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Details ahead. In waysating elegance that transcend fashion. All that and more over the next hour. Lets get headlines from carol massar. 4 after down nearly the chain said it was working with Law Enforcement to investigate a data breach. A massive batch of stolen Credit Credit card information when on sale. Apple said the icloud service hackers whoched by posted nude celebrity photos. They had surfaced online in the last couple of days. Apple is working with Law Enforcement officials to identify the hackers. Dollar general raised its bid to 9. 1 billion in a threat to take it to investors. The offer put tension on the bid which is seen as more friendly to antitrust regulators. Concorde technologies is exploring Software Companies including sap. Manufacturing expanded at the fastest pace in three years. Orders grew by the most in a decade. Join me now from joining me yorkwashington and in new is brian coleman. The chief executive of the greenpoint design center. Why can you tell me about your experience . Our buildings have been 100 occupied by small venue manufacturers. We are cruelly seeing a building that is not finished being renovated. That will not come online until the end of the first quarter. We have two thirds of at least. Comment on the topic of manufacturing in the u. S. Fran is talking about one line and you represent all out more. Give us an idea of those that you represent right now. I would say the jury is still out on the longterm strength of manufacturing but we are seeing some processing signs. The number was good for august and we have had a couple of good months of jobs numbers. Way backy 30 of the in recovering the jobs that were lost during the Great Recession in manufacturing. Were seeing a lot of strength in the auto sector. We are seeing that their domestic car sales and also some of the Card Companies investing in their facilities and opening new ones in bringing product lines back from mexico. Stillpossible, there is some data points we could improve upon. Capacity utilization. I would like to see the jobs number go back up. On balance the future stream right form a fracturing. Give us the details of this engine plant in mexico relocating its operations to the u. S. A lot of people had written three and thet uaw as a goto source for this is the second and since where we have seen that one of the someit three resure production from mexico. Andaw others do it before plant that cadillac had been shuttered produced the line for gm. That is really good news for manufacturing. There will be some jobs created in the supply chain. It is great for a Community Like spring which is really a manufacturing to send it town. Give us an example of some of the businesses, may fracturing and prices that you have held relocate. The this is the Custom Jewelry maker and architectural woodworker. The customer through this making costumes for broadway or legoland. The graco if it was made in our really. What about the workforce that is being applied . We see a younger, brighter, more educated group with degrees that are starting out of Design School and want to be here because this is where the labor pool is, this is where the brains are. What can other cities due to replicate the success you have been able to have. What you need served to make it happen. That support it you agree is important here. There are not a lot of tools and on we have a limited number of tools available to us and we are able to cobble them together and get it done. We take Old Industrial stock that most modern manufacturers would team obsolete. Multistory buildings. We are able to divide those buildings, retrofit them and for industries. Beenuld hazard what has your experience working with local governments . They had been writing off manufacturing and we did see about 63,000 facilities eliminated in the u. S. From 20002009 but you do see this resurgence with the makers, the smaller craft manufacturers and there is a real value for that. If you think about it is the next extension of the former market and the food people had to get and a local may fracturing you see it in his right area do see it in philadelphia and that combined was on the larger scale. Dvancements that we have seen andre seeing smallscale largescale manufacturing being rediscovered and it is important that they get the right policy support at the local level in federal level. That couldindustry be located anywhere. In china, japan, and mexico. We need the right policies to make sure that we can reshore those jobs and create lifestyles for americans. Thank you for joining us from washington, and to brian coleman. Casino shuttered its door. We will find out who will dig up the fallen chips. We will be kicking festivities with the fashionable carolina herrera. Earlier revel closed. It is the fourth casino to close. Will the surviving casinos see a bump in patrons and business . From princeton university, ryan miller. Research. Realtime and end of a chapter for rebel. Is it over, done, no one will take up or shut of this is this . It seems like the big building is over in atlantic city. A lot of the operators learned their lesson and this is one they will never forget this because of the size of the property and the operating loss their handling. What happened with rebel revel . Poor was a story of planning. Two had gone through funding initiatives. I had a no smoking policy it had a no smoking policy. That was not great. It was pitched as a resort location, very highend. No place where people could eat because everything was so expensive. Were there flaws in the strategy towhat revel was supposed be . A strategy of throwing a new Years Eve Party every night and they thought there was a customer for that. Bergatta generates 20 . They have actual places to sit down. Place to sit down. Revel did not have a database. Promise the world but they did not know who to call. The high operating costs, they had a very expensive utility contract and that is one of the factors why it may not get sold. All this combines into a sad situation that ended today. Waited Morgan Stanley get involved, why would they invest in a gaming operation . You go back to where they were looking at this deal. Where a lot of companies were looking to invest in casinos. They got out of that deal for a little under 2 billion the that was a 3. 