Whether, talking about the windex olympics getting underway. This story looks at the between northont and south korea because of the games. North korea is making the most of this little opportunity. If there were an olympic medal for freestyle propaganda, they are getting it. Julia what are the south koreans getting out of lists this . They will march their sports stars under a unified flag with the north. That is a big statement. That is what this story is about. Why would you be willing to do this . That was the question we posed because we think this is going to be shortlived. The games are going to happen and we will be right back to a different mood. Carol you have to think about it too, because it is a great sports story. Everyone walked choose likes to watch the Olympic Games, but it is also a financial story. South korea has paid billions in getting ready for these games. How do we make this a business story . There was a lot of Business Opportunity in this, and they are willing to put it all on the line with this decision. Carol it is kind of shocking, though. Go back a month. Thinking about the conversations going back and forth. Different tone. It came as a surprise to a lot of people and shows how strategic the North Koreans are being in putting a little wedge between the americans and south koreans. Julia but there is also strategy here for the south koreans. The North Koreans have managed to damage big events in south korea, we can go back to 1988 and 2002. Ticket sales have risen as a result of this and he would surely rather have some level of unity rather than the fear the North Koreans could disrupt it. Absolutely. We will wait to see what happens. Julia right, they still could. About thelso wonder north Korean Leader and if he is playing around with washington here. Is absolutelyt true. He has the olympics on his doorstep and is using that as a moment to get what he wants, which is more publicity. Julia and he really is. It is still expensive for the president. An incredibly popular president in south korea and he is seeing his popularity in the polls heavily damaged by this. 90 to 60 . Which shows the uncertainty around it from at home. Fascinatings a story. It is why we put it in the issue right now because it is the most important thing she people should be talking about. Maybe other than the games. Back to the financial story, we have seen north korea in the past, the 1998 Olympic Games in seoul and the shooting down of s a plane and the athletes were killed. South korea knows what north korea can do. Joel we can hope nothing happens, but they are doing this under a unified flag and that is something to watch. Julia from a global perspective, you mentioned the other night it United States, donte chinese are saying react to anything here, so it is a global problem. Joel many more geopolitical players involved. Julia from a Global Challenge to a globally challenged company, and that is ge. Our cover story this week. Joel it really encapsulates what ge stands for right now. Bastion of american corporate earnings and through a lot of euros in, that confidence has disappeared. If you look at the dow over the past year, it is the bottom. That was hard to believe not that long ago. We really got into the culture of the management as being part of what is at stake here. This is a management factory that people came out of here lead otherght and Amazing American Companies and yet, that is sort of at risk because what will ge become . Carol this is what the story digs into. There are so many details, so much about the history. We got more about what is to come from this 126yearold company. If you look at this handful of inventions that changed life century,e in the 20th the vast majority were invented or commercialized at ge, whether the lightbulb, the jet engine, it was a Company MakingTelevision Shows and movies. It has been in honestly important and innovative. Ver the past few years, and especially the last year, the Company Seems to have been on the verge of falling apart and what i was trying to do was figure out what happened. Carol you say over the last year, and it does feel everything has started to come apart in the last year, but it has not necessarily been 12 months in the making. Take us back. Peoplethe thing i think are always really impressed by with ge is it was an oldfashioned and oldfashioned Manufacturing Company that managed to outlive the golden era of manufacturing, partly by jack welch ruthlessly making it more efficient and adaptable, but also moved it heavily into financial services. After welch stepped down with becameancial crisis, it especially clear that was not a sustainable strategy. We go from this company that has been around for 100 26 years that was so revered, we respected their leaders, they were examples of everything going on in the economy, to a company we are thinking, do we break it up . That is a big turn. Drake part of the reason it is so dramatic is ge was a Company Associated with things like the light bulb or the refrigerator, but the product that may be was most iconic was its managers. It was the famed factory for producing these elite, killer managers. Haveway, that may insulated the company a little from a certain kind of scrutiny and allowed it to not be as transparent as other companies. Now, i think some of that is coming home to roost. Julia turning ges troubles into a cover image was the job of the art director. Geis we had this idea that is the Great American garage and this Iconic Company that people think of from the lightbulb to the jet engine, is kind of an illusion. Lifechanging, things they developed or were part of distributing. Joel was very excited about the title and you say the great ge mirage, but you have used a pretty great