automaker chrysler. their plan called for mazda to supply its sports car sold as the roadster in japan to fiat. fiat which market their model under alfa romeo. the executives may also consider working together on eco-friendly technology. that could include improvements to fuel efficient engines developed by mazda. managers at mazda are looking to expand sales overseas, a tie-up with fiat would help. fiat was the world's seventh largest automaker by sales in 2011. >>> on to our next news now. north korean officials indicate they have no intention of carrying out a nuclear test. western diplomats have warned of that possibility for weeks. but state media reports the north koreans are focused instead on putting a satellite into space. >> the korean central news agency quoted a spokesperson for the foreign ministry. the official warned north korean officials will have to take countermeasures if the u.s. continues to press for tougher sanctions. >>> and the senior u.s. diplomat for korea is leaning on chinese

automaker chrysler. their plan calls for mazda to supply its sports car sold as the roadster in japan to fiat. fiat would market the model under its sports brand alpha romeo. and they may consider working together on echo friendly technology that could include improvements to fuel efficient engines developed by mazda. managers at mazda are looking to expand sales overseas. a tie-up with fiat would pave the way. mazda is seeking new alliances to stay afloat as its ties with ford are getting weaker. the u.s. automaker was once mazda's largest shareholder. fiat for its part would benefit by using mazda's technology to introduce mini vehicles. the company sold 3.9 million units in 2011, making it the world's second largest automaker. it sells smaller cars under the fiat name and it also has luxury brands such as alpha romeo, ferrari and maserati. >>> the libyan government has launched a protest in the south china sea. the latest developments in this long-running dispute. >> the vessels from the philippines a

chrysler. the u.s. automakerad its best april since 2008 with sales up 20% from last year. >>> a group of british lawmakers say rupert murdoch is unfit to run his worldwide media company, news corp. the ruling is based on last year's phone-hacking scandal at his newspaper, "news of the world" and could affect british sky broadcasting. >>> federal prosecutors say the former controller of an illinois town stole millions more of the city's money than previously thought. rita crundwell is accused of embezzling more than $53 million from the town of dixon since 1990. an initial investigation accused her of stealing $30 million. she allegedly used the money to finance a horse-breeding operation. that's it for me. >> and that's a lot of money. randall pinkston here in new york, thank you, randall. >>> alexander dale oen, another norway's best hope for a swimming medal in the london olympics died. officials say the world champion in the 100-meter breast stroke was training in flagstaff, arizona, monday and suffered an ap

today the company has repaid nearly all of its government loans and the italian automaker fiat controls chrysleramerican icon 14 years ago today. and now you know the news for this monday, may the 7th, 2012. we'll have updates throughout the night on the word of this alleged plot to blow up an american jet with other bombers involved and other

today the company has repaid nearly all of its government loans and the italian automaker fiat controls chrysleramerican icon 14 years ago today. and now you know the news for this monday, may the 7th, 2012. we'll have updates throughout the night on the word of this alleged plot to blow up an american jet with other bombers involved and other bombs that have been updated. for now, for the journalists of fox news, i'm shepard smith. opinion and analysis begins now on the most powerful prime time in all of cable news. hello, mr. bill. >> bill: the o'reilly factor is on. tonight. >> you don't think blacks jumps whites in the wake of trayvon martin is news worthy? >> on its face, no. >> the newspaper editor in norfolk, virginia who covered up the story about a black mob attacking two of its reporters comes clean to jesse wawrs. >> willing

chrysler. the automaker reports that sales were up 20% compared with the year before. the u.s. rivals ford and gm report sales dropped last month. last week chrysler reported the best quarterly profit in 13 years. it came after the company overhalted the entire line from it took a bailout from taxpayers. >> it's been more than 10 1/2 years since u.s. troops hit the ground in afghanistan. with the president in kabul polls show dropping and negative on the whole for the longest war we've ever had. the latest fox news poll, 78% say they wanted our service members out of afghanistan, 16% want them to stay. next a live report from kabul. what is ahead for u.s. troops as we wait to hear from the president in afghanistan. ...the united states would be on that list. in 25th place. let's raise academic standards across the nation. let's get back to the head of the class. let's solve this. [ male announcer ] you plant. you mow. you grow. you dream. meet the new definition of durability: the john deere select series. with endless possibilities, what will you create? ♪ dreaming of great sav

