and fiat too.on the case as a new scandal kicks into high gear. >>> and if you were going to buy a new car, what would it be next? not a dream car, i didn't want say that. i said a new car. connect with me. let me know. follow me on twitter @lizclaman. i'm very interested to know what the hot cars in your mind are. ♪ ♪ ♪ [ male announcer ] tora bora fallujah argonne khe sanh midway dak to normandy medina ridge the chosin reservoir these are places history will never forget but more important are the faces we will always remember. ♪ liz: breaking news here, the first verdict handed down earlier today in the case against six baltimore police officers charged in the death of freddie gray, and at this hour we have a few scattered protests but no massive violence at the moment. officer edward nero found not guilty on all four charges he faced in the 2015 death of the 25-year-old gray. nero had been charged with second-degree assault, reckless endangerment and two counts of misconduct. >>> let us get to

>> google i would think want to work with bigger automakers than fiat chrysler.ith four million units is drop in the bucket compared to general motors, toyota or ford motor company but it's a step in the right direction. on surface this fiat chrysler getting their products in the hands of google so google can use them testing on open roads. so what is important here is that google gets to expand its fleet. fiat chrysler get as little pr value. the endgame for google is supplying and or building a car. but in interim is supplying the brains of the car that will allow it to move down the road autonomously. a lot of this work can be done. google is by most indicators far out in front of most automakers when it comes to understanding how to get cars to do that. finding more auto-makers not just fiat chrysler. lori: hate to cut you off. hate to speak over you. we're watching a crazy market today. we'll have earnings after the bell. tesla is down over 4%. no there are a lot of cancellations to the mass market car, mass market model. what is it going on here with tesla

why would google pick fiat chrysler, and vice versa? talked to carmakers about doing a deal. they wanted to share the testing data from developing the cars, share intellectual property, and jointly develop the actual brain to make a self driving car work. google wants to keep control of all that. that is what they bring to the party. fiat chrysler isn't developing any of their own self driving technology right now. they had much less leverage when bargaining. they can just go to google to get the technology, and google can keep everything for themselves. fiat chrysler can just a sickly -- just strictly be the manufacturer for them. emily: these automakers have been based in europe for a long time. you don't think of parents with kids as the test case for self driving cars. does this point towards a uber ride sharing model? >> i think that is what most people are expecting. what will happen 15-20 years down the line. i don't necessarily agree with the kid's front. if you have screaming children in the back of the car, you don't want to c

they described fiat's actions as totally incomprehensible. and keep in mind we don't have a word as to why they did cancel the meeting so we don't want to jump to conclusions but investors very nervous. >> i love these little cars. the trend back to small. just the small compact cars. have really made a dom back from a number of years ago where bigger was better, right sh. >> and you can see why too with the urban areas -- >> exactly. >> look at suv saelts they still have doing extremely well. especially given the fuel price at the moment. >> definitely. daimler has lowered its outlook for profits in the trucks division amid weak demand. the german out maker plans to cut jobs in brazil, increasing severance cost by a hundred million euros. >> and unicredit is looking into sale of a stake in one of its businesses in attempt to raise capital. italy's biggest bank is reportedly considering reduction in holdings in turkey and poland. this as the lender faces shareholder concerns about its financial strength. claudia joins us now, great to see you

. >> in england, specifically, they race these little things z that's a fiat. >> fiat 600 against a volkswagen beetle. they pull up. watch what happen when is the little fiat gives it the bean. >> it's like they stuffed as much engine as they could into the back of that thing, so much so the rear bonnet lid couldn't even clothes. i think all that weight hanging out of the back, just more traction than the guy expected. the funniest part of the video is the end where the car is being towed by a quad that looks to be the same size. that's incredible. over to the kind of racing we are used to seeing. this big old blown camaro. >> this car isn't racing against anybody. looks like he has the track to himself. off he goes. that familiar howl sends smoke. the funny part about this video is the guy behind the camera actually missed the crash. he acknowledges that he missed the crash. he said, sorry if the view wasn't good enough but at least some video is better than no video. >> beyond the smoke, that nice red cam mayor rho wound up upside down skating down the track. >> there was like a burst from t

