, farmers in detroit, helping detroit? i'm supplying detroitves in detroit. >> if i ask the same question, i say i don't [ muted ]. i'm doing it well. i'm doing it in a place that i love. and i am demonstrating that yet another person gives a [ muted ], believes in it enough to be here. >> you're 100% right. i never really thought about it until you asked that question. it's like -- to me it's just obvious. >> what will the detroit of the future look like? whatever you may think it should look like, it will probably taste like this. they lived. ♪ they lived. ♪ they lived. ♪ (dad) we lived... thanks to our subaru. ♪ (announcer) love. it's what makes a subaru, a subaru. to prove that it's still fresh on day 30. [ byron ] what do you guys think of the smell? fresh. i forgot we were in a taxi. this is a febreze vent clip. it's 30 days old. wow! no way. [ male announcer ] febreze keeps your car fresh for up to 30 days without fading. a seven day cruise to alaska or the caribbean from just $549. that's seven days to either marvel at mayan ruins... sa

, from farmers in detroit not helping detroit? i'm supplying detroittroit. >> if i ask the same question, i say i don't [ muted ]. i'm doing it well. >> right, exactly. >> i'm doing it in a place i love, and i am demonstrating that yet another person gives. [ muted and believes in it enough to be here. >> you're 100% right. i never really thought about it until you asked that question. it's like -- to me it's just obvious. >> what will the detroit of the future look like? whatever you may think it should look like, it will probably taste like this. so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile share value plans our best value plans ever for business. iwe don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing id

we're not special we're not good at being landlord we would go smoking gun somewhere else like detroit detroit. we have been too good and things should change. we didn't do anything to get the incredible units i have one rental in my home and supervisor wiener we put in some cabinets from i can we we discovered a gold something in our yard. but i think there's a sound legal agreement because our legal system is based on the idea you should have the liability to do what you want as long as your rights don't hurt other people that's why in san francisco we've lead the way in helping people like in gay marriage we and mexicans and cripple lists things like evictions and the heather crystal bluegrass effectively (clapping.) next speaker >> i'm a stand up comedian i've tried to stay in the city i know more about 0 job subscribes. i moved here in 2008, and moved out of the closet into a literal closet to stay here. i'm sure that the landlords think about the impacts of the tenants maybe it they've briefly thought about squeaking insistence and at the same time have a brunch to go to for may people s

one of the lme's biggest warehouses is in detroit. detroit owns about 1.5 million tons of aluminum. charges about $.48 per ton per day. it is making $720,000 a day. the longer it stays, the more money it makes. money can be a very powerful motivator. >> what kind of disadvantage does this create for buyers? >> allegedly it wound up raising prices. if we look at premiums, what does a buyer have to pay over the spot price. it has really sort, up 90% since december. the buyers will tell you it left them at a disadvantage. for example, tim weiner is the global risk manager at miller-coors, he testified before the senate in july. here is what he had to say. we are forced to wait over 18 months to take physical delivery or pay the high physical premium to get aluminum today. it has cost miller-coors tens of millions of dollars. that might have inflated global aluminum prices by $3 billion in 2012. >> amazing, watch alix steel inside the copper trade right here on bloomberg television. here is some metal that moves faster. it might be that bugatti, fastest car in the world. we will put you

