dan ackerson retiring in january.ned it was inevitable that at some point a woman would take over a carmaker. big dealis not just a for her and a big deal for gm, the largest company ever run by a woman. $5 million in revenue. compare that to +++ startup company. this is my understanding, that this really attracted the attention of dan ackerson and his support over the past year or so. lets my sources on the board say when they were thinking about the next ceo, the issue is about continuing the work they are doing. there is a lot of work ahead, effort to continue the transformation coming out of bankruptcy. they do not feel they have reached the point where they can take a deep breath and declare victory yet. dan ackerson as ceo likes to often say 40 day bankruptcy was a curse and a blessing. a blessing they got out and saved the brands. was they were not able to do the systemic changes they were not able to do -- that would normally occur in a bankruptcy. he has spent the past few years doing renovation. mary will ha

they will make a great team, tyler, very enthusiasmed and give dan ackerson and the board credit for bidding the team. dan came in and turned the company around, but now you have the inside team coming in like sam and jenny did in following lu gersner. i think you'll see great cars coming out of gm. mary is an engineer and she's looking for a world car to cover china and the u.s. >> okay. >> i think you'll see that share growing in the years to come. >> as dan ackerson said, he said she was picked for talent, not her gender, but she's going to be watched very carefully because she is a woman at an auto company. as a leadership expert, what advice can you give her, dos and don'ts. >> make sure you have the right people on the bus. i was glad to see mark royce, a gm vet, stepping into her old job. if you don't have the products, you are not going to be successful. so get the right team around you, diverse team, which they are already doing and i'm very pleased, then keep the vision very clear ahead we have to have the best cars in the world. we want to have cars that are good at the lo

person is jet -- ackerson is retiring january 15 and changes at the top of lulu lemon.wilson is stepping down as chairman. the president of toms shoes will be the new ceo. we turn to private equity and venture cap. raised $2 billion across seven funds, focusing primarily on software, and tonight and business services. with me now is a managing director. tank you for joining us. -- thank you for joining us. i know your firm, trident, is focused on security. year?do you see the new where do you make investments? trident focuses on general technology. we are experts in four areas. applications and cloud- based applications. andtization of the internet solutions for the health care industry. been focusing in these areas for 10 years. >> what is changing the most? really shifting right now and those businesses that are going to make you money? >> we are seeing the enterprise very aggressively. and cost controls in the health care industry is also driving solutions. security remains a top issue of mine, particularly as we move to mobility. finally, as the world is moving to d

she'll replace daniel ackerson next month. i'm tony harris in new york city, "inside story" is next on al jazeera america. >> amiddlesbrough thamidst the a tribute, the story of apartheid on "inside story." >> hello, i'm ray suarez. the world said goodbye and thank you to nelson mandela in an emotional memorial service in a stadium in johannesburg. southern africa, home to some of the most important mineral deposits were racked by civil war pitting sides against each other. murdering political opponents at home and in exile. what south africa follow angola and mozambique in civil war with its large population and decades of bitterness, it created the potential of being the most dangerous of all. on this edition of "inside story" we'll be discussing nelson mandela and the process of negotiation that kept south africa from tearing each other apart. dignitaries, family, friends, and south africans of all color, thousands of mourner poured into the soccer stadium to celebrate the life of nelson mandela. >> to the people of south a

mary burroughs is succeeding dan ackerson. she started as a plant engineer on the factory floor when she was just 18, and the rest of her resume stands on its own. she was head of manufacturing, but religious given the second half, head of product of element in 2011. her real calling card is cutting management layers, cutting red tape costs, and trying to taper what gm does while still building cool cars to make money. >> barra's appointment would make her the first female ceo for an auto company on the entire planet. she was asked what it was like to be a woman in a traditionally male-dominated business. >> i worked at general motors for 33 years with wonderful people. i always have been evaluated on what i contributed and what results i was able to obtain into your organization, but we come together as a team. putting a car or truck on the road is a team sport. i just view myself as part of a team. if by being a woman i can encourage young women who like math and science to not shy away from it and to pursue technical career

