Vaccine for the bolo fast track a vaccine for the ebola virus. Heres a look at the top stories this hour president obama says Internet Provider should not the allowed to cut eels with Online Services to move content faster. Theident obama says internet should be classified under a public utility under the communications act. Click the sec is a independent agency and this decision is theirs alone. At the public has already commented nearly 4 million times asking the fcc to make sure consumers, not the Cable Company get to decide which sites they use. Americans are making their voices heard and standing up for principles that make the internet a powerful force for change. Asresident, that is what i will be fighting for. The president s statement puts them in the middle of a debate with the industry which wants little regulation the federal medications commission. Continues his visit to china where he talked trade and the economy. Mr. Obama arrived in beijing for the asiapacific Economic Cooperation forum. The president will try to boost talks on a specific trade deal, the agreement covers 12 countries but not china. This was the president must first stop on a weeklong trip to asia. Dealing with a frenzy of Online Shopping is china marks singles day, the popular date of november 11 represented ones. R day, tome to join this make this a big day not only for china but for global consumers. Singles day 2013 was a big one for alibaba. Bigger than cyber monday here in the United States. It is a signal the turnaround plan is gaining momentum. Mobile sales fell. 5 . Analysts were looking for a drop of 2. 2 . The midwest is getting hit with heavy snow and minnesota is preparing for between eight and 12 inches of snow while chicago is expect to earlier than usual winter weather. It also means flight delays over the next few days. That is a look at the top stories we are following this hour. More on this weeks apec summit. Carlos iteris served as served underrez president george w. Bush. Welcome back. Always pleasure to see you. Talks to reach a deal on the Transpacific Partnership have been bogged down because of disputes between the United States and japan over Market Access for their respective major industries. To dooes washington need to break the gridlock . The first thing the president needs to do is request trade or motion. Been a sense that this is a big priority for him. The big elephant in the room should be this freetrade area of asia. Chinas vision is to unite asia under a trading bloc. They are building roads coming down through vietnam, laos, cambodia and myanmar. This is a freetrade agreement without the u. S. And without the u. S. Dollar. We should be focused on that and im not sure tpp is our answer. But the quicker we get it, the more we will be ready for it. We are grossly underrepresented in asia. Well he have a freetrade agreement with asia and singapore. But we do not have agreements with other Southeast Asia countries. We could be doing a lot more. We have made our bed and we have to bring tpp to the end of the line. If that includes japan, that is great, but we need to decide if thats going to include japan or if we go at it alone. The world is regionalize again we run the risk of getting cut out of asia unless we have a solution. President obama previewed his upcoming meeting with the chinese president. Mr. Obama said the u. S. Welcomes the rise of a prosperous, peaceful and stable china, but does that translate into economic benefits for the United States . Now that china is on the scene and that is a reality, we cannot go back to prewto days. We do not want to go back to preliberalization days. We have to be more aggressive and increase our competitiveness all stop weve got to be cutting freetrade agreements. China is being very aggressive. As we look at the world, it is regionalize again we need to establish a strategy. We need to get more imperative in the u. S. We have tremendous resources we are not taking advantage of. China is in need of fossil fuel. We are not going to turn china back. Focused one we are competitiveness as a number one priority. Lets segue to u. S. Politics. The president s trip gives him the opportunity to reassert his authority after democrats were taken to the woodshed in the midterm. It is a great question. You cannot deal with perceptions in one meeting. You cannot deal with perceptions with one speech. People are watching what decisions we make. Watching that we do regard our leadership row seriously and aggressively. Regardless of what they fear, the u. S. Has pulled back. We have got to demonstrate we are serious about taking a leadership role and serious about being out there in the world. The fact have not had a freetrade agreement in si years signed suggest to the world we are not really interested. We can let china cut their deal with the rest of the world and the u. S. Wt be involved will hep resident obama says will issue an executive order easing the threat against the poor tatian against immigrants in the u. S. Illegally. If the president acts unilaterally, he would be poisoning the well for other issues. Is there Common Ground to resolve the immigration debate . We need immigration reform, i agree, so the effort is right and good for our economy. Worries me is the political reality is that the more the president tries to do through executive action, the more of a backlash there will be. I fear a cotitutional crisis. The president issue something and the senate and house vote against it and once again, in the middle, we have immigrants. The president is doing this with a view towards 2016 and not with a view toward immigrants. Republicans cannot continue to dismiss this by saying no amnesty or Border Security first. I think republicans have an obligation to do this. Both sides need to come together, if not, we will have a huge crisis on our