detroit. detroit currently owns 1.5 million tons of aluminum. a charge about $.48 per ton per making 700 $20,000 a day, and the longer it stays, the moneyoney it makes, and can be a powerful motivator. >> what kind of disadvantage does this create for the buyers? >> allegedly, it wound up raising prices. if you look at premiums, they have really soared, up like 90% since december. buyers will tell you that has left them at a huge disadvantage. tim wiener is the global risk manager and miller coors. he testified before the senate. wait,d we are forced to in some cases, over 18 months to take physical delivery or pay the high physical premium to get aluminum today. it has cost miller coors tens of millions of dollars. he said it might have inflated global aluminum prices by $3 billion in 2011. >> thank you, alix steel at the nymex on the copper markets. ecb president, a speaking right now. we will keep our eye on breaking news. they're easy futures in reaction to the jobless claims. vicki much muted, still up about .2 -- vicki much muted, still about two -- .2%. los angeles is getting ready to .an cigarettes from smoking to drinking, jack daniels is out with a new whiskey, but it is as hard to find as a place to smoke cigarettes. they "in the loop." ♪ tol.a. is the latest city ban the use of electronic furtheres as regulations or contemplated at the national level. we are joined by the president of logic technology, the second-largest electronic cigarette manufacturer in the united states, and you say it is anisnomer to say that electronic cigarette manufacturers are opposed to regulations. you want to work with the regulators. >> we do not want children to get products in these hand -- in their hands, we support the ban of favored -- flavored products. we support the ban of internet sales and of using television and paid spokespeople. arereality is our consumers adult smokers. we want to correct -- connect with them. they -- the u.s. cigarette businesses $70 billion, and our business is to billion dollar area >> it is growing fast. criticism -- one is that it will encourage people to smoke. >> right. >> it can lead to an addiction to nicotine. and the second thing is it is targeting consumers no matter what because there are other products on the market, vapor electronicre not cigarettes, but they look just like them and they are being smoked by teenagers. >> that is why the fda needs to take action. we would support the sale only in retail stores where there is age verified. andtalk about those pens what we would call a hookah, we would support the ban of flavored products. our products are intended and soul to adult smokers. we have no interest in that business. >> what will you do that others are doing? >> won't you do that others are doing? >> we would like science-based regulation. it is different from a cigarette. to carbon copy cigarette regulations, we would disagree with that. those are the things like taxation, usage prior to science. we think the fda, the cdc, and the nih are the organizations that should at her and communicate to adult smokers what are the differences and then let the regulations follow. the piecemeal approach by the sensibilities prior to the science and fda -- >> you mean banning the e cigarettes. >> banning them. >> you are a small portion, but are you not taking market share from cigarette makers? >> clearly. >> people treat them like a different version of smoking. >> product use might be the same, but regulation must be different. it is not determined what is the harmfulbenefit -- the aspects. quick to are saying there is no >> youom being around -- are saying there is no harm from being around an electronic cigarette? >> we are not saying anything. we would like the fda to weigh in and then let that guide the regulations. the fda is looking at these products. >> what is taking so long? have they not been studying this for a while? respect to the fda, i think it is a complicated product. they have had decades to look at cigarettes. i cannot speak to what is happening. we want to work with them. misnomerarted, it is a -- >> do they want you to work with them? >> they have had listening sessions. i think there is progress there, but on common issues like youth access, flavor, internet sales come a we are clearly in alignment. >> let's say they do find a public-health effect is as harmful as regular cigarettes, you would be ok with being banned in restaurants and public places? >> i would want to look at the science, but if that is how it shakes out -- the reality is our consumers are smokers. i do not think it would be detrimental to overall business if they had to face some of the issues that cigarette smokers face today. >> miguel martin, thank you for joining us. the president of logic technology. you will pay for a sinatraf jack daniels select. it was his favorite drink and he was buried with one bottle of it. it is appropriate that they designed the boxing in the shape of a coffin. how about the tagline -- they were inseparable, and it turns out they still are. it is being sold in limited quantities and you can read about it in the new issue of "numbered as this week -- "bloomberg businessweek." do you want to buy a soccer team? ac milan might be for sale. stay "in the loop." ♪ >> more and more companies from banks to advertising agencies are starting to pay attention to the millenial generation. a new brand has been designed with smartphones in mind what emphasis on going out. we are joined by the food and editor.ital futures great to see you. >> thank you for having me. >> this is nothing new in that we know the millenial's are a hard group to capture. respects,add in many bombarded with information right . how do you plan to capture them with your product? >> we are excited to create a site that is approachable, fun, and easy to access. a lot of our posts bridge the gap between entertainment and service. we might have content -- >> what does that mean exactly? >> we have a full spectrum of content where we have actually researched comedians to write for us. whose alias is boobs readily, she wrote a piece about how to become friends with your bartender. it is sarcastic. dying inight be chicago. a lot of the posts are short, quick, easy to digest. seconds, so5-to-30 they work well on instagram and they can be shared on social. >> what are companies getting wrong with millenials -- how are they not targeting them correctly and what are you doing to solve that? >> every successful brand wants to target this age group. 25-to-35. every brand wants to expand their reach and that is what food and wine is doing. >> do they spend a lot of money? what they do spend a lot of money. there have been stories -- >> do they spend a lot of money? >> a do spend a lot of money. there have been stories about millenial's going out and having a good time. >> is that different from y -- is a x, different -- of this many more the disposable income than others? movement of the food has tried to convince people that spending money on good food, high-quality food is important. usedations in the 1950's to be ok with that, and that we gone to the idea of where you did not have to spend a lot, food should be cheap and fast. the younger generation is starting to think we can have great food and enjoy our life as we are living in. >> others have had on this. marissa mayer, ceo of yahoo! is launching a digital magazine around food. how will you compete with that? >> to be honest, we love yahoo! food and we partner with them or a lot of content creators like weinery 29, and yahoo! food, synchronize content with them, and we feel we are doing something different. there are lifestyle sites for men and women and a lot of food sites trying to create sites for people that love food. >> it is not just about recipes. >> definitely not. vallis, thank you. mogul up, real estate joseph stitt -- joseph's it is in. ♪ >> in bloomberg sports, one of the world's most valuable soccer teams, ac milan is up for sale and you will probably not guess who the seller is. is here.alesci >> it is silvio berlusconi, the former prime minister. it has been in his family since 1986. at the end of the day, we had heard the team was up for sale for quite some time. the news here is that lazard, the investment bank, is actually sending out what is called in the industry and extended teaser that has detailed financial information about the team and talking to prospective buyers. >> who could be the buyer? >> one thing i have to say about milan is it is a great brand, a seven-time european champions. it is a very valuable brand. it has to be somebody with very deep pockets -- pockets. some people close to the say would have to come from an asian buyer that would have an unlimited checkbook because the sport is very expensive and for milan has been trying to turn itself around and it is part of a troubled league that has fallen from number one to number three behind spain and england's leagues. part of it is the businesses on a modernized yet. investors want to come in and think they can modernize them, brand them, and extend them into other parts of the world like asia where true growth will come. >> thank you, or senile ashy. it is 56 minutes past the hour, -- cristina alesci. it is 56 minutes past the hour. bloomberg market -- is on the market. watching in brussels. they are looking to solve this peacefully. we are on the markets again in 30 minutes. ♪ . . >> welcome back. you are "in the loop." it is 30 minutes to the opening bell. stock futures indicate opening higher. british prime minister david cameron says russia's moves are unacceptable. haseuropean central bank decided not to cut interest rates. policymakers are concerned about deflation. prices have been rising since inflation hit a four-year low in october. and it is a warren buffett we've never seen before. it turns out he has employed his buy and hold strategy right here on a piece of real estate in new york city. once talked that we are watching his kroger. it just reported fourth-quarter earnings a few moments ago that talked estimates. -- topped estimates. mike is here on the outlook. on thegreat to have you program. first, tell us about the kind of traffic you are seeing through your stores. exit was a great quarter and just a fantastic year. -- >> it was a great quarter and just a fantastic year. the number of households we have continues to grow. our customer first strategy continues to resonate very strongly with our customers. they're giving them friendly service and fresh products, and our checkout lines continue to be very efficient. you get people through our stores at the front and in less than 30 seconds. based on the traffic we are having in the stores, our customers seem to like what we are doing. >> what about budget cuts? how big a hit have you taken on that? when we look at those households, the way we can analyze consumer data coming through our stores, we can actually understand the snap households and what they're buying habits are. obviously, those folks have fewer benefits from the snap program, but what we are seeing from those households is that they are spending a little bit more in our stores than they were before the cuts, and they are making that up with cash from other sources. of fuel is down and that has helped them to be able to stretch their budget compared to last year. but so far, just three months are upis, our sales slightly. >> maybe that is just a temporary way for them to offset that? the problem could go -- grow worse through the year. >> we offer great price points to all of our consumers, whether you are on a budget or at the high-end looking for all natural and organic products. we believe we offer a great value to the customer. when they shop with us, they get a further does downs on our fuel centers, which are sneaking up on almost half of hours doors. -- our stores. we would expect the customer to continue to like what they get from kroger. >> you and i spent the better part of last year talking about the acquisition of harris theater -- harris cedar and how that fits into the portfolio. safeway is little bit higher-priced supermarket chain. are you interested in parts of safeway, or maybe even purchasing the entire supermarket chain? >> we don't comment on rumors. it does not do any good to comment on rumors. you did mention harris jeter and that transaction closed on february 28. now we can roll up our sleeves and start becoming one big happy family. let's take harris teeter then. it was a pretty big acquisition for kroger at a time when you had been pretty quiet on acquisitions. what is it you have found has been to -- been the biggest benefit to kroger? >> it was about a $2.5 billion acquisition. they got us into some great fast growing market along the eastern seaboard that we were not in. we were not in charlotte, washington, d.c., baltimore, delaware. in thosence they have fast-growing markets was very attractive to us. we do a lot of research. we have a little bit of overlap with harris teeter. they've always told us that they do a little bit better on the friendly and -- friendly associate and fresh product. that is something that we will dig into and try to learn from harris teeter. they have about 160 or so stores where consumers can order online and drive up and have it put in their trunk on the way home and not even have to get out of their car. it is our answer to home delivery. >> you mentioned about what you have learned from harris teeter. i'm sure you look at your rivals and competitors, safeway now being one of them, and as an industry leader what do you look at with safeway? what about what safeway does at -- how safeway does its business that you take away from? >> we spend as much if not more time in our competitors stores as a management team. there are things that we have competed against with safeway for a long time. from the rockies west we have competed with them for a long time. they have had a strong organic organ -- they have had a strong organic label program. we think we are closing that gap. we actually like the solution that harris teeter has little better with worrying about the home delivery. when is always something you go inside a competitor. a lot of people go inside to pick them apart and say you are better than them. in to see what we can learn. >> did safeway go too far in home delivery? >> no, they are very early into it. we've had a home delivery test in denver, colorado, for quite a while. in new york city, i get it. not a lot of people have cars. the dwellings are set up to accept home delivery. and in san francisco, for instance, where they are headquartered, that appears to me from the outside looking in as a market that could work. but here in cincinnati, ohio, our average customer lives less than two miles from a kroger. they probably drive by on their way to and from work. to be able to order online and ife it put in to your trunk you're in a hurry is a good solution. getting those 10 or 15 items that you need can save the customer time. that you andned your team spends ought of time in your competitors stores. -- spend a lot of time in your competitors stores. you