image in order to detect that. To use theidnt want lightbulb because it is overused, but we thought the refrigerator represented this american monolith. A long time,r such going back to its beginnings. Julia one of the other big circling vultures around the fridge. I thought was pretty smart. Chris a nice foreshadowing of the darker side of the story. Carol next, the memo that pits republicans against republicans and democrats and has washington on edge. Julia and growing crisis from trumps crackdown on Illegal Immigrants. Carol this is bloomberg businessweek. Carol welcome back to bloomberg businessweek, im julia massar. Julia im julia chatterley. You can find us. Carol the fbi fight versus the race over the release of a memo that the german of the house head of the oversight committee. It is a complicated story and we got more from editor matthew philips. Is a memo put together by republican staffers on the house intelligence that worked for devin nunes, a republican from california and a longtime trump supporter. It contains classified waysmation that looks at in which the fbi sock approval for a surveillance warrant of a trump associate, carter page, a wellknown figure in this backandforth of the russian investigation. The white house thinks that by releasing this memo, it will provide evidence that the fbi acted politically, improperly, in getting the wires tapped of a trump associate. Our story starts aboard air force one on the way to davos and the president gets furious when staffers tell him about the latest wrinkle in the pressure investigation, which is that stephen boyd, a name we have not the associate attorney general, comes out and says it would be extremely release this memo, in a letter to devin nunes. Trump gets angry about this and to him, it is further evidence the department of justice is trying to undermine his and gop efforts to look at the rationale for the russia probe. What ensued was a backandforth between white house officials and doj staffers. In the end, it didnt matter because nunes and his colleagues on the House Intelligence Committee voted on party lines to release this. Certain republicans say it will provide evidence that the fbi democrats sayly, it is simply a partisan show and the republicans are playing this dangerous game in releasing this classified information. Julia to what extent has the white house contributed, we think, to the production of this memo or the contents . Is a superat important question and one that is being asked. We dont really have a clear answer to that. Remember, devin nunes was someone who came to light early on in the russia investigation in the spring of 2017 when he reportedly went to the white house in a latenight visit and shared with them some information that his Intelligence Committee had uncovered in its investigation of the white house in the russia probe. There is a relationship there. Asked specifically if the white house had assisted nunes and his staff in producing this memo, press secretary Sarah Sanders said she did not know, she could not answer that question but if there was any sort of cooperation there, that would raise all kinds of Big Questions about why the white house, which itself is kind of under investigation, why they are helping the investigator. Carol staying with politics, president trumps crackdown on Illegal Immigrants is creating a cloud of uncertainty over some sanctuary cities. Have diverging sanctuary laws in the United States and two of the countrys andest states, texas california, two varying rules. California, the governor has declared california a sanctuary state, meaning any lawenforcement agency that enforces most immigration directives, including detaining undocumented immigrants charged violation ofart in the law and the attorney general has promised to prosecute anyone who complies, whereas in texas, a the governor has done the thesite and banned enforcement of sanctuary rules. There are there county sheriffs will be jailed if they detainerply with these requests. We have created an environment between these two states where immigration rules are being enforced in varying directions s conflict with the way Law Enforcement are able to do their job. It creates inconsistencies, affect the social climate, the economy and the political divergence that is fuller further polarizing on the basis of immigration. Julia to me, this was fascinating. America is clearly a big country and the states individual within it, but you have described a patchwork of local rules. What does the federal law say here. You point out you have to go back five years or so to a Supreme Court decision to even get a sense of that. Just explain. Kartikay so the federal law requests detainer requests to turn over undocumented immigrants must be complied with. Enforcement of that is sort of the question, as our states rights are states rights. There was, indeed, a supreme 2014 related to the state of arizona that sort of allow them to enforce their own rules, but it created this is what opened the door to states passing their own laws, and now effectively, Law Enforcement officials that were earlier declining to comply with these detainer requests because they didnt want to create an environment where undocumented immigrants lived in fear in their own communities, now have to. So they are having to straddle this political fence between what they believe is best for their communities versus what the federal government and state is requiring. Carol that is a good point because you writing your story how this confusion and fear by immigrants is having a chilling affecting communities. You talk about that specifically in texas where women arent reporting rapes, maybe arent taking their kids in for vaccinations. It is already impacting