terry hobbs could be the source of that hair on the ligature.ld be the source of that hair. none of the defendants could be the source of that hair on the ligature. >> take a look at just how much support they have. thousands of postcards, some as far away as los angeles, california, and europe, all supporting the west memphis three. >> did you murder the little boys? >> well, i'd have to laugh at that and say there is something wrong with someone who would think that. that. >> stepfather denies having anything to do with the murders. and the arkansas attorney general's office said in a statement it will review and respond, but warns the legal process could take months and possibly years. >> do you feel that you're as close as ever to actually getting a new trial? >> we get closer, every day, yes. with the work that we're doing and the evidence that we're finally uncovering, i think we're getting closer all the time. >> sad to see that there is people out here trying to get the killers out of prison that deserve, every one of them, to be hung by

students rights activists and elise much unknown site of the eighty campaign is in baucus on scotch and hobbes two lines which began two months ago if somebody were to stop and get to quit done had maths. you cannot see causing some four hundred and fifty miles in three d sitting fees. it was the second phase which began in december thirty three from toowoomba to sit in protest outside the un headquarters in capitan is now mumbai c'mon system to monitor the company of missing persons under the diesel fuel is indeed an edt nine canadians agencies. in the would you be. add to this post away something which missing persons. it is stated in the mont said the concerted efforts to get some news about the campaign instead it ends from the country's security agencies to fill in much of activists said. bach is the biggest buildings but it was just on is all to its list. but baucus exploits its gas and had to source as it does not pay any loyalty to the bluish. umno can and put it on me and critically short of its type to sources has written more for himself with a deep and painful feed him success of t

this is the first since he ended calvin & hobbes in 1995.he conversation with fellow readers on twitter, facebook, instagram and msnbc.com and keep telling us what's important to you. [ male announcer ] this is kevin. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. i was okay, but after lunch my knee started to hurt again. and now i've got to take more pills. ♪ yup. another pill stop. can i get my aleve back yet? ♪ for my pain, i want my aleve. ♪ [ male announcer ] look for the easy-open red arthritis cap. [ ship horn blows ] no, no, no! stop! humans. one day we're coming up with the theory of relativity, the next... not so much. but that's okay. you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car, and we give you the money to buy one a model year newer. learn about it at libertymutual.com. liberty mutual insurance. responsibility. what's your policy?

we read hobbes. hobbes andead both locke because madison did. we try to balance these things off. it in post 9/11? yes. i regret in 2011 we did not do a 10-year tuneup of the patriot act and the irtpa. they desperately needed them. we just do not work that way. we muddle along. i think we will take two more. thank you for the presentation. you started off with a couple of points. you are talking about america's cultural dynamic. cinema, the spies, post-wwi. then in that, how it was being presented in this genre, the multimedia, which was the media for the u.s. at the time. fast forward now to we are in everything, the whole gamut of internet, tweeting, everything. the lieutenant general made a point about the rapidfire communication. >> he is a great guy. the rapidfire information that goes on 24/7. intelligence community, through information to the public, ever try to keep up with the pr, the very things you are talking about? public is virtually clueless. the information is being left in that can usemedia it which ever way they want to at any moment they want to. or flipping it

we read hobbes. hobbes andead both locke because madison did. we try to balance these things off. it in post 9/11? yes. i regret in 2011 we did not do a 10-year tuneup of the patriot act and the irtpa. they desperately needed them. we just do not work that way. we muddle along. i think we will take two more. thank you for the presentation. you started off with a couple of points. you are talking about america's cultural dynamic. cinema, the spies, post-wwi. then in that, how it was being presented in this genre, the multimedia, which was the media for the u.s. at the time. fast forward now to we are in everything, the whole gamut of internet, tweeting, everything. the lieutenant general made a point about the rapidfire communication. >> he is a great guy. the rapidfire information that goes on 24/7. intelligence community, through information to the public, ever try to keep up with the pr, the very things you are talking about? public is virtually clueless. the information is being left in that can usemedia it which ever way they want to at any moment they want to. or flipping it

