David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . After 16 years as the ceo of ge, you have stepped down. Is a big burden off your shoulders now . Jeffrey i do think if you are doing the job well, you feel ownership and you wear that 24 hours a day, seven days a week. Look, 16 years is a long time, i am starting to feel a little bit of decompression. David do you think it is too long to run a publicly traded company . Jeffrey i think there is a right time and wrong time in terms of doing it. A company of our size, you have to do it long enough to make a difference, shape strategy. At the same time, it is good to get a new set of eyes on these things. As things change, you develop habits. Are you listening as closely as you need to . I think personally, 16 years
Surged inurces beers hong kong after agreeing to buy sab millers stake in their chinese joint venture. It gives it full control of the worlds best selling brew, snow beer. Transaction still needs regulatory approval. Those are the headlines from Bloomberg News. Lets take a look at the markets right now. Hong kong and china currently closed for lunch. Heres how they were trading in the morning session. \ mumbai alltokyo, and rising today. We will be back in half an hour. Emily im emily chang and this is bloomberg west. Apple and the fbi testify before congress. We bring you the latest arguments. Attorney general Loretta Lynch addresses tech in silicon valley. She spoke to me about where she stands and says apple shouldnt decide this issue for everyone. Zyngas ceo stepping down again. We take a look at what comes next for the struggling gaming company. The House Judiciary Committee takes on the encryption battle. The fbi and apple delivered testimony on this bitterly contested debate. Fb
Coffee, pause, and you know you will be able to use sir Francis Drake boulevard. What a relief. Today, state water officials will vote on tough new restrictions that mean 500 a day fine if you wastewater during the drought. If you wash sidewalks and terrorisms or overwater the lawns you could be fined. Same for washing your car without the reduction nozzle on the hose. The meeting in sacramento starts at 9 00 a. M. And Katie Marzullo will have a report on how the fines work at the top of the hour. In San Francisco, city departments are struggling to comply with orders to cut water use. A 10 percent cut in consumption is ordered. Departments have cut water use since declared by 6 percent. Sfo and Housing Authority and parks and rec and the Public Utility Commission which manages the water supply are the biggest users. Fremont police are investigating if there are more victims of a party City Employee accused of were thatting photos up womens dress. The employee was stalking her through
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