immunities. Kartikay thats right. The mayor of austin said exactly that. While he doesnt think the california solution is necessarily the way to go, a little too far left for his taste, in texas, there is a manyre of fear and analysts call it psychological terrorism where you are creating an environment where people dont want to stick their neck out in society. Julia next, the radical rethink being considered at the Federal Reserve. Of theand the mu uber middle east has its own rat radical rethink of the role of women. Julia this is bloomberg businessweek. Carol welcome back to bloomberg businessweek. Im julia chatterley. Carol im carol massar. You can listen to us on sirius , boston, new york washington, d. C. And in the bay area. Julia in london on dab and in asia on the Bloomberg Radio plus app. In the economic section, the Federal Reserve may be considering new policy options as Jerome Powell succeeds janet yellen as fed chair. Carol more with christina lindblad. New leadership to consider the framework the fed uses to guide Interest Rates and 2 inflation 2012, has been the target. Which would barely ever hit. Has started this debate, which has been gathering steam and in january, the Brookings Institution held a panel questioning the 2 target. They found a lot of former fed chairman and economists to talk about that. The time seems right to kick this debate into the open. Carol the concern is because the fed the economy cant seem to hit the 2 mark. The fed is being very slow in terms of raising rates. Go intoern is when we an economic downturn, they wont have the ammunition to juice the economy. There is not much lower they can go. Cristina there is still a historic low level even though he have the cycle of tightening. That is a concern. We evaluated four different ideas out there. It is interesting because several of the regional fed president s are backing some of these different options, some former fed president s have also lined up behind some of these different ideas. Easy to basic and understand is, lets pick a new inflation target, a higher one. What theg the public target is, the idea is it is almost manifest destiny. It sends out a price signal to the markets, Companies Feel more room to price their products higher. We will psychologically engineered this. Carol managing inflation expectation. Julia the first country that comes to mind is japan. You can say you have a new inflation target, but if inflation doesnt get there come you have a credibility problem. Cristina its true, there were time in the last years where if you look at inflation, it was flatlining. But we are creeping closer, so hitting 2 isy of not as outlandish as it would have been a year ago. Isthe time right is right to say, maybe lets move it higher, people will understand. But every time you move the goalposts, there is a credibility issue for the central bank. This is a debate that will take a long time to come to fruition because you dont do this lightly. Sort now to a different of policy change in the technology section. Kareem, the uber of the middle east and it has built much of its business on transporting women who arent allowed to drive. Company isthe rethinking its business as the laws is in saudi arabia, which could one day mean female drivers. Jack it is the leading ridehailing service in about a dozen countries from north africa to pakistan. Julia how long has it been around . Jack going on six years now. Just under six, it operates in about 80 cities in a dozen or so countries. It is valued as 1. 2 billion on the strength of a 500 Million Dollar cash infusion from Kingdom Holding co. , one of the big players in saudi arabia. The companyss ceo, and you put this in the story, one of its goals is to provide a safe, worry free ride for women, especially in saudi arabia. Jeff they built that valuation in large part on supplying a cheaper and in many cases, relatively safer alternative to scant Public Transportation ofions or a sea unrecognizable Cap Companies in places where there isnt a ton available toons people who cant or dont drive. Women particularly in the middle east. They are not allowed to drive and in terms of getting around, there are rules and restrictions. Julia for now. Jeff in the case of saudi arabia, which you point out is careems most important market, the company is preparing in june to issue its first drivers licenses to women the country is preparing in june to issue its first drivers licenses to women in order to raise the employment in the country. Julia does this mean there will be less passengers, and the other thing that hit me here is what about potential drivers for careems cars. Jeff as our reporter started reporting the story, it was pretty unclear whether drivers restrictions on female drivers in saudi arabia would extend to professional driving, chauffeurs, but at now it seems that is the intent. That careem and lesser player in this market uber are rapidly trying to train thousands of women to drive their cars to be ready when the first licenses go out in june. Carol pakistan, a lot of their drivers are actually women. Jeff pakistan, i would say, is near the number two most market for careem right now. They have been using women as drivers there for about a year, egypt and jordan another example. Julia next, the most dangerous stretch of water in the western hemisphere. Carol and taylor swifts plan to capture all the money from her upcoming tour. Julia this is bloomberg businessweek. Julia im julia chatterley. Carol im carol massar. Steve makes a comeback on wall street. At pirates of the caribbean. Julia all that still to come on bloomberg businessweek. Julia we are back with editor in chief joe weber and were talking in the features section about emily changs new book. It looks