♪ emily: welcome to "bloomberg technology." i'm emily chang in san francisco. over the next half hour we look at our biggest interviews in this unprecedented year. the tech sector seemed to do what it did best, adapt. 2020 themes are all about work from home and play from home. the covid cloud brought the silver lining to videoconferencing, food delivery and online gaming. with more people stuck inside, netflix has seen subscriber growth soar. we caught up with the co-ceo and cofounder reed hastings to talk about how netflix will continue to meet the moment. reed: our culture is built around flexibility instead of efficiency. we have very few rules. we are inventive. we are on the edge of chaos. that happens sometimes, but that helped you adjust. we had to do a lot of adjustment, coming from dvd by mail in the u.s. to then doing streaming of other people's television, rerun tv, to then figure out after break into original series and later, original movies, and how to expand around the world. so now, about two thirds of our members are not in the u.s.. so a big,

emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up in the next moderna hour, clears another approval and is applying to the fda for approval of its vaccine. the first doses could be available by december 21. the cofounder and chair will be my guest. plus, as covid cases continue to spike, facebook is stepping in with a new initiative. to ease the toll the virus is taking on families going into the holidays. one of the longest running employees at facebook, the product head, will tell us all about it and how the company plans to fight continued covid and political misinformation. the former economic council director gary cohn urging congress to pass more stimulus now. a sneak peek of my wide-ranging interview for studio 1.0 on everything from bitcoin to spac's, coming up. u.s. stocks fell from records as investors weigh the prospects of risk. after a blistering month-long rally. let's get a better look at the markets with abigail doolittle. zoom video just reported after the bell. abigail: shares modestly lower in the after o

emily: i am emily chang in san francisco and this is "bloomberg technology." coming up in the next hour, wishful thinking, meantime ai lender upstart pops 30% out of the gate. we will talk to both ceos on the first day of trading. plus, the retail landscape could be transformed for good post pandemic. longtime e-commerce investor joins us to share her take. free speech, privacy, and data sovereignty. these are the pillars touted by the ceo of parler. it became a magnet for conservative users. is the momentum keeping up? all those stories in a moment but first u.s. stocks rising on speculation that lawmakers are getting closer to a stimulus deal aimed at reviving the national economy. we have more from new york. president-elect biden just told reporters he doesn't think a deal will happen tonight. we will get a live update from capitol hill in a moment. how does this play out on the market? >> you saw the stimulus back and forth, will be or won't we get a deal, it did weigh on sentiment today, as did the federal reserve. crude oil and the s&p 500 did end slight

emily. emily: absolutely. an incredible rise. abigail doolittle, thank you so much for that breakdown. talking more about vaccines now, u.s. officials say they will have enough covid-19 vaccine doses to let most americans get inoculated by summer. the trump administration is downplaying reports that it passed up a chance for more of pfizer's shots. the u.s. signed a deal for 100 million vaccines, another for 50 million people. the u.s. also has agreements in place with moderna, astrazeneca, johnson & johnson, and others. we are joined by michelle cortez. big news for pfizer today ahead of the meeting later this week. we got a staff report that says the vaccine is safe. what can you tell us? we aree: well, what seeing is the details of the test trials. in terms oficulous how people responded to the vaccine across different age groups, across different ethnicities, across different comorbidities. and honestly, emily, everything looks great. efficacy across the board, every group they looked at. serious virus infections were very lo

emily: i am emily chang in san francisco and this is "bloomberg technology." coming up in the next hour, multiple states had google with -- hit google with another lawsuit accusing the search giant of using its dominance to steal content and start of its competitors of traffic. one of the many attorneys general behind the suit joins us this hour. the fda is on the cusp of approving the second covid-19 vaccine. health regulators have been meeting with moderna this hour as cases continue to search and war debts are being reported for date than ever. today -- today than ever. another busy week for tech ipos. a longtime tech investor also an investor in the new public retailer wish. he will weigh in on the first big tech company to fall below its ipo price in a moment but first, u.s. stocks notching a solid game to close the year and we are getting breaking news that a committee of independent experts at the fda at voted to approve moderna's vaccine. they have been meeting with moderna executives all day long and this committee recommending that the fda approve mo

emily. hello, emily. >> emily: hello, you all. on my naughty list, heading it up is congress. for their continued incompetence and inability to compromise on behalf of the american people. there is not enough coal for that hill in my opinion. in terms of the nice list, hit heading it up for me as every small business owner out there and their families including and especially my dad. that's him behind the counter of our winery. may santa and congress bring you all everything that you need. >> greg: when are we going to you or winery? >> emily: any time! you are always welcome. >> greg: yeah, right. sorry, jesse. >> juan: i can attest to the quality of that wine. it's quite good. >> greg: jesse, speaking of wine, what's your naughty and nice list? >> jesse: my naughty list is hunter obviously. my nice list, jesse watters tops that. we will begin with hunter. it's obvious from the escorts to the strippers to the sex trafficking to "the drudge," bullfighting of the child support, he basically was responsible for getting donald trump impeached with his shenanigans in ukraine and m

