blackstone c.e.o. david eric.ng to staying in davos, the c.e.o. earlier at the bloomberg event from the world economic forum. the bank d about why is not counting out struggling european rivals, pay attention start-ups in the syntax space. recognize that digitization of bank suggest here to stay and accelerate. i use is the analogy 'm out in silicon valley meeting with fentech companies and the conversation in some evolved, a bit. i remember meeting four or five there in a tech person, young tech person sitting in front of me and sat the table and said i'm coming to eat your lunch old man. i'm not isten, dismissive, not dismissive at all. trademe you realliment to eight or nine times multiple, e'd love to have you in the industry. what i've seen, positive -- young happened to that person? michael: what's come from that is different approach. is think about that fintech company that has come up with technology and can bring to our million and touch 140 clients around the world in 100 scale them we can on day one. >> so you bought him? but el: we do

the c.e.o. of qual way japanese carmakers nisson mitsubishi say former c.e.o. conor schoolin improperly received close to nine million dollars from a jointly owned entity the company say they only recently discovered the payment gone who remains c.e.o. if they know is given credit for helping make a turnaround after creating a strategic partnership between the japanese carmaker and they know the payments are not part of the current criminal charges the foreman is c.e.o. faces in japan where he has been detained since november japanese authorities have charged him with financial misconduct. air pollution in large cities is on the rise and that's a driving factor seeing more and more urban centers shift to electric forms of transport including a chili's capital santiago it wants to improve its air quality and there are now one hundred such buses on the road the aim is to banish these all buses entirely. santiago de chile is chock a block with buses most of which run on diesel the toxic fumes they emit damage the environment and put people's health at risk but thi

clearly the c.e.o. signaling here by trying to change his name -- although they haven't -- they are trying to signal they want to be more than just a co-workering business. emily: all right. thanks so much. keep us posted. on the we company's evolution. last year, i.e.c. once mighty about.com got a new name dotdash. the rebranding took the site and transformed it into verticals range interesting health and food to personal finance. now it is taking on beauty. dotdash announced two new acquisitions, clinique's digital beauty brand, birdie, and women's lifestyle property, my domain. ed hammond sat down with the dotdash c.e.o. two discuss. >> i think what you see in beauty in particular is a lot of the other sites are just jumped up, too many ads, and too slow. we build sites who have fewer ads, great content, and fast. it's a very simple mix. >> concurrently, there's also some news you around dotdash becoming standalone and reports the numbers up. >> we have done pretty well. we started with the kernel th

strong words on bragg's there from one of europe's top business leaders air bus c.e.o. tom enders lashes out of brakes the tears he says are threatening thousands of air bus jobs in britain ender's says there are plenty of other countries who want to be build aircraft components. and slumping economies an ongoing trade dispute and don't forget brags that the global elite in davos may want to talk about the economy of tomorrow but the problems of right now keep getting in the way. i'm stephen beard symbol and thanks for joining us airbus boss tom enders had strong words today about what britain's divorce from the e.u. could do to his firm that in a video message to employees interest said that if the two sides can't come to terms that is if no deal brags it does take place the aircraft manufacturer could withdraw its operations from great britain have a listen. to this frightening to destroy a century of development based on education research and human capital it was a no deal breaker we have there both will have to make potentially very harmful decisions for u.k. decis

department of agriculture the c.e.o. of hunger free america joel berg joe i can't tell you how great it is to be with you and have you have you with us welcome to the show. thank you so much part so first off you know set the stage for us with regard to hunger in the united states where are we and are we making any progress before the government shutdown there were forty million americans that's about equal to the combined population of texas and west virginia that lived in homes they couldn't afford enough food were still double digits percentage wise higher in us. than they were in the late one nine hundred ninety s. in the height of the clinton era economic boom so even though the stock market has been rising over the last few years and settle down recently even though billionaire wealth has soared in america we still have forty million americans who don't always know where their next meal is coming from that doesn't mean they're starving like they would be in north korea or somalia but that doesn't mean they're choos