at the culture in Silicon Valley and white so few women work there. It wasnt all the case. It always the case. Were a couple details from this chapter that we accepted that i was excited excerpted that i was excited about. The original jpeg was a playboy centerfold. That sets a tone. That was the opening anecdote that emily so gracefully starts the story with. Carol the original sin. How can you talk to a woman when you have that . The glorification of that sets an interesting tone. The other thing i didnt know was how many women were once in this field. Julia making advancements in the field, as well. The date she also talks about is 1984, which happens to be the most iconic super bowl commercial of all time, which shows a woman with a sledgehammer breaking the monotony of the idea of the world. That happened to be an 84, the highest percentage of women ever receiving science degrees. And it has been downhill ever since, which is a crazy irony. You think about these things together and that sets are really interesting conversation that emilys book is about. Julia is that about the culture . If you look at finance, that drew people from both sectors because it was a money generating is this. Why does Silicon Valley turn women off . Part of it is how the table was set. I think there is a cultural challenge that the community has and it is wrestling with it and we see that at google now. Julia it was something there were looking for, wasnt it . And thats part of the story. Carol who knew these two psychologists who did this research, mostly men and determining who would be the best programmers . And they totally skewed who they were looking for based off that. Not a great way to come to a conclusion. The whole game was a rate. Read rigged. Julia there was something flattering about that somewhere around the line. Carol there are prominent women who have been successful and still are within Silicon Valley. Most of meyer, sheryl sandberg. Absolutely. Especially with lean in and me too, we need more women like that. Andositions of management we need to, and emily explores this, we need to celebrate that and make sure they are able to advance. Two veryu mentioned wellknown women in Silicon Valley. What about them . How they seen as Something Different . Especially then, they were externally proactive in sort of challenging the convention. They get a lot of credit for that, but google still remains a very sensitive one as some recent news has a brought to light. Its not like you could ever not keep advancing. Thats part of the narrative. Carol its Pretty Amazing since women were the first computer programmers to see where the industry has gone and a think of Silicon Valley as being innovative and for thinking, but you look at the statistics and its not that way at all in terms of women. And we are so tickled to have emily here and also in the magazine because just to talk about this issue, you cant talk about it enough. Carol there will be lots of conversations about this book. Conversations office other feature, at 10 mile stretch between venezuela and also the island of trinidad. Which is basically the most lawless market in the world. Its so lawless some interesting things have happened. Venezuela is falling apart. Trinidad is wrote of a stable. There are stories about the interesting trade that happens when the two coasts. Theres a coast guard station, but no boats. Its a freeforall. The things that are most needed there are things like diapers. Julia a bar of gold. Diapers are basically gold there, which is horrifying and a sad when you think about that. We wanted to explore what that look like on the ground. That was an extremely dangerous assignment and why its absolutely worth a read. It feels like a frontline. Julia one of the things i love is that we take fresh angles on wellknown storylines like and venezuela. Here is dan for error with that story. The point is that venezuela is in chaos and venezuelans have always had a lot of commerce, the nature has changed a great deal. The thing to think about is that venezuelas fishermen no longer fish because they dont have customers. They dont have industry back on. The have a bunch of people that are unemployed that have boats and a need to feed their families. Fishermen are becoming smugglers and smugglers attract pirates, innocent people attack pirates. So there is a madness and chaos and lack of law on this stretch of water. Carol an amazing trade going back and forth. Tell us about the reporter he sent down there because it was a risky situation that this reporter was going into. Dan Jonathan Franklin is an american who lived in chile for several years and he wanted to , everybodyuela and was aware of what was happening in the larger cities. Jonathan wanted to go to the coast into the coastal villages and see the fishing parts of northeastern venezuela. And see what was going on there. We just determined as time went by that it wasnt safe. Mere 10 his locale a miles across the water and saw the same situation from the other side, and many of the people he spoke with interest dead were venezuelans. In trinidad were venezuelans. If you have a fast boat, you can get across that 10 miles rapidly. Reporters have been detained for illegal reporting. He had been detained on a couple of instances and the photographer on this piece, whose work is really lovely, had been recently detained and eaten in caracas in a street demonstration. The risks are high. Carol we are loving this story. Theres a line that talks about an arbitrage of foods, diapers, weapons, and peoples. There is a trade going backandforth. Dan constantly. What venezuelans have to offer thingoline is a very big because it is still supported by the state and its very inexpensive and people bring gasoline