5 billion casino. You saw a lot of companies that were not traditionally Casino Industries involved along with the rest of all of their industries during the financial downturn and it took a big drop. There were giving experts that passed on revel. Intoe bid, it goes bankruptcy. Paris is doing well in atlantic city. Gotta has beenr doing well. They have a strong, loyal database. You have a Huge Population center, high wages. It has been servicing those clients at a very high level. Casinos in thes region. Their closing one down. Theyre trying to right size the bergotta is in the lead. Took some high end customers away. Is ahs marina competitor. Also the night life revenue, a big growth driver. Written big ten paychecks for highend djs. Thanks for the analysis. Fromminister joining us princeton. Carolina herrera as a fashion expert. That is next. For more than three escaped decades class has been part of carolina herreras style. Her influence is global. Her retail presence has more than 15,000 points of sale in 104 countries. She debuts her spring and summer 2015 next monday at the more say these bins fashion week. She joins us now. Thank you for being here. Tomorrow youre going to be honored by the Couture Council with their annual award. It will be held at a ceremony at lincoln center. Awards are maybe not so active. They are given to the people who are still active. You will join the likes of michael kors. Background on how you got started. I had my first show here in new york and i remember that show like the best in my life. It was so exciting. When you are doing something that you do not know very well where you are going and i love fashion. What were some of the things that went to your mind when you offer up a new collection . Butterfrliess with butterflies in my stomach. Fashion is about newness and the first question, whats new. You have to work my is you have to work. It is a challenge. You have to come out with a new that does not get on the way. What is the idea . It is a secret. Spokene written and about how style is individual to the person. Cannot go out on acquire [inaudible] give anave to individuality. Something different which belongs to. Style is very difficult to describe but it is the way you put things together, not only what youre wearing but it is your taste in books, art, the areyou talk and when you getting dressed you have to get that individuality. That is why i do not belong to mention trends. That becomes your uniform every and becomes your uniform. Everyone looks the same. Rex many people follow these trends on they should not mainly because they do not realize they themselves have a store gotten more mature but theyre wearing clothes that should be relegated to the past. It is are important to know how to age in a way of getting dressed but youre used to wearing them when you were this it is important for a woman to know what looks well and you. Even if it is not very fashionable but it looks great on you. Why not wearing it . Usingbout the power necessities. No one wants to look like a christmas tree. Learn . People need to if ithion is a dream but dream you are a out. Is very dreamy and fantasy we have to be realistic. Itif it stays in the closet is not real. It is not real. What about the essentials, what are some of the things you would describe . Tell you only two or three things because we like to have a lot of things. You could end up with a beautiful gown and youre not going to wear it but you hang it in the closet and it looks beautiful. Very difficult to say what you should have. Rex what would you like to see, and this collection, lots orders, lots of sales . Of worse. Of course. Like towhere would you see your collection in the next five years . On top of the world. Well. L go very thehank you for showing collection to us. This is taking stock on bloomberg. This is taking stock or colets go to my radio cohost. Increased tension between ukraine and russia. Russia is accused of opening up a new friend. And the Islamic State has released a new video. This is the second is american to be executed. The Islamic State is targeting nonarabs and nonsuny new muslims nonsunni muslims. Then00 people have until iraq in august. 6000 have been forced to leave their homes those militants push into land once occupied by kurdish troops. The us military helped one company make its first sale. The kurdish capital hardly feels like a city under siege. At the influence as the influences of the Islamic State grows the extraordinary book growth have slowed. To him of the isa situation, it was a big surprise for us. Winner think we would have this neighbor closely few have right now. In downtown, a kurdish has he, big business. The patriarch started this family firm in the 1970 plus but before handing over his to , my siblings govern like a board of directors. All of them specializing in separate sectors. Mostly it is approved. Brother number two has been head of the Company Named for him since 1992. 10 years later, the American Military kick started Corporate Cash flows. The 101st Airborne Division build and dr group to secure army bases. We were able to make a huge. Usinessl at one point, profits topped 1. 5 million a month. Thousands. Mploys of theake over most business. Kurds were running businesses all over iraq. He is one of two alleged to the suppliers create private Sector Companies must often underpin often operate independently. Their oilopen refinery there were governors no government new governors or fights. Just pumped up gas profits. Had spent 5 million on this simple refinery. They expect to make the money back and around six months. Refine 6000l. Arrels of crude oil a day this is a daily profit of 30,000. The eldest brother wanted to show us his proudest project. Construction site that will be the largest mall in iraq. One point million 1. 5 million square feet. Kurdestans tallst building. Where would you be without the military . Everything you see here is supporting it. From thatstrikes military that ensure companies can thrive and survive. No idea how much. Illion. Ofthere is a handful conglomerates that dominate the sector. Because these contracts were so restrictive in terms of the background of these companies they have in the regional leaders. Theyre doing well across the region. I assume background of the people involved. Chris they were involved in the th [indiscernible] theoes that lead into political world . You have to have connections to get anything done. You had to play with the government to make money and that you have contracts from the Iraqi Government and they have to work with these fiscal noters at ends up being three much. If you can sell it locally that is one thing but is energy et something [indiscernible] is sellingds on who the [indiscernible] gdp has dramatically increased but there is a huge wealth of disparity. A very good example of that mother is not enough of that trickledown effect that maybe some lose it are trying to