. >> next, the general motors chairman and ceo daniel ackerson speaking at the national press club in washington, d.c., where he talked about the stay of the u.s. auto industry as well as projects and investments. he also talked about the company's first female ceo. this is one hour. today rocked the world last week when he announced he would step down as chairman and ceo of general motors, the world's second- largest automaker. he racked up tributes when he announced his plan to retire next month to care for his wife of more than 40 years. in two thousand 10 as the ceo to turn around the biggest of the big three from bankruptcy and the bailout by u.s. taxpayers. that work ended last week when the u.s. treasury sold the last of its shares. one can imagine the champagne corks popping at the renaissance center when that news was announced. general motors led global sales for 77 consecutive years through 2007, longer than any other automaker, the global financial downturn that began in 2008 also turned into a crisis or the u.s. automotive industry, including gm. the industry was further

she'll replace daniel ackerson, and her career at g.m. began as as student intern at age 18. she's widely credited for the successful roll out of two new pickup truck and changes to cars including the corvette and chevrolet impala which earned a top rating from consumer reports. this announcement from g.m. came one day after the u.s. treasury closed the book on the bail out, and both of these moves could fuel g.'s success moving forward. lauren the founder of automotive aspects and has studied the auto industry as a reporter and a road racer, your reaction to this news. >> the whole auto industry is excited to have the first female in charge of the a global auto manufacturer. she has literally broken the glass ceiling. surprisingly this has not happened in the past. we're excited to see what she can do with the corvette, impala and other products she has been involved in. i think g.m. will have great products coming down the road. >> lauren, what has been the success to g.m. in the last years? >> i think think the products. after they take the bailout a lot of people got disc

ackerson of insiders as ceo.art of the old boy network, part of the culture that got that company in trouble. is it wise to go with a 33-year veteran of the company when someone like mr. ackerson who came in the outside and did what is universally i think regarded as a wonderful job, would it be wiser to have looked outside. >> one of the current board members warned me if that's the right word when we were thinking about management back in 2009 against picking an insider because this company so fundamentally needed a culture change. now it's had two ceos from outside, although you're correct before that they were insiders. a lot of that culture change has been affected and i do have confidence that dan and the board weighed that question and made the decision that mary was the best person even though she's an insider. >> that's right. it was ed whitaker preceded mr. ackerman. whitaker coming out of southwestern bell. >> i want to get your perspective on that as well. from a stock standpoint the fact that the sto

she'll replace dan ackerson i've worked at general motors for 30 years.'ve always known it's great company. the men and women are so dedicated and i believe we have truly the best team on the feel. it's an honor to lead this team. >> barra will take over february 15th. >>> tokyo's nikkei lost half a percent. hong kong's hang seng dropped more than 1%. >>> and you know who they are. that's charlie rose, norah o'donnell, and gayle king, ringing the close bell at the new york stock exchange yesterday. the co-hosts are celebrating "cbs this morning's" 500th show and its upcoming second anniversary. >>> investors are looking to cash in on some of this year's big gains. the dow split on tuesday drop 5g 2 points to finish below 15,000. the nasdaq dropped 8 points. >> pizza owner digiorno has cut food supplies with a cheese farm in wisconsin. it shoes workers feeding, kicking, and've stabbing the cows. two have been fired. the farm's owner says he's making sure this never happens again. >>> uruguay is about to become the first company in the world to legalize mar

in.rra is ackerson is out. she has been groomed for this role, having spent over 30 years at the automaker. recently ahead of product development. i have worked for general motors for 33 years. i work with a ton of wonderful people. i always have been evaluated on what i contributed and what results i was able to obtain. we come together as a team. , oring a car, truck crossover on the road is a team sport. i view myself as part of a team. >> since yesterday, the treasury announced the full exit from gm, giving her a clean slate. she takes the position on january 15. to talk about the road ahead, we are joined by the deputy editor. jessica caldwell, chief analyst, and resident auto expert, matt miller. pretty significant in that they chose a woman tom and also someone who has been at the company for the whole career. said shey people have .s in, ackerson out he has been grooming her for this position. he has been a pretty clear favorite of his. he said just a couple of months ago that any car guys are running a

the guy in charge of stemming those losses, he was a top candidate for ackerson's job. >> he is going back to the board. brilliant it was a idea. interesting to see this week. >> the strong exchange rate in has driven out a number of big firms from the country and is prompting the central bank to continue to talk down the currency. to verbal are turning intervention. quite frankly, they have brought down interest rates to record lows where it has been really for the past two or four months. they have got -- they have not gotten the exchange rate to what they would think is ideal. there is this rise in housing prices. the market has responded. equal trillion dollar is to $.89. us trillion dollar is close to $.89. it is actually quite fitting that the original architects of the float of that a big adjustment in the exchange rate has needed to make australia competitive again. >> let's talk about the japanese currency because the yen just hit the five year low against the dollar. thatbelieve it is that level right now. it is at 803.80. some people would say that it is a bit overextended