seems that it's the authorities who are on the back food was more people hope and countries turn to hobbes for illicit trade now israel is one of them. and in new york there's a high security cemetery with a shadowy past still added we meet a woman who was even denied the right to visit the grave of her child their. technology innovation all the developments around russia we've got the future covered. maggie what you are to international a breach of citizens privacy in germany is apparently too much even for the country's leading hacker organization the chaos computer club is suing chancellor merkel and the government for failing to prevent the u.s. and britain from spying and germans are just spoke to one of the activists behind the move. we have strong indications that the driven government. or work together with the american spies on all of our editors and live at the moment even if the whole media blitz covering but they stay very very passive and they are it for us it looked like they were just waiting until the storm is over and that's why we want to force the federal prison prosecut

policies and billions of dollars spent on fighting the problem the study also lists world's largest drug hobbs' naming israel and on down policy reports on how the country became a major traffic center. like most major cities there's a dark side to the tel aviv night scene armed with a hidden camera we visit one of the popular downtown nightclubs everything's on offer short of doing drugs in the middle of the room. using drugs in a twenty five years but you know. stuff and there are sixteen years ago. i fell to the heroin and this was terrible one is a former user he spent many nights in prison and paid the ultimate price we were living on the street do you know if we want to do it you know you just you know you want to use this you're getting a berth for an hour or two to get it again so it's a circle that soup can come out from a lot of people coming over from the circle my wife she died from the drugs. she couldn't stop with for borders drug smugglers are entering the country from all sides although in this instance security forces manage to make an arrest they cannot stop them all israel h

we in turkey read hobbes. i said no, no you've got that wrong. we read locke and hobbes because madison read both and we do really try to balance these things. did we overdo it in post-9/11? yes i regret the fact that in 2011 we didn't do a tenure to not of the patriot act and the irtpa and the homeland security because they desperately needed them. we just don't work that way and we muddle along. i think we'll take two more. >> the lane with four nature education. first of all thank you very much for your presentation. it started off with a couple of points that i would like to thread back to. you were talking about america's cultural dynamics and early on you know this by pre-world war ii, post-world war i, pre-world war ii, post-world war ii and how it was being presented in the somatic genre which was the multimedia, which was the media for the u.s. at the time. now fast-forward to now, to we are in everything, just the whole internet tweeting and everything. so going to a point that lieutenant general flynn made a couple of months ago here a

we read both locke and hobbs because madison read them both. and we do try to balance these things off. did we overdo it in post-9/11? yes. i regret the pact that this 2011 we didn't do a ten-year tune-up of the patriot act. and the irtpa and the homeland security act. because they desperately needed them. we just don't work that way. and we muddle along. yes, ma'am. i think we'll take two more, and then we'll -- >> thank you. [inaudible] thank you, first of all, thank you very much for the presentation. >> thank you. >> you started off with a couple of points that i'd like to sort of turn back to. you were talking about america's cultural dynamics and early on in cinema the, you know, the spy, pre-world war ii -- post-world war i, pre-world war ii, post-world war ii. and then how it was being presented in this cinematic genre which was the multimedia, which was the media for the u.s. at the time. now, fast forward now to we're in everything, the whole gamut of, you know, internet, tweeting, everything. so going to a point that -- [inaudible] m

>> steve hobbs, no but if it does happen, i hope it's tahiti. >> i hear you.one time my television ended up on msnbc. totally hash tagged the wrong place. >> logan ended up between the moon and new york city thanks to delta. >> that's great. we got a lot of philosophical responses. i think our viewers have been drinking. thanks so much for watching. >> we hope you find yourself right here again. >> in the right place. >> tomorrow. >>> fox news alert right now. the senate convening for an important vote to restore key benefits to our nation's veterans. hi, everyone. i'm gretchen carlson. welcome to "the real story" live from d.c. today. so we are live as well on the senate floor as lawmakers consider this massive veterans bill that would repeal the cost of living adjustment cuts in the recent budget deal. chief congressional correspondent mike emanuel live for us on capitol hill. mike, set the stage for us. >> reporter: well, gretchen, welcome back to town. several republican aides i've talked to expect they will get the 60 votes necessary to proceed on this bi