hands and we will have a huge immigration problem. Mr. Secretary, always a pleasure to have you on the broadcast. Coming up, the cloud race. We will look how i Software Maker went to compete against giants i could google on the flight to the cloud. Welcome back. Leaders from the Technology Industry are meeting in california for the annual tech a focusconference with of how Technology Transforms business and society. Emily chang is there in half pat bay with the with guilty. Herewonderful conference in half moon bay. The ceo joining me now. Its such an interesting crossroads in the world of technology. Businesses are going straight to the crowd and many of them bypass the tools you offer. How do you find new customers . Clearly, we see our task is helping our existing customers move to the cloud as well as capture these new customers going to the crap going to the cloud all stop one of the strategies is to be an aggressive layer and what we call the hybrid cloud. Asia and weack from announced our service in japan and a partnership in australia and progress in china, clearly participating in both ways. As big as google are doing things differently and trying to get around the tools you offer. Beyond server virtualization, where else are you gaining traction . First, virtualize the whole data center, the network and the storage and deliver it through a layer of management and automation to take people out of the process and make it more efficient. Then move from the data center to the devices. We made a big acquisition around air watch. Mobile devices where the world is moving to, business is doing great for us. Everyone here at this conference want to know why are you not separate companies . Out a clear view that a combination we see ourselves as fettered together some a tumultuous waters we are going through and being better align on our strategies, leveraging structure between us and the technologies and whileng them together also offering customers choices and flexibility along the way. We believe it is the right strategy and one that will help us see through a tumultuous time in the industry. Can you envision a day when you are separate companies . Mark andreessen thanks every older Bigger Technology company at some point breaks up. How do you avoid that fate western mark mark and i have crossed swords on numerous occasions. We have had some good points of disagreement in the past, but in this regard, we see that there are changes in the industry and we have seen some split. With these companies, we are Better Together and are quite committed to cs through a changing time and hightech. Lex why is it better for customers . Customers can choose to work with one of us while not working with the other two, but they also get the benefit of us coming together. Customers have said we want you guys to work closer together and these are the largest i. T. Companies in the world working there strategies to transition. Investorse activist banging on your door sayings lit up. How much attention do you pay these guys . Its largely not an issue for us. Its a question to the emc board. And ourur Team Customers to focus and execute all stop emc has to decide the best route and respond to shareholder coerns and setting a multitier strategy they think will be successful. And you say you are Better Together but is this something you guys are thinking about . Five or 10 years, who knows . But for anything in the foreseeable future, this is the best way. Cto atwere the first intel. You know better than anyone how difficult it is to innovate at a big company. What sort of lesson are you taking from your career to make the chge . Is a critical point. One of the things about the federaon structure is each one is able to innovate and we are able to acquire the best talent and innovate internally and acquire companies on that leadingedge of innovation. Not letting the bigger structure help them too much while still enabling them to accelerate their position in the marketplace. Andreessen argues innovation can be better once the company splits apart. Do you think you guys will revisit this . I think its the responsibility of the board to keep looking at those kinds of questions. Growing invating and each of the segments ithe marketplace and attracting the best talent in the industry and doing some really cool things. Back to you. Better together for now. Much. Nk you th so when we return, julie hyman will have a monday on the markets of date. Shelby holliday is back from a visit to the Walter Reed Hospital of research to learn about a promising vaccine for ebola. Details when we come ba fears about ebola in the United States have seemed to six sided, but trying to stop the virus in west africa continues. Vaccines and therapies could be helpful if approved, but in order to use them, researchers must clear a number of regulatory hurdles last all stop Shelby Holliday traveled to the Walter Reed Institute of research where a human trial is taking place. Developing a vaccine typically takes around 10 years and can cost up to a billion dollars. As the epidemic ravages west africa and spreads into the western world, researchers are rushing to find a cure. An Infectious Diseases war. The need for these countermeasures is more keenly felt thathis point in time. Rex here at the Army Institute of research, doctors are fast tracking human trials of a promising vaccine. About six weeks what would normally take six months. So far, the animal a that has been outstanding, protecting 100 of monkeys run ebola. But there is no ebola virus in the actual injection. Virusd, it contains a cow. As it replicates as a live virus would, it puts on a coat that looks like ebola. It mounts a response and that response will be renumbered, we hope. The biggest challenge for researchers is they cannot determine efficacy by exposing people to ebola during the