it is interesting, dan ackerson, i remember what he said a couple the detroito -- all carmakers are runy non-car guys, but someday a car gal will run one of these companies. think about it, they are. he has no automotive background to speak of, or engineering. alan mulally is an engineer that comes from boeing. she really is the only car guy in town and it just so happens that she is a woman. >> matt, thank you very much. our own auto expert, matt miller. you have spoken to her? >> a number of times. one of the things that she said to me that stuck with me ever since, when the new corvette was launched, it was the most important car of 2013 and i thought it was amazing that you could get the car were such relatively little money and i thought about getting it myself but she said to wait until the camaro comes out, that it was a better track car. she said that they had designed it to be a weapon on the track. >> anyone who doubts her credentials can think of that conversation? >> the 1928, she is responsible for that. >> at 10:30 this morning, an exclusive interview with the person who p

december 16, we have den ackerson, chairman and ceo of general motors. -- dan ackerson, chairman and ceo of general motors. we also have a u.s. army chief of staff. secondly, i would like to present our guest with the national press club coffee mug. [applause] >> thank you. yound one last question -- talked about the challenges and the work that goes along with governing a major city. tell us what is the best part of being in your job? >> the best part about being a mayor is that you can make things happen immediately and directly for people. most of the levels of government and you have to -- you can talk about things and maybe put some language in a bill that might take effect at year or two from now. i can get some and water turned down -- turn on the caps on spot someone's can get water turned on or there pothole filled. >> thank you for coming. how about a round of applause? [applause] i would also like to say thank you to the national press club staff, including the nl is an institute and the broadcast center for helping organize the event. you can find more information about t

motorsoday, general chairman and ceo daniel ackerson will be speaking at the national press club in washington dc. he'll be talking about the state-of-the-art industry in gm's own progress. he will be live at 1 p.m. eastern. >> i wish you both a very happy christmas and a bright and prosperous new year. >> is pleasant to greet you mr. santa claus and to help you open the sale of seals which begins on thanksgiving day this year. -- some of the christmas seals is a special favor for santa claus? >> i'd be delighted. >> yes indeed. >> my father santa claus gave it to me. >> oh, it has some of the dogs. . >> this week, edith roosevelt to grace coolidge. sundays "meet the press" paul ryan and patty murray is custom bud

general motors ceo dan ackerson says the company is in a better position to consider paying a dividend-- next year. spent $1.3nts have billion to upgrade five including the one already announced this year. the detroit automaker has increased cash flow. one company has lost 70% of its value following in september ipo and has fired its ceo. coming up tonight on "bottom line" at 7 p.m. new york time, we will talk about the budget vote set for tomorrow with douglas holt he can -- douglas holt aiken. that is coming up on "bottom line" in about 90 minutes. created on our recipe by an 11-year-old you can find cookies, brownies, blondie in bake shops all over the u.s. and canada, even the caribbean. for more, i am joined by kate h up chief executive. tate'sed by kate -- big shot ceo. how did you get to be the chief >>cutive of this shop gekko -- of this shop? >> i have been working with her for some time. you started out where? >> price waterhouse. i started a consulted -- consulting practice to help with running businesses. >> give us the scale of tate's big shot. how many cookies gekko >> ab

barra will replace ackerson who plans to step down in january. he will be retiring to be with his wife who is fighting cancer. >>> a 6-year-old boy in colorado kissed a classmate and got suspended for sexual harassment. now his mother is fighting to get the i -- incident removed from his school record. >> and i leaned over and kissed her on her hand and that's what happened. >> reporter: for that 6-year- old hunter yelton is home today instead of at school. >> i did something wrong. she sent me to the office. i feel sorry. >> she was fine with it. they are boyfriend and girlfriend. the other kids went and told the music teacher. that's when i had the meeting with the principal and she first said sexual harassment. this is taking it to an extreme that doesn't need to be met with a 6-year-old. now my son is asking questions. what is sex mommy. it should never be said sex in a sentence with a 6-year-old. >> reporter: both hunter and his mom jennifer admit he's had trouble in the past. he has been in trouble for rough housing and kissing the same gir