. >> calvin hobbs is considered an expert. >> mine comes off about 25, 30% alcohol. most people get caught with wine, all they do is lose their wine, get a write-up. they make i take me to lockup because my wine has put people more in lockup, to fight. they want to fight you. they will lock your bitty ass up. i said, what, i'm not making nothing, man, what are you talking about, i'm sober. >> he comes up clean today, other inmates are not so lucky. >> it's called boots the home-made wine. it's what they brew basically for the weekends, watch the football game. it's like us going to the br and having a drink and it's strong, too. >> though holmes usually considers he hooch-making operation, the prison allowed him to show our cameras it's done provided it's destroyed upon completion. >> i tell you what, two styrofoam cups you are drunk, three you are passed out. three you go to the hole. i take my jug, a gallon jug and this is half gallon here. i got another half gallon of orange juice. we're making a glovenl i take my sugar and i take your juice and you can mix. let i

is what chris elliott bliss does is like of kind of tenets and charlie brown mixed with calvin and hobbes. and that is what you need. the front of his work as he does hire. that's what he does. that's what this is. i remember -- can i have your book one second. this is where he knew how great he was. i asked him, we had a scene and i want to abraham lincoln standing on the spot where martin luther king junior gave his speech and will see the crowd going all the way to the washington monument and the sun is a nice guy that to be pressed taking and we have to fall in love with it in this better be the best picture you've ever drawn in your whole life. that's all it has to be. he drew this in a moment and this was really looking. when he handed the sin, i was late, its allies. the books are laughing at the real collaboration. i think usually when you do children's books, the publisher usually picks out the person for you. i came to them with this fully formed and gave them the art and said this is the guy of what you were with. if it's not lovable, it's never going to work. so we definitely

we read hobbes. i said we read both hobbes and locke because madison did. we try to balance these things off. did we overdo it in post 9/11? yes. i regret in 2011 we did not do a 10-year tuneup of the patriot act and the irtpa. and the homeland security act. they desperately needed them. we just do not work that way. we muddle along. i think we will take two more. >> thank you for the presentation. you started off with a couple of points. you are talking about america's cultural dynamic. early on in cinema, the spies, post-wwi. then in that, how it was being presented in this genre, the multimedia, which was the media for the u.s. at the time. fast forward now to we are in everything, the whole gamut of internet, tweeting, everything. the lieutenant general made a point about the rapidfire communication. >> he is a great guy. >> the rapidfire information that goes on 24/7. how can the intelligence community, through information to the public, ever try to keep up with the pr, the very things you are talking about? the american public is virtually clueless. t

hobbs, simon hobbs, back to you. >> santelli, rick santelli, thank you very much. reaction from steve liesman. i guess, steve, the big question remains the degree to which the data is temporarily depressed because of the weather. >> that's right. and especially this data here, simon, this is very volatile data. a little bit less of decline than forecast. economists look for minus 1.8 and coming in minus 1.5, you suppose you call it damning with faint praise. a big change in civilian and defense aircraft which really reversed the strength of the prior month. my guess it could lead depending on the shipments estimate to a little bit downward revision to the fourth quarter which was at 3.2. and inventories were up as well that's interesting in the face of lower orders, so that's going to be a question. we're definitely in the middle, guys, of an inventory readjustment and that's why you are looking at sub-2% growth compared to north of 3% in the prior quarter and north of 4% in the third quarter. karl? >> steve, thank you for that. steve liesman back at hq. the big ne

. >>> "travel & leisure" reporter simon hobbs is with us. stock up 17% in just six months. quite an amazing ride for that company. simon, take it away. >> hey, klayla. mid-scale hotels, half a million hotel rooms and he really knows what's going on in the economy. steve, welcome to the show. >> thank you so much. >> a big discussion where we are in the economy and weather-related effects. what are you seeing at the moment? >> actually after the government shutdown which slowed us down and i think shook people's confidence, we saw december starting to come back. what's occurred now is, we are a lot of roadside hotels. we're a lot of other hotels as well. but what happens in a, where you have bad weather is, those hotels actually become refuge for a lot of the customers. we try to take care of them. actually, our hotels have been very full, the first couple months of the year, very strong. we're expecting a strong year. >> overall you expect what to happen say in the second half of the year? >> we expect it to build and we're expecting the year to be significantly higher than

we have melissa lee and simon hobbs doing all the heavy lifting and we are going to give you all the updates on what is happening with the latest. there has been a change in the medal count. got some great interviews for you and as well as a look back at some of the soviet yunion cas that are still on the road here. by the way, i know you have breaking news. serious stuff right now coming from a neighboring country. i will send it back to new jersey with melissa and simon. >> we look forward to all that. meantime, let's take a look at live pictures from kiev, ukraine. riot police are moving in on thousands of protesters encamped in the city center. at least nine people are dead, two of them police officers in the clashes. parliament was set to debate changes to the constitution, curbing the powers of the president. the protesters want constitutional reform. authorities had imposed an ultimatum of 6:00 p.m. local time to disperse before using all action necessary. protesters have been tossing molotov cocktails at the police and the police have responded with water cannons. simon and i