♪ emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up, another monster tech deal is official. salesforce agreed to buy slack for $27.7 billion in cash and stock. we will have details and reaction. plus, a new mandate from nasdaq. companies must have at least one woman and one underrepresented minorly on their boards. -- minority on their boards. and an ev maker just finished a plant in arizona. we will get a picture of supply and demand with lucid ceo. stocks hit records on renewed stimulus talks and covid vaccine progress, and as i mentioned, salesforce saying it will proceed with plans to buy slack for $27.7 billion. -- with more is abigail doolittle. what are we seeing right now? -- both both failures shares are down. salesforce.com is certainly down, as the acquirer. it had been predicted that they would buy slack and lo and behold. and7 billion in cash stock. some are wondering about the cash. salesforce has a lot of cash. the big thing to look at is the fact that the sales fourth ceo has made more than 60 acquisitions in

emily: i am emily chang in san francisco. this is bloomberg technology. the u.k. becomes the first to approve a covid vaccine. how did they beat the u.s.? we will have more on when you and your kids can expect to shop. also, the bigger work from home darling, zoom reports revenue up 367%. why did the stock plunge 15? amazon partners with an old text stalwart. that is blackberry. how they plan to revolutionize tech. those stories in a moment. the u.s. stocks posting another record high amid news of new stimulus talks. they are progressing with a plan to pass by the weekend. abigail doolittle has more on that. also, i know you have been following the latest earnings results out of snowflake. shares down after hours a bit. this is a big test for them after their blockbuster debut. abigail: it is. lots of big movers relative to earnings after hours come snowflake being one of them. with snowflake, what you are referencing is that huge ipo, biggest ipo of the year back in september. this is their first quarter as a publicly traded company, so they are finding out what

♪ emily: welcome to "bloomberg technology." i'm emily chang in san francisco. over the next half-hour, we will look back at some of our biggest interviews in this unprecedented year, 2020. while a global pandemic created tidal waves of uncertainty, the tech sector seems to do what it does best -- adapt. we begin with the tech companies that made it to the public in 2020. while the covid-19 endemic slams the ipo window shut at first, momentum shifted and brought a flurry of public debuts by fall. >> we started assembling our institutional ownership a little over a year ago, so this is not something in the last couple of weeks. we had people buy into it in the january, february timeframe. >> if you are playing the long game and build a durable, sustainable company, it's not about the first day are first few days of trading. it's about quarter after quarter of deliveries so you can deliver on shareholder value and go after the market. >> we were very focused, especially in the past four months and understanding what's happening during covid, whatever is happening

. ♪ emily: i am emily chang in san francisco. a nation on virus alert, california imposes stay-at-home orders as icus filled to capacity. a report on pfizer's vaccine rollout rattles the markets. the renaissance of the pc, fourth quarter shipments are up year-over-year. we will talk to him about what is ahead for 2020. he is the amazon executive who resigned over what he called vein of toxicity running through company culture. those stories in a moment but first, tech earnings trickling out today. abigail doolittle is with us. abigail: there was some action later in the day. another sleepy day for much of the day for stocks. record highs for the s&p 500 and the nasdaq. news came out from pfizer, another headline that pfizer, the doses they will be able to provide for this year expected to be half of what had been anticipated. when the headline came out, it read very bearish. stocks initially took a leg lower. the s&p 500 going down three tens of 1%. a decent intraday move. the s&p 500 finishing down for the first time in three da

♪ emily: i am emily chang in san francisco and this is "bloomberg technology." on the cuff. joe biden on the verge of clinching enough electoral college votes to officially win the u.s. presidency. this as size of stimulus emerge, and right on time. new york city nears the threshold for another shutdown. u.s. at risk. evidence russians just pulled off the most sophisticated and largest hack of u.s. government agencies ever. what they may have taken and how. cooling-off. the red hot airbnb and doordash ipo stock prices of last week falling off, as analysts assess their value. we will talk to ron conway of sb angel, also an early backer of both companies. the first u.s. stocks fell for a fourth day as investors wait for a stimulus to become a reality. that mixed with the likelihood of a second new york city shutdown painted a bleak picture. give us a roundup. >> earlier in the day, there was a very bullish tone and optimistic tone may be set last week by those ipo's you are talking about. by the end of the day, both of those stocks falling. a bit of a pull back on friday as we

