Reach out to republicans and make sure i am listening to them. I look forward to them putting over at a very specific agenda in terms of what they would like to accomplish. Lets compare notes in terms of what im looking at and what they are looking at. Meanwhile, Mitch Mcconnell is promising to end the gridlock in washington. Mcconnell is expected to be the next Senate Majority leader. Were going to function. The gridlock and dysfunction can be ended. Dysfunction that actually works. Mcconnell promises there will be no more government shutdowns or defaulting on the debt. Bankuropean central staying on the course of Interest Rates. It announced moments ago it would keep rates unchanged at record lows. Investors are waiting to see whether mario draghi will push for more stimulus for the euro zone. We will hear more from him a few minutes from now. Most active stocks trading right now. I must critics seven years of growth. He says the issue is manufacturing keeping up with demand. It is really hard. York, monitoring 357 individuals for ebola. Meanwhile, the new york doctor who came down to ebola is described as improving and in stable condition. Is back with the new york yankees and back in the news. Is with the yankees after a yearlong suspension for using performanceenhancing drugs. Rodriguez admitted under oath that he used drugs while playing for the yankees. He also is denied this. No word what baseball might go about this next. Lets get back overseas. The ecb keeping things unchanged. The pressure remains as always on ecb to do more. And the excitement is in the News Conference. Number one is you want to expand the Balance Sheet by one chilean euros. How can you do that . Can you achieve that with what is already announced . Are your Inflation Expectations still anchored . The bank of japan. How do you react to stimulus from the bank of japan. What it did last week is really expose the ecb with how limited they are. Talked less about the dissent. Is the theater you can expect once it gets underway in a News Conference and reports this week that members were set to mario draghi under his leadership style. You have got to remember these are fragile markets. For the last two years, that pledge and promise. Dissent,is widespread you have to ask the question, how able is mario draghi to do anymore than he already has . Thank you. The press conference starts in just about a half hour. Ets get back to tesla the Company Reported better than estimated thirdquarter results and several years of 50 growth. Overall, a mixed report. They had to direct down their sales target this year overall. Joining me now, jamie butters, who covers tesla and other automakers from detroit. The report itself is pretty mixed. It was in that is right. They had a good report. They be estimated on it estimated earnings and the street. Tesla, two of the last reporters, maybe earnings and stocks fell. People feel like theyre not making enough progress. They get antsy and stock is up so high, they want profit. The stock just went up like everything was great. They did. Part of it was the way muskets lanes they missed sales targets. They have got demand. Right. There have been questions about demand. Themrked hard to assure. Hey have plenty the interest really served and more people want to buy the lot ofnt teacher to a luxury buyers. But really constrain on capacity and there continues to be a challenge trying to make more cars faster and keep the high standards and meet the high standards customers demand of them. And it raises questions about the future model elon musk will unveil. Three, which will be the massmarket. Also the model s. I have lost count, how many times has he given a deadline and pushed things that . The fourth one . Is at least the second area that is right. Away is not ad manufacturing thing. It is about continuing to tinker with the design. He said in february, is about him being a perfectionist. He thought about how it is hard to change the wheels around the bus. Ford trying to build his company when it was new, but even more recently, there was huge demand for it. There was no way the fusion was going to outsell the camry. You can add to them over time, thent takes years area people do not want it anymore. A big bet on me put it billion dollars or more into the ground to build these factories. He has had progress in fremont and the assembly plant. The key factory seems to be going well, but it is an ongoing challenge. Thank you. Has the who Huffington Post, the tech crunch. 627 627 million. We are really focused on making mechanized changes to advertising and making advertising as easy as ecommerce. Advertising revenue will be coming into the bottom line. Profits. We have our highmargin on a offside tearing down. On the advertising side, we are gaining profitability. The Platform Group got more profitable. We will see that happen. It is just we have investment mode. That will turn into profit mode and youre seeing that happen now. You have and they on a programmatic. You have been on the forefront of that. How do you continue to build on that. A more aggressive facebook and google on the advertising front . Billion of0 to 600 an industry. The marketplace overall globally is about 4 of advertising. That leaves 96 . We are signing the deals approvals around this and we are doing linear tv and i feel very good about where we are. There will be10 programmatic systems and industry will be one of them. We want to the top once, but we are in a very good position to capitalize on the changed. The change. Getting moreo much and more into content. How do we get advertisers to pay up for the content . It seems to be in the opposite direction. Content. Amount of we had advertisement prices that are growing overall. Our advertisement prices individually are growing. Transition to our formats. Investments were making in 2010, 2011, 2012, that people were questioning, looking forward saying, content will be important for this exact reason. We