All that and more over the next hour. Lets get headlines on su keenan. Aig out with earnings that the Company Estimates and climbed 13 . It is the final Earnings Report under chief executive officer robert ben gaucher. Shares are rising. Pandora is expanding beyond just sports, news, and talk Read Services has become more available and cars. Our cfo says budget Group Reporting after raising its revenue forecast for the year. That stock gaining in extended training. Thank you very much. West africas fight against ebola may be overshadowing a white house summit. Vice president of life. Joseph oconnor Vice President of liberia joseph speaks. We are experiencing an emergency we have never experienced before. The controlled measures we need to put into place have not been adequately we are now gearing up so we need to move it very fast. With more on the ebola virus and what we should be concerned about we have dr. Ian live again. He is from Columbia University and at the director for the center for infection and immunity. He also serves as a consultant for the medical thriller movie contagion. Inc. You for being here. We mentioned movie in the same context as the real disease. I am wondering if there is any connection, should people go and watch the movie to learn more about how this disease exists . The movie we made in 2011 that was written by scott burns and directed by Stephen Sundberg , this is a fire us that has a respiratory spread. Thats important because the risk of spread beyond a few people who may be exposed to the virus is much much greater. Ebola is very different. It is a huge problem in west africa. Even his were to come to this country it would not spread deeper than a few people. It is worrisome but primarily for humanitarian reasons. Describe what is this virus. This is an emerging Infectious Disease virus. Half the people infected with this virus have a problem where they begin to uncontrollably. They may end up having organ failure, so the kidneys stop, liver stops functioning, they become comatose. A typically we see fatality rights is typically we see fatality rates as high as 90 . That is combating our ability to interpret the results and some of the passive therapy that people are receiving. I hope we have a chance to talk a little bit about that. Tell us what that means for tracking, diagnosing, and ultimately treating. The way we track these viruses is we identify the individual who has been infected with the virus, everyone who may have caught that may have got in contact with them, and that we observe them for a period of several days to see if they do or do not develop signs of disease. If they do develop signs of disease we have to extend our net further. With respiratory viruses it is very easy for things to pingpong around the globe. This virus does not spread very easily. Him we tend to see a small cluster of disease and if we moved to the United States or europe we do not spread at the initial cluster. A it will illuminate some of the practices that may lead to further spread. Is there a report that mount sinai hospital is trying to diagnose a particular individual to see if they do and have do in fact have the ebola virus . Is that a test that is easily done . If you have the appropriate test and if you have control it is a fairly straightforward test. It is also true that other viruses may look like ebola but may not be ebola. In the medical marketplace people are increasingly looking toward moving toward diagnostic tests that do not test for single agent to test for many agents at the same time. Because if you do not find ebola the question is what else might it be . There are specific therapies and specific interventions for specific types of virus agents. What is the root of ebola . We presume the root of ebola is a bat. That is by analogy to a related virus, which we know is found in bats. Today no one has found a bullet growing in a bat. This particular virus we are talking about today until we do that we have conjecture. We havent proven it unequivocally. Geographically we have been able to document the ebola virus in saudi arabia as well as west africa. Saudi arabia is a different virus. It is a respiratory virus that went from bats to camels and camels to people. Now it is spreading persontoperson. Is there any indication that these mutations and these changes in the strength of the virus can be related to immunotherapy so transforms itself into something that cannot be combated with current vaccines . You are alluding to a scene in the movie, our movie, where we talk about the viruses evolve and become more dangerous. There is no evidence that ebola virus is distinctive so that it will have Unusual Properties and will be able to make it more capable, causing more severe disease. In fact the interventional therapy people are now using in atlanta and elsewhere is presumably based upon an earlier strain of ebola. We are taking plasma serum from people who have recovered from a bola and then using that in people who are at risk for having severe disease. What the antibodies do is prevent viruses from getting inside cells and they may have an effect on the ability to reproduce itself. If you identify the cells in the blood that have the capacity to make these antibodies and you create monoclonal antibodies in a very well defined specificity and activity, you grow them in large concentrations and then you can use them just like a drug. It is very helpful. That is now what is being employed where people are concerned about ebola. I want to thank you very much for giving us details and enlightening us on this terrible situation. I want to thank ian lyngen of club you university. At the white house there is a summit meeting with African Leaders. The goal is to create new partnerships. One is apparent one that is apparent is the creation of a fund to finance Infrastructure Projects in africa. Hans nichols is in washington. 