♪ emily: i'm emily chang in san francisco, and this is "bloomberg technology." coming up, another monster tech deal is official. we will have details and reaction. plus, a push for diversity and new mandates from nasdaq. the company has at least one woman and one underrepresented minority on their board. we will hear from the head of west coast listings' jeff thompson. lucid's desert oasis just finished a listing in san francisco. we will get a picture of supply and demand with first, u.s. stocks started the month off by hitting records on stimulus talks and covert progress. salesforce says it will proceed with plans to buy lack for $7.7 billion -- to buy slack for $7.7 billion. slack prices up, salesforce had dropped. what do we see after hours? abigail: both shares are down. the idea that salesforce.com would buy slack, now lo and behold, that is happening. as you mentioned, 27 point $7 billion in cash and stock. some are wondering about the cash piece. salesforce.com does have a lot of cash, so using it here for this deal, and i think the bigger thing to take

♪ emily: welcome to "bloomberg technology." i'm emily chang in san francisco. we are looking back on our biggest interviews of the year this week, a year unlike any other. while a global pandemic created tidal waves for many companies, the tech sector proceeded to do what it doesn't best -- -- what it does best -- adapt. 2020 brought not just a virus but the deaths of two african-americans at the hands of police, ringing a -- bringing a groundswell of protest. some of tech's top leaders took a stand, saying black lives matter. but the devil is in the details. facebook's latest diversity shows the company has struggled to increase black .epresentation we spoke with maxine williams about the challenges that remain. >> what you will see is that we have been able to increase women in technical roles 15% to 24%. we have been able to increase women in non-technical roles and even black people in non-technical roles in the same period. hispanics, 11 percent, but in technical roles, black and hispanic people, these are where we have struggled most. we have taken a mult

♪ emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up, the fda, a second covid vaccine officially saying that the moderna shot is safe and effective. this comes as the u.s. surges past 200,000 cases per day. online retailer wish prepares to go public as at&t and doordash pullback again. dick costolo joins us for his take on investigations and a new investment in health tech. first, u.s. stocks climbing today. senate majority leader mitch mcconnell congratulated president-elect biden for the very first time publicly and is meeting with house speaker nancy pelosi has a stimulus package as we speak. abigail doolittle has more from new york. how did the markets respond to optimism around a new package? abigail: a new package and moderna's vaccine. the fda has found their vaccine to be safe and effective. the bullish stocks trading up 3%. it's best day in three weeks. the nasdaq 100 finishing up almost as much. star sector technology today, apple up today, the best day in two months. on an unusual report, nikkei, which tends to be b

. ♪ emily: i am emily chang in san francisco. this is "bloomberg technology." airbnb and doordash boost price ranges ahead of their public debut. doordash valuation would be double were rated in june. we take a look at how investor appetite is shaping up. slackalesforce and catalyze a wave of consolidation in software. slack will be to salesforce what instagram was to facebook according to one analyst. apple planning a new set of chips to outperform intel, what it means for the next generation of macs, and more. monday in adropped surge of cases of covid-19. we expect to hear more about vaccine distribution as state start to outline doses, how many they will get and went. abigail doolittle with the latest on how it played out in the markets. >> emily, it was an interesting day. recent mondays we have had big gains on positive vaccine news. this week the vaccine will start to be distributed in the u.k., some expectation it will happen here next week. a down day for some of the indexes, the cyclical indexes. we had strength and the nasdaq 100 and other tech heavy

emily: i am emily chang in san francisco. this is "bloomberg technology." lawmakersan group of propose a $908 billion stimulus package. president-elect biden saying it is just a down payment. this as a new stay-at-home order is issued in san francisco and other bay areas. [no audio] year. the start of the he will give us a report card on how remote learning is going across the nation. of ceo says he is sick talking about microsoft. he joins us to talk about salesforce and the deal and plans to spell -- dispel the myth the competition had anything to do with it. reiterating the new stay-at-home order in the san francisco bay area taking effect january -- sunday through january 4. it is different from intensive care thresholds. businesses will be taking a hit with new restrictions and workers still looking for relief from washington. there were good signs today that lped smooth thehe markets. it meansoolittle, closing all dining and gatherings with anyone outside your home through the holidays. as a san francisco resident, this will be happening as of sunday.