automaker reported first-quarter profit of nearly $500 million. that's its best quarter since exiting bankruptcy in 2009. and tom, we're going to get a better picture of how chrysler is doing tomorrow. that's when the nation's automakers post their april sales numbers it. >> tom: u.s. sales have been a bright spot for those equipment manufacturers like chrysler, gm and ford especially in light of the slowdown we have seen lately in the europe. and you know, in our market focus, it was despite the monday merger news that we had, the major stock indices finished this month of april in the red, down for the first month for the dow and s&p 500 since last fall. after weak trading in europe as spain slipped into a recession, u.s. stocks saw selling pressure throughout the day. the s&p 500 hit its lowest price of the session about an hour and a half before the closing bell. today's losses were powered by selling in the technology, industrials and materials sectors, each falling more than a half percent. technology has been the best sector this year, but its also lived up to its volatile reputation. even apple has continued to see wide price swings. apple's 3% drop led th

the affected models are the 2011 and 2012 chrysler 300. the automaker overheating fuse could cause the brakes and electronic system to malfunction. so far, no accidents relating to the problem, have been reported. >>> acclaimed children's author, maurice sendac has died. he had the signature book, "where the wild things are." sendak was seen as an author who told the truth about childhood, which sometimes led communities to ban his book. he was 83 years old. >>> time for a quick look at some of the stories you'll find in tomorrow morning's edition of the baltimore sun. a controversial proposal to change the way billions of dollars in federal emergency preparedness funds are distributed. easy and delicious frittatas. and who is number 9 in the suns' list of top 175 athletes of all time. read these stories and more in tomorrow's baltimore sun. and remember to look for the forecast from wjz's first warning weather team. >> i like how you said frittata. >>> well, if you are looking for a design idea from the experts, the bso's designer showcase is just for

automakers aren't coveting the subprime space yet. is there a possibility they're going to see it's working for chrysler and move in as well? >> i think so. that's definitely something automakers have flirted with before. it's worked with mixed degree. chrysler is not the only one in that space. you see high numbers from kia, suzuki. i think the marketing is opening up to those type of buyers. if you look at credit scores of buyers, it's falling. there's definitely indication the market is moving that way. especially when you look at the aggregate number for the subprime market. it is increasing. >> to what extent -- auto makers don't need to offer incentives? >> you don't want to have to offer more money for somebody to come in and buy a vehicle. keep this in mind. we track this month to month. jessica knows about this. we've talked about this a couple of times. yes, we have seen them trending lower. the problem is, all it takes are a few automakers, we saw honda and toyota both ratchet up their incentives last month. not dramatically. all it takes is a few of them to say things are slowing down a bit. let's start pushing i

but some of the automakers like chrysler will be way up. so, again, ford, a decline of 5%. and you mentioned general motors? we're going to get the numbers and talking with don johnson and vpf sales coming up in a half hour. >> what's your take on these numbers? is this a low base? these guys are now moving into the sweet spot of the market when people are looking at vehicles that are bet, redesigns and more fuel efficient. they're saying let me take a look at a chryshler or a dodge. that's why you're up 28% when everyone else is flat or slightly negative. don't discount the fact that these are better quality vehicl vehicles. >> want to go out to the stock exchange. >> we can never forget about, even when the market is closed. >> we've got a problem. it's may day. may day. everything is closed. it's hard to talk about europe when nothing is open. i think ireland is open, as well. everybody is still talking about growth. there's two elections on sunday, the greek and the french elections. the problem is real simple. everybody's gotten this idea. that's the big bank that does

the recall involving the 2012 chrysler 300 and the dodge charger sedan. automaker says there is a fuse in those cars that can overheat and that can cause the anti-lock brakes and electronic stability control system to malfunction. owners can bring the cars to chrysler dealers and it will replace that use for you for free. new morning fog parents of young drivers. tripoli reports a drivers risk of death increases 44% to one carrying one passenger younger than 21 and no older passengers in the vehicle. the risk is double with two young passengers but the research also finds that the risks plummet's by 62 percent when there is an adult watching over that teenager. >> google will hit the road in nevada to test drive theirself driving a car. the silver state is the first to give them a license application to drive its autonomous car on public roads. the cars will need to have special license plates with red backgrounds and an insanity symbol on the left inside. the self driving cars have already gone through limited test runs in nevada and california. we will see if tha