look at fiat chrysler.regulators suspect that the company, fiat, used illegal software to cheat on emissions tests. maybe a bit like volkswagen? the stock is down. then we have this, leonardo dicaprio honored in new york for environmental work. and look at this, he flew from france to new york and back, 8,000 miles round trip on a private jet. now that's, i don't want to be silly and facetious, but that's a carbon footprint and a half and he gets an environmental award. >> there's role models here. remember the paris global warming summit. 50,000 people flying to paris for obama, his trip there, generated more co 2 than driving 72 cars for a year or running 31 u.s. homes for a year. they partied, they had a great time, but instead of having, you know, a go to meeting video cast, they all had to go to paris and party. so what hollywood looks at and the individuals look at it hypocrisy of other people. and we make sacrifices, people watching this program you invest and sacrifice and for these people they don'

matt: very interesting to see fiat and general motors on the same screen.as courting mary barra in hopes they would buy his company. they did not do that and they are still not interested. david westin is in ne detroit talking with mary. still ahead, getting ahead of the barra volatility. such companies are rushing to go public before the outcome of the vote and we are live in amsterdam for more on this listing frenzy. ♪ matt: the threat of brexit is putting ipos on hold in london, amsterdam is gearing up for a listing frenzy. a slew of initial public offerings this month after a sluggish start to the year area for more we bring in celeste perri. great to talk to you on this. why are so many dutch companies going public right now? celeste: pent-up demand. at the beginning of the year there was volatility in the markets that held a few of the ipos back. now there are a bunch that had been waiting for the past six try to get out before the summer. believe it has been pressed into the markets so there is a vote for the u.k. to leave that will send shocks throu

i think fiat is around that. john: thank you.o 26 minutes into the session. we had a big bond market rally. an important interview with jon runyan's in san francisco, coming up on bloomberg tv bloomberg radio. if this is a bloomberg markets on bloomberg television. we are going to take you from los angeles to london to the new york stock exchange. betty liu is waiting. this is what we are watching this hour. aig reported a third straight loss. peter hancocko live in just a few minutes. from the milken institute conference in los angeles, an interview with former nba commissioner david stern. that's got over to the markets desk. julie hyman has the latest. how's it looking?

why would google pick fiat chrysler and vice versa?le has talked to other carmakers, specifically about general motors. they wanted to share the testing data the given developing cars, share intellectual property, and develop the actual brains that make a self driving car work. google really was to keep -- really wants to keep control of all that because that is what they bring to the party here. fiat chrysler is not developing their own self driving technology or software right now. they had much less leverage when bargaining. they can basically just go to google to get the technology and google can keep everything for themselves and have fiat chrysler just make the minivans and basically be the manufacturer. emily: it seems like other european carmakers are not open to this idea of working with google? >> google was not interested in building a vehicle. they want to shove their sensors onto a vehicle. know where people are going, be able to push themselves. and the carmakers in europe, the high end carmakers know that's for the incre

vehicles in germany which is fiat second market.his is a bit of european state's right battle, though, because italian regulators, say, we tested the fiat vehicles, they're find, go mind your own business, germany. under the way the european union works, the country in which the vehicles are made get to test them and apparently is good for the rest of the 28 countries of the european union. that is why ubs has put out a piece of analysis on this which says, and i quote them, whatever ultimate outcome of the findings, we doubt fca will be totally prohibited from selling cars in germany, maybe the tanking on the stock is not as big as it should be. neil: german company that's been scrutinized over this. now if you can throw another one under the bus, i mean, i don't know, it just seems odd. jeff: not so much today. neil: it was just bayer, i remember very well. thank you very much, my friend. on this bayer thing, our own charlie, he's like a know-it-all genius. anyway, get a load to charlie is saying, bayer agriculture products, has b

for testing fiat.anking in india will expand the consumer business. the british bank will shutter half of its branches in india while they are targeting affluent indians who have devices for electronic banking. bidjor blow and its hostile to gain lofty maker of amber capital after raising itself by 11%. some analysts believe a counter offer is unlikely. that is the latest bloomberg business flash. fliesngry birds movie" into the u.s. and chinese theaters today. the film is based on the smartphone game from finland's rodeo and has already grossed $43 million since its debut last week in europe, russia, and south america. big ineo, this is boosting the franchise that is down in merchandise and sales. joining us now is a man who has told me he has played over 100 hours of angry birds, correct? >> realistically, it's probably more than that, but it's a lot. mark: more than i have. some would say that this is a massive gamble for the finnish company. >> absolutely. this is a company that has been around for