he said emily, it's time. i said okay. >> she says lou began to set up the cleaning equipment for the pool a few feet away from the workshop. >> he said you're going to wait inside the shop with the little one. i said okay. so i gave trish a hug on the diving board and i started crying and she said why are you crying? i said because i'm going to miss you. and she said it will be okay. >> then emily took the toddler. waited inside the workshop where there were some new kilt tttens >> a few minutes go by and there is a splash. there is a little scream. >> a little bit of a scream. >> uh-huh like a shreek and then lou came in and he was panting or out of breath and looked sad and arms were wet. >> she says lou gave emily a critical order. >> wait 20 minutes and then go out there. make sure you and the baby jump in so that you're wet and call 911. >> so we went and played with the kittens in the shop and i waited. it was fwas an agonizing 20 min >> trying to entertain the little girl. >> knowing trish was outside.

♪ emily: i am emily chang in san francisco and this is bloomberg technology. upstart pops 30% out of the gate. we will talk to both ceos on the first day of trading. the retail landscape could be transformed for good post pandemic. longtime e-commerce investor joins us to share her take. free speech, privacy, and data sovereignty. these are the pillars touted by the ceo of parlor. it became a magnet for conservative users. butough stories in a moment first u.s. stocks rising on speculation that lawmakers are getting closer to a stimulus deal aimed at reviving the national economy. we have more from new york. president elect biden just told reporters he things the deal will happen tonight. -- thinks a deal will happen tonight. >> you saw the stimulus back and sentimentweigh on today, as did the federal reserve. crude oil and the s&p 500 did and slightly higher but stocks did drop initially after the federal reserve did not change its bond buying program and did not extend the majority. treasury -- that initially lifted treasury yields in the dollar. -- and the

emily, how are you? emily: i am well. give us the lay of the land. of softbank, we are talking about doordash. bear with us, as we have been dealing with breaking news on brexit. let's talk a little about doordash, this is a huge deal for you. you have been on the floor at softbank and made a big bet on doordash in the early days, and look at it now, a $60 billion company. what is your reaction to the debut, and that big number, given that they raised $16 billion only six months ago. jeff: it is a great day for doordash and other constituents, the smalls, businesses that are struggling in the face of covid to keep their does open. it is good for business come investors and employees, so overall a really good day. strong market receptivity with a lot of news coming out across the world, so overall, really good day and important testament to the power of the softbank platform and the vision of investing in next generation technology companies, led by fantastic ceo's like tony. tony: talk about how stands out from other entrepreneurs you have invested i

said, emily, where are you? i'm detective goodwyn, you need to come home. >> i showed up and they came out and i just about fainted and goodwyn had to practically carry me into the house because i was terry fight. >> what did they tell you it was all about? >> i don't remember. i remember i didn't tell them anything. >> lou was continuing to compel the officers by not giving up his name. >> castro's if i can ger prints didn't show up. after a six hour interview, he didn't crack. after the search warrant, tennessee trip we came back to wichita, partly happy because we had arrested lou castro but we still didn't know who he was at that point. >> when castro pleaded guilty to i.d. fraud and was sentenced to two years in federal prison, goodwyn believed that was a ploy to evade serious charges. seven years after opening up his investigation into angels landing, he set off to the place he believed lou castro's criminal journey began. and at last found castro's true identity. >>> coming up, the discovery that would br

♪ emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up in the next hour, airbnb shares closed down 4% a day ever going public. we will talk about this sky-high valuation and the tech industry in general, with the cofounder of linkedin and partner in greylock. plus, makeup talk. renewed calls for facebook to break off whatsapp and instagram. we will talk about what is at stake for mark zuckerberg's social-media empire. vaccine rollout -- we are awaiting approval of the pfizer covid-19 vaccine. the company expects americans to be inoculated very soon. tech stocks fell on the s&p 500, after a record day yesterday. want to get to katie einfeld in new york could airbnb pulling back a little bit which we have been watching with great fascination. breakdown the day for us. vibe: there was a risk-off to trading today, but a bright spot was disney. it had a banner day in markets after the company projected that disney plus global subscribers could hit 260 million by an by 2024. for,-- for context, netflix has 200 million subscribers. sha

