21
21
Mar 17, 2019
03/19
by
BLOOMBERG
tv
eye 21
favorite 0
quote 0
david: you own maybelline? jean-paul: yes. david: where is that sold? is that sold in department stores? jean-paul: no, it is sold in drugstores, mass stores, walmart, target. david: so if a woman is in front of you and wearing maybelline lipstick, could you tell it is not l'oreal lipstick? in other words, can you tell the difference in the brands? jean-paul: not from far away. but -- [laughter] david: ok, i guess that is the point though. ok. jean-paul: i cannot access to the bag. david: you have all these products and you are a man and you don't use these products. presumably your wife uses these. jean-paul: of course. david: but you don't use these products. how do you make a judgment about whether it is a good product or not? who makes the judgments for you? jean-paul: the president of the brands. we are pretty decentralized. we have an organization at l'oreal where we are structurally centralized but operationally very decentralized. there is for each brand a team, what we call an international marketing team. there is a president for each brand. d
david: you own maybelline? jean-paul: yes. david: where is that sold? is that sold in department stores? jean-paul: no, it is sold in drugstores, mass stores, walmart, target. david: so if a woman is in front of you and wearing maybelline lipstick, could you tell it is not l'oreal lipstick? in other words, can you tell the difference in the brands? jean-paul: not from far away. but -- [laughter] david: ok, i guess that is the point though. ok. jean-paul: i cannot access to the bag. david: you...
18
18
Mar 15, 2019
03/19
by
BLOOMBERG
tv
eye 18
favorite 0
quote 0
david: the stock is up 200%. jean-paul: more. [laughter] david: ok. jean-paul: 400%. david: 400%. wow. that is pretty good. jean-paul: it is not finished. [laughter] david: the market cap is $140 billion. what was it before this? jean-paul: four times. david: people are happy when the usual products? jean-paul: it is important because we are convinced at l'oreal that it is a great industry. it is a great job. you make by creating beauty products, make people more happy, better self-confidence, self-esteem. it is a very positive thing. ♪ ♪ david: let's talk about some of the things you did. one thing you have been focused on is gender equality. jean-paul: two thirds of the employees at l'oreal are women. it is 50% of the board, 50% of all management. so we are doing everything. david: some of your major competitors, very good companies like estee lauder. jean-paul: i heard about them. [laughter] david: the ceos are often men. the people in charge of duty products are men. does that strike you as unusual? jean-paul: it will change. it was in the beginning more men. definitely in
david: the stock is up 200%. jean-paul: more. [laughter] david: ok. jean-paul: 400%. david: 400%. wow. that is pretty good. jean-paul: it is not finished. [laughter] david: the market cap is $140 billion. what was it before this? jean-paul: four times. david: people are happy when the usual products? jean-paul: it is important because we are convinced at l'oreal that it is a great industry. it is a great job. you make by creating beauty products, make people more happy, better self-confidence,...
23
23
Mar 3, 2019
03/19
by
BLOOMBERG
tv
eye 23
favorite 0
quote 0
david: no, it is for you. [laughter] david: you have now been the ceo of apple since about july 2011. the earnings are up about 80%. so have you ever thought you can't do better than this and maybe you should just say, well, i have done a great job, and now i am going to do something else with my life? tim: we view the stock price, revenues and profits as a result of doing things right on the innovation side, on the creativity side, focusing on the right products, treating customers like they're jewels, and focusing on the user experience. i didn't even know the numbers that you just quoted. this is not something that is even in my orbit, to be honest with you. david: well, so when you announce your quarterly earnings, analysts always say, well, they didn't sell as much of this product as we thought they would. so does that bother you? tim: it did at one time. it doesn't anymore. the -- we run apple for the long term. and, and so, it's always struck me as bizarre that there's a fixation on how many units are s
david: no, it is for you. [laughter] david: you have now been the ceo of apple since about july 2011. the earnings are up about 80%. so have you ever thought you can't do better than this and maybe you should just say, well, i have done a great job, and now i am going to do something else with my life? tim: we view the stock price, revenues and profits as a result of doing things right on the innovation side, on the creativity side, focusing on the right products, treating customers like...
41
41
Mar 21, 2019
03/19
by
BLOOMBERG
tv
eye 41
favorite 0
quote 0
david: yes. [laughter] david: the products, the c.e.o.'s are often men. and the people in charge of the beauty products are men even though they don't use the beauty products. does that strike you as somewhat unusual or is that going to change? jean-paul: it will change. it was in the beginning more men. and definitely, you know, in the next few years women will take over. i mean, and certainly, maybe not in the very next future, but certainly a woman will become a c.e.o. of l'orÉal. [applause] david: on sustainability, that has been another major push of yours. what are you trying to do in sustainability and in terms of your carbon footprint? jean-paul: the carbon disclosure project, the cdp, the authority in terms of the environment, has awarded l'orÉal for the third year in a row the aaa recognition, a for forest, for water, for carbon impact. we are also in this matter recognized as the number one company in terms of sustainability. david: one of your other pushes has been for strong ethics. jean-paul: yeah. david: why is ethics so important to you?
david: yes. [laughter] david: the products, the c.e.o.'s are often men. and the people in charge of the beauty products are men even though they don't use the beauty products. does that strike you as somewhat unusual or is that going to change? jean-paul: it will change. it was in the beginning more men. and definitely, you know, in the next few years women will take over. i mean, and certainly, maybe not in the very next future, but certainly a woman will become a c.e.o. of l'orÉal....
