i bet mark is putting in 50 hours a week.ute the word professors for coaches, he is under control. he can't not study, not do the work. isn't every person at a university on scholarship, they could be unionized also. it's too hard. i don't feel like working saturday, studying. this is the wrong approach. >> that's got to be the last word. >> doesn't say unionization is a good word. >> thank you, mark. guys, sorry. thank you for joining us. be sure to tweet us about this though. are we that hard up for cash we are raiding our kids' piggy ba >>> predictions. >> battle of the titans. walmart is suing visa over these transaction fees. avoid the whole mess buy mastercard, which i own, 20% index. >> bull or bear? >> bear. >> your prediction? >> forget the stress test. citi has a wonderful ceo. up 20% the next six months. >> bear. facebook spent $2 billion on virtual reality, oculus. they are not cool. >> bear. >> one in three parents admit to stealing or borrowing or taking money from their kids' piggy bank. i one of them. every pa

i bet mark is putting in 50 hours a week.the word professors for coaches, he is under control. he can't not study, not do the work. isn't every person at a university on scholarship, they could be unionized also. it's too hard. i don't feel like working saturday, studying. this is the wrong approach. >> that's got to be the last word. >> doesn't say unionization is a good word. >> thank you, mark. guys, sorry. thank you for joining us. be sure to tweet us about this though. are we that hard up for cash we are raiding our kids' piggy banks? it's true. ♪ ♪ ben! ♪ [ train whistle blows ] oh, that was close. you ain't lying. let quicken loans help you save your money with a mortgage that's engineered to amaze. let quicken loans help you save your money great. this is the last thing i need.) seriously? the last thing you need is some guy giving you a new catalytic converter when all you got is a loose gas cap. what? it is that simple sometimes. thanks. now let's take this puppy over to midas and get you some of the good 'ol midas

i bet mark is putting in 50 hours a week.ubstitute the word professors for coaches, he is under control. he can't not study, not do the work. isn't every person at a university on scholarship, they could be unionized also. it's too hard. i don't feel like working saturday, studying. this is the wrong approach. >> that's got to be the last word. >> doesn't say unionization is a good word. >> thank you, mark. guys, sorry. thank you for joining us. be sure to tweet us about this though. are we that hard up for cash we are raiding our kids' piggy are raiding our kids' piggy ba i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still gonna give me a heart attack. that's health in numbers. unitedhealthcare. suddenly you're a mouthbreather. well, put on a breathe right strip and instantly open your nose up to 38% more than cold medicines alone. so you can breathe and sle

that's the big bet facebook's mark zuckerberg just made with his $2 billion acquisition of oculus, which develops virtual reality technology. users put on a headset and feel like they're inside and part of a video game. it's a totally immersive gaming experience which facebook sees as the next big opportunity. >> it seems like they've done a pretty good job of securing market share and opportunities when it comes to mobile. and they're thinking about what's next. and to them, seemingly virtual reality is one of those areas where you could see some new paradigm. >> reporter: zuckerberg says virtual reality has all kinds of applications. imagine feeling like you're courtside at a game, talking one-on-one with your doctor, or studying in a classroom halfway around the world. >> that is clear? >> reporter: this isn't just sci-fi fantasy. sony last week let me try out its virtual reality headset. i was virtually transported underwater in a cage surrounded by sharks. it was so real that after a few minutes i was ready to throw off the headset. so what's the business model zuckerberg imagines?

bet. this is after mark zuckerberg said they were not going to make any big purchases after whatsapp thisee this as a placeholder for the future, not as a determination of the future. it is a really unusual decision for a company to try to imagine what the future of computing will be very far out. and to put that down there. the model in some ways is what they see, that competitor up the street doing, google. they're looking at google class and saying what have we got? we can acquire oculus. knows what is going on in the background. it looks like they were trying to have something competitive in this area, made even one of google with all their efforts going towards google glass. >> zuckerberg already came out and say he does not expect the device is to actually be profitable. it does not see my face but cares that much about the actual goggles, they care more about the ad platform behind it. >> i think one of the interesting things going on with facebook and their acquisition strategy is twofold. they are looking at places where there might be different businesses that exist alongside fa