. >>> chrysler is working through the summer this year. the automaker usually shuts down its u.s. plants for two weeks for its seasonal maintenance but it's going to keep four plants open to meet high demand. chrysler reported april was the best sales month in four years. >>> how would you like some free gift cards? there's an app for that. we take a look at two apps that offer free stuff in exchange for your social networks. one pulls information from your facebook account and your friends. you can gift wrap gift cards to friends. they're preloaded with a few dollars up to about 80 bucks. consumers redeem the cards about 20% of the time and they typically spend four to six times the base amount. it's complicated. it's pretty complicated stuff. so basically you're giving these companies your friends and in exchange they can decide if they like your friends enough so they can offer them these gift cards. >> an example why facebook is free. it's all about the information. >> marketing. >> thanks, jess. >>> try as you might. jessica failed to find us a deal on the painting. you know i

chrysler is reealling some 119- thousand vehicles today... with the brrking system.the em - recall involves thh 2011 to dodge charger ssdans.the ... an- automaker says a ffse can overheat... causing the anti- lock brakes anddelectronic stability control systems to malfunctioo.owners will be asked to bring their vehicles the use replaced. 3 even thhugh the preakness is still almost two weekk away, pimlico is already buzzing. buzzing. kentucky derry arrivee at pimlico monday afternoon... less than 48 hours after he won the unnforr thh rosee.ttainer doug o'neill originally planned to wait changed his ind oo sunnay.... figuring his orse could use the extra time to get surroundings at pimlico.the trip apparently went verr well....-(()) (())the preakness is (()) (())(()) (())the preaknesssis 3poming up on saturday, may 19th. police say they pulled ooer an s-u-v in oregon o find a whhel.. with his drunk father torres is acing a variety of charges for he incident.the prosecutor says torree had a blood alcohol levvl almmst three times the legaa limit. torres ays he was fullilling says hh only had four beers e and his son was never in thh unusuaa traffic

meanwhile a bump in the road for chrysler, atmaker recalling around 119,000 of its -- the automaker recallinground 119,000 its dodge chargers, a problem with the fuse could cause problems with its anti- lock brakes. at&t is launching a new home security home that users can access from smart foam devices allowing people to -- phone devices allowing people to control their home thermostat. domino's will start serving pizzas with gluten free crusts, but the new dough will cost around three bucks more than regular pies. that's business. i'm neil cavuto.   >> this fox 5 stock market report is brought to you by your lexus dealer. live life heroically. ] for our families... our neighbors... and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels so you know exactly what you're choosing... and in schools, replacing full-calorie soft drinks with lower-calorie options. with more choices and fewer calories, america's beverage companies are

automakers saw mixed results in the u.s. for april. chryslerreported today that truck and jeep sales boosted its business by 20%. and toyota reported sales increases of 12%. it said inventories have returned to what they were before last year's earthquake and tsunami in japan knocked out plants. on the other hand, ford and g.m. reported april sales fell 5% to 8%. a parliamentary committee in britain condemned media magnate rupert murdoch today. the panel's report came after months of investigating illegal phone hacking by a murdoch tabloid and his influence over politicians and police. but the committee was deeply divided, as labor party members blasted murdoch, and conservatives objected to the findings. we have a report from tom bradby of independent television news. >> reporter: these people corrupted our country. they brought shame on our police force and our parliaments. they lied and cheated, blackmailed and bullied. we should all be ashamed when we think how we followed them for so long. rupert murdoch is not fit to run an international

according to this journal, the ceo of chrysler says it will be discontinued in 2014. the automakers plans involve focusing more on the grand caravan and crossovers. >>> well, there's growing pressure right now this morning for facebook founder mark zuckerberg. people hoping he'll say something about the company's troubles. >> he's on his honeymoon, last we heard in italy. it's either been the best or worst timing for a trip overseas depending on how you look at it. some investors would like to see some reassurance from the newlywed that facebook is still on the right track. employees too would probably benefit. we talked in the past about how a company's stock price becomes a major distraction to workers. as for zuckerberg himself, he actually dropped off the list of 40 richest people on facebook -- as as facebook shares fell another 2.25% on wednesday. >>> the online travel reservation system kayak has reportedly delayed the ipo again, in part because of pressures from facebook. kayak would have been the first internet stock to go public since facebook did. don't read too much into

chrysler up 20% compared to the same period a year earlier. gm sales down 8% and ford fell 5%. the automakersay their numbers were down because of the timing of rental car deliveries. >>> what do the jobs numbers tell us about america's economy and what could it mean for the markets and your economy? economics professor at harvard university, ken wonderful to have you on the program, thanks for being here. >> thank you for having me. >> let's talk about those disappointing jobs numbers on friday, showing 115,000 new jobs created in the month of . unemployment rate down to 8.1%. of course the expectations called for a lot stronger job creation than we actually got. does this mean we've entered a new weaker phase of the recovery? how do you see it? >> well, i think it certainly brings us back to the point that this is going to be a slow, halting recovery. i don't think we're ever going to see 300,000, 400,000 jobs created a admonition at least not for a while. there's just too much debt, too much uncertainty, to really move a lot faster ran we could have 200,000. i mean, that would help. we'd g