ackerson or ms.ncluding mary barra being elevated to the role of ceo of general motors. she will take over the top spot on january 15th. there may be some people who are saying, who is mary barra? she's a 33-year veteran of general motors. if you're in the auto industry, you know who she is. her background is in general motors operations. that's really her strength in terms of coming up through the auto industry. and why is she replacing dan ackerson as ceo of general motors? he has said for some time there was a succession plan in place, but most of us thought it would happen late last year. akerson asked for the advancement, because his wife has been diagnosed with late-stage cancer. he wants to step down to spend time with his wife. we'll have more throughout the morning from ms. akerson and ms. barra, regarding the huge, huge change. back to you. >> all right. phil lebeau in chicago, thank you very much. the gm shares now, just slightly higher on the day. barra will be the first woman to lead a g

. >> first female ceo is replacing dan ackerson. gm is today no longer part of the government control. so, that story is coming up. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? if yand you're talking toevere rheuyour rheumatologistike me, about trying or adding a biologic. this is humira, adalimumab. this is humira working to help relieve my pain. this is humira helping me through the twists and turns. this is humira helping to protect my joints from further damage. doctors have been prescribing humira for over ten years. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. for many adults, humira is proven to help relieve pain and stop further joint damage. humira can lower your

that's only one person, close confidant of jeff ackerson's. and i would add today the stock has not even taken a burp, cheryl. as you pointed out, down just a little bit. but this is in some ways earth-shattering news, and wall street does not mind at all even though this is coming sooner than anyone thought because of dan akerson's wife's illness. she has cancer, and he's going to devote his time to that. he was probably going to step down, he said, second half of this coming year. now he's gone as of january 15th. cheryl: but certainly i know, jeff, you did speak with him, and the timing of this announcement not related to treasury's sale of their stake in general motors, because the timing was just kind of spot on. but just a coincidence? >> reporter: well, you know, i think he learned about his wife's cancer, and i think he did want to get past the sale. i mean, he really -- that really puts a bow on his whole term as ceo, so that kind of works out well. you could tell today, and next hour we'll have some tape of him at his employee meetin

mary bara will reportedly be the next ceo at general motors replacing dan ackerson as you mentioned she will be the first woman to lead a major u.s. automaker. graduated from stanford's business school in 1990. she currently leads product development and global production for general motors and will take over. this coming as the federal government just sold its final shares of the company. bailed out gm for $9.5 million -- 49 .$5 billion five years ago and it turns out taxpayers will lose $10 billion on that deal. >>> lesson number one in retail. don't disparage the customers. lululemon's founder and chairman chip wilson found that out when he said that some women's bodies aren't meant for a lululemon's yoga pants, that upset a lot of people out there. and his apology was half hearted at best. so he is stepping down as chairman and investors and customers like that news. the lululemon shares right now are up by 1%. >>> market had some modst gains yesterday. let's see how it's doing this morning. another pretty quiet day on the economic front. dow dropping 22 points, nasdaq is down by 4.

she will replace dan ackerson. the significant hiring comes as a new study shows that young women are earning closer to what men make in comparable positions but the report says that women lose ground on salaries by the time they hit the mid-30s in part because many become mothers. the research also shows women still face discrimination in the workplace. here on wall street, stocks lost ground after gains. the dow slipped 52 yesterday, the nasdaq down 8. >>> someone in florida has a very serious sweet tooth. they stole a truck full of hershey's chocolate worth about $120,000. the driver says the truck disappeared after being parked for the night and a thief made off with the goodies. >> how do you eat that you will? >> i don't know. hopefully didn't melt in the truck, though. well, we hear there's some controversy about a baby bouncer. >> reporter: yeah. boston-basedded child advocacy group wants fisher-price to recall the newest bouncy seat that comes with an attachment in which parents can insert an ipad so a bab