marks & spencer's. now, next is living up to that investor bet. are set to over marks & spencer's for the first time ever. profit is bigger. the way it is is the online assertiveness. they cut their teeth in the directory unit. this is a company that did catalogs. it knew how to get clothes to your home. online was a natural progression. set took that bet early and the bar here for u.k. weekenders. if you order at four: 10:00 p.m., you can have the clothes in the store the next day. that is something other retailers have struggled to combat. online, they got in early and invested where they needed to. ahead of christmas, they didn't slash prices like marks & spencer's did. no, consistency. they weren't worried that what they were buying was going to be cheaper the next day. they are scaling up to bigger stores. they are offering better quality. it is going to get more fashionable. they are going to do home wares as well. rugs, carpets,r curtains, not just clothes. lacks in age, it makes up an experience in its management team. >> it is fascinating.

mark zuckerberg is betting big, purchasing a company for a cool $2 billion.ual reality goggles could be the future on social networks, according to some of you, even competing with google glass, because so many people use google glass. yeah, but after facebook shelled out $16 billion just weeks ago, to acquire the texting company what's app, and its billions of users, millions of users, i should say, some of you are wondering, is facebook trying to get in your head and take over the world? meanwhile, social media is actually helping you to provide support right now to hall of fame quarterback, jim kelly. the former buffalo bill is back in the hospital, being treated for oral cancer after surgery last summer. many of you have been sharing words of support on twitter, using the hashtag get well jim kelly and prayers for jk. and you're posting to a special facebook page. kelly's brother said, quote, jim reads those messages on pray for jim kelly and it's encouraging him and gives him strength. kelly's daughter is also posting photos to instagram. they show him s

it's great to have you here on a day when mark zuckerberg makes another multibillion dollar bet that ink? what do you think mark zuckerberg wants with opulus? >> i think it's good. he's betting on a new platform that is going to become dominant in the world and he is picking it up obviously much more eb expensively than google was able to buy android. i think it's unquestionable a massive success and an area where i'm keenly watching for investment opportunities on behalf of bfj and think there is unlimited potential given the scale of the platform and when new platforms take hold, new opportunities are created. >> bubba, i just wonder how much of a gamble it is because there's no proof that virtual reality is the future. it's not even in consumers' hands at this point. how risky of a bet is that? >> i definitely think it's a risky bet. but i think at the same time you only make returns by taking risks. that's what we learn as venture capitalists. we've made tremendous bets with space x and tesla that have returned great returns for us and we continue to look for big ideas that have t

. >>> march madness is under way the betting that has basketball fans in a frenzy. >>> mark will haveorecast and the timing of the next system that could bring the first spring showers. >> major security breech effecting tens of >>> san francisco's department of public health is working with tens of thousands of patients after a security breech put their patients at risk. it happened early last month when thieves broke into a medical billing company and stole computers. among the data stolen, were the names addresses and in some cases social security numbers of 56,000 patients. >> this is for billing purposes so it is not -- the patients medical record wasn't there, billing information. >> public health officials say as of now there are no reports of the stolen information being used. police are investigating the case. >>> federal officials searching for a sacramento man who defrauded thousands of credit card users. 33-year-old man faces 23 counts of felony wire fraud and mail fraud. the u.s. attorney says he, and 39-year-old man of los angeles created a fake business to siphon off sm

. >>> march madness is under way the betting that has basketball fans in a frenzy. >>> mark will havebay area forecast and the timing of the next system that could bring the first spring showers. >> major security breech effecting tens of thousands of people here in the bay area. how it all started with a break- in, hundreds of miles away. >>> san francisco's department of public health is working with tens of thousands of patients after a security breech put their patients at risk. it happened early last month when thieves broke into a medical billing company and stole computers. among the data stolen, were the names addresses and in some cases social security numbers of 56,000 patients. >> this is for billing purposes so it is not -- the patients medical record wasn't there, billing information. >> public health officials say as of now there are no reports of the stolen information being used. police are investigating the case. >>> federal officials searching for a sacramento man who defrauded thousands of credit card users. 33-year-old man faces 23 counts of felony wire fraud and m