35
35
Mar 22, 2019
03/19
by
BLOOMBERG
tv
eye 35
favorite 0
quote 0
david: you own maybelline? jean-paul: yes. david: where is that sold? is that sold in department stores? jean-paul: no, it is sold in drugstores, mass stores, walmart, target. david: so if a woman is in front of you and wearing maybelline lipstick, could you tell it is not l'oreal lipstick? in other words, can you tell the difference in the brands? jean-paul: not from far away. but -- [laughter] david: ok, i guess that is the point though. ok. jean-paul: i cannot access to the bag. david: you have all these products and you are a man and you don't use these products. presumably your wife uses these. jean-paul: of course. david: but you don't use these products. how do you make a judgment about whether it is a good product or not? who makes the judgments for you? jean-paul: the president of the brands. we are pretty decentralized. we have an organization at l'oreal where we are structurally centralized but operationally very decentralized. there is for each brand a team, what we call an international marketing team. there is a president for each brand. d
david: you own maybelline? jean-paul: yes. david: where is that sold? is that sold in department stores? jean-paul: no, it is sold in drugstores, mass stores, walmart, target. david: so if a woman is in front of you and wearing maybelline lipstick, could you tell it is not l'oreal lipstick? in other words, can you tell the difference in the brands? jean-paul: not from far away. but -- [laughter] david: ok, i guess that is the point though. ok. jean-paul: i cannot access to the bag. david: you...
85
85
Mar 16, 2019
03/19
by
BLOOMBERG
tv
eye 85
favorite 0
quote 0
david: what does it do for you? jean-paul: sorry? david: what does it do? jean-paul: for me personally? look. everything. [laughter] david: what is the best way to get a job with l'orÉal? jean-paul: call me. [laughter] david: really? great. it might be tough to get a hold of you. jean-paul: no, no, very easy. you can email me. i look at my email every day and i answered them every day directly. ♪ ♪ david: let's talk about france. because americans are always interested in france. we talked earlier, and like all french people, you take four-week vacation. is that a requirement to be french. when you want to have somebody in the office in august in paris, you can never get them in the office. how is that? is that a custom or something? jean-paul: no, but is a habit. i usedw, when i was here to take two weeks vacation. and when i was in asia, i think i did not take any vacation. and when i came back to france, i thought the french were crazy to take four weeks vacation. while i liked it. [laughter] david: when you are with president macron and his wife th
david: what does it do for you? jean-paul: sorry? david: what does it do? jean-paul: for me personally? look. everything. [laughter] david: what is the best way to get a job with l'orÉal? jean-paul: call me. [laughter] david: really? great. it might be tough to get a hold of you. jean-paul: no, no, very easy. you can email me. i look at my email every day and i answered them every day directly. ♪ ♪ david: let's talk about france. because americans are always interested in france. we talked...
53
53
Mar 4, 2019
03/19
by
BLOOMBERG
tv
eye 53
favorite 0
quote 1
david? david: whether because of buying votes or otherwise, the british prime minister may apparently got help over the weekend on her plan with the sunday times reporting a group is pushing hard for breast wit a plan of their own that might allow them to support the prime minister. joining us from london. is this coming together for prime minister may at the 11th hour, 59th minute? >> it looks like it is. it looks like the really hard line conservatives have opened the door a crack and that said, i think we have to see what the attorney general comes back from brussels with. you also can see how the hard line of her party could simply look at it and say this isn't good enough and this isn't the alternative to the irish backstop we wanted to see and we can't support this. we'd rather go for a long delay or no brexit and then things could start to fall apart for her. i say things are conquernling more in her favor but we're still a long way from feeling that with any certainty. avid: thank yo
david? david: whether because of buying votes or otherwise, the british prime minister may apparently got help over the weekend on her plan with the sunday times reporting a group is pushing hard for breast wit a plan of their own that might allow them to support the prime minister. joining us from london. is this coming together for prime minister may at the 11th hour, 59th minute? >> it looks like it is. it looks like the really hard line conservatives have opened the door a crack and...
26
26
Mar 1, 2019
03/19
by
BLOOMBERG
tv
eye 26
favorite 0
quote 0
[laughter] [applause] david: well, ok, i -- [applause] david: i have one here. i have my iphone here actually. and i do use it and love it. and one time, you and i were in china, and i could not work something and i asked you to help me, and you said, look, i don't normally do tech support. [laughter] david: but you were nice, and it did work. you came out with the apple watch not too long ago. why was it called the apple watch and not the iwatch? because you have iphone, ipod, ipad, why not iwatch? did you ever think of that? or? [laughter] [applause] tim: well -- david: i'm sure you must've thought of it. i'm sure it's not a novel idea. but i'm just curious. tim: it was something that we thought of at the time. david: so it was not a crazy question. tim: no, it wasn't a crazy question at all. david: how come apple watch won out? tim: well, i kind of like apple watch, what you think? david: well, you are the ceo. [laughter] david: the ceo says something. so how are they doing? tim: they're doing fantastic. cellular is now on the watch. you don't have to travel
[laughter] [applause] david: well, ok, i -- [applause] david: i have one here. i have my iphone here actually. and i do use it and love it. and one time, you and i were in china, and i could not work something and i asked you to help me, and you said, look, i don't normally do tech support. [laughter] david: but you were nice, and it did work. you came out with the apple watch not too long ago. why was it called the apple watch and not the iwatch? because you have iphone, ipod, ipad, why not...
45
45
Mar 8, 2019
03/19
by
BLOOMBERG
tv
eye 45
favorite 0
quote 0
anyway, david, here we go. david: all right, very impressive. robert: what we have here, this center is designed to really capture all of the records of the african-american experience. and there are the records that were institutional. if you think about the freedmen's bureau and other places, we can capture those and digitize them and we can have access to them. this is the best of the institutional records, but the real beauty here is how do you go and give everybody a chance to put their family's history and their narrative as part of the u.s. environment, or part of the u.s., here in a place where generation upon generation can now find who they were, how they contributed, and not just the 500 people that we see represented that everybody knows, but the millions of people. david: what about your family? robert: i hope they are here. but i'm excited. we should probably take a look to see if any of that is accessible at this point. ♪ ♪ >> in ancestry, in a family search, you can search for individual people. the first hit we get is in wor
anyway, david, here we go. david: all right, very impressive. robert: what we have here, this center is designed to really capture all of the records of the african-american experience. and there are the records that were institutional. if you think about the freedmen's bureau and other places, we can capture those and digitize them and we can have access to them. this is the best of the institutional records, but the real beauty here is how do you go and give everybody a chance to put their...