it is a boost to fiat chrysler itself, which had been struggling. our correspondent reports. >> self-driving cars. innovation that is round the corner and even further speeding along. google's parent company, alphabet, and announced tuesday they are joining forces with fiat chrysler. already google has tested 70 automated cars on over 1.5 million miles. , thisg up their efforts doubles google's fleet by adding 100 chrysler minivans. they are testing out the technology on vehicles that carry more people. further opening the door for those who do not want to or cannot drive, to one day safely get behind the wheel. in a statement, google said collaborations like these are an important part of realizing the potential of self driving technology. to improve road safety and make transportation more accessible for millions of people. this is the first time the tech giant has joined forces with a major automaker. the california-based company says they have no interest in building cars on their own. the automated pacificas will not be for sale. aogle is still

. >>> fiat chrysler is recalling more than a half million jeep wrangerring because of a safety issue. it includes wrangler models from 2007 to 2010. fiat is not aware of injuries due to the issue. >>> a data breach for linked in could be larger than previously thought. an estimated 317 million user names and passwords are being traded by hacker. the price tag is $122 in bit coin, linked in is looking to unvalidate the passwords affected . >>> many older adults are pressured into trying to look younger. looking good can also make them feel good. >> carol owns a fresh produce company in south jersey and seeing looking good as an important part of his job. >> you can't do much with the aging process. but you don't want to look batters or beat up and want vibance. >> he goes to the gym to stay in shape and to the salon in mar ton to stay on trend. >> he has meeting and is traveling and it's important to look grooms and professional. >> i used to have it straight back and now a george clooney look. people that haven't seen me say i look much younger. >> and carroll is retired and says main

the new generation is on its way, and fiat and chrysler are working together.illikening up, the richardce, interviewing byrne, coming up next. ♪ alix: "what'd you miss?" treasury secretary jack lew was work fore a deal will puerto rico, with no spillover to the commonwealth. institute, we asked the secretary how the island would restructure its debt, given recent legislative efforts in the house. >> we have been working on a bipartisan basis, between the treasury department and members of congress, trying to come up with technical approaches that work. our standard is simple, it has to work. the restructuring have to be evil to take effect. there can be the ability for holdouts. that means there has to be a process, where we put in an , and a voluntary restructuring does not work, -- >> the devil is in the details, what plan works for you? we have been clear, there could be a voluntary agreement, but the reason we have bankruptcy rules in general, it is really hard to have all parties agree. we have seen what happens when there is not that kind of requirement.

a magnitude 6.7 earthquake striking western akwbou ecuador. >>> shares in fiat are driving higher, inact, at the top of the stoxx 600 at the early trade. and it's climbing back to the losses we saw from yesterday's session. but today, investors focusing on news of the potential tieup with g.a.s. reports that g.a.s. could be looking at an interest in stoxx. so investors digesting this report from the italian newspaper. again, we'll be watching developments on that throughout the morning. >>> meanwhile taking a look at mitsubishi, the president needs to step down amidst the fuel scandal. that's according to the nikkei that says he's taking responsibility for the exaggerated data. the scandal has wiped $3 billion dollars off mitsubishi's cap already. >>> and suzuki and sri jegarajah is in singapore. he's been watching the press conference we had just a few minutes ago. sri, bring us up to speed here. >> i think julia is still out on whether these is egregious or not, nancy. i think you hit the nail on the head. suzuki saying they used an improper testing method. what this means used emis

. >>> shares of fiat decelerate after the automaker is being investigated for using illegal software. but the company said it is compliant we missions regulations. >>> headwinds on the horizon? ryanair warning that the egyptair could hurt bookings. >>> and japan's governor tells cnbc he has more monetary fire power as the u.s. warns japan there's no reason to intervene in the yen. >> i would say if necessary we can further the ease conditions in three dimensions. >> good morning, everybody, if welcome to "street signs." we just got data at the top of the hour that is weaker than expected. the may eurozone unexpectedly slowing to a 16-year low. you're looking at the reuters poll looking at 1.19. just glancing through these at the pmi, weaker than expected 53.3. in april we saw 53.1. just to underline, we are looking at business growth unexpectedly slowing to a 16-month low. the euro dollar on screen right now dropping a bit on the back of the data, 1.12 and a bit is where we sit. we have a fantastic guest joining us here imminently. i think he's in the green room, so we'll get into a l

