let's get to our reporter alex webb in munich. what is behind the miss? alex: pre-much everything. they have nine divisions and all of them but two declined to profit. they're trying to push into more energy distribution extraction equipment and people are not buying that stuff. the reason the ceo had given for why things might be ok is if you are spending more -- less money buying oil than you might invest in your factories but that hasn't happened either. guy: are people questioning the case a strategy -- ceo's strategy? alex: they agreed to spend $8 billion on a company that makes a lot of equipment for fracking. they've gotten out of this fracking industry since oil prices declined so people say why pay crazy multiples for this american company? maybe they will get lucky and the european commission will block the deal. they still say they want it to happen and it should close by the summer. that is the big question mark. alex: there is a call in 10 minutes time where i intend to put the call. 2200 will be in germany. we don't know the divisions affected. power and gas is a prob

alex webb in munich. what is dominating? alex: clearly the big story are the job cuts. pushed the total to 13,100. a big number as they try to reach $1 billion in savings. if you look at the numbers themselves, nine divisions and every single one made a lot. i'm sorry profit decreased in all but to bump divisions. -- two divisions. have money to spread on infrastructure and trains and so forth, that hasn't really laid out to it might do in coming months but in the short term, while declining, that is not the case. jon: you and i have gone back-and-forth between joe and his strategy and i go to the day he was announced as the new ceo. you and i talked about the fact that internally, this was the man that everyone wanted and then came the job cuts. what are the implications? alex: is a different gig being the head of a company in germany, the labor representatives are two an extent your boss. they sit on the supervisory board, so you are accountable. when he goes to london or europe, he is a different guy. he comes back to munich and bavaria he is like i come from this de

alex who gets to be in them? there's nobody. >> well so far, bernie sanders is the only other democrat who has officially declared his presidential campaign. jim webb former senator and lincoln chafe fishing the former governor made exploratory committees, they haven't officially announced their campaign and also vice president biden hanging out there, saying he is still looking at it in touch with the dnc about these debates, but hasn't said anything official. >> right now just hillary clinton debating herself. >> we got bernie sanders, at least. >> he is an independent. he is an independent. >> well he is running as a democrat t and he -- interestingly, he has not been talking to the dnc about these debates, but now, he is going to, says he is running as a democrat, going to run in the democratic primary, said this bond in new hampshire, switch his party registration, if he has to. >> go that's fixed up for new hampshire, the granite state first. alex sites wald thank you. appreciate it. >>> gop has the third candidate to enter the 2016 race this week, third this week former arkansas mike huckabee officially announcing his candidacy, following, d

there's always jim webb floating out there and stay tuned for joe biden, we could have news on him even further down the road. >> which would make it very interesting to say the least. alex, thank you very much. a busy day for you. see you again. >>> sunday night at midnight sections of the patriot act including the one that allowed the nsa to collect bulk data on citizens is set to expire. they would hold a sunday session to attempt to come up with some solution. president obama applied not so subtle pressure on senators to act. >> the only thing that's standing in the way is a handful of senators who are resisting these reforms, despite law enforcement and the ic saying let's go ahead and get this done. >> let's bring in nbc's kristen welker at the white house, was what does the president think is behind the impasse or pointing fingers at who? >> good afternoon. i think president obama thinks there's genuine opposition to this legislation but also thinks that some of the opposition is political, including republican candidate senator rand paul. i'll get to more on that in a minute. the key sticking point, alex just to map it out, is section 215, the provision exposed b