observe how they work. they be spoken to the ceo of safeway, -- have used open to ?he ceo of safeway >> we spend time both nationally and internationally and we see as well.that aspect >> thank you for the bloomberg exclusive interview. some of the big names in tech are in california at the oasis summit. emily chang moderated a discussion with eric schmidt and google ideas director jared cowen. they were talking about how the industry has evolved in the last 20 years. >> we talked about this, or i talked about this three years ago. observation was that in my career there's always been one dominant platform. it was originally ipm -- ibm, which was threatened with breaking up. microsoft, the sentence was revoked, bital to me there was an agreement to their tactics. -- but ultimately there was an agreement to their tactics. the raw weights to models. i felt a few years ago that if we just had a couple of those that were beyond belief, it would be better from a regulatory perspective as well as our perspective, and we are clearly there now. if you look at apple, amazon, google, and facebook, they are different companies. reach andhuge market brand value. we could debate if there is a fit or a six, but let's just talk about before. each has a different philosophy ad revenue and customer service differently. when i say platforms, there are very large numbers of companies that are built on that. there are many companies that use amazon for distribution. an apple, we all understand the notion of apple stores and the music industry. google, you understand. facebook is done very well, specially in the mobile platform. seriously does google take that? make internalt to assessments of google. >> there are emerging major platforms like whatsapp. how likely is it that an upstart like that could upset the balance of the horsemen? >> in the tech industry, you worry a lot about the startups. i think, using the four companies that i've described, each of them has strong market positioning with respect to what they are doing, lots of engineers, and so on. the competitor that will be a real challenger will come from a different angle. you always have this different debate -- this debate of whether you buy the companies. and you saw that with facebook, for example. we should see- more of this. the power of connectivity is so great that you have start up after startup talking in conference and they are busy billing on top of these things and there are huge problems to be solved. health problems, knowledge problems, social problems, how do i learn. think about the sum of big data , and in insurance, banking, energy management. these are enormous businesses yet to be built. >> that was eric schmidt alongside google eric shook -- eric dachshund jarret cohen. eric schmidt alongside google's jarret cohen. coming up, joseph's it will tell me whether he has anything to brag about. ♪ >> earlier in the program, we talked about a real estate company warren buffett body 1993. he still holds it today and it is one of the examples, he says, that buying long pays off for investors. supermarket, a sandwich shop, a bank them a staples nearby. but the way came by is anything but typical. larryary investor silverstein handpicked the investment for buffett. and the malkin family, the operators of the empire state building, along with the late fred rose, they did the property deal 20 years ago and they still comanage it. buffett spoke fondly of silverstein and his tip on the deal when i reached out to him, buffett said, i've given larry all of my various phone numbers and told him he can call me day or night. to talk about the investment and how handsomely it paid off is the ceo of the real estate investment firm that specializes in high-end properties in new york. you had no idea that buffett owned this piece of real estate. >> it was a complete surprise to me. it got me all excited. i went to school at nyu. you gone into some of those stories? >> yes, and that is a sixpack of beer location. it definitely brings it all home. career as ay entire student of the real estate industry and my number when teacher has been warren buffett. it's funny how he picked up real estate parables and applied them to stocks and equities, and i've done just the opposite. taking his discipline. >> like what? things they say is time is the friend of a good business and the enemy of a media row core one. -- of a mediocre one. if you buy quality assets and hold them for the long haul, you will never regret it. no matter how high of a price you think you got, if you sold an asset of quality location, almost five years later you will look back with regret. andof the problems challenges people have as institutional investors is that they feel that treasure to sell, to trade. it is a mistake to do so. >> as you say, you buy and hold it as long as you can. we're surprised by the players involved in this, how it all came about with a tip from larry silverstein? is that the way you guys operate ? >> often, it is. we invest for institutions and we invest for high net worth investors. sayomeone will call you and , here is something. >> as they say in latin america countries, you are invited into a deal, so to speak. worthat is behind the net investor -- the high net worth investor, it is appreciation. there is a taxi will pay on the game. -- a tax you will pay on the game. it is inefficient to sell. if you buy it and hold it for the long term, you will never regret it. and as foreign buffett says, your children and great-grandchildren will thank you. >> the biggest thing for you? obviously, everyone wants to buy good, quality real estate. the biggest thing for you come how you know it is -- the biggest thing for you, how you know it is? >> don't focus on the macroeconomics. focus on the quality of the earning stream and a likely earning stream. that youhallenge is a pricebeing shouted at everyday. if you hold on, you are less tempted to sell it and you just close your eyes will stop the people that did -- close your eyes. the people that did during the downturn in 2008 are glad. >> hang on. we will be back in two minutes. 10 minutes away from the open. ♪ but moving and shanking, donald -- mcdonald's see the oh -- >> moving and shaking, mcdonald's ceo don thompson. we will be back. ♪ >> welcome back. it is 26 minutes past the hour, which means bloomberg television is on the markets. scarlet fu has the latest. .> we have the euro let's start there, because it's climbing to its highest level of the session against the dollar since october of 2011. mario draghi says inflation in europe will pick up over the next 2.5 years to get to the target of just below two percent. as for the futures, they are opening higher. the s&p 500 is right around a record high right now. jobless claims is coming -- are coming in at a three-month low. that is the direction you want them moving it. on the market again in 30 minutes. >> the only trade you need to know about today, scarlet stays with us and julie hyman joined in as well. number 10, metlife. the u.s. life insurer is looking to increase in an apartment buildings in new york city. metlife is turning to real estate to boost profit and support long-term obligations amid low bond yields. >> number nine is the foods ,istributor behind duncan hines pinnacle foods said retail sales were up six percent held by the recent acquisition of wishbone. olive the parent of the garden and red lobster chain canceled its investor meeting and will instead meet with individual analysts. darden is facing ongoing pressure from activists investors to improve the performance of the restaurant chain. >> number seven is the children's place, fourth-quarter fiscal earnings dropped 18%. winterlaming severe weather. it has also closed 125 stores -- will close 125 stores through 2016. five -- number six is the book on. in russiaa revenue and ukraine jumped 25%. five, fiscal earnings were down and sales were down at joy global. metals prices were to blame. did reiterate its revenue outlook for the year. >> number four is the yen. -- siena.d it it has said it is well-positioned for the decisions it has made. >> number three, costco. percent --l three 15%, missing analyst estimates for a third quarter. revenue from ever should fees gained four percent. >> number two at staples. the office supply chain announced plans to close as many as 225 stores in north america and cut costs as much as $500 million by the end of 2014. sales have dropped for a fifth straight quarter. reported just supermarket results that topped estimates. it is said to be considering a bid to buy safeway. as we await the opening bell, i want to bring back joe fits, the ceo of equities that invest in real estate in new york and around the world. we were just reporting on one of the stories in metlife, a a company going into apartment buildings in places like new york city. [opening bell] just another example of companies, you say, that want to buy long assets, right? >> buying quality assets and holding them for the long run. it is not something that is a fashion statement. you are supposed to buy and hold. >> you are doing the same thing. >> very much so. i think there is still value to be had. there are four different residential projects here in manhattan. we are still a believer in the market and the value of buying and holding those things for the long run. >> there is another big trend here in new york. the tech companies that are moving here, they are either -- headquarter inc. in new york or putting a satellite office here. you are seeing a lot of companies saying they will build the next tech campus here. will that raise the rent as well? >> i think the tech wave will dramatically change the landscape in so many ways. when you see a company like $19sapp get sold for billion, every kid with the dollar and the dollar and a dream is tempted to be the next, or hoping to be. one of the things you will see is a big change in the landscape and where is prime real estate and where people want to live, work, and play. >> what will be different? >> the financial district in manhattan. brooklyn is being called the tech triangle. silicon beach, it is being called. spittle field outside of london. i think the tech wave and the tech dollars that are moving toward it will change the landscape in terms of where the particularnd is, in in so many markets around the united states and around the world. >> and you were trying to play in this space as well. how will? we are focused on silicon beach, as i called it. we have purchased a property across the street from the mayor's office to play on that wave of tech businesses that are opening up. it is a phenomenon that is only just starting. wealth that is being obtained by either -- by the megacompanies, the google and facebook in terms of valuation to go out and buy tech is mrs. as well as nick -- to buy tech businesses as well as new venture capital money will provide greater demand in the market. >> when you are reaching out to the like, yous or kind of think it will be around for a long time. whatsapp is a $19 billion valuation, but will that company be around? how long-term are some of the companies echo >> first, -- are some of these companies? >> first, a company like goldman sachs, you are never going wrong with that. you're the gold standard. if tenant like that is a dream for someone like myself. but i think the days of thinking that the bubble happening again are starting to have -- to come to an end. so many around the states and even globally are saying that we badlyrd -- suffered so that we want to allocate assets. the wave now is to reverse cross, regret every property they sold and chase those markets. it is no longer just a risk phenomenon. it is something that is here to stay. risks because it is similar to the restaurant industry or something less risky. i think there will be something else chasing it. there will be companies in san francisco in particular where we have had them over time as our tenants in our building, and yes, we have seen them leave, but what happens is another tenant covenants -- comes in and they pay more rent than the previous tenants because of the increasing propensity of the tenants to want to be in the right location. >> and there is that momentum. what about the retail, though? what about the struggling retailers like sears and jcpenney? will we see a lot of action? you know these guys pretty well. what should be done with these assets? sears, that or might be their most valuable asset, not the merchandise itself, right? >> as i said, four years ago, a lot of those businesses are dinosaurs. unless they make the changes they need to make, they will become forgotten businesses and someone else will come along and eat their lunch. and we see that already. >> that is happening already, right? >> so much so. the place foro be you thought of as the melting pot of creativity, but a place to establish merchants. i think many companies fell asleep at the wheel. come in andpanies are starting to eat our lunch. they are with it, they are specialty, they are fast. >> and turning their inventory over. >> one like that art taking the business -- are taking the business from companies i jcpenney. what do they need to do? get rid of bad locations. by mail.hipping and get with what the customer wants today. >> joe, you are always with it. joe sitt, the ceo of for equities. coming up, investing in merrill -- metal warehouses. ♪ x all day today, bloomberg television is playing back the veil on the secrecy of metal have -- metal warehousing, which is riddled with long lines of customers to get the metal. us. steel joins you have spoken before about the for prices that can be metals. >> the real issue has been with the london metal exchange and its warehouse facilities. all you've got to do is follow the money. where there is opportunity, there is always goldman sachs. metal warehouse can make hundreds of millions of dollars a year. in 2010 as the lines got longer, as the premiums got longer -- got higher, and as traders started to use them for financing, banks ought in. goldman sachs currently owns 17 warehouses run by metro international. it's detroitsed as -- of some of the as410 410 days.ome as long jp morgan bought in 2010. they also use some henry baath warehouses, but they are not accused of any long lines. we also saw some big trading with glenn clore -- glenn core and others. >> aside from making a couple hundred million dollars a year, what is in it for them? >> you could argue that is not a lot of money for the bank. when you talk to it industry insiders, here is what they said. first, banks just took the normal bottlenecks in the commodities market. tight supply and strong demand and banks will profit. is kind of like trading a stock or a bond. it also gave them operational information. they got to see the physical flows of where the metal is going, when, how much of it, and got to trade against that. and third, someone will have that information. the question that many industry insiders have is whether that leaves banks in an unfair position of power. flows, not just see the but are they creating the flows deck are they