you really have to add some great technology to fiat chrysler's cars to get there. stuff at the lowest in the market. they are a pure mass-market car company. they sell to rental fleets, more than most competitors. everyone else is developing south -- self driving cars as well. david: talk about the other majors. ford and gm. could they do a similar deal with google or are there other companies? already: general motors bought a company called cruise automation. ford has been testing its own cars for self driving capability. so has gm. could they do a deal with google to provide cars? sure. google needs cars, because they do not have factories. they are a software writer. they are developing the capabilities and will put this in the dashboard and brains of the car, but they need someone to make it. whether or not the deal is exclusive will be interesting, because maybe they just want a minivan out of chrysler and would want a catalog rum general motors and a pickup rom -- maybe they want a cadillac from general motors and a pickup from ford. up, how acoming weaker do

connell: we have news, melissa, on company fiat chrysler.he price took a hit where regulators are suspecting they used illegal software to cheat on a emissions test. this new report out in german newspaper. fiat chrysler could be banned from selling cars in germany if it is found to blatantly disregarded emission rules. melissa: sanders is not quitting without a fight but could the fight make the divide in the democratic party even worse. connell: fitbit under fire. fitbit is under fire!? new study may prove that the heart rate tracker may not be that accurate. melissa: oh, no! connell: whoops. ♪ i have asthma... ...one of many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens

alphabet and fiat chris letter will make 100 self-driving pacifica hybrids.they will be prototype minivans for google to use as test vehicles. that deal allows fiat chrysler to jump start its understanding of the technology that goes into self-driving vehicles and allows google to double its testing fleet. there are no plans to sell those self-driving vehicles to the public. rats on that one. >> back here at home -- >> back here at home a fremont company which admitted to underpaying foreign workers will be paying out a six-figure settlement. the company is called bit micro networks, the department of labor accused it of bringing software engineers to the u.s. from the philippines and underpaying them by providing wages in philippine currency. bit micro has agreed to pay out $170,000 including $80,000 in unpaid wages and overtime for 18 workers. >>> the city of santa clara might be the 49ers newest opponent. the team announced it is taking legal action. the 9ers want the city to slash their rent at levi stadium. the 49ers have been paying the city of santa cl

fiat came in slightly above estimates that were out there from a number of firms.ing a look at what was driving sales last month, again, strong pickup sales. we receive that month after month. suvs also very strong. average incentive, $3,021 according to true car. that's an increase of 13% to april of a year ago, but keep in mind the transaction price is also higher. as a percentage of that transaction price, we're still around that 10.5%, 11% range, which is not anywhere close to what it was back in the heyday where you saw huge incentives really diluting the profitability of the sales of vehicles. here we are. roughly in that 17.2%, 17.3%, 17.4% range, guys. this is where we could actually see salings ramp up dramatically. keep in mind the biggest determining factor if you want to look at how strong auto sales are, look at consumer confidence. as it goes, so goes auto sales. guys, back to you. >> all right. phil, for now, thank you so much. we'll see you. our own phil lebeau. and our david faber has been out at the milken conference. >> david joins us for a cnbc

fiat shares are falling in italy.hority has found that fiat chrysler used illegal software to manipulate emissions of its vehicles. that is according to a newspaper here in germany. shares in fiat chrysler getting crushed. they are down on your screen 4.7%. we're going to talk about whether or not this company can come back from this, even though it is only alleged. next, merkel on a mission. the german chancellor makes another trip to turkey as she strives to rescue the fragile refugee deal. ♪ guy: let's get your bloomberg business flash. here is haslinda amin. haslinda: ryanair has forecast earnings growth will slow this year is in as profit jumped. the discount carrier expects earnings to rise this year after a 43% surge in the 12 months through march. airlines cut ticket prices to entice customers wary of flying after recent terror attacks. ceo michael o'leary told bloomberg that egyptair crash will put further pressure on airlines. said it will stop investing in tobacco and will divest. france's largest insurer w

