abc news president ben sherwood will succeed anne sweeney as president of abc television group next year. sweeney is retiring in 2015 to pursue her dream of television directing. sherwood has been at abc news since 20-10 and is credited with helping boost the ratings of its morning show good morning america. the" housing bubble crisis" is coming to the silver screen. brad pitt's plan b production studio and paramount pictures will adapt the best selling book by michael lewis: "the big short: inside the doomsday machine". the book was published in 2010 and chronicles people who predicted the crash. an oklahoma girl scout has broken a 30 year record by selling more than 18-thousand boxes of cookies. 11-year-old katie francis says she asks every person she sees if they will buy a box of cookies. she still has a few days -- until the end of march -- to pad her current total of 18,107 boxes. the previous record was 18- thousand boxes sold. it was set in the mid 19-80s. still to come: healthcare hunt. how to stay savvy while shopping for insurance. plus.....how one company is using snow to mar

. >> turning over the keys to the magic kingdom -- who will succeed bob iger now that anne sweeney isket makers" live on bloomberg television. your tablet,s on bloomberg.com, apple tv -- we are available in a modern digital world. >> i thought you were going to break into song any minute. ♪ >> it is the biggest blow yet to shed to -- to ride sharing services. the supposedly green city of seattle has imposed new regulation. julie hyman is here with the details on what may be a big setback for these companies. it's so weird that seattle is so technologically advanced and hip. >> i guess the taxi commission is just as powerful there as it is in other places. they are limited to the number of drivers they can have on the road in seattle, so each of three services, sidecar, uber and left -- lift is the one with the pink mustaches. they can each only have one hundred 50 drivers for a total of 450. estimates put their current driver ranks at 2000. this is a big problem because this service possible reason for being is they work on demand. a lot of demand at rush hour and there's only 150 dri

anne sweeney, president of disney abc television group says she will step down by next year.it's a gutsy move. considered by many one of the most powerful women in hollywood -- sweeney plans to go from the corporate boardroom to behind the camera, as a tv director. effective immediately.. kodak is naming a new leader. jeffrey j. clarke is taking the top job.he replaces antonio perez who has been kodak's ceo since 2005.perez said last july he would leave the company within a year. clarke comes from an investment firm specializing in technology companies. now on to two stocks that are prompting a "swift exit." shares of fannie mae and freddie mac continued a dramatic slide lower yesterday as the senate banking committee discusses dividing the two names from the mortgage market altogether. the proposal -- out this week -- still requires approval, but it's looking more likely the nation's mortgage system, is shifting to at least partial private control. the government bailed out fannie and freddie during the housing crisis. despite controversy--.two firms are taking a shot at creating high-f

anne sweeney, co-chair of disney media networks and president of disney abc television group, announceder that 18 years, she's decided to leave the walt disney company for a new chapter in her life. sweeney will step down in january of 2015. she has been a strengthening supporter of abc news. a great friend to all of us here. and in her note to her colleagues, she said she plans to pursue her dream of reconnecting with the creative process, making and directing television. her note said what so many people ask themselves about their dreams -- if not now, when? >>> and coming up next, right here, what your dog could be doing when you're not home. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. hey kevin...still eating chalk for hearburn? yea. try alka seltze

he'll take over when anne sweeney steps down early next year. has infused this news division with energy, a passionate spirit and a view towards the future. and that's not going to change, as he moves to his new position in california. it's great to have him as captain of the full abc team. >>> and up next right here, the bible story brought to life. what is the truth about noah? did a hollywood director figure out the dark secret of a biblical icon? way to go, crestor! yeah! getting to goal is a big deal, especially if you have high cholesterol plus any of these risk factors. because you could be at increased risk for plaque buildup in your arteries over time. so, when diet and exercise aren't enough to lower cholesterol, adding crestor can help. go, crestor! ♪ ♪ oh, yeah [ female announcer ] crestor is not right for everyone, like people with liver disease or women who are nursing, pregnant, or may become pregnant. tell your doctor about other medicines you're taking. call your doctor right away if you have muscle pain or weakness, feel unusua