betting wrong. smart.uys are very mark and sheryl sandberg are some of the smartest people in the business.hink they know what they are doing. billion andbout 19 that the company was started only three years ago and we read the headlines and think, it is so easy to get to $19 billion. but it is really difficult. you have helped companies reach valuations of $100 million or more and that is hard. >> really hard. oftakes an enormous amount determination and courage and ability to accept risk. what is exciting now is many tech companies are not just bubble companies and not just creating false start ua shins. they are creating real services with real value and revenues and profits. what we're looking at in our portfolio, we do crowd funding where we allow accredited investors to come in and pick the next whatsapp and invest their money. we look for companies that actually have traction. >> everyone is looking for that. classes very competitive. there are a lot of entrepreneurs. it has become part of the culture. everyone wants to be a founder and a lot of people are taking that risk. >> they a

mark zuckerberg is making a $2 billion bet that virtual reality is going to become our reality. going to become the next big platform, the next big computing platform. remember, it was actually a bit behind in terms of the mobile party. he got to that party late. he had to making those big acquisitions, what's an. -- whatsap. looking to remain ahead of the curve. get into the next big thing. remember google glasses? you have wearable technology coming from samsung in terms of wearable watches . smart watches. he wants the big, clunky, almost sort of ski goggles that you can lose to slice through space. walk a plank over ravines. why not use these to go to doctors appointments. why not have a meeting wearing them. one, it is an opportunity. remember, facebook made some amazing acquisitions. in fact, 40 over its 10-year history. more than $21 billion. not all of them have been put into facebook. whatsap and instagram remaining independent. if facebook doesn't stand the test of time, certainly some other of his company also. >> are investors pretty pleased about it? >> the share pr

bet on twitter? >> no! >> so, to spend less, dan then sold the mark 75 strike call.we spehe spent o lowest strike call dan has reduced the total cost of his trade to 3.50. that means, instead of needing twitter to raise $72, dan sees profits as long as it rises above $72. >> i like it very much. >> we like it, too. ♪ >> but, he's not done yet. >> you can sell the march 55 put. >> that's right. to make the trade even cheaper, dan then sold the march 65 strike put for $3 and created his call spread risk reversal. sounds tricky, right? let's do some simple math to make money. between the $7 he spent on the strike call and the money he collected collected, dan is spending just 50 cents on the trade. that means instead of needing the stock to rise above $68.50 to make money, dan now sees profits if twitter raiises abov just $66.50. the only problem, if he didn't sold that put, he'll be obligated to buy the stock for $55 even if it falls well below that level. sadly, since the time of the trade, twitter shares have fallen more than 15%, meaning, dan might have to buy that

. >> reporter:facebook is betting that virtual reality will offer more than just gaming. mark zuckerberg says that "mobile is the platform of today, and now they are getting ready for the platforms of tomorrow," said >> reporter:he believes "oculus has the chance to create the most social platform ever, and change the way we work, play and communicate." >> reporter:they plan to connect people socially through the oculus rift to other people to places, to education, to shopping >> reporter:one example they used was: imagine enjoying a court side seat at a game, studying in a classroom of students and teachers from all over the world or consulting with a doctor face-to-face -- just by putting on goggles in your home. >> reporter:the idea is an entirely new new communication and social platform. facebook said by feeling truly present, you can share unbounded spaces and experiences with the people in your life. imagine sharing not just moments with your friends online, but entire experiences and adventures. gsk4n >> catherine: a growing trend. kicked to the curb. where you're no l

marks & spencer's in its last financial year. the 32-year-old has beaten the 130-year-old. they now have more profit at next. investors have been betting on this. they have driven the market capitalization of next above marks & spencer's. they have been driving the share prices higher. up fivefold in five years. now next returns that belief to the investors and says, we are also more profitable. sales, nowhere near marks & spencer's. full-year sales are about 3.7 billion pounds. m&s about 10 billion per year. still, they are far more profitable. dividends are coming the shareholders' way. that is by earnings-per-share keep driving up. it is all about their online presence. they have mailed it in terms of online. they already have a catalog business. they were the biggest u.k. home shopping is this already. they knew how to get your orders to your home. they invested big and now we are seeing a 12% increase of online orders. >> you were talking about the long service of the management team. the strength of our group is built on the hard work and productivity of the management team, they say. >> look at the statistics. lord wilson, chief

