits just yet, actor signed on to return as doctor iain malcolm in the next jurassic park. he is known for his outstanding performance of the 1993 original film and 1997 sequel, however he did not appear in 2015's reboot, jurassic world. next film is expected to come out next year. >>> also, this is big news, i really got to tell you, this is a blast f

here is what german finance minister wolfgang schauble told me about the election. the french election. can the euro survive the french election? >> i'm quite optimistic, and i think the french people will take reasonable decision. that means a decision that allows the euro can survive. >> when you have more than 40% of the electorate at this point saying they support someone who is absolutely a euro skeptic like marine le pen or second candidate who says his support for the euro is only conditional as long as he gets to spend the money he wants or violate a lot of the things that require membership in the euro. how can you be optimistic when such a large population -- percentage of the population doesn't seem to support that? >> 40% is not the majority of a population. >> no. what do you make of the rise of euro skepticism across europe? what's gone wrong? is it not working the way it's supposed to. >> i think it's not a matter of the euro. it's a lot of problems. i think some problems are similar to the reasons for electorate decisions in uk in the brexit and in t

cnbc has an exclusive live interview with the german finance minister, wolfgang schauble from the imfetings. >>> the european union says it will begin brexit negotiations with the uk after the snap elections. this as prime minister theresa may kicked off her campaign to return to downing street after securing parliament's backing for an early election. speaking in bolton, may reaffirmed her decision to call the vote saying the country needed strong and stable leadership. >> it's the right decision. it's in the national interest. that's what this election is about. it's about providing the strong and stable leadership that this country needs to take britain through brexit and beyond. it's about strengthening our hand in the negotiations that lie ahead. and it's about sticking to our plan for a stronger britain that will enable us to secure that more stable and secure future for this country and take the right long-term decisions for the future. >>> opposition labour leader jeremy corbin revealed his party's plans and tax cuts for business. >> we will have a labour government that will

puck isy chef, wolfgang jo

we also speak with wolfgang schauble, wilbur ross and mario longhi.our lucky traders today, we're going to hear from all of them in

. >> hey, david, i got that order for wolfgang's. i need 40 short loins as soon as possible.orey, i need three boxes of our boneless legs of lamb. >> who's this guy? >> that's frank, our general manager. >> come on, we gotta get these trucks out of here. let's go. >> he seems to know what he's doing. >> yes, he does. >> frank. >> frank, i'm marcus. >> hey, marcus, how you doing? >> both: nice to meet you. >> how long have you been here? >> five years. >> do you love it? >> yeah, it's good business. you know, everybody's gotta eat. [chuckles] >> uh-huh. do you mind giving me kind of-- we could walk through, give me kind of a rundown of what goes on here. >> well, this is our production room. we fabricate orders. >> how do you measure the efficiency? >> uh, i've never really analyzed it, never thought about it. i just look and see what i can get done in a given day. >> and so how many pounds do we generate a day? >> um-- >> do you know that number? >> no, i don't. >> so what other things could you guys do here to generate some money? >> well, we started a new item. we made the

at noon, michelle caruso-cabrera sets down with german finance minister wolfgang schauble. >>> a bit of political news -- a lot going on today. some tough talk on iran late yesterday from secretary of state tillerson. tillerson describing the iran nuclear deal as brokered by the obama administration as a failure. >> an unchecked rye riran has o potential to travel the same path as north korea and take the world with it. the united states is keen to avoid a second piece of evidence that strategic patience is a failed approach. a comprehensive iran policy requires that we address all the of the threats posed by iran. it's clear there are many. >> tillerson getting out there. his comments came hours after the state department confirmed that iran was complying with that nuclear deal. >>> elliott management has released the private letter from klaus kleinfeld which led to his resignation on monday. arconic, which is in a proxy fight with elliott said kleinfeld agreed to resign after the company found he used poor judgment by sending a letter. the hedge fund is run by paul singer. the lett

and is astonishing rate of technology, young said that when he and the nobel laureate physicist wolfgangdiscussing esp, that a decades long debate, esp, fact or fantasy? and young said you can only judge what is possible by the criteria of the age, right? to think about what we've been talking about for hours now, where we are now with computer technology. i mean, where we are with space travel. this is science fiction decades ago, and now it's all possible. so if you allow yourself to hold that idea and not be so judgmental againstthese ideas that yes, for millennium have been aligned with the supernatural, have been aligned with magic. but if you can just hold the idea and think about it, i think there is more to be revealed. >> host: don, houston, texas, annie jacobsen is our guest. >> caller: thank you for taking my call. i was in the air force for eight years and i was in, at -- for five of those years, and some things happened at brandenburg. i worked with nasa in with the 4392nd and i met carl sagan. i also met the girl that was over blue book and there was rumors, and i saw a num

now and this astonishing raid of -- astonishing rate of technology and jung said it when he and wolfgang were discussing esp. a deck long debate and jung said you can only judge what is possible by the criteria of the age, right? so think about what we have been talking about this for hours now.nk where we are now with computer technology. where we are with space travel. this is the -- science fiction decades ago and now it's all possible. so, if you allow yourself to hold that idea and not be so judgmental against these ideas, that, yes, for millenia have been aligned with the supernatural, aligned withbe magic, but if you can just hold the idea and think about it, i think there is more to be revealed. >> host: don, houston, texas, annie jacobsen is our guest. >> caller: i was in the air force and i was in vandenberg for five years, and some things happen at vandenberg, i worked with nasa and what the 43rd 43rd knights and i met carl sagan, met the colonel that was over project blue book, and there was rumors -- and i saw a number of officers landed on a private aircraft. we were told t