center for strategic and international 30s at 9:30 eastern on c-span2. , dan outgoing gm chairman ackerson will speak about the company and their investment plans. he led gm initial public offering in 2010, 1 of the largest in u.s. history. you can watch his remarks beginning at 1:00 eastern here on c-span. host: joining us from boston is john della volpe, the polling director of the art institute of politics. he is joining us to talk about the new poll looking at millennial's and the support of president obama in particular, focusing on the health-care law for the affordable care act, and also to more broadly look at the millennial view of politics and public service. thank you for being with us this morning. guest: thanks for having me. good to be with you. host: we have the overall numbers in terms of your poll for the harvard institute of politics. the approval rating for president obama, where does it stand for november, 2013? guest: thanks again for having me. where it stands now is overall, among all 18-29-year-olds in america, the president posses approval rating is down to 41%. th

mary barra will succeed dan ackerson. and the u.s.st $10.5 billion on the gm bailout but the alternative would have been a lot worse. the recession could have been a depression, that's according to treasury secretary jack lew. mr. lew said, quote, the economic stakes were high and president obama understood that inaction was not an option. his decision to commit to additional support to gm while requiring them to fundamentally restructure their business was tough, but it was right. now remember that the auto bailout was part of the t.a.r.p. program, the bulk of the funds going to the banks. while the u.s. spent almost $422 billion on bailouts, it's recovered about $433 billion so so far this far in the program, including the loss on gm. so netanya net, the government up. >>> lululemon's founder and chairman out the door. it took a while but he had made some controversial comments earlier this year. >> exactly, the saga of course at lululemon continues. the company's founder and chairman, chip wilson, he is stepping down after an uproa

. >> she was hired -- dan ackerson put her in the position. she said it's about talent.the characteristics you would want even 20, 30 years ago. she has everything you would need to be running this company. will she change the culture? i mean, yes. i do think women bring different things to the boardroom and the ceo spot. we've seen that time and time again. and she is also known for sort of this kind of no bs way. she doesn't like process. a famous anecdote about her, when she ran hr, which is an area that's historically been run by women. she took a ten-page dress code and threw it out the door. the code is dress appropriately. if you're running a team at general motors, you probably know how to dress. it's that kind of things she brings, man or woman, those things will be valued. >> this also comes just on the heels of the treasury department aunnoing they've sold the last of stock in gm from the auto bailout. >> yes. >> what is the gm that mary is taking over? >> she's taking over company that has come a long way. was saved by the government and has come out of bankr

dan ackerson has done a great job, although he is almost completely absent from the media and a greatjob of running this company. they have one every quality award you could think of. incredibleone an job with their products. this guy is not a car guy. this is behind the development of the new silverado sierra. he is been a huge fan of mary for a long time. she went to stanford business school, she becomes the first woman. >> do you have a favorite carmaker in terms of investment shouted g? do you have shares of any of these guys? >> tesla is one that i've done a lot of trading around. i do think over the long term that tesla could be up player because i'm a huge believer. is that this will be the year of huge exciting surprises. we will have a lot more stories like we did. jcpenney, a big shakeup. ivan seen this much activism in at least 15 years. they were able to get far in the past year. normal demographics. do you think that tim cook is going to stay at apple. i think that he was a transition. he even looks like steve jobs. so clearly wouldn't be for them to get get to that that

dan ackerson spoke about the automaker paying a dividend next mary barrall as becoming their first woman ceo next month. >> mary was picked purely on her talent, success, not because of her gender. i am proud of the history the general motors has in terms of promoting qualified minority and female employees. us now is turnaround expert harry wilson. he helped to oversee the restructuring of general motors when it declared bankruptcy in 2009. chairman of ans advisory group. great to have you here this morning, harry. you and i have talked before. you have expressed pleasure at a rapid pace that gm has recovered from bankruptcy. are they ready to pay a dividend? >> i think they are. one of the things they have improve upon is their capital allocation. huge amount of cash flow, going forward. there is still plenty of room for share repurchase or dividend. >> when you look at the turnaround, what do you see, looking back, and what made it possible? >> two things. the company had to have an improved product suite. that was in the works before we showed up. it was always identified as one of t

we have dan ackerson moving on. he's using this to tick off his boxes before he does that come announcing all kinds of exits including his own, right? it will come on january 1 when the new ceo in 2014 takes over. we also learned that they're going to exit ally financial, the remaining stake being sold for $1 billion at a healthy profit. here in europe, i think this is are limiting their exposure, getting rid of the chevy brand which will be gone in two years. europe has been a bloodbath for gm. not just a short-lived one, but it has gone on since 1999. they have lost $19 billion here. back to you. >> ryan, thank you very much. ryan chilcote on the latest from the car sector. >> on the ourmberg exclusive, european business correspondent caroline hyde joins us now with more on the google story. all aboute, this is optimizing performance. google can basically better control the interaction between hardware and software, but it is also about cutting costs. giants such as google and facebook are looking for lower powere