23
23
Mar 29, 2019
03/19
by
FBC
tv
eye 23
favorite 0
quote 0
david: if mr. barr is filed lying about what's in the mueller report david then it's a possibility that what adam is saying is true but based on a lifetime of being a criminal lawyer and an internal -- and attorney general i really don't think he is a liar, do you? >> what we are seeing here is the pure hatred that democrats have for the president there really clouds everything and let me say from another perspective, in 2020 republican hatred for president obama was so high that there was no scenario they could think of that the president would lose and what did president obama do? he won re-election. democrats are in the same position. their hatred clouds everything they do and their focus is ultimately on trying to impeach the president and get him out of office when in reality americans who will ultimately decide this election get back to this message tonight and specific examples on the economy. it's a winning message. david: at of mine know you were very much invested in this idea that there
david: if mr. barr is filed lying about what's in the mueller report david then it's a possibility that what adam is saying is true but based on a lifetime of being a criminal lawyer and an internal -- and attorney general i really don't think he is a liar, do you? >> what we are seeing here is the pure hatred that democrats have for the president there really clouds everything and let me say from another perspective, in 2020 republican hatred for president obama was so high that there...
51
51
tv
eye 51
favorite 0
quote 0
back to you, david. david: 198, that's a huge draw. 192. david: thank you very much. tax in all stock trades, democrats trading ideas on just how to do that. deirdre bolton joins us with more. reporter: that is right. today is that a democratic congressman from oregon leading the charge against wall street. he's good to introduce legislation today on stocks, bonds or derivatives. this is not the first time is targeted wall street. he introduced a similar bill that there was more pickup at the time. congresswoman alexandria ocasio-cortez a lead cosponsor of the bill along with a dozen others. he wants to discourage high-frequency trade to avoid another flash crash. he also said the money from the tax could go to more worthy causes. for causes. for example the joint committee on taxation estimates of financial transaction tax could help reduce the budget by adding revenues of $777 billion during 10 years. if the exact form in here is what it means for you. individual investors would pay .01% per transaction and the online account. ameritrade, schwab, whatever you have.
back to you, david. david: 198, that's a huge draw. 192. david: thank you very much. tax in all stock trades, democrats trading ideas on just how to do that. deirdre bolton joins us with more. reporter: that is right. today is that a democratic congressman from oregon leading the charge against wall street. he's good to introduce legislation today on stocks, bonds or derivatives. this is not the first time is targeted wall street. he introduced a similar bill that there was more pickup at the...
74
74
Mar 21, 2019
03/19
by
CSPAN
tv
eye 74
favorite 0
quote 0
. >> did you know what an animal husbandry is, david question mike david: i do. i realize that private equity work better. so, ultimately, you got a job with southwestern bell, and southwestern bell resulted in the breakup of at&t in 1984, so how did you get a job there? you were out of college. how did you get your job? thestephenson: i say it old-fashioned way. my brother got me the job. said i can get you a job. i went to southwestern bell, and i started out -- my first job, david, was to hang 19 inch magnetic tapes onto tape drives. you would look at a screen and say this tape on that drive, and i would go find that tape, get the drive, push load and start, and i would do that for a 12 hour shift. much thepretty foundation of everything that i do now. david: your brother is still working at the company? yes.tephenson: david: does he mention that you are the ceo of a company? mr. stephenson: he is the member of a labor union. i do not think that would be received very well. david: i know a lot of people named randall who call themselves randy. how come you do
. >> did you know what an animal husbandry is, david question mike david: i do. i realize that private equity work better. so, ultimately, you got a job with southwestern bell, and southwestern bell resulted in the breakup of at&t in 1984, so how did you get a job there? you were out of college. how did you get your job? thestephenson: i say it old-fashioned way. my brother got me the job. said i can get you a job. i went to southwestern bell, and i started out -- my first job, david,...
23
23
Mar 23, 2019
03/19
by
BLOOMBERG
tv
eye 23
favorite 0
quote 0
david: really? jean-paul: yes. it is the truth. david: you are fortunate to sleep that long. i saw the jeff bezos -- david: eight hours is what he needs a night. when he gets in his late 60's, i doubt he will be able to make it through the night but you never know. i want to thank you for giving us an insight to what it is like major beauty products company and thank you for the advice you have given me about things i could do to look better. jean-paul: thank you for having me. it is a great honor. thank you, david. ♪ \ he started an e-commerce company in 1995. today, he is known as the amazon of japan but also works with google and others. though many outside of japan don't know how to pronounce the
david: really? jean-paul: yes. it is the truth. david: you are fortunate to sleep that long. i saw the jeff bezos -- david: eight hours is what he needs a night. when he gets in his late 60's, i doubt he will be able to make it through the night but you never know. i want to thank you for giving us an insight to what it is like major beauty products company and thank you for the advice you have given me about things i could do to look better. jean-paul: thank you for having me. it is a great...
52
52
Mar 27, 2019
03/19
by
FBC
tv
eye 52
favorite 0
quote 0
david: absolutely. no, the cornerstone of our justice system is the blind justice, the lady justice who's got blindfolds on. that blindfold was ripped off the moment that this prosecutor, kim fox, began to deal with people in a backhanded way in order to get this buy guy off. -- this guy off. and, by the way, we'll never know the truth. >> i them -- i tell you one thing, i think may might have made a make. they would have been better off if he'd have taken some low-level plea, because that would have kept the feds out of this. i suspect at the u.s. attorney's office the chicago police, the fbi and the u.s. attorney staff are looking to see if they have a false statement charge, an obstruction of justice charge or maybe a mailing, the mailing that they did. of i don't know if they've been able to tie that to hill. but by not taking any plea at the state level, he's left himself wide open to a federal charge. and if they have it, i predict they'll use it. david: it's a bug mess. it's just a huge mess, and
david: absolutely. no, the cornerstone of our justice system is the blind justice, the lady justice who's got blindfolds on. that blindfold was ripped off the moment that this prosecutor, kim fox, began to deal with people in a backhanded way in order to get this buy guy off. -- this guy off. and, by the way, we'll never know the truth. >> i them -- i tell you one thing, i think may might have made a make. they would have been better off if he'd have taken some low-level plea, because...