bet? i spoke with bubba murarka, who is the managing director of draper fisher. i talked to him about markrberg buying whatsapp. >> it shows that mark is really everything i hope he continues to be for a long time, which is making big bets, proving that he has the ability to pull them off right. and then showing the conviction afterwards and not backing down. >> $19 billion -- is it worth it? >> it is hard to say, but if you look at some of the different comps or active users, i think the market opportunity is that it could replace mobile. the mobile carrier market is a trillion dollar business annually. could whatsapp take a percent of that? i think it has a real shot. >> when you were at facebook, were you aware of whatsapp? when do you think they started following it really closely? >> i think we were always aware of it. 80% plus of facebook's users are outside of the united states. they are very aware of other companies, but i think it was a serious observation based on the whole category. you have another one that is nearly 200 million active users. there is a phenomenon going on. ult

betting on water becoming the new oil. >> tremendous opportunities because there is no substitute. >> mark robert, has an annual $700 million in water transactions. >> water is probably one of the more neglected asset classes that we've come across in our professional careers. >> it's hard to imagine water as a commodity being bought and sold like gold but here is how it works. water right holders. these are farmers, municipalities and industrial interests. certain areas in the western united states allow those rights to be traded with interested buyers. usually in one-on-one transactions. and that's where private investors come in. they snatch up water rights in dry states with the highest water needs. mostly districts in california, texas, arizona and colorado. >> having said that there are pitfalls in trying to invest in the water industry too quickly or without sufficient background. >> reporter: water can be notoriously complicated to invest in as a commodity. it comes with specific rules as to how and when it can be used. agriculture, certain seasons, from region to region, heavy and expensive to move, and excuse the

bet in 2005. maybe it is a sign of the times. maybe it is a function of how badly markd how little the oculus executives really wanted to sell . nevertheless, it is extraordinarily expensive. you saw me doing a demo on the technology. i am sitting down because when you move around, you don't know if it will cause nausea. >> i want to talk to you about the technology. don't go anywhere, we have some breaking news we have to get to with news out of the big banks. we will go back to brad. >> a couple of different headlines. first, i want to get more to the banks that we are learning about and what they are doing with their capital in the wake of the results of the fed stress test. they are also setting a $4 billion buyback, it looks like they had to go back to reduce the capital return they had requested. analysts had also been looking for a dividend of eight cents per share. that is something just to put this in perspective. we are also getting headlines learning about what jpmorgan is doing in the wake of the stress test. they say that they will raise a dividend to four

bet on water becoming the any oil. -- the new oil. >> tremendous opportunities because there is no substitute. >> mark is a partner at water asset managementa new york city investment firm with an annual $700 million in water transactions. >> water is probably one of the more neglected asset classes that we've come across in our professional careers. >> it's hashed to imagine water as a commodity bought and sold like gold but here's how it works. every year state and local authorities divide the available supply among what are called water right holders. farmers municipalities and industrial interests. certain areas in the western united states allow those rights to be traded with interested transactions. and that's where private investors come in. they snatch up water rights in dry states with the highest water rates, usually in california, texas, arizona and colorado. >> having said that there are pitfalls in trying to invest in the water industry too quickly without sufficient background. >> water can be notoriousl notoy difficult to invest in. some water rights must be used for agriculture and only in certain seasons. prices of water v

bet on in 2016? nbc news senior political editor mark murray is here. a number of headlines coming out of this weekend gathering, as the first read team notes, billionaires financing national campaigns is now so important that one man, not even an advocacy group, can create a cattle call. this is a new day. elaborate for me how significant this weekend was, given we had multiple governors lining up for face-to-face time with one guy, not a pac or group, as you note. >> a lot of times, and i've been covering politics many years now, you have perspective presidential candidates kiss the rings of particular interest groups, but never before where the one person in this interest group is essentially a billionaire. as you mentioned, he spent $90 million in the 2012 presidential election, first for newt gingrich and that super pac that was trying to help anymore during the primary season, then the general election for mitt romney. of course, sheldon adelson, that $90 million didn't work out for him either in the primaries or general, but there is a sense if y

seventy three it was doing fine tuned by their a good foundation to put into place messages by bet romney and mark if it's well you know you can the one article that i read about this basically the headline of the banner was you know the republican plans as big a mess as the obamacare and that's true they're both messy plans it's too much government you know health care is a huge part of the economy and we're talking about economic liberty so any large republican plan is just in many ways as bad as a large democratic plan what's happened though is that once they see a pass now the idea is we've kind of everyone assumes we have to have a plan which we don't we need very little government intrusion on health care but now because there's the democrat plan they see exists now it's almost a given that we don't have that conversation more than whether there should even be a plan now we're seeing the republican plan versus democrat plan there should be a plan the government needs to get out of the free market of health care it's a huge part of our economy and it deprives people of economic liberty you kn