♪ emily: welcome to "bloomberg technology." i am emily chang, in san francisco. coming up in the next hour, what may be the biggest hack on the u.s. and history is still unfolding. even microsoft on the finger types -- the fingertips. brad smith is joining us and what he is calling a moment of reckoning for companies around the world. google is now the target of multiple lawsuits at the u.s. states and federal governments. experts say that the burdens of truth are high. what are the chances that the world's largest search engine could be broken up? the popular dating app bumble joins the ipo craze. first, lawmakers are still wrangling over a stimulus bill and talks are likely to continue into the weekend. cases of covid-19 are spiking across the country. anifornia has just issued emergency alert, urging bay area residents to stay at home. this has triggered a mandatory shelter-in-place. i went to get straight to bloomberg's abigail doolittle to marcus through the market moves of the day. rbc, all eyes are on the stimulus. abigail: all eyes are on the stimulus. a

>> emily: sure she does. we can have an inductive action taken by the university which essentially means opening up her spot backup. i would say baked into the fabric of how we operate as americans is the concept of rehabilitation. that's why in law we have and dates to sentences. that's why we have restitution and recompense and the opportunity to cure. the punishment should fit the crime and why there are consequences for behavior and then it's over and done with. i don't understand the people, to marie's point, who advocate for criminal justice reform and also advocate for lifelong cancel culture. to jason's point, minors. there should be a different approach to social media ownership that europe takes versus us. i wholeheartedly agree. back to the university, the fact that it's a public institution. tax dollars from this poor girl's family that goes to pay for it is how they can deny her admission to character basis. i can see the cheerleading squad doing that but for them to do it it's cancel culture rid

emily: ok. so if you can share any more details about capacity, are there any particular ingredients that are in, let's say, short supply? or do you have everything you need to get to that 750, may be one billion doses based on what you see right now? noubar: based on what we see right now, and the volumes we withalready committed to the governments that have already preordered a vaccines, and that we see -- that we foresee ordering in the future, we certainly have the supply chains in place again. let me commend of the close collaboration with our colleagues who played an important role in securing some of the key items we needed with making sure we get it in a timely way. i think the system is in place. of course, there may be disruptions, there may be surprises. right now, i think certainly the 200 million doses that i -- that have been secured by the u.s. government, and whatever we foresee for the rest of the world, we are in a pretty good position to make. the key supplies are being secure

♪ emily: welcome to "bloomberg technology." i'm emily chang in san francisco. looking back at our biggest interviews of the year this week, a year unlike any other. while a global pandemic created tidal waves of uncertainty for many companies, the tech sector seemed to do what it does best, adapt. one of the company crushed hardest by the pandemic was uber, as commuting halted and ridesharing stalled. it's not the first crisis the ceo has had to navigate, he was an executive in the travel industry after 9/11. he described the pandemic as being more scary than the tax -- the attacks 19 years ago. >> i think the panic was financial in nature and found its way into everyday life and obviously a very negative way. theas deeply worrying as to financial institutions and how they would hold up. to some extent, what we are seeing now is the opposite. it is main street. corona has affected everyone's lives all over the world, almost instantly. it is moving so fast. the worry is, is it going to creep into the financial system versus the financial system creeping into the

emily: i'm emily chang in san francisco. this is "bloomberg technology." joe biden on the verge of clinching enough electoral votes to officially win the u.s. presidency. this as signs of stimulus life from congress emerge. and right on time. as new york city nears the threshold for another shutdown. plus, u.s. at risk. evidence russians just pulled off the most sophisticated and her -- perhaps largest hack of u.s. government agencies ever. what they may have taken and how. and cooling off. the red-hot airbnb and door dash i.p.o. stock prices of last week falling off as analysts assess their value. we'll talk to long-time silicon valley tech investor of s.b. angel, also an early backer of oth companies. first, u.s. stocks fell for a fourth day. the likelihood of a second new york city shutdown painted a bleak picture of the short term. we have more. give us a roundup. reporter: it's interesting. earlier in the day there was a very bullish tone, optimistic tone, maybe set last week by those i.p.o.'s were talking about. by the end of the day, big moves lower

emily: i'm emily chang in san francisco, and this is bloomberg technology. coming up in the next hour, airbnb and doordash boost their prices. the doordash valuation would be double where it raised funding in june. we will look at how investor appetite is shaping up. flag could salesforce and catalyzed a wave of consolidation. it will beevie says to salesforce what instagram was to facebook. planning a new set of chips to outperform intel. what it means in the next generation of macs and more. first, u.s. stocks dropped monday amid a surge in case of covid-19. we are expecting to hear more about the vaccine distribution as states try to outline the doses, how many they will get, and one. let's get to abigail doolittle with the latest on how it is played out in the markets. breakdown that and what is to come this week. abigail: an interesting day -- we have had big gains on positive vaccine news and this week the vaccine will start to be distributed in the u.k.. there is some expectation that will happen next week, but we had a bit of a down day in some of th