100 billion is the figure. We do not have that pinned down from the white house. There is a wheeler and dealer feel to this summit. Deals are being cut. Look at the potential for Internet Penetration when you talk about what is happening in telecommunication spaces. Clearly there is a massive need in africa for more internet and activity. 70 in africa. Globally americas at 62 . 73 in your. In europe. There is a growing middle class in africa. It is not just the extraction industries. For an example, look at Foreign Direct Investment in africa for resource Risk Companies and nonresource rich companies. It is leveling out. This is not just new money chasing oil wells. Some of these economies are poised to take off when you look at the potential for investing in Subsaharan Africa for direct investment. There will be a great deal of money going throughout the continent. These are investors chasing after returns. One thing they clearly want, they want to know their political stability. It is going to be a challenge. How can these African Leaders convince investors that their countries are stable enough for longterm investment, longterm growth, and longterm return on investment . Hans nichols, Bloomberg International correspondent having sit down with u. S. Secretary of commerce and the new york city mayor Michael Bloomberg and the majority owner of liberty lp, the Parent Company of Bloomberg News of bloomberg lp, the Parent Company of liberty news. Coming up next take a look at why it ethics citys newest 2. 5 billion dollar casino has declared bankruptcy twice in the past two years why Atlantic Citys newest 2. 5 billion casino has declared bankruptcy twice in the past two years. . This is taking stock your co taking stock. It cost over two point 5 billion to build and it has declared bankruptcy twice and asked to years. Cost over two point 5 billion to build and it has declared bank over 2. 5 billion to build and it has declared bankruptcy twice. We are joined from princeton new jersey. He has studied Atlantic City gambling. He joins us via skype. I want you to lay out the landscape. A what is the economics right now of operating a casino in Atlantic City . Atlantic city is a very troubled area from a gambling perspective. Gambling revenue has declined from over 5 billion in 2007 to under 3 billion today. That is about a 40 decline. They have three they are going to close if they can sell themselves to someone else. How did they get into that situation . There are a lot of factors that led to that situation. Number one was the general economic downturn. Less discretionary spending, less available funds to go to Atlantic City for a while. With the effects of Hurricane Sandy that are still being felt along the boardwalk and Atlantic City right now, that coupled with the fact that the Gaming Market is expanding in other areas. Pennsylvania has moved them out. They are going to give Atlantic City and cross giving in new york state there is additional competition for the way for the dollar. I think what is going to happen eventually is you are going to see a much smaller more robust Gaming Market in Atlantic City. The casino revenue numbers as they are right now would not continue to support the casinos. Is it going to dry up . Probably not. It will get a lot smaller. Any potential price, if any, for rebel. It will sell much more than what it will cost to build. You are looking at a casino that is over 2 billion on original construction. It will sell on a range below hundreds of millions of dollars. It is the newest asset in this market. And even one of the existing operators could potentially buy that and close down an existing casino. The economy to scale may not work there because of that market but somebody should buy the asset. Is there a specific giving customer that does not go to Atlantic City that could go of the business changes . I am not sure. You see a wide variety of gamers that go to Atlantic City. You see the occasional gamers. I think it is the occasional gamers that are falling by the wayside. We have some spence of hotels and Atlantic City. That is leading to the overall perception that some gamers may get more bang for their buck elsewhere. Are they doing anything to counter that competition . New jersey is starting to. They are ricky it has taken away as paul said their lowend business. The customer, for the most part, is going to go wherever is closest. While some of their highend business goes to Atlantic City, the poor got a casinos doing very well for example, that caters to the highend. The lowend market has been cut out almost entirely. My thanks to brian miller and paul debow, an associate professor at lasell college. A company that tries to keep you clicking on all those webbased links, it is getting bigger. I will talk to the chief executive about his latest acquisition. If you ever read an article on the internet you may see there are links at the bottom of the page suggesting you go to other stories you may be interested in. If you ever read an article on the internet you may see there are links at the bottom of the page suggesting you go to other stories you may be interested in. Frequently those suggestions are being generated by technology, produced by a Company Called ebola called tabula. Joining me is the chief executive adam. Did i describe what your company does correctly . Collectives we started the company we started the Company Seven years ago. We started with video, it took us 4. 