in volumes from a 250le of gallons to barrels. , oneexecute sales at sea boat will offload guest to another. Thats a big one. They mention of exotic animals are a trade. Guns, what they take back in other directions are things you can no longer reliably get in venezuela, prominently diapers. Julia you can get three times the value in venezuela that they would be bought for in trinidad. Bars of gold. Dan toothpaste. Supermarkets are empty. The boulevard is worthless. Things that hold value our necessities. Carol it really talks to the plight of whats going on in venezuela. The demand for basic necessities and as a result, you have this arbitrage of desperate and profit minded and is will we are seeing go back and forth. Are desperate on both sides, primarily in venezuelans. Definitely robin minded people on both sides. Theres a lengthy package passage with a smuggler who says business is great. Chivo. Goes by dan primarily englishspeaking. He knows venezuela, its 10 miles away, likes the country now. Has to perceive it as a Business Opportunity and he says in the end, the place has gone contraband and thats good for him. Carol up next, steve cohen finds new investors in the second act. Julia why manhattans wealthiest are having trouble selling some of new yorks nicest homes. Carol this is bloomberg businessweek. Julia im julia charlie. Carol im carol massar. You can also find us online at is as week. Com. Was banned from managing other peoples money. Carol but thats over now and we talked to kathy burton about new investors. They are operating out of the same space they are always operating from, which is building in stamford, connecticut, close to long island sound. I have seen jeff koons pieces in there. Ive been there over the years. I been there a bunch of times. Floor, thatsing really cold. Keep everyone awake. So thats all the same, but the people are different. We talk likecohen, everyone knows who he is. Billionaire art collector, wellknown runner of a hedge fund who got into trouble. Kathy exactly, and a lot of trouble. The government spent almost a decade trying to get him for Insider Trading, and they pretty much failed. Guilty toid plead Insider Trading, but he did not. 1. 8paid a record fine of billion. There were six people who either pled guilty or were convicted of Insider Trading at the firm. But he only got banned for two years and the government had initially wanted to ban him for life. Carol he had to give his client money back. Kathy right, and nothing can go. Julia regulators never thought this moment would come. They thought they would be able to ban him forever. Julia its exactly the same as it was. Talk about whats a different because one of the most at sending things we talked about was the amount of compliance and oversight in the environment hes created. Kathy its a different place. They have a 50 member team, twice as many as the past. And in the past, they never actually dinged anyone for compliance. But now they have a 50 member team that sits on the Trading Floor and they carol they are on the Trading Floor. They are there with him. Kathy they monitor email traffic, phone conversations in realtime. Carol was that his choice or did he have to do that . Kathy i think they did that as a way of showing the government there were serious about changing. Carol speaking of the lives of the rich and the richest, white big mansions arent selling in manhattan. Julia here is our reporter. You have to decide what the market is and it really, its of the above 10 million. Below that, for mere mortals, who have large families or just want to live in a penthouse like sub 10 million is really accessible for a lot of new york nationals. Lawyers, doctors. Definitely not journalists. [laughter] carol really successful journalists. Write a book that gets turned into a movie. Fair enough. But below 2 million is within the realm of stability for a lot of people. 10 million,above 15 million, you have to be truly wealthy to afford these things. Carol the single homes that are six floors. Even more actually, oftentimes seven with a subbasement. These are huge. They are oftentimes more than 10,000 square feet. You have to want that. Ultimately, a lot of people dont and this is a real problem for the market. Julia to what extent is it about demand is changing and people dont want these big houses or perhaps a department an apartment with a can entertain more where they can entertain more easily . A lot of the people who are selling these do not need to sell them. If you can live in one already, you are not desperate to unload. You have certain perceptions as to the worth of this house and you look around and say, these new glassy condominiums are nothing close to the original details. It should absolutely be worth more. And thats a that aspirational pricing that comes in. The other part of it is that people have fewer children than they used to and also, dealing with the mansion is dealing then with a condo or a coop. Carol maintenance is your responsibility. James not just maintenance. Receiving packages, some of has to be there constantly. For a lot of people who are that wealthy, not new york nationals, these are people who have three or four houses and they want to arrive in their apartment or their home or wherever it may be and have everything waiting for them. Julia its not a financial thing. Its the upkeep of the house. Some have several of these houses and you want to treat it like a hotel. James and then theres the final part of it which is totally intuitive but a release a real stumbling block, or some people dont like their home spread over several floors. All of these things have conspired to really make the manhattan super luxury townhouse market fit. Julia taylor swift risks her reputation