emily: former ai researcher at google. we will be following google's investigation into her situation. that does it for this edition of the show. this is bloomberg. haidi: a very good morning. we are counting down to asia's major market open. shery: welcome to daybreak asia. our top stories this hour. asia looks set for another cautious day as traders assess the chance of new stimulus in washington. the s&p 500 saw back to back losses. dow jones underperformed. pfizer's

this is bloomberg. ♪ emily: this is "bloomberg technology." i am emily chang. the mental health industry is receiving a lot of venture attention as companies recognize the remote workforces need support more than ever. one company seeing a spike in demand is modern health, a platform that provides mental health care solutions for employees. the company raised an additional $51 million in funding. joining us, co-founder and managing partner, dick costello. good to have you with us on the show. there are a lot of opportunities out there in health tech. why did you decide to double down on modern health? dick: first of all, i will backup. one of the greatest things having run twitter as scale is you see after you leave, some of ,our most amazing employees go and one of the great leaders in the product team at twitter ended up at modern health. we realized we needed to get to know the company. secondly, there is been a massive trend towards adding mental health as one of the benefits of corporate programs in addition to dental and vision, but like physical health,

emily: this is " bloomberg technology,'i'm emily chang. the ipo market is looking to go out with a bang, closing out with big debuts, doordash and airbnb preparing to go public with doordash upping its price range to reflect positive investor sentiment, potentially one of the biggest of the year. white, who has a $99 price tag. valuation over the summer, now a potential $35 billion market cap. i know it has grown, but is it worth that much? >> thanks for having me. of the lasthe time raising, between then and now, yes, the valuation has expanded, but the business has expanded even more. doordash grew revenues 268% year-over-year in the third quarter. in u.s.e largest player online food delivery, but is growing the fastest by a wide margin. technology investors generally will pay a premium for growth. it looks set to happen here with doordash. add, there'sould been a lot of investor focus and debate on will the valuations come back to earth on the others of the pandemic? to some degree, you will see growth rates normalize. strong,dash had a

what do we need, emily? what are the necessary elements to launch a special counsel investigation, and are we there yet based on what we now? >> emily: there would be a perceived or actual conflict of interest. i think the counterargument is, at this point, it is hunter that is in the sights, not president-elect joe biden. however, i agree obviously with senator cotton's point, and i think the reason why it's so important here is in part because we have had nothing from the president-elect. i think a statement by him would certainly go a long way in the form of leadership and acknowledgment if he says there is these investigations going on, and stand reassured the existing u.s. attorneys will remain in their post, they will maintain a neutral objective investigation, and that coupled with actually responsibility by the press might go a long way. no wonder everyone is clamoring for a special counsel. we do not trust the objectivity of this. we see that it is in the american's best interest to have this reserv

emily: hi. lemonis: how are you? i'm marcus. emily: i'm good. i'm emily. lemonis: nice to meet you, emily. emily: nice to meet you. hunter: hunter. lemonis: hunter, nice to meet you. do you love all these toys? emily: yeah. lemonis: what do you think about making it better? hunter: yes. lemonis: what do you think we should do to it? hunter: just decorate it better so that way it doesn't look kind of cheap, almost. lemonis: oh, it looks cheap? okay. at least we have an honest family member. and what do you think they sacrifice for you? hunter: a lot. dad worked a lot. he still does. mom still does. we never get to have family outings, not very often, anyway. ♪ lemonis: i'm marcus. laura: hi, laura. nice to meet you. lemonis: laura? laura: yes. lemonis: nice to meet you. jessica: jessica. lemonis: jessica. jessica: yep. lemonis: nice to meet you. do you guys work here full-time or part-time? both: part-time. lemonis: and so i know that we're just meeting for the first time, but mark and heidi and i ended up making a deal for me to help grow santa's toys, a