we got simon hobbs and melissa lee piloting the craft. much more on the nasdaq's 13 1/2 year high.n real estate as well. it will be halfway around the world version of "street signs" coming up in a few minutes. i'll send it back to "power lunch." >> good to see you out there in sochi. richard branson thinks virgin galactic his airline into space should be operational this year for paying customers who actually want to go where few men, women, children have gone before. branson however isn't the only entrepreneur with his sights set on space. jane wells is live at the mojave space port. is this an ego thing or is there really big money to be made? >> reporter: it's a really expensive ego thing if they don't think they will make any money off of it. hard to believe but it has been ten years since spaceship one went up and as you mentioned, spaceship two, the one virgin galactic says will be taking paying customers, they are working on it in a hangar right over here. he says that's going to happen this year. meantime in las vegas, you have robert bigelow manufacturing inflatable space

i'm also with simon hobbs. >> ahead in the next 60 minutes, we bring you the very latest from the ukraineing by phone to putin after a big deal is signed by the government and protesters but will it stick? we have an on the

i'm melissa lee along with simon hobbs.cond away from releasing minutes from its latest policy meeting. let's take a look where the markets stand pre-release here. we are basically flat-lining but it is important to note we have big moves in some key sectors, energy for one is up about 1%. retailers surprisingly also pretty strong. energy, we cannot ignore the big jump we have seen in natural gas. that's largely because of the weather. let's go to steve liesman for the fed minutes. >> the federal reserve at its january meeting had a taper debate and had a guidance debate. the fed, couple participants at the meeting questioned the taper and citing labor market slack and low inflation. several participants also say the taper should continue unless there is a change to the outlook. i want to give you specific language. a number of participants noted if the economy deviated substantially from its expected path, the committee should be prepared to respond with an appropriate adjustment of the trajectory of its purchases. want to

i'm also with simon hobbs. >> ahead in the next 60 minutes, we bring you the very latest from the ukraine. as you just heard, obama is now talking by phone to putin after a big deal is signed by the government and protesters but will it stick? we have an on the ground report for you from kiev. >>> plus, is the u.s. economy headed for a giant iceberg? our series on frozenomics continues. >>> of course, the main host of this program, brian sullivan, will be live in sochi with all the latest olympic action. >>> let's take a look once again at the markets, because we are seeing it is deceptive when you take a look, we are a fraction of a percent higher pretty much across the board. but we are seeing some pretty big moves by individual stocks in today's session. i mentioned biotechs. if you take a look at the index that tracks biotech stocks, that hit a new high. this has been a performer so far this year. also in 2013, continuing to be strong for the year here. ivb along with xpi, all the biotechs doing pretty well. >> in addition to that, you have the expiration, some expirations this aftern

send it down to simon hobbs who i'm told has breaking news. simon? >> yes.dow jones is report that the prime minister of italy may offer his resignation to the president. there's a long running concern within the ruling coalition there as to who should run it and yesterday he came through with fresh proposal, more growth orientated proposaproposals. we did have a meeting today from the party at which stharp going to discuss these issues. it does look as if the challe e challenger, the chief antagonist within that situation, has now persuaded the prime minister of italy to tender his resignation. i don't think this is a market a tas tro sfi in any sense. the coalition will continue as it stands at the moment. the vastz wh majority of people not want to have a change of leadership, certainly not in advance of the elections. yields on the ten year, it looks as if they've been elevated over the last 24 hours. just check out. we're talking about 20 pitts, 15 pitts here. it's not a huge deal on the market that rallied strongly, of course, recently. back to you. >>

thank you, simon hobbs. when we come back, u.s. equity strategy tom lee of jpmorgan chase. says by 2029 computers will be able to understand our experiences and basically outsmart most of us. brings us to this morning's squawk on the tweet. if google is right, how can we prevent the robot apocalypse? e-mail us at squat street. we'll get your answers later this hour. ty difficult thing to. but, manufacturing in the united states means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to get the job done. hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow. which will cause me to miss th