it's make or break time for fiat chrysler.nd, about to go head-to-head with bmws three series. the luxury sedan junior is on sale in europe. the critical launch the u.s. is set for the third quarter. latest business flash. now, let's talk apple. billion move to china, as the iphone maker faces pressure. here with all the details as bloomberg's alex webb. joining us from san francisco, know it's early, but really, why china? dd atllion people using the moment? alex: china is the place where apple has endured a certain amount of pain, the iphone sales of slowed. it is potentially the biggest market in the biggest population in the world. getting access into another part of that economy is a huge thing for them. are they caroline: going into the ridesharing company because they want to get into people's phones and cause more use of apple play? or is this like google and a moonshot? maybe they are even getting more. alex: we do not know the exact nature of what will or won't be shared between the two companies. this is the first o

nejra: shares in fiat have fallen in the lawn today after a germany's federal motor transport authorityound they allegedly used illegal stop or to manipulate admissions. reiterated that they comply with emissions rules. ryanair will slow this year. europe's largest discount airliner expects earnings to rise about 13% this year after a 43% surge in the 12 months through march, that is as airlines cut ticket prices to entice customers wary of flying after recent attacks. the ceo told bloomberg that the egyptair crash will put further pressure on your lines. >> the fact that we have had the bomb attacks in paris, now the egyptair flight, it isn't good. great thing about terrorism is it is always doomed to fail, but they change the way people behave. it's going to put downward pressure on airline pricing. will stop has said it investing in tobacco and will divest $1.8 billion into the industry. eurosl sell 200 billion worth of stock in tobacco company, and will run off its tobacco industry bond holding, valued at 1.6 billion euros. in a statement on the decision, "smoking poses the biggest

fiat chrysler isn't aware of any injuries or crashes because of this. the company will contact you if you're an owner. >>> one pitch at a time. it's a mantra that allowed the sherwood high school softball team to achieve an unthinkable milestone in montgomery county. >> the girls just won their 100th consecutive game. as shomari stone found out, they say they are just getting started. [ cheering ] >> reporter: they earned it. >> this is like another state champion to me. >> reporter: the sherwood high school girls softball team made history. 100 wins in a row. >> triple digits. so exciting. not many people have done this and we did it. it just feels so good. >> reporter: the warriors dominated, beating howard high school 6-0 in seven innings. >> all these different emotions. i'm really excited. >> reporter: head coach. >> a lot of the alumni came to see it. >> reporter: the assistant coach says we can all learn from this team. >> there's no limits to what you can succeed if you put your mind to it. >> reporter: what's a sweet victory without cake? after

. >>> and life in the fast lane, google and fiat chrysler teaming up on self-driving minivans. it's wednesday, may the 4th, 2016. and "worldwide exchange" begins right now. ♪ my house we control now >>> good morning, welcome to "worldwide exchange." on cnbc. i'm sara eisen. >> and i'm wilfred frost. good morning from me as well. first, today's political story, ted cruz dropping out of the race after losing yesterday's indiana primary. >> with a heavy heart, but with boundless optimism for the long-term future of our nation, we are suspending our campaign. but hear me now, i am not suspending our fight for liberty. >> the move effectively makes donald trump the gop's candidate for president. in a tweet rnc chairman reince priebus calls trump the presumptive republican nominee and calls on the party to unite and focus on defeating hillary clinton. as for the democrats, bernie sanders got a surprise victory in indiana. much more on the political story. >>> the wall street set up after an ugly day, another selloff on wall street yesterday. at this hour, early futures indicating a l

. >>> google and fiat chrysler joining forces.leet of minivans, engineers at both will work together in a facility in southeast michigan. google says it's the first time they've worked together including the consensus and software. they will not share proprietary self-driving software. and it would not be offered to the public but somewhat off. but exciting developments on that. adp payrolls and in june, in terms of earnings reports, time warner, 21st century fox, tesla and kraft heinz reporting after the bell. those are the ones to watch. at the moment, falling about a percent of a decline yesterday as oil prices slid in the dollar rally. we're looking at 0.2% for declines in each of the three main indices. 36 points as you can see for the dow jones. guys, back to you. >> wilfred, good to see you. have a good wednesday. >>> dennis lockhart said britain's referendum whether or not to, quote, leave the eu, looms large. brexit could be a source of heightened uncertainty. he added that he's worried that disappointing first quarter gd