5 years to build a Great Technology to predict what a video people may like better than anything else. Spent the last two point five years recommending articles and galleries from around the web. Today we are excited to announce that we have acquired a Company Called perfect market to launch a in a situation of recommended products and services. Products and services for what you have already done with news and videos . We worked with some of the most innovative publishers on the web to take existing real estate to products around the red and generate an incremental profit around that. We have married our technology and credited unified products. Publishers, for the first time, can use us to recommend more content and recommend products and Services People may like outside of the article. By that drives what we hope is a fullpage monetization. The offering the best information from around the web from the top to the bottom. Collective someone was interested in a particular kind of hobby, maybe fishing, and they are reading articles about fishing. This would logically serve up a variety of products and services for people that are interested in catching fish. Flecks especially as the world is transitioning into a world where we are looking for those engaging experiences that are tailored and personalized to us, think about the opportunity publishers would now have to give them at the bottom of the would now have. We can recommend them to comparison sites. A different information they get more education different information. They can get more education. If this was described as native advertising is this the ultimate of native advertising . It is generating revenue from the same organic products you serve to consumers without making any revenue area that the search is a native product. And sometimes you could be searching. Is at sometimes he could be searching without revenue. I think the products has a no revenue version and a revenue version. The same core value is a native opportunity for publishers. And native advertising is content and it can be genuine content. It is just that it is served up based on whatever you did before on the internet or personal preferences. And now even further. We have a unique position in the market. Most companies serve you ads. About one in a thousand people click on an ad. We get a lot of signals and engaging from consumers. We learn a lot more and a lot better about what you may like in different stages. And then we offer you a product that we think would be the right time at the right moment. We think this is a Good Opportunity for us. Adam, the chief executive oftaboola of taboola. . I am pimm fox. This week marks 40 years since president Richard Nixon resigned from the office of the presidency. To coincide with this historic date is the release of the hbo documentary nixon by nixon in his own words. It has recently declassified audiotapes from the white house. I am joined by the director. Why did you make this movie . I grew up during that watergate era. I was in college and was met by it. I got into the News Business because of my excitement. 35 and 38 years later i get an opportunity to spend two years listening to tapes. We had a window into Richard Nixon and i think people rarely get opportunity to listen to it. And opening this window into the world of Richard Nixon, describe the things you have learned and the things you have had to push the pot but not to listen to again. In all the listening we did there was never a moment where he was uplifting and thrilling or enlightening. He was gruff, he was dark, he was short with people. He was a micromanager to the and degree. To the nth degree. What surprises me the most is the level of detail he dove into and managed from behind that desk. It just never stopped. As far as the audio related to the actual watergate breakin, was there any revelation about his role, either in the coverup or in the political fallout . I think the coverup has so many clues that he was involved. If he wasnt involved he heard about it early enough that he began to actively cover it up. There are so many references to when the men were let out of jail and he said we are going to have to pay them all off. They did our dirty work, they are due the money. It is like watching cheap gangsters plot behind closed doors. There was so much involvement on such a micro level that it was almost like watching this shakespearean tragedy of him getting the per in deeper with each lie and each consecutive day. You knew he cannot pull himself out of it. Where it is Richard Nixon fall