29
29
Mar 7, 2019
03/19
by
BLOOMBERG
tv
eye 29
favorite 0
quote 0
david? david: thank you so much. union,g of the european coming up this afternoon the eu trade commissioner will you join bloomberg television after she meets with u.s. trade representative robert lighthizer. that will be at 3:30 p.m. eastern time. this is bloomberg. ♪ you are watching "balance of power." i'm david westin. tesla shares rising 2%. it is our stock of the hour. it plans to have charging times at 15 minutes for the model 3. emma has more. emma: they are updating their network to cut the wait times to 15 minutes. c as they areodel rolling out this market this year, allowing about twice as many cars to charge each day. the first one, the first one of these is super will roll out in europe and asia into the fourth quarter of this year. it is really them trying to get ahead of rivals, the likes of porsche trying to roll out some superfast chargers. david: they are selling a lot of porsches, who would've thought? so, 15 minutes, that sounds remarkable. it must cost a lot to do that. emma: i think they are s
david? david: thank you so much. union,g of the european coming up this afternoon the eu trade commissioner will you join bloomberg television after she meets with u.s. trade representative robert lighthizer. that will be at 3:30 p.m. eastern time. this is bloomberg. ♪ you are watching "balance of power." i'm david westin. tesla shares rising 2%. it is our stock of the hour. it plans to have charging times at 15 minutes for the model 3. emma has more. emma: they are updating their...
12
12
Mar 31, 2019
03/19
by
BLOOMBERG
tv
eye 12
favorite 0
quote 0
david: you got into harvard. when you got into harvard, did you decide to go right away or did you see if other schools would accept you? ken: that was a complicated story. ken: my father's business partner was a princeton graduate. princeton was my first choice. my father had a falling out with his business partner. that was just before the time i was picking where to go to college. my dad said it would break his heart if i went to princeton. and, i went to harvard. [laughter] david: well, that has broken the heart of the princeton development people. [laughter] ken: one of my partners at citadel, who i have had the pleasure of working with for two decades, served on princeton's investment committee oversight and has done wonders to help princeton feel better. [laughter] david: the legend is you began trading convertible bonds out of your dorm room. ken: that is true. my freshman year, and i am at bloomberg, so i have to say my gratitude for the press, i read this article saying the home shopping network was ove
david: you got into harvard. when you got into harvard, did you decide to go right away or did you see if other schools would accept you? ken: that was a complicated story. ken: my father's business partner was a princeton graduate. princeton was my first choice. my father had a falling out with his business partner. that was just before the time i was picking where to go to college. my dad said it would break his heart if i went to princeton. and, i went to harvard. [laughter] david: well,...
52
52
tv
eye 52
favorite 0
quote 0
david? david: edward, thank you very much. meanwhile new york fed president john williams just saying now that slower u.s. growth is quote a new normal. raymond james chief strategist jeff saut. thanks for being here. in fairness he said that shouldn't be acause for alarm. i'm quoting, with strong labor market, and no signs of inflationary pressures, the baseline outlook is quite favorable. saying slower growth but that is not necessarily a bad thing. >> i agree with that. slow growth along two, 2 1/2 percent earnings coming in better than expected they have been doing for the past two years. since we transitioned from interest rate secular bull market to earnings secular bull market. i this we're have upside consolidation after heck of a rally after the biggest selling climax in late december strongest i've seen in 48 years in this business. david: i know it was incredible but not that strong. the dow is down 137 right now. expectations were built so high by president trump and the economic team of 3% or greater will those ex
david? david: edward, thank you very much. meanwhile new york fed president john williams just saying now that slower u.s. growth is quote a new normal. raymond james chief strategist jeff saut. thanks for being here. in fairness he said that shouldn't be acause for alarm. i'm quoting, with strong labor market, and no signs of inflationary pressures, the baseline outlook is quite favorable. saying slower growth but that is not necessarily a bad thing. >> i agree with that. slow growth...
35
35
Mar 4, 2019
03/19
by
BLOOMBERG
tv
eye 35
favorite 0
quote 0
david? david: thank you so much. president trump has focused on tariffs as a tool of trade policy like no other president in recent history, but in pursuing better terms of trade with china is policies have also heard american businesses -- hurt american businesses. chris coons of delaware and james lankford of oklahoma have proposed legislation that would help with imports. senator, thank you for being with us. sen. lankford: glad to be in the conversation. david: what is it you are proposing? >> the tariffs have been ignored. there has been focus on the 232 tariffs dealing with steel, but other tariffs deal with products coming in. a 10% tariff, the president did threaten to go up from there, but in the first two there were smaller amounts and in exclusion process, the way that companies could say that this is not manufactured anywhere else and it has to be done here. those processes were put into place and they are working through it, but the third-largest tranche of tariffs coming through these 301's, there is no
david? david: thank you so much. president trump has focused on tariffs as a tool of trade policy like no other president in recent history, but in pursuing better terms of trade with china is policies have also heard american businesses -- hurt american businesses. chris coons of delaware and james lankford of oklahoma have proposed legislation that would help with imports. senator, thank you for being with us. sen. lankford: glad to be in the conversation. david: what is it you are proposing?...