detroit. we were in detroit, showing warren buffett down down and all the great things happening in detroit. t to get involved. we talked to the quicken loans people and we said, this sounds great. let's do it. >> to win the $1 billion you have to have every game -- >> 63 games. it's not 9.2 -- that's if you flipped a coin 63 times and had to call it. there is some knowledge bringing it back down into the billions which improves your chances. but we are giving away 21 100,000 awards to the top 20 brackets, period. $2 million and a couple million to the cities of cleveland and detroit for education. >> warren buffett says if somebody wins he'll go to the game and have a check in his pocket to give to them. you're going too, i assume? >> oh, for sure. >> i was looking you up online and you said, 27 things you learned in 27 years. one is appreciate everything. what did you appreciate about lebron james? >> i wish i could talk about that but based on the collective bargaining agreement all the owners signed and based on -- i know david stern is not there but silver is just as tough, i might get f

detroit? >> i think it's a problematic investment at this point in time. let me also clarify that it's not entirely clear that it's state money rather than detroit money. it's coming from detroit development downtown development authority primarily . it's supposedly tax increment financing money. that almost never pays off the way its supposed to pay off. this is more likely a dream of municipal funds rather than on state funds. i do think it's clear there are many elements of this package including the prospective lease agreement that are still unclear. >> there have been many occasion where is spending this money does not help. the research has proven that. but it has also indicated that in some cities like indianapolis it can have a stimulative effect. indianapolis decided it wanted to be the sports mecca of the midwest, and it had an amazing impact on downtown indianapolis. >> yes, i think that the evidence on indianapolis is a little bit more ambiguous than you're suggesting. the places where investment in sport has been a pay off. and the real estate surrounding the stadium. the example of petco park in san diego, the example of atlantaing yards project in brooklyn. as t