. >> emily: fat check. since they made the decision to move forward, they will do with anyway and maybe try something more futuristic like the cleveland avengers. >> greg: that is aggressive. very aggressive. >> dana: jesse, don't you want your team to be aggressive? >> greg: it is very mean. >> emily: jesse, what are your thoughts? >> jesse: no, it's not the end of the world and you name a mascot after a proud lawyer, they have the patriots, the cowboys, the vikings all named after white warriors and it doesn't offend me but if it offends the indians, that is fine. remember the indians were great warriors, brilliant tacticians on horseback and inspired fear among the pioneers in the west. so if you want to name some team jesse is a tribute to my great warrior spirit come i don't have a problem with that either. >> greg: the waters. >> emily: noted. next up here is a perfect metaphor for the catastrophic year that is 2020. this girl falling on ice in ukraine's capital getting a lot of attention online and r

are you ready, emily? emily: i'm so ready. good morning to you both. good morning to all of you viewers such an honor to be filling in for ainsley as always. 020 has looked a little bit different this year. so much to be thankful for. so much to celebrate, especially the three hours ahead with you will a of you. will: absolutely. you know, this christmas has been different. i think for herb watching right now. i know my family is scattered into the winds, we will do our best to be together. so things fall through the cracks, certain christmas traditions can go by the wayside. and as i understand it, what i'm told is, griff, you have let a very important one go by the wayside. what does your tree look like right now? griff: this is actually not different from years past. this is yesterday me and my daughter and dog rascal debating what to decorate the tree with. a lot of families have already decorated their tree by even thanksgiving. that is our beautiful skinny barron tree. and there is that silly hat i have got on yesterday. we are not going to rush

emily: i think so. it has been an amazing time for monitoring fiscal policies to see how well we can respond to crises when needed. wethe emerging-markets side, have seen more easing both on the monetary side and more companies and on the fiscal side than we have ever seen in reaction to other crises. there is more room to potentially even venture into spaces like quantitative easing, asset purchase programs, which were embraced by a lot of emerging markets. this is a net positive. there are mutuals that can be used in the em space. romaine: emily, always great to get your thoughts. emily weis over at state street. i want to get you caught up on what is happening in the u.s. on that budget bill. a one-week stopgap bill passed through the u.s. house. bills appropriations started in october. joe: great to see our politicians coming together to fund the government for one week. coming up, we moved to europe as the standoff between poland, hungary and the rest of the you and this o discussed the budget deal

emily is from paris. emlegally that lives in san francisco. >> i met up with emily in ireland where her grandparents live. and was in paris. then she was set to come back here in late march. and that never happened. >> yeah, never happened. >> reporter: when covid-19 hit, they weren't ready for countries to close borders and ban travel. the united states doesn't allow foreign visitors to fly in directly from the european union or other parts of the world, like china, where infection rates have been high. >> she was asleep when the news hit. so i had to wait a few hours before talking to her about it. >> for some reason, it didn't feel like an emergency. then it just kept going on and on and on and on. we didn't know when it was going to end. there's something about going through such a hard time and not be able to be there, and you kind of realize that there's a limit to what words can do. >> reporter: after six months, being forced to connect only virtually, the young couple had enough. >> all right, it'

>> emily: great points. jesse, remember when "huffington post" said they would only cover trumps campaign in the entertainment section be callebecause they called it a sideshow. >> jesse: i don't remember that because i don't read "huffington post." a study of swing voters, half of them have not heard of hunter biden. afterwards 10% said if they had heard about it they would've voted for trump. that's enough to have trump win. that's actually election interference. doctors don't hide bad test results from patients. financial advisors don't hide bad stock performances. the media hides bad news for democrats from their viewers. it's a cover up. they use these techniques. they use the word unsubstantiated, the word disinformation, using the first phrase conspiracy theory or they do a total blackout and deployed all these techniques with the hunter biden because it was a mortal threat to the joe biden campaign. it is sleazy totalitarianism. it's sanctioned by the parent companies of these big tech and media empi

>> emily: exactly right. at october in the presidential debate when kamala harris that i would be first in line when dr. fauci or dr. say we have a vaccine but she said i will not take it if president trump tells me to take it. cut to the clip you just played and like you just said, the vaccine hasn't changed, the pharmaceutical companies have been changed, operation warp speed hasn't changed. the only thing that will have changed as the president 's a role in that moment and his involvement in that moment. to me it does such a stark and startling example of how willingly these guys play politics with the vaccine when the entire time they were decrying the sitting president for operation warp speed, saying that was playing politics because he wanted it as fast as possible. >> jeanine: all right. coming up, joe biden getting the softball treatment and gushing about his interview afterwards. ♪ ♪ you're still the one ♪ that i love to touch ♪ still the one ♪ and i can't get enough ♪ we're still having

emily: it certainly is. in this world where we have the negative yield in countries, even yields on the emerging-market side, have become fairly compressed over the past six months or so. we do see that china has one of the highest spreads against u.s. treasuries, the emerging-market space. as noticeable -- noticeably as one of the countries that have not turned to policy during the covid pandemic, and has not loosened policy that extensively during the covid pandemic. yields are pretty high. that is juicy for investors who are looking to emerging markets for yields. there are some options there. china is one which surprises some folks. joe: one thing we have seen has cooled off a little bit, this incredible commodities industrial rally. whether you look at china or other em's in their state of recovery, is demand for commodities and demand due to the industrial rebound, in your view, going to stay up intensely for a while? emily: i think it will. we have seen the chinese led demand for particular copper due