. >>> and google, fiat and teaming up to double the size of the google leaked, and the chrysler engineershelp google install the sensors and software in the vehicles, and google says they need more cars as they expand the real world testing. the new vehicles will include gas electric hybrids owned by google, and the new technology will not be licensed to the fiat chrysler or anyone else. both companies have agreed that they are still free to work with other companies as well. >>> the time is 5:26 am. >>> you may notice changes as you arrive at the muni, but will happen with the trains at the downtown station following the glitch last year. >>> a kickoff to legalize marijuana in california is happening in the bay area today, and we will tell you how much support it is getting. >>> looking at a commute that is still doing very well out there. as a matter-of-fact highway 24 does not look bad, and also the drive toward the tunnel. >>> cloud cover and light rain, more than likely starting tomorrow and into saturday. (group chatter) dude, dude, dude. this is bad. i think we're stuck. we're goin

google can test its technology on cars and fiat chrysler can prepare for the industry to change. >>>eather lab is not self- driving. >> we need our fine photographers in the front seat. weather hasn't been rough recently. we have some rainfall. severe weather has been staying away. it's been in texas and colorado. jet been in the northwest. for -- it's been in the northwest. for us it's been calm. 56 in san francisco, 76 in concord. santa rosa 69. already the atmosphere is becoming more unstable. we are seeing that in the highest elevation locations. the far northern california mountains toward the siskiyous in southern oregon and far northern california. already some thunderstorms just to the west of redding and one lightning strike about three hours ago to the north and west of lake tahoe. that unstable air is going to hang out with us for a couple of hours. walk and "bike to school" day tomorrow. a little cloudy and cool. temperatures in the 50s. thousands of folks throughout the bay area walking or riding their bikes to school. and they will be doing that with rain-free condition

we can talk barack obama has ruling by fiat. but this is a rule that was rolled back by president bush so he's just rolling it forward. i can see how yes some businesses are going to have to pay their workers more. some businesses are going to say oh we're just take our -- >> you don't even need to put on your glasses to see the problems with this. >> exactly. i don't know had the right word, naive. i sometimes think there is no one in government, especially in this administration that has ever actually had a job outside of politics. or outside of administration. they have never had a payroll. they have no concept how business works. for all i know they never even worked in mcdonald's. because here is what happened when you have your own business. say you are a franchise owner. own maybe one mcdonald's. making a hundred,0 thousand a year. now you have these board of workers and you start moving people around to save your own salary, save your profits. that is what they are going to do. i don't know if that is right or wrong but

fiat chrysler benefited from jeep and its dodge ram pickup. and ford from its f-series pickups also seems seeing heavy and in. stock market is doing a u-turn after solid gains yesterday. numbers going down. google's hometown may be onf the next cities to get the company's high- speed tic internet servi of. >> back to you. >> thank you. >>> google's hometown may be one of the next cities to get the company's high speed fiberoptic internet service. today the tech giant will present its plans to the mountain view city council. currently the service is only available in six cities, none in california. >>> racist texts and officer shootings have some people questioning san francisco's police department. today its loudest critics hunger strikers are pushing for mayor ed lee's perspective. kpix 5's jackie ward reports from the mission police station where protestors have been speaking their minds for two weeks. >> reporter: they going to march to city hall. they said it will happen around 12:30 this afternoon. the goal is to meet with mayor ed lee. m

fiat chrysler down by two percentage points, because analysts are wary. be the concern of the mp. they are saying it is exposed to the u.s. auto leasing bubble, that is coming to an end. they say the company hasn't done enough to protect itself from a downturn. the price target goes lower, to 5.4 euros. fiat chrysler falls. guy: thank you very much. has a $250 million that -- inic gold barrett's gold. gold futures have climbed 21% this year, including a 17% surge in the first three months, the best quarter in three decades. what's going on? plenty of people are long or very short on this right now. let's talk about the metals. joining us now, sanford bernstein analyst. also here, a metals and mining analyst from bloomberg. ken, everybody is divided on this one. some people are long. they think they desperately need to buy more gold. others -- >> like, digs that -- look, exactly. you take gold as a currency that doesn't have a central bank, and when you lose faith in other central banks and what they may a currency that doesn't have a central bank to screw