detroit's bankruptcy plan would cut the pension plan i by 45% and 10% for police and firefighters. the city's two pension funds are urging federal judges to rush an appeal on the city's bankruptcy eligibility before detroit can get approval for its restructuring plan. the urgency was noted by one of the lawyers in the case, who wrote, the proposed plan would thrust thousands of the more than 20,000 current detroit a state of poverty from which they may never recover. and the decision in detroit could have far-reaching consequences. yes, retirees could be thrust into poverty because of slashes to their benefits, but this could also set a precedent for how cash-strapped cities deal with their pension problems. at the table, lynette khalfani cox, and arun gupta, a contributor at "the guardian," in these times, and the progressive. arun is also the founder of the occupied "wall street journal," and karen friedman, executive vice president and policy director at the pension rights center. thank you all for being here. karen, i am coming to you first. how bad is the problem that states are facing when it comes to pensions. and more importantly, how is it created? >> well, let's just put it this way. right now, there is a campaign of misinformation that's being promoted, often by some ideologues that really want to undercut pension plans in this country, that are anti-union, and will turn the whole co

to places like detroit and say look, i know most of the people didn't vote for republicans but we're the party that is going to detroit. we're going to bring jobs and money back to detroitr really leave it in detroit. we're going to be the party you need to look to if you really want to ressurect detroit from the ashes, when i was there, many people came up and said we haven't seen the president, what ideas does he have for detroit? and they are open to the message. so i think if we do that, particularly for people who live in poor circumstances i think people are going to look to us who have not looked to us before. >> here is the prediction, i think you will get a very warm reception at cpac. >> it is an exciting time. we love to see people cheering for liberty and limited government. >> all right, senator rand paul, thank you for joining us. we have a busy night right here on "hannity." >> republicans know what we stand for and how to get things done for this country and to lead the world again. >> ann coulter was a huge supporter of governor chris christie. she is here to grade the cpac speech by the new jersey governor. so was she impressed? we'll find out tonight.

. >> if you look at detroit. >> detroit, puerto rico, the rising long rates.proving for state and local budgets and those yields are at levels relative to treasuries and on a tax adjusted basis that should mean that sector outperforms -- we think it will outperform the s&p 500 this year. and there are other sectors that investors can look at. emerging markets are priced attractively right now. everybody hates them but the valuations are compelling. there are things to buy out there. >> michael, mark, thank you both for joining us today. >> thank you. >> andrew? >>> coming up, alan greenspan. he'll join us with this jobs friday and his economic wisdom. where are the jobs? we'll go inside an industry where the sky is literally the limit. and the bizarre twist in the story of the so-called face of bitcoin. we have a lot of must-see tv straight ahead on "squawk box" when we return. >>> the associated press talked to nakamoto for hours. >> i have nothing to do with bitcoin, nothing to do with developing. i was just an engineer doing something else. i just believe t

detroit's the city of champions. -- captions by vitac -- www.vitac.com >>> detroit's the city of champions. the whole world knows that detroitity whose products have revolutionized our way of living. and only in michigan will you find the men and women whose talent made us the arsenal of democracy in wartime and the economic pacesetter in peacetime.

saturday the sixers play at home against detroit. detroit not so good this year. they snap the streak there. >> i do not agree with mr. cramer's idea that they're tanking on purpose for draft picks. >> a lot of people saying the guys on the court is not intentionally losing but the organization has put such a bad team on the court. >> i just wish cramer would put some energy into, you know? >> meanwhile, it throwback thursday. carson, you have a mystery guest in the orange room. >> i do. you want to meet him? we have a mystery guest. how are you, mystery guest? thank you so much for being here. don't say too much. this is a big, big deal. we're going to give you clues here in the orange room throughout the morning. first let give you your first clue if you wouldn't mutual fin. >> i've spoken to all of you before. >> is that lindsey buckingham? >> no, it is not lindsey buckingham. keep the hash tags coming. >> no early shots from anybody? >> i think we know so i don't think we should guess. you done know? >> no. >> it a good one. >> coming up, will oscar pistorius

detroit, $2.5 million buys what in detroit? it better be a palace. >> you can have an entire building for $2.5 million in detroit. roit for $2.5 million. a 10-bedroom, 11,000 square foot home facility 1880. -- built in 1880. it is actually right now a bed and breakfast that is going up for sale, but for $2.5 million -- but, again, it's a baseball story near the park where the detroit tigers play, this could be yours for the same amount of money. and get this, the monthly fees about break even with that three-bedroom, two-bath in san francisco. so you can get an entire property here. it's converted. it's got everything that you need. oh, by the way, 16-car garage versus two spots for your car in that san francisco -- stuart: well, detroit, you need a 16-car -- >> i've got to defend detroit, very walkable area. it's very livable. if you wanted to make it an investment property for yourself, stuart, that is an option for you. stuart: that's fascinating. $2.5 million, san francisco versus detroit, you know, what do you get? >> well, it's a socioeconomic story too, of course. we should say right now san francisco is th