let's bring in simon hobbs as we count you down to the close in the uk and across continental europe.he exception of greece of course, which is up over 2.5%. there was a report in the german magazine over the weekend germany's third small loan from greece to the rest of the eurozone to the tune of possibly 20 billion euros to cover deficits over the next several years. the big picture is negative territory. and the data actually is quite good that we got out of europe today. but it was the data here that disappointed. and that's compounded the emerging market fallout. so you see that we're down quite heavily in the banks bearing the brunt of that. notably the italian banks. a lot of moving parts in the italian banks at the moment. switzerland also way down in negative territory. because of the weak data here, the euro had made an important break lower at the beginning of the session down towards 10-week lows, but because data here in the united states is so weak on the ism, the euro's bounced and quite substantially. we're now up a third of a cent. see how when the ism data came throu

welcome to "squawk on the street," i'm carl quintanilla with sara and simon hobbs, and jim and david off today. we're coming up with the first two-week win streak of the year and the s&p ten points from break even for 2014 and ipo news and m&a and earnings and the ten-year note yield is 10.73 and we'll get data and fed speak and overnight in japan the nikkei posting its best day since august as the bank of japan extends lending programs. the market stocks are set to open higher and the spm coming off the best week of the year and we'll tell you if we are in for another green week in wall street. >>> and tesla's ceo elon musk met with the head of m&a at apple earlier last year and as apple sits on the massive tech pile is the tech giant thinking about buying tesla. >>> and activist agreeing to buy forrest labs in a deal worth $25 billion but in the midst of that $25 billion deal why is everyone talking about carl icahn? >>> stocks are coming off their best week of the year and the indices gaining more than 2% and the dow and the s&p posted gains in six oat uut of the last seve trading

simon hobbs. apple shareholder meeting half an hour away.l investor number one analyst. good to talk to you. should we be alert for crisis? some floating out there in the e ether. >> certainly there are. shareholders meetings don't yield significant news. apple by its very nature keeps things close to the chest. i'd be surprised if we had anything material emerge from the shareholder meeting today. >> i'm thinking of rivals on the cell side who had outperforms for a long time, years, oinlly giving in and going to a more moderate stance. they feel a new product like iwatch not going to move the needle. do you feel the same way? >> apple at a different stage than it was a year and a half, two years ago. apple was the shining example of hyper growth company. the challenge now is it's $170 plus billion revenue company. ultimately the growth imperative is much more challenging going forward. moreover, many of the markets they participate in are increasingly mature. this is a very, very different kind of company. i think it's hard to say with conv

democrats said no site in hobbs endangered and habitats. >> how you can favor fish over people is somethingrt of the world would never understand. reporter: that is a common problem with the water wars in the west. federal rules protected the billions dollars per year, i want to try the pump to send the water south killing some of the fish. democrats will unveil their plan this week. unless we get rains worthy of an arc, california has a big problem come spring and summer. jenna: i have been through some droughts in california, when there was a bad drought, nobody washing their cars, really conscientious of your faucet, toilets and even flushing the toilet too many times. besides the spanish commercial you showed as well, does it seem the message is getting out to californians to not use as much water? reporter: yeah, it is just beginning to come. that is coming down the pike. there are some waters in the reservoir which now are down by two-thirds, so it is all a question of looking forward to. if this process, it is even worse. jenna: i told my texas husband about the flushing thing and he

justin hobbs hitsthis jumper and stuns number one ranked arizona.e last second desperation pass falls short and the bears win it. the crowd is out on to the floor celebrating this big win. first bears victory over a top ranked opponent since 1994. >>> want to recap the top stories this morning. a 4-year-old was found dead yesterday in her napa apartment. her body was found during a welfare check. police are looking for her mother, sarah kruger and her boyfriend, ryan scott walker. an autopsy will be performed later today or tomorrow. >>> california in much need of rain. widespread rain hitting the bay area today. visibility creating two-hour delays at sfo. and janu can tell us what to expect in the 7-day forecast. >> thanks, marty. >>> rain today, chance of thunderstorms as well. dry monday and tuesday. a second system headed our way wednesday night into thursday and perhaps a third one on saturday. >> boy, that sounds great. that will wrap things up for us. thanks for joining us. we will see you again next weekend. don't forget kron 4 news weekend.