>>pam moore: the while fiat has ravaged parts of all brought to canada since last week is still out of it appears to be on the horizon finally the weather is starting to cooperate. >>gary: steph curry did not start the game rather he was peddling an exercise bike to put him in mid way for a squad room after the war is have fallen way behind in portland as always to go over to grant. >>grant lodes: the war is down for three minutes to go in the first half >>gary: the have and we thought how many votes came man is never been a unanimous mvp the best match of all time there recall steph curry joins will try room. >>grant lodes: they're still down four with three minutes to go and i was already starting line go sharks tweet. >>gary: the one guy who configure the beans to hold on to your 14 to seven a's have lost seven of the last eight games. >>pam moore: how lapd help make a special mother's day delivering. >>pam moore: the college student and the rest of the running around with no hands-on and attacking someone they sale on saturday the seven uc santa barbara student to bang on the door

although, carmakers fiat and others all closed down.he strikes continue here in france but a bit of optimism from the french government that says fuel supplies are slightly better at gas stations. french aviation authorities are less optimistic. air france said it was told to fuel up abroad over the strikes. all this over protests against the socialist government over reforms forced into law. borne out of frustration has been innovation. drivers have turned to smart phone apps and other inventive ways to get their fill. we have a report. >> due to ongoing strikes at the labor reforms, business near the french border has been picking up. mainlyly made up of french fuel tourists. >> naturally there are shortages . it makes for good business sense. so here we are. >> national strikes kicked off down union in week shut six of france's oil refineries, leading to major shortages. many people here in paris a on their mobile phones, not textsing or expressing their despair on social media but searching for the best place to find fuel on mobile

and fiat chrysler is recalling 2007 to oh 2010, you because the driver's side air bag may not deploy.re of any injuries or crashes related to the issue. >>> let's go to sports. the golden state warriors looking to avenge their game one loss to the thunder here. the amazing lay-up, and the foul. that was part of an 8-0 run for the warriors to end the half. steph curry had a monster first quarter, he scored 15 points, wow. golden state takes game two. >>> remember tiger's manager, epic meltdown earlier this week, which included draping his sweatshirt over home plate. you can own a part of it. they're up for auction on mlb.com and the bidding is at $1,380. jump right in there. >>>. >> just ahead, stephen colbert gets a kid's take on the white house. plus, who are you going to call? we have al roker's ghost bust ter's. ter's. ♪ it's time to get seriously silly, people. ♪ join red nose day to do some serious good to help fight kids' poverty. ♪ it's simple: just get your red nose, only at walgreens, and get your silly on, seriously. time is running out. get your red nose today at walgreens.

[applause] gina mccarthy: and he rides around in this little fiat, or focus, depending on what country he is driving around in, i think. but we also have incredible solutions today. it is a very interesting point in time for you to be graduating. not only have we managed to figure out how to double a gallon of gasoline, how far can go, we are producing a lot of vehicles that don't need it. i had the opportunity to be at the tesla manufacturing facility. i met with elon musk. i did not understand a word he said. so i just want you to to know that. he actually did not understand a word i said, either. [laughter] gina mccarthy: these things take time to build relationships. we will get along, as someone likes to say. tesla has already received 700,000 orders for their new $35,000 vehicle that is coming out next year. that will nearly triple the amount of electric vehicles on the road in the united states. those are not just order forms. they come with a $1000 check. orders they are either , really stupid or really committed, or they should be committed, i don't know. they are competitive

>> reporter: that's right, german officials say fiat chrysler, the italian-american auto maker, has usedtware to cheat on bruce test cents. germany's been launching massive investigations into emission test he is after volkswagon admitted it rigged software. so we'll see how this one plays out, brooke, jim? >> thanks, jill. we'll check in with a little later. another check on weather and traffic. >> some areas could see pop up shower today. katie's forecast when we come >> happy monday, looking ahead to overall pretty decent day. there is an area of low pressure that's nearby, actually, down over the over the mid-atlantic, more of a virginia problem than anything right now, see some of the moisture still rotating through the area as a result of. that will i don't want you to get too bent out of shape over this really talking a hit or miss variety after shower, maybe rumble every thunder, not a huge deal, but we do have little moisture rich atmosphere. there are some areas of fog out there because of this, as well. so today, you know, you have about a 50-50 shot to see something roll thro