when productivity went up, the economy went up of the c.e.o. and workers. that changed over time because it was all about the bottom line. quarterly reports. and now the difference, disparity between the c.e.o. and workers is more like 350 or 400 times. most c.e.o.'s have already made what their workers will make working all year. some of them did it in the first few days of this year. senl within the first week. that is -- certainly within the first week. that is an immorality, indecent, and simple. and something we must work to change. [applause] our for the people agenda, which was our election and is our promise, and that is our agenda as we go forth. for the people to lower the cost of health care by starting to lower the cost of prescription drugs and preserving the benefits contained in the affordable care act. to expand medicaid as we have talked about. to consider all options. have us reach health care for all americans. to increase paychecks. lower cost of health care. building the infrastructure of america, to do so in a green way that honors our

c.e.o. elon musk was in shanghai for the ceremony to get construction started on its $5 billion factually. they didn't break ground in the traditional sense but he can was kicking off a new timeline. what is the timeline for this factory to come to fruition in china? >> it's very aggressive. they want to build this factory in 2019 and have model 3 production by the end of the year. the tremont plant was a plant they bought from toyota and g.m. this one they're starting from zero in terms of construction. emily: what will a china plant mean for tesla's business? will this really protect the company from political machinations? dana: that's the hope. it's significant because china is the world's largest auto arket. having sort of cooperation with the chinese government in the local provinces and the national government is a big boon for tesla. they obviously want to inflate themselves from import tariffs and it's cheaper for them to produce locally for that market than make them in the united

japanese companies nissen and mitsubishi say former c.e.o. qantas gone improperly received close to nine million dollars from a jointly owned entity the company say they recently discovered the payment no corn who remains c.e.o. of if they know he's given credit for helping me son make a turnaround after creating a strategic partnership between the japanese car maker and the final out of payments and not possibly the current criminal charges that the woman he sent senior faces in japan where he's been detained since november japanese authorities have charged him with financial means. and trying to land reclamation for the new poor city has been completed in the cash for the ambitious project when it came from china and it's an awful lot the largest single foreign direct investment in sri lankan history i have estimated one point four billion dollars now it's part of beijing's belt and road initiative a modern day silk road linking asia europe in the middle east but not everyone in sri lanka is convinced about the project. the port city has be

the disparity in income between the c.e.o. and the worker runs about 40%. and when productivity increases, everyone's pay increases, the c.e.o. and the worker. now it's about 350% to 400%. many c.e.o.'s earned more than their employees earned. in the first couple of weeks in january. certainly by now. 400 times the c.e.o. pay to the workers' pay. that has to end. we do not begrudge their success or wealth, but we don't want to see an exploitation in the work force in order to achieve that. that is part of our for the people agenda to reduce that disparity and increase the purchasing power that our workers have. secondly, we have to talk about our planet, the denial that some of are in denial. we know that the climate crisis is a crisis in many ways. first of all, it challenges the air of our children breathe, it is a public issue, clean air, clean water, air pollution. the pope called it air pollution. that drives it home. climate crisis, public health, climate health, crisis. our economic success to be number one globally in terms of technologies. challeng

when susan fowler called out the c.e.o. of uber, they're believing her and coming around her, they're changing the paradigm. we women are 51% to have the workforce, direct 85% of consumer spending, we control seven dollars trillion of investable assets, but somehow we got convinced that we needed the men to empower us. >> trevor: damn! >> damn! >> trevor: you got deep. thank you so much for coming to the show! ( cheers and applause ) sallie krawcheck, everybody! we'll be right back! thes( cheers and applause ) ♪ nothing like yesterday... trails are covered... paths aren't what they used to be... roads nowhere to be found... ♪ and it's exactly what you're looking for. ♪ each one is unique in their own way.sa. hot, mild, cheesy, and garlic. i thought it was a costume party. get together already, with tostitos. hey, darryl! hey, thomas. if you were choosing a network, would you want the one the experts at rootmetrics say is number one in the nation? sure, they probably know what they're talking about. or the one that j.d