anne sweeney announced that she will exit the company in 2015. she joined disney in 1996.isney channel and abc family were involved. she will pursue a career as a television director. those are your headlines. >> thank you matt miller. there is controversy over the commercial use of drones. amazon recently demonstrated that a drone could be used to deliver packages. there have been reports that facebook may be interested in using drones to deliver internet access from the sky. while the faa is considering rules governing the use of drones, a company at sxsw in austin, texas, demonstrated a completely different kind of drone. it can shoot stun darts at people and deliver a shock of 80,000 volts. the company behind this demonstration is called chaotic moon. we have the chief innovation officer here, william hurley. tell us about this. you finish it for me. >> thank you for having me. it is a chaotic unmanned personal intercept drone. we wanted to use sxsw as a platform to raise awareness of how fast technology is outpacing regulatory control. even the things entrepreneurs an

the move will fill the vacancy being created by the departure of anne sweeney.eaving to pursue a career in television directing. sherwood will begin the transition immediately. a monster storm developing off the east coast will not be a threat to large cities. forecasters say cities and canada will get hit hard with wind and snow. one to two inches may start falling tomorrow from philadelphia to new york. back to you. >> earlier this month, the college board announced an overhaul of the sat. the essay section will be optional starting in 2015. more free prep materials will be made available. our next guest knows how to prep for the test. i'm looking forward to this. the author took the sat seven times in 2011 to help her son score higher on the exam. she wrote a book about it. welcome, debbie. >> seven times? >> are you as crazy as carol said? >> to help my son, i may have taken it one time. i did get obsessed. as an adult, it is fun. it is like crossword puzzles. go back and try it is a grown up. it really is fun. >> how did you do the first time? >> i got 1800

he will be taking over for anne sweeney, who will be leaving in january.ho is staying on at abc news until a replacement is named, will oversee the company's largest division. it includes abc, abc family, and the disney channel. vice media combines punk culture with online journalism, and the strategy is giving traditional media players a run for its money. vice has grown its way to a whopping billion-dollar valuation. jon erlichman met up with the head of vice media. >> we are talking about shane smith who is a really colorful character. this is a platform through all of the different ways they are reaching people is reaching upwards of 129 million people each month. their latest venture is vice news. i started by asking him how much money they are putting into this new part of the vice empire. >> i will spend about $50 million. we just launched, we are still in beta. it has been a tremendous success with our coverage of the crimea and the riots in venezuela. not only is it driving a lot of traffic but it is also getting kudos from mainstream media who ar

ann sweeney is the co-chair of disney media networks. e president of the disney abc television group. around ann says she's ready for a new challenge after wrangling us for years. she is off to pursue her dream of reconnecting with creative process. she's worked in television her whole life. so she wants to go make and direct it. she said she's stepping down in january, all of us, of course, who know her wish her nothing but the best. she is certain to be a success at whatever she chooses to do. >> and the e-mail she sent us all, it was wonderful, when she said, if not now when? how many times in this program have we talked about that going forward pursuing your dream. >> yeah. can't wait to see what she comes up with. >> congratulations, anne. >> yeah. >>> now to the federal investigation just being launched into general motors, looking into the company's failure to address deadly safety issues before a recent massive recall. abc's rebecca jarvis has that story. >> reporter: this morning the largest automaker in the country, general moto

disney announcing abc news president ben sherwood will begin a succession to succeed anne sweeney, presidentabc network and television group. sweeney announced this month she will leave disney next month to become a television director. >>> nokia says the sale of vodafone unit to microsoft will be delayed until next month. the deal needs approval by regulators in asia. nokia expected the sale to be completed in first quarter. >>> blackstone sold 15 million shares of seaworld cutting its stake to 25% and relinquishing majority control over the theme park operator. blackstone could raise $500 million from the sale. that is the latest from the fox business network, giving you the power to prosper. , more headaches for general motors. new reports say federal authorities are looking into whether the company covered up the ignition defects when it filed for bankruptcy back in 2009 and even more damaging for, damning for regulators, nhtsa may also be held accountable for failing to flag the defects going as far as back as 2007. to explain all of this, elizabeth macdonald. >> now we've got anthony f