. >> i bet you he has a tire mark on the top of that helmet, it was so close. >> a race paramedic runsn to the track. >> oh, dear me, that was horrendous. >> this poor guy comes running out there to help him and gets hit by a motorcycle being shattered at him like a gun. >> it breaks the paramedic's ribs, kneecap and leg. >> it's a terrible thing a guy is there to help you and gets hurt like that. unreal. >>> a barge bears down on a duck boat full of tourists. >> hey, sorry, sorry, sorry, whoa, whoa, whoa, whoa, whoa! >> are you having a good time, gang? >> tourists in philadelphia flock to ride the ducks, a scenic tour of the city by duck boat. in july 2010, a surveillance camera captures one of those duck boats with 37 passengers and crew on board stalled in the delaware river. >> the boat is experiencing mechanical problems and broke down. unfortunately for them, they were in the path of an oncoming vessel. >> that oncoming vessel is a mammoth barge, 250 feet long and headed straight for the duck boat. >> hey, ferry, ferry. whoa, whoa, whoa, whoa, whoa! >> most of the stunned touris

betting on the promise of growth. the market got ahead of itself. instead of being markedimism, it is almost over pessimism. >> somebody is buying. >> bulls will say earnings have been growing 20% per quarter since 2009. growth in the tech bubble, and it did not pan out. >> what is the outlook? you seay there's pessimism. forecasters in wall street are looking for a big gain this year? >> from the beginning of the year, a six percent gain, almost 30% last year. basically it is that cautious optimism. what arepeople ask me most investors saying. at the beginning of the year people were saying it was going sideways, and so far they have been right. or 2% thisup 1% year. the matter what you throw at this market, ukraine, argentina, whatever it is, the u.s. credit rating, it just keeps marching on. we have these corrections here, but we have not seen a bear market since then. >> what is the single biggest risk ac that could actually derail it? >> if you look at earnings valuations, we need to keep earnings growing. >> that is pretty basic. thank you so much. julie hyman.

. >> reporter:facebook is betting that virtual reality will offer more than just gaming. marksays that "mobile is the platform of today, and now they are getting ready for thehe believes "oculus has the chance to create the most social platform ever, and change the way we work, play and communicate." >> reporter:they plan to connect people socially through the oculus rift to other people, to places, to education, to shopping >> reporter:one example they used was: imagine enjoying a court side seat at a game, studying in a classroom of students and teachers from all over the world or consulting with a doctor face-to-face -- just by putting on goggles in your home. >> reporter:the idea is an entirely new new communication and social platform. >> reporter:facebook said by feeling truly present, you can share unbounded spaces and experiences with the people in your life. imagine sharing not just moments with your friends online, but entire experiences and adventures. gsk4n >> jacqueline: downtown san francisco, is looking clouds their sharpest continuing right now. showers continu

i make marks on my pages. stuart: i betng,hattillas worng tewrir a hom >> i have one. i have to. stuart: your take is next. ♪ stuart: i was in arizona last week. i see a guy with an ipad. he is buying thousands of google shares. i do not know how that got in there. sorry about that. we are flat out of time. ♪ ♪ ♪ >> welcome to day one of "risk and reward." a brand new show on fox business. our ambition is to give you more ways to invest your money. our top story, high-frequency trading. author michael lewis dropped a bomb on wall street last night. he said average investors in the stock market do not stand a

. >> mark cuban on abc's "shark tank" zeroing in on some prey. it's been called a surprise hit. i'll betised. >> i was shocked. >> you're a very confident guy. everything you touch basically turns to gold. >> no, i was shocked. mark burnett asked me to come on as a guest shark. i thought it's a business show. how long do business shows last. it kept on getting bigger and bigger. i went from a guest shark to permanent shark. now i'm in my third season i guess. it's amazed me how well it's done. now it's become part of the zeitgeist of the country. everywhere i go people don't want to talk basketball they want to talk "shark tank." >> when i used to judge "america's got talent" i can remember having to sit through so much crap for want of a better phrase just waiting for the nuggets of amazing talent. you must have i guess the same experience where so much of the stuff you're being pitched is useless and the people pitching it are useless. >> no that's where i disagree. you can't ever think that the people are useless. the beauty of the show -- >> as a business person? can they not be usel