detroit owes. business reporter of the detroit free press is joining me. he's been covering all the latest turns with this one. welcome to you. let's look at this twist. the idea that detroite no choice but to sell off parts of the art collection or get sued by creditors. is that a right summery? can you explain that? >> yeah, the detroit institute of arts is very unusual because it's owned by the city of detroit. the city purchased much of the art in the 1920s and 1930s and so those -- that artwork is still an asset of the city today. the question is, will the creditors get their hands on the art and force the city to sell it off? the city wants to do a deal in which the state of michigan, a group of non-profit foundations raise $800 million to reduce potential pension cuts and allow the museum to spin off. that would preserve the museum. a lot of creditors are expected to fight that deal. >> the auction house appraised all of this. a lot of the art is as much as $867 million. that was a small portion of the thousands of works of arts available. any talk, nathan, if they were sold, the art could remain there for public viewing? >> you know, there has been some discussion

and they do play tomorrow now at home against detroit. detroit'sin. but if they lose, they'll hold the streak by themselves. >> you have a theory, some people say they're doing this for a pick, a draft pick. >> i think it's beyond a theory at this point. >> what's the skinny on that? >> so we call it tanking. it means not that the players on the court are throwing the games or trying to lose, but the organization has traded away players and put a team on the court not capable of winning. not necessarily the players are trying to lose, but the organization decided it's in the best interest to put a team out there that can't win so they get a high draft pick come june in the nba draft and start building for the future. this is an epic tank job is what it is. >> an epic tank job. >> one for the ages. let's get a check of the weather with dylan in for al. >> in field hockey in high school, our team didn't win a single game, and we weren't tanking, there was no draft pick, we were just a terrible team. i was captain of that team. i don't know what that

quality agribusiness, to find nutritional stores, to fund all kinds of development i think in detroit the city of detroit which is my hometown, you see particular emphasis their, and then finally, and this is something that is very familiar to the public health community, labeling. how our products labeled? how easy are they to decode? if you're going to make the argument that we're in the business of consumer choice and someone wants to buy a soda and what did like 47,000 ounces of it in one cup, we should at least help them make the decision. so good front of package labeling, things like the healthy heart check, the american heart association's heart check labeling. these kinds of techniques encouraging companies to take them on is part of what iccr and its members do. so i will end with there are huge limitations as investors to engage a company, but what i will say is that if you have a pension plan, if you invest in mutual funds, if you have a bank account in any of those areas you have a second place to let your voice be known. and there are lots and lots of techniques that are available. i encour

. >> if detroit are said no, detroit would be around. >> what about new york, it didn't say no? it's got big contracts, too. >> it said no to a lot of things and now it's saying yes to a lot of bad things. >> i did iify you on that one. >> a lot of cities set big contracts for workers, but i still want to get back to the reason why people are afraid to say no. >> because i am convinced that every person makes a decision to either look good or avoid looking bad. >> right. >> and that's why people reflexively want to say yes because they don't want to look bad, want to look good and dana and i have this conversation every single day. we're asked to do all these things and we don't want to say no and then it comes around and we're exhausted and spread to thin and then we suffer. i set up my own little rule, dana can say it if she wants. i always pretend when someone asks me, i pretend like i want to do it that night, and the answer is no >> you say no to so many charity events usually involving children, hospital events. >> hospice. >> yeah. >> i'm amazed how cold you can be. you j

detroit to me. cheryl: that is my question though. is this as bad as painted out to be? the banks -- adam: it is worse as detroit. >> it noise the at acute level of detroithave the will to do what needs to be done and i can't tell you that. adam: it has roughly 50 billion of worth of debt they could restructure. >> bigger economy. adam: members of the senate in puerto rico saying, time to default. time to restructure and -- >> will the federal government and the fed, another bet here is that it will get bailed out by -- adam: very risky bet. >> yeah. cheryl: going to puerto rico. >> do i get to cover this thing? cheryl: who is going? >> look at it this way from a pure newsstand point. we threw all all the caveats if you get involved in this deal hits next week. morgan stanley is one of the underwriters. barclays is one of the underwriters. you can probably buy it if you're a retail investor. hedge funds are in here because they see trading opportunity. coupon is below 10% which i don't think you can get compensated enough for. do what you want. buyer beware. adam: a bridge in brooklyn. charlie gasparino, thank you very much. >>> going hog-wild, traders a

detroit. >>> and things are looking a little better for detroit tigers' first baseman miguel cabrera. to a record contract zpengs for another 10 years. the team will bay $248 million from 2016 to 2024. he still has two years remaining in his current contract worth $44 million. meaning over the next decade the crown winner will be paid $298 million. >>> when we return, patient safety. life-saving information the next time you're admitted to the hospital. and love the extra savings, 3 days only, during the petsmart fetch 'n save sale! save up to 40% on hundreds of items, life-saving information the next [ female announcer ] we eased your back pain, you turned up the fun. tylenol® provides strong pain relief while being gentle on your stomach. but for everything we do, we know you do so much more. tylenol®. >>> here's a look at today's forecast in some cities around the country. >>> in health news now thousands of americans die every year due to medical mistake. some hospitals are better than others at avoiding errors. jericka duncan looks at a new study separating the good from the bad.

detroit. >>> and things are looking a little better for detroit tigers' first baseman miguel cabrera.o a record-setting contract extension to stay with the team for another ten years. the team will pay $248 million from 2016 to 2024. he still has two years remaining in his current contract worth $44 million. meaning over the next decade the triple crown winner will be paid $298 million. >>> when we return, patient safety. life-saving information the next time you're admitted to the hospital. and love the extra savings, 3 days only, during the petsmart fetch 'n save sale! save up to 40% on hundreds of items, life-saving information the next [ female announcer ] we eased your back pain, you turned up the fun. tylenol® provides strong pain relief while being gentle on your stomach. but for everything we do, we know you do so much more. tylenol®. why indicted state senator leland yee may never again t foot on the senate floor the 2010 pipeline explosion fire killed eight and devasd a san bruno neighborhood... now..p-g-and-e is expecting feds to file criminal charg can't put the phone down