let me run down some of these automakers and let you know how they did. chryslerour years. toyota says its sales were up 12% when you compare them to last year. now ford and gm say their results slipped, but they are still optimistic so that's a good sign. gm increased its forecast for car sales and ford's fuel-efficient vehicles, they are doing pretty well and we're seeing all this strength being reflected in manufacturing overall. one of the strongest parts of the economy right now so what you're seeing, carol, are consumers and all that pent-up demand for cars coming back. want to trade in the old and buy new. >> so is this going to translate into jobs? >> and that's a good question. we are seeing that, at least with chrysler, toyota and gm, all saying earlier this year that they are hiring. now, gm says, yeah, we'll have to see about more job creation as the economy gets better, but the big wild card for the u.s. auto industry that you'll have to keep your eye on is europe's debt crisis. yes, it's still lingering there, but the weak sales, can you see them alr

that automakers are now working at maximum capacity hiring third work shifts paying out overtime even adding six day work weeks to meet the high demand for american made cars that froyo ford and chrysler are cutting short their annual july plant shutdowns just so they can add thousands of more vehicles to their output it is freeze on pace to sell fourteen point three million cars this year one and a half million more than they sold last year and it's also hired one hundred thirty nine thousand americans to work in the past three years president obama took a lot of risk rescuing the auto industry in two thousand and nine when mitt romney was arguing we should just let detroit go bankrupt now the returns on the president's risk are coming in. the bad kansas republican governor sam brownback of kansas already has one of the most regressive tax systems in the country with the poorest twenty percent of kansans pain nine percent of their incomes in taxes while the richest one percent pages six percent of their income in taxes and now go to brownback just made things worse on tuesday he signed into law a new tax overall bill that will cut the top tax rate in the state paid by the wealthiest

speaking of cars and hopium, automaker stocks, yes, they have been left in the dust over the past year, but there are signs of life and encouragement out there. for example, chrysler just making a call to forego the normal two-week summer shut down at four of its north american plants. in other words, their going to produce more cars. let's bring in phil lebeau. i'm going to read this as chrysler isn't going to make the cars if it doesn't think it can sell them, which means things are pretty good in auto sales. >> they're good in terms of auto sales and auto production. they are not good if you are in auto investor. take a look at gm and ford over the last year versus the s&p 500. no comparison at all, brian. and it's not just the automakers domestically, the foreign automakers, look at toyota. yeah, it's fractionally positive, but hyundai's down 10%. there are a couple of exceptions out there. you've got to look at maybe a bmw, tata motors out of india, those are the exceptions to the rule when it comes to the a automakers. and it's the same thing when you look at the parts suppliers. generally speaking, investors are saying i don't see the margin growth and i do

chrysler says sales jumped 20% last month. its best april in four years. but the news wasn't as good for other american car makers. sales at ford fell 5%. gm dropped 8%. foreign automakers fared much better. volkswagen sales climbed. toyota is up 12%. analysts say toyota has fully recovered from factory slowdowns last year, following earthquake flooding in thailand. >>> a judge digs misses a suit against dominique strauss-kahn. criminal charges were dropped but the new york judge rejected the argument that diplomatic immunity should protect the former head of the monetary fund from prosecution. >>> users of facebook can enroll for organ donor registry. zuckerberg says that steve jobs inspired the idea last year. in new york, i'm alexis christoforous. >>> after more than a half a century, a postcard finally finds its way to a virginia man. scott mcmurray's parents took a trip to chicago back in 1957. his mom promised to write. but mcmurray never received anything in the mail. well, it turns out, that postcard ended up in florida, in early april, instead of georgia, where he lived back then. the recipient tracked down mcmurray. he finally got the card, 55 years later. >>

automakers reporting april u.s. sales. while they may slow for rnlg made, analysts still expect them to continue at a strong pace. chryslerorecast to lead the pack with sales up about 19%. still with us of course is jason lilly, the director of portfolio management at rockland trust investment group. when we talk about the trading day ahead, this april ism number definitely in focus today. >> expectations are for a bit solder number. so as low as we're firmly bowl th before that, i don't expect a major reaction from the stock marketperspective. >> and we'll have data out on construction spending, as well. it's been mixed when it comes to the housing sector. any indications in the near future that things will start to rebound faster than we thought? >> we think so. the data has been mixed, but biased to the positive side. we would expect to see single digits year over year and an annualized number of greater than 800 billion. >> jason, you talk about margin s cans sustained. what's the longest? how long can they keep that? >> how long can they continue to keep elevated margins? >> yeah. >> well, with the current sort of mo