mark zuckerberg's long-term plans. there's huge growth potential and what he has done is making an offensive bet that there will be a shift in how people consume the internet. he's made brilliant defensive moves by buying instagram and by buying what's app. but those are moves to his business model. oculus has a product that's completely transformative in terms of how you experience the internet. you could turn your head to the left see your parents. you could turn your head to the right and see your colleagues. that's something that we don't quite understand yet but if facebook wants to protect itself and be prepared for the future, it was a brilliant move. >> it sounds as though you would put him in the visionary category if i'm reading you correctly. >> oh, he's a visionary, all right. one of the smartest things he did from a technical standpoint is he created a two class stock structure for facebook so that he has much more voting power. now he was anticipating that this would be because he would be making big, risky, innovative bets and he didn't want to get outvoted and have to deal with the masses of shareholders t

mark zuckerberg send a call last night, this is a long-term bet on the future of computing. and face-to-face for long distance, participating global classrooms. a lot of ideas for this. it is going mainstream. >> for the first time virtual reality works and this is something people have been imagining for so many years, 40 or 50 years, when they will put on a head set and be in the game. >> this is a great deal for him but not all developers are pleased with this deal. mine craft, the popular game, was in talks to bring the popular game but after the acquisition was announced yesterday, i can't believe that deal, facebook creeps' me out. he went on to say in a blog post, too and clear, haven't been historically stable platform. one company walking away a big winner didn't make any money off of the deal. the first billion dollar company raised $4.2 million from 9500 backers in 2012. the only problem is you don't get equity on kick starters and the head set if and when it comes out or maybe just a t-shirt and to give you a sense of the billions of dollars facebook is throwing

. >> it shows mark is everything i hope he continues to be for a long time which is making big bets andng he can pull them off and getting the deal done in one month and not backing down. >> $19 billion, is it worth it? >> only time will tell. it is hard to tell. for active users, the market opportunity for whatsapp could replace communications on a mobile. how big is the mobile carrier market? $1 trillion annually. i think it has a real shot. >> when you were at facebook, were you aware of whatsapp and was mark aware of whatsapp and whether they start carefully watching? >> i think we were always aware of it. 80% of facebook users are outside of the states and we were aware of other companies. very aware of other companies. but i think, it was a serious observation based on the whole category. you had whatsapp and even tangome. there is a phenomenon going on at that is why they created messaging brand and ultimately, they realize the right way to win in this market was whatsapp. >> to give an idea of what you think mark was thinking and what he plans to do with it >> he got the deal do

facebook is betting that virtual reality will offer more than just gaming. mark zuckerberg says mobile is the platform for today and now they're getting ready for the platforms of tomorrow. their plan is to connect people socially through the oculus ref to other people places education to a shopping. and so now it's an entirely new social platform. schering not just moments with your friends online but entire experiences and adventures. i know this sounds crazy but they just dropped $2 million on this idea so it's coming. hos coming up here on the kron4 morning news those caught jumping off the world trade center are speaking out now about why they did it. you hear their story coming up next. meanwhile there's a live look outside their and our walnut creek camera showing the six in the commute. right now it's ok a little wet and spot gold. jurors will mayor ed lee will be on hand this morning to officially reopened the west portal squawked and gobble. it was more than a year ago the fire destroyed much of the restaurant. --squat and gobble. sustained $900,000 in

really just betting on the promise of growth that we did get eventually. it started being markedbody is buying, obviously. 20%arnings have grown about on average. you just don't have that kind of growth. >> what is the outlook? this pessimism out there, if you look at the average forecast on wall street, they are looking for again out there. not a big one. >> it is basis -- basically cautious optimism. what are most investors saying? so far they have an right. no matter what you throw at this market, ukraine, argentina, whatever it is. >> really quickly, when you talk to investors, what are the biggest risks that you see that could derail it? >> we really need to keep the -- keep it going. >> appreciate it. for "on the markets," i am julie hyman. ♪ >> this is "taking stock" for monday, march 10. i am pimm fox. will meet to executives who say they will bill the bitter -- build a bigger and better network for all electric vehicles. will debate the future for the payment