detroit and so in detroit the pensioners are getting a bad deal city services are being privatized in flint city services are being privatized so a real estate that is close to downtown is being given away to developers and been hard but who knows what happens is going to happen in highland park you have a city going bad. under state government rules but no long term plan for recovery in any of these cities let's not even talk about the school districts like the detroitpublic school district that is under an emergency manager and so this emergency management policy is a policy that it's bad for the public it uses public dollars to to enrich corporate coffers by way of privatization that's a that's that's terrible pastor d.l. xander bullock it's always great to have you with us even when the news is bad thanks a lot for sharing sharing with us thank you so much for having us. as the reality of legalized marijuana inches closer and closer every day more and more americans are rethinking our society's attitude toward drugs but not the american society of addiction medicine and the reason white paper that organization argued that we should start expanding drug testing in our schools and in our workplaces as that paper's author put it major need today as the wider and smarter use of the currently available drug testing technologies and practices smarter drug testing means increased use of random testing rather than the more common schedule testing and a m

detroit where you transform what's already there into something more useful-- could you turn scrap metal into a robocop for detroit? >> right. that's been done. >> stephen: okay, yeah. ( laughter ). >> but i do think there's a way in which-- whether i do it or not, that there are people in detroitna, in akron, ohio, who really-- who are already on the ground doing the work. but they may not have the resource that they need. they may not have the strategies that they need to be successful. they may not have access to banks and the philanthropic community. and i think what i could do better is demonstrate this as a model in chicago and in st. louis and in omaha where i work, and then say this model has the capacity to be a greater scale if we would identify people in those neighborhoods around the country, who are already doing the work but they maybe need a little bit more support. >> stephen: can people buy your art? or to 53 your art do i have to have a house large enough to put another house in it? do you sell your art? can i get an original theaster gates, like throw a master bathroom in that? >> yeah, bathroom, living room, kitchen. >> stephen: can i do something in a pale pink? i already have the towels. >> i can do that. >> stephen: theaster, i look forward to it. theaste

detroit struggles with bankruptcy. a man who spent nine years in custody for a crime he didn't commit among those affected. >> it was 2004 when dwayne province of detroit was convicted of killing a neighbour hood drug dealer. the 26-year-old father was sentenced 32 years to life behind bars, but he was innocent. for the first couple of years i was angry. you know. con fused, didn't know what direction to begin. >> province found a way out. with the help of university of michigan's innocence fund are helping. >> all 9.5 years was like a big nightmare, a dream, and i woke up. >> province, who is 40 years old sued detroit. next a settlement panel proposed a $5 million payment. the city had to agree to pay or go to trial, risking exposure of police misconduct and possibly a larger damage award. then detroit filed for bankruptcy, and provinces lawsuit, and hundreds of others were put on hold indefinitely. >> me, personally is like the little man is getting screwed. in the end of the >> province was dealt another blow when detroit manager kevin orreleased a plan to dig the city out of debt. province could receive $0.20 on the dollar. under those terms, a pay out from the ski would not be enough. province believes the city owes him. >> i think that will be a form of apology to me and my family because, you know, when i got out of prison, it wasn't no apology that, "we're sorry for what happened." >> province married the woman he dated when he was arrested. he planned on using the settlement money to put himself and his older children through college. his case is on held, but he is forming ahead with his pl

. >> come to detroit in november, touring through the city. everything that is going on in downtown detroitt of exciting things there. on the way out he did the whole kind of columbo thing. one more thing. he said, i've been thinking about this concept of insuring $1 billion for the tournament. would one of your companies be interested in it? so i thought he was kidding at first. >> it is long odds. if there is a winner. berkshire hathaway will pay up. ensuring it for quicken. the winner can choose to receive $25 million a year for 40 years or a lump sum payment of $500 million. the brackets go up sunday night. entry deadline is thursday. good luck. that's the show for today. i'm becky quick. thank you so much for joining me. next week, hot tips for tax season. each week keep it here. we're "on the money." have a great st. patrick's day, everybody. and we'll see you next you used to sleep like a champ, you lay down, clocked off and next thing you knew, good morning. so what happened? life happened. work. stress. fun. bad habits. kids. kids. kids. now what? not milk. not sheep. not that. let

detroit, why don't they deliver bus tickets the hell out of detroit? >> that's a good point. >> the delivery man, will he soon be obsolete? >> that's sad. >> who will you date? >> if the drone could bring me pizza, i am all for that. otherwise, no, people, we need jobs. we don't knee robots taking our jobs away, but the people will build the robots, joanne. >> not everyone knows how to do that. >> that's the problem! >> i know how to deliver a pizza. i don't know how to turn on a computer. >> plus the robots will be building the robots. >> that is true. it gets to my opinion -- >> do robots like flowers? will they deliver the flowers? >> last question to andy. all of you, shut up. what i see happening is drones are going to be everywhere. what will stop people from abusing them 1234* drones will be targets of bullying and then when they are aware they will exact revenge and attack humans. >> no, man, this is like the 60s. you take the war drones and you give them flowers. everything will be just great. >> that's it? >> i will be the human leader of the drones. >> you will be like grew from "despicable me." >> people in detroity saying, oh, this is what we needed to make living here nice. we will end on that note. >> that was a note we could have ended better on. you know what? it is almost over so i will just keep talk aing and stair at you and you will stair at me and it will be awkward for two more seconds and then it is going to end. what's next? too. good night. >> hello, everyone. i'm andrea tan tarz along with bob beckel, eric bowling, greg gutfeld and dano perino. it's 5:00 in new york city and this is "the five." >>> six days now since flight 370 out of malaysia went missing, and it seems like the only thing we know is there's global confusion over exactly what happened. yesterday satellite images released by china gave hope that there was finally an answer, and then there was a report that the flight may have been in air for four hours longer after it went off the radar, but malaysia said both reports aren't true. >> those reports are inaccurate. when the chinese satellite

detroit. elaine. >> reporter: well, scott, this was the 69th day below freezing here in detroit, this winter. the city has been directly under an arctic airstream make together coldest winter here since 1950 and covering the great lakes with ice. the coast guard's ice-breaking tug is fighting to keep the route between lake huron and lake eerie clear of ice. the ice is winning. >> what was it, negative 8? >> reporter: lieutenant commander molly waters said calls for help from boats surrounded by ice has tripled this winter. >> colder temperatures started forming ice a lot early are than previous years and the ice has had more time to grow thicker so it's been a lot more challenging for the shipping this particular year. >> reporter: driving around the detroit area has been a challenge, too. some roads in redford township have not anyone be clear for weeks. judith williams lives here. >> this is by far the worst winter i ever remember here and the roads are really bad. >> reporter: march will come in like a lion. the snow this weekend will stretch across the 2,000 miles between colorado and maine. >> diehard tigers fan. >> reporter: the only sign of spring in michigan was at comerica park where tigers fans hoped to score opening day tickets. a thaw here is not expected for days. scott, temperatures are not expected to get above freezing until next friday. >> pelley: spring is coming march 20. elaine, thanks very much. today we got a glimpse of the inner workings of the clinton white house when the national archives released 4,000 pages of once-confidential documents. a 1994 memo concerned president clinton's attempt at a health care overhaul. an aide warned speech-writers not to "promise the nation they will get to pick the doctor of his or