but i understand social progress is incremental and having female c.e.o.'s in the arms industry is a big fat goodness you calling this progress we've made our own most as evil as men now so it was time for m.s.m. d.c. to profile these sales women of death with a beyond say song lyric to go up to the c.e.o.'s of four of the five biggest defense contractors are in fact women northrop grumman lockheed martin general dynamics and boeing's defense which is also america's least weapons negotiator the undersecretary of state for arms control and the undersecretary of state for energy for nuclear security also a woman she runs the world's largest nuclear stockpile who runs the world guns and girls with guns but mainly guns. but look at boeing defense executive leeann it's like she's not even looking into the camera but gazing like a proud mother at a b. fifty two that's tripping bombs on its very first village. this is horrifying. you find gender equality or a fine oh right no i don't see this as politico says is a watershed moment in history what you don't think t

after his arrest go in was discharged from baseness son and mitsubishi he remains c.e.o. and friend now. michael payne is president of the shin gets a news agency in tokyo but what it goes chances of getting bail his legal team has filed for bail at least all well yes they have filed for bail historically speaking his chances are very very slim. the the generally speaking in the japanese system of prosecutors ask a judge for something a judge almost automatically gives it and in this case the prosecutors are making it clear they want to hold him as long as possible and so he can apply for bail but he probably won't get it but there might be a surprise this is an unusual case so to new charges but is it any clearer of what he's supposed to have done wrong. the charges of what he's supposed to have done wrong are very strange in a sense that they don't seem so serious that would merit this very heavy handed treatment of him so for example in the case of his not reporting his pay or fraudulent on that on that issue basically that all revolves around money which go and had be

when susan fowler called out the c.e.o. of uber, they're believing her and coming around her, they're changing the paradigm. we women are 51% to have the workforce, direct 85% of consumer spending, we control seven dollars trillion of investable assets, but somehow we got convinced that we needed the men to empower us. >> trevor: damn! >> damn! >> trevor: you got deep. thank you so much for coming to the show! ( cheers and applause ) sallie krawcheck, everybody! we'll be right back! thes( cheers and applause ) ♪ look around. with artificial intelligence, we are not crawling or walking. we are flying. microsoft ai helps an architect bring history back to life. this is now. ai helps farmers grow more food with less resources. an engineer explores how ai can help the deaf see sound. innovation creates tomorrow, and tomorrow is here today. ever notice how hard it is to clean impossible kitchen and bathroom messes with wipes and spray cleaners? try mr. clean magic eraser. just add water, squeeze, and erase. mr. clean magic era

the c.e.o.'s of nissan and mitsubishi. >> we had absolutely no knowledge of this imimproper payment. we found the c.e.o., myself, none of us weree supposed to receive e any salary payments. we'll consider appropriate measures, including filing a civivil suiuit to claim damages. >> therereby formally y chard dh finanancial misconduct inin jap. hilalawyer has filed a a new request for bail after it was denied earlier in the week. more of the top business stories we're covering this year. ryan air issued a second profit warning. it now expects net profits of around one billion euros for the year in maximum. the irish low cost carrier said it sold more than expected but much lower prices. the company said overcapacity in the sector was to blame. the c.e.o. of treaty publishing stepped down weeks after a the company rejected a a takeover rom a a a rival pubublisher.. he wilill be replaced by knight. they include newspapers such as the "chicago tribune" by "new york daily news." the u.s. federal grand

c.e.o. of adam ash trading group will be with us to break it all down plus the world economic forum in davos switzerland has had some major speeches from national leaders we'll tell you about that and later perception oppressor of economics americans richard walt is back to talk about world economic health all that directly head but first to some headlines let's go. bad news for great britain on the edge of brecht's that leads our global report today is the united kingdom's main business savvy group warns of waiting optimism and sony corp in sandton their bank both announced plans to move jobs out of the u.k. the confederation of british industry or c.b.i. reports that in their latest survey of three hundred twenty six manufacturing firms that manufacturing expectations fell in q four to their lowest point since july of two thousand and sixteen and a summary of the results c.b.i. said business optimism in the quarter to january fell sharply with sentiment regarding export prospects dropping

the c.e.o. of wall way that in other news there appears to be some movement in the trade dispute between the u.s. and the european union now brussels says that it is prepared to get rid of industrial tariffs and tariffs on u.s. may cause the proposals are seen as the e.u. taking a step to president trump's dumond's as the offices would benefit the u.s. in particular. american industrial firms that export products to the european union will be the big winners that import duties are abolished as proposed by the e.u. . us firms currently pay a five point two percent tariff to sell their goods in the block in the other direction european firms pay a three point five percent import tariff to american tax authorities brussels plan would also see the end of june teas on cars and car parts an area in which american firms are disadvantaged they pay ten percent in tariffs while it is only a mere two point five percent on similar european goods. we are prepared to put our vehicle tariffs on the negotiating