:00, could be flirting with the 70- degree mark throughout the afternoon, monday warm and tracking the shower chances, slight chance tuesday, maybe a better bet into wednesday. if you want to run 26.2 miles sunday, looks just fine. >> i think they're going to get about 10,000 people, real successful festival. >> always a great event and the weather looks just fine. >>> entering the workforce without the right tools. >> families want to know their students are going to be prepared to meet the demands of the greater world. >> how a new school opening in the bay area has parents lining up even though sending their kids there will be pretty expensive. >> back to julie haener in our newsroom with more on what we're working on for 6:00. >> seconds over safety. >> that last moment you're the last person who saw this person alive. >> a different perspective on the dangerous decisions people make every day on these tracks. >> plus nearly 1,000 trees could be removed to keep people safe, the underground trouble the trees could be causing, these stories and more coming up in less than 10 minutes at 6:00. >>> this isn't just your average birthday. a nurs

marks and around it, about seven inches wide, the width of the mouth. and then pretty intense, kind of shocks your system at the moment that it hit. >> i bet. >> and florida shark bites are different than california shark bites. >> yes. a little bigger, aren't they, out west? great whites there. >> in florida, a lot of them are the feeding sharks, nurse sharks and sand sharks, yeah. they nibble. >> a little contact. >>> let's talk about what happened in washington state, horrible mud slide. we had an incredibly wet march. we're up over 7 3/4 inches of rain for the month of march. it just has been getting drenched there in the pacific northwest. and, you know, we haven't gotten a lot of that down in southern california where we need it. we have another storm on the way. you see the big swirl there in the middle of your screen. this one and the cold front moving on shore as we go through the night tonight. we get a dry day today, still protected by the dry, cool air. so another day today, just like yesterday. then the weather pattern changes and, again, look like much of the wet weather focused to the north, maybe slides into san francisco, maybe a little b

mark. it is janet yellen's first fed meeting as chair and investors are betting on big changes to forward guidance. and inditex sees the slowest profit growth in years. , a settlement with the u.s. to end criminal probes. keep it right here. ♪ >> i am francine lacqua in london. ons is "on the move" bloomberg television, radio, and streaming on your tablet and bloomberg.com. stock that is on the move is smiths group. a few talking to the ceo minutes from now. their figures were not bad at all. their underlying trading in the second half, they are seeing it to be improved. impact is quite big on this route. -- on this group. jonathan ferro is on central bank watch. let's kick it off with the fed. what are we expecting? >> not so much about tapering anymore. that is a bit 2013 already. another $10 billion looks to be dead on. it seems like the bar is set very high for them to change direction today. today is yellen's opportunity to put a stamp on things. forward guidance will be a huge focus. the 6.5% unemployment threshold that nobody seems to care about tweake, how does one forward guidance and cha

mark barton. edwards.am anna let's get back to our top story. facebook is making a betality is the next big thing for computing. a $2 billion bet, to be exact. they are buying oculus, the the ski-like goggles called risk. themine hyde can describe much better than i can. she joins us now. what are they and why is facebook getting into virtual reality? >> many a question. are they ahead of the curve? is this in the right direction? let's answer why they are buying virtual reality first. when they moved into mobile, they suddenly had to make loads of acquisitions. they bought instagram, trying to catch up. >> and they have caught up, haven't they? >> one billion people use their mobile applications. they are now saying, what is the next frontier? their bet is virtual reality. here are the goggles. there is someone wearing them. you are able to play games via these goggles. you are able to eventually feel as though you are courtside, watching a game. it is going to be interactive. mark zuckerberg says this will be the most sociable game. you may be able to play games with

mark. no way to put lipstick on this pig though. let's go to nicole petallides at new york stock exchange. if you want to betned to the market nicole. you just look at 10-year interest rates and see a drop almost exactly at 10:00 a.m. this morning. >> that's right, we saw that correlation for sure. right now the 10-year at 2.65%. we see the vix, fear index to the upside. the safe haven of gold with the up arrow up a buck 50. the environment we've been in is a jittery one. liz: the big dividend payers, they were the one shining spot moving to the upside aside from treasurys as we were talking about. they have forward dividend yields of more than 5%. it appeared that became very attractive today. >> absolutely that is the safe haven. the one that is pay out dividend, teco energy, entergy. we saw some other names that have been safe haven as well like utilities. [closing bell ringing] david: right. by the way, homebuilders got knocked on the chin today as well. whole bunch of sectors with the exception of utilities. it is not a good day. looks like the market settling down about 231. liz: 231. low of the sessio