we will get his take on what dan ackerson did yesterday.g into dividend for general motors. >> very good. betty liu. >> one for the road. here is one to start off with. itsng expenses a boost in dividend. $10 billion repurchase plan that is in addition to the 800 million that was leftover from its 2007 buyback authorization. going shares up by two point 25%. 2.25%. >> you can see there is certainly room for appreciation. >> this one, you knew this was coming one day, facebook will start selling video ads. this is according to the wall street journal. you can't avoid it. this may be announced as early as today. facebook shares are the most actively traded company stock in the three market come up by 1.8% to just below $55 per share. >> here's one that may have longer-term implications. jpmorgan chase along with bank of america and a couple of others, capital one and hsbc are being sued for possibly manipulating credit card fees. when not talking about a small amount of money, we're talking about $54 billion a year according to the lawsuit. w

the front page, general motors tapping product chief mary barra as the neck ceo, who succeed dan ackerson who is retiring. the first woman to run a major global automaker in the 22nd woman running a fortune fortune -- fortune 500 company, this includes meg whitman and virginia rometty from ibm. >> women still unrepresented that's underrepresented. but this is a bb&t at >> it is a big deal. i agree totally. but the migration is underway. you wonder where we will be in five years or 10 years. saying not too late to buy your daughter a truck for christmas. >> tonka toys. a great idea. >> not just for boys. >> advertisers, are you listening? >> my daughters are in their 20s, just with a one. the big, ugly metal ones. >> that they can get behind the wheel? >> no, just big and ugly. confrontation in kiev overnight. thousands of protesters clashed with police. security forces tore down barriers and tenants in an overnight raid. opposition activists squirted water and smoke bombs at police officers in an attempt earlier to storm city hall. that had been seized by protesters more than 10 days ago.

general motors chairman and chief a thicket of officer daniel ackerson announced last week even retirednext month. monday he spoke about his successor -- successor mary barra the first female leader of any automaker. you can see this and other events from the national press of any time at c-span.org. here is a look. >> looking to your successor some have downplayed the significance of mary barra being the first female ceo for of a major automaker but it's a big deal. what do you see is the significance of having a woman in that job? >> i haven't heard anyone downplay it personally nor do i think it should be. i think it is noteworthy and i think it's a storied. i think mary barra was picked purely on her talents, hard work and her success and nothing else. not because of her gender. and i'm proud of the history that general motors has in terms of promoting qualified minority and female employees. we do that excess of stem, science technology engineering and math graduates coming out of colleges. 2225% of our plants in this country are owned by women. the young woman that runs are manufa

we will hear from general motors chair and ceo daniel ackerson.e is speaking about the progress of the company and its investment plan, as well as the state of the auto industry. that will be live at 1:00 p.m. eastern. >> i wish you both a very happy christmas and a bright and prosperous new year. is a pleasure to meet you mr. santa claus and to have you onn the seals that begins thanks giving day for this year. >> would you mind autographing some of the christmas seals as a special favor for santa claus? >> i should be delighted. it is one of the things that i do best. that is a good pen you have. >> yes, indeed. my father gave it to me. >> first lady's influence and image. season two. edith roosevelt to grace coolidge. >> fcc provided the first country in the world to provide allocated spectrum. this is something that allows monitoring of vital signs without having to have intrusive monitors. it can be a game changer in terms of tracking people's health. wireless,a remote, remote patient monitoring solution to be able to put inpatient'sevices ho

ceo on monday, chairman and dan ackerson will speak at the national press club about their progress at the company. he led the gm initial public offering in 2010, 1 of the largest and u.s. history. you can watch his remarks beginning at 1:00 p.m. eastern. >> fcc was the first -- provided the first country in the world to provide allocated sector. this allows vital signs without having intrusive marketers. we are a remote wireless monitoring solution. we are able to monitor and keep them well. typically, a patient would have to go to the doctor maybe once a week to get a blood reading. and then the data goes into this device and that can go to our service center or our nursing center. --y can alert the nations the patient's cardiologist. on providing a model notice for health apps. for example, when you go to buy a can of soup, you know how there is a consistent fda label that led to look for the things you're interested in? some people care about sodium or sugar or fat. similarly, we are developing a tool. we have done this for personal health records and now we are expanding it. this