34
34
Mar 21, 2019
03/19
by
CSPAN
tv
eye 34
favorite 0
quote 1
david: not dominant. [laughter] david: why are you in the entertainment content providing business now? you spent $85 billion recently to buy time warner and it took two years plus to get it approved by the u.s. government. i will ask you about that, but what was the theory behind why you wanted to be in the content business and buy time warner? mr. stephenson: it was multifaceted. i will try to simplify it. as we watch our customers and analyze our customers, as we have developed network delivery technology, where they can consume video on all devices, anywhere, everywhere they are, it has been surprising and quite enjoyable to watch how people are now consuming video, and this is just in a world of 4g. now as we move these networks, and we are moving there aggressively, to 5g, the amount of video you will be able to consume in multiple formats wherever you are -- we think is going to explode. now back in 2016, when jeff and i did this deal, recall what people were saying. its had had its -- had had firs
david: not dominant. [laughter] david: why are you in the entertainment content providing business now? you spent $85 billion recently to buy time warner and it took two years plus to get it approved by the u.s. government. i will ask you about that, but what was the theory behind why you wanted to be in the content business and buy time warner? mr. stephenson: it was multifaceted. i will try to simplify it. as we watch our customers and analyze our customers, as we have developed network...
25
25
Mar 28, 2019
03/19
by
FBC
tv
eye 25
favorite 0
quote 0
david: yeah. and there was a time when even democrats, not just border patrol agents like yourself, knew this. let me just play a tape for you of a time when that was true. >> it is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years, and we must do more to stop it. >> we simply cannot allow people to pour into the united states undetected, undocumented, unchecked. >> we do not want to do anything to encourage more illegal immigration into this country. >> the american people are fundamentally pro-legal immigration and anti-illegal immigration. we will only pass comprehensive reform when we recognize this fundamental concept. david: stevie, how frustrating is it for you, a border patrol agent, to see democrats at one point years ago before trump was in power saying walls are a great thing, then after trump comes in power, they say it's impossible, we can't afford it? >> it's unfortunate that their opinions
david: yeah. and there was a time when even democrats, not just border patrol agents like yourself, knew this. let me just play a tape for you of a time when that was true. >> it is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years, and we must do more to stop it. >> we simply cannot allow people to pour into the united states undetected, undocumented, unchecked. >> we do not want to...
33
33
Mar 24, 2019
03/19
by
FBC
tv
eye 33
favorite 0
quote 0
david: breaking tonight. robert mueller's russia report is in the hand of attorney general william barr. a senior justice official is telling us mueller is not recommending any further indictments. now the question, will democrats accept the findings if nothing directly implicates president trump. joining me trump's former campaign advisor and hillary clinton's campaign advisor. if there is no indictment for collusion between the trump campaign and russia that was the basis of democrats pursuing this investigation getting behind it 100%. it's one of the reasons most of americans would get tired of it. where do republicans go now? i'm going to ask antjuan where democrats go. will they use this in the campaign of 2020? >> this is the time republicans step up and say i told you so. the house investigations turned up nothing and the mueller report turned up nothing. cnn and liberal commentators badgered us saying there is clear evidence the trump campaign excluded with russia. president trump may be an agent of r
david: breaking tonight. robert mueller's russia report is in the hand of attorney general william barr. a senior justice official is telling us mueller is not recommending any further indictments. now the question, will democrats accept the findings if nothing directly implicates president trump. joining me trump's former campaign advisor and hillary clinton's campaign advisor. if there is no indictment for collusion between the trump campaign and russia that was the basis of democrats...
36
36
Mar 13, 2019
03/19
by
FBC
tv
eye 36
favorite 0
quote 0
david: u.s. trade represent lighthizer, he stopped short of predicting a successful out cam, edward lawrence is in washington with latest. reporter: a big but, u.s. trade representative lighthizer said we're in final weeks of knowing if we'll get a trade agreement with china or note, the chinese have specific demands with u.s. to get an agreement finished. >> focus is removing of 301 tariffs. if that is a concession that is something you were de-- under debate, they have specif, market access provision we also are considering. reporter: if it is finalize, it will cover intellectual property theft, force transfer of technology, state owned enterprising, opening market to u.s. financial services and other nontariff issues. manipulation, now light house hr said it would have different seconds for reinforcement. talking about intellectual property alone. how we got to this rough patch. u.s. trade delegation went to batobeijing the week of februar, the talks within well. it pointed to a face-to-face m
david: u.s. trade represent lighthizer, he stopped short of predicting a successful out cam, edward lawrence is in washington with latest. reporter: a big but, u.s. trade representative lighthizer said we're in final weeks of knowing if we'll get a trade agreement with china or note, the chinese have specific demands with u.s. to get an agreement finished. >> focus is removing of 301 tariffs. if that is a concession that is something you were de-- under debate, they have specif, market...
83
83
Mar 13, 2019
03/19
by
BLOOMBERG
tv
eye 83
favorite 0
quote 0
david, angela merkel seems to want to do a deal. david: she says there is still joint interest. she says brexit options are diminishing. i do not know there were many to begin with. there are even less now. she wants to do something but she is not sure how it can get done. alix: nonetheless, you still have sterling up .6%. unbelievable. david: i do not think people really believe they are leaving. the market say we do not believe you. alix: theresa may horse with passion. -- hoarse with passion. coming up we will talk about the biggest risk in the oil market. this is bloomberg. >> you can see a tightening of the market. the u.s. has to make decisions whether to extend sanctions to iran or not. all of these things can make a volatile year. ♪ viviana: coming up later on bloomberg markets, mike wells, prudential ceo. alix: time for follow the lead, a deep dive into stories making headlines and moving markets. the insights from industry veterans and insiders. we take a look at the risk in the oil market. i spoke to -- he said geopolitical uncertainties are the biggest unknown. >>
david, angela merkel seems to want to do a deal. david: she says there is still joint interest. she says brexit options are diminishing. i do not know there were many to begin with. there are even less now. she wants to do something but she is not sure how it can get done. alix: nonetheless, you still have sterling up .6%. unbelievable. david: i do not think people really believe they are leaving. the market say we do not believe you. alix: theresa may horse with passion. -- hoarse with...