sweeney iger and anne say this is just something she was to pursue. >> do you believe it?has had a lot of success and she might have said this is something new. >> how legitimate is a tv directing job? >the power players in hollywood who direct movies, named the director of a hollywood tv show. >> it is a writer/producer medium, not a director made him so it's not as prestigious a job as being a film director. television hasll i had a huge resurgence. there is a lot of opportunity there. >> you don't think she can get an opportunity in movies? but sheould, perhaps, considers it a way to start and she said she will talk to the creator of "scandal" who she has a relationship with to get the lay of the land and start from there. >> how does the exit package work? >> she was offered a three-year contract renewal and took a one-year deal with goes to next january. she will be out by the end of the year. we are not quite sure what that packages. >> do you think any of this could be the result of declining viewership at abc? the cable channels do well. could this have to do with

i want to switch gears to the other media story, ann sweeney and her surprise is the nation -- resignation she wanted to start directing television shows. bob iger.choed by what do you think is the real story behind this? >> at this stage, you have to take it at face value. anne, from everything i've heard, she discussed this with bob. she did not want a long-term contract last year. bob is going out in june 2016. he offered her a contract that basically paralleled his exit. she did not want to do that. she only wanted a one-year contract. he already knew she was probably going to be doing something else at the end of 2014. and now he found out what it is. she is had a lot of careful discussion about this. you have to take it at face value. she will really be an unrestricted free agent, to use a sports analogy, when she comes out. on the other hand, she may enter some kind of an agreement with beney to be a director, to associated with disney. disney produces a lot of television programming, and that is what she says she wants to direct. so who knows? she is still staying with them through

served as abc news president for three years, has been chosen to lead the entire network when anne sweeney steps down next year. ben will become the next co-chairman of disney media networks and president of the disney/abc television group. congratulations to ben. i sent him an e-mail yesterday saying as much. 4:00 a.m., e-mails me back, thanks. the man never sleeps. >> one reason he got the job. we should give him a round of applause. [ applause ] >> congratulations, ben. >> let's do it how ben would do it. that's how ben always does it. >> he's a slow clapper. we love you. >>> all right. what do you say we keep playing our game then, shall we? >>> we're going to turn to the smash hit smartphone game candy crush, that has people everywhere hooked, including perhaps some folks at this desk. it is set to go public on wall street this week, giving the creators of the addictive app a very sweet payday. and abc's rebecca jarvis has the story. the millions of people who spent hundreds of hours trying to clear all the jelly, the game is just beginning. at least that's what king digital entertain

dish and disney didn't talk about the financial terms but disney's ann sweeney called it one of the mostprehensive disney has ever undertaken. on dish's side the company agreed to bust the kneecaps of its hopper dvr that allows viewers to fast forward through commercials. it sure looks like some interesting content deals could be in the offing for 2014, guys. >> sort of undercuts the technology in that regard. thanks, jon. see you later. >> and we're not frozen on markets. 226 points on the dow. the s&p 500 looks to be aiming to make another record close, bill. i think that would be the fourth or fifth one of the year. we should mention, health care, there's just no stopping it. we talked earlier how it's up 430% from the lows. it's up 8% year-to-date. one of four or five sectors at this point that is in the green. >> she's pounding the table over that the one. was that a pun i heard you sa sni. >> perhaps? >> coming up, an exclusive interview with sylvia mathews burwell. it's coming up in a moment. stay tuned. pay my bill. phone: your account is already paid in full. oh, well in that ca

. >> replacing ann sweeney and done great things at abc news.it away. >> i know that we are in fierce warfare and we want to win and they want to win and you get guys that you like and you got to mention them. >> packard almost up 3% on a goldman call. a truck rebound. >> there's a big truck rebound coming. and now my charitable trust owns cummins. this has been a laggard. paccar we recommended not that long ago. this is a very big cycle it's called class eight, heavy duty trucks they've been in a bit of a bear market. it was a big call. don't buy navistar because there's other research that says be careful, navistar, ubs says they are losing share. i like paccar it's a great american company. >> dow's up 108 points here. breadth is overwhelmingly positive here. >> europe, i guess people kept waiting for europe to look better off the g7. agatha christie. >> or one of the great lines on twitter was i could have had a v-8. >> i had bombardier on and they own lear jets. and i see no one focusing on it. it is kind of amazing when you think about it.