have been able to get in front of technology but also immune to emirates francis. Mentioned,es you theyre doing content distribution. We are doing highvalue content brands and distribution and monetization. That is a huge advantage for us. Life on my table tell Cable Television, only a certain number of channels we get and only a certain number of hours to put the content out. Some point, even a user like me, my eyeballs only go to so many places. Competition, wont that eventually lead itself out . Cut the bottom line is you do highquality content and we do high the content. As the system gets better and better him a bit will focus more and more on highquality content. I would say the content quality is finite. Peacebeings want just of a sources. The benefit is, as all the distribution of the the and the algorithms personalize things for people, they will go to places like bloomberg or Huffington Post to get this information. The content low is the popular, but will not be able to compete with highquality trusted content. Aol, the other front on you have got a growing programmatic advertisement business and a growing content business. Do you need to let one of those go . Hishat were organizing three main areas. Services. Aol brands, those kinds of brands. The programmatic and video last ones overall. Between those things, we have a nice flywheel effect on the business. Over time, we will continue to manage business on the value side for aol and on the growth side or content and that forms. Managing in the mode you are describing now. Moving and shaking this hour, hiphop mogul jayz fear you know him for his music and his closing line and is Talent Agency and maybe for his life come up beyonce. He is now branching out. He has promoted it in his music and public appearances. It is not for insignia of the ace of spades on the bottle. At 250. Tag started i imagine it would be a pretty penny. President obama has had a world word of words not over politics, but over his golf aim. We will hear if the words carry any weight with his golfing buddy. We will be back. Many close to the administration called tuesdays vote a wipeout for the democrats. Obama knowledge the gop, he struck a tone of togetherness. I continue to believe we are simply more than just a collection of blue and red states. We are the United States. I want to bring in my guest the hour, the former head of ubs america, friends of the president , a golfing buddy who has also served on his job counsel as well. Would you call this a wipeout . Clemson a question and was a strong night for the Republican Party. I look at it in little differently. Of the 24 states, the president lost. 80 on the ballot. I did not have high expectations. I think the democrats did not learn their lesson from 2010 when they try to detach themselves from the president s policies. Parties. Those i think it is naive you can to think you can caucus with the president on policies and then detach from the election. What his policies are not the policies of the American Public . The truth is, we should have debated policies the railway. , i think it is a debate democrats should have taken. Minimum wage, it was on five ballots. All five ballots slept. Four of those ballots were republican states are arkansas, nebraska, south dakota. It annoyed. Not going toure vote democrat, does not make a difference one way or the other. But youre going after the independent vote and i think you should debate on the economics. Classroom republicans did a good job of getting the voters out to the polls. Men out getting white to the polls. If you look at statistics, which i read through this morning, three quarters of the voters at the polls were white. Republicans, 31 white men. 31 voted for a republican candidate. Clearly, it almost begs the question whether republicans need a hispanic or they need the navy aftere americans. Maybe it is ok if they galvanize the white base. I would not say that way. Republicans ran a strong race across the country. There was a third less of voters out. Was, one thing the president does well is he brings people to the ballot box. He showed that in the National Election. But he did not this time. They detached from him for the most part. When in dupont into pennsylvania and won the governorship. Minnesota. You can take a swing states and say, where he went, we did ok. Lets not project two nights ago for 2016. During the midterm and the lameduck environment, the following National Election and the senate, look at 94 and look at 2008. Can you blame some of the Democratic Candidates for doing this . They lost partly because they were attached to obama. Republicans did a good job on that. They did, but if you have republicans going against the have the, and you democrats going against the president , it is easy to think about whose side will win. Day with me. I know you not going anywhere. We will have more of a debate with the former staples ceo joining us. Youre watching in the loop live. Time warner and dish network is getting ugly. Says it is not quite the product it used to be and threatened to drop the network in the Earnings Call earlier last week. Ceo john martin struck back saying they were very antagonistic and aggressive. Trying to get a deal done after many channels went dark. Cutting 14,000 jobs as it works to revamp her. Its investment. Newsng down with bloomberg for an exclusive interview and said the u. K. Bank will have fewer, very highly paid anchors. In terms of pay, we believe in paying for performance, and we are able to do that as we reposition the business. Of course, as we make our investment and more focused, we in theve less people organization, but that is in questionthe strategy. Jcpenney getting into the holiday spirit. Announcing it will open at 5 00 thanksgiving day. Three hours earlier than it opened last year and at our ahead of the competitors macys and polls. They will open at 6 00 p. M. You may not have finished half of your turkey dinner by the