23
23
Mar 29, 2019
03/19
by
BLOOMBERG
tv
eye 23
favorite 0
quote 0
david: you got into harvard. when you got into harvard, did you decide to go right away or did you see if other schools would accept you? ken: that was a complicated story. ken: my father's business partner was a princeton graduate. princeton was my first choice. my father had a falling out with his business partner. that was just before the time i was picking where to go to college. my dad said it would break his heart if i went to princeton. i went to harvard. [laughter] david: well, that has broken the heart of the princeton development people. [laughter] ken: one of my partners at citadel, who i have had the pleasure of working with for two decades, served on princeton 's investment committee oversight and has done wonders to help princeton feel better. david: the legend is you began trading convertible bonds out of your dorm room. ken: that is true. my freshman year, and i am at bloomberg, so i have to say my gratitude for the press, i read this article saying the home shopping network was overpriced. having
david: you got into harvard. when you got into harvard, did you decide to go right away or did you see if other schools would accept you? ken: that was a complicated story. ken: my father's business partner was a princeton graduate. princeton was my first choice. my father had a falling out with his business partner. that was just before the time i was picking where to go to college. my dad said it would break his heart if i went to princeton. i went to harvard. [laughter] david: well, that has...
64
64
Mar 18, 2019
03/19
by
BLOOMBERG
tv
eye 64
favorite 0
quote 0
david: exactly. it turns out they knew there were problems with the way they certified this aircraft beforehand. that is not good for boeing or the faa. alix: not at all. we are monitoring that story as well. we turn now to wall street beat. we could have the biggest merger ever in international payments. lyft sees $1.2 billion in ipo, which could be the year's biggest public offering aside from uber. [laughter] bloomberg'sng us is bureau chief. guest: a lot of accident -- a lot of action happening here. we are changing the way we pay for things. paypal comes into this. there's a big story and "bloomberg businessweek" a month ago talks about how all of this processing business is going to change. alix: when i read it, i read wordplay. i was like, why do you want to buy that game? [laughter] david: in the meantime, and europe, you have the largest ipo in the euro zone. this is a hot area without a doubt. >> there are a number of firms that will process now when trillion dollars annually. alix: it is g
david: exactly. it turns out they knew there were problems with the way they certified this aircraft beforehand. that is not good for boeing or the faa. alix: not at all. we are monitoring that story as well. we turn now to wall street beat. we could have the biggest merger ever in international payments. lyft sees $1.2 billion in ipo, which could be the year's biggest public offering aside from uber. [laughter] bloomberg'sng us is bureau chief. guest: a lot of accident -- a lot of action...
28
28
Mar 2, 2019
03/19
by
BLOOMBERG
tv
eye 28
favorite 0
quote 0
♪ david: he's the son and grandson of rabbis. after thinking about a career as a journalist he ended up at prestigiousw in a law firm. michael chertoff felt the need to serve a larger purpose. he went to become a federal prosecutor, putting mob parses behind bars. -- mob bosses behind bars. his defining moment came on the morning of 9/11, as head of the criminal division at main justice, he rushed to fbi headquarters to handle the crisis with fbi's bob mueller, who reported to him. national security became his calling. he went on to serve as the leader of the newly formed homeland security. he's now back in the private sector after a long career in government, working with major corporations on personal and cybersecurity. but his focus remains where it has been for nearly 20 years, keeping america, its people, and its institutions safe. on today's "big decisions," michael chertoff. welcome to "big decisions." michael: good to be on. david: you have a career in public service and in particular law-enforcement. what brought you to
♪ david: he's the son and grandson of rabbis. after thinking about a career as a journalist he ended up at prestigiousw in a law firm. michael chertoff felt the need to serve a larger purpose. he went to become a federal prosecutor, putting mob parses behind bars. -- mob bosses behind bars. his defining moment came on the morning of 9/11, as head of the criminal division at main justice, he rushed to fbi headquarters to handle the crisis with fbi's bob mueller, who reported to him. national...
23
23
Mar 9, 2019
03/19
by
CSPAN
tv
eye 23
favorite 0
quote 0
david: ok. >> [applause] ms. pelosi: thank you, david. david: for you, not for me. ms. pelosi: thank you. david: wow. well. there's nothing you can say that will live up to this applause. >> [laughter] ms. pelosi: i can leave now. david: so you have said that being the mother of five and the grandmother of nine has been helpful to you in government service and giving you kind of experience. is it more helpful in dealing with your caucus or dealing with the white house? >> [laughter] ms. pelosi: why i say that is because i want to say to all moms out there, place a gold star on that experience that you have. whether -- whatever -- shall we say opportunities you are faced with, it's about managing time and personalities and diplomacy and quarter mastering, logistics and all the rest. it's a multitasking wonder. and i just congratulate all moms and dads for what they do. but -- so it's not about managing people because of my experience with children, it's more about managing time. david: so tell us, when you were elected speaker, the first woman to be speaker, then you we
david: ok. >> [applause] ms. pelosi: thank you, david. david: for you, not for me. ms. pelosi: thank you. david: wow. well. there's nothing you can say that will live up to this applause. >> [laughter] ms. pelosi: i can leave now. david: so you have said that being the mother of five and the grandmother of nine has been helpful to you in government service and giving you kind of experience. is it more helpful in dealing with your caucus or dealing with the white house? >>...