in fact, the c.e.o. of oracle actually brought it up to president trump. >> yes, oracle and other tech companies have been fiercely to the way the pentagon has been handling this contract. they say the pentagon made the when they decided to award the contract to only one provider. in the industry suspect that amazon is still the rontrunner for the contract, but actually microsoft is seen as a solid second choice and has to have an upset here. they have extensive existing elationships with the defense department. this deal will help them but also recently earlier this year, another deal with the .c. to extend its cloud technology there and so, you know, we'll have to see where lands on this. i think at the moment, amazon is still looking like a frontrunner. what is the timeline, when is the d.o.d. going to decide? d.o.d. has decided has, announced previously that t was going to make a decision on this contract in april, but we're going to have to see stille tech companies are fighting it. oracle has filed

the company says demand has weakened particularly in china apple c.e.o. tim cook blames the trade dispute between the u.s. and china for causing some customers to avoid buying u.s. products but analysts say another reason is apple's pricing strategy while prices are dropping on many smartphones from other companies apple has continued to raise its prices the most expensive costing more than sixteen hundred euros but fewer customers are willing to pay such costs for their device. it appears tim cook strategy of looking to charge a high price to achieve high profits despite lower i phone sales has failed the development could sign the end of a success story that began twelve years ago. all right let's get more on this now with our financial correspondent yes quarter almost straight yes what does this cut tell us about apple. well a disability a perfect storm at the moment for paul because this revenue miss or that they lowered the expectations have been for the first time in fifteen years the stock is down since the highs of early october by around thirty e

c.e.o. giovanni for e o. has hyped six expected new term product launches from the new company markets seem not to be buying it as bristol myers stock fell more than twelve percent on the news trading around forty five dollars per share in new york while celgene stock price increased by more than twenty seven percent but look at that they're going from around sixty six dollars to almost eighty four dollars per share up one thousand bucks on that news before backing off a little down to about eighty two dollars just moments ago and turning to tech apple has cut their revenue projections citing reduced demand in china for their signature product the i phone china is apple's third largest market and accounts for about a quarter of the company's revenues apple c.e.o. tim cook said his company had been surprised by quote the magnitude of the economic diesel or is ation particularly in greater china referring to china taiwan and hong kong mr cook also cited rising trade tensions with the united st

then how to get as far as being awarded the prize prize came from c.e.o. . it went through their whole process it went through everything it is a robotic category involves robotics and also it was gone it went through the entire judging process and nobody said anything which just made. one of the things i think that that's interesting now is that ten years ago there wasn't this difference between. you know it's sort of adult toys there was an entire section of c.s. devoted to it it wasn't consider it this taboo subject it was just part of it and what they would do is have that and it would run in tandem with the adult entertainment expo and and everything it was all one big sort of. play with the right and you know one of the things that i think is really doesn't make any sense is that c.t.a. saying that this product which is in fact a robotic product it's an all female design team and they they took something to an all different level but the reason that it's about women's pleasure and women are in this to be pleasured and what i think we're going to see en

she's the c.e.o. of cory's cookies. juli works in lots of different projects down in the l.a. office. zoe owns a big chocolate company... lisa: hi, zoe. zoe: nice to meet you. lemonis: ...out of pennsylvania. lisa: i love chocolate. lemonis: ramona owns a hair-care company called ashtae. ramona: how you doing? lemonis: this is lisa. lisa s.: nice to meet you. lemonis: she's the owner of a giant pet-store chain. juli: so how's the process been? lisa: it's crazy. it's a lot of work and stuff to understand, that i don't understand a lot. zoe: i think it always takes time, and as you go, you figure it out. juli: and what's wonderful is that, like, you can literally call up to any one of us and say, "i don't know what the [bleep] i'm doing." ramona: we're just human and the uncertainty makes us all very nervous. lisa: yeah. i do that all the time. i'll be like, "i can't do this no more. the hell with this. i mean, i done walked out on stuff," but i don't stop because of my son, honestly. i really do this more for cory. ramon