mary barra replaces dan ackerson when he retires next month. barra will be gm's first female ceo. news comes one day after the government sold its final shares of gm stock. >> the "reno gazette-journal" says the search is expected to resume today for a family in northwest nevada. two adults, their two children, a niece and a nephew vanished in remote mountains on sunday. authorities say they went to play in the snow. >> temperatures nearby had dropped monday to 16 degrees below zero. >> and "the los angeles times" says 18 former and current sheriff's deputies face federal charges. they are part of an investigation of corruption inside the nation's largest jail system. the charges include beating inmates and visitors and trying to intimidate the fbi.,, >>> another cold start@morning, freezing temperatures hoeing up outside again today. clear skies. all the way to the coastline. but temperatures dropping off into the 20s and the 30s again especially inland. high pressure now beginning to work its way on shore. i think the next couple of days the temperatures going to moderate. even

but she has this ability, dan ackerson says, he was singing her praise is a year and a half ago, to bring people together, he was really trying to change culture at gm and he thinks she can be that agent of change from the inside. not from the outside, but somebody who has come up through the ranks, knows the culture and can change it from the inside. adam: i think everybody wishes for the best but only one vehicle in the top 10 best-selling vehicles. they have to change that around as well. jeff: good point. adam: approving the volcker rule today. we are waiting on votes to officially accept the addition of restrictions on banks following the financial crisis. joining us now to discuss this in an exclusive interview with a former drafter of the volcker rule, a partner in washington, d.c. and i should point out you were on the initial committee that wrote the initial version of it, but you left in 2010, 11, and what got voted on today was not what you actually would have been in favor of, correct? >> first, thanks for having me. what i worked on was initial statutory language, which was a

because the new ceo on capitolmotors -- hill it was daniel ackerson who was asked about the election.ere's what he had to say. some have downplayed the -- >> some have downplayed the first sake -- the significance of the first ceo of an automaker. what is the significance of the woman in that job? have not read anything that downplays its nor do i think it should be. i think it is historic. i think mary was picked up early on her talents, hard work, and success. i am proud of the history general motors has in terms of remote in qualified minority and female employees. do that because of science, technology, engineering and math graduates coming out of colleges. about 20% of our plans in this country is owned by women. the young woman who runs our manufacturing and engineering, folks are in the plants. our complex woman runs , global purchasing supply chain. quality initiatives and customer experience, woman. these are all 80s it serve on the executive committee. i am not surprised mary rose to the top. she has been with the company for 30 years, graduated from gmi. general motors no l

from outgoing chief dan ackerson. he says the perception of g.m.a boys club is dated. >> i think roughly 25% of our plants are run by women. the number of senior jobs in our engineering organization are run by women. >> an engineer by trade, about her are a has risen through the ranks, starting as an intern and right up to the position of global product development. she has spoken fondly of the company where her father also worked. >> i've worked with a lot of great people, been given the opportunity to do great things that really challenged and gave me the ability to challenge my leadership style and skills and knowledge of the vehicle. i've had a great career. >> her success remains an exception. the number of women heading up corporations has remained steady and small in recent years. only 16.9% of corporate board seats were held by women in 2013, a number that hasn't changed significantly in eight years and only 14.6% of executive officer positions. that number hasn't changed in four years. >> the most recent data suggests that women are doing

the company has designated mary berra as the next ceo succeeding dan ackerson. development worldwide for general motors, a veteran of the company. and the significance of this cannot be overstated. for years, decades, the auto industry has been pretty much accurately portrayed as an old boys club. and if you're a car guy -- and while there have been women who have risen through the ranks as many automakers and mary barra up until was on the high end of a female auto industry executive. and she'll be theceo, ceo of the world's largest automaker or close to the world's largest automaker depending how you count the sales in china, mary barra will be the next ceo of general motors. >> this is really big news. the street has been trying to figure out who the next ceo would be. mary was considered one of the contends are for this job. for car development, this is a very big position. before that she was in human resources. that doesn't give her justice for everything she's done in her career. she's reason a pla-- run a plan one time, she's an engineer. >> more importa