trial process. Only be testedan for safety. If you dont go through this sting and you skip steps, you put people at risk for harm and put out products that may not work and may make the situation worse. The doses are bumped up and volunteers are monitored for side effects. Rex we are watching for safety signals. So far, the vaccine appears to be safe and strong preliterate data is expected, but even if it moves quickly through the clinical trials, there is no guarantee the vaccine will actually work all stop that is the Million Dollar question will we have effect is vaccines for this outbreak. It is difficult to tell. Shelby holliday joins me in the studio. What areccine is safe, the steps to get it approved . If we get the preliminary data back, therell be bigger safety trials abroad and there could be phase three efficacy trials. While these are going through the regulatory hurdles, there are big challengers big challenges for the producers. They have to manufacture a lot of these and manufacture them at 80 degrees lsius. You have to get it from here to west africa and there are a lot of challenges in the way. And you have to get it there in time to help. That is the big question. Is thise scenario epidemic and and we dont have to do the vaccine. Ut they are going through these regulatory hurdles because they want these things approved if we see another epidemic. When wl we know if it is effective . That is challenging. It is not safe enough and is not effort not ethical to give someone ebola whether it works. They are looking at trying this on medical workers, gravediggers, people who are exposed to ebola, but that might be one of the most challenging things, determining whether or not it works. Thank you so much. Is on the markets. Julie hyman is standing by. Take a look at stocks right now. We are seeing them rally not a huge rally, but the dow and s p are trading at records once again as investors weighed what is going on in the economy. In terms of movers, youve got to look at the Cable Companies today after barack obama called for whate said are the strongest possible rules to protect the open internet. A regular he appointed as the fcc he did trigger the decline in these cable stocks the fcc panel would need to approve the rules he is proposing. We will have more on the markets in 30 minutes. Welcome back to the second halfhour of bloomberg bottom line. Im mark crumpton. All week, we are looking at the theme of risk in the economy. The meeting of the Security Industry and Financial MarketsAssociation Began here in new york. It route together leaders of the Research Industry with members of the media. Mr. Benson, welcome to bottom line. Thank you for your time today. In your speech this morning, you said policymakers have an obligation to consider the cost of impact and redundancy of new rulesbased on empirical evidence. What are your members telling you about how they are able are not able to navigate these new rules . A couple ofn instances, we are seeing situations where we have conflicting rules between agencies and conflicting rules in the cross order space where for instance, under the westruct set up right now, could have u. S. Swap dealers having to comply with certain rules from the u. S. And rules of the host countries where they operate all stop we are seeing a situation where we see what we would call the gold plating of rules coming out of the Federal Reserve as it relates to large and unclear swaps. These are things that while many are still in the rulemaking process, we are concerned about the trend line and we hope regulators will take that into consideration. As we see more impact of doddfrank play out in the market, which areas have benefited and which areas are still being hindered . Space, wederivatives are going to see the central wearing come into play and see areas on the buy side with respect to Interest Rate swaps where the Dealer Community has come together to improve prophecies. That is spurred on in part by we movenk, but as through this implementation process, we are seeing firms pull back from the amount of inventory a are carrying and their capital costs are adding additional burdens. Notwithstanding the fact that you need higher levels of capital. Awe could only get worse move forward with a rule implementation. Mary jo white and my colleague Stephanie Ruhle discussed highfrequency trading and chairman white said clearly the markets have an affinity and technological changes, particularly the equity markets. But she continued we wanted to optimize the level playing field, fairness, debt and quality for every way for investors and companies raising capital. What are your members telling you about highfrequency trading . Is it too fast increasing the risk of malfunction . We came together across the organization this year to come up with concrete goals and recommendations on how we think you could improve market structure. Chair white is correct. Equity structures in the u. S. Are lightyears more efficient today. Certainly the Retail Investor is getting the benefit of that efficiency in terms of execution and price, much that are than they were 10 years ago. Notwithstanding that, we know the markets are much more fragmented and complex will stop that runs the risk of undermining confidence and that is the worst thing we think could happen. That would include things like upgrading and making sure everybody has access to the same data at the same time. Those things would go a long way toward bolstering investor confidence. Marketsl financial buckled and investors started pouring into u. S. Government bonds and yields were plummeting. At the bank dealer of nova scotia told Bloomberg News he saw what was coming, so he turned off his computers and executed client orders individually over the phone. No one is quite sure yet about what has happened in the treasury ma