time you need to go shopping. Bloomberg television is on the market. We saw equities were stocks rallied yesterday to record highs after the midterm election. We are coming off of that just a little bit and you can see s p futures in particular. Job number sold come out. The allimportant government jobs report. We are on the markets again in 30 minutes. Back on retail a few months ago, a related announcement in the markets, his first new york city store will open in manhattan. At the same time, it was also planning a retail coup on the other side of the world. Macys announced plans to build , theys department door first macys ever outside the United States. That was the man making all of this happen. Urban. Sident and ceo of also, my guest host staying with me. His fair share of international travel. I have been working there for five years. Experiencegiven the footing makes use projects in the u. S. Like here in new york, we have done it in box in boston and washington dc at all over the country, but five years ago, we made our first trip outside the u. S. To see if we want to do international business. We had counted people. With that china and i took the middle east as an assignment. My first trip, i made with the first chairman of bloomingdales. You may know the retailing world is not offered directly by the retailers. It is offered by the offices who own and operate the stores. To make these deals, you have to get a close understanding. We picked the number one family, who will do the most extraordinary job there. We made a bloomingdales deal as well very it will be their second store and the first macys store outside the u. S. Ofopened our first phase this Retail Project a year ago. Every luxury brand you could name, the top 50 brands in the world. A Four Seasons Hotel is under construction. A lot of the rich families in the oilrich countries, dont they come here to go shopping . I hear it is christmas in summertime, they come to your to new york and l. A. Paris. They certainly do. Do, like im sure you theyd travel extensively probably four times the year on average. They go to europe and america. They want to shop more than four times a year. The convenience factor of the impetus the International Brands means they can shop, which they do. First of all, i have the utmost respect for your company. Other than your ceo of the miami dolphins. They had a good game, by the way. As that is a good number. I will ask you a question because you have done amazing eggs around the globe. How do you take in consideration Something Like loyalty down and listen or risk in the middle east, when you know you will be in the middle east for the long run. How do you think about shortterm versus longterm and do you change your Investment Strategy . Strategiesre of our is longterm real estate. Everything we do is try to the best in. It is who you put in there any architecture and planning and execution of these projects is unequaled. No one matches what we do in those categories. From a competitive point of view, all of the people who live there, 90 , are educated in the u. S. They travel all over the world and they appreciate the western oriented as fusion that they do. And they love brand names. The world a area of good benchmark or a good gauge of how international is as are behaving . There is an article in the paper, the New York Times, that and theyut the airline are proliferating in the u. S. And coming in the u. S. Ind is large his orders airline history, but he does airport building a 7 billion airport, our architect is billion airport. Between them, youre talking about two fourth 2. 5 billion People Living two hours away. It becomes a mecca for three and four day trips, weekends, and special shopping trips. It is the safest place in the world in that part of the world. Car thank you for joining us. Great to see you. We are getting headlines right now not just on jobless claims, but the lowest level since 2000. We are also getting oil headlines as well. Almost all the demand forecast for crude on show, the breaking news this news desk with more. That is right. They released their 2014 outlook. 42 of the world houses oil. Demand for crude for these countries may fall to a 14 year low of 28. 2 Million Barrels in 2017. That is 600,000 a day from last 800,000ses from or, and below the amount required this year. They also lowered every published forecast towards cruises 2045 except for next higher than previously thought. It was did by 700,000 barrels to 92. 3 million a day. You are seeing a plunge in oil prices. You have got to go to the pump to see that. Initial jobless claims for the weekend. That is better than forecast. 238,000 jobs. Bottom linee the same story is pretty good, as there is demand for employers to increase their workforce. The jobs market is slowly taking up steam here. Thank you so much. Much my head on the jobs and economy and what the gop victory could mean for jobs in this country. We will ask a former ceo as well as my guest host. Plus, an analysis of tomorrows allimportant government labor report with our all our lineup. Look at the lineup. Come on. Ill be joined by a labor secretary, economists, as well as a real estate developer, bruce ratner. That is all coming up tomorrow. Mario draghi speaking right now in frankfurt. Mario draghi saying a variety of things, including the ecb was unanimous in their commitment to if they need. That is let them are faxing and i. At this fixing at this point. You the newsng conference at premier anymore headlines coming out. If you want to watch this, you can watch this right now on our live event channel. Do not turn that dial. We have a lot more coming up on including back here in the u. S. Republicans planning for the pipeline and also restoring the 40 hour work week. House Speaker John Boehner and Senate Minority leader right now Mitch Mcconnell had an oped in the wall street journal saying, the logjam in washed and will be signaled to be broken. Joining us now is to