detroit... >> chicago... >> nashville... >> los angeles... >> san francisco... >> al jazeera america, take a new look at news. >> finally from us tonight, spring yet a week away, but much of the country still getting the cold shoulder, especially detroit, the city close to breaking a snowfall record, dating back to the 1800's. we thought it was time to check in on a novel program that gives hope and shelter to those out in the cold. from detroit, there's more to it. >> you know how to work it? you know how to do that? ok. all right. >> on a bitterly cold night in detroit, church volunteers are on a mission. the temperature is 12 degrees. the biting wind makes it feel like five below zero. >> thank you, god bless you. >> oh, is it cold! >> the men are driving through detroit looking for those most vulnerable on a brutal winter night, the homeless. filed in their truck are heavy duty coats that double at sleeping bags. these handmaid coats are sewn together just a few miles away, then given to churches and charities to hand out. on a night like this, they can keep someone from freezing to death. rick approaches a man sleeping on the sidewalk. >> i got that sleeping bag thing here. i don't know how to work them? >> why don't you help me. >> it's a fancy one. it's got velcro down the middle. >> these are functional, not fashionable, specifically designed for the dispossessed and destitute. >> it's like someone giving you a big hu

detroit, next. >> finally from u spring starts this week. much of the country is getting cold shoulders, especially detroit. we return there to check in on a story, an effort to give the homeless a warm home on the cold nights. there's more to it. >> the sleeping bag things, do you know how to work it, undo it and all that. >> on a bitterly cold night in detroitrch volunteers are on a mission. the temperatures is 12 degrees. the biting wind makes it feel like 5 below zero. >> thank you, god bless. >> it's cold. the men are driving through detroit looking for the vulnerable on a brutal winter night, the homeless. piled in the back of the truck are heavy-duty coats that double as sleeping bags. they are sown together a few miles away and given to churches and carties to hand out -- charities to hand out. on a night like this they can stop someone freezing to death. rick approaches a man. do you know how to work it. it has a velcro hit. >> the coats are functional. specifically designed for the dispossessed and destitute. >> someone give you a big hug. >> it's hike a big bear on you. >> caro line gunsays such a coat kept her warm when she was homeless and living in a shelter with no heat. i cared for nothing when i had my coat. that is everything to me. i'm not just saying that, it's the honest god's truth. it's a good coat. >> she is one of 15

chicago and detroit saw 6 and 8 inches of snow, respectively. in detroit, the total for the entire winter could top a record set 133 years ago. a thunderous explosion blew apart two apartment buildings in new york today, killing two people and injuring more than 20. more a dozen others were unaccounted for. the fiery blast ripped through an east harlem neighborhood amid reports of a possible gas leak. it touched off a five-alarm fire that more than 250 firefighters battled. meanwhile, crews in san francisco mopped up one of the largest fires there in recent years. it burned through the night at a construction site. >> woodruff: in turkey, riot police battled demonstrators again today after a night of protests triggered by a teen- ager's death. thousands turned out in istanbul and other cities to mourn a 15 year-old-boy who was hit by a tear-gas canister last summer, and never regained consciousness. police fired water cannon and smoke grenades today, while protesters threw stones and molotov cocktails. the israeli parliament has voted to induct ultra-ortho

posting on the detroit free press, and i was banned from the detroit free press for my complaints against gm. so a lot of things have changed. fast forward to 2014, and when you go on the detroitd you look under gm information, all of these different topics are coming up, and the ceo, mary t. barra, the ignition switch, when gm knew. the information is more forthcoming in that sense, but gm still has not reached out to us, and we still have not received a recall for this latest -- a recall notice for this latest recall. >> so what did you think when you heard the news and then saw the article this weekend? >> when i heard the news about the recall, this latest recall? >> yes. >> well, i thought to myself, right from the beginning initially i believed that it was mechanical failure. call it a mother's intuition, call it what you want, but i knew the way that my daughter drove, and i knew the type of, you know, daughter that we have, and then when the second recall came in 2014, i thought to myself, this is just -- this is too much. i mean, the first recall we never got answers on anything that had to do with the power steering, the whole mechanism needed to be replaced. that ha

. >> detroit to half way around the world to hong kong, we found mark in the exact same outfit when wet lefhim in the motor city. >> is that the same blood from detroitever washed it off. >> i stayed in the same wardrobe. >> so why not just shoot the entire movie here? well, let's just say movie making in hong kong poses huge challenges. >> we have hoards of people and phoneses and a lot of paparazzi and stuff like that. in her off time, nicola paints faces and mark's assistant gets an optimus prime makeover while mark and rocsi talk football. >> kind of sort of. >> one thing i haven't done in hong kong since i got here. upon. >> well, you shouldn't play fwoobl in hong kong. >> who cares she can't throw. she'd make a great quarterback. a cute one. >> indeed she does. >> i'll take mark on my team. >> speaking of football, we all know bruno mars became a super bowl superstar with his halftime performance, but do you know not long before that show he suffered a family tragedy that is truly heartbreaking. >> his mother died unexpectedly. brooke anderson sat down with bruno's sisters to find out how the family is coping. ♪ >> how difficult was it when you

. >> welcome to "the ed show" live in detroit lakes, minnesota, in the north country. i'm getting to work in detroitkes. >> nice ride. >> the number two trender. stone cold. >> the wbh gubernatorial forum just wrapped up. >> the governorings by leadership. i hope i've demonstrated that leadership. >> a massachusetts gubernatorial candidate more than passes the test for the nomination. >> i have a little bit of news to break about the debate. steve grossman, the treasurer, is passing a kidney stone. >> that's a horribly unattractive thing to announce to everybody. >> i thought it was especially fiery today. >> is that more information than the viewers need? >> you cannot pass! >> and today's top trender, issa. >> tools in congress are limbed. >> what would you say you do here? >> seeking the truth is the obligation of this committee. >> dems want darrell issa to take his sights off his baseless benghazi investigation. >> the oversight committee has been very busy. >> you have come under fire both in the irs and benghazi for political witch hundreds. >> mr. chairman cannot run the meeting like this. >