i'm carl quintanilla with simon hobbs and david faber at the new york stock exchange and cramer is offeffect of winter weather is taking its toll on housing starts, panera earnings and a lot more. ten-year yield we'll be on alert for fed news this afternoon and mixed markets in

i'm carl quintanilla with simon hobbs, and david faber at the new york stock exchange.t just the earnings from walmart and tesla but wall street sounding off on facebook's purchase of what's app, the biggest start-up acquisition in the history of silicon valley. futures are up

welcome to "squawk on the street," i'm carl quintanilla with sara and simon hobbs, and jim and davidstreak of the year and the s&p ten points from break even for 2014 and ipo news and m&a and earnings and the ten-year note yield is 10.73 and we'll get data and fed speak and overnight in japan the nikkei posting its best day since august as the bank of japan

. >>> also want to take a break from yellen for simon hobbs who joins us this morning. >> in fact, hilton'ss first analyst conference call of the first quarterly earnings since successfully returning the giant to the public market with december's ipo. from virginia now, the president and ceo of hilton joining us in another cnbc exclusive. chris, welcome to the program. nice to see you. >> how are you doing, simon? since we were on the floor of the exchange. >> i know. i know. it was a great day. the audience, people are very focused on what we are hearing from janet yellen, the federal reserve chair, and she has just said that it's too early really to know what the effect of the bad weather is going to be. is that true for you guys in lodging? you just had two standout weeks of industry data. are you guys on a major turning point? >> listen, i think there's no question there's a little bit of impact from weather in the first quarter. both here in the u.s. and the impact -- the knock on impact it had in other parts of the world, particularly london just because of the domestic u.s. travelers

we want to bring in simon hobbs in the uk and across continental europe. how does it look?ion that the european commission raised the growth estimate for the year. overall the economy, the european economy grew by 1.2% because they're upgrading spain from 1%. though italy will be lack at 0.6%. overall europe not really going anywhere. i mean, there is a concern about china. don't forget that overnight shanghai fell by 4%. there's a knee-jerk knock on europe today to the miners as you can see, though. that said, they are off their lows. still the height of the earning season in europe. the world's largest dialysis operator warning the operator here in the united states will have lower reimbursement rates under medicare an uncertainties over iv supply will affect it. and the possibility according to reuters that might be about to bid for medical nutrition unit which might be why they're marked over. trouble over in the french telecom sector. not giving much clarity on returning cash to shareholders because of this guy, illiad that came in and disrupted it and they're all suff

i'm carl quintanilla with simon hobbs and david faber at the new york stock exchange and cramer is offek. we've got a busy morning to get through as the temperatures in the northeast are mild but the effect of winter weather is taking its toll on housing starts, panera earnings and a lot more. ten-year yield we'll be on alert for fed news this afternoon and mixed markets in europe this morning as the violence in kiev has left at least two dozen dead. the roadmap begins with netflix' you'd over verizon as the prime-time download speeds allegedly slow. >>> and let's make a deal, cigna jewellers agreeing to acquire zale for $21 a share while one wall street firm suggests walmart should pick up family dollar. >>> first up netflix has a bone to pick with verizon this morning and its fios service, according to the "wall street journal," the average prime time speeds fell 14% last month as netflix is rolling out a new season of "house of cards" they've been in dispute with verizon and other broadband providers how much content they'll carry without paying additional fees. it is sort of a stor

. >> news you can use with simon hobbs. >> zillow are under some pressure today, the fourth quarter earningsly a beating i believe on the top line. here in a cnbc exclusive is spencer rascoff the ceo of the real estate site zillow. spencer, good morning. >> good morning, simon. >> what is the underlying state of the business? the big news here is you'll ramp up your tv spending $65 million in the year to come. i imagine that's partly why the stock is under pressure today. >> yeah, i mean, last night we announced a stellar quarter which ended what can only be described as a breakaway year. we crushed on revenue and ebita and every metric and traffic is up 70 odd percent year over year, but what we also announced was a big investment in 2014. in 2013 we spent $40 million in advertising and in 2014 we'll spend $65 million on advertising and as a result we'll take a bit of a near-term hit for profitability. we'll keep margins flat-ish year over year but we think it's the right decision to grow audience. we're a media company and like cnbc todayers follow audience and we're now twice the size of