47
47
Mar 11, 2019
03/19
by
BLOOMBERG
tv
eye 47
favorite 0
quote 0
coming up later, david cote talk -- david kotok, cumberland advisors ceo. time for follow the lead, a deep dive into the stories and moving markets from industry veterans and insiders. .oday our focus is on shale colombia's state-controlled oil company is looking to add refinery conversion capacity as it seeks to increase exports. to a ceo aboute the companies plan to boost production and reserves. filipe: in terms of reserves, there are four things we want to do. , increasing the recovery factors, the second is columbia, the third is going abroad. we already have a presence in the u.s., in mexico, and in brazil. the fourth is unconventional's and columbia. alix: before we get to that, it feels like the easier by an would be to buy a u.s. company. is that on the table? filipe: it is something we have looked at what if we going to the u.s. we want the production in the reserves. we want the know-how. part of what we thought about is can we partner with somebody, can we create a joint venture where we get the expertise in the u.s. and bring it back to columbi
coming up later, david cote talk -- david kotok, cumberland advisors ceo. time for follow the lead, a deep dive into the stories and moving markets from industry veterans and insiders. .oday our focus is on shale colombia's state-controlled oil company is looking to add refinery conversion capacity as it seeks to increase exports. to a ceo aboute the companies plan to boost production and reserves. filipe: in terms of reserves, there are four things we want to do. , increasing the recovery...
45
45
Mar 5, 2019
03/19
by
CNBC
tv
eye 45
favorite 0
quote 0
rachel: this is david. david: hi. i'm david. hello. athena: hi, david. lemonis: the goal here was to have athena take rachel through the commercial baking process, for her to see the efficiency and how the cost could be lower. but instead of rachel having an open mind and learning... rachel: i use fresh eggs, so i don't know if you -- athena: eggs come pasteurized in boxes. rachel: oh, oh, no. so, we use the fresh, and we have a machine that cracks them all. lemonis: ...she's arguing about the eggs... rachel: i have tried those eggs, and they don't taste as good. athena: no one will taste the difference. rachel: all right. we'll see. we'll see. lemonis: ...and the butter... rachel: i use salted butter, by the way. athena: you do salted butter? we're gonna get rid of that. rachel: no, it makes it so good, i'm telling you. athena: but you don't want to add that to -- you can control it. rachel: i know! i add it, too. i add salt, too. lemonis: ...which doesn't sound very constructive to me. athena: we're gonna do two versions of this. lemonis: we're gonna d
rachel: this is david. david: hi. i'm david. hello. athena: hi, david. lemonis: the goal here was to have athena take rachel through the commercial baking process, for her to see the efficiency and how the cost could be lower. but instead of rachel having an open mind and learning... rachel: i use fresh eggs, so i don't know if you -- athena: eggs come pasteurized in boxes. rachel: oh, oh, no. so, we use the fresh, and we have a machine that cracks them all. lemonis: ...she's arguing about the...
112
112
Mar 18, 2019
03/19
by
FOXNEWSW
tv
eye 112
favorite 0
quote 0
asman. >> david: >> david: thank you for having me. "bulls and bears" at 5:00 p.m. jonas is on quite a bit. specious somebody tweeted, "what are you all always yelling?" because we are excited! >> kennedy: at this point commit three hungry. >> dagen: we are back tomorrow at noon eastern. right now it's all about harris faulkner. erica mares. spew and thank you, dagen. we begin with a bumpy start for beto and a big thank you for democrats. why is he reading so much cash customer thesis "outnumbered overtime." i'm harris faulkner. former democratic congress cond beto o'rourke worked his way across iowa over the weekend. already, he has found himself in some hot water for some missteps. present and past. his writings from his teenage years, and jokes he made at his wife's expense saying she has been raising their three children "sometimes with my help." >> not only will i not say that again -- [laughter] but it will be much more thoughtful going forward in the way i talk about our marriage and also the way in which i acknowledge the truth
asman. >> david: >> david: thank you for having me. "bulls and bears" at 5:00 p.m. jonas is on quite a bit. specious somebody tweeted, "what are you all always yelling?" because we are excited! >> kennedy: at this point commit three hungry. >> dagen: we are back tomorrow at noon eastern. right now it's all about harris faulkner. erica mares. spew and thank you, dagen. we begin with a bumpy start for beto and a big thank you for democrats. why is he...
33
33
Mar 14, 2019
03/19
by
BLOOMBERG
tv
eye 33
favorite 0
quote 0
david: the stock is up 200%. jean-paul: more. [laughter] david: ok. jean-paul: 400%. david: 400%. while. -- wow. that is pretty good. jean-paul: it is not finished. [laughter] david: the market cap is $140 billion. what was it before this? jean-paul: four times. david: people are happy when the usual products? jean-paul: it is important because we are convinced at l'orÉal that it is a great industry. it is a great job. you make by creating beauty products, make people more happy, better self-confidence, self-esteem. it is a very positive thing. ♪ ♪ david: let's talk about some of the things you'd did. one thing you have been focused on is gender equality. jean-paul: two thirds of the employees at l'orÉal are women. , 50% of% of the board all management. so we are doing everything. david: some of your major competitors, very good companies like estee lauder. jean-paul: i heard about them. [laughter] david: the ceos are often men. the people in charge of duty products are men. does that strike you as unusual? jean-paul: it will change. it was in the beginning more men. yearste
david: the stock is up 200%. jean-paul: more. [laughter] david: ok. jean-paul: 400%. david: 400%. while. -- wow. that is pretty good. jean-paul: it is not finished. [laughter] david: the market cap is $140 billion. what was it before this? jean-paul: four times. david: people are happy when the usual products? jean-paul: it is important because we are convinced at l'orÉal that it is a great industry. it is a great job. you make by creating beauty products, make people more happy, better...