bet on virtual reality. one is $2 billion on clunky that at the moment you can fly through space in an amazingly realistic form. what is in it for facebook? according to mark zuckerberg and the reason he is spending so much on oculus is because the potential. what can you do with this? he says you can go to the doctors with virtual reality. you can have a meeting. he thinks this is the next platform of computing, trying to make up for the fact that he was pretty late to party when it came to mobile. he had to suddenly make big acquisitions like whatsap. now he has 1 billion people using his mobile applications to facebook. now he is adding to that trying to be ahead. interesting, we were talking about it earlier. trying to diversify. what if facebook goes out of fashion. what if we stop using it? whatsap hasn't been integrated into facebook. has instagram. >> a hedge. >> i'm liking >> i'm liking where this conversation is taking us. >> you have to remember. the c.e.o. will be speaking to bloomberg later on. the conversation coming up at 2:30 p.m. london time. >> from the hague to brussels with the morning stop. president obama continues to european tour th

mark carney. a little hotter than on the grain. back to you. >> manus cranny with the latest from westminster. next, why israel is betting farm on technology for cows. how the nation is leading the world in milk production. >> behind the wheel. go for a spin with formula one caterham to look at the changes of the sport. ♪ >> welcome back, you are watching "the pulse." that is how many lk israelf cow's mi produces every year. than% more milk per cow the u.s.. elliott gotkine finds out why. me is real's super cows. holstein heifer's are used around the world but is really once produce more milk. produce almost 50% more than german callas in 2012. partly because they are treated better. l cows enjoyed air conditioning. it is also down to technology. here at the kibbutz, it is the quantity of milk being measured and the quality. displayed on these computers. odometers indicate if the cow is unwell. afimilk exports technology to 50 countries. yields remain higher because foreign farmers are more traditional. >> we believe technology belongs to the google's of the world, not a dairy farm. it is a conservative marketplace. peop

marked emergency exit. but i don't know if it's open. i don't know where it goes. so my perception of risk is go out the way i came in, it's a safe bet. >> people stuck in the crush are desperately reaching for relief. local freelance videographer kent hurslic is part of the first camera crew to arrive, capturing the only video of the scene. >> there were people that were stuck in the doorway, and they could not get out. they just became so interlocked that they couldn't pull the people out. they were going to pull a limb off if you were going to pull somebody out of the there. >> firefighters must enter to the back of the club to access people piled up along the stairwell leading to the front door. >> they had to stand on the pile. they had to stand on people and take one person at a time off the pile and pull them into safety. they were in cardiac arrest. they were technically dead, and they worked on them and resuscitated them and got a heartbeat and brought them back to life. it takes time for the rescue workers to get there. unfortunately these people didn't have any time. they were being asphyxiated from all the pressure up aga

now, we mark fat tuesday with the history of one of the most infamous tourist rituals at mardi gras in new orleans. and find all of our vice week reporting, from the science of sloth to betting with bitcoins. all that and more is on our web site, newshour.pbs.org. >> ifill: and that's the newshour for tonight. on wednesday, miles o'brien's second report from the crippled fukushima nuclear power plant. i'm gwen ifill. >> woodruff: and i'm judy woodruff, we'll see you on-line and again here tomorrow evening. for all of us here at the pbs newshour, thank you and good night. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.w

mark 11, jesus is adamantly anti-figs. there's also plenty of biblical justifications, god hates shrimp. god hates cotton poly blends. not sure what's going on with the pirate in the foreground. but i bet. who they just used anti-gay signs as if their words are more like prefixes. homo sex is great! their ubiquitous god hates fags message has been rebutted by a dog who feels exactly the opposite. and also apparently by god himself, who begs to differ with the westboro cult. the cult despite itself has been an inspiration to americans all over the country wherever they' shown up. they have indirectly caused a lot of good works out of our own human revulsion out of their cru cruelty. when michael sam came out and they came to the university to protest their existence, thousands of college students kurn turned out in the gold and snow to make a human wall. this is not an obituary for the head of the westboro baptist church. he's gone, dead at the age of 80. but someone, despite himself, actually did bring out the best in meepeople, and endep being a very, very clarifying thing for all of us. that does it for us tonight. see you again tomorrow night. have a great night. >>> paul ryan takes