i'm carl quintanilla with simon hobbs, and david faber at the new york stock exchange.ramer is off this week. what a morning. not just the earnings from walmart and tesla but wall street sounding off on facebook's purchase of what's app, the biggest start-up acquisition in the history of silicon valley. futures are up a touch. the yield is up after the fed minutes suggest the hawks are a little bit restless and as for europe we continue to watch the death toll in ukraine. the eu does hold an emergency meeting today. it is facebook's largest ever acquisition by far, the social network whying messaging service whatsapp and mark zuckerberg said the deal came together in ten days and some of the details are beginning to fill in. closing the deal over chocolate-covered strawberries but a lot of metrics being thrown around, david, $42 a user and questions of how quickly this company can grow. >> yeah. of course, the thought being at 450 million users perhaps they can get to a billion. it is considered a communications platform. it is not about advertising. it is about communi

. >>> let's bring in simon hobbs as we count you down to the close in the uk and continental europe.e. one of the best performing stock markets this year. up 12% this year when we're flat in this country. in the meantime, overall, across europe is pulling back from the six-year highs. it's notable a lot of utilities are lower and the uk house builders are also in negative territory. boy, what a run. the uk house builders have had. for example, up 75% during the course of the last year. in switzerland they're clearly watching what is happening with the ceo of credit suisse on capitol hill. credit suisse was down 3%. big mover is swiss life holding, biggest live insurer in switzerland. you can see the result there. a double whammy in retail. third largest retail in the world,es the cois going to abandon the margin target and go out for an all out price war. this is a portuguese retailer. one bright spot for the europeans, eads, or airbus as we call it, has announced it's going to increase its monthly production of its workhorse. the a-320, single aisle, 150 seats a plane from 42 planes

. >>> simon hobbs i love to work with. what's coming up the next hour?ve working with david. we'll talk about tim cook and his product launches at apple and is the money spent buying back your own stock well spent? and we'll have jan hatzius, he was looking for 200,000 as the chief economist at goldman sachs and we'll have the ceo of cigna on the show, that health insurer, the stock is down on the results, the ceo will explain why and how the company is shaping up for the future. hour two of "squawk on the street." could save you fifteen percent or more on car insurance. mmmhmmm...everybody knows that. well, did you know that old macdonald was a really bad speller? your word is...cow. cow. cow. c...o...w... ...e...i...e...i...o. [buzzer] dangnabbit. geico. fifteen minutes could save you...well, you know. a 401(k) is the most sound way to go. let's talk asset allocation. sure. you seem knowledgeable, professional. would you trust me as your financial advisor? i would. i would indeed. well, let's be clear here. i'm actually a dj. [ dance music plays ] [lau

1973 edmunds ruling says you cannot prosecute or investigate a union for criminal activity under the hobbsat the iron workers were no longer engaged in union business. . that will be interesting in court. it's not unheard of. but it's rare to attack it. it's like a mafia organization. >> how sad. i mean, there's so many decent union members, especially in the construction trades. i know a ton of them. they're not hacks. they're not bad people. they're just working men. they're discredited by behavior like this. >> yeah, it gives them a bad name. if you go into philadelphia and you're talking to people in the construction trades and you mention unionism, i mean, the wall comes up. it's something that is definitely an agent of fear there, and i think that's a purposeful image they projected in philadelphia but it's definitely not the p.r. that the unions want. >> you said the feds have jumped in on this. what about the city of philadelphia. if you're the mayor, how could you not vp known about this? >> that's the question. the indictment hints that maybe the b next round of what they're look

the question occurs on the hobbs nomination. all those in favor say aye. all opposed say no. the ayes appear to have it. the ayes do have it. the nomination is confirmed. the question occurs on the blankinship nomination. all those in saver say -- favor say aye. all those opposed, no. the ayes do have it. the nomination is confirmed. the question occurs now on the rojas nomination. all in favor say aye. all opposed say no. the ayes appear to have it. the ayes do have it. the nomination is confirmed. the question now occurs on the tobin nomination. all in favor say aye. all opposed say no. the ayes appear to have it. the ayes do have it. the nomination is confirmed. under the previous order, the president will now be notified of the senate's action. the motions to reconsider are considered made and laid on the table, and the senate will resume legislative session. mr. reid: i ask consent that s. 1963 be returned to the calendar. the presiding officer: under the previous order, two nominations remain to be disposed of. mr. reid: are we in executive session? the presiding office