59
59
Mar 3, 2019
03/19
by
BLOOMBERG
tv
eye 59
favorite 0
quote 0
[laughter] [applause] david: well, ok, i -- [applause] david: i have one here. i have my iphone here actually. and i do use it and love it. and one time, you and i were in china, and i could not work something and i asked you to help me, and you said, look, i don't normally do tech support. [laughter] david: but you were nice, and it did work. you came out with the apple watch not too long ago. why was it called the apple watch and not the iwatch? because you have iphone, ipod, ipad, why not iwatch? did you ever think of that? or? [laughter] [applause] tim: well -- david: i'm sure you must've thought of it. i'm sure it's not a novel idea. but i'm just curious. tim: it was something that we thought of at the time. david: so it was not a crazy question. tim: no, it wasn't a crazy question at all. david: how come apple watch won out? tim: well, i kind of like apple watch, what you think? david: well, you are the ceo. [laughter] david: the ceo says something. so how are they doing? tim: they're doing fantastic. cellular is now on the watch. you don't have to travel
[laughter] [applause] david: well, ok, i -- [applause] david: i have one here. i have my iphone here actually. and i do use it and love it. and one time, you and i were in china, and i could not work something and i asked you to help me, and you said, look, i don't normally do tech support. [laughter] david: but you were nice, and it did work. you came out with the apple watch not too long ago. why was it called the apple watch and not the iwatch? because you have iphone, ipod, ipad, why not...
60
60
Mar 14, 2019
03/19
by
BLOOMBERG
tv
eye 60
favorite 0
quote 0
david: welcome to "bloomberg daybreak." news today.with the i have someone from ge here, is athey call it as 2019 reset year. they are trying to clean everything up, focusing on the industrial free cash flow. alix: now it is down by .8%. if you believe this is the worst it is going to get, having profitability, that might not be bad news. david: that seems to be exactly what they are saying. we look forward to 2021. although they still have the power unit issues they have to work through. alix: opec in its monthly report, they are urging oil producers to prevent the return of surplus this year. it has been a battle in the last couple of weeks between president trump and opec producers. president trump says, relax, we do not want higher oil prices. and opec hitting back and saying we do not want to prevent a surplus. we see a lot of supplies in the u.s. not -- in the u.s., we are brimming with supplies in the u.s. beessence, they are going to cutting to bump up the price. david: how much can they control production when they
david: welcome to "bloomberg daybreak." news today.with the i have someone from ge here, is athey call it as 2019 reset year. they are trying to clean everything up, focusing on the industrial free cash flow. alix: now it is down by .8%. if you believe this is the worst it is going to get, having profitability, that might not be bad news. david: that seems to be exactly what they are saying. we look forward to 2021. although they still have the power unit issues they have to work...
52
52
Mar 26, 2019
03/19
by
FBC
tv
eye 52
favorite 0
quote 0
david: we wish him the best. you said attorneys like him, according to "wall street journal," mark geragos was a co-conspirator in the nike ordeal. birds of a feather? >> you know it will be really interesting to see if there is truth to that allegation. if is is mark geragos, unfortunately sometimes about world of criminal defense, you can get sucked to what your clients are doing, around than maintaining integrity went the defense world, it is really unfortunate to see people because everyone deserves a defense, they are afforded due process, but what you become like some of your clients that is what trouble starts. david: jenna ellis thank you, ♪ limu emu & doug look limu. a civilian buying a new car. let's go. limu's right. liberty mutual can save you money by customizing your car insurance, so you only pay for what you need. oh... yeah, i've been a customer for years. huh... only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ bill's back needed a afvacation from his vacation. an amuseme
david: we wish him the best. you said attorneys like him, according to "wall street journal," mark geragos was a co-conspirator in the nike ordeal. birds of a feather? >> you know it will be really interesting to see if there is truth to that allegation. if is is mark geragos, unfortunately sometimes about world of criminal defense, you can get sucked to what your clients are doing, around than maintaining integrity went the defense world, it is really unfortunate to see people...
75
75
Mar 14, 2019
03/19
by
BLOOMBERG
tv
eye 75
favorite 0
quote 0
david: wow. the highest calling of mankind, as i said. 1980's, thisthe was the moment when private equity was first hitting mainstream america. businesse of every magazine and i thought how incredible the opportunity to reshape business is in a very profound way that was not being done in public markets. david: in those days, people who went to harvard interested in business would often go to harvard business school or another business school. did you think about that? ken: i did. i called harvard business school .- i want to go here i took sophomore standing my first year. , youu pass enough ap tests can complete your degree in three years and i wanted to go right to business school. harvard business school said no, you have got to go work, you cannot come here until you have had your two years of work experience. of the answer is i actually wanted to go to harvard business school and was denied. david: you and warren buffett both did not go into harvard business school. ken: that is a fair way
david: wow. the highest calling of mankind, as i said. 1980's, thisthe was the moment when private equity was first hitting mainstream america. businesse of every magazine and i thought how incredible the opportunity to reshape business is in a very profound way that was not being done in public markets. david: in those days, people who went to harvard interested in business would often go to harvard business school or another business school. did you think about that? ken: i did. i called...
74
74
Mar 9, 2019
03/19
by
FOXNEWSW
tv
eye 74
favorite 0
quote 0
david? david: thank you very much susan shows joining the panel president trump touting soaring stocks under his watch but democrats say it started under barack obama's watch so who gets the credit for the bull market and can it keep going here to discuss benchmark investments managing partner kevin kelly, wealth management president rebecca walser, forbes media editor in chief steve forbes and susan li is back with us. she's right here as well. so, steve whose bull market is it anyway? >> it's everyone's bull market. it began in march of 2009 when the regulators got off the back of the banks in terms of forcing them to artificially markdown their capital, companies have gotten their acts together and then the last two years, deregulation and tax cuts have really given it a boost. david: well rebecca the great thing we've had in the past couple of years is that it's based on real economic growth so often during the obama era, we would get some lousy economic stats but the market would keep g
david? david: thank you very much susan shows joining the panel president trump touting soaring stocks under his watch but democrats say it started under barack obama's watch so who gets the credit for the bull market and can it keep going here to discuss benchmark investments managing partner kevin kelly, wealth management president rebecca walser, forbes media editor in chief steve forbes and susan li is back with us. she's right here as well. so, steve whose bull market is it anyway?...