fiat-chrysler and google teaming up to double the number of google's self driving vehicle fleet.says it needs to test the tech in more vehicles and try more real world scenarios. wonder how long before we see a lot of those on the road. >>> its major stock indices down yesterday. the dow fell 140 points and this morning futures are also pointing to a lower open. >>> if you win powerball you won't have to worry about all these ups and downs in the stock market at least not as much. tonight's jackpot $348 million and they are expecting that the prize could increase depending on ticket sales. >> normally does when it gets real high. 4:53. we're following breaking news. detectives are investigating two police involved shootings in the city overnight. one of them was deadly. we will have live team coverage at 5:00 a.m. >> but next up a south jersey family makes a desperate plea to the people caught on surveillance video walk away with their family dog. >> ♪ >> a gloucester county woman is appealing to the public to help find her stolen dog. a man in a hoodie carrying the missing yorki

. >> google is teaming up with fiat chrysler to put the self driving technology in the cars.hnology in 200 vans. the deal marks the first time thattingly will share its secret self driving tech with a major automaker. the vans for through rigorous testing. they have so far logged 1.5 million miles with only one accident. >> the 49ers and the city of santa clara, next at 5:00 a.m., the rent despite that has the tomb taking legal action. >> and now, we know ted cruz is out of the race what does it mean for the g.o.p. presidential mean for the g.o.p. presidential race in california? wow. college already. ( chuckles ) yeah. - ( engine starts ) - we gotta go. ♪ for all the truth that you made me see... ♪ i love you. ♪ for all the joy you brought to my life... ♪ i love you too, daddy. ♪ you're the one who saw me through... ♪ and thanks - for everything. - ♪ through it all... - ♪ you were my strength when i was weak... ♪ - ( woman speaks ) a message from the foundation for a better life. >>> live from the kgo-tv broadcast center this is abc7 news. >> it is 5:00 am. i am reggie aqui.

drivingand fiat and self- mini advance.ars will i push a phone and feel comfortable with that? >> i don't know how you will be comfortable. we are looking at -- i think it's still a few years out. the technology is close to ready. general motors has a supercruise. you can cruise on the highway. you can cruise on the highway but doesn't recognize stop signs and that thing. while it is being tested is not quite there for the roads and the government hasn't figured out how to regulate it and what the testing requirements are. you will see some test pilots like this one like general to do. - motors hoped detroit.vid welch in thanks for joining us. find out who is having the best day ever or the worst. it coin craig wright is back tracking on his statement, he oes not have the courage to vr additional proof showing he is the creator of the company. we'll bring you the best including my conversation with the founding of the game bloomberg he best of west this weekend. ♪ . . . . . ♪ announcer: from our studios in new york city, th

fiat chrysler and google are teaming up to produce 100 self- driving cars. the chrysler pacifica minivans will be outfitted with google sensors and software so the vans can drive themselves. the vehicles will be used to expand real world testing. >>> a double dose of bad news for palo alto-based tesla motors. two manufacturing executives are leaving and the electric car company lost $282 million in the 1st quarter. the company's stock also fell more than 4% yesterday. and it has been on a downward slope in the past few weeks. >>> well, tesla's not the only company dealing with losses. as betty yu reports, sales of ping pong tables can reflect the local economy. >> reporter: it's a must have amenity at any sillicon valley startup or big name tech company. the ping pong table. a symbol of the millennial workplace. many of the big companies buy them at billiard wholesale in san jose. >> cisco and google and twitter buying a lot. they are regular customers. they always buy it when they either expanding or just replacing the old tables. >> reporter: but the owner

fiat chrysler recalling about 500,000 jeep wrangler suvs worldwide.he recall covers wranglers from the 2007-2010 model years. they are not aware of any injuries blamed on the problem. its car sharing service to boston, chicago and washington. chargeser to zip car eight dollars an hour. that is your bloomberg business flash for this hour. mark: deutsche bank holding its investor meeting in frankfurt today. said he is committed to the securities trading business. investor sentiment was rather mixed. >> if you make a record loss, positive --tart off at the same time, coming back to shareholders saying we have a new system and we want you to approve it. there was not enough concentration to shareholders. >> we want some answers on our corrections where deutsche bank is spending in five years. deutsche bank seems to be a large restructuring unit. where does the banking business that's where is the banking business of the future for this company? calm compared to last year. , james had a speech and overall, the was a crisis mood in the auditorium. cryan's n