in the pantheon of american politicians . You have done work on john f. Kennedy, robert kennedy. He doesnt fall high but at the same time he did some hugely important piece internationally. I came away feeling sad. A man of great intellect was hugely sensitive to everything that was going on and yet couldnt quite be comfortable with any part of it. Instead of enjoying his success he was always struggling against it. Instead of going with people he went against them. He turned everybody into an enemy. He isolated himself to such degree that by the end there was no money for him. He was alone in the world. You can stream movies directly to consumers. You can go directly to the electorate. I wonder if you have any thoughts on these four decades and how Richard Nixon would fit in. I have thought about it. I think nixon would have been a great user of the new technology. What all these avenues of technology have brought forth this other side of him . They may have caught them up here or there. He was so cautious about his public faith. I am paranoid about secrecy. He kept these two sides to himself completely separate. He was so good abetted and smart about it. I think he could have continued to juggle all these different media forces and kept them at bay. Obviously they want to watch the documentary on hbo. They can work closely with the Miller Center at the university of virginia. All of the tapes are stream the bull. It is very accessible. I want to thank you for putting this together. He is their director of the hbo documentary film nixon by nixon and it debuts tonight on hbo. Lets stay with politics for a moment. Former White House Press secretary james brady died today. He was a legendary figure who survived a shot to the head and assassination attempt by president Ronald Reagan. Josh earnest remembers him today. He is somebody who is really revolutionized this job. Even after he was wounded in that attack on the president he was somebody who showed his patriotism and commitment to the company. A book was written detailing the assassination attempt. They will take us through what happened on that march 30, 1981. March 30 was one of the most erratic days in president ial human in president ial history. They both came within seconds from dying. Grady himself was wounded by john hinckley. He shoots reagan, he shoots brady, he shoots tim mccarthy in the chest, taking a bullet for reagan. Brady almost died. Focusing on jim brady for a moment created he is meticulously trying to take the shrapnel out of bradys head as he does the surgery. It is this great moment. Over the airwaves and the radio piping into the room is news that jim brady has died. Our search and looks down and says, what you think i am operating on, a corpse . It filtered through everywhere but they found out jim brady had obviously not died in he showed perseverance in trying to show to get better. He said, i refuse to be a cripple. He left the doctor told me that he rewrote the script on how do you recover from these things come in the strum added brain injuries that have been a big deal in iraq and afghanistan. It shaped his life. A this was the event that turned him into a gun control advocate. This changed so much about american history. It made his presidency possible and made an effort for gun control to be possible in many ways. Ronald reagan did not support gun control. It is not the guns who did it. Brady eventually began pushing for gun control measures. By 1991 they changed his mind. By 1993 congress had passed the brady bill, which mandated background checks for all have to turn lemons into lemonade and i have a whole stand of them. That is the kind of guy he was. James brady became the leading proponent of gun an attempt on his then boss resident Ronald Reagan died today. He was 73. This is taking stock on bloomberg. This is taking stock, i am pimm fox. This is taking stock, i am pimm fox. Nearly 2 billion for the 73 of the auto sales website cars. Com that it doesnt already own. Bloomberg news his own outlook sherman broke the story. Tell us about what is going on with cars. Com. They sort of coowned the entity. Now they will take full control of cars. Com. They are paying 1. 8 billion for the remainder of it. This is a Newspaper Company that found that classified advertising. This was the venture that was at least coowned by five newspaper so it was part of their revenue stream. Now they are saying they believe and that belief in the continuation of online classified and supplements our dying or dwindling newspaper business with a business that is still robust. He said 2. 5 billion would be the total value when you factor in the 1. 8 billion that is being paid for the 73 . Online Advertising Companies trade at a higher multiple than you would imagine in newspapers. There is some limited information about what sales are in any given year. The business makes money. This is not a multiple. This is better than what the newspaper part of the business is in. They also own broadcast television stations, which is a better business. The main idea here is taking control of the entirety of cars. Com can mean look we are not out of the advertising business. Maybe our newspapers generate more generate less and less ad revenue. We are able to supplement that. Certain irony because newspapers own all of the classified advertising business until the emergence of the internet. Now you have a situation where they are buying a classified business. Car advertising is such an engine of newspaper growth. If you look at those classified ads 1520 years ago it is all cars. Part of this agreement is the other for selling newspapers do get a fiveyear contract. Included on their newspapers and takes the difference. It takes the valuation down a little bit because it was a bone thrown to the other newspapers we are selling. Taking the story, paying 1. 