japanese alliance after his arrest go in was discharged from both nissen and mitsubishi he remains c.e.o. of. the partial government shutdown in the united states has left more than eight hundred thousand federal government workers unpaid for nearly three weeks donald trump has so far been unable to agree with the democrats on border security and his proposed war with mexico it's not clear how much longer the government agencies will be closed but the costs are adding up. ah. several hundred government employees spray freezing temperatures in protest against the ongoing trump government shutdown for them this is not politics it's personal. i'm already on a pretty tight budget living in d.c. is very expensive affording an apartment in d.c. is pretty expensive and you know not knowing how long this is going to last i've really had to budget as much as i can and to say ok we're not spend anything for weeks at a time because every day i don't know when the shutdown is going to end i've talked to someone and i've asked them if i can get a loan for a mortgage if this doesn't i mean my mortgage

time not for a super fast break but stay cause because when we get back the c.e.o. of strong marker from your report which tells us about the wealthiest nations not including the u.s. and the poorest nations around the globe plus are to correspond to trinity as does the picture i would for a very special report. on the wealthiest zip code and on the other end of the spectrum archie correspondent dan cohen looks at the more unfortunate and analyzes poverty united states notably even here in the gilded capital that is going right here will be back in a flash. nobody could see coming that false confessions would be that in the spot place the fall of rich if you had any interrogations out there what you'll see is threat promise threat promise threat lie a lie a lie the process of interrogation is designed to put people in just that frame of mind make the most comfortable makes them want to get out and don't take no for an answer don't accept their denials she said therefore which. sat on the statement that i would be home by that time the next day there's a culture on a

c.e.o. headbutt d.s. even brought the outgoing governor of tennessee on stage to talk about is fond relationship with middle america. all this in the face of difficult and unresolved economic questions over tariffs and trade. two thousand. team will be another year of challenges for us in the face of all the worries involved local politics and economics. markets have been particularly jumpy when it comes to chinese cars in the back and forth over car tariffs g.a.c. was the only chinese manufacturer at the show and maybe this uncertainty that's keeping automakers away those who do choose to show are putting a brave face on it so i can't speak to the other brands i can speak for itself from when we have a commitment to the u.s. market and i think being in detroit which is the major auto show makes sense and products made here makes sense to be here. things are moving slowly at this year's detroit auto show. but at least they're not moving in reverse. some of the chinese car companies also say that the trade

and the c.e.o.'s electronics show in las vegas looks into the tech future despite the global trade dispute. it's time for business on the w how you know it's good to have you with us got to go on was considered a legend in the automotive industry seen as a visionary and credited with turning nissan into a powerhouse that was until he was arrested charged with financial crisis two months on he's now finally had his first hearing in court but his lawyers say it could be another half year before his case goes to trial. cameras ready they will waiting but carlos gone never had a chance to make his case to the media a police bus deliver to him to the talk your district court handcuffed and with a rope around his waist. was described as thin he is set to last more than ten kilos over his last two months in prison the charges tax avoidance and under reporting his salary and documents prepared for investors. and you knew coming out of the mr golan concluded his statement saying he is innocent and there was n

and that's one reason why the company's c.e.o. wants to increase production and its plant in south carolina. the american effort to tie the more value creation we do on site the less we have to import from our point of view and the result will be that the tariffs will have no effect in the future because the more we produce on location which trump wants the less tariffs are militarily. the german companies u.s. operations only account for ten percent of the company's total revenue but that will soon change demand is on the rise the company special aluminum is required in medical technology as well as in solar cells and cars. as a business update here at the w more coming up in the next hour thanks for joining us. what. does come up our house because her head look all shake shake you want to find mom. just. and. julie functions of the legendary school obama is not. the powerhouse celebrating it seventeen or twenty ninety. the christmas day. thanks to which search engine some internet problems early hundreds of millions of dollars.

benefits of having better health care and then saluting and no sort of price stabilization like these c.e.o.'s did these health care i mean their health insurance but it doesn't actually provide any insurance for health care so they're making forty million dollars a year but nobody in europe is and that's why as johns hopkins points out it's just