>> emily: in part. i think science reflect that to begin with when in the initial studies we saw there wasn't discernible evidence delineating between outdoor and indoor dining. it's a bigger reflection of the incompetence that has plagued california for decades. as a lifelong californian, it breaks my heart to see for some reason the sky rocketing statistics. you throw a bunch of money at something and it makes the problem worse because it's not backed by a targeted, reasonable reason. we've seen it with homelessness, with lockdowns, pensions and budgets in bankruptcy. unfortunately to lisa's point, of course a hammer will see every problem as a nail. everything dr. fauci says of course will be with the biology and science in his view. it's the elected officials that failed to take into account the other ramifications, economics. starvation of livelihoods that occurred when they were making these decisions. the blame lies squarely with them. >> sean: california lockdowns break my heart too, emily. we h

emily, your last and you have 30 seconds. >> emily: you know my favorite author, and jesse i think he's yours as well, but the cast teaming up to save his home and turn it into the stoking literary center appear a ton of different ways to contribute. you can be an elf, wizard, a dwarf and the like can i have a certificate and look forward to visiting the center in the future. >> dana: and you are amazing too, we have to go, "special report" is up next, hey, bret. >> breaking right now, attorney general bill barr says he is out. offering his resignation to president trump. this is following two other historical developments today, the first the electoral college formally voting to make joe biden the 46th president of the united states. california bringing biden over 270 electoral votes to win peer that happened an hour ago. the normal routine event with ongoing challenges for president trump and of course the raging coronavirus pandemic. that situation is at a

emily, this is a woman who is seeking some attention and she's found it. are these claims believable do you think? >> we'll see. i think it's important to note that she's said once she came out publicly she was sort of barraged by a ton of texts and people reaching out that had encountered the same thing. former employees of governor cuomo. it remains to be seen whether they will go public as well. >> i've heard his staff tell people, watch your back in terms of crossing the governor, katie. what can we expect from miss boylin? >> sounds like he's in the business of retaliation against anybody that speaks out against him, which i'm sure is illegal in the state of new york for retaliating against those that complain about a work environment that is not exactly on par with how you should be treating employees. we'll see what is to come on the environment that cuomo has in his office. >> all right. so are you surprised that given how irresponsible the governor has been in terms of his covid responses, particularly with nursing homes, that he's getting accolad

usable musical >> emily: welcome back. right now a massive winter storm blanketing the east coast but sorry, kids, don't expect to get a snow day out of it. the grinch of new york city himself, mayor bill de blasio is leading the way in getting rid of them. >> yes, it's true, that is now going to be a thing of the past, even when kids are said home because of the snow they will still be learning and i'm kind of sad for the kids on the one hand. on the other hand we've got a lot of learning that needs to be done and a lot of catching up so it's the right thing to do. >> emily: literally, this is worse than tom cruise's yelling. greg, you and i didn't grow up with snow days but once you've had something how do you take away something that must have gotten those kids so stoked every year? >> greg: taken away. this to me is the strongest evidence of white privilege. anyway, you know what, the storm's name that we are having right now is gale which is very confusing because it's not homophone for gale, is just going to confuse

emily: it is a little bit of both. think we have finally gotten to the point where we can safely say all leaders want to make a deal, they have all said they will not be leaving the capital until an agreement gets done. at this point, it is the devil in the details and how much push they all feel from their respective constituencies. the upcoming christmas break is usually a very strong motivator for congress to get worked on. romaine: emily, how much is the white house involved in this? last time we had a big bill like this, the cares act, stephen mnuchin was pretty involved in the negotiations. it doesn't seem like we have heard from them much? emily: mnuchin has really stepped back. he said he was going to let majority leader mitch mcconnell take over his spot. and it makes sense. mcconnell is ultimately go to be the person to decide whether this goes to the senate floor, so you have seen republicans and democrats in both chambers work together, you have seen ongoing discussions into late last night, and early today