8 billion. Coming up, soiled and farming a midthe skyline of new york. That is coming up next on taking stock. Gotham greens has taken an innovative approach to urban farming. It builds commercial say commercial scale greenhouses on rooftops in new york city and delivers the locally the local reduced the local produce all year long. Its really good. It is the best you have ever eaten. He knows his basil, lettuce, and tomatoes. He also knows new york city has plenty of space to grow them. Not on the ground but on the roof. One vastly unutilized underutilized resource there certainly was some trepidation on part of the building owners. Many thought it was a pretty compelling idea. The idea is building commercial sale has decide greenhouses on roofs. This 20,000 squarefoot farm grows hydroponically. Thanks to proprietary technology. We have a weather station outside that has temperature humidity, co2, wind direction, solar radiation. Heaters, shades come and events keep conditions and an ideal 65 to 75 degrees. How quickly does it get on the shelf . Product you find in the supermarket will be harvested the same day. The Company Built its second greenhouse on the roof of brooklyns whole food markets. We are growing arugula. 50 million from investors to get businesses off the ground. Your profitable today. Since day one we have been profitable. Next year probably 300 forecast. This will probably yield almost 20 times the yield per unit area compared to conventional farms. It probably cost a lot more than conventional farming. Were not trying to say this is the best way to do it. Does it have a role to play . Absolutely. We are growing extremely high quality products in close proximity to large murdered to large urban market places. At the heart of it we are farmers. For more on the world of urban farming and the trend we have the Vice President and Founding Partner of brooklyn farm. It is the largest farm that has operations in brooklyn, queens, and new york korean thank you for being here. We have to start off by saying you come from a farming family . I come from a new york background city born and raised in the west village. I grew some lima beans once upon a time. How do you go from lima beans on the windowsill to these rooftop marshall scale farms . By having a strong and diverse team. There are a couple of us who started this project for you and my partner had started a new project in 2009. Between the three of us, we really saw an opportunity to take what was at this point a hobby and create a model that could be scalable, that could be replicated on rooftops all over the world. Lets do this thing in terms of the size of these farms, these rooftop farms. How big are they . We are talking a 40,000 squarefoot phase and a 65,000 squarefoot face. Primarily solid greens. We are able to turn out a consistent volume. We are able to meet Standing Orders for wholesale accounts as well as 75 tsa members and our farm stands. We know exactly how we square feet of greens we will plant each week to hit those numbers. We are able to offer that consistently. Any farmer loves to play around. Their cycling new products. Uighur everything you can imagine from tomatoes to peppers to earns. Of course you know about the movement in which you go into a restaurant and you can probably get the name of the farm on which the produce is grown. Define that as a big selling item . This was grown on a rooftop in a major city. I think people more and more want people to connect to the Food Production system. We are living in an increasingly urban world in a world that is increasingly alienated from where their food comes from. I think any opportunity people can take to connect with the source of their food, to remember that it had a process. There is a process of bringing it from the farm to their place. That is an important way for people to feel some sort of agency in the process of nourishing our planet. How do you get started on Something Like this . It must cost money. It was an interesting fundraising process. We are funded through accommodation of interest loans, equity investments, and good oldfashioned grassroots fundraising. We raised a good chunk of our funds on kickstart her and then we were a bit reserved on where the rest came from. He said you have 2. 5 acres. Want to grow it . We are in talk all the time. Were also really focused on reaching as many people as we can. We are adding new Educational Programming to our schedule and really trying to fully utilize this rooftop space that we have so that new yorkers can take advantage of it in all different ways. We host an educational nonprofit that brings children to the farm. In past years we have a oneday festival celebrating the honeybee. Of want to thank you very much. Thank you for taking stock