to get millions of dollars act. Carol and makers get inspired by the bourbon industry. Julia this is bloomberg businessweek. Im carol massar. Julia im julia chatterley and you can listen us to us on the radio. You can also listen to us in new boston, washington, d. C. , and in the bay area. Carol and in london and asia on the Bloomberg Radio plus cap. In the business section, taylor swift is changing the way tickets are sold and scalpers are not happy. For her upcoming gravitation to her, the same name as her most recent album, taylor swift and ticketmaster have come up plan to try to ensure that they keep all of the money pretty much from the ticket sales. The last time taylor swift went on to work for 1989, she thinks she lost maybe 85 million to scalpers based on rough estimates of how much tickets usually go to scalpers and how much average ticket prices was. Fan,time, if you are a big you sign up for a program, which is part of an initiative taylor swift has. And watchedn album newsletters and for each one of those interactions, you have a boost that lets you take part in a presale, we can get tickets for a little bit less than you might normally. You have to prove you are a real flan a real fan. Regular,e part of the not a huge taylor swift fan, the prices for the general sale is much higher than your normal ticket price. Most of them are several hundred dollars, especially if you want to be close to the stage. Getidea is the super fans good tickets for not that much and everybody else has to pay a fortune. That will stop scalpers from buying up these tickets really early on. How is it working . Lucas so far, it depends on who you ask. Some think its a disaster, others think its a success. Its hard to gauge because the behavior is different. Normally, when a big concert goes on sale, it sells out in five minutes. A lot of people probably can empathize with knowing that the tickets can be on sale at 10 00, they do the everything right and still dont get tickets. This has been pretty much the opposite. None of her shows are sold out. You can get tickets right now, whether glendale arizona, new jersey, as edina, you can probably get floor seats, but you have to pay a lot for them. Ticketmaster says it will sell out and it will be a long process and people have to get used to it because its new. Its hard to gauge if youre a journalist or fan. Julia you can argue both ways. The reason is so that before was you have the odd rhythms and the bots that scoop out all the tickets that allow them to resell later. Well be are saying is that those guys have been priced out, so its ordinary individuals that have to buy tickets, even if its at an astronomical price. Lucas thats what ticketmaster would like us to believe. There are still Tickets Available for resale. Its hard for me to know how many are by scalpers who are just convinced that even if a bottom at a higher price, bought them at a higher price, they would want them even more. And then if they decide i dont want to go. Thats the argument they are making that it will stop scalping. Its been one of the big problems in the music business for years. Forping has been going on decades, but especially since tickets went online. There has been a huge problem with people buying a lot of the tickets and profiting off the backs of artists and concert promoters. Julia in the pursuits section, in the pursuits section, demands for tequila and the very best tequila heavy industry involving to keep up. Carol here is editor chris rovzar. Chris the Big Companies are like shoot, we have to speed up dustin, but you have speed up production, but you cant. The agape plants and the heart of the agape takes 12 years to return. The brands that hone the bigger companies, they have been finding other ways to speed it up so they use pressure cookers to cook the agape, they use science to speed up the way they grow, and as a result carol not as good . Chris they produce agape flavoring. Carol you talk about aged tequila and a new marketplace for this or away for tequila makers to go after a new segment of the market. What is aged tequila without technology . Inis its aged either mental metal casks or barrels. Its a way for them to make more money on the product as the quality is declined. Thats fine. A lot of people are doing shots of tequila, but if you want to sit there and have something special, it takes a lot of work and aging tequila is not like hitting bourbon or other kinds of whiskey. When you aged whiskey, you want it to take on the flavor of the arrow its in. Tequila, you wanted to take taste like tequila. Its a precision game and hard to get right. Julia favorite tequila . Excellencia. A i didnt know it was a thing cinema thing, so what it was a thing julia whats of the George Clooney one . Chris casamigos. Pope john makes an aged to patron makes an aged tequila. Julia favorite story this week . Thats the story about the pirates between the stretch of land between venezuela and trinidad. Its like an arbitrage of diapers, thats the story about the weapons, between desperate people and people looking to make a profit. Julia this used to be a vibrant fishing village. Now its become a haven for pirates. Its a destabilizing mix and a different angle on an important story in venezuela. Carol our reporter took risks to tell the story. Julia more Bloomberg Television up next. Emily im emily chang and mrs. The best of Bloomberg Technology and this is the best of Bloomberg Technology. The tech earnings bonanza, all the Major Players reported this week. We will break it down. Facebooksrow in on hit and miss. Our look at fourthquarter earnings for the social media giant and the most concerning the trick for wall street. Atew Alliance Takes aim health care. The implications for the