create. Chris was welling up to the situations, the power station piecework was close to where the state is. They got up one night [indiscernible] i want to thank you for that report. We will find out how big data is remaking Big Television advertising and how it makes it smarter. Iso it is oyster season, it in full swing. He will meet the chief executive sells overany that 40,000 a week and learn why the tristate area cannot get enough of this trend. Companiesevision facing composition. Where are advertising dollars going . Is cory ius johnson. What is simulmedia . Is [indiscernible] spend 81ry will billion spent in advertising today. Virtually all of it scattered and rotated with no sense of who the person is on the other side except some notion of sexsage telegraphic. Is mining theng data from the Cable Companies and the Satellite Companies in the phone companies and understand who it is that is watching all of these fragmented shows today. We are finding specific people, they might go to Quick Service restaurants twice a week. We are building campaigns were we find them. Pipe might be fat. What happened is the big audiences have dispersed so much. Session. Rs on a tv two thirds rated cannot even get the big audiences on the big shows. You have to aggregate the long tail but the only people who [indiscernible] bigf you didnt have a audience, you got zero. If you had networks in prime, you got a big number. Are of those big numbers going down. The biggest of audiences in prime time them a those rates will come down and that money will be scattered. On just an average rice bases tv aton that watches 1 859 p. M. Tonight is worth of what they are at 11 01 p. M. That does not make sense. Why does that situation make sense . Does in the Television Industry it is said in its ways . Is not so broken had to be fixed. It is so working. A lot of people were there. Have moreew years, we delayed viewing, we have you people taking their programming put it on the digital world. They have such an infrastructure set up where they go to lunch with a person who will tell them man that is held those decisions are made. I would say there is. Ompanies that are changing they do not have a lot of incentives. Theyre getting lower fees from the clients and they want more for less. Networks have a strong with them. P there it is all handshakes and phone calls. And atch to big data micro audience segment is a shift but they hear the step foot the footsteps from Silicon Valley and they see microsoft and google. They see you, too. You started a company that you for 245 million. That is real money. Why havent the Television Companies figured out that what they have is data, not just programming . It is hard to disrupt yourself if you do not have to. I came out of the newspaper industry. How is that going, by the way . I still read one. Not many other people do. They saw disruption coming and it was dramatic and horrific and they could not change. In the tv world it was moving much slower. This was like the boiling toad. If you slowly turn it up a does not know. The wake up call is happening now. Haveny many of them shifted. They are making money on selling contact. Reformed tois being be a content making company. They have content about the viewer. They had never thought about that way. Ctor and gamble has changed. The are leveraging against walmart. Walmart has bitter customer data. They sell served to bottlers and then they sell to retailers and sell to consumers. Simulmediawhere comes in. Toe gordon, and my thanks editoratlarge cory johnson. I will introduce you to the ceo sold overpany that 750,000 pounds of lobster. And how safe is your data online . On data. How hackers are beating Cyber Security defenses. All coming up on bloomberg west right here. This is taking stock on bloomberg. Shellfish is offered as a special to learn patrons into restaurants or bars and has seen its popularity increase. Increase ina 20 oyster demand. It sells and ships over 40,000 oysters a week. I am joined by the chief executive, it in mcgregor. Oysters are popular. They were popular in the 18th century. They had a decline but now they are back. What is going on . It has been a recent and him and on. Crisis burned an appetite for cheap little treats and we have been a beneficiary. Tell us about the lobster place in the background. It was established in 1974. It was a little over four years ago and they ran it for number of years. Into takeover somewhat on a whim. Officeren a coast guard and developed a liking for the see and an appreciation for the supply chain and my mom and dad were getting ready to move on to retirement. Ofhout a lot of part planning i said can i give this a shot and he was happy to give that a chance. Getting into the seafood business is not something you need to do because your family wants you to do it but you have to love it. Tell us about the supply chain that exists. It is complex and fragmented. Different from the rest of the food industry. We deal with hundreds of different vendors to bring in the variety of fresh and frozen Seafood Products that we carry. That makes it a challenging food business. We do not deal with one big far more meatpacker. It is always changing and keeps us on our toes. Is expensive if you want fresh fish. Give us an idea of the kind of fish that you carry. We carry roughly 60 different species of fin fish. In the ocean, we like to think we can get it for you. Fromat do you do to get it where it is to where it is going . We are basically travel agents for fish. There is logistical coordination, a pretty elaborate network of trucks and planes and free corridors [indiscernible] numbers. S big it is. The part of the Business People do not see deals with hotels and businesses throughout the tristate area and theyre hungry for seafood. X what about the demand for specific types, what has been the biggest trend . Lobster is always popular particularly in the summer. Has givenr roll boom a lot of interest in the product. Finned fish is very popular in this part of the country. Is it something that you just know in the business you do not order fish on monday . That is somewhat old wives tale. Figures back to win with his sticks is not what it is today. We work six days a week. All the time. Thank you for being with me. Mcgmcgregor from ian regor from the lobster place. Thanks for taking stock. In 3, welcome toier bloomberg west. I am emily chang. As Ali Baba Group plans to go public by do is escalating its rivalry. Into ing 10 million ndoor atlas. To directd a program